MTN Nigeria To Begin Crediting Shares Subscribers CSCS Account February 18th 2022

MTN Nigeria To Begin Crediting Shares Subscribers CSCS Account February 18th 2022

According to Primaryoffer, MTN Nigeria Shares Subscribers CSCS Account To Be Credited February 18th 2022. This information was forwarded via email to applicants who earlier subscribed for the MTN shares. Check details below!

Primaryoffer wrote:

We are pleased to announce that the Securities and Exchange Commission (“SEC”) has approved the allotment of MTN Nigeria shares. The offer was 139.47% oversubscribed which reduces MTN Group's shareholding from 78.8% to 75.6%. All Retail Investors were fully allotted 100% of the units applied for.

What next?

1) Subscribed shares will be credited to your CSCS account by February 18, 2022.

2) If you have not received your CSCS number, please log in to https://www.primaryofferng.com and check your profile or contact your Stockbroker.

The promotional offer “1 free Share for every 20 purchased” (subject to a maximum of 250 shares) will be allotted to investors who hold their shares for 12 months till January 31, 2023.

You may want to also check MTN Shares - 5 Things To Note As ordinary Nigerians take over MTN

MTN Nigeria announced its Audited Financial Results for the year ended December 31, 2021, and proposed a final dividend of ##8.57k per share. All shares allotted under the Offer for Sale are eligible for the proposed dividend which will be paid on April 28, 2022.