How to buy MTN Shares – MTN Nigeria Communications Plc announced the giveaway price of its public offering to retail investors for the sale of up to 575 million shares held in MTN Nigeria by MTN Group will be priced at N169.00 per share (the Offer). The Offer opens on Wednesday, 1 December 2021.
The Offer is in line with MTN Group’s commitment to reduce its shareholding in MTN Nigeria from 78.8% to 65% over time. The objective of the Offer is to provide as many Nigerian retail investors as possible with an opportunity to own shares in MTN Nigeria.
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The minimum subscription is for 20 shares and lots of 20 shares thereafter. The Offer includes an incentive in the form of 1 free share for every 20 shares purchased, subject to a maximum of 250 free shares per investor.
The incentive is open to retail investors who buy and hold the shares allotted to them for at least 12 months, post the allotment date.
How to participate in MTN Nigeria Shares Offer 2021
Interested investors should ensure that they complete and submit applications through any of the following channels.
PrimaryOffer: To apply for shares through PrimaryOffer, investors need to:
- Visit the PrimaryOffer website at www.primaryofferng.com
- Download the PrimaryOffer app. Available for free from the App Store for IOS and Google Play Store.
Receiving Agents: To apply for shares through the Receiving Agents, investors need to:
- Complete an application form.
- Submit the completed application form and evidence of payment to a Receiving Agent.
You can also call the Customer Support Centre – 070046837862452 or 080MTNOFFER (0806 866 3337) for inquiries.
MTN Shares Application Closing Date 2021
Application ends on Tuesday, 14 December 2021.
NOTE: A Bank Verification Number (BVN) is required to register on PrimaryOffer, and investors will need to have a CSCS account number to complete the transaction. If you do not have a CSCS account, your stockbroker can assist in setting one up for you before completing your application. A CSCS account can also be created for you as part of the application process on PrimaryOffer.
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