Transcribed

Airtel Uganda Extends IPO Closing Date 

Oct 18, 2023 · 1m 33s
Airtel Uganda Extends IPO Closing Date 
Description

Airtel Uganda has shifted the closing date for its initial public offering from October 13 to October 27. The company will begin trading its shares on November 7 instead of...

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Airtel Uganda has shifted the closing date for its initial public offering from October 13 to October 27.
The company will begin trading its shares on November 7 instead of the initial November 3.
Airtel is offering 20% of its total stock, 8 billion shares, on the main investment market segment of the Uganda Securities Exchange at Shs100 ($0.0269) per share.
Airtel opened its IPO for subscription on August 30, 2023, and was expected to close by October 13. T
he company expects to raise Shs800 billion which would value the telecom at Shs4 trillion.
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Author Africa Business Radio
Organization Africa Business Radio
Website -
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