Announcement of Successful Registration of MTN’s Ordinary Shares With The Securities And Exchange Commission (“SEC”)

By May 10, 2019business, News

MTN Nigeria Communications Plc (MTN) announced that it has successfully completed the registration of 20,354,513,050 ordinary shares of N0.02 each with the Securities and Exchange Commission (SEC).

The completion of this process sets in motion the next steps in MTN’s intended listing by introduction on the Nigerian Stock Exchange (NSE).  

Speaking on the announcement, the MTN CEO, Ferdi Moolman, commented: “I am excited we have achieved another milestone in our listing process and want to thank the SEC and the Corporate Affairs Commission (CAC) for supporting us through the process. We have now begun to engage with the Nigerian Stock Exchange (NSE) to complete the listing process.”

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