Regulatory Alerts2021-10-05
Statements Made at the MTN Uganda Limited Intention to Float Event
The Capital Markets Authority of Uganda issued a clarification regarding remarks made by CEO Keith Kalyegira at MTN Uganda Limited's IPO announcement event. The Authority specified that the comments concerned the increase in the Uganda Securities Exchange's domestic market capitalization rather than the specific size of the IPO offer. Detailed information regarding the IPO value, share price, and number of shares will be provided in the official prospectus once registered with the Registrar of Companies.
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