Business & Economy

MTN Nigeria Shares: Subscribers CSCS Account To Be Credited From Feb 18th 2022

Published

3 years ago

Feb 4, 2022.

Paul Mbagwu

MTN Nigeria shares to commence soon, MTN Nigeria will commence crediting Shares Subscribers CSCS Account on February 18th 2022.

EKO HOT BLOG reports that MTN Nigeria Shares Subscribers CSCS Account will be credited February 18th 2022.

This is according to a statement released by Primaryoffer recently via email to applicants who earlier subscribed for the MTN shares.

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.

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 pro le 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.”

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.

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