Airtel Uganda Extends IPO Closing Date 
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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 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. This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/5512041/advertisement