Further to the Exchange News Service of the JSE Ltd. announcement on 17 September 2021 where MTN notified the market that IHS Towers had filed its Form F-1 registration statement with the U.S. Securities and Exchange Commission (SEC), MTN shareholders are advised that IHS Towers has today commenced the marketing of its IPO of 22 500 000 ordinary shares, 18 000 000 of which are being offered by IHS Towers and 4 500 000 of which are being offered by certain selling shareholders, including MTN. The underwriters of the offering will also have a 30-day option to purchase up to an additional 3 375 000 ordinary shares, consisting of up to 2 700 000 ordinary shares from IHS Towers and up to 675 000 from the selling shareholders at the initial public offering price, less the underwriting discount. The initial public offering price range as disclosed in the preliminary prospectus is between US$21.00 and US$24.00 per share. IHS Towers has been approved to list its ordinary shares on the New York Stock Exchange under the ticker symbol “IHS”.
Shareholders can access the IHS Towers announcement at: https://www.ihstowers.com/support-and-info/media/press- releases/2021/ihs-holding-Ltd.-launches-initial-public-offering
MTN holds 29% of IHS Towers’ common equity as at 30 June 2021.
The offering will be made only by means of a prospectus. A copy of the preliminary prospectus relating to this offering, when available, may be obtained from any of the following sources:
• Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471- 2526, or via email: prospectus-ny@ny.email.gs.com;
• J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at: 1-866-803-9204, or by email at: prospectus- eg_fi@jpmchase.com; or
• Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at: 1-800-831-9146.
|
