MTN Nigeria Communications Plc (MTN Nigeria) is pleased to announce that the public offer to retail investors for the sale of up to 575 million shares held in MTN Nigeria by MTN Group will be priced at N169.00 per share (the Offer).

The Offer will open at 8:00am on 1 December 2021 and close at 5:00 pm on 14 December 2021.

The minimum subscription is for 20 shares and lots of 20 shares thereafter.

The Offer includes an incentive in the form of 1 free share for every 20 shares purchased, subject to a maximum of 250 free shares per investor.

The incentive is open to retail investors who buy and hold the shares allotted to them for at least 12 months, post the allotment date