MTN Nigeria kicked off the roadshow activities in Kano State shortly after the announcement of the sale of up to 575 million naira shares to Nigerians. The event was held at Amani Event Centre ,GRA, Kano State.
The roadshow was held to engage interested retail investors and Nigerians in Kano State on the recently announced offer by MTN Group and to explain in detail how to subscribe to the offer, the benefits of the offer, the digital subscription process, the incentives with the offer as well as highlight MTN’s strengths as an organisation, its governance potential and the quality of the management team.
Speaking at the Kano roadshow, Karl Toriola, Chief Executive Officer, MTN Nigeria, said, the reason behind the public offer was to bring in as many Nigerians as possible to become part of the owners of the company.
In his words, “We are going public for one reason, we want every Nigerian to have a share in the wealth creation that MTN is going to take us through in the coming years.
“We want as many people as possible to hold shares however little you can afford.”
In his comment, the President of the Association for the Advancement of the Rights of Nigerian Shareholders, Dr. Farouk Umar implored the people of the state to come off the back seats and invest in shares, saying that buying shares is more beneficial than buying land and property.
