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Share Price: 118.60

Bid: 118.90

Ask: 119.10

Change: 2.70 (2.33%)

Spread: 0.20 (0.168%)

Open: 116.40

High: 119.10

Low: 115.70

Prev. Close: 115.90

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Airtel Africa tumbles after share placing

Wed, 14th Apr 2021 07:54

(Sharecast News) - Airtel Africa shares tumbled on Wednesday after an unnamed institutional seller sold a 1.3% stake in the telecommunications company.
The seller placed 50m shares of Airtel at 75p each. The placing was conducted through an accelerated bookbuild and is expected to settle on 16 April.

JP Morgan Securities acted as sole bookrunner.

At 0940 BST, the shares were down 11.3% at 75.25p.

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Airtel Africa Share News (AAF)

Share Price Information for Airtel Africa (AAF)

Airtel Africa tumbles after share placing

Airtel Africa completes minority stake buy back in Nigerian subsidiary

Airtel Africa closes new funding round in Airtel Money arm

Airtel Africa gains central bank approval to be super agent in Nigeria

Airtel Africa subsidiary receives approval to operate as a super agent

LONDON BROKER RATINGS: Upgrades for Royal Dutch Shell, BT and Petrofac

LONDON MARKET CLOSE: Stocks bolstered by solid US jobs report

IN BRIEF: Airtel Africa wins approval to run Nigerian banking business

Airtel Africa gets approval in principle to operate service bank in Nigeria

UK dividends calendar - next 7 days

Airtel Africa completes Madagascar unit sale to Helios Towers

Airtel Africa sells batch of towers in Madagascar to Helios

LONDON MARKET CLOSE: Weak Shell results hit FTSE; Apple earnings ahead

IN BRIEF: Airtel Africa hikes payout on doubled interim profit

Airtel Africa H1 profit, revenues grow

UK earnings, trading statements calendar - next 7 days

Latest Share Chat

Airtel Africa Share News (AAF)

Share Price Information for Airtel Africa (AAF)

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