{"version":"1","article":{"id":"nigeria-airtel-money-ipo-offer-price-october-2026","slug":"nigeria-airtel-money-ipo-offer-price-october-2026","language":"en","url":"https://haberpaper.com/en/news/nigeria-airtel-money-ipo-offer-price-october-2026","api_url":"https://haberpaper.com/api/v1/articles/nigeria-airtel-money-ipo-offer-price-october-2026?lang=en","title":"Airtel Money sets IPO price at £1.96 a share","summary":"Airtel Money priced its planned London listing at £1.96 per share, implying an estimated market value of about £5.3 billion.","category":"business","region":"world","topics":[],"published_at":"2026-10-06T17:58:54+03:00","modified_at":"2026-10-06T17:58:54+03:00","publication_basis":"publication-record","event_period":"2026-10-01","event_period_basis":"event-or-reference-period","sources":[{"name":"Nigerian Exchange Limited","url":"https://doclib.ngxgroup.com/Financial_NewsDocs/48014_AIRTEL_AFRICA_PLC-AIRTEL_MONEY_ANNOUNCEMENT_OF_OFFER_PRICE_CORPORATE_ACTIONS_OCTOBER_2026.pdf","publishedAt":"2026-10-01","checkedAt":"2026-10-06"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/nigeria-airtel-money-ipo-offer-price-october-2026","api_url":"https://haberpaper.com/api/v1/articles/nigeria-airtel-money-ipo-offer-price-october-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/nigeria-airtel-money-ipo-offer-price-october-2026","api_url":"https://haberpaper.com/api/v1/articles/nigeria-airtel-money-ipo-offer-price-october-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/nigeria-airtel-money-ipo-offer-price-october-2026","api_url":"https://haberpaper.com/api/v1/articles/nigeria-airtel-money-ipo-offer-price-october-2026?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/nigeria-airtel-money-ipo-offer-price-october-2026","api_url":"https://haberpaper.com/api/v1/articles/nigeria-airtel-money-ipo-offer-price-october-2026?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/nigeria-airtel-money-ipo-offer-price-october-2026","api_url":"https://haberpaper.com/api/v1/articles/nigeria-airtel-money-ipo-offer-price-october-2026?lang=es"}],"data_types":[],"data":null,"data_compilations":[],"data_downloads":[],"content":{"paragraphs":["Airtel Mobile Commerce, known as Airtel Money, set a price of £1.96 per share for its planned initial public offering, according to an October 1 filing to the Nigerian Exchange. At that price, the company estimated a market capitalisation of about £5.3 billion, or approximately $7.0 billion, upon admission to trading in London. Admission was expected on October 14, although the company said the timetable was not guaranteed.","Existing shareholders are expected to sell 270 million shares, with an over-allotment option for up to another 27 million. Airtel Africa is not expected to sell shares except under that option and said it intends to remain a long-term strategic shareholder. The expected public float is about 16.5% without the option and 17.5% if it is fully exercised. These are offer terms and estimates in the filing, not a completed listing result."],"key_points":[],"sections":[]},"text":"Airtel Money priced its planned London listing at £1.96 per share, implying an estimated market value of about £5.3 billion.\n\nAirtel Mobile Commerce, known as Airtel Money, set a price of £1.96 per share for its planned initial public offering, according to an October 1 filing to the Nigerian Exchange. At that price, the company estimated a market capitalisation of about £5.3 billion, or approximately $7.0 billion, upon admission to trading in London. Admission was expected on October 14, although the company said the timetable was not guaranteed.\n\nExisting shareholders are expected to sell 270 million shares, with an over-allotment option for up to another 27 million. Airtel Africa is not expected to sell shares except under that option and said it intends to remain a long-term strategic shareholder. The expected public float is about 16.5% without the option and 17.5% if it is fully exercised. These are offer terms and estimates in the filing, not a completed listing result.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"}}}