Home » News » IPO: IHS Holding launches its IPO in New York, Company news

IPO: IHS Holding launches its IPO in New York, Company news

PARIS (Agefi-Dow Jones) – Telecom infrastructure company IHS Holding, also known as IHS Towers, on Monday announced the launch of its IPO on the New York Stock Exchange in an indicative price range of between $ 21 and $ 24 per action.

The offer is for 22.5 million common shares, including 18 million shares offered by IHS Towers and 4.5 million shares by certain selling shareholders, the company said in a statement.

The banks in charge of the transaction will have an option for 30 days allowing them to acquire an additional 2.7 million ordinary shares, ceded by IHS Towers, and 675,000 ordinary shares sold by its shareholders, at the offer price. initial public, added IHS Towers.

The timetable for the offer and the date of the IPO have not been communicated.

The investment company Wendel, which owns 21.4% of the capital of IHS Holding, said in a separate press release that it would not sell shares in the context of this IPO.

-Alice Doré, Agefi-Dow Jones; +33 (0)1 41 27 47 90; [email protected] ed: VLV

COMPANY FINANCIAL RELEASES:

https://www.ihstowers.com/support-and-info/media/press-releases

Agefi-Dow Jones The financial newswire

Dow Jones Newswires

October 04, 2021 07:44 ET (11:44 GMT)

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