IHS Holding Limited declares price of initial public offering

NEW YORK / KUALA LUMPUR (October 14): IHS Holding Limited (IHS Towers), one of the world’s largest independent owners, operators and developers of shared telecommunications infrastructure, announced the price of its initial public offering of 18 000,000 common shares being offered by IHS Towers, at a public offering price of US $ 21 per share. (US $ 1 = RM4,150)

The underwriters of the offer will also have a 30-day option to purchase up to 2,700,000 additional common shares of IHS Towers at the initial public offering price, less the bought deal discount.

The common stock is expected to begin trading on the New York Stock Exchange on Oct. 14 under the symbol “IHS”, according to a statement.

The offer is expected to close on October 18, subject to the satisfaction of customary closing conditions.

Goldman Sachs & Co LLC, JP Morgan Securities LLC and Citigroup Global Markets Inc are acting as co-book managers for the offering. RBC Capital Markets LLC, Barclays Capital Inc and Absa Bank Limited are acting as co-book managers for the offering.

The offer is being made only by means of a prospectus.

A registration statement on Form F-1 relating to these securities has been filed with and declared effective by the United States Securities and Exchange Commission.

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