With three days left to the closure of the Airtel IPO, the telco has today announced that it is sweetening it is further sweetening its incentivisation structure, a move, the company says is to encourage more local participation. “In order to encourage participation in the IPO and promote allocation to Ugandan investors, the Board of Directors has proposed a substantial enhancement of the incentive structure,” the company said in today’s public statement. Under the revised structure, retail investors applying for between 2,500 and 18.5 million shares, who were under the old bonus scheme supposed to get 5 Incentive Shares…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
