Airtel Uganda will list 8 billion or 20 per cent ordinary shares on Uganda Security Exchange (USE) secondary market through a public offer before the regulatory deadline of December 16.
The telco, through its parent company Airtel Africa, announced on August 9 the appointment of Absa Bank Uganda Ltd as a Lead Transaction Advisor, Crested Capital as a Lead Sponsoring Broker, Katende Ssempebwa and Company Advocates appointed Legal Advisor while consultancy firm Ernst & Young (EY) will play the role of the Reporting Accountant.