{"id":595232,"date":"2019-09-19T04:12:34","date_gmt":"2019-09-19T04:12:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/helios-towers-seeking-premium-listing-on-lse\/"},"modified":"2019-09-19T04:12:34","modified_gmt":"2019-09-19T04:12:34","slug":"helios-towers-seeking-premium-listing-on-lse","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/helios-towers-seeking-premium-listing-on-lse\/","title":{"rendered":"Helios Towers seeking premium listing on LSE"},"content":{"rendered":"

South African MNO Helios Towers is seeking a premium listing on the London Stock Exchange<\/b>, with the IPO expected to reel in USD 125 mn in proceeds, according to the company\u2019s ITF (pdf)<\/a>. The final share price for the telecoms firm\u2019s resurrected IPO will be determined following the bookbuilding process next month. The company said it is targeting a freefloat percentage of at least 25% and \u201cexpects\u201d it will be \u201celigible for inclusion in the FTSE UK indices.\u201d<\/p>\n

Advisors:<\/b> BofA Merrill Lynch, Jefferies International Limited, and the Standard Bank of South Africa Limited are joint global coordinators and bookrunners. EFG Hermes and Renaissance Capital will also act as joint bookrunners if the IPO goes through.<\/p>\n","protected":false},"excerpt":{"rendered":"

South African MNO Helios Towers is seeking a premium listing on the London Stock Exchange, with the IPO expected to reel in USD 125 mn in proceeds, according to the company\u2019s ITF (pdf). The final share price for the telecoms firm\u2019s resurrected IPO will be determined following the bookbuilding process next month. The company said […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[84,72,78,431,295,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595232","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-efg-hermes","tag-enterpriseam","tag-ipo-watch","tag-london-stock-exchange","tag-south-africa","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3280d962-c911-4b73-bcc8-64aa69f33d6e","is_powered_by":true,"section_story_id":"640d15ad-4c2a-4862-8b43-5701bc6ebf3d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[595215],"teaser":"","voice_url":""},"yoast_head":"\nHelios Towers seeking premium listing on LSE - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/19\/helios-towers-seeking-premium-listing-on-lse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Helios Towers seeking premium listing on LSE\" \/>\n<meta property=\"og:description\" content=\"South African MNO Helios Towers is seeking a premium listing on the London Stock Exchange, with the IPO expected to reel in USD 125 mn in proceeds, according to the company\u2019s ITF (pdf). The final share price for the telecoms firm\u2019s resurrected IPO will be determined following the bookbuilding process next month. 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The final share price for the telecom firm\u2019s IPO was set at GBP 1.15. 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