Details: Man Cancels Christmas Party To Buy MTN Shares

Christmas parties are the parties everyone most looks forward to every year.

But this Nigerian is throwing all that out the window because he says he’s found something more worthwhile.

Adeleke Oladimeji, one of the guests at an MTN Investor Forum, publicly announced that he would not be throwing a Christmas party this year. He said he and his wife would instead purchase MTN shares for the family instead of using the money for a party.

In his words, “Just yesterday, I was discussing with my wife, and we have agreed that we’re not going to buy Christmas chicken this year. We’re going to use the money to buy MTN shares. Christmas party is canceled in my house this year, and we have so much confidence and faith in MTN’s board and management that we will not regret this action.”

He further thanked MTN for making the offer open to retail investors, allowing him to own a part of the company.

Following the launch of MTN’s public offer, MTN Nigeria Communications Plc launched a nationwide roadshow to engage interested retail investors in the ongoing offer by MTN Group for shares in MTN Nigeria.

MTN’s public offer, which is the first to be delivered digitally in Nigeria, is being sold at N169 per share. The offer is the first from MTN since the 2019 listing on the Nigeria Exchange Limited (NGX), and MTN will use the advantage of digital integration to ensure substantial participation from investors across Nigeria.