Celtel Zambia shares to begin trading on 11 June

3 Jun 2008

Shares of Celtel Zambia are set to start trading next week. The IPO, which closed on 20 May, was the country’s largest ever, and officials say it was oversubscribed. 20% of Celtel Zambia was offered to the public and investors through appointed agents. The price for shares was ZMK640 (USD0.19). The stock will start trading on 11 June on the LuSE (Lusaka Stock Exchange).

Zambia, Airtel Zambia