The Meridian Watchlist tracks the dated milestones that will change the record: listings, hearings, approvals and disclosures that Meridian is waiting on. Each item links to the underlying story and transaction file, and each will be updated when the milestone passes.
9 and 14 October: Airtel Money in London
Conditional dealings in Airtel Money shares are due to begin on 9 October, with admission to the Main Market and unconditional dealings expected on 14 October at 8.00am London time. The offer was priced at £1.96 a share, valuing the business at about £5.3 billion. What to look for: the first traded price against the offer price, stabilisation activity and the exercise of the 27 million share over-allotment option, and confirmation of which side A&O Shearman and Herbert Smith Freehills Kramer acted for. Read the pricing story.
14 October: the Lamu refinery land claim at Malindi
The Environment and Land Court at Malindi will hear the application by 133 Chandavai residents on 14 October. Until then, the status quo order on Land Reference No. 13061 stands. What to look for: the respondents’ account of how the land was acquired, whether compensation was paid, and whether the court extends, varies or lifts the order. Read the court story.
By the end of October: MNT-Halan on the Egyptian Exchange
MNT-Halan expects trading in MNT Tech Holding to begin before the end of October, subject to approvals and market conditions. The EGX listing committee had already granted the company a temporary main-board listing in September, with a deadline of mid-March 2027 to complete the offering. What to look for: the price range, the institutional and retail split, and final demand. Read the deal story.
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Pending: Quickmart’s Information Memorandum
Quickmart’s offer for sale on the Nairobi Securities Exchange was targeted to launch on or around 30 September, subject to Capital Markets Authority and NSE approval. At the time of writing, Meridian has not seen a published Information Memorandum or price. What to look for: the price, offer dates, legal advisers and the lock-up on Sokoni Retail Kenya’s retained stake. Read the deal story.
15 and 16 October: the N98.5bn cash-management patent trial
The Federal High Court in Lagos has set 15 and 16 October for trial of the patent claim brought by Enterprise Logistics Special Ltd and its managing director against the Central Bank of Nigeria, NIBSS, Avanage and the Registrar of Patents, unless the parties settle as Justice Deinde Dipeolu urged in July. Tayo Oyetibo SAN leads for the plaintiffs. What to look for: whether the trial opens, any settlement, and the defendants’ first filed positions. Read the record and Africa IP Intelligence.
Also on the calendar
Meridian’s first webinar, Who Really Moved the Market? West Africa’s Deal Landscape, 2024 to 2026, takes place on 19 November at 1.00pm WAT. Conferences and forums are listed in the events calendar. Every African listing on the record is tracked in the Africa Listings Tracker.
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