From the monthly archives:
March 2010
Nation Media Group Results:
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NIC Uganda IPO Allocation Results – 31.97% Oversubscribed
ALLOTMENT CRITERIA
“In the allotment of NIC shares to the public, 90% of the Offer was allotted to Individual Applicants, while 10% of the Offer was allotted to Corporate Applicants.
ALL Individuals who applied for up to UGX 90,000,000 (2,000,000 shares) were allotted in full. Thereafter, each Individual applicant of Ugandan Citizenship who applied for over UGX 90,000,000 in shares was downscaled and allotted UGX 95,265,000 (2,116,000 shares). Each Individual applicant of Foreign Citizenship who applied for over UGX 90,000,000 in shares was downscaled and allotted UGX 90,000,000 (2,000,000 shares).
Corporates who applied for up to UGX 36,360,000 (808,000 shares) were allotted in full. Thereafter, each Corporate who applied for over UGX 36,360,000 in shares was downscaled and allotted UGX 58,500,000 (1,300,000 shares).”
The shares start trading on Thursday, 25th March 2010.
Full Details available here from MBEA Uganda.
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