Seplat shares up after IPO debutComment on this story
Lagos - Nigerian oil and gas firm Seplat listed its shares on the Lagos bourse on Monday, with the shares bid at 604.8 naira ($3.76) each, up from its offer price of 576 naira, after its debut $500 million IPO last week, broker said.
Seplat shares also started unconditional trading in London on Monday.
They rose almost 1 percent to 2.21 pounds ($3.70).
Dealers said the IPO subscription was split equally between domestic pension funds and fund managers from mainly Britain and the United States. - Reuters