Investment · Historical investment holding company
Johnnic Holdings
Historical MTN shareholder that unbundled a 31.9% MTN Group interest to its shareholders in 2003.
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Johnnic Holdings was a significant shareholder in MTN Group during the group’s early listed history. [1]
History
Johnnic held 36.1% in the group structure presented for the 2003 reporting year. [1]
It subsequently unbundled a 31.9% MTN Group interest to Johnnic shareholders. This widened direct ownership of MTN shares. [1]
Frequently asked questions
Did Johnnic operate the MTN network?
No. It was a shareholder in the listed group, while operating subsidiaries ran the networks. [1]
What happened to Johnnic’s MTN stake?
Johnnic unbundled a 31.9% interest to its shareholders in 2003. [1]
Does the 31.9% figure describe current ownership?
No. It describes the interest unbundled in 2003. [1]
Key milestones
Johnnic unbundled a 31.9% MTN Group interest. [1]
Related articles
Related institutions
Sources
- MTN Group, Sustainability Report 2003, 2003-03-31. Original source. Accessed 2026-10-27. ↩