Lagos – MTN Group announced that it has been recognized in two prestigious awards surveys for its ongoing efforts to engage capital market stakeholders.
Its integrated annual report was again recognized in the excellence category of the EY Excellence in Integrated Reporting Awards 2024, ranking MTN among the top 24 JSE-listed companies. The survey evaluates the quality of integrated reports and how companies communicate their path to value creation to investors and other stakeholders.
In addition, MTN ranked first in eight categories in the Telecommunications, Media, and Technology (TMT) category in the Extel Developed Europe and EMEA Executive Team Awards 2024, a survey of leading investment professionals worldwide.
The awards recognize the best-regarded investor relations (IR) and leadership teams and are based on more than 20 qualitative performance indicators derived from a survey of leading capital market participants. Extel (formerly Institutional Investor Research) surveyed over 2,000 buy-side and sell-side professionals, nominating over 2,700 from over 1,300 companies.
In the region (Europe, Middle East, and Africa – EMEA), around 500 IR professionals and senior executives from over 330 companies were interviewed by over 400 investment professionals.
Votes in emerging EMEA increased by a quarter year-on-year, highlighting the growing interest in independent feedback on corporate activities and capital markets engagement.
MTN was ranked #1 by shareholders/investors in all 8 TMT categories in EMEA and #2 on an overall basis including sell-side.
The categories are: Best CEO. Best CFO. Best IR Expert; Best IR Team; Best IR Program; Best ESG Program; Best Investor/Analyst Day and Best Corporate Board Meeting. One of MTN’s strategic priorities is “Creating Shared Value”. The key to this is engaging with stakeholders, including the investment community.
We appreciate the recognition of MTN’s efforts to engage transparently and consistently with capital market stakeholders.
Kudos to our IR team for leading our efforts with capital markets and continually raising the bar for an industry where standards are high and improving every year.
