MTN Recognized for Excellent Investor Relations at First Intellidex Awards
MTN Group has been recognized as having one of the best investor relations teams in South Africa, winning three awards in the inaugural Intellidex Top Investor Relations SA Survey Awards.
Investment analysts and portfolio managers surveyed for the awards ranked MTN Group first in the industrials sector, third among large-cap stocks listed on the JSE, as well as third overall.
“MTN Group is honored to have received this recognition, which demonstrates our commitment to transparent communication with our stakeholders, in this case the investment community,” said the group’s chief financial officer, Tsholo Molefe. “We are working to keep capital markets informed of our progress as we execute our Ambition 2025 strategy, which is centered on accelerated growth, faster deleveraging and unlocking value in its financial and platforms”.
Respondents shared their views on the quality of investor relations among JSE-listed companies and were asked to rank the top five and worst companies among those they cover. They were also asked to rank these companies on a number of factors, including quality of engagement with senior management, annual reports, notes to financial accounts, presentations, results and brochures.
“We are humbled by the recognition and grateful to our investors, analysts and other stakeholders who engage MTN,” sAssists MTN Group Director for Investor Relations Thato Motlanthe. “This feedback is invaluable in driving our investor relations program and our journey of progress. It is also important to recognize the hard work of the MTN Investor Relations team, the collaboration of the various teams within of the group as well as the guidance and support of management and the board, all of which are essential to enriching MTN’s investor relations efforts.”
The introduction of this survey should improve the engagement of listed companies with the investment community, which will ultimately encourage better communication.