April 1, 2019 / 6:26 AM / 4 months ago

Network International announces pricing for up to $3bln listing

LONDON, April 1 (Reuters) - Payments processor Network International on Monday said shares in its forthcoming listing would be priced at between 395 pence and 465 pence each, implying a valuation for the company of between 1.9 billion pounds and 2.3 billion pounds ($2.48 bln - $3 billion).

Dubai-based Network International is the largest payments processor in the Middle East and Africa and is set to be the first international IPO in London this year.

The stock is expected to begin trading on the London Stock Exchange on April 11.

$1 = 0.7660 pounds Reporting by Lawrence White Editing by David Holmes

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