Dubai-based payments solutions provider Network International has priced the shares in its London stock market listing between $5.18 and $6.09 each.

As a result, the company, a unit of UAE banking firm Emirates NBD, will be valued between 1.9 to 2.3 billion pounds ($2.48 to $3 billion).

Network International is expected to start trading on the London Stock Exchange on April 11.

Recently, New York-based payments and technology company Mastercard was planning to infuse $300 million in Network International's planned London float.