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IN BRIEF: Bharti family buys 8 million Airtel Africa shares last month

Mon, 02nd Dec 2024 12:33

Airtel Africa PLC - telecommunications and mobile money services provider in 14 countries in Africa - Shravin Bharti Mittal buys 1.2 million shares via Indian Continent Investment Ltd at GBP0.99, worth GBP1.2 million, on Monday and Tuesday last week. Airtel is majority-owned by Bharti Airtel PLC, an Indian multinational firm and subsidiary of Bharti Global PLC. Bharti Global is the investment arm of the Bharti family and also owns Mauritius-based private equity firm Indian Continent. Mittal is Bharti Global's managing director. The latest purchases bring Indian Continent's total share purchases last month to above 8 million.

Current stock price: 105.80p, up 0.3% in London on Monday

12-month change: down 3.4%

By Tom Waite, Alliance News editor

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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