Last checked at 24 Dec 2020 07:00
London and Lagos, 24 December 2020
Airtel Africa plc
("Airtel Africa", or the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs')
On 11 December 2020, the Company paid a final dividend of $1.5 cents per ordinary share to all registered shareholders as at 13 November 2020.
The Company has been notified that on 22 December 2020, the Trustees of the Company's Long-Term Incentive Plan (the "Plan") purchased ordinary shares in the market to be held under the Plan as Dividend Shares. Details of the number of Dividend Shares issued to persons discharging managerial responsibilities ("PDMRs") are shown below:
Name | Position | Number of Dividend Shares acquired | Market Purchased Price per share | Total number of Shares held on 22 December 2020, including Dividend Shares |
Raghunath Mandava | Chief executive officer | 7369 | £0.754 | 499089 |
This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Raghunath Mandava | ||||
2. | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification /Amendment | Initial notification | ||||
3.
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Airtel Africa plc | ||||
b) | LEI | 254900ZNZDQL6OWQH623 | ||||
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| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of US$0.50 each
ISIN: GB00BKDRYJ47 | ||||
b)
| Nature of the transaction
| Issue of dividend shares purchased by the Trustees of the Company's Long-Term Incentive Plan | ||||
c)
| Price(s) and volume(s)
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d) | Aggregated information - Aggregated volume - Price |
7369 shares £5,556.22 | ||||
e) | Date of the transaction | 22 December 2020 | ||||
f) | Place of the transaction | London Stock Exchange | ||||
Enquiries:
Airtel Africa - Corporate Governance Simon O'Hara simon.ohara@africa.airtel.com | +44 207 493 9315 |
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Hudson Sandler Nick Lyon Bertie Berger airtelafrica@hudsonsandler.com | +44 207 796 4133 |
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About Airtel Africa
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.
The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.
www.airtel.africa