Last checked at 28 Jun 2022 18:06
28 June 2022
RESULT OF AGM
RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING
Airtel Africa plc
(the "Company")
The Company announces that at its Annual General Meeting (AGM) held on Tuesday 28th June 2022 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the resolutions set out in the Notice of AGM were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:
Resolution*
*denotes a special resolution | For (no. of shares) | For (%) | Against (no. of shares) | Against (%) | Votes Withheld (No. of shares) | Total issued share capital instructed (%) |
1. To receive the accounts and the reports of the directors and the auditor for the year ended 31 March 2022 | 3,418,631,062 | 100.00% | 27,775 | 0.00% | 52,993,803 | 90.97% |
2. To approve the directors' remuneration report | 3,381,623,020 | 99.08% | 31,297,216 | 0.92% | 58,732,404 | 90.81% |
3. To approve the directors' remuneration policy | 3,241,503,962 | 94.98% | 171,412,682 | 5.02% | 58,735,995 | 90.81% |
4. To declare a final dividend for the year ended 31 March 2022 of US$0.03 for each ordinary share | 3,419,257,110 | 100.00% | 19,113 | 0.00% | 52,376,417 | 90.98% |
5. To re-elect Sunil Bharti Mittal as a director | 3,348,113,735 | 98.10% | 64,811,819 | 1.90% | 58,727,086 | 90.81% |
6. To elect Olusegun Ogunsanya as a director | 3,416,846,724 | 99.93% | 2,415,074 | 0.07% | 52,390,842 | 90.98% |
7. To re-elect Jaideep Paul as a director | 3,412,556,062 | 99.80% | 6,705,386 | 0.20% | 52,391,192 | 90.98% |
8. To re-elect Andrew Green as a director | 3,399,855,874 | 99.43% | 19,416,734 | 0.57% | 52,380,032 | 90.98% |
9. To re-elect Awuneba Ajumogobia as a director | 3,415,335,643 | 99.89% | 3,916,775 | 0.11% | 52,400,222 | 90.98% |
10. To re-elect Douglas Baillie as a director | 3,404,515,845 | 99.57% | 14,736,242 | 0.43% | 52,400,553 | 90.98% |
11. To re-elect John Danilovich as a director | 3,415,587,962 | 99.89% | 3,663,775 | 0.11% | 52,400,903 | 90.98% |
12. To elect Tsega Gebreyes as a director | 3,417,646,360 | 99.95% | 1,605,815 | 0.05% | 52,400,465 | 90.98% |
13. To re-elect Annika Poutiainen as a director | 3,415,826,481 | 99.90% | 3,426,044 | 0.10% | 52,400,115 | 90.98% |
14. To re-elect Ravi Rajagopal as a director | 3,408,890,747 | 99.70% | 10,361,778 | 0.30% | 52,400,115 | 90.98% |
15. To re-elect Kelly Bayer Rosmarin as a director | 3,414,757,724 | 99.87% | 4,494,363 | 0.13% | 52,400,553 | 90.98% |
16. To re-elect Akhil Gupta as a director | 3,414,757,812 | 99.87% | 4,494,606 | 0.13% | 52,400,222 | 90.98% |
17. To re-elect Shravin Bharti Mittal as a director | 3,414,584,255 | 99.86% | 4,675,193 | 0.14% | 52,393,192 | 90.98% |
18. To reappoint Deloitte LLP as auditor of the Company | 3,418,902,834 | 99.99% | 371,675 | 0.01% | 52,378,131 | 90.98% |
19. To authorise the audit and risk committee of the Board to determine the remuneration of the auditor | 3,418,900,732 | 99.99% | 361,476 | 0.01% | 52,390,432 | 90.98% |
20. To authorise the Company to make political donations and incur political expenditure | 3,280,423,475 | 99.88% | 4,104,881 | 0.12% | 187,124,284 | 87.40% |
21. To authorise the directors to allot ordinary shares | 3,416,180,710 | 99.91% | 3,089,066 | 0.09% | 52,382,864 | 90.98% |
22. To disapply statutory pre-emption rights* | 3,417,978,315 | 99.96% | 1,282,893 | 0.04% | 52,391,432 | 90.98% |
23. To authorise the Company to make market purchases of its own shares* | 3,416,373,479 | 99.92% | 2,800,828 | 0.08% | 52,478,333 | 90.98% |
24. To authorise the directors to hold general meetings on not less than 14 clear days' notice* | 3,402,225,804 | 99.50% | 17,045,159 | 0.50% | 52,381,677 | 90.98% |
Notes:
1. Resolutions 8 to 14 concern the re-election of the independent non-executive directors of the Company. In accordance with the UK Listing Rules, the result of the votes of independent shareholders (that is, excluding controlling shareholders) is as set out above, save that the percentage of issued share capital instructed is 79.50%
2. As at the date of the AGM, the number of issued ordinary shares of the Company was 3,758,151,504 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.
3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.
4. A copy of resolutions 20 and 24 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Investor area of Company's website at airtel.africa
Enquiries
Airtel Africa plc
Simon O'Hara +44 20 7493 9315