AIRTEL AFRICA PLC

53-54 Grosvenor Street, London, W1K 3HU

United Kingdom

Airtel Africa plc

('Airtel Africa', or the 'Group')

Director/PDMR Shareholdings

London and Lagos, 3 July 2024: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that on 28 June 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") received ordinary shares of USD 0.50 each under The Airtel Africa Long-Term Incentive Plan.

Vesting of Awards under The Airtel Africa Long-Term Incentive Plan.

1.

Olusegun Ogunsanya (vesting prior to his resignation as Chief Executive Officer at Airtel

Africa on the 30 June 2024)

Performance Share

Restricted Share

Deferred Bonus

Total Number of

Awards

Awards

Awards

shares acquired

580,474

326,786

136,161

1,043,421

2.

Jaideep Paul, Group Chief Financial Officer

Performance Share

Restricted Share

Deferred Bonus

Total Number of

Awards

Awards

Awards

shares acquired

308,212

182,188

134,954

625,354

Details of the transaction as required by the UK Market Abuse Regulation can be found below.

1

Details of the person discharging managerial responsibilities / person closely

associated

a)

Name

Olusegun Ogunsanya

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

Registered Office: 53-54 Grosvenor Street, London, W1K 3HU, United Kingdom Registered in England and Wales | Company Number: 11462215 | Telephone: +44 207 493 9315

4 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

Airtel Africa plc $0.50 ordinary shares

instrument, type of instrument

Identification code

ISIN: GB00BKDRYJ47

b)

Nature of the transaction

Vesting of Performance Share Awards under The Airtel

Africa Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

580,474

d)

Aggregated information

- Aggregated volume

580,474

- Aggregated Price

Nil

e)

Date of the transaction

28 June 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely

associated

a)

Name

Olusegun Ogunsanya

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

4

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

Airtel Africa plc $0.50 ordinary shares

instrument, type of instrument

Identification code

ISIN: GB00BKDRYJ47

b)

Nature of the transaction

Vesting of Restricted Share Awards under The Airtel

Africa Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

326,786

d)

Aggregated information

- Aggregated volume

326,786

- Aggregated Price

Nil

e)

Date of the transaction

28 June 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely

associated

a)

Name

Olusegun Ogunsanya

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

4

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

Airtel Africa plc $0.50 ordinary shares

instrument, type of instrument

Identification code

ISIN: GB00BKDRYJ47

b)

Nature of the transaction

Vesting of Deferred Bonus Awards under The Airtel

Africa Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

136,161

  1. Aggregated information

- Aggregated volume

136,161

- Aggregated Price

Nil

Registered Office: 53-54 Grosvenor Street, London, W1K 3HU, United Kingdom Registered in England and Wales | Company Number: 11462215 | Telephone: +44 207 493 9315

e)

Date of the transaction

28 June 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely

associated

a)

Name

Jaideep Kishore Paul

2

Reason for the notification

a)

Position/status

Chief Financial 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

4

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

Airtel Africa plc $0.50 ordinary shares

instrument, type of instrument

Identification code

ISIN: GB00BKDRYJ47

b)

Nature of the transaction

Vesting of Performance Share Awards under The Airtel

Africa Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

308,212

d)

Aggregated information

- Aggregated volume

308,212

- Aggregated Price

Nil

e)

Date of the transaction

28 June 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jaideep Kishore Paul

2

Reason for the notification

a)

Position/status

Chief Financial 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

4

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

Airtel Africa plc $0.50 ordinary shares

instrument, type of instrument

Identification code

ISIN: GB00BKDRYJ47

b)

Nature of the transaction

Vesting of Restricted Share Awards under The Airtel

Africa Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

182,188

d)

Aggregated information

- Aggregated volume

182,188

- Aggregated Price

Nil

e)

Date of the transaction

28 June 2024

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely

associated

a)

Name

Jaideep Kishore Paul

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform,

auctioneer or auction monitor

Registered Office: 53-54 Grosvenor Street, London, W1K 3HU, United Kingdom Registered in England and Wales | Company Number: 11462215 | Telephone: +44 207 493 9315

a)

Name

Airtel Africa plc

b)

LEI

254900ZNZDQL6OWQH623

4

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

Airtel Africa plc $0.50 ordinary shares

instrument, type of instrument

Identification code

ISIN: GB00BKDRYJ47

b)

Nature of the transaction

Vesting of Deferred Bonus Awards under The Airtel

Africa Long-Term Incentive Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

134,954

d)

Aggregated information

- Aggregated volume

134,954

- Aggregated Price

Nil

e)

Date of the transaction

28 June 2024

f)

Place of the transaction

Outside a trading venue

-ENDS-

Enquiries

Airtel Africa - Investor Relations

Alastair Jones

+44 7464 830 011

Investor.relations@africa.airtel.com

+44 207 493 9315

Airtel Africa - Group Company Secretary

Simon O'Hara

+44 207 493 9315

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

Approved for release in Nigeria.

Simon O'Hara

Group Company Secretary

Registered Office: 53-54 Grosvenor Street, London, W1K 3HU, United Kingdom Registered in England and Wales | Company Number: 11462215 | Telephone: +44 207 493 9315

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Airtel Africa plc published this content on 03 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 July 2024 10:00:06 UTC.