Director/PDMR Shareholding

RNS Number : 9834D

Airtel Africa PLC

02 November 2020

 

Airtel Africa plc

("Airtel Africa", or the "Company")

Director/PDMR Shareholding

London and Lagos, 2 November 2020

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the 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
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 instrument, type of instrument	Ordinary shares of $0.50 each
	Identification code	ISIN: GB00BKDRYJ47
b)	Nature of the transaction	Grant of performance and restricted share awards under the Airtel Africa plc Long Term Incentive Plan
c)	Price(s) and volume(s)		Price(s) Volume(s) Performance shares £ 0.64 975,904 Restricted shares £ 0.64 433,735 TOTAL 1,409,639
d)	Aggregated information
	- Aggregated volume	1,409,639
	- Aggregated Price - Aggregated Total	£ 0.64  £ 902,169
e)	Date of the transaction	30 October 2020
f)	Place of the transaction	London - outside a trading venue

-ENDS-

Enquiries :

Airtel Africa - Corporate Governance Simon O'Hara simon.ohara @africa.airtel.com	[phone]
Hudson Sandler Nick Lyon Bertie Berger [e-mail]	[phone]

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

 

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