Director/PDMR Shareholding

Airtel Africa PLC

03 July 2024

 

Airtel Africa plc

("Airtel Africa", or "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 Awards	Restricted Share Awards	Deferred Bonus Awards	Total Number of shares acquired
580,474	326,786	136,161	1,043,421

2.    Jaideep Paul, Group Chief Financial Officer

Performance Share Awards	Restricted Share Awards	Deferred Bonus Awards	Total Number of 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
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	Airtel Africa plc $0.50 ordinary shares
	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 instrument, type of instrument	Airtel Africa plc $0.50 ordinary shares
	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 instrument, type of instrument	Airtel Africa plc $0.50 ordinary shares
	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
d)	Aggregated information
	- Aggregated volume	136,161
	- 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 instrument, type of instrument	Airtel Africa plc $0.50 ordinary shares
	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 instrument, type of instrument	Airtel Africa plc $0.50 ordinary shares
	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
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	Airtel Africa plc $0.50 ordinary shares
	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 [e-mail]	[phone] [phone]
Airtel Africa - Group Company Secretary Simon O'Hara	[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

 

END