Holding(s) in Company

Airtel Africa PLC
17 December 2024
 

Airtel Africa plc (the "Company") - Notification of Major Interests in Shares    

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BKDRYJ47

Issuer Name

AIRTEL AFRICA PLC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Bharti Airtel Limited

City of registered office (if applicable)

Gurugram

Country of registered office (if applicable)

India

4. Details of the shareholder

Name

City of registered office

Country of registered office

Airtel Africa Mauritius Limited

Mauritius

Mauritius

5. Date on which the threshold was crossed or reached

29-Oct-2024

6. Date on which Issuer notified

10-Dec-2024

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

57.059585

0.000000

57.059585

2105108805

Position of previous notification (if applicable)





8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BKDRYJ47

0

2105108805

0.000000

57.059585

Sub Total 8.A

2105108805

57.059585%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 





Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 






Sub Total 8.B2




9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Bharti Enterprises (Holding) Private Limited

Bharti Airtel Limited

0.000000

0.000000

0.000000%

Bharti Enterprises (Holding) Private Limited

Network i2i Limited

0.000000

0.000000

0.000000%

Bharti Enterprises (Holding) Private Limited

Airtel Africa Mauritius Limited

57.059585

0.000000

57.059585%

10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

Bharti Airtel Limited holds 100% voting rights in Network i2i Limited, which in turn holds 100% voting rights in Airtel Africa Mauritius Limited, a major shareholder of Airtel Africa plc.

This disclosure under DTR 5 is being given pursuant to change in the total outstanding share capital of Airtel Africa plc and consequent increase in the voting rights of Airtel Africa Mauritius Limited (from 56.02% to 57.06%) on account of purchase of its own shares by Airtel Africa plc under share buy-back programme which commenced on March 01, 2024 and concluded on October 29, 2024. We wish to submit that there is no fresh acquisition made by Bharti Airtel Group in Airtel Africa plc.

The shareholding percentages in this notice are calculated on the basis of 3,689,316,704 ordinary shares of Airtel Africa plc. In this notification, figures are rounded to the nearest 2 decimal places. Any discrepancies in aggregated figures are due to rounding.

12. Date of Completion

16-Dec-2024

13. Place Of Completion

New Delhi, India

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