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