Notification of major holdings

Airtel Africa PLC

15 March 2024

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BKDRYJ47

Issuer Name

AIRTEL AFRICA PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Temasek Holdings (Private) Limited

City of registered office (if applicable)

Singapore

Country of registered office (if applicable)

Singapore

4. Details of the shareholder

Name	City of registered office	Country of registered office
Singapore Telecom International Pte Ltd	Singapore	Singapore

5. Date on which the threshold was crossed or reached

06-Nov-2023

6. Date on which Issuer notified

14-Mar-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	2.517000	0.000000	2.517000	94593705
Position of previous notification (if applicable)	3.940000	0.000000	3.940000

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	94593705	0.000000	2.517000
Sub Total 8.A	94593705		2.517000%

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
Temasek Holdings (Private) Limited	Singapore Telecommunications Limited *
Singapore Telecommunications Limited	Singapore Telecom International Pte Ltd

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

* For the purposes of DTR 5.8.3, Singapore Telecommunications Limited reported the disposal of voting rights which triggered this notification to Temasek on 13 March 2024.

Temasek has an aggregate interest (direct and indirect) of more than 50% of the voting shares of Singapore Telecommunications Limited. In turn, Singapore Telecommunications Limited holds 100% of the voting shares of Singapore Telecom International Pte Ltd.

The shareholding percentages in this notice are calculated on the basis of 3,758,151,504 issued ordinary shares in the capital of Airtel, as disclosed in the issuer's latest annual report published on 9 June 2023. 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

14 March 2024

13. Place Of Completion

Singapore

 

END