Result of AGM

Airtel Africa PLC
03 July 2024
 

 

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Airtel Africa plc

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

 

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM)

 

The Directors of Airtel Africa plc are pleased to announce that at its Annual General Meeting held on Wedneday 3 July 2024 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the proposed resolutions as set out in the Notice of Annual General Meeting were passed on a poll of votes. The results of the poll for each resolution were as follows:

 

RESOLUTION

DESCRIPTION

VOTES

FOR

%

FOR

VOTES

AGAINST

%

AGAINST

VOTES

TOTAL

% of ISC

VOTED

VOTES

WITHHELD

RESOLUTION 01

ACCOUNTS AND REPORTS    

3,394,483,046

100.00%

26,067

0.00%

3,394,509,113

90.84%

1,049,924

RESOLUTION 02

REMUNERATION REPORT     

3,038,332,811

93.18%

222,412,772

6.82%

3,260,745,583

87.26%

134,813,454

RESOLUTION 03

FINAL DIVIDEND          

3,395,529,729

100.00%

15,322

0.00%

3,395,545,051

90.87%

13,986

RESOLUTION 04

RE-ELECT SUNIL B. MITTAL 

3,183,806,695

93.76%

211,727,568

6.24%

3,395,534,263

90.87%

24,774

RESOLUTION 05

ELECT S.  TALDAR

3,381,977,917

99.60%

13,556,346

0.40%

3,395,534,263

90.87%

24,774

RESOLUTION 06

RE-ELECT J. PAUL        

3,381,905,162

99.60%

13,629,101

0.40%

3,395,534,263

90.87%

24,774

RESOLUTION 07

RE-ELECT A. GREEN       

3,338,115,086

98.31%

57,419,177

1.69%

3,395,534,263

90.87%

24,774

RESOLUTION 08

ELECT P.ARKWRIGHT

3,394,985,002

99.98%

549,261

0.02%

3,395,534,263

90.87%

24,774

RESOLUTION 09

RE-ELECT A.AJUMOGOBIA  

3,365,973,786

99.13%

29,560,477

0.87%

3,395,534,263

90.87%

24,774

RESOLUTION 10

RE-ELECT T.GEBREYES

3,329,319,053

98.05%

66,215,210

1.95%

3,395,534,263

90.87%

24,774

RESOLUTION 11

RE-ELECT A. POUTIAINEN  

3,384,897,232

99.69%

10,637,031

0.31%

3,395,534,263

90.87%

24,774

RESOLUTION 12

RE-ELECT R. RAJAGOPAL   

3,340,218,847

98.37%

55,315,416

1.63%

3,395,534,263

90.87%

24,774

RESOLUTION 13

RE-ELECT A. GUPTA       

3,392,027,776

99.90%

3,506,487

0.10%

3,395,534,263

90.87%

24,774

RESOLUTION 14

RE-ELECT SHRAVIN B MITTAL

3,392,019,633

99.90%

3,514,630

0.10%

3,395,534,263

90.87%

24,774

RESOLUTION 15

REAPPOINT AUDITOR       

3,395,448,087

100.00%

88,125

0.00%

3,395,536,212

90.87%

22,825

RESOLUTION 16

REMUNERATION OF AUDITOR 

3,395,508,860

100.00%

21,121

0.00%

3,395,529,981

90.87%

29,056

RESOLUTION 17

POLITICAL DONATIONS     

3,256,140,232

99.86%

4,673,002

0.14%

3,260,813,234

87.27%

134,745,803

RESOLUTION 18

ALLOT SHARES IN COMPANY

3,255,086,662

99.82%

5,734,043

0.18%

3,260,820,705

87.27%

134,738,332

RESOLUTION 19

PRE-EMPTION RIGHTS

3,260,425,368

99.99%

380,520

0.01%

3,260,805,888

87.27%

134,753,149

RESOLUTION 20

MAKE MARKET PURCHASES

3,245,283,773

99.54%

15,011,310

0.46%

3,260,295,083

87.25%

135,263,954

RESOLUTION 21

CALL GENERAL MEETING

3,375,325,724

99.40%

20,218,811

0.60%

3,395,544,535

90.87%

14,502

 

Subject to rule 9.2.2E of the UK Listing Rules, the election of the Independent non-executive directors must be approved by a majority vote of both the independent shareholders (i.e. shareholders of the Company, other than the Company's controlling shareholder, who are entitled to vote on the election of Directors), and the shareholders as a whole. Therefore, the below table displays the votes for the election of the Independent non-executive directors excluding the votes of the controlling shareholder:

 

INDEPENDENT VOTE








RESOLUTION

DESCRIPTION

VOTES

FOR

%

FOR

VOTES

AGAINST

%

AGAINST

VOTES

TOTAL

% of ISC

VOTED

VOTES

WITHHELD

RESOLUTION 07

RE-ELECT A. GREEN       

1,233,006,271

95.55%

57,419,177

4.45%

1,290,425,448

79.09%

24,774

RESOLUTION 08

ELECT P.ARKWRIGHT

1,289,876,187

99.96%

549,261

0.04%

1,290,425,448

79.09%

24,774

RESOLUTION 09

RE-ELECT A.AJUMOGOBIA  

1,260,864,971

97.71%

29,560,477

2.29%

1,290,425,448

79.09%

24,774

RESOLUTION 10

RE-ELECT T.GEBREYES

1,224,210,238

94.87%

66,215,210

5.13%

1,290,425,448

79.09%

24,774

RESOLUTION 11

RE-ELECT A. POUTIAINEN  

1,279,788,417

99.18%

10,637,031

0.82%

1,290,425,448

79.09%

24,774

RESOLUTION 12

RE-ELECT R. RAJAGOPAL   

1,235,110,032

95.71%

55,315,416

4.29%

1,290,425,448

79.09%

24,774

 

Notes:

1.     Full details of the resolutions are set out in the Notice of Annual General Meeting dated 7 June 2024 which is available on the Investor area of Company's website at www.airtel.africa.

2.     Resolutions 1 to 18 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions. Resolutions 19 to 21 were special resolutions, requiring at least 75% of shareholders' votes to be cast in favour of the resolutions.

3.     Votes 'For' include those votes giving the Chairman discretion.

4.     Every shareholder has one vote for every ordinary share held. As at 6.30pm on 1 July 2024, the issued share capital of the Company consisted of 3,736,669,688 ordinary shares. The Company holds no shares in Treasury. Therefore, the total number of voting rights in Airtel Africa as at 1 July 2024 was 3,736,669,688.

5.     A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

6.     A copy of resolutions 18 and 21 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

 

 

-ENDS-

 

Enquiries

 

Airtel Africa - Investor Relations

Alastair Jones

Investor.relations@africa.airtel.com

 

+44 7464 830 011

+44 207 493 9315

 

 



Airtel Africa - Group Company Secretary

Simon O'Hara

 

 

 

+44 207 493 9315

 

 

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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