Director/PDMR Shareholding

RNS Number : 7425J

Airtel Africa PLC

24 December 2020

 

London and Lagos, 24 December 2020

Airtel Africa plc

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

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs')

On 11 December 2020, the Company paid a final dividend of $1.5 cents per ordinary share to all registered shareholders as at 13 November 2020. 

The Company has been notified that on 22 December 2020, the Trustees of the Company's Long-Term Incentive Plan (the "Plan") purchased ordinary shares in the market to be held under the Plan as Dividend Shares.  Details of the number of Dividend Shares issued to persons discharging managerial responsibilities ("PDMRs") are shown below:

Name	Position	Number of Dividend Shares acquired	Market Purchased Price per share	Total number of Shares held on 22 December 2020, including Dividend Shares
Raghunath Mandava	Chief executive officer	7369	£0.754	499089

This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Raghunath Mandava
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 Identification code	Ordinary shares of US$0.50 each  ISIN: GB00BKDRYJ47
b)	Nature of the transaction	Issue of dividend shares purchased by the Trustees of the Company's Long-Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.754 7369
d)	Aggregated information  - Aggregated volume  - Price	7369 shares  5,556.22
e)	Date of the transaction	22 December 2020
f)	Place of the transaction	London Stock Exchange

Enquiries:

Airtel Africa - Corporate Governance Simon O'Hara [e-mail]	[phone]
Hudson Sandler Nick Lyon Bertie Berger [e-mail]	[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

 

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