Director/PDMR Shareholding

RNS Number : 9834D
Airtel Africa PLC
02 November 2020
 

 

Airtel Africa plc

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

Director/PDMR Shareholding

 

London and Lagos, 2 November 2020

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the 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

Ordinary shares of $0.50 each

 



Identification code

ISIN: GB00BKDRYJ47



b)

 

Nature of the transaction

Grant of performance and restricted share awards under the Airtel Africa plc Long Term Incentive Plan

c)

 

Price(s) and volume(s)


 

 

Price(s)

Volume(s)

Performance shares

£ 0.64

975,904

Restricted shares

£ 0.64

433,735

TOTAL


1,409,639








d)

 

Aggregated information




- Aggregated volume

1,409,639



- Aggregated Price

 

- Aggregated Total

£ 0.64 

 

£ 902,169



e)

 

Date of the transaction

30 October 2020

f)

 

Place of the transaction

London - outside a trading venue

 

-ENDS-

 

 

Enquiries :

Airtel Africa - Corporate Governance

Simon O'Hara

simon.ohara @africa.airtel.com

+44 207 493 9315





Hudson Sandler

Nick Lyon

Bertie Berger

airtelafrica@hudsonsandler.com

+44 207 796 4133





 

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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