Result of AGM

RNS Number : 9784Q

Airtel Africa PLC

24 June 2020

 

24 June 2020

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Airtel Africa plc

(the "Company")

The Company announces that at its Annual General Meeting held on Wednesday 24^th June 2020 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the resolutions set out in the Notice of AGM were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

Resolution* *denotes a special resolution	For (no. of shares)	For (%)	Against (no. of shares)	Against (%)	Votes Withheld (No. of shares)	Total issued share capital instructed (%)
1.  To receive the accounts and the reports of the directors and the auditor for the year ended 31 March 2020	3,433,737,175	100.00	0	0.00	4,777	91.37%
2.  To approve the directors' remuneration report	3,419,210,804	99.58	14,521,129	0.42	10,019	91.37%
3.  To approve the directors' remuneration policy	3,212,129,420	93.55	221,602,239	6.45	10,293	91.37%
4.  To declare a final dividend for the year ended 31 March 2020 of $0.03 for each ordinary share	3,431,544,948	99.94	2,192,227	0.06	4,777	91.37%
5.  To re-elect Sunil Bharti Mittal as a director	3,414,558,547	99.44	19,178,628	0.56	4,777	91.37%
6.  To re-elect Raghunath Mandava as a director	3,433,737,175	100.00	0	0.00	4,777	91.37%
7.  To re-elect Andrew Green as a director	909,032,499	100.00	24,000	0.00	2,524,685,453	24.19%
8.  To re-elect Awuneba Ajumogobia as a director	890,608,331	97.97	18,448,168	2.03	2,524,685,453	24.19%
9.  To re-elect Douglas Baillie as a director	890,609,331	97.97	18,447,168	2.03	2,524,685,453	24.19%
10.  To re-elect John Danilovich as a director	890,609,331	97.97	18,447,168	2.03	2,524,685,453	24.19%
11.  To re-elect Annika Poutiainen as a director	909,056,499	100.00	0	0.00	2,524,685,453	24.19%
12.  To re-elect Ravi Rajagopal as a director	909,055,499	100.00	1,000	0.00	2,524,685,453	24.19%
13.  To re-elect Arthur Lang as a director	3,397,744,540	98.95	35,992,635	1.05	4,777	91.37%
14.  To elect Akhil Gupta as a director	3,433,737,175	100.00	0	0.00	4,777	91.37%
15.  To elect Shravin Bharti Mittal as a director	3,433,736,390	100.00	785	0.00	4,777	91.37%
16.  To appoint Deloitte LLP as auditor of the Company	3,432,123,293	99.95	1,594,962	0.05	23,697	91.37%
17.  To authorise the audit committee of the Board to determine the remuneration of the auditor	3,432,139,723	99.95	1,597,452	0.05	4,777	91.37%
18.  To authorise the Company to make political donations and incur political expenditure	3,433,684,866	100.00	47,614	0.00	9,472	91.37%
19.  To authorise the directors to allot ordinary shares	3,432,454,313	99.96	1,280,185	0.04	7,454	91.37%
20.  To disapply statutory pre-emption rights*	3,433,686,303	100.00	50,087	0.00	5,562	91.37%
21.  To authorise the directors to hold general meetings on not less than 14 clear days' notice*	3,427,459,422	99.82	6,277,753	0.18	4,777	91.37%

Notes:

1.  Resolutions 7 to 12 concern the re-election of the independent non-executive directors of the Company. In accordance with the UK Listing Rules, the result of the votes of independent shareholders (that is, excluding controlling shareholders) is as set out above, save that the number of votes withheld for each of resolution 7 to 12 is 419,576,648 and the total issued share capital instructed is 54.99%.

2.  As at the date of the AGM, the number of issued ordinary shares of the Company was 3,758,151,504 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.

3.  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.

4.  A copy of resolutions 20-21 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

5.  The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Investor area of Company's website at airtel.africa.  

Enquiries

Airtel Africa plc 

Simon O'Hara  [phone] 

 

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