Result of AGM

Airtel Africa PLC
04 July 2023
 

 

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 Tuesday 4 July 2023 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    

3,427,542,906

100.00%

135,841

0.00%

3,427,678,747

91.21%

1,013,729

RESOLUTION 02

REMUNERATION REPORT     

3,195,039,300

97.07%

96,383,217

2.93%

3,291,422,517

87.58%

137,269,959

RESOLUTION 03

REMUNERATION POLICY     

2,991,605,194

90.84%

301,651,563

9.16%

3,293,256,757

87.63%

135,435,718

RESOLUTION 04

LONG-TERM INCENTIVE PLAN

2,994,935,988

90.94%

298,433,866

9.06%

3,293,369,854

87.63%

135,322,621

RESOLUTION 05

FINAL DIVIDEND          

3,428,021,362

100.00%

135,173

0.00%

3,428,156,535

91.22%

535,941

RESOLUTION 06

RE-ELECT SUNIL B MITTAL 

3,289,712,575

96.07%

134,417,714

3.93%

3,424,130,289

91.11%

4,562,186

RESOLUTION 07

RE-ELECT O. OGUNSANYA   

3,414,226,784

99.59%

13,904,322

0.41%

3,428,131,106

91.22%

561,370

RESOLUTION 08

RE-ELECT J. PAUL        

3,412,898,375

99.56%

15,249,227

0.44%

3,428,147,602

91.22%

544,874

RESOLUTION 09

RE-ELECT A. GREEN       

3,391,452,132

98.93%

36,689,649

1.07%

3,428,141,781

91.22%

550,695

RESOLUTION 10

RE-ELECT A. AJUMOGOBIA  

3,394,655,268

99.02%

33,492,034

0.98%

3,428,147,302

91.22%

545,174

RESOLUTION 11

RE-ELECT D. BAILLIE     

3,364,421,388

98.20%

61,740,494

1.80%

3,426,161,882

91.17%

2,530,594

RESOLUTION 12

RE-ELECT J. DANILOVICH  

3,392,124,638

98.95%

36,017,443

1.05%

3,428,142,081

91.22%

550,395

RESOLUTION 13

RE-ELECT T. GEBREYES    

3,424,272,711

99.89%

3,874,891

0.11%

3,428,147,602

91.22%

544,874

RESOLUTION 14

RE-ELECT A. POUTIAINEN  

3,415,274,574

99.62%

12,872,128

0.38%

3,428,146,702

91.22%

545,774

RESOLUTION 15

RE-ELECT R. RAJAGOPAL   

3,391,465,475

98.93%

36,681,827

1.07%

3,428,147,302

91.22%

545,174

RESOLUTION 16

RE-ELECT K.B. ROSMARIN  

3,425,379,379

99.92%

2,767,323

0.08%

3,428,146,702

91.22%

545,774

RESOLUTION 17

RE-ELECT A. GUPTA       

3,421,358,512

99.80%

6,788,790

0.20%

3,428,147,302

91.22%

545,174

RESOLUTION 18

RE-ELECT SHRAVIN B MITTAL

3,421,356,780

99.80%

6,790,822

0.20%

3,428,147,602

91.22%

544,874

RESOLUTION 19

REAPPOINT AUDITOR       

3,427,360,437

99.98%

774,763

0.02%

3,428,135,200

91.22%

557,276

RESOLUTION 20

REMUNERATION OF AUDITOR 

3,427,202,239

99.97%

941,826

0.03%

3,428,144,065

91.22%

548,411

RESOLUTION 21

POLITICAL DONATIONS     

3,288,425,377

99.85%

4,991,686

0.15%

3,293,417,063

87.63%

135,275,413

RESOLUTION 22

ALLOT SHARES            

3,289,380,383

99.88%

4,030,686

0.12%

3,293,411,069

87.63%

135,281,407

RESOLUTION 23

PRE-EMPTION RIGHTS      

3,291,641,212

99.95%

1,762,873

0.05%

3,293,404,085

87.63%

135,288,391

RESOLUTION 24

MAKE MARKET PURCHASES   

3,292,937,808

99.99%

182,294

0.01%

3,293,120,102

87.63%

135,572,374

RESOLUTION 25

GENERAL MEETING NOTICE  

3,410,010,616

99.47%

18,143,106

0.53%

3,428,153,722

91.22%

538,754

RESOLUTION 26

REDUCE SHARE CAPITAL    

3,293,190,905

100.00%

143,978

0.00%

3,293,334,883

87.63%

135,357,593

 

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 09

RE-ELECT A. GREEN       

1,286,343,317

97.23%

36,689,649

2.77%

1,323,032,966

80.04%

550,695

RESOLUTION 10

RE-ELECT A. AJUMOGOBIA  

1,289,546,453

97.47%

33,492,034

2.53%

1,323,038,487

80.04%

545,174

RESOLUTION 11

RE-ELECT D. BAILLIE     

1,259,312,573

95.33%

61,740,494

4.67%

1,321,053,067

79.92%

2,530,594

RESOLUTION 12

RE-ELECT J. DANILOVICH  

1,287,015,823

97.28%

36,017,443

2.72%

1,323,033,266

80.04%

550,395

RESOLUTION 13

RE-ELECT T. GEBREYES    

1,319,163,896

99.71%

3,874,891

0.29%

1,323,038,787

80.04%

544,874

RESOLUTION 14

RE-ELECT A. POUTIAINEN  

1,310,165,759

99.03%

12,872,128

0.97%

1,323,037,887

80.04%

545,774

RESOLUTION 15

RE-ELECT R. RAJAGOPAL   

1,286,356,660

97.23%

36,681,827

2.77%

1,323,038,487

80.04%

545,174

 

Notes:

1.     Full details of the resolutions are set out in the Notice of Annual General Meeting dated 9 June 2023 which is available on the Investor area of Company's website at airtel.africa.

2.     Resolutions 1 to 22 were ordinary resolutions, requiring more than 50% of shareholders' votes to be cast in favour of the resolutions. Resolutions 23 to 26 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.     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.

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 23 and 26 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

Pier Falcione

Alastair Jones

Investor.relations@africa.airtel.com

 

+44 7446 858 280

+44 7464 830 011

+44 207 493 9315

 

 

Hudson Sandler

Nick Lyon

Emily Dillon

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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