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Airtel Africa PLC (AAF)


Thursday 24 December, 2020

Airtel Africa PLC

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:



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





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


 Details of the person discharging managerial responsibilities / person closely associated



 Raghunath Mandava


 Reason for the notification



 Chief Executive Officer


 Initial notification /Amendment

 Initial notification



 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor



 Airtel Africa plc






 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



 Description of the financial instrument, type of instrument

Identification code

 Ordinary shares of US$0.50 each





 Nature of the transaction


 Issue of dividend shares purchased by the Trustees of the Company's Long-Term Incentive Plan



 Price(s) and volume(s)








 Aggregated information

 - Aggregated volume

 - Price





 Date of the transaction

 22 December 2020


 Place of the transaction

 London Stock Exchange




Airtel Africa - Corporate Governance

Simon O'Hara

[email protected]

+44 207 493 9315





Hudson Sandler

Nick Lyon

Bertie Berger

[email protected]

+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.

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