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:

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

[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.

www.airtel.africa

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