TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BKDRYJ47
Issuer Name
AIRTEL AFRICA PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Bharti Overseas Private Limited
City of registered office (if applicable)
Vasant Kunj, Phase - II, New Delhi
Country of registered office (if applicable)
India
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
Indian Continent Investment Limited |
|
Mauritius |
5. Date on which the threshold was crossed or reached
22-Jun-2026
6. Date on which Issuer notified
24-Jun-2026
7. Total positions of person(s) subject to the notification obligation
|
% of voting rights attached to shares (total of 8.A) |
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2) |
Total of both in % (8.A + 8.B) |
Total number of voting rights held in issuer |
|
|
Resulting situation on the date on which threshold was crossed or reached |
0.000000 |
0.000000 |
0.000000 |
0 |
|
Position of previous notification (if applicable) |
16.140000 |
0.000000 |
16.140000 |
|
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB00BKDRYJ47 |
0 |
0 |
0.000000 |
0.000000 |
|
Sub Total 8.A |
0 |
0.000000% |
||
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
|
|
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
|
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
|
Type of financial instrument |
Expiration date |
Exercise/conversion period |
Physical or cash settlement |
Number of voting rights |
% of voting rights |
|
|
|
|
|
|
|
|
Sub Total 8.B2 |
|
|
|
||
9. Information in relation to the person subject to the notification obligation
2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
|
Ultimate controlling person |
Name of controlled undertaking |
% of voting rights if it equals or is higher than the notifiable threshold |
% of voting rights through financial instruments if it equals or is higher than the notifiable threshold |
Total of both if it equals or is higher than the notifiable threshold |
|
Bharti Overseas Private Limited |
Bharti Global Limited |
|
|
|
|
Bharti Overseas Private Limited |
Indian Continent Investment Limited |
0.000000 |
0.000000 |
0.000000% |
10. In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
If date does not apply, explain below
11. Additional Information
(a) This TR-1 disclosure pertains to transfer/ sale of c. 16.3% shareholding i.e. 595,204,251 shares of USD 0.50 each of Airtel Africa plc (the 'Issuer') held by Indian Continent Investment Limited ('ICIL') to Bharti Airtel Limited ('Bharti Airtel') on June 22, 2026, in consideration of allotment of 146,761,335 fully paid-up equity shares of Bharti Airtel to ICIL.
(b) Bharti Overseas Private Limited holds 100% of voting rights in Bharti Global Limited, which in turn holds 100% of voting rights in ICIL.
(c) The shareholding percentages in this TR-1 disclosure are calculated on the basis of 3,640,521,609 ordinary shares of USD 0.50 each of the Issuer as determined after adjusting the shares bought back by the Issuer upto June 23, 2026. In this notification, figures are rounded to the nearest 2 decimal places. Any discrepancies in aggregated figures are due to rounding-off.
12. Date of Completion
24-June-2026
13. Place Of Completion
London, United Kingdom