REG - Airtel Africa PLC - Holding(s) in Company

Airtel AfricaAnnouncement

17/12/2024 10:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241217:nRSQ2936Qa&default-theme=true

RNS Number : 2936Q  Airtel Africa PLC  17 December 2024

Airtel Africa plc (the "Company") - Notification of Major Interests in
Shares   

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BKDRYJ47

Issuer Name

AIRTEL AFRICA PLC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Bharti Airtel Limited

City of registered office (if applicable)

Gurugram

Country of registered office (if applicable)

India

4. Details of the shareholder

 Name                             City of registered office  Country of registered office
 Airtel Africa Mauritius Limited  Mauritius                  Mauritius

5. Date on which the threshold was crossed or reached

29-Oct-2024

6. Date on which Issuer notified

10-Dec-2024

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  57.059585                                             0.000000                                                                   57.059585                       2105108805
 Position of previous notification (if applicable)

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                                        2105108805                                   0.000000                            57.059585
 Sub Total 8.A                                2105108805                                                                            57.059585%

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  % of voting rights
                                                                            exercised/converted

 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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                            than the notifiable threshold
 Bharti Enterprises (Holding) Private Limited  Bharti Airtel Limited            0.000000                                                                    0.000000                                                                    0.000000%
 Bharti Enterprises (Holding) Private Limited  Network i2i Limited              0.000000                                                                    0.000000                                                                    0.000000%
 Bharti Enterprises (Holding) Private Limited  Airtel Africa Mauritius Limited  57.059585                                                                   0.000000                                                                    57.059585%

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

 

11. Additional Information

Bharti Airtel Limited holds 100% voting rights in Network i2i Limited, which
in turn holds 100% voting rights in Airtel Africa Mauritius Limited, a major
shareholder of Airtel Africa plc.

This disclosure under DTR 5 is being given pursuant to change in the total
outstanding share capital of Airtel Africa plc and consequent increase in the
voting rights of Airtel Africa Mauritius Limited (from 56.02% to 57.06%) on
account of purchase of its own shares by Airtel Africa plc under share
buy-back programme which commenced on March 01, 2024 and concluded on October
29, 2024. We wish to submit that there is no fresh acquisition made by Bharti
Airtel Group in Airtel Africa plc.

The shareholding percentages in this notice are calculated on the basis of
3,689,316,704 ordinary shares of Airtel Africa plc. In this notification,
figures are rounded to the nearest 2 decimal places. Any discrepancies in
aggregated figures are due to rounding.

12. Date of Completion

16-Dec-2024

13. Place Of Completion

New Delhi, India

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLGPGQUPUPCGMQ