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

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RNS Number : 8125R  Airtel Africa PLC  02 January 2025

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

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                  Mauritius

5. Date on which the threshold was crossed or reached

27-Dec         -2024

6. Date on which Issuer notified

30-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  16.140000                                             0.000000                                                                   16.140000                       595204251
 Position of previous notification (if applicable)                          15.100000                                             0.000000                                                                   15.100000

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                                        595204251                                    0.000000                            16.140000
 Sub Total 8.A                                595204251                                                                             16.140000%

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 Overseas Private Limited  Bharti Global Limited
 Bharti                           Indian                          16.140000                                                                                                                                               16.140000%

 Overseas                         Continent

 Private                          Investment

 Limited                          Limited

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 Overseas Private Limited holds 100% of voting rights in Bharti Global
Limited, which in turn holds 100% of voting rights in Indian Continent
Investment Limited.

The shareholding percentages in this notice are calculated on the basis of
3,688,666,704 issued ordinary shares in the capital 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

30-Dec-2024

13. Place Of Completion

London, United Kingdom

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