REG - Airtel Africa PLC - Interim Dividend Currency Exchange Rates

Airtel AfricaAnnouncement

14/11/2023 15:00

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RNS Number : 4297T  Airtel Africa PLC  14 November 2023

Airtel Africa plc

('Airtel Africa', or the 'Group')

Announcement of Interim Dividend Currency Exchange Rates

 

London and Lagos, 14 November 2023: Airtel Africa, a leading pan-African
provider of telecommunications and mobile money services, with a presence in
14 countries across Africa, today confirms the default currency and options on
currency election for the proposed interim dividend (recommended by the Board
to be 2.38 cents per ordinary share payable on 15 December 2023 to
shareholders on the register at of close of business on 10 November 2023), and
the currency exchange rates that will be applicable in determination of the
interim dividend payment to any shareholders that qualify for and have elected
to receive the interim dividend payment in U.S. dollars, GB pounds or Nigerian
naira will be as follows:

 

Arrangements for Shareholders that hold their shares on the London Stock
Exchange (LSE):

·    Shareholders that hold their shares on the London Stock Exchange may
elect to receive their entire dividend payment in GB pounds or U.S. dollars.

 

·    CREST participants can elect to receive their entire dividend payment
via CREST.

 

·    Partial elections are not permissible.

 

·    Holders electing to receive a dividend should specify a choice of
currency by completing the Currency Election Form and return to Computershare
Investor Services plc.

 

·    Shareholders holding their shares on the LSE who do not indicate
their currency of choice before (close of business) 27 November 2023 will
receive their dividends in U.S. dollars.

 

·    The closing date for the dividend currency election to the Company's
Registrars Computershare Investor Services plc in the UK is (close of
business) 27 November 2023.

 

·    Currency election forms can be obtained by contacting the Company's
Registrars, Computershare Investor Services plc, on the Company's dedicated
telephone line: +44 (0)370 7030027

Arrangements for Shareholders that hold their shares on the Nigerian Exchange
Limited (NGX):

·    Shareholders that hold their shares on the Nigerian Exchange Limited
may elect to receive their entire dividend payment in Nigerian naira or U.S.
dollars.

 

·    Partial elections are not permissible.

 

·    Holders electing to receive a dividend in U.S. dollars should
complete the Currency Election Form and return to Coronation Registrars
Limited or email to eforms@coronationregistrars.com
(mailto:eforms@coronationregistrars.com)

 

·    Shareholders holding their shares on the NGX who do not indicate
their currency of choice before (close of business) 27 November 2023 will
receive their dividends in Nigerian naira.

 

·    The closing date for the dividend currency election to the Company's
Registrars Coronation Registrars Limited in Nigeria is (close of business) 27
November 2023.

 

·    Currency election forms can found on the website of the Company's
Registrar www.coronationregistrars.com (http://www.coronationregistrars.com)
or this direct  link: https://crlselfservice.coronation.ng/
(https://urldefense.com/v3/__https:/crlselfservice.coronation.ng/__;!!NkTqMbIja80B!gOcmjA7X6-jcArPUx37QZKSXe6AZ2xm0pDfSee_zFCbE4MFh3muC5mYt-d3d9-MTgFM96-5yGEr4zf1OuwN8fjV_7QcsAhhiJRGsUpk$)

 

The following currency exchange rate will be applicable in the determination
of the interim dividend payment to any shareholders that qualify for and have
elected to receive the interim dividend payment:

Exchange Rate

1 USD = 858.24 Nigerian naira

1 USD = 0.8190 GB pounds

The exchange rate for the Nigerian naira or GB pounds amounts payable was
determined by reference to the exchange rates applicable to the U.S. dollar
available on 10 November 2023.

 

 

-ENDS-

 

Enquiries

 

 Airtel Africa - Investor Relations

 Pier Falcione                                                            +44 7446 858 280

 Alastair Jones                                                           +44 7464 830 011

 Investor.relations@africa.airtel.com                                     +44 207 493 9315
 (mailto:Investor.relations@africa.airtel.com)

 Hudson Sandler                                                           +44 207 796 4133

 Nick Lyon

 Emily Dillon

 airtelafrica@hudsonsandler.com (mailto:airtelafrica@hudsonsandler.com)

 

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 (http://www.airtel.africa) /#/

 

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