REG - Airtel Africa PLC - Interim Dividend Currency Exchange Rates

Airtel AfricaAnnouncement

01/11/2024 14:30

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RNS Number : 6717K  Airtel Africa PLC  01 November 2024

 

 

 

Airtel Africa plc

("Airtel Africa", or "Group")

 

Announcement of Interim Dividend Currency Exchange Rates

 

London and Lagos,  1 November 2024: 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  interim dividend (declared by the Board to
be 2.6 cents per ordinary share payable on 13 December 2024 to
shareholders on the register at of close of business on 8 November 2024). The
arrangements for the interim dividend and the currency exchange rates that
will be applicable in determination of the interim dividend payment to any
shareholders that qualify for the interim dividend payment are set out
below.

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 dividend payment in GB pounds
or U.S. dollars.

·      The last date to trade shares in order to be entitled to the
dividend is 6 November 2024.

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

·      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.

·      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.

·      The closing date for the dividend currency election to the
Company's Registrars Computershare Investor Services plc in the UK is 25
November 2024.

·      Shareholders holding their shares on the LSE who do not indicate
their currency of choice before 25 November 2024 will receive their
dividends in U.S. dollars.

Arrangements for Shareholders that hold their shares on the Nigerian Stock
Exchange (NSE):

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

·      The last date to trade shares in order to be entitled to the
dividend is 5 November 2024.

·      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)

·      Currency election forms can be found on the website of the
Company's Registrar Coronation.ng
(https://coronation.ng/institutional/about-us/registrars/) or this direct
link: Currency Election Form
(https://urldefense.com/v3/__https:/coronationregistrars.cloud.processmaker.net/webentry/79/node_35__;!!NkTqMbIja80B!isGvoStGLHhlU_yszhDihGC540ptpJ9MOz9dWQlge4wBrm2S0vmE2B-JUx2L7k6mo25zaGiz408MM635L-Y7JLFKw5nABJ69t9K1FEs$)

·      The closing date for the dividend currency election to
the Company's Registrars Coronation Registrars Limited in Nigeria is 25
November 2024.

·      Shareholders holding their shares on the NSE who do not indicate
their currency of choice before 25 November 2024 will receive their
dividends in Nigerian naira.

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

Exchange rate

1 USD = 1656.97 Nigerian naira

1 USD = 0.777363 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 31 October 2024.

 

-ENDS-

 

Enquiries

 

 Airtel Africa - Investor Relations

 Alastair Jones                                                                   +44 7464 830 011

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

 Airtel Africa - Group Company Secretary

 Simon O'Hara                                                                     +44 207 493 9315

 Companysecretary@africa.airtel.com (mailto:Companysecretary@africa.airtel.com)

 

About Airtel Africa

Airtel Africa is a leading provider of telecommunications and mobile money
services, with operations in 14 countries in sub-Saharan Africa. Airtel Africa
provides an integrated offer to its subscribers, including mobile voice and
data services as well as mobile money services both nationally and
internationally. The company's strategy is focused on providing a great
customer experience across the entire footprint, enabling our corporate
purpose of transforming lives across Africa.

 

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

 

 

 

 

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