REG - Airtel Africa PLC - Result of AGM

Airtel AfricaAnnouncement

09/07/2025 16:30

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RNS Number : 4014Q  Airtel Africa PLC  09 July 2025

Airtel Africa plc

("Airtel Africa", or the "Company")

 

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING (AGM)

 

London and Lagos, 9 July 2025: The Directors of Airtel Africa plc are
pleased to announce that at its Annual General Meeting held on Wednesday 9
July 2025 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United
Kingdom, all the proposed resolutions as set out in the Notice of Annual
General Meeting were passed on a poll of votes. The results of the poll for
each resolution were as follows:

 

 RESOLUTION     DESCRIPTION                                 VOTES          %        VOTES        %         VOTES          % of ISC  VOTES

FOR
FOR
AGAINST
AGAINST
TOTAL
VOTED
WITHHELD
 RESOLUTION 01  ACCOUNTS AND REPORTS                        3,194,638,108  100.00%  20,136       0.00%     3,194,658,244  87.39%    1,068,839
 RESOLUTION 02  REMUNERATION REPORT                         3,036,737,057  99.21%   24,213,919   0.79%     3,060,950,976  83.74%    134,776,107
 RESOLUTION 03  ALL EMPLOYEE SHARE PLAN                     3,060,943,619  100.00%  34,195       0.00%     3,060,977,814  83.74%    134,749,269
 RESOLUTION 04  FINAL DIVIDEND                              3,195,697,793  100.00%  12,508       0.00%     3,195,710,301  87.42%    16,782
 RESOLUTION 05  RE-ELECT SUNIL B. MITTAL                    3,127,945,886  97.93%   65,956,812   2.07%     3,193,902,698  87.37%    1,824,385
 RESOLUTION 06  RE-ELECT S.  TALDAR                         3,188,805,439  99.83%   5,485,552    0.17%     3,194,290,991  87.38%    1,436,092
 RESOLUTION 07  ELECT K.DUA                                 3,188,227,147  99.81%   6,055,878    0.19%     3,194,283,025  87.38%    1,444,058
 RESOLUTION 08  RE-ELECT A. GREEN                           3,183,981,576  99.68%   10,309,479   0.32%     3,194,291,055  87.38%    1,436,028
 RESOLUTION 09  RE-ELECT A.AJUMOGOBIA                       3,190,994,108  99.90%   3,289,963    0.10%     3,194,284,071  87.38%    1,443,012
 RESOLUTION 10  RE-ELECT P.ARKWRIGHT                        3,190,814,869  99.89%   3,468,204    0.11%     3,194,283,073  87.38%    1,444,010
 RESOLUTION 11  RE-ELECT T.GEBREYES                         3,172,757,318  99.33%   21,526,780   0.67%     3,194,284,098  87.38%    1,442,985
 RESOLUTION 12  ELECT C.GORDON                              3,180,283,038  99.56%   13,997,341   0.44%     3,194,280,379  87.38%    1,446,704
 RESOLUTION 13  RE-ELECT A. POUTIAINEN                      3,191,311,825  99.91%   2,963,163    0.09%     3,194,274,988  87.38%    1,452,095
 RESOLUTION 14  RE-ELECT R. RAJAGOPAL                       3,185,947,914  99.74%   8,327,078    0.26%     3,194,274,992  87.38%    1,452,091
 RESOLUTION 15  RE-ELECT SHRAVIN B MITTAL                   3,190,423,092  99.88%   3,860,057    0.12%     3,194,283,149  87.38%    1,443,934
 RESOLUTION 16  ELECT G.VITTAL                              3,180,912,075  99.58%   13,370,639   0.42%     3,194,282,714  87.38%    1,444,369
 RESOLUTION 17  REAPPOINT AUDITOR                           3,195,605,348  100.00%  82,824       0.00%     3,195,688,172  87.42%    38,911
 RESOLUTION 18  REMUNERATION OF AUDITOR                     3,195,167,309  99.98%   522,134      0.02%     3,195,689,443  87.42%    37,640
 RESOLUTION 19  POLITICAL DONATIONS                         3,058,629,512  99.92%   2,341,569    0.08%     3,060,971,081  83.74%    134,756,002
 RESOLUTION 20  ALLOT SHARES IN COMPANY                     3,048,673,115  99.60%   12,300,104   0.40%     3,060,973,219  83.74%    134,753,864
 RESOLUTION 21  PRE-EMPTION RIGHTS                          3,058,798,441  99.93%   2,171,823    0.07%     3,060,970,264  83.74%    134,756,819
 RESOLUTION 22  MAKE MARKET PURCHASES                       3,051,162,939  99.70%   9,317,048    0.30%     3,060,479,987  83.72%    135,247,096
 RESOLUTION 23  CANCELLATION OF CAPITAL REDEMPTION RESERVE  3,032,048,413  94.88%   163,655,328  5.12%     3,195,703,741  87.42%    23,342
 RESOLUTION 24  CALL GENERAL MEETING                        3,052,140,890  99.71%   8,800,128    0.29%     3,060,941,018  83.74%    134,786,065

 

Subject to rule 9.2.2E of the UK Listing Rules, the election of the
Independent non-executive directors must be approved by a majority vote of
both the independent shareholders (i.e. shareholders of the Company, other
than the Company's controlling shareholder, who are entitled to vote on the
election of Directors), and the shareholders as a whole. Therefore, the below
table displays the votes for the election of the Independent non-executive
directors excluding the votes of the controlling shareholder:

 

 INDEPENDENT VOTE
 RESOLUTION     DESCRIPTION                      VOTES          %       VOTES       %         VOTES          % of ISC  VOTES

FOR
FOR
AGAINST
AGAINST
TOTAL
VOTED
WITHHELD
 RESOLUTION 08  RE-ELECT A. GREEN                1,078,872,771  99.05%  10,309,479  0.95%     1,089,182,250  70.25%    1,436,028
 RESOLUTION 09  RE-ELECT A.AJUMOGOBIA            1,085,885,303  99.70%  3,289,963   0.30%     1,089,175,266  70.25%    1,443,012
 RESOLUTION 10  RE-ELECT P.ARKWRIGHT             1,085,706,064  99.68%  3,468,204   0.32%     1,089,174,268  70.25%    1,444,010
 RESOLUTION 11  RE-ELECT T.GEBREYES              1,067,648,513  98.02%  21,526,780  1.98%     1,089,175,293  70.25%    1,442,985
 RESOLUTION 12  ELECT C.GORDON                   1,075,174,233  98.71%  13,997,341  1.29%     1,089,171,574  70.25%    1,446,704
 RESOLUTION 13  RE-ELECT A. POUTIAINEN           1,086,203,020  99.73%  2,963,163   0.27%     1,089,166,183  70.25%    1,452,095
 RESOLUTION 14  RE-ELECT R. RAJAGOPAL            1,080,839,109  99.24%  8,327,078   0.76%     1,089,166,187  70.25%    1,452,091

 

Notes:

1.     Full details of the resolutions are set out in the Notice of
Annual General Meeting dated 9 June 2025 which is available on the Investor
area of Company's website at www.airtel.africa.

2.     Resolutions 1 to 20 were ordinary resolutions, requiring more than
50% of shareholders' votes to be cast in favour of the resolutions.
Resolutions 21 to 24 were special resolutions, requiring at least 75% of
shareholders' votes to be cast in favour of the resolutions.

3.     Votes 'For' include those votes giving the Chairman discretion.

4.     Every shareholder has one vote for every ordinary share held. As
at 6.30pm on 7 July 2025, the issued share capital of the Company consisted of
3,662,946,527 ordinary shares, including 7,489,044 treasury shares. Therefore,
the total number of voting rights in Airtel Africa as at 7 July 2025 was
3,655,457,483.

5.     A "Vote withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares voted "For" or "Against" any
resolution nor in the calculation of the proportion of "Total issued share
capital instructed" for any resolution.

6.     A copy of resolutions 20 and 24 passed at the AGM will shortly be
submitted to the National Storage Mechanism and will be available for
inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

 

-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

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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