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RNS Number : 5967T Airtel Africa PLC 01 August 2025
Airtel Africa plc
("Airtel Africa" or the "Company")
Update on Airtel Money Shareholder Put Options
London and Lagos, 1 August 2025 - Airtel Africa plc, a leading provider of
telecommunications and mobile money services across 14 African markets,
announces that it and its affiliates have agreed with The Rise Fund, the
impact investment platform of TPG, and Mastercard, both minority shareholders
in Airtel Mobile Commerce BV ("Airtel Money"), to defer the exercisable date
of their put options under their respective agreements by 12 months.
These put options allow them to sell their shares in Airtel Money to Airtel
Africa or its affiliates under the existing option deeds. All other material
financial terms of the agreements remain unchanged.
-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)
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 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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