REG - Helios Towers PLC - Directorate Change

Helios TowersAnnouncement

26/01/2024 09:00

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RNS Number : 0412B  Helios Towers PLC  26 January 2024

HELIOS TOWERS plc

 

Directorate change

 

London 26 January 2024: Helios Towers plc ('Helios Towers' or 'the Company'),
the independent telecommunications infrastructure company, today announces
that Magnus Mandersson, Deputy Chair, has confirmed he will not seek
re-election as a Director of the Company and will formally step down at the
close of the Annual General Meeting on Thursday 25 April 2024. A process to
appoint a new Non-Executive Director has begun and an announcement in that
respect will be made in due course.

 

Sir Sam Jonah, Chairman of Helios Towers, commented:

 

"On behalf of the Board, I would like to express our gratitude to Magnus for
his contribution to the successful growth of the Company since its IPO in
2019. We wish him well in his future endeavours."

 

This announcement is made in accordance with Listing Rule 9.6.11R.

 

For further information, please contact:

 

Investor Relations

Chris Baker-Sams - Head of Strategic Finance and Investor Relations

+44 (0)752 310 1475

 

Media Relations

Edward Bridges / Rob Mindell FTI Consulting LLP

+44 (0)20 3727 1000

 

 

About Helios Towers

 

·    Helios Towers is a leading independent telecommunications
infrastructure company, having established one of the most extensive tower
portfolios across Africa and the Middle East. It builds, owns and operates
telecom passive infrastructure, providing services to mobile network
operators.

 

·    Helios Towers owns and operates over 14,000 telecommunication tower
sites in nine countries across Africa and the Middle East.

 

·    Helios Towers pioneered the model in Africa of buying towers that
were held by single operators and providing services utilising the tower
infrastructure to the seller and other operators. This allows wireless
operators to outsource non-core tower-related activities, enabling them to
focus their capital and managerial resources on providing higher quality
services more cost-effectively.

 

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