REG - Helios Towers PLC - Helios Towers Share Buyback Programme

Helios TowersAnnouncement

06/11/2025 07:02

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RNS Number : 3902G  Helios Towers PLC  06 November 2025

 

Launch of up to $75 million Share Buyback

 

London, 6 November 2025: Helios Towers plc ("Helios Towers", "the Group" or
"the Company"), the independent mobile tower company, announces that its Board
has approved a return of up to $75 million to shareholders by the end of 2026,
to be implemented through a share buyback programme to purchase ordinary
shares in the Company with a nominal value of £0.01 each (the "Buyback
Programme").

 

The Buyback Programme forms part of the Company's disciplined capital
allocation framework, reflecting Helios Towers' strong balance sheet, cash
generation and continued confidence in its long-term growth prospects.

 

An initial tranche of $25 million will commence on 6 November 2025, under a
non-discretionary agreement with Jefferies International Limited
("Jefferies"). Jefferies will act as principal and make trading decisions
independently of the Company, in accordance with pre-set parameters.

 

It is anticipated that additional non-discretionary arrangements with other
brokers in respect of the second, and any further tranches, of the Buyback
programme will be entered into in due course.

 

All ordinary shares repurchased under the Buyback Programme will be cancelled.
The purpose of the Buyback Programme is to return surplus capital to
shareholders and optimise the Company's capital structure.

 

The Buyback Programme will take place within the limitations of the authority
granted by shareholders to the Board of the Company at its annual general
meeting held on 15 May 2025 (and as such authority may be renewed and/or
amended). The maximum number of ordinary shares that can be purchased by the
Company under the Buyback Programme pursuant to the authority granted by
shareholders is 105,270,000.

 

The timing and total value of share repurchases will depend on market
conditions, share price, trading volumes, and other relevant factors. The
Buyback Programme is intended to be conducted in accordance with the UK Market
Abuse Regulation (EU) No. 596/2014 (as incorporated into UK law), and the
Commission Delegated Regulation (EU) 2016/1052 (also as in force in the UK,
from time to time, including, where relevant, pursuant to the UK's European
Union (Withdrawal) Act 2018 and the Market Abuse (Amendment) (EU Exit)
Regulations 2019) as well as applicable laws and the regulations of the UK
Financial Conduct Authority (including Chapter 9 of the Listing Rules).

 

Helios Towers will make further announcements in due course following the
buyback of shares. Any repurchase of shares will be announced no later than
7:30am on the business day following the calendar day on which the repurchase
occurred.

 

The execution of the Buyback Programme may be augmented by the purchase of
Shares by way of block trades. The maximum number of shares which can be
repurchased by the Company under the Buyback Programme will be reduced by the
corresponding amount of capital returned through block trades.

 

Helios Towers expects to complete the Buyback Programme by the end of 2026 and
will make further announcements as required in accordance with applicable
regulations. Note there is no guarantee that the Buyback Programme will be
implemented in full.

 

 

Investor Relations

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

+44 (0)782 511 2288

investorrelations@heliostowers.com

 

Media relations

Andy Rivett-Carnac

Headland

+44 (0)796 899 7365

HeliosTowers@headlandconsultancy.com
(mailto:HeliosTowers@headlandconsultancy.com)

 

Joe Hughes

Headland

+44 (0)731 137 0016

HeliosTowers@headlandconsultancy.com
(mailto:HeliosTowers@headlandconsultancy.com)

 

About Helios Towers

 

·     Helios Towers is a leading independent telecom tower company
connecting people and powering growth across Africa and the Middle East. We
deliver world-class operations at nearly 15,000 mobile tower sites across nine
countries in Africa and The Middle East - the fastest growing region globally
for mobile services - providing mission critical infrastructure and power
services to leading mobile network operators (MNOs).

 

·    Our pioneering approach enables colocation - the sharing of telecom
tower sites - by hosting multiple MNOs on individual sites, creating benefits
in the performance quality, the environmental impact, and the cost of rolling
out and running mobile networks in our markets.

 

·    Helios Towers' business excellence methodology focuses on delivering
world class performance for its customers - centred around the development and
upskilling of its people. We foster a culture of learning and continuous
improvement to deliver global standards in processes and innovation, which
makes us the partner of choice for all the region's leading MNOs.

 

·    As one of the largest and fastest-growing FTSE-listed companies
focused on operating in Africa and the Middle East, Helios Towers' disciplined
approach to capital allocation, long-term partnerships with leading MNOs and
its operational capabilities deliver resilient performance that is reshaping
digital connectivity in the region and catalysing investment that is essential
to unlocking its human and economic potential.

 

 

 

 

 

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