Director's Dealing • Aug 11, 2023
Director's Dealing
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RNS Number : 1224J
Airtel Africa PLC
11 August 2023
Airtel Africa plc
("Airtel Africa", or the "Company")
Director/PDMR Shareholding
London and Lagos, 11 August 2023: Airtel Africa announces the following transaction in the Company's ordinary shares ("Ordinary Shares") by Olusegun Ogunsanya, Chief Executive Officer and a PDMR of the Company. This sale of Ordinary Shares is to be used to fund a property purchase by Mr Ogunsanya. Following this transaction Mr Ogunsanya holds 4,325,282 Ordinary Shares in Airtel Africa.
Details of the transaction as required by the UK Market Abuse Regulation can be found below.
Enquiries
| Airtel Africa - Investor Relations Simon O'Hara [email protected] |
+44 207 493 9315 +44 207 493 9315 |
| Hudson Sandler Nick Lyon Emily Dillon [email protected] |
+44 207 796 4133 |
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications solutions to its subscribers, including mobile voice and data services as well as mobile money services both nationally and internationally.
The Group aims to continue providing a simple and intuitive customer experience through streamlined customer journeys.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Olusegun Ogunsanya | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive Officer | |||
| b) | Initial notification /Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Airtel Africa plc | |||
| b) | LEI | 254900ZNZDQL6OWQH623 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument | Airtel Africa plc $0.50 ordinary shares | |||
| Identification code | ISIN: GB00BKDRYJ47 | ||||
| b) | Nature of the transaction | Sale of Airtel Africa plc $0.50 ordinary shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £1.1137 | 666,174.760 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | 666,174 .760 | ||||
| - Aggregated Price - Aggregated Total |
£1.137 £757 440.70 |
||||
| e) | Date of the transaction | 4 August 2023 | |||
| f) | Place of the transaction | London Stock Exchange |
-ENDS-
Simon O'Hara
Group Company Secretary
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END
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