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Airtel Africa PLC

Major Shareholding Notification Mar 15, 2024

5228_mrq_2024-03-15_f092ce7c-1d0a-414d-a015-8d91cd901cfa.pdf

Major Shareholding Notification

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TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BKDRYJ47

Issuer Name

AIRTEL AFRICA PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Temasek Holdings (Private) Limited

City of registered office (if applicable)

Singapore

Country of registered office (if applicable)

Singapore

4. Details of the shareholder

Name City of registered
office
Country of registered
office
Singapore Telecom International
Pte Ltd
Singapore Singapore

5. Date on which the threshold was crossed or reached

06-Nov-2023

6. Date on which Issuer notified

14-Mar-2024

7. Total positions of person(s) subject to the notification obligation

% of voting
rights attached
to shares (total
of 8.A)
% of voting rights
through financial
instruments (total
of 8.B 1 + 8.B 2)
Total of both
in % (8.A +
8.B)
Total number of
voting rights
held in issuer
Resulting
situation on the
date on which
threshold was
2.517000 0.000000 2.517000 94593705
crossed or
reached
Position of
previous
notification (if
applicable)
3.940000 0.000000 3.940000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of
shares ISIN
code(if possible)
Number of
direct voting
rights (DTR5.1)
Number of indirect
voting rights
(DTR5.2.1)
% of direct voting
rights (DTR5.1)
% of indirect voting
rights (DTR5.2.1)
GB00BKDRYJ47 0 94593705 0.000000 2.517000
Sub Total 8.A 94593705 2.517000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial
instrument
Expiration
date
Exercise/conversion
period
Number of voting rights that may
be acquired if the instrument is
exercised/converted
% of
voting
rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of
financial
instrument
Expiration
date
Exercise/conversion
period
Physical or cash
settlement
Number of
voting rights
% of voting
rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

  1. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling person Name of controlled undertaking % of
voting
rights if it
equals or is
higher than
the
notifiable
threshold
% of voting
rights through
financial
instruments if
it equals or is
higher than
the notifiable
threshold
Total of
both if it
equals or
is higher
than the
notifiable
threshold
Temasek Holdings
(Private) Limited
Singapore
Telecommunications
Limited *
Singapore
Telecommunications
Limited
Singapore Telecom
International Pte Ltd
-------------------------------------------- -------------------------------------------- -- -- --

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

* For the purposes of DTR 5.8.3, Singapore Telecommunications Limited reported the disposal of voting rights which triggered this notification to Temasek on 13 March 2024.

Temasek has an aggregate interest (direct and indirect) of more than 50% of the voting shares of Singapore Telecommunications Limited. In turn, Singapore Telecommunications Limited holds 100% of the voting shares of Singapore Telecom International Pte Ltd.

The shareholding percentages in this notice are calculated on the basis of 3,758,151,504 issued ordinary shares in the capital of Airtel, as disclosed in the issuer's latest annual report published on 9 June 2023. In this notification, figures are rounded to the nearest 2 decimal places. Any discrepancies in aggregated figures are due to rounding.

12. Date of Completion

14 March 2024

13. Place Of Completion

Singapore

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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