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Airtel Africa PLC
Remuneration Information • Nov 2, 2020
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 9828D
Airtel Africa PLC
02 November 2020
Airtel Africa plc
("Airtel Africa", or the "Company")
Director/PDMR Shareholding
London and Lagos, 2 November 2020: Airtel Africa announces the following changes to the interests of PDMRs in the Company's ordinary shares of $0.50 each ("Ordinary Shares").
On 30 October 2020, the Company granted the following awards over Ordinary Shares under the terms of the Airtel Africa Long Term Incentive Plan (the "LTIP") to the following PDMRs at nil cost:
| Name | Maximum No. of Performance Shares Receivable | No. of Restricted Shares Receivable |
| Raghunath Mandava | 975,904 | 433,735 |
Under normal circumstances, awards of Performance Shares and Restricted Shares will fully vest on 30 October 2023, subject to the rules of the LTIP and the Company's approved Remuneration Policy. Performance Shares and Restricted Shares are also subject to performance conditions.
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Enquiries:
| Airtel Africa - Corporate Governance Simon O'Hara simon.ohara@africa.airtel.com |
+44 207 493 9315 |
| Hudson Sandler Nick Lyon Bertie Berger [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.
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