Business
Notification of major shareholding
Notification of major shareholding.
About this update from Airtel Africa Plc
TR-1: S tandard form for notification of major holdings NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : Airtel Africa plc (LEI Code: 254900ZNZDQL6OWQH623) 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an "X") An acquisition or disposal of voting rights An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify) iii : Intra group transfer of shares X 3. Details of person subject to the notification obligation iv Name Bharti Overseas Private Limited City and country of registered office (if applicable) Delhi, India 4. Full name of shareholder(s) (if different from 3.) v Name Indian Continent Investment Limited City and country of registered office (if applicable) Mauritius 5. Date on which the threshold was crossed or reached vi : 15 December 2023 6. Date on which issuer notified (DD/MM/YYYY): 19 December 2023 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 (8.A + 8.B) vii Resulting situation on the date on which threshold was crossed or reached 15.10% NIL 15.10% 567,665,566 Position of previous notification (if applicable) 15.10% NIL 15.10% 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii A: Voting rights attached to shares Class/type of shares ISIN code (if possible) Number of voting rights ix % of voting rights Direct (DTR5.1) Indirect (DTR5.2.1) Direct (DTR5.1) Indirect (DTR5.2.1) GB00BKDRYJ47 NIL 567,665,566 NIL 15.10% SUBTOTAL 8. A 567,665,566 15.10% B 1: Financial Instruments according to DTR5.3.1R (1) (a) Type of financial instrument Expiration date x Exercise/ Conversion Period xi Number of voting rights that may be acquired if the instrument is exercised/converted. % of voting rights SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) Type of financial instrument Expiration date x Exercise/ Conversion Period xi Physical or cash Settlement xii Number of voting rights % of voting rights SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii 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 entity (please add additional rows as necessary) xiv X Name xv % 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 Bharti Overseas Private Limited Bharti Global Limited Indian Continent Investment Limited 15.10% 15.10% 10. In case of proxy voting, please identify: 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 xvi Bharti Overseas Private Limited holds 100% of voting rights in Bharti Global Limited, which in turn holds 100% of voting rights in Indian Continent Investment Limited. The shareholding percentages in this notice are calculated on the basis of 3,758,151,504 issued ordinary shares in the capital of Airtel Africa plc. In this notification, figures are rounded to the nearest 2 decimal places. Any discrepancies in aggregated figures are due to rounding. Place of completion London, United Kingdom Date of completion 19 December 2023