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Airtel Africa
plc
("Airtel
Africa", or "Group")
Announcement of Final
Dividend Currency Exchange Rates
London and Lagos, 5 June
2024: Airtel Africa, a leading
pan-African provider of telecommunications and mobile money
services, with a presence in 14 countries across Africa, today
confirms that the default currency and options on currency election
for the proposed final dividend (recommended by the Board to
be 3.57 cents per ordinary share payable on 26 July
2024 to shareholders on the register at of close of business
on 21 June 2024), and the currency exchange rates that will be
applicable in determination of the final dividend payment to any
shareholders that qualify for and have elected to receive the final
dividend payment in U.S. dollars, GB pounds or Nigerian
naira will be as set out below. The latest date to trade
shares in order to be entitled to the dividend is 19 June
2024.
Arrangements for Shareholders that hold their shares on
the London Stock Exchange (LSE):
· Shareholders that hold their shares on the London Stock
Exchange may elect to receive their dividend payment in GB
pounds or U.S. dollars.
· CREST
participants can elect to receive their dividend payment via
CREST.
· Holders electing to receive a dividend should specify a choice
of currency by completing the Currency Election Form and return
to Computershare Investor Services plc.
· The
closing date for the dividend currency election to the
Company's Registrars Computershare Investor Services
plc in the UK is 8 July 2024.
· Shareholders holding their shares on the LSE who do not
indicate their currency of choice before 8 July 2024 will
receive their dividends in U.S. dollars.
· Currency election forms can be obtained by contacting the
Company's Registrars, Computershare Investor Services plc, on
the Company's dedicated telephone line: +44 (0)370
7030027.
Arrangements for Shareholders that hold their shares on
the Nigerian Stock Exchange (NSE):
· Shareholders that hold their shares on the Nigerian Stock
Exchange may elect to receive their entire dividend payment in
Nigerian naira or U.S. dollars.
· Holders electing to receive a dividend in U.S. dollars should
complete the Currency Election Form and
return to Coronation Registrars Limited or email to
eforms@coronationregistrars.com
· Currency election forms can be found on the website of the
Company's Registrar www.coronationregistrars.com
or this direct link:
Currency Election Form
· The closing date for the dividend
currency election to the Company's Registrars Coronation
Registrars Limited in Nigeria is 8 July
2024.
· Shareholders holding their shares on the NSE who do not
indicate their currency of choice before 8 July 2024 will
receive their dividends in Nigerian naira.
The following currency exchange rate
will be applicable in the determination of the final dividend
payment to any shareholders that qualify for and have elected to
receive the final dividend payment:
Exchange rate
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1 USD = 1485.99 Nigerian
naira
1 USD = 0.7859 GB
pounds
The exchange rate for the Nigerian
naira or GB pounds amounts payable was determined by reference to
the exchange rates applicable to the U.S. dollar
available on 31 May 2024.
-ENDS-
Enquiries
Airtel Africa - Investor Relations
Alastair Jones
Investor.relations@africa.airtel.com
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+44 7464 830 011
+44 207 493 9315
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Airtel Africa - Group Company Secretary
Simon O'Hara
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+44 207 493 9315
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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.
www.airtel.africa