TIDMAAF

RNS Number : 5334E

Airtel Africa PLC

04 July 2019

4 July 2019

Airtel Africa plc

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulation.

Singapore Telecom International Pte Ltd has informed the company that it acquired 39,685,000 Ordinary shares of US$ 0.50 each on 3 July 2019. This was in respect of the Company's recent IPO and, as disclosed in the Company's Pricing Notification available on the Company's website, Singapore Telecom International Pte Ltd's resultant shareholding in the Company is 208,093,705 Ordinary Shares. Details of the full notification received by the Company are set out below.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Singapore Telecom International Pte 
                                   Ltd 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Person closely associated with Arthur 
                                   Lang, Board Member 
     --------------------------  -------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------- 
 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          Ordinary shares of US$ 0.50 each 
       financial instrument, 
       type of instrument          ISIN: GB00BKDRYJ47 
 
       Identification code 
     --------------------------  -------------------------------------- 
 b)   Nature of the transaction   Purchase of shares 
     --------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     GBP0.80     39685000 
                                                ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          39685000 shares 
       - Price                      GBP31748000.00 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction      3 July 2019 
     --------------------------  -------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------

Enquiries

Airtel Africa plc

   --    Pier Falcione                    +44 20 7493 9315

Kekst CNC

   --    Harald Kinzler                 +44 203 817 9935 
   --    Katherine Fennell            +44 203 755 1619

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END

DSHSSEFSLFUSEIW

(END) Dow Jones Newswires

July 04, 2019 06:54 ET (10:54 GMT)

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