Airtel Africa PLC Interim Dividend Currency Exchange Rates (5889T)
15 Noviembre 2019 - 5:00AM
UK Regulatory
TIDMAAF
RNS Number : 5889T
Airtel Africa PLC
15 November 2019
ANNOUNCEMENT OF H1 2019 - 20 INTERIM DIVIDEND CURRENCY EXCHANGE
RATES
London and Lagos, 15 November 2019: Airtel Africa plc ("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 dividend will be as follows:
-- Shareholders holding their shares on The Nigerian Stock
Exchange ("NSE") without valid Nigerian Certificate for Capital
Importation ("CCI") will be paid their dividend in Naira as the
default currency;
-- Shareholders holding their shares on The NSE with valid CCI
will be paid their dividend in US dollars as the default currency.
However, those shareholders may instead elect to receive their
entire dividend payment in Naira (partial elections are not
permissible). Evidence of the CCI must be provided to the company's
registrars, United Securities Limited; and
-- Shareholders holding their shares through depository
interests on the London Stock Exchange will be paid their dividend
in US dollars as the default currency.
The following currency exchange rate will be applicable in the
determination of the H1 2019 - 20 interim dividend payment to any
shareholders that qualify for and have elected to receive the H1
2019 - 20 interim dividend payment in Naira:
Exchange Rate
1 USD = 306.40 Naira
The exchange rate for the Naira amounts payable was determined
by reference to the exchange rates applicable to the US dollar
available on 13 November 2019 .
The closing date for dividend currency election to the Company's
Registrars United Securities Limited in Nigeria is 22 November
2019.
Enquiries:
Investor relations
Pier Falcione +44 20 7493 9315
Anna Kaim
Investor.relations@africa.airtel.com
Media relations
Kevin Soady, Kekst CNC +44 20 3755 1600
Katherine Fennell, Kekst CNC
Michael Okwiri
Michael.Okwiri@africa.airtel.com
Notes to Editors
About Airtel Africa
Airtel Africa (LSE: AAF; NSE: AIRTELAFRI) is a leading provider
of telecommunications and mobile money services, with a presence in
14 countries in Africa, primarily in East Africa, 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.
15 November 2019
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END
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