Airtel Africa PLC Interim Dividend Currency Exchange Rates (9942F)
November 10 2022 - 5:00AM
UK Regulatory
TIDMAAF
RNS Number : 9942F
Airtel Africa PLC
10 November 2022
Airtel Africa plc
('Airtel Africa', or the 'Group')
Announcement of Interim Dividend Currency Exchange Rates
London and Lagos, 10 November 2022: 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 interim dividend (recommended by the Board to be
2.18 cents per ordinary share payable on 9 December 2022 to
shareholders on the register at of close of business on 11 November
2022), 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
follows:
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 entire dividend payment in GB
pounds or U.S. dollars.
-- Partial elections are not permissible.
-- 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.
-- Shareholders holding their shares on the LSE who do not
indicate their currency of choice before 28 November 2022 will
receive their dividends in U.S. dollars.
-- The closing date for the dividend currency election to the
Company's Registrars Computershare Investor Services plc in the UK
is 28 November 2022.
-- 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.
-- Partial elections are not permissible.
-- 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
-- Shareholders holding their shares on the NSE who do not
indicate their currency of choice before 28 November 2022 will
receive their dividends in Nigerian naira.
-- The closing date for the dividend currency election to the
Company's Registrars Coronation Registrars Limited in Nigeria is 28
November 2022.
-- Currency election forms can found on the website of the
Company's Registrar www.coronationregistrars.com or this direct
link: https://coronationregistrars.com/currency-election-form/
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
1 USD = 446.1 Nigerian naira
1 USD = 0.8652 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 8 November 2022.
-ENDS-
Enquiries :
Airtel Africa - Investor Relations
Pier Falcione +44 7446 858 280
Alastair Jones +44 7464 830 011
investor.relations @africa.airtel.com +44 207 493 9315
Hudson Sandler
Nick Lyon
Emily Dillon
airtelafrica@hudsonsandler.com +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.
www.airtel.africa
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END
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