Airtel Africa Plc has issued a corporate update informing the Nigerian Exchange (NGX) and the broader investment community about its current shareholding structure and total voting rights as of June 30, 2025.
The company stated:
“In accordance with the Financial Conduct Authority’s (FCA) Disclosure Guidance and Transparency Rule 5.6.1R, the Company notifies the market that:
The Company’s issued share capital as at the close of business on 30 June 2025 consisted of 3,663,771,666 ordinary shares of USD 0.50 per share (“Ordinary Shares”), each with one vote, including 7,489,044 Ordinary Shares held in Treasury. Ordinary Shares held in Treasury do not carry any voting rights.
However, the total number of voting rights that may be used by shareholders as the denominator for the calculations by which they determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules is 3,655,960,539.
The difference between the issued share capital and the total number of voting rights (7,811,127 shares) relates to the 7,489,044 Ordinary Shares held in Treasury and the unsettled share purchases (322,083 shares), which are yet to be cancelled in accordance with the ongoing share buyback programme of the Company as announced on 14 May 2025.”
This update is in line with regulatory requirements to maintain transparency with investors.
