TIDMAAF

RNS Number : 4129F

Airtel Africa PLC

15 July 2021

15 July 2021

RESULT OF AGM

RESOLUTIONS PASSED AT ANNUAL GENERAL MEETING

Airtel Africa plc

(the "Company")

The Company announces that at its Annual General Meeting held on Thursday 15 July 2021 at First Floor, 53/54 Grosvenor Street, London, W1K 3HU, United Kingdom, all the resolutions set out in the Notice of AGM were passed by the requisite majority. Each of the resolutions put to the AGM was voted on by way of a poll. The results of the poll for each resolution were as follows:

 
         Resolution*             For (no.       For     Against (no.   Against   Votes Withheld    Total issued 
                                 of shares)      (%)     of shares)      (%)         (No. of       share capital 
                                                                                     shares)        instructed 
                                                                                                        (%) 
      *denotes a special 
          resolution 
 1. To receive the 
  accounts and the 
  reports of the directors 
  and the auditor for 
  the year ended 31 
  March 2021                   2,855,437,620   100.00      71,899       0.00        603,792           75.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 2. To approve the 
  directors' remuneration 
  report                       2,834,415,311   99.24     21,635,262     0.76         62,738           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 3. To declare a final 
  dividend for the 
  year ended 31 March 
  2021 of US$0.025 
  for each ordinary 
  share                        2,856,111,811   100.00      1,200        0.00          300             76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 4. To re-elect Sunil 
  Bharti Mittal as 
  a director                   2,835,406,479   99.28     20,694,586     0.72         12,246           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 5. To re-elect Raghunath 
  Mandava as a director        2,853,822,746   99.92     2,278,144      0.08         12,421           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 6. To re-elect Andrew 
  Green CBE as a director       749,149,848    99.75     1,842,402      0.25     2,105,121,061        19.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 7. To re-elect Awuneba 
  Ajumogobia as a director      749,551,146    99.81     1,440,429      0.19     2,105,121,736        19.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 8. To re-elect Douglas 
  Baillie as a director         749,173,848    99.76     1,818,402      0.24     2,105,121,061        19.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 9. To re-elect John 
  Danilovich as a director      749,619,801    99.82     1,371,975      0.18     2,105,121,535        19.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 10. To re-elect Annika 
  Poutiainen as a director      749,600,771    99.81     1,390,980      0.19     2,105,121,560        19.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 11. To re-elect Ravi 
  Rajagopal as a director       749,155,543    99.76     1,836,707      0.24     2,105,121,061        19.98% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 12. To elect Kelly 
  Bayer Rosmarin as 
  a director                   2,854,398,585   99.94     1,702,180      0.06         12,546           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 13. To re-elect Akhil 
  Gupta as a director          2,853,804,741   99.92     2,296,324      0.08         12,246           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 14. To re-elect Shravin 
  Bharti Mittal as 
  a director                   2,853,803,541   99.92     2,297,349      0.08         12,421           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 15. To elect Jaideep 
  Paul as a director           2,853,629,568   99.91     2,471,498      0.09         12,245           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 16. To reappoint 
  Deloitte LLP as auditor 
  of the Company               2,855,989,288   100.00      74,142       0.00         49,881           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 17. To authorise 
  the audit committee 
  of the Board to determine 
  the remuneration 
  of the auditor               2,855,937,653   99.99      159,358       0.01         16,300           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 18. To authorise 
  the Company to make 
  political donations 
  and incur political 
  expenditure                  2,720,958,819   99.98      420,053       0.02      134,734,439         72.41% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 19. To authorise 
  the directors to 
  allot ordinary shares        2,853,742,181   99.92     2,352,011      0.08         19,119           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 20. To disapply statutory 
  pre-emption rights*          2,855,563,585   99.98      533,952       0.02         15,774           76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 21. To authorise 
  the directors to 
  hold general meetings 
  on not less than 
  14 clear days' notice*       2,847,194,942   99.69     8,909,395      0.31         8,974            76.00% 
                              --------------  -------  -------------  --------  ---------------  --------------- 
 

Notes:

1. Resolutions 6 to 11 concern the re-election of the independent non-executive directors of the Company. In accordance with the UK Listing Rules, the result of the votes of independent shareholders (that is, excluding controlling shareholders) is as set out above, save that the percentage of issued share capital instructed is 45.43%.

2. As at the date of the AGM, the number of issued ordinary shares of the Company was 3,758,151,504 shares, which was the total number of shares entitling the holders to attend and vote for or against all resolutions.

3. A "Vote withheld" is not a vote in law and is not counted in the calculation of the percentage of shares voted "For" or "Against" any resolution nor in the calculation of the proportion of "Total issued share capital instructed" for any resolution.

4. A copy of resolutions 18 and 21 passed at the AGM will shortly be submitted to the National Storage Mechanism and will be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

5. The full text of the resolutions passed at the AGM can be found in the Notice of Annual General Meeting which is available on the Investor area of Company's website at airtel.africa.

Enquiries

Airtel Africa plc

   Simon O'Hara                    +44 20 7493 9315 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

RAGRAMJTMTABBBB

(END) Dow Jones Newswires

July 15, 2021 11:00 ET (15:00 GMT)

Airtel Africa (LSE:AAF)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Airtel Africa Charts.
Airtel Africa (LSE:AAF)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Airtel Africa Charts.