Airtel units new denominator for voting rights calculation, updates shareholders in September 

Airtel Africa has introduced that shareholders ought to use 3,648,813,589 models because the denominator when calculating their proportion voting rights within the firm.

The disclosure, signed by Simon O’Hara, Group Firm Secretary, was not too long ago printed on the Nigerian Change and communicated to London.

In accordance with the corporate, the replace was made to adjust to the UK Monetary Conduct Authority’s (FCA) Disclosure Steerage and Transparency Guidelines, serving as an replace to shareholders.

As of August 31, 2025, Airtel Africa’s issued share capital was 3,656,302,633 abnormal shares of USD 0.50 every, however this complete consists of 7,489,044 treasury shares that carry no voting rights.

Due to this fact, according to FCA necessities, Airtel clarified that the efficient variety of voting shares out there to shareholders is 3,648,813,589, excluding treasury shares.

Shareholders can decide their voting rights by dividing the variety of shares they maintain by this complete voting determine (3,648,813,589) and multiplying by 100 to reach at their proportion.

Market development

Airtel Africa has fairness devices listed on each the London Inventory Change and the Nigerian Change in Lagos.

• In London, Airtel Africa Plc (ticker: AAF) trades on the Premium Phase and has delivered a year-to-date achieve of greater than 90% in 2025.
• On the Nigerian Change, the corporate is represented by AIRTELAFRI, a secondary itemizing that permits native buyers to entry Airtel with out going by way of London. This instrument has posted a extra modest 7% achieve thus far this yr.

Each listings are on a bullish development in 2025, although liquidity is way greater in London, the place AAF has recorded buying and selling volumes of about 689 million shares in contrast with simply 857,490 models for AIRTELAFRI.

Particularly for AAF, the sturdy efficiency has possible been influenced by bettering monetary outcomes, with Airtel Africa reporting a pretax revenue of $273 million for the interval ended June 30, 2025.

Efficiency 

Airtel Africa’s Q1 2025/2026 outcomes for the interval ended June 30, 2025, confirmed a pre-tax revenue of $273 million, up 269% year-on-year and already accounting for 41% of the group’s complete revenue for the whole 2024/2025 monetary yr.

Income reached $1.4 billion, up 24.9% in fixed forex and 22.4% in reported forex, supported by easing forex pressures over the previous three quarters.

• The customer base expanded by 9% to 169.4 million, highlighting continued market progress.
• Knowledge subscribers grew 17.4% to 75.6 million, with information companies now overtaking voice as the biggest income supply, contributing 38.8% in comparison with 37.67% for voice.
• Cell cash subscribers rose to 45.8 million.

The corporate famous that the quicker constant-currency income progress in contrast with the earlier quarter was boosted by tariff changes in Nigeria and powerful leads to Francophone Africa.

Sunil Taldar, Chief Govt Officer of Airtel Africa, commented: 

“We’re more than happy with the sturdy progress in our working and monetary efficiency within the first quarter. The size of this progress displays sustained demand for our companies and the energy of our enterprise mannequin to satisfy these calls for.”