Airtel Africa Plc has confirmed the default currency and options on currency election for the final dividend (recommended by the Board to be 3.9 cents per ordinary share payable on 25 July 2025 to shareholders on the register at of close of business on 20 June 2025).
The arrangements for the final dividend and the currency exchange rates that will be applicable in determining the final dividend payment to any shareholders that qualify for the final dividend payment are set out below
Arrangements for Shareholders that hold their shares on the Nigerian Exchange Limited (NGX):
• Shareholders that hold their shares on the Nigerian Exchange Limited may elect to receive their entire dividend payment in Nigerian naira or U.S. dollars.
• The last date to trade shares in order to be entitled to the dividend is 17 June 2025 (Qualification date).
• 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
• Currency election forms can be found on the website of the Company’s Registrar Coronation.ng or this direct link: Currency Election Form
• The closing date for the dividend currency election to the Company’s Registrars Coronation Registrars Limited in Nigeria is 7 July 2025.
• Shareholders holding their shares on the NGX who do not indicate their currency of choice before 7 July 2025 will receive their dividends in Nigerian naira.
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 = 1589.00 Nigerian naira
1 USD = 0.7426 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 30 May 2025.