Airtel Africa Plc has awarded its Chief Executive Officer, Sunil Taldar, and Chief Financial Officer, Kamal Dua, a combined 794,344 ordinary shares under the company’s Long-Term Incentive Plan (LTIP),l
According to notification filed as a corporate disclosure on the Nigerian Exchange (NGX, the shares, granted at nil cost on 26 June 2026, were valued using a share price of £3.439, the average middle market quotation over the three dealing days to 25 June 2026.
Taldar received the larger allocation, comprising 418,827 shares under Performance Share Awards, 110,218 under Restricted Share Awards, and 79,748 under Deferred Bonus Shares Awards.
Dua’s award totalled 128,381 Performance Shares, 32,095 Restricted Shares, and 25,075 Deferred Bonus Shares.
The figures represent the maximum number of shares that may eventually vest, with actual outcomes tied to performance conditions.
Vesting is set for the third anniversary of the grant date, except for the Deferred Bonus Shares, which vest after two years.
A holding period restricts disposal of the shares until the fifth anniversary of the grant date.
The transactions were disclosed in London, outside a trading venue, and filed in accordance with Article 19(3) of the UK Market Abuse Regulation.
Airtel Africa operates telecommunications and mobile money services across 14 countries in sub-Saharan Africa.
Administrator and Writer
