Airtel Africa (AAF)

Sector:

Telecom Operators

Index:

FTSE 100

105.80p
   
  • Change Today:
      1.00p
  • 52 Week High: 133.70
  • 52 Week Low: 90.70
  • Currency: UK Pounds
  • Shares Issued: 3,750.76m
  • Volume: 4,135,257
  • Market Cap: £3,968.31m
  • RiskGrade: 259

Airtel Africa tumbles as investors sell 58m shares in placing

By Michele Maatouk

Date: Tuesday 08 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Airtel Africa was under the cosh on Tuesday after funds managed by Warburg Pincus and Morningstar Investment sold 58m shares in the telecommunications group in a placing.
The placing shares represent around 1.5% of Airtel's issued ordinary share capital and the shares were sold at 140p each - a 9.7% discount to the closing share price on Monday - raising gross proceeds of £81.2m.

Citigroup acted as sole global coordinator and bookrunner in connection with the offering.

Airtel Africa will not receive any proceeds from the placing.

At 1105 GMT, the shares were down 9.3% at 140.60p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Airtel Africa Market Data

Currency UK Pounds
Share Price 105.80p
Change Today 1.00p
% Change 0.95 %
52 Week High 133.70
52 Week Low 90.70
Volume 4,135,257
Shares Issued 3,750.76m
Market Cap £3,968.31m
RiskGrade 259

Airtel Africa Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
19.43% below the market average19.43% below the market average19.43% below the market average19.43% below the market average19.43% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income Not Available
Growth
12.12% above the market average12.12% above the market average12.12% above the market average12.12% above the market average12.12% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average

Airtel Africa Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Nov-23 22-Jun-23
Paid 15-Dec-23 26-Jul-23
Amount 2.38¢ 3.27¢

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 1,469,309 @ 105.80p
16:35 767 @ 105.80p
16:35 8,752 @ 105.80p
16:35 10,003 @ 105.80p
16:35 1,825 @ 105.80p

Airtel Africa Key Personnel

Chair Sunil Bharti Mittal

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