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Airtel Africa PLC - telecommunications and mobile money services provider in 14 countries in Africa - Shravin Bharti Mittal buys 2.5 million shares via Indian Continent Investment Ltd at £0.97 and £0.98, worth £2.4 million, on Thursday and Friday last week. Airtel is majority-owned by Bharti Airtel PLC, an Indian multinational firm and subsidiary of Bharti Global PLC. Bharti Global is the investment arm of the Bharti family and also owns Mauritius-based private equity firm Indian Continent. Mittal is Bharti Global’s managing director. The latest purchases bring Indian Continent’s total share purchases in November to 7.1 million.
Current stock price: 107.01 pence
12-month change: down 4.8%
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