IHS Holding announces results of 2024 annual meeting

IHS Holding announced the results of its 2024 Annual Meeting of Shareholders. At the Annual General Meeting, all the proposals put to the vote of shareholders were adopted, including the re-election of Frank Dangeard, Phuthuma Nhleko, Mallam Bashir El-Rufai and Nicholas Land as Independent Directors until the Company’s 2025 AGM, and the proposal to amend and restate the Company’s memorandum and articles of association, with the following key items now also included in the second amended and restated articles: declassify the Company’s Board in two phases, with the periods extending through AGMs for fiscal years 2024 and 2025; reduce the threshold for shareholders to nominate directors from 30% previously to 10%, on an individual shareholder basis following the AGM for fiscal year 2024, and on an aggregate basis following the fiscal year AGM for 2025; reduce the threshold for shareholders to bring business before a general meeting from 30% previously to 10%, on an individual shareholder basis following the AGM for fiscal year 2024 and on an aggregate basis following the AGM for 2025; introduce a new right for shareholders owning at least 25% of shares to request a general meeting following the AGM for fiscal year 2025; and reduce the threshold to remove directors from requiring a special resolution previously to an ordinary resolution.