Helios Towers PLC Directorate Change
January 26 2024 - 3:00AM
RNS Regulatory News
RNS Number : 0412B
Helios Towers PLC
26 January 2024
HELIOS TOWERS plc
Directorate change
London 26
January 2024: Helios Towers plc ('Helios
Towers' or 'the Company'), the independent telecommunications
infrastructure company, today announces that Magnus Mandersson,
Deputy Chair, has confirmed he will not seek re-election as a
Director of the Company and will formally step down at the close of
the Annual General Meeting on Thursday 25 April 2024. A process to
appoint a new Non-Executive Director has begun and an announcement
in that respect will be made in due course.
Sir Sam Jonah,
Chairman of Helios Towers, commented:
"On behalf of the Board, I would like to
express our gratitude to Magnus for his contribution to the
successful growth of the Company since its IPO in 2019. We wish him
well in his future endeavours."
This announcement is made in
accordance with Listing Rule 9.6.11R.
For further information, please
contact:
Investor Relations
Chris Baker-Sams - Head of Strategic
Finance and Investor Relations
+44 (0)752 310 1475
Media Relations
Edward Bridges / Rob Mindell FTI
Consulting LLP
+44 (0)20 3727 1000
About Helios
Towers
·
Helios Towers is a leading independent telecommunications
infrastructure company, having established one of the most
extensive tower portfolios across Africa and the Middle East. It
builds, owns and operates telecom passive infrastructure, providing
services to mobile network operators.
·
Helios Towers owns and operates over 14,000 telecommunication tower sites in nine
countries across Africa and the Middle East.
·
Helios Towers pioneered the model in Africa of buying towers
that were held by single operators and providing services utilising
the tower infrastructure to the seller and other operators. This
allows wireless operators to outsource non-core tower-related
activities, enabling them to focus their capital and managerial
resources on providing higher quality services more
cost-effectively.
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END
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