Airtel Money Commencement of Retail Offer

RNS Number : 3100X

Airtel Mobile Commerce N.V.

02 October 2026

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA), CANADA, AUSTRALIA, NEW ZEALAND, SOUTH AFRICA OR JAPAN, OR ANY JURISDICTION WHERE, OR TO ANY OTHER PERSON TO WHOM, TO DO SO MIGHT CONSTITUTE A VIOLATION OR BREACH OF ANY APPLICABLE LAW OR REGULATION. PLEASE SEE THE IMPORTANT NOTICES AT THE END OF THIS ANNOUNCEMENT

 

THIS ANNOUNCEMENT AMOUNTS TO A FINANCIAL PROMOTION FOR THE PURPOSES OF SECTION 21 OF THE FINANCIAL SERVICES AND MARKETS ACT 2000 (“FSMA”) AND HAS BEEN APPROVED BY RETAIL BOOK LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY (FRN 994238). THIS FINANCIAL PROMOTION IS NOT INTENDED TO BE INVESTMENT, TAX OR LEGAL ADVICE.

 

This announcement is an advertisement for the purposes of rule 12.1.4 of the Prospectus Rules: Admission to Trading on a Regulated Market sourcebook of the Financial Conduct Authority (the “FCA”) made under section 73A of the FSMA and is not a prospectus nor an offer of securities for sale or subscription, nor a solicitation of an offer to acquire or subscribe for securities, in any jurisdiction, including in or into the United States, Canada, Australia, New Zealand, South Africa or Japan.

 

Investors should not subscribe for or purchase any shares referred to in this announcement except solely on the basis of the information contained in the prospectus approved by the FCA (together with any supplementary prospectus, if relevant, the “Prospectus”), including the risk factors set out therein, published by Airtel Mobile Commerce N.V. (the “Company” and, together with its subsidiaries, the “Group” or “Airtel Money”) in connection with the offer of ordinary shares in the Company (the “Shares”) and admission of such Shares to the equity shares (commercial companies) category of the Official List of the FCA and to trading on the Main Market for listed securities of London Stock Exchange plc. A copy of the Prospectus published by the Company is available for inspection on the Company’s website at https://ipo.airtelmoney.com, subject to certain access restrictions.

 

2 October 2026

 

Airtel Mobile Commerce N.V.

 

 

Launch of Retail Offer

 

• Following the publication of the Prospectus in connection with its initial public offering, Airtel Money is pleased to announce the launch of a public offer of Shares to retail investors resident and physically present in the United Kingdom via RetailBook (the “Retail Offer”);
• The price for the Offer has been set at £1.96 per Share, implying an estimated market capitalisation at Admission of £5.3 billion (approximately US$ 7.0 billion).
• Investors can take part through RetailBook’s partner network of retail brokers, wealth managers and investment platforms (“Intermediaries”) (subject to such Intermediary’s participation);
• Applications for Shares through these partners can be made from tax efficient savings vehicles such as Individual Savings Accounts (“ISAs”) or Self Invested Personal Pensions (“SIPPs”), as well as General Investment Accounts (“GIAs”) (to the extent permitted by such Intermediary and applicable laws and restrictions, and provided that such application is successful);
• There is a minimum application of £250 per investor in the Retail Offer;
• No commission will be charged by RetailBook on applications to the Retail Offer;
• Brokers wishing to offer their customers access to the Retail Offer and future RetailBook transactions, should contact partners@retailbook.com;
• UK investors that wish to receive alerts for future RetailBook transactions should sign up here: https://www.retailbook.com/get-started;
• For more information on how to participate in the Retail Offer, the Prospectus and access to a retail flyer and management video in connection with the Offer, please visit https://ipo.airtelmoney.com or https://app.retailbook.com/offers/airtel-money

 

The Retail Offer

 

The Retail Offer is being made on the basis outlined in the Prospectus, alongside an offer of Shares to certain institutional investors (the “Institutional Offer”).

 

Certain terms and conditions of the Retail Offer are set out in Part 17 of the Prospectus.

 

Further information on the Company and its business is set out in the Prospectus, which is available, subject to certain access restrictions, on the Company’s website at https://ipo.airtelmoney.com, the National Storage Mechanism at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and on https://app.retailbook.com/offers/airtel-money and from participating Intermediaries, subject to applicable securities laws and regulations.

 

Expected Retail Offer Timetable

 

Launch of the Retail Offer	Immediately after publication of this announcement
Latest time and date for receipt of Intermediary Applications in respect of the Retail Offer (Retail Offer closes)	5:00 p.m. on 8 October 2026
Retail Offer results announcement	9 October 2026
Admission and commencement of unconditional dealings on the London Stock Exchange	8:00 a.m. on 14 October 2026

All dates are indicative and subject to change. All times are London time.

 

Accessing the Retail Offer

 

Investors can participate through RetailBook’s partner network of Intermediaries, subject to such Intermediaries’ participation. More information on how to apply to participate in the Retail Offer (including a full list of RetailBook’s distribution partners) can be found here: https://app.retailbook.com/offers/airtel-money.

 

Applications for Shares through participating partners can be made from tax efficient savings vehicles such as ISAs or SIPPs, as well as GIAs (to the extent permitted by the relevant partner and applicable laws and restrictions, and provided that such application is successful). Investors wishing to apply using their ISA, SIPP or GIA should contact their Intermediary for details of their terms and conditions, process and any relevant fees or charges.

 

The Shares are fully paid and will rank pari passu in all respects with the Shares to be sold pursuant to the Institutional Offer including the right to receive all dividends and other distributions declared, made or paid after the date of sale.

 

Brokers wishing to offer their customers access to the Retail Offer and future RetailBook transactions, should contact partners@retailbook.com. UK Investors that wish to receive alerts for future RetailBook transactions should sign up here: https://www.retailbook.com/get-started.

 

Eligibility for the Retail Offer

 

To be eligible to participate in the Retail Offer, applicants must be a customer of an Intermediary.

 

Eligible investors wishing to purchase Shares should contact their investment platform, retail broker or wealth manager to confirm if they are participating in the Retail Offer.

 

Some Intermediaries may only accept applications from existing customers.

 

There is a minimum application of £250 per investor. The terms and conditions on which investors apply will be provided by the Intermediaries including relevant commission or fee charges. Note, no commission will be charged to investors by RetailBook in connection with the Retail Offer.

 

The Company reserves the right to scale back any order under the Retail Offer at its discretion. The Company reserves the right to reject any application for purchase under the Retail Offer without giving any reason for such rejection.

 

Investors should make their own investigations into the merits of an investment in the Company. Nothing in this announcement amounts to a recommendation to invest in the Company or amounts to investment, taxation, financial, accounting or legal advice.

 

It should be noted that a purchase of Shares and investment in the Company carries a number of risks. Investors should take independent advice from a person experienced in advising on investment in securities such as the Shares if they are in any doubt.

 

An investment in the Company will place capital at risk. The value of your investment in the Company and any income from it is not guaranteed and can go down as well as rise due to stock market and currency movements. When you sell your investment, you may get back less than the amount originally invested.

 

Neither past performance nor any forecasts should be considered a reliable indicator of future results.

 

This announcement should be read in its entirety. In particular, the information in the “Important Notices” section of the announcement should be read and understood.

 

Enquiries

 

Airtel Mobile Commerce N.V. Andreas Goldau	IR@airtelmoney.com
RetailBook Limited Nick Smith, James Deal	capitalmarkets@retailbook.com
Teneo, PR adviser James Macey White, Ed Cropley, Laura Marshall	AirtelMoney@teneo.com

 

Further information on the Company can be found on its website at https://ipo.airtelmoney.com.

 

 

Important Notices

 

The contents of this announcement, which has been prepared by and is the sole responsibility of the Company, have been approved by Retail Book Limited (“RetailBook”) solely for the purposes of section 21(2)(b) of FSMA.

 

Any subscription for or purchase of Shares in the Offer should be made solely on the basis of the information contained in the Prospectus published by the Company in connection with the Offer. However, potential investors should note that the approval by the FCA of any Prospectus published by the Company should not be understood as an endorsement by the FCA of any securities offered or admitted to trading on a regulated market.

 

The information in this announcement is subject to change and does not purport to be full or complete. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. Before subscribing for or purchasing any Shares, persons viewing this announcement should read the Prospectus published by the Company and ensure that they fully understand and accept the risks associated with a decision to invest in Shares. This announcement shall not constitute, or form part of, any offer or invitation to sell, or any solicitation of any offer to acquire, any Shares or any other securities, nor shall it (or any part of it), or the fact of its distribution, form the basis of, or be relied on in connection with, or act as any inducement to enter into, any contract or commitment whatsoever.

 

This announcement is not for publication or distribution, directly or indirectly, in whole or in part, in or into or from the United States (including its territories or possessions or any State of the United States and the District of Columbia, together the “United States”). This announcement is not an offer of securities for sale into the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “US Securities Act”), or in the securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, pledged, delivered, distributed or otherwise transferred, directly or indirectly, in the United States, except to qualified institutional buyers (“QIBs”) as defined in, and in reliance on, Rule 144A under the Securities Act (“Rule 144A”) or pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act. No public offering of securities is being made in the United States.

 

This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into or from Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA or any other jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction.

 

This announcement does not constitute a prospectus or form part of any offer to sell or issue or a solicitation of an offer to buy or subscribe for Shares in Australia, Canada, New Zealand, Japan, the Republic of South Africa, any member state of the EEA or any other jurisdiction in which such offer or solicitation is or may be unlawful. No public offer of the securities referred to herein is being made in any such jurisdiction.

 

The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

 

RetailBook is a proprietary technology platform owned and operated by Retail Book Limited (registered address at 10 Queen Street Place, London EC4R 1AG). Retail Book Limited is authorised and regulated in the United Kingdom by the FCA (FRN 994238).

 

The value of Shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your investment, you may get back less than you originally invested. Figures may refer to past performance and past performance is not a reliable indicator of future results. Returns may increase or decrease as a result of currency fluctuations.

 

Certain statements in this announcement are forward-looking statements which are based on the Company’s expectations, intentions and projections regarding its future performance, anticipated events or trends and other matters that are not historical facts. These forward-looking statements, which may use words such as “aim”, “anticipate”, “believe”, “intend”, “estimate”, “expect” and words of similar meaning, include all matters that are not historical facts. These forward-looking statements involve risks, assumptions and uncertainties that could cause the actual results of operations, financial condition, liquidity and dividend policy and the development of the industries in which the Company’s businesses operate to differ materially from the impression created by the forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Given those risks and uncertainties, prospective investors are cautioned not to place undue reliance on forward-looking statements.

 

These forward-looking statements speak only as at the date of this announcement and cannot be relied upon as a guide to future performance. None of the Company, RetailBook nor any other person accepts (and they expressly disclaim) any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect actual results or any change in the assumptions, conditions or circumstances on which any such statements are based unless required to do so by the FCA, the London Stock Exchange or applicable law.

 

The information in this announcement is for background purposes only and does not purport to be full or complete. None of RetailBook or any of its affiliates, nor any other person, accepts any responsibility or liability whatsoever for, or makes any representation or warranty, express or implied, as to this announcement, including the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of the announcement or its contents or otherwise arising in connection therewith. RetailBook and its affiliates, and any other person involved with the Offer accordingly disclaim all and any liability whether arising in tort, contract or otherwise which they might otherwise be found to have in respect of this announcement or its contents or otherwise arising in connection therewith.

 

No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean that earnings or target dividend per share of the Company for the current or future financial years would necessarily match or exceed the historical published earnings or dividends per share of the Company.

 

Neither the content of the Company’s website (or any other website) nor the content of any website accessible from hyperlinks on the Company’s website (or any other website) is incorporated into or forms part of this announcement. The Shares to be issued or sold pursuant to the Retail Offer will not be admitted to trading on any stock exchange other than the London Stock Exchange.

 

No other documents or materials are incorporated into, or form part of this financial promotion and RetailBook has not carried out any verification or due diligence in respect of any such other documents.

 

END

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