IHS Holding Ltd 6-K, filed Sep 8, 2023
IHS Holding Ltd (IHS)
About this 6-K
IHS Holding Ltd filed this 6-K on September 8, 2023.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2023
Commission File Number: 001-40876
IHS Holding Limited
(Translation of registrant’s name into English)
1 Cathedral Piazza
123 Victoria Street
London SW1E 5BP
United Kingdom
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
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Exhibit Index
Exhibit |
| Description |
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99.1 | | Announcement of IHS Holding Limited, dated September 8, 2023. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| IHS Holding Limited | |
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Date: September 8, 2023 | By: | /s/ Steve Howden |
| | Steve Howden |
| | Executive Vice President and Chief |
| | Financial Officer |
Exhibit 99.1
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IHS Holding Issues Statement Regarding Renewals in Nigeria
September 8, 2023, London: IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today issued the following statement:
On September 7, 2023, MTN Nigeria Communications PLC (MTN) issued a statement that it has selected ATC Nigeria Wireless Infrastructure Solutions Limited to provide services to approximately 2,500 sites that are currently managed by IHS Nigeria Limited, a subsidiary of IHS Holding Limited (“IHS Towers” or the “Company) pursuant to lease agreements that are due to expire in 2024 and 2025.
IHS has multiple contracts with MTN for the use of our towers in Nigeria, one of which (with IHS Nigeria Limited (“IHSN”)) includes approximately 4,100 towers of which approximately 2,000 expire on December 31, 2024, and approximately 500 during the course of 2025, with the remaining expiring between 2026 and 2031.
In 2Q23, the approximately 2,500 towers expiring through December 2025 generated approximately $45 million in revenue from MTN (using an average FX rate of Naira 508 to the US dollar). The remaining MTN contracts in Nigeria expire in December 2024, December 2029 and July 2035.
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