Welcome to our dedicated page for Ihs Holding SEC filings (Ticker: IHS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
IHS Holding Limited filings document its reporting as a foreign issuer that files annual reports on Form 20-F and furnishes current reports on Form 6-K. The disclosures cover IHS Towers’ shared communications infrastructure business, consolidated financial statements, management discussion and analysis, operating results, non-IFRS measures, leverage metrics and continuing and discontinued operations.
Company filings also record material events involving governance changes, board composition, shareholder matters, capital-structure disclosure and portfolio transactions. Recent 6-K reports include exhibits for financial results, interim financial statements and the completed sale of the company’s stake in I-Systems, while annual reporting provides broader business, risk and governance disclosure for its emerging-market tower and infrastructure operations.
IHS Holding Limited reported stronger first-quarter 2026 results and detailed major strategic transactions. Revenue from continuing operations rose to $415.4m from $392.1m, while income from continuing operations increased to $67.1m. Including discontinued operations, income reached $77.0m, with basic income per share of $0.23.
Net cash from operating activities improved to $228.6m, lifting cash and cash equivalents to $966.5m as of March 31, 2026, against total borrowings of $3,241.6m. The Latam tower and fiber businesses are classified as discontinued operations and held for sale, with related assets of $1,504.9m and liabilities of $513.4m.
The company signed agreements to sell its 51.0% stake in I-Systems to TIM S.A. and its Latam tower operations to Macquarie Asset Management, with the tower sale reflecting an enterprise value of about $952m. It also entered into a merger agreement under which MTN Group will acquire IHS for $8.50 per share in cash, subject to shareholder and regulatory approvals and completion of the Latam disposals.
IHS Holding Limited reported a much stronger first quarter of 2026, combining revenue growth with a sharp jump in profitability and cash generation. Revenue from continuing operations rose to $415.4 million, up 6.0% year-on-year, while revenue from discontinued Latin America operations reached $51.8 million, up 9.0%.
Income for the period increased to $77.0 million from $30.7 million, helped by favorable Naira movements that boosted finance income and translated revenues, partly offset by higher administrative costs linked to share-based payments, tax impairments and merger-related expenses. Adjusted EBITDA grew 6.4% to $268.7 million, and ALFCF rose 15.8% to $173.5 million, supported by lower net interest paid and strong cash from operations of $244.9 million.
IHS continued reshaping its portfolio, progressing disposals in Latin America and completing the sale of its 51.0% stake in I-Systems to TIM S.A. The Company also highlighted the proposed sale of IHS Towers to MTN Group Limited, and ended the quarter with $966.5 million of cash and a reduced consolidated net leverage ratio of 2.9x.
IHS Holding Limited, through its subsidiary IHS Fiber Brasil, has completed the sale of its 51.0% stake in Brazilian fiber company I-Systems Soluções de Infraestrutura S.A. to TIM S.A., which already owned the remaining 49% of I-Systems.
The transaction exits IHS from this shared optical fiber network venture in Brazil while it continues to focus on its tower portfolio of over 37,000 towers across seven emerging markets, including Brazil, Nigeria and South Africa. J.P. Morgan acted as financial advisor to IHS Towers.
IHS Holding Limited reported a change in its Board of Directors. Effective April 29, 2026, co-founder William Saad was appointed as an executive director. He already serves as Executive Vice President and Group Chief Operating Officer, so he is moving into a formal Board role.
Mr. Saad replaces Bashir El-Rufai, who resigned from the Board effective the same date. The company stated that Mr. El-Rufai’s resignation was not due to any dispute or disagreement over operations, policies, or practices, and expressed appreciation for his service.
IHS Holding Ltd officer William Saad reported equity compensation-related transactions involving restricted stock units and ordinary shares. On April 6, 2026, he exercised 13,298 restricted stock units, each convertible into one ordinary share, resulting in the acquisition of 13,298 ordinary shares. The filing also shows a separate grant or award of 132,012 ordinary shares as additional compensation, all at a stated price of $0.00 per share.
After these transactions, Saad directly held 422,004 ordinary shares. The filing also lists an indirect holding of 3,466,169 ordinary shares held "By Trust." Footnotes state the RSUs had fully vested, meaning the underlying shares were earned under prior compensation terms rather than bought on the open market.
IHS Holding Ltd EVP and CFO Stephen J. Howden reported compensation-related share activity and tax-cover sales. On April 6, 2026, 9,570 restricted stock units converted into the same number of Ordinary Shares at no cost, and he received a separate grant of 94,992 Ordinary Shares.
On April 7, 2026, Howden sold a total of 49,212 Ordinary Shares at a weighted average price of $8.2471 per share. According to the disclosure, these sales were made solely to cover taxes due upon the vesting of RSUs and performance stock units and were executed under a mandatory Rule 10b5-1 trading instruction. After these transactions, he directly held 314,912 Ordinary Shares.
IHS Holding Ltd executive Mustafa Tharoo, EVP and Group General Counsel, exercised fully vested restricted stock units into 10,224 Ordinary Shares, reflecting a routine conversion of equity awards. He also received a separate compensation-related award of 101,495 Ordinary Shares. Following these acquisitions, he directly holds 778,874 Ordinary Shares, with no shares sold and no remaining derivative position disclosed.
IHS Holding Ltd officer Oyinlola Ayotade increased equity holdings through stock compensation on April 6, 2026. The officer exercised 8,854 Restricted Stock Units at no cash exercise price, receiving 8,854 Ordinary Shares as the RSUs fully vested.
In a separate grant, the officer received 87,889 additional Ordinary Shares as a stock award, also at no cash cost. After these transactions and a 10-share correction to prior reporting, the officer directly owns 398,279 Ordinary Shares, with no remaining RSUs shown in this filing.
IHS Holding Ltd executive Darwish Mohamad reported routine equity compensation activity and related tax-cover sales. On April 6, 2026, he exercised 10,224 Restricted Stock Units into the same number of Ordinary Shares at a conversion price of $0.00, and separately received a grant of 101,495 Ordinary Shares at no cost.
On April 7, 2026, he sold 2,560 and 25,412 Ordinary Shares at a weighted average price of $8.2386 per share. Footnotes state these sales were to cover taxes upon the vesting of RSUs and performance stock units under a mandatory Rule 10b5-1 trading instruction. The filing also reports 1,620,294 Ordinary Shares held indirectly by a trust.
IHS Holding Ltd Chairman and CEO Sam Darwish reported compensation-related share activity and tax-driven sales. On 6 April 2026, he received a grant of 412,544 Ordinary Shares at no cost and exercised 41,557 Restricted Stock Units, each converting into one Ordinary Share after fully vesting.
On 7 April 2026, he sold 124,275 Ordinary Shares at a weighted average price of $8.2386 per share to cover taxes due upon vesting of RSUs and performance stock units, under a mandatory Rule 10b5-1 trading instruction. After these trades, he holds 735,667 Ordinary Shares directly and 12,746,233 Ordinary Shares indirectly through trusts.