IHS Holding EVP reports initial share ownership

IHS Holding Ltd executive Mohamad Darwish, EVP and CEO of IHS Nigeria, filed an initial ownership report showing his equity stake in the company.

Rhea-AI Filing Summary

IHS Holding Ltd executive Mohamad Darwish, EVP and CEO of IHS Nigeria, filed an initial ownership report showing his equity stake in the company. He holds 307,889 Ordinary Shares directly and 1,620,294 Ordinary Shares indirectly through a trust, along with multiple Restricted Stock Unit awards.

The RSUs are each convertible into one Ordinary Share and vest over time. Awards cover 31,182 shares vesting on March 15, 2027, 66,667 shares vesting in equal installments on March 18, 2027 and March 18, 2028, and 10,224 shares vesting on April 6, 2026.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Darwish Mohamad

Role EVP, IHS Nigeria CEO

Type	Security	Shares	Price	Value
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Ordinary Shares	--	--	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Restricted Stock Units — 108,073 contracts (Direct); Ordinary Shares — 307,889 shares (Direct); Ordinary Shares — 1,620,294 shares (Indirect, By Trust)

Footnotes (3)

1. F1. Each RSU represents a contingent right to receive one Ordinary Share. The RSUs will vest on March 15, 2027.
2. F2. Each RSU represents a contingent right to receive one Ordinary Share. The RSUs will vest in equal annual installments on March 18, 2027 and March 18, 2028.
3. F3. Each RSU represents a contingent right to receive one Ordinary Share. The RSUs will vest on April 6, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 3 filing show for IHS (IHS) executive Mohamad Darwish?

The Form 3 shows Mohamad Darwish’s initial ownership in IHS Holding Ltd, including directly held Ordinary Shares, shares held indirectly through a trust, and several Restricted Stock Unit awards that convert into Ordinary Shares as they vest over time.

How many IHS (IHS) Ordinary Shares does Mohamad Darwish hold directly and indirectly?

Mohamad Darwish holds 307,889 Ordinary Shares directly and 1,620,294 Ordinary Shares indirectly through a trust. These positions reflect his reported equity interest in IHS Holding Ltd as of the Form 3 filing date, separate from any unvested RSU awards.

What Restricted Stock Units does Mohamad Darwish report in IHS (IHS)?

He reports three RSU awards, each representing the right to receive one Ordinary Share. They cover 31,182 shares, 66,667 shares, and 10,224 shares, providing additional future equity exposure once the vesting conditions are satisfied on specified dates.

When do Mohamad Darwish’s IHS (IHS) RSU awards vest?

The reported RSUs vest on specific future dates: 31,182 RSUs vest March 15, 2027; 66,667 RSUs vest in equal annual installments on March 18, 2027 and March 18, 2028; and 10,224 RSUs vest on April 6, 2026, subject to award terms.

Does the IHS (IHS) Form 3 show any recent share purchases or sales by Mohamad Darwish?

The data reflects holdings and RSU positions but no classified purchases or sales. Transaction codes are listed as unknown, and the summary shows neutral net buy/sell activity, indicating this filing is primarily an initial ownership disclosure rather than a trade report.

How are Mohamad Darwish’s IHS (IHS) RSUs structured?

Each RSU represents a contingent right to receive one Ordinary Share of IHS Holding Ltd. They carry an exercise price of $0.0000 and vest on the stated future dates, after which they can be settled in shares according to the award terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/18/2026 - 04:16 PM Learn about SEC filing dates

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Darwish Mohamad

(Last) (First) (Middle)

1 CATHEDRAL PIAZZA

123 VICTORIA STREET

(Street)

LONDON SW1E 5BP

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
IHS Holding Ltd [ IHS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, IHS Nigeria CEO

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	307,889	D
Ordinary Shares	1,620,294	I	By Trust

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	(1)	Ordinary Shares	31,182	(1)	D
Restricted Stock Units	(2)	(2)	Ordinary Shares	66,667	(2)	D
Restricted Stock Units	(3)	(3)	Ordinary Shares	10,224	(3)	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one Ordinary Share. The RSUs will vest on March 15, 2027.

2. Each RSU represents a contingent right to receive one Ordinary Share. The RSUs will vest in equal annual installments on March 18, 2027 and March 18, 2028.

3. Each RSU represents a contingent right to receive one Ordinary Share. The RSUs will vest on April 6, 2026.

	/s/ Mohamad Darwish	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)