Enhanced Investments - Financial Portal

Dealing in securities by a director of MTN's major subsidiary

Published: 2023-04-19 18:37:26 ET

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN or the Company)

DEALING IN SECURITIES BY A DIRECTOR OF MTN’S MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements we hereby
announce the following transaction in MTN securities by a director of MTN’s major subsidiary.

Name of Director:                                Paul Deon Norman

Designation:                                     Director of Mobile Telephone Networks
                                                 Proprietary Limited

Date of transaction:                             14 April 2023

Number of shares sold:                           40 000

Class of security:                               MTN ordinary shares of 0.01 cents each

Price at which shares were sold:                 R130.7402

Total value of the transaction:                  R5,229,608.00

Nature of transaction:                           On-market sale of shares

Nature of interest:                              Direct beneficial



Prior clearance to deal in the above-mentioned transactions was obtained in accordance with MTN`s
policy as well as the Listings Requirements of the JSE Limited.

Fairland

19 April 2023

Lead Sponsor

J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor

Tamela Holdings Proprietary Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.