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Sale of shares by a director of a major subsidiary

Published: 2023-06-26 17:24:30 ET
<<<  go to JSE:VOD company page
Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD        ISIN ZAE000132577
(“Vodacom Group” or “the company”)


Sale of shares by a director of a major subsidiary

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that
Mr Sitholizwe Mdlalose, the CEO of Vodacom (Pty) Limited (Vodacom South Africa), a major subsidiary,
has sold a portion of shares that have vested through the company’s forfeitable share plan to settle the
tax arising from the vesting. The sale of these shares is more fully described below:

Name of major subsidiary:                           Vodacom (Pty) Limited

Name of director of major subsidiary:               S Mdlalose

Designation:                                        CEO: Vodacom South Africa

Number of shares sold:                              21 965

Average price at which shares were sold:            R114.6944 per share

Lowest price per share:                             R114.0500 per share

Highest price per share:                            R115.8700 per share

Value:                                              R2 519 262.50

Date:                                               23 June 2023

Nature of transaction:                              Direct beneficial interest

Clearance:                                          Yes

On market transaction:                              Yes



Midrand

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

26 June 2023