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Vesting and sale of forfeitable shares by directors of a major subsidiary

Published: 2022-08-10 17:32:56 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”)


Vesting and sale of forfeitable shares by directors of a major subsidiary

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that
Vodacom Group shares awarded to the following directors of Vodacom (Pty) Limited (Vodacom South Africa), a
major subsidiary, in terms of the company’s forfeitable share plan have vested, and a portion of the vested shares
have been sold 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:                     JJC Mendes

Designation:                                              Chief Officer: Commercial Business Unit

Number of shares sold:                                    19 504

Average price at which shares were sold:                  R136.6249 per share

Lowest price per share:                                   R135.76 per share

Highest price per share:                                  R140.00 per share

Value:                                                    R2 664 732.05

Date:                                                     8 August 2022

Nature of transaction:                                    Direct beneficial interest

Clearance:                                                Yes

On market transaction:                                    Yes



Name of major subsidiary:                                 Vodacom (Pty) Limited

Name of director of major subsidiary:                     PW Mzimba

Designation:                                              Chief Officer: Vodacom Business

Number of shares sold:                                    11 867

Average price at which shares were sold:                  R136.6249

Lowest price per share:                                   R135.76 per share

Highest price per share:                                  R140.00 per share

Value:                                                    R1 621 327.69

Date:                                                     8 August 2022

Nature of transaction:                                    Direct beneficial interest

Clearance:                                                Yes

On market transaction:                                    Yes
Name of major subsidiary:                            Vodacom (Pty) Limited

Name of director of major subsidiary:                B Ngwenya

Designation:                                         Vodacom South Africa: Technology Director

Number of shares sold:                               7 846

Average price at which shares were sold:             R136.6249

Lowest price per share:                              R135.76 per share

Highest price per share:                             R140.00 per share

Value:                                               R1 071 958.97

Date:                                                8 August 2022

Nature of transaction:                               Direct beneficial interest

Clearance:                                           Yes

On market transaction:                               Yes



Name of major subsidiary:                            Vodacom (Pty) Limited

Name of director of major subsidiary:                RS Nkabinde

Designation:                                         Financial Director

Number of shares sold:                               4 808

Average price at which shares were sold:             R136.6249

Lowest price per share:                              R135.76 per share

Highest price per share:                             R140.00 per share

Value:                                               R656 892.52

Date:                                                8 August 2022

Nature of transaction:                               Direct beneficial interest

Clearance:                                           Yes

On market transaction:                               Yes



Midrand

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

10 August 2022