Try our mobile app
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 DIRECTORS, COMPANY SECRETARIES, AND PRESCRIBED OFFICERS OF
MTN AND ITS MAJOR SUBSIDIARIES AND THE 2010 PERFORMANCE SHARE PLAN EMPLOYEE SCHEME
In compliance with paragraphs 3.63 – 3.66 and 3.92 of the JSE Limited Listings Requirements (Listings
Requirements), we hereby announce the following transactions in MTN securities pursuant to a
vesting of shares in accordance with the Performance Share Plan (PSP).
Highest Price: 124.71
Lowest Price: 123.23
Name of Director/Prescribed Officer: Ralph Mupita
Office held: Group President and CEO
Name of company: MTN
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance Share
Plan, sale of a portion to settle associated tax
liability and sale of a portion for cash.
Date of transactions: 28 March 2025 to 31 March 2025
Number of shares vested: 147,949
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 100,190
Price at which shares were sold: R124.5954
Total value of transaction: R12,483,213.00
Number of shares retained: 47,759
Price at which shares were retained: R124.5954
Total value of the retention: R5,950,552.00
Nature of interest: Direct beneficial
Sensitivity: MTN Internal
Name of Director/Prescribed Officer: Tsholofelo Molefe
Office held: Group Chief Financial Officer
Name of company: MTN
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance Share
Plan.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 70,311
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 70,311
Price at which shares were sold: R124.5954
Value of transaction: R8,760,427.00
Nature of interest: Direct beneficial
Name of Director/Prescribed Officer: Karl Toriola
Office held: MTN Nigeria CEO
Name of company: MTN Nigeria Communications PLC
Nature of transaction: Vesting and sale of shares awarded to employee
in accordance with the MTN Performance Share
Plan.
Date of transactions: 28 March 2025 to 31 March 2025
Number of shares vested: 35,086
Number of shares sold: 35,086
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R124.5954
Total value of the transaction: R4,371,554.00
Nature of interest: Direct beneficial
Sensitivity: MTN Internal
Name of Director/Prescribed Officer: Charles Molapisi
Office held: MTN South Africa CEO
Name of company: Mobile Telephone Networks Pty Limited
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance Share
Plan.
Date of transactions: 28 March 2025 to 31 March 2025
Number of shares vested: 40,572
Number of shares sold: 40,572
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold R124.5954
Total value of the transaction: R5,055,085.00
Nature of interest: Direct beneficial
Name of Director *Jens Schulte Bockum
Office held: Director of major subsidiaries
Name of company: Mobile Telephone Network Proprietary Limited
MTN Nigeria Communications PLC
Nature of transactions: Vesting and sale of shares awarded to employee
in accordance with the MTN Performance Share
Plan.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 64,195
Number of shares sold: 64,195
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R124.5954
Total value of the transaction: R7,998,402.00
Sensitivity: MTN Internal
Nature of interest: Direct beneficial
Name of Director: Paul Norman
Office held: Director of major subsidiary
Name of company: Mobile Telephone Network Proprietary Limited
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance Share
Plan.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 39,261
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 39,261
Price at which shares were sold: R124.5954
Value of transaction: R4,891,740.00
Nature of interest: Direct beneficial
Name of Director: Ferdi Moolman
Office held: Director of major subsidiaries
Name of company: Mobile Telephone Network Proprietary Limited
MTN Nigeria Communications PLC
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance Share
Plan.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 44,781
Number of shares sold: 44,781
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R124.5954
Sensitivity: MTN Internal
Total value of the transaction: R5,579,507.00
Nature of interest: Direct beneficial
Name of Prescribed Officer: Ebenezer Asante
Office held: Prescribed officer, Senior Vice President,
Markets
Name of company: MTN
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance Share
Plan.
Date of transactions: 28 March 2025 to 31 March 2025
Number of shares vested: 55,890
Number of shares sold 55,890
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares R124.5954
were sold:
Total value of the transaction: R6,963,637.00
Nature of interest: Direct beneficial
Name of Director: Modupe Kadri
Office held: Director of a major subsidiary
Name of company: MTN Nigeria Communications PLC
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance Share
Plan.
Date of transactions: 28 March 2025 to 31 March 2025
Number of shares vested: 10,453
Number of shares sold: 10,453
Class of security: MTN ordinary shares of 0.01 cents each
Sensitivity: MTN Internal
Price at which shares were sold: R124.5954
Total value of the transaction: R1,302,396.00
Nature of interest: Direct beneficial
Name of Director: Mazen Mroue
Office held: Director of a major subsidiary
Name of company: MTN Nigeria Communications PLC
Nature of transaction Vesting and retention of shares awarded in
accordance with the MTN Performance Share
Plan and sale of a portion to settle associated Tax
liability.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 18,181
Number of shares sold: 8,454
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R124.5954
Total value of the transaction: R1,053,330.00
Number of shares retained 9,727
Price at which shares were retained R124.5954
Total value of the transaction R1,211,939.00
Nature of interest: Direct beneficial
Name of Director: Dineo Molefe
Office held: Director of major subsidiary
Name of company: Mobile Telephone Network Proprietary Limited
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance Share
Plan, and sale of a portion to settle associated Tax
liability.
Date of transactions: 28 March 2025 to 31 March 2025
Sensitivity: MTN Internal
Number of shares vested: 19,665
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 9,144
Price at which shares were sold: R124.5954
Value of transaction: R1,139,300.00
Number of shares retained: 10,521
Price at which shares were retained: R124.5954
Total value of the retention: R1,310,868.00
Nature of interest: Direct beneficial
Name of Company Secretary: Thobeka Sishuba Bonoyi
Office held: MTN Group Company Secretary
Name of company: MTN
Nature of transaction: Vesting and sale of shares awarded in accordance
with the MTN Performance Share Plan.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 14,697
Number of shares sold: 14,697
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R124.5954
Total value of the transaction: R1,831,179.00
Nature of interest: Direct beneficial
Name of Company Secretary: Mateboho Rantofi
Office held: Company Secretary
Name of company: Mobile Telephone Networks Proprietary Limited
Sensitivity: MTN Internal
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance Share Plan
and sale of a portion to settle associated Tax
liability.
Date of transaction: 28 March 2025 to 31 March 2025
Number of shares vested: 6,210
Number of shares sold: 3,323
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R124.5954
Total value of the transaction: R359,707.00
Number of shares retained: 3,323
Price at which shares were retained: R124.5954
Total value of the retention: R414,031.00
Nature of interest: Direct beneficial
DEALING IN SECURITIES BY THE PSP SCHEME
Name of Scheme: 2010 PERFORMANCE SHARE PLAN EMPLOYEE
SCHEME
Name of company: MTN
Nature of transaction: Purchase of shares in accordance with the MTN
Performance Share Plan to satisfy scheme
obligations.
Class of security: MTN ordinary shares of 0.01 cents each
Date of transactions: 28 March 2025 to 31 March 2025
Number of shares purchased: 4,116,593
Price at which shares were purchased: R 124.6372
Total value of the transaction: R 512,908,551.47
*Jens Schulte Bockum: shares received while he was an executive, resigned on 31 March 2024.
Sensitivity: MTN Internal
Shares Price Value
Sale - off-market 28 March
2025 3 398 227 R124.6406 R 423 556 906.09
Sale – on- market 28 March
2025 250 000 R124.9400 R 31 235 000.00
Sale – on-market 31 March
2025 274 460 R123.7227 R 33 956 933.34
3 922 687 R124.5954 R 488 748 839.43
Prior clearance to deal in the above-mentioned transactions was obtained in accordance with MTN`s
policy as well as the Listings Requirements.
Fairland
3 April 2025
Lead Sponsor
J.P. Morgan Equities South Africa Proprietary Limited
Joint Sponsor
Tamela Holdings Proprietary Limited
Sensitivity: MTN Internal
