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Dealings in securities

Published: 2022-11-28 15:21:34 ET
<<<  go to JSE:TKG company page
Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN: ZAE000044897
(“Telkom” or “the company”)

DEALINGS IN SECURITIES

In compliance with section 3.63 to 3.65 of the Listings Requirements of the JSE Limited, we hereby advise shareholders of the
following dealings by directors, prescribed officers and the group company secretary in terms of the Telkom SA SOC Limited
Forfeitable Share Plan (“the Forfeitable Share Plan”).

 Name of director:                                                      Serame Taukobong

 Company:                                                               Telkom SA SOC Ltd

 Nature of transaction:                                                 Acceptance of forfeitable shares (“awards”) in terms
                                                                        of the Forfeitable Share Plan
 Class of securities:                                                   Ordinary shares

 Nature and extent of interest:                                         Direct beneficial

 Date of acceptance of awards:                                          24 November 2022

 Number of shares:                                                      329 651

 Price per share:                                                       R43.00

 Total value:                                                           R14 174 993.00

 Vesting period:                                                        50% in FY2025
                                                                        30% in FY2026
                                                                        20% in FY2027


 Name of director:                                                      Dirk Johannes Reyneke

 Company:                                                               Telkom SA SOC Ltd

 Nature of transaction:                                                 Acceptance of awards in terms of the Forfeitable
                                                                        Share Plan
 Class of securities:                                                   Ordinary shares

 Nature and extent of interest:                                         Direct beneficial

 Date of acceptance of awards:                                          24 November 2022

 Number of shares:                                                      106 660

 Price per share:                                                       R43.00

 Total value:                                                           R4 586 380.00
 Vesting period:                  50% in FY2025
                                  30% in FY2026
                                  20% in FY2027


 Name of prescribed officer:      Althon Craig Beukes

 Company:                         Telkom SA SOC Ltd

 Nature of transaction:           Acceptance of awards in terms of the Forfeitable
                                  Share Plan
 Class of securities:             Ordinary shares

 Nature and extent of interest:   Direct beneficial

 Date of acceptance of awards:    24 November 2022

 Number of shares:                99 419

 Price per share:                 R43.00

 Total value:                     R4 275 017.00

 Vesting period:                  50% in FY2025
                                  30% in FY2026
                                  20% in FY2027


 Name of prescribed officer:      Poriki Jonas Bogoshi

 Company:                         Telkom SA SOC Ltd

 Nature of transaction:           Acceptance of awards in terms of the Forfeitable
                                  Share Plan
 Class of securities:             Ordinary shares

 Nature and extent of interest:   Direct beneficial

 Date of acceptance of awards:    24 November 2022

 Number of shares:                100 872
 Price per share:                 R43.00
 Total value:                     R4 337 496.00
 Vesting period:                  50% in FY2025
                                  30% in FY2026
                                  20% in FY2027




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 Name of prescribed officer:      Nonhlanhla Melody Lekota
 Company:                         Telkom SA SOC Ltd
 Nature of transaction:           Acceptance of awards in terms of the Forfeitable
                                  Share Plan
 Class of securities:             Ordinary shares
 Nature and extent of interest:   Direct beneficial
 Date of acceptance of awards:    24 November 2022
 Number of shares:                75 899
 Price per share:                 R43.00
 Value of transaction:            R3 263 657.00
 Vesting period:                  50% in FY2025
                                  30% in FY2026
                                  20% in FY2027


 Name of prescribed officer:      Lesiba Timothy Spaghetti Maloba
 Company:                         Telkom SA SOC Ltd
 Nature of transaction:           Acceptance of awards in terms of the Forfeitable
                                  Share Plan
 Class of securities:             Ordinary shares
 Nature and extent of interest:   Direct beneficial
 Date of acceptance of awards:    24 November 2022
 Number of shares:                78 384
 Price per share:                 R43.00
 Value of transaction:            R3 370 512.00
 Vesting period:                  50% in FY2025
                                  30% in FY2026
                                  20% in FY2027


 Name of prescribed officer:      Lunga Mandilakhe Siyo
 Company:                         Telkom SA SOC Ltd
 Nature of transaction:           Acceptance of awards in terms of the Forfeitable
                                  Share Plan
 Class of securities:             Ordinary shares
 Nature and extent of interest:   Direct beneficial
 Date of acceptance of awards:    24 November 2022
 Number of shares:                97 827
 Price per share:                 R43.00
 Value of transaction:            R4 206 561.00
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 Vesting period:                                                        50% in FY2025
                                                                        30% in FY2026
                                                                        20% in FY2027


 Name of group company secretary:                                       Ayanda Cleopatra Ceba
 Company:                                                               Telkom SA SOC Ltd
 Nature of transaction:                                                 Acceptance of awards in terms of the Forfeitable
                                                                        Share Plan
 Class of securities:                                                   Ordinary shares
 Nature and extent of interest:                                         Direct beneficial
 Date of acceptance of awards:                                          24 November 2022
 Number of shares:                                                      31 933
 Price per share:                                                       R43.00
 Value of transaction:                                                  R1 373 119.00
 Vesting period:                                                        50% in FY2025
                                                                        30% in FY2026
                                                                        20% in FY2027

The above transactions were done off market. Clearance to deal was received. The awards to the directors, prescribed officers
and group company secretary were approved in June 2022 by the Board of Directors but could not be accepted due to the
company being in a prohibited period at the time.

Centurion
28 November 2022

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




28112022