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MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN or MTN Group)
MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1993/001411/06)
(MTN Holdings)
ALLOCATION/AWARD OF MTN GROUP SHARES IN ACCORDANCE WITH THE
PERFORMANCE SHARE PLAN 2010 (MTN PERFORMANCE SHARE PLAN) AND DEALINGS
IN SECURITIES BY A DIRECTOR OF MTN AND MTN HOLDINGS
In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements, shareholders are advised that the following directors,
Company Secretaries and Prescribed Officer of MTN as well as of major
subsidiaries of MTN were awarded and accepted shares, which are
subject to performance conditions, in accordance with the MTN
Performance Share Plan.
The salient details of which are set out below:
1. Name of director & RT Mupita
MTN Prescribed Officer
Name of the company MTN & MTN Holdings
Mobile Telephone Networks
Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction: 12 December 2022
Number of shares awarded 275 800 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R36 047 060.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
2. Name of director & TB Molefe
Prescribed Officer
Name of the company MTN & MTN Holdings
Mobile Telephone Networks
Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 12 December 2022
Number of shares awarded 128 600 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R16 808 020.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
3. Name of director & J Schulte-Bockum
MTN Prescribed Officer
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 12 December 2022
Number of shares awarded 170 700 Shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R 130.70
which shares were awarded
Total value of shares R22 310 490.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
4. Name of director PD Norman
Name of the subsidiary Mobile Telephones Networks
company Proprietary Limited
Date of transaction 12 December 2022
Number of shares awarded 71 700 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R9 371 190.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of Interest Direct beneficial
Clearance Yes
5. Name of director K Toriola
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 12 December 2022
Number of shares awarded 84 500 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R11 044 150.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
6. Name of Director C Molapisi
Name of Company Mobile Telephones Networks
Proprietary Limited
Date of transaction 12 December 2022
Number of shares awarded 120 000 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R15 684 000.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
7. Name of director FJ Moolman
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 12 December 2022
Number of shares awarded 81 900 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R10 704 330.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
8. Name of director D Molefe
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited
Date of transaction 12 December 2022
Number of shares awarded 42 100 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R5 502 470.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
9. Name of Director M Mroue
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 12 December 2022
Number of shares awarded 95 100 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R12 429 570.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
10. Name of Director M Kadri
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 12 December 2022
Number of shares awarded 15 900 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R130.70
which shares were awarded
Total value of shares R 2 078 130.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
11. Name of Company Secretary T Sishuba Bonoyi
Name of company MTN
Date of transaction 12 December 2022
Number of shares awarded 26 900 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R 3 515 830.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
12. Name of Company Secretary M Rantofi
Name of company Mobile Telephone Networks
Proprietary Limited
Date of transaction 12 December 2022
Number of shares awarded 12 500 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R 1 633 750.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
13. Name of Prescribed Officer E Asante
Name of company MTN
Date of transaction 12 December 2022
Number of shares awarded 101 600 shares
Class of security MTN ordinary shares of 0.01
cents each
Market price per share at R130.70
which shares were awarded
Total value of shares R 13 279 120.00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
Furthermore, shareholders are advised of the the following
transaction in MTN securities by a director of MTN and MTN Holdings.
Name of Director Tsholofelo Molefe
Designation Group Chief Financial Officer
and Executive Director
Date of transaction: 14 December 2022
Number of shares 14 819
purchased:
Class of security: MTN ordinary shares of 0.01
cents each
Highest price at which R13 385
shares were purchased
Lowest price at which R13 376
shares were purchased
Value Weighted Average R13 382.52
Price at which shares
were purchased
Total value of the R1 983 156.00
transaction:
Nature of transaction: On-market purchase of shares
Nature of interest: Direct beneficial
Clearance to deal Yes
Fairland
19 December 2022
Lead Sponsor
J.P. Morgan Equities Proprietary Limited
Joint Sponsor
Tamela Holdings Proprietary Limited
Debt Sponsor
Standard Bank Limited
