Enhanced Investments - Financial Portal

Dealings in securities by a Director of MTN

Published: 2023-05-30 18:33:19 ET

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN or the Company)

DEALINGS IN SECURITIES BY A DIRECTOR OF MTN

In compliance with paragraphs 3.63 – 3.66 of the JSE Listings Requirements, we hereby announce
the following transactions in MTN securities by a Director of MTN:

Name of director:                                Ralph Tendai Mupita

Office held:                                     Group President & CEO

Name of company:                                 MTN


                                      FIRST TRANSACTION

Date of transaction:                             25 May 2023

Number of securities purchased:                  7,868

Class of security:                               MTN American Depositary Receipts (ADRs)

Price per ADR                                    USD 5.8287

Total value of the transaction:                  USD 45,860.21

Nature of transaction:                           On-market purchase of ADRs

Nature of interest:                              Direct beneficial

                                    SECOND TRANSACTION

Date of transaction:                             26 May 2023

Number of securities purchased:                  13,200

Class of security:                               ADRs

Price per ADR                                    USD 5.8876

Total value of the transaction:                  USD 77, 716.42

Nature of transaction:                           On-market purchase of ADRs

Nature of interest:                              Direct beneficial
Prior clearance to deal in the above-mentioned transactions was obtained in accordance with MTN’s
policy as well as the Listings Requirements of the JSE Limited.

Fairland

30 May 2023

Lead Sponsor

J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor

Tamela Holdings Proprietary Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.