Try our mobile app
MTN Group Limited (JSE:MTN) News - Dealing in securities by directors and prescribed officers of MTN and its major subsidiaries
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 AND PRESCRIBED OFFICERS OF MTN AND ITS MAJOR
SUBSIDIARIES
In compliance with paragraphs 3.63 – 3.66 and 3.92 of the JSE Limited Listings Requirements, we
hereby announce the following transactions in MTN securities pursuant to a vesting of shares in
accordance with the Performance Shares Plan.
Price for the Purchase of Shares
Highest Price R202.34
Lowest Price R196.49
Weighted Average Price R198.9140
Price for the Sale of Shares
Highest Price R199.43
Lowest Price 194.82
Weighted Average Price R198.2141
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
and sale of a portion to settle associated
Tax liability
Date of transaction: 18 March 2022
Number of shares Vested: 190 200
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold 61 892
Weighted Average Price at which shares were R198.2141
sold:
Value of sale: R12 267 867.08
Number of shares retained: 128 308
Weighted Average Price at which shares were R198.9140
retained:
Total value of the retention: R25 522 257.51
Nature of interest: Direct beneficial
Name of Director/Prescribed Officer: Karl Toriola
Office held: MTN Nigeria CEO
Name of Company: MTN Nigeria Communications Limited
Nature of transaction Vesting and sale of shares awarded to
employee in accordance with the MTN
Performance Share Plan
Date of transaction: 18 March 2022
Number of shares Vested: 114 000
Number of shares Sold: 114 000
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were R198.2141
sold:
Total value of the transaction: R22 596 407.40
Nature of interest: Direct beneficial
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 Retention of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 18 March 2022
Number of shares Vested: 52 600
Number of shares retained 52 600
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were R198.9140
retained:
Total value of the transaction: R10 462 876.40
Nature of interest: Direct beneficial
Name of director/Prescribed Officer: Jens Schulte Bockum
Office held: Prescribed Officer, 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: 18 March 2022
Number of shares Vested: 205 500
Number of shares Sold: 205 500
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were 198.2141
sold:
Total value of the transaction: R40 732 997.55
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 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: 18 March 2022
Number of shares Vested: 94 600
Class of security: MTN ordinary shares of 0.01 cents each
Number of Shares Sold: 30 783
Weighted Average Price at which shares were 198.2141
sold:
Value of sale: R6 101 624.64
Number of shares retained: 63 817
Weighted Average Price at which shares were R198.9140
retained:
Total value of the retention: R 12 694 094.74
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: 18 March 2022
Number of shares Vested: 112 900
Number of shares Sold: 112 900
Class of security: MTN ordinary shares of 0.01 cents each
Weighted average price at which shares were R198.2141
sold:
Total value of the transaction: R22 378 371.89
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 transaction: 18 March 2022
Number of shares Vested: 137 500
Number of shares Sold 137 500
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares 198.2141
were sold:
Total value of the transaction: R27 254 438.75
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 transaction: 18 March 2022
Number of shares Vested: 54 400
Number of shares Sold: 54 400
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were R198.2141
sold:
Total value of the transaction: R10 782 847.04
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 On-market purchase of shares in accordance
with the MTN Performance Share Plan to
satisfy scheme obligations
Date of transaction: 18 March 2022
Number of shares Purchased: 7 084 357
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were 198.9140
purchased:
Total value of the transaction: 1 409 177 788.30
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.
VOLUNTARY DISCLOSURE: DEALING IN SECURITIES BY A FORMER MTN GROUP DIRECTOR AND A
PRESCRIBED OFFICER
Name of director/Prescribed Officer: Rob Shuter
Office held: Former Group President and CEO
Name of Company: MTN
Nature of transaction Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 18 March 2022
Number of shares Vested: 436 600
Number of shares Sold: 436 600
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were R198.2141
sold:
Total value of the transaction: R86 540 276.06
Nature of interest: Direct beneficial
Name of director/Prescribed Officer: Godfrey Motsa
Office held: Former MTNSA CEO
Name of Company: MTN
Nature of transaction Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 18 March 2022
Number of shares Vested: 114100
Number of shares Sold: 114100
Class of security: MTN ordinary shares of 0.01 cents each
Weighted Average Price at which shares were R 198.2141
sold:
Total value of the transaction: R 22 616 228.81
Nature of interest: Direct beneficial
Fairland
25 March 2022
Lead Sponsor
Tamela Holdings Proprietary Limited
Joint Sponsor
J.P. Morgan Equities South Africa Proprietary Limited
Date: 25-03-2022 05:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
