Director Dealing - 06 November 2014 |
MTN GROUP LIMITED - Dealing in securities by a dir |
MTN 201411060009A Dealing in securities by a director of MTN Group Limited MTN Group Limited (Incorporated in the Republic of South Africa) Registration Number 1994/009584/06 Share code: MTN ISIN: ZAE000042164 ("MTN ") DEALING IN SECURITIES BY A DIRECTOR OF MTN GROUP LIMITED In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements, we hereby announce the following off-market transaction in MTN securities by a director of MTN: Name: PF Nhleko Office held: Chairman of MTN Group Limited Date of transaction: 4 November 2014 Nature of transaction: Collar on MTN ordinary shares Class of shares: Options over MTN ordinary shares Purchased Put Option Strike: R226.73 per share Sold Call Option Strike: R320.05 per share Number of contracts: 1 218 981 Notional Total value of transaction: R298 881 951.39 Expiry date: 27 March 2017 Nature of interest: Indirect beneficial Prior clearance to deal in this transaction was obtained in accordance with MTN`s policy with regard to director`s dealings as well as the Listings Requirements of the JSE Limited. Fairland 06 November 2014 Sponsor Deutsche Securities (SA) Proprietary Limited Date: 06/11/2014 08:12:00 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. |