Director Dealing - 09 March 2017 |
MTN GROUP LIMITED - Award and acceptance of MTN Gr |
MTN 201703090054A Award and acceptance of MTN Group shares in accordance with the Performance Share Plan MTN Group Limited (Incorporated in the Republic of South Africa) Registration number 1994/009584/06 Share code: MTN ISIN code: ZAE000042164 ("MTN" or "the MTN Group") AWARD AND ACCEPTANCE OF MTN GROUP SHARES IN ACCORDANCE WITH THE PERFORMANCE SHARE PLAN In accordance with paragraph 3.63 of the JSE Limited Listings Requirements ("Listings Requirements"), shareholders are advised that the following director, of a major subsidiary was awarded shares in terms of the MTN’s performance share plan, the salient details of which are set out below: 1. Name of director Godfrey Nkosingiphile Motsa Name of the Company Mobile Telephone Networks Proprietary Limited Date of transaction 09 March 2017 Number of shares awarded 66 500 shares are subject to performance conditions Class of security MTN ordinary shares of 0.01 cents each Market price at which shares were R120.22 awarded Total value of shares R 7 994 630.00 Vesting date 28 June 2019 Nature of transaction Award and acceptance of shares by employee in accordance with the MTN Performance Share Plan Nature of interest Direct beneficial Clearance Yes 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 09 March 2017 Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 09/03/2017 05:39:00 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. |