SENS Note - 05 December 2003 |
AWARDING OF SHARE OPTIONS TO NEWLY APPOINTED DIREC |
MTN GROUP LIMITED - AWARDING OF SHARE OPTIONS TO NEWLY APPOINTED DIRECTOR MTN GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) JSE Share code: MTN ISIN code: ZAE000042164 AWARDING OF SHARE OPTIONS TO NEWLY APPOINTED DIRECTOR: MS SL BOTHA In terms of section 3.63 of the Listings Requirements of the JSE Securities Exchange South Africa we hereby give you notice of the offer and acceptance of MTN Group Share Options allocated to the director of MTN Group Limited as mentioned below: Name of director: Ms Susan Louise Botha Date of offer: 7 July 2003 Date of acceptance of offer: 3 December 2003 Option strike price (per share): R16.81 Strike date: 7 July 2003 Amount of share options awarded: 959 540 Nature of transaction: Offer and acceptance of MTN Group Ltd Share Options Vesting periods: 20% of total allocation on 7 July 2005 20% of total allocation on 7 July 2006 30% of total allocation on 7 July 2007 30% of total allocation on 7 July 2008 Sandton 5 December 2003 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 05/12/2003 04:47:02 PM Supplied by www.sharenet.co.za Produced by the JSE SENS Department |