SENS Note - 02 October 2006 |
MTN Group Limited - Awarding of share options to t |
MTN MTN MTN Group Limited - Awarding of share options to the company secretary MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) Share code: MTN ISIN ZAE000042164 Awarding of share options to the company secretary In terms of section 3.63 of the Listings Requirements of the JSE Limited we hereby give you notice of the offer and acceptance of MTN Group Share Appreciation Rights allocated to the Company Secretary of MTN Group Limited as mentioned below: Name of director: Ms SB Mtshali Date of offer: 31 May 2006 Date of acceptance of offer: 2 October 2006 Option strike price (per share): R56.83 Strike date: 31 May 2006 Amount of share options awarded: 53 000 Nature of transaction: Offer and acceptance of MTN Group Ltd Share Appreciation Rights Vesting periods: 20% of total allocation on 31 May 2008 20% of total allocation on 31 May 2009 30% of total allocation on 31 May 2010 30% of total allocation on 31 May 2011 Fairland 2 October 2006 Sponsor Merrill Lynch South Africa (Pty) Limited Date: 02/10/2006 05:03:57 PM Produced by the JSE SENS Department |