SENS Note - 24 November 2006 |
MTN Group Limited - Director Dealings |
MTN MTN MTN Group Limited - Director Dealings MTN Group Limited (Incorporated in the Republic of South Africa) (Registration number 1994/009584/06) (Share code: MTN) (ISIN code: ZAE000042164) ("MTN Group" or "the Group) Director Dealings Awarding of share options to Directors / SENIOR EXECUTIVES: 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 following Directors and Senior Executives of MTN: Name Title Share Appreciation Rights Grant Phuthuma Nhleko Group President and CEO 516,400 Sifiso Dabengwa Group COO 43,400 Rob Nisbet Group CFO 197,400 Christian De Faria Vice President - WECA Region 348,600 Jamal Ramadan Vice President - Special Projects 348,600 Irene Charnley Vice President - MENEA Region 69,400 Karel Pienaar Group Chief Technical Officer 103,800 Paul Norman Group HR Executive 72,100 Ahmad Farroukh CEO MTN Nigeria 277,900 Brian Gouldie Acting MD - Mobile Telephone Networks 47,900 (Pty) Ltd Imad Kreidieh CEO MTN Sudan 143,200 Ismail Jaroudi CEO MTN Syria 143,200 Raed Ahmad CEO MTN Yemen 130,100 Date of grant : 21 November 2006 Date of acceptance : 23 November 2006 Strike price (per share) : R71.00 Strike date : 21 November 2006 Nature of transaction : Offer and acceptance of MTN Group Ltd Share Appreciation Rights Vesting periods : 20% of total allocation on 21 Nov 2008 20% of total allocation on 21 Nov 2009 30% of total allocation on 21 Nov 2010 30% of total allocation on 21 Nov 2011 Fairland 24 November 2006 Sponsor Merrill Lynch South Africa (Proprietary) Limited Date: 24/11/2006 05:23:03 PM Produced by the JSE SENS Department |