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VODACOM GROUP LIMITED - Allocation of forfeitable shares

Release Date: 18/06/2021 15:20
Code(s): VOD     PDF:  
Wrap Text
Allocation of forfeitable shares

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
(ISIN: ZAE000132577 Share code: VOD)
(ISIN: 0592858D2009 ADR code: VDMCY)
("Vodacom Group" or “the company”)

Allocation of forfeitable shares

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the
following executive directors and company secretary of Vodacom Group and directors and company
secretary of Vodacom (Pty) Limited were awarded shares in terms of the company’s forfeitable share
plan, the salient details of which are set out below.

Name of executive director:                      MS Aziz Joosub

Designation:                                     Chief Executive Officer

Number of forfeitable shares awarded:            339 099 Vodacom shares of which 100% is subject
                                                 to performance conditions

Price at which shares were awarded:              R130.8402

Value:                                           R44 367 780.98

Date of award:                                   17 June 2021

Vesting period:                                  3 years from award date

Nature of transaction:                           Direct beneficial

Clearance:                                       Yes


Name of executive director:                      RK Morathi

Designation:                                     Chief Financial Officer

Number of forfeitable shares awarded:            68 786 Vodacom shares of which 50% is subject to
                                                 performance conditions

Price at which shares were awarded:              R130.8402

Value:                                           R8 999 974.00

Date of award:                                   17 June 2021

Vesting period:                                  3 years from award date

Nature of transaction:                           Direct beneficial


                                                  1
Clearance:                              Yes


Name of company secretary:              SF Linford

Designation:                            Group Company Secretary

Number of forfeitable shares awarded:   9 783 Vodacom shares

Price at which shares were awarded:     R130.8402

Value:                                  R1 280 009.68

Date of award:                          17 June 2021

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary:   BC Sharma

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Managing Director

Number of forfeitable shares awarded:   55 220 Vodacom shares of which 50% is subject to
                                        performance conditions

Price at which shares were awarded:     R130.8402

Value:                                  R7 224 995.84

Date of award:                          17 June 2021

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes




                                         2
Name of director of major subsidiary:         WP Mzimba

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Vodacom Business

Number of forfeitable shares awarded:         43 526 Vodacom shares of which 50% is subject to
                                              performance conditions

Price at which shares were awarded:           R130.8402

Value:                                        R5 694 950.55

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary:         B Ngwenya

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Technology Director

Number of forfeitable shares awarded:         21 858 Vodacom shares of which 50% is subject to
                                              performance conditions

Average price at which shares were awarded:   R130.8402

Value:                                        R2 859 905.09

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary:         S Mdlalose

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Financial Director



                                               3
Number of forfeitable shares awarded:   21 859 Vodacom shares of which 50% is subject to
                                        performance conditions

Price at which shares were awarded:     R130.8402

Value:                                  R2 860 035.93

Date of award:                          17 June 2021

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary:   JJC Mendes

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Chief Officer: Consumer Business Unit

Number of forfeitable shares awarded:   42 098 Vodacom shares of which 50% is subject to
                                        performance conditions

Price at which shares were awarded:     R130.8402

Value:                                  R5 508 110.74

Date of award:                          17 June 2021

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes




                                         4
Name of director of major subsidiary:         TE Netshitenzhe

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Vodacom SA External Affairs Director

Number of forfeitable shares awarded:         14 139 Vodacom shares of which 50% is subject to
                                              performance conditions

Price at which shares were awarded:           R130.8402

Value:                                        R1 849 949.59

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes



Name of director of major subsidiary:         M Cassim

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Financial Services

Number of forfeitable shares awarded:         28 814 Vodacom shares of which 50% is subject to
                                              performance conditions

Average price at which shares were awarded:   R130.8402

Value:                                        R3 770 029.52

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary:         E van Graan

Major subsidiary:                             Vodacom (Pty) Limited




                                               5
Designation:                                  Chief Officer: Commercial Operations

Number of forfeitable shares awarded:         29 331 Vodacom shares of which 50% is subject to
                                              performance conditions

Average price at which shares were awarded:   R130.8402

Value:                                        R3 837 673.91

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary:         NM Mashigo

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Human Resources Director

Number of forfeitable shares awarded:         17 884 Vodacom shares of which 50% is subject to
                                              performance conditions

Average price at which shares were awarded:   R130.8402

Value:                                        R2 339 946.14

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of company secretary
of major subsidiary:                          KE Robinson

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Company Secretary

Number of forfeitable shares awarded:         3 916 Vodacom shares of which 50% is subject to
                                              performance conditions

Average price at which shares were awarded:   R130.8402


                                               6
Value:                                        R512 370.22

Date of award:                                17 June 2021

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


All shares acquired for purposes of the above awards were acquired on market.

Midrand
18 June 2021
Sponsor: UBS South Africa (Pty) Limited




                                                7

Date: 18-06-2021 03:20:00
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