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BLUE LABEL TELECOMS LIMITED - Dealings in Securities

Release Date: 01/09/2022 11:15
Code(s): BLU     PDF:  
Wrap Text
Dealings in Securities

Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label” or “the company”)


DEALINGS IN SECURITIES


In compliance with Rules 3.63 – 3.66 of the JSE Listing Requirements, the following information is
disclosed:

Company:                   Blue Label Company (Pty) Ltd
Director:                  Mr MS Levy
Date of vesting:           31 August 2022
Number of shares:          1,908,425
Market value:              R6.50
Total value:               R12,404,762-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          258,210
Market value:              R6.50
Total value:               R1,678,365
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Company:                   Blue Label Company (Pty) Ltd
Director:                  Mr BM Levy
Date of vesting:           31 August 2022
Number of shares:          1,908,425
Market value:              R6.50
Total value:               R12,404,762-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          258,210
Market value:              R6.50
Total value:               R1,678,365
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards
Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr DA Suntup
Date of vesting:           31 August 2022
Number of shares:          1,010,776
Market value:              R6.50
Total value:               R6,570,044
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          136,758
Market value:              R6.50
Total value:               R888,927
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Company (Pty) Ltd
Director:                  Ms J van Eden
Date of vesting:           31 August 2022
Number of shares:          187,059
Market value:              R6.50
Total value:               R1,215,883-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          25,309
Market value:              R6.50
Total value:               R164,508-50
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr S Diamond
Date of vesting:           31 August 2022
Number of shares:          525,037
Market value:              R6.50
Total value:               R3,412,740-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          71,038
Market value:              R6.50
Total value:               R461,747
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards
Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr A Rantao
Date of vesting:           31 August 2022
Number of shares:          92,660
Market value:              R6.50
Total value:               R602,290
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          12,537
Market value:              R6.50
Total value:               R81,490-50
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Company:                   Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr D Rama
Date of vesting:           31 August 2022
Number of shares:          172,549
Market value:              R6.50
Total value:               R1,121,568-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          23,346
Market value:              R6.50
Total value:               R151,749
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Company:                   Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                           Label
Director:                  Mr A Greenblatt
Date of vesting:           31 August 2022
Number of shares:          270,333
Market value:              R6.50
Total value:               R1,757,164-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          36,576
Market value:              R6.50
Total value:               R237,744
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards
Company:                   Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                           Label
Director:                  Mr G Levin
Date of vesting:           31 August 2022
Number of shares:          318,400
Market value:              R6.50
Total value:               R2,069,600
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          43,080
Market value:              R6.50
Total value:               R280,020
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Company:                   Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                           Label
Director:                  Mr J Leslie
Date of vesting:           31 August 2022
Number of shares:          205 765
Market value:              R6.50
Total value:               R1,337,472-50
Nature of transaction:     Nil cost vesting of 2019 Forfeitable Share Awards
Number of shares:          27 840
Market value:              R6.50
Total value:               R180,960
Nature of transaction:     Additional Nil cost vesting of the 2019 forfeitable share plan as the
                           share scheme performance criteria exceeded targets
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Sandton
1 September 2022

Sponsor:
Investec Bank Limited

Date: 01-09-2022 11:15:00
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