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MTNH-Allocation/award of MTN Group Shares
MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1993/001411/06)
(“MTN Holdings” or “the Issuer”)
ALLOCATION/AWARD OF MTN GROUP SHARES IN ACCORDANCE WITH THE
PERFORMANCE SHARE PLAN 2010 (“MTN PERFORMANCE SHARE PLAN”)
In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements, noteholders are advised that the following
directors of MTN as well as of major subsidiaries of MTN were
awarded and accepted shares, which are subject to performance
conditions, in accordance with the MTN Performance Share Plan.
The salient details of which are set out below:
1. Name of director & RT Mupita
MTN Prescribed Officer
Name of the company MTN
Date of transaction: 21 December 2020
Number of shares awarded 530 800 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R33 482 864,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
2. Name of director S Perumal
Name of the company Mobile Telephone Networks
Proprietary Limited
Date of transaction 21 December 2020
Number of shares awarded 79 400 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R5 008 552,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
3. Name of director & J Schulte-Bockum
MTN Prescribed Officer
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 21 December 2020
Number of shares awarded 315 800
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R19 920 664,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
4. Name of director & PD Norman
MTN Prescribed Officer
Name of the subsidiary Mobile Telephones Networks
company Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 21 December 2020
Number of shares awarded 139 100 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
R8 774 428,00
Total value of shares
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of Interest Direct beneficial
Clearance Yes
5. Name of director & K Toriola
MTN Prescribed Officer
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 21 December 2020
Number of shares awarded 186 200 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
R11 745 496,00
Total value of shares
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
6. Name of MTN Prescribed I Jaroudi
Officer
Name of Company MTN
Date of transaction 21 December 2020
Number of shares awarded 209 300 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R13 202 644,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
7. Name of MTN Prescribed E Asante
Officer
Name of company MTN
Date of transaction 21 December 2020
Number of shares awarded 221 600 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R13 978 528,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
8. Name of director & FJ Moolman
MTN Prescribed Officer
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 21 December 2020
Number of shares awarded
180 700 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at
which shares were awarded R63.08
Total value of shares R11 398 556,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
9. Name of director & GN Motsa
MTN Prescribed Officer
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited
Date of transaction 21 December 2020
Number of shares awarded 167 800 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R10 584 824,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
10. Name of director D Molefe
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited
Date of transaction 21 December 2020
Number of shares awarded 71 300 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R4 497 604,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
11. Name of Director M Kadri
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 21 December 2020
Number of shares awarded 81 800 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares
R5 159 944,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
12. Name of Company Secretary T Sishuba Bonoyi
Name of company MTN
Date of transaction 21 December 2020
Number of shares awarded 52 100 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R63.08
which shares were awarded
Total value of shares R3 286 468,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
Fairland
22 December 2020
Lead Sponsor
JP Morgan Equities Proprietary Limited
Joint Sponsor
Tamela Holdings Proprietary Limited
Debt Sponsor
Standard Bank Limited
Date: 22-12-2020 05:12:00
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