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VOD - Vodacom Group Limited - Allocation of forfeitable shares

Release Date: 01/12/2009 16:58
Code(s): VOD
Wrap Text

VOD - Vodacom Group Limited - Allocation of forfeitable shares Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005461/06) Share code VOD ISIN ZAE000132577 (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 executive directors of Vodacom (Pty) Limited were awarded shares in terms of the company`s forfeitable share plan on 26 November 2009, the salient details of which are set out below: Name of executive director: PJ Uys Name of company: Vodacom Group Designation: Chief Executive Officer Number of forfeitable shares awarded: 199 001 Vodacom ordinary shares, of which 96 622 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R11 679 368.69 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of executive director: RA Shuter Name of company: Vodacom Group Designation: Chief Financial Officer Number of forfeitable shares awarded: 122 954 Vodacom ordinary shares, of which 34 219 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R7 216 170.26 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of executive director: SA Joosub Designation: Executive Director and managing director of Vodacom (Pty) Limited Number of forfeitable shares awarded: 164 325 Vodacom ordinary shares, of which 38 293 Vodacom shares are subject to performance conditions; Consideration: Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R9 644 234.25 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of company secretary: SF Linford Designation: Company secretary Name of company: Vodacom Group Number of forfeitable shares awarded: 33 957 Vodacom ordinary shares, of which 3 692 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R1 992 936.33 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: J van der Watt Major subsidiary: Vodacom (Pty) Limited Designation: Executive Director: Finance Number of forfeitable shares awarded: 53 872 Vodacom ordinary shares, of which 9 379 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 161 747 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: ADJ Delport Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Engineering & Technology
Number of forfeitable shares awarded: 78 898 Vodacom ordinary shares, of which 17 364 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R4 630 523.62 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: R Kumalo Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Engineering & Commercial Number of forfeitable shares awarded: 61 082 Vodacom ordinary shares, of which 13 443 Vodacom shares are subject to performance conditions;
Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 584 902.58 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: NC Nyoka Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Regulatory & Government Relations Number of forfeitable shares awarded: 66 166 Vodacom ordinary shares, of which 7 367 Vodacom shares are
subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 883 282.54 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: V Jarana Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Regional Operations Number of forfeitable shares awarded: 53 641 Vodacom ordinary shares, of which 5 972 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 148 190.29 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: M Tyamzashe Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: CSI Number of forfeitable shares awarded: 52 751 Vodacom ordinary
shares, of which 5 873 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 095 956 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: L Redelinghuys Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Customer Care & Retentions Number of forfeitable shares awarded: 50 687 Vodacom ordinary shares, of which 5 643 Vodacom shares are subject to performance conditions;
Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R2 974 820.03 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: C van Rensburg Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Human Resources Number of forfeitable shares awarded: 48 443 Vodacom ordinary shares, of which 5 393 Vodacom
shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R2 843 119.67 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: SB Hayward Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Vodacom Business
Number of forfeitable shares awarded: 53 169 Vodacom ordinary shares, of which 5 920 Vodacom shares are subject to performance conditions; Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 120 488.61 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest Name of director of major subsidiary: TC Ralebitso Major subsidiary: Vodacom (Pty) Limited Designation: Executive director: Vodacom Ventures Number of forfeitable shares awarded: 53 641 Vodacom ordinary shares, of which 5 972 Vodacom shares are subject to performance conditions;
Consideration Nil Average price at which shares were awarded: R58.69 Vesting period: Three years from award date Value: R3 148 190.29 Notification of award: 27 November 2009 Nature of transaction: Direct beneficial interest The necessary approval in terms of paragraph 3.66 of the JSE Listings Requirements has been obtained. As part of Vodacom Group`s recent listing on the JSE Limited, shareholders approved a forfeiture share plan ("FSP") at the company`s annual general meeting on 31 July 2009. The FSP, which supersedes the previous phantom share scheme, is designed to align the interests of shareholders with those of Vodacom Group`s senior management with those of shareholders. The allocation of forfeitable shares was determined by the group`s remuneration committee on a market related basis. The share awards announced today are the first allocations in terms of this new scheme. These awards represent a combination of an annual award and compensation for the forfeiture of previously granted benefits. Midrand Sponsor: UBS South Africa (Pty) Limited 1 December 2009 Date: 01/12/2009 16:58:04 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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