Wrap Text
Allocation of MTN Group shares in accordance with the Performance Share Plan 2010
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN code: ZAE000042164
("MTN" or "the MTN Group")
ALLOCATION OF MTN GROUP SHARES IN ACCORDANCE WITH THE
PERFORMANCE SHARE PLAN 2010
In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements ("Listings Requirements"), shareholders are advised
that the following executive directors and the company secretary
of MTN Group and directors and company secretaries of major
subsidiaries were awarded shares in terms of the MTN’s
performance share plan, the salient details of which are set out
below:
1. Name of director :RS Dabengwa
Name of the company :MTN
Date of transaction :28 December 2012
Number of shares awarded :94 600 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R16,836,926.76
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with the MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
2. Name of director :NI Patel
Name of the company :MTN
Date of transaction :28 December 2012
Number of shares awarded :48 500 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R8,638,009.50
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
3. Name of company secretary :SB Mtshali
Name of the company :MTN
Date of transaction :28 December 2012
Number of shares awarded :6 400 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R1,142,638.87
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Nature of interest :Direct beneficial
Performance Share Plan
Clearance :Yes
4. Name of director :PD Norman
Name of the subsidiary :Mobile Telephones Networks
company (Pty) Ltd
Date of transaction: :28 December 2012
Number of shares awarded :30 600 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R5,450,402.51
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
6. Name of director :KW Pienaar
Name of the subsidiary :Mobile Telephones Networks
company (Pty) Ltd
Date of transaction :28 December 2012
Number of shares awarded : 33 000 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R5,873,180.01
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
7. Name of company secretary :MML Mokoka
Name of the subsidiary :Mobile Telephones Networks
company (Pty) Ltd
Date of transaction :28 December 2012
Number of shares awarded :5 800 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R1,037,520.00
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
9. Name of director :Z Bulbulia
Name of the subsidiary :Mobile Telephones Networks
company (Pty) Ltd
Date of transaction :28 December 2012
Number of shares awarded :15 500 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R2,762,282.00
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
10. Name of director :A Bing
Name of the subsidiary :MTN Nigeria Communications
company Limited
Date of transaction :28 December 2012
Number of shares awarded :14 900 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R2,646,749.04
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
11. Name of director :JA Desai
Name of the subsidiary :MTN Nigeria Communications
company Limited
Date of transaction :28 December 2012
Number of shares awarded :41 400 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R7,366,106.17
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
13. Name of director :B Goschen
Name of the subsidiary :MTN Nigeria Communications
company Limited
Date of transaction :28 December 2012
Number of shares awarded :26 500 shares, subject to
performance conditions
Class of security :MTN ordinary shares of 0.01
cents each
Market price at which shares :R178.02
were awarded
Total value of shares :R4,711,794.99
Vesting period :Three years from award date
Nature of transaction :Award of shares to employee
in accordance with MTN
Performance Share Plan
Nature of interest :Direct beneficial
Clearance :Yes
In terms of the PSP Rules participants are not required to take
any action in order to accept this Award and will be deemed to
have accepted the PSP Award unless they advise MTN Group
Compensation and Benefits in writing, by completing and
delivering the Form of Non-Acceptance attached to the Award
Certificate by close of business on Monday, 31 December 2012.
MTN confirms that the shares to be used for allocation will be
purchased on the market in due course.
Fairland
31 December 2012
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 31/12/2012 12:40:00 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.
Sharenet Sites 
