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Allocation of MTN Group shares in accordance with the Performance Share Plan
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
In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements ("Listings Requirements"), shareholders are advised
that the following executive directors and company secretary of
MTN as well as directors of major subsidiaries of MTN 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 19 December 2014
Number of shares awarded 83 100 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which options were
awarded
Total value of shares R18 614 400
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 BD Goschen
Name of the company MTN
Date of transaction 19 December 2014
Number of shares awarded 54 700 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which shares were awarded
Total value of shares R12 252 800
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 19 December 2014
Number of shares awarded 5800 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which shares were awarded
Total value of shares R 1 299 200
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
4. Name of director PD Norman
Name of the subsidiary Mobile Telephones Networks (Pty)
company Ltd
Date of transaction: 19 December 2014
Number of shares awarded 27 000 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which options were
awarded
Total value of shares R6 048 000
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
5. Name of director KW Pienaar
Name of the subsidiary Mobile Telephones Networks (Pty)
company Ltd
Date of transaction 19 December 2014
Number of shares awarded 29 100 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which options were
awarded
Total value of shares R6 518 400
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 M Fleischer
Name of the subsidiary Mobile Telephones Networks (Pty)
company Ltd
Date of transaction 19 December 2014
Number of shares awarded 30 400 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which shares were awarded
Total value of shares R6 809 600
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 director A Farroukh
Name of the subsidiary Mobile Telephones Networks (Pty)
company Ltd
Date of transaction 19 December 2014
Number of options awarded 43 900 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which shares were awarded
Total value of shares R 9 833 600
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
8. Name of director PG Sibiya
Name of the subsidiary Mobile Telephones Networks (Pty)
company Ltd
Date of transaction 19 December 2014
Number of shares awarded 15 700 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which options were
awarded
Total value of shares R3 516 800
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 M Ikpoki
Name of the subsidiary MTN Nigeria Communications
company Limited
Date of transaction 19 December 2014
Number of shares awarded 37 400 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which shares were awarded
Total value of shares R8 377 600
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 F Moolman
Name of the subsidiary MTN Nigeria Communications
company Limited
Date of transaction 19 December 2014
Number of shares awarded 15 700 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which options were
awarded
Total value of shares R3 516 800
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 19 December 2014
Number of shares awarded 44 500 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R224.00
which options were
awarded
Total value of shares R9 680 000
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
Fairland
22 December 2014
Sponsor
Deutsche Securities (SA) Proprietary Limited
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