To view the PDF file, sign up for a MySharenet subscription.

VODACOM GROUP LIMITED - CANCELLATION OF S373139 Allocation of forfeitable shares

Release Date: 23/06/2016 11:19
Code(s): VOD     PDF:  
Wrap Text
CANCELLATION OF S373139 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”)

Allocation of forfeitable shares

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that
the following executive director and company secretary of Vodacom Group and directors and
company secretary of Vodacom (Pty) Limited were awarded shares in terms of the company’s
forfeitable share plan, the salient details of which are set out below.

Name of executive director:                      MS Aziz Joosub

Designation:                                     Chief Executive Officer

Number of forfeitable shares awarded:            108 099 Vodacom shares of which 100% is subject
                                                 to performance conditions

Price at which shares were awarded:              R166.5133

Value:                                           R17 999 921.22

Date of award:                                   13 June 2016

Date accepted:                                   22 June 2016

Vesting period:                                  3 years from award date

Nature of transaction:                           Direct beneficial

Clearance:                                       Yes

Name of company secretary:                       SF Linford

Designation:                                     Group Company Secretary

Number of forfeitable shares awarded:            5 827 Vodacom shares of which 2 331 shares
                                                 are subject to performance conditions

Price at which shares were awarded:              R166.5133

Value:                                           R970 272.99

Date of award:                                   13 June 2016

Date accepted:                                   22 June 2016

Vesting period:                                  3 years from award date

Nature of transaction:                           Direct beneficial


                                                  1
Clearance:                                    Yes

Name of director of major subsidiary          V Jarana

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Enterprise Business Unit

Number of forfeitable shares awarded:         22 701 Vodacom shares of which 15 134 shares
                                              are subject to performance conditions

Price at which shares were awarded:           R166.5133

Value:                                        R3 780 018.42

Date of award:                                13 June 2016

Date accepted:                                22 June 2016

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary          ADJ Delport

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Technology Officer

Number of forfeitable shares awarded:         21 692 Vodacom shares of which 14 461 shares
                                              are subject to performance conditions

Average price at which shares were awarded:   R166.5133

Value:                                        R3 612 006.50

Date of award:                                13 June 2016

Date accepted:                                22 June 2016

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes




                                               2

Name of director of major subsidiary    M Mbungela

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Chief Officer: Human Resources

Number of forfeitable shares awarded:   13 873 Vodacom shares of which 9 249 shares
                                        are subject to performance conditions

Price at which shares were awarded:     R166.5133

Value:                                  R2 3100 390.01

Date of award:                          13 June 2013

Date accepted:                          22 June 2016

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary    N Bhettay

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Chief Officer: Strategy and business development

Number of forfeitable shares awarded:   10 509 Vodacom shares of which 7 006 shares
                                        are subject to performance conditions

Price at which shares were awarded:     R166.5133

Value:                                  R1 749 888.27

Date of award:                          13 June 2016

Date accepted:                          22 June 2016

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes




                                         3
Name of director of major subsidiary    B Williams

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Executive director: Finance

Number of forfeitable shares awarded:   10 810 Vodacom shares of which 7 207 shares
                                        are subject to performance conditions

Price at which shares were awarded:     R166.5133

Value:                                  R1 800 008.77

Date of award:                          13 June 2016

Date accepted:                          22 June 2016

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary    Y Cuba

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Non-executive director

Number of forfeitable shares awarded:   25 223 Vodacom shares of which 16 815 shares
                                        are subject to performance conditions

Price at which shares were awarded:     R166.5133

Value:                                  R4 199 964.97

Date of award:                          13 June 2016

Date accepted:                          16 June 2016

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes




                                         4
Name of company secretary of major
subsidiary:                                   A Dhanasir

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  VSA Company Secretary

Number of forfeitable shares awarded:         2 402 Vodacom shares of which none
                                              are subject to performance conditions

Average price at which shares were awarded:   R166.5133

Value:                                        R399 964.95

Date of award:                                13 June 2016

Date accepted:                                22 June 2016

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


All shares acquired for purposes of the above awards were acquired on market.

Midrand
23 June 2016

Sponsor: UBS South Africa (Pty) Limited




                                                5

Date: 23/06/2016 11:19:59 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.

Share This Story