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MTN GROUP LIMITED - Dealing in securities by a director of a major subsidiary

Release Date: 22/03/2018 16:15
Code(s): MTN     PDF:  
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Dealing in securities by a director of a major subsidiary

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN")

DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY


In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements, we
hereby announce the following transaction in MTN securities by a director of a major
subsidiary company of MTN:

Name:                           Ferdinand Moolman

Office held:                    Chief Executive Officer – MTN Nigeria Communications Limited

Date of transaction:            16 March 2018

Name of subsidiary:             MTN Nigeria Communications Limited

Number of share
appreciation rights
exercised:                      51 000

Strike price per share:         R 126.99

Offer date:                     19 March 2008

Vesting dates:                  19 March 2010(20%)
                                19 March 2011(20%)
                                19 March 2012(30%)
                                19 March 2013(30%)

Highest price of shares sold:   R 127.00

Lowest price of shares sold:    R 122.77

VWAP of shares sold:            R 123.2173

Total value of shares sold:     R 23,000.00

Class of security:              Ordinary shares of 0.01 cents each

Nature of transaction:          On - market Sale

Nature of interest:             Direct Beneficial

Prior clearance to deal in these shares was obtained in accordance with MTN`s policy with
regard to director`s dealings as well as the Listings Requirements of the JSE Limited.

Fairland
22 March 2018


Sponsor
Deutsche Securities (SA) Proprietary Limited

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