BLUE LABEL TELECOMS LIMITED - Directors Dealings

Release Date: 05/09/2018 15:30
Code(s): BLU
 
Wrap Text
Directors Dealings

Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label” or “the company”)


In compliance with Rules 3.64(e) of the JSE Listing Requirements, the following shares in terms of
the Blue Label Forfeitable Share Plan were accepted on Wednesday, 05 September 2018.

Company:                   Blue Label Company (Pty) Ltd
Director:                  Mr M Levy
Number of shares:          448843
Total deemed value:        R3,213,715-88
Deemed value per           R7.16
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Company (Pty) Ltd
Director:                  Mr B Levy
Number of shares:          448843
Total deemed value:        R3,213,715-88
Deemed value per           R7.16
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr D Suntup
Number of shares:          237725
Total deemed value:        R1,702,111-00
Deemed value per           R7.16
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Company (Pty) Ltd
Company Secretary          Ms J van Eden
Number of shares:          39055
Total deemed value:        R279633-80
Deemed value per           R7.16
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                 The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr S Diamond
Number of shares:        176405
Total deemed value:      R1,263,059-80
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr A Rantao
Number of shares:        22443
Total deemed value:      R160691-88
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr J Mogane
Number of shares:        18791
Total deemed value:      R134543-56
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr A Murray
Number of shares:        81506
Total deemed value:      R583582-96
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr W McCauley
Number of shares:        126578
Total deemed value:      R906298-48
Deemed value per         R7-16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr B Hirsch
Number of shares:        76805
Total deemed value:      R549923-80
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                Mr D Rama
Number of shares:        33942
Total deemed value:      R243024-72
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards

Company:                 Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                Ms S Naicker
Number of shares:        39661
Total deemed value:      R283972-76
Deemed value per         R7.16
share:
Nature of transaction:   Nil cost allocation of Forfeitable Share Awards
Class of shares:         Ordinary shares
Nature of interest:      Direct beneficial, Off-Market
Clearance given:         Yes in accordance with the terms and conditions of the awards


Sandton
05 September 2018


Sponsor:
Investec Bank Limited

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