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BLUE LABEL TELECOMS LIMITED - Dealings in Securities

Release Date: 31/08/2023 11:51
Code(s): BLU     PDF:  
Wrap Text
Dealings in Securities

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”)


DEALINGS IN SECURITIES


In compliance with Rules 3.63 – 3.66 of the JSE Listing Requirements, the following information is
disclosed:

Company:                 Blue Label Telecoms Limited
Director:                Mr MS Levy
Date of vesting:         31 August 2023
Number of shares:        1,520,776
Market value:            R3.30
Total value:             R5,018,560-80
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        138,999
Market value:            R3.30
Total value:             R458,696-70
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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 Telecoms Limited
Director:                Mr BM Levy
Date of vesting:         31 August 2023
Number of shares:        1,520,776
Market value:            R3.30
Total value:             R5,018,560-80
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        138,999
Market value:            R3.30
Total value:             R458,696-70
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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 Telecoms Limited
Director:                Mr DA Suntup
Date of vesting:         31 August 2023
Number of shares:        805,462
Market value:            R3.30
Total value:             R2,658,024-60
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        73,619
Market value:            R3.30
Total value:             R242,942-70
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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 Telecoms Limited
Director:                Ms J van Eden
Date of vesting:         31 August 2023
Number of shares:        149,063
Market value:            R3.30
Total value:             R491,907-90
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        13,624
Market value:            R3.30
Total value:             R44,959-20
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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
Date of vesting:         31 August 2023
Number of shares:        418,389
Market value:            R3.30
Total value:             R1,380,683-70
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        38,241
Market value:            R3.30
Total value:             R126,195-30
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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
Date of vesting:         31 August 2023
Number of shares:        73,839
Market value:            R3.30
Total value:             R243,668-70
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        6,749
Market value:            R3.30
Total value:             R22,271-70
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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
Date of vesting:         31 August 2023
Number of shares:        148,500
Market value:            R3.30
Total value:             R490,050-00
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        13,573
Market value:            R3.30
Total value:             R44,790-90
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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:                 Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                         Label
Director:                Mr A Greenblatt
Date of vesting:         31 August 2023
Number of shares:        215,422
Market value:            R3.30
Total value:             R710,892-60
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        19,690
Market value:            R3.30
Total value:             R64,977-00
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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:                 Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                         Label
Director:                Mr G Levin
Date of vesting:         31 August 2023
Number of shares:        328,125
Market value:            R3.30
Total value:             R1,082,812-50
Nature of transaction:   Nil cost vesting of 2020 Forfeitable Share Awards
Number of shares:        29,991
Market value:            R3.30
Total value:             R98,970-30
Nature of transaction:   Additional Nil cost vesting of the 2020 forfeitable share plan as the
                         share scheme performance criteria exceeded targets
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
31 August 2023

Sponsor:
Investec Bank Limited

Date: 31-08-2023 11:51:00
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