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VODACOM GROUP LIMITED - Vesting and sale of forfeitable shares by directors of a major subsidiary

Release Date: 12/12/2023 15:30
Code(s): VOD     PDF:  
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Vesting and sale of forfeitable shares by directors of a major subsidiary

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD        ISIN ZAE000132577
("Vodacom Group" or "the company")

Vesting and sale of forfeitable shares by directors of a major subsidiary

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that in
terms of the company's forfeitable share plan, the Vodacom Group shares that were awarded to the
following directors of Vodacom (Pty) Limited, a major subsidiary of Vodacom Group, have vested and
a portion of the vested shares have been sold to settle the tax arising from the vesting. The details of
the sale of these shares are defined below:

Name of major subsidiary:                           Vodacom (Pty) Limited

Name of director of major subsidiary:               S Mdlalose

Designation:                                        CEO: Vodacom South Africa

Number of shares sold:                              2 528

Average price at which shares were sold:            R 98.7643 per share

Lowest price per share:                             R 97.92 per share

Highest price per share:                            R 99.27 per share

Value:                                              R 249 676.15

Date:                                               11 December 2023

Nature of transaction:                              Direct beneficial interest

Clearance:                                          Yes

On market transaction:                              Yes


Name of major subsidiary:                           Vodacom (Pty) Limited

Name of director of major subsidiary:               RS Nkabinde

Designation:                                        Financial Director

Number of shares sold:                              15 255

Average price per share:                            R 98.7643 per share

Lowest price per share:                             R 97.92 per share

Highest price per share:                            R 99.27 per share

Value:                                              R 1 506 649.40

Date:                                               11 December 2023

Nature of transaction:                              Direct beneficial interest

Clearance:                                          Yes

On market transaction:                              Yes



Name of major subsidiary:                           Vodacom (Pty) Limited

Name of director of major subsidiary:               RAS Tayob

Designation:                                        Consumer Business Unit Director

Number of shares sold:                              2 698

Average price per share:                            R 98.7643 per share

Lowest price per share:                             R 97.92 per share

Highest price per share:                            R 99.27 per share

Value:                                              R 266 466.08

Date:                                               11 December 2023

Nature of transaction:                              Direct beneficial interest

Clearance:                                          Yes

On market transaction:                              Yes



Midrand

Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited

12 December 2023

Date: 12-12-2023 03:30:00
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