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Allocation of MTN Group Shares in Accordance with the Performance Share Plan 2015
MTN Group Limited
Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN code: ZAE000042164
("MTN" or "MTN Group")
ALLOCATION OF MTN GROUP SHARES IN ACCORDANCE WITH THE
PERFORMANCE SHARE PLAN 2015 (“MTN Performance Share Plan”)
In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements ("Listings Requirements"), shareholders are advised
that the following executive directors and company secretary of
MTN as well as directors of major subsidiaries of MTN were
awarded shares in terms of the MTN Performance Share Plan, the
salient details of which are set out below:
1. Name of Director RA Shuter
Name of the company MTN
Date of transaction 28 December 2017
Number of shares awarded 200 200 shares (subject
to performance
conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
shares were awarded
Total value of shares R26 654 628.00
Vesting period Three years from award
date
Nature of transaction Off-market award of
shares to employee in
accordance with MTN
Performance Share Plan
Nature of interest Direct beneficial
Clearance Yes
2. Name of Director RT Mupita
Name of the company MTN
Date of transaction 28 December 2017
Number of shares awarded 118 300 shares (subject
to performance
conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
shares were awarded
Total value of shares R15 750 462.00
Vesting period Three years from award
date
Nature of transaction Off-market award of
shares to employee in
accordance with MTN
Performance Share Plan
Nature of interest Direct beneficial
Clearance Yes
3. Name of Company Secretary SB Mtshali
Name of the company MTN
Date of transaction 28 December 2017
Number of shares awarded 12 600 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
shares were awarded
Total value of shares R1 677 564.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
4. Name of director PD Norman
Name of the subsidiary company Mobile Telephone Networks
(Pty) Limited and MTN
Nigeria Communications
Limited
Date of transaction 28 December 2017
Number of shares awarded 57 700 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
options were awarded
Total value of shares R 7 682 178.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
5. Name of director G Motsa
Name of the subsidiary company Mobile Telephone Networks
(Pty) Limited
Date of transaction 28 December 2017
Number of shares awarded 69 700 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
options were awarded
Total value of shares R 9 279 858.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
6. Name of director SB Ntsele
Name of the subsidiary company Mobile Telephone Networks
(Pty) Limited
Date of transaction 28 December 2017
Number of shares awarded 30 700 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
shares were awarded
Total value of shares R4 087 398.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
7. Name of director J Schulte-Bockum
Name of the subsidiary company Mobile Telephones Networks
(Pty) Limited and MTN
Nigeria Communications
Limited
Date of transaction 28 December 2017
Number of shares awarded 125 500 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
shares were awarded
Total value of shares R16 709 070.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
8. Name of director K Toriola
Name of the subsidiary company MTN Nigeria Communications
Limited
Date of transaction 28 December 2017
Number of shares awarded 69 100 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
options were awarded
Total value of shares R9 199 974.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
9. Name of director FJ Moolman
Name of the subsidiary company MTN Nigeria Communications
Limited
Date of transaction 28 December 2017
Number of shares awarded 66 100 shares (subject to
performance conditions)
Class of security MTN ordinary shares of
0.01 cents each
Market price per share at which R133.14
shares were awarded
Total value of shares R8 800 554.00
Vesting period Three years from award
date
Nature of transaction Off-market award of shares
to employee in accordance
with MTN Performance Share
Plan
Nature of interest Direct beneficial
Clearance Yes
Fairland
29 December 2017
Sponsor
Deutsche Securities (SA) Proprietary Limited
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