Sharenet Sites 
Sharenet Sites
ALLOCATION/AWARD OF MTN GROUP SHARES IN ACCORDANCE WITH THE PERFORMANCE SHARE PLAN 2010
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN or the MTN Group)
MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1993/001411/06)
(MTN Holdings)
ALLOCATION/AWARD OF MTN GROUP SHARES IN ACCORDANCE WITH THE
PERFORMANCE SHARE PLAN 2010 (MTN PERFORMANCE SHARE PLAN)
In accordance with paragraph 3.63 of the JSE Limited Listings
Requirements, shareholders are advised that the following directors of
MTN as well as of major subsidiaries of MTN were awarded and accepted
shares, which are subject to performance conditions, in accordance
with the MTN Performance Share Plan. The salient details of which are
set out below:
1. Name of director & RT Mupita
MTN Prescribed Officer
Name of the company MTN & MTN Holdings
Mobile Telephone Networks
Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction: 13 December 2021
Number of shares awarded 205 200 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R32 421 600,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
2. Name of director & Prescribed TB Molefe
Officer
Name of the company MTN & MTN Holdings
Mobile Telephone Networks
Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 13 December 2021
Number of shares awarded 101 900 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R16 100 200,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
3. Name of director & J Schulte-Bockum
MTN Prescribed Officer
Name of the subsidiary company Mobile Telephone Networks
Proprietary Limited and MTN
Nigeria Communications Plc
Date of transaction 13 December 2021
Number of shares awarded 121 500 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R 158.00
which shares were awarded
Total value of shares R19 197 000,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
4. Name of director PD Norman
Name of the subsidiary company Mobile Telephones Networks
Proprietary Limited
Date of transaction 13 December 2021
Number of shares awarded 56 900 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R8 990 200,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of Interest Direct beneficial
Clearance Yes
5. Name of director K Toriola
Name of the subsidiary company MTN Nigeria Communications Plc
Date of transaction 13 December 2021
Number of shares awarded 50 850 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R8 034 300,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
6. Name of Director C Molapisi
Name of Company MTN Nigeria Communications Plc
Date of transaction 13 December 2021
Number of shares awarded 82 400 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R13 019 200,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
8. Name of director FJ Moolman
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited and MTN Nigeria
Communications Plc
Date of transaction 13 December 2021
Number of shares awarded
64 900 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R10 254 200,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
10. Name of director D Molefe
Name of the subsidiary Mobile Telephone Networks
company Proprietary Limited
Date of transaction 21 December 2020
Number of shares awarded 28 500 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R4 503 000,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
11. Name of Director M Kadri
Name of the subsidiary MTN Nigeria Communications Plc
company
Date of transaction 13 December 2021
Number of shares awarded 15 150 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R2 393 700,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
12. Name of Company Secretary T Sishuba Bonoyi
Name of company MTN
Date of transaction 13 December 2021
Number of shares awarded 21 300 shares
Class of security MTN ordinary shares of 0.01 cents
each
Market price per share at R158.00
which shares were awarded
Total value of shares R3 365 400,00
Vesting period Three years from award date
Nature of transaction Off-market award of shares to
employee
Nature of interest Direct beneficial
Clearance Yes
Fairland
17 December 2021
Lead Sponsor
Tamela Holdings Proprietary Limited
Joint Sponsor
JP Morgan Equities Proprietary Limited
Debt Sponsor
Standard Bank Limited
Date: 17-12-2021 04:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
