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MTN GROUP LIMITED - Dealing in securities

Release Date: 20/06/2019 17:31
Code(s): MTN     PDF:  
Wrap Text
Dealing in securities

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN" or "the Company")


DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY OF MTN

In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings
Requirements, we hereby announce the following transaction in MTN
securities by a director of a major subsidiary of MTN:
      Name of director:                 SSB Ntsele
      Office held:                      Director of Mobile
                                        Telephone Networks
                                        Proprietary Limited
      Name of subsidiary of the         Mobile Telephone Networks
      Company:                          Proprietary Limited
      Date of transaction:              18 June 2019
      Number of shares sold:            6000
      Class of security:                MTN ordinary shares of 0.01
                                        cents each
      Highest market price at which     R107.97
      the
      shares were sold:
      Lowest market price at which      R104.60
      the shares were sold:
      Volume weighted average price     R106.7786
      at which the shares were sold:
      Total value of the transaction: R640 671.60
      Nature of transaction:            On-market sale of shares
      Nature of interest:               Direct beneficial

Prior clearance to deal in the above-mentioned transaction was
obtained in accordance with MTN`s policy as well as the Listings
Requirements         of         the         JSE         Limited.

Fairland
20 June 2019
Lead Sponsor
JP Morgan Equities South Africa Proprietary Limited


Joint Sponsor
Tamela Holdings Proprietary Limited

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