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

Release Date: 13/08/2019 13:30
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
shares awarded respectively to the following directors of Vodacom (Pty) Limited (Vodacom South
Africa), a major subsidiary, in terms of the company’s forfeitable share plan on 13 June 2016 have
vested and a portion of the vested shares have been sold to settle the tax arising from the vesting. The
sale of these shares is more fully described below:


Name of major subsidiary:                               Vodacom (Pty) Limited

Name of director of major subsidiary:                   JJC Mendes

Designation:                                            Chief Officer: Consumer Business Unit

Number of shares sold:                                  13 358

Price at which shares were sold:                        R115.4337

Value:                                                  R1 538 674.98

Date:                                                   12 August 2019

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:                   B Ngwenya

Designation:                                            VSA Network Officer

Number of shares sold:                                  9 618

Price at which shares were sold:                        R115.4337

Value:                                                  R1 107 866.66

Date:                                                   12 August 2019

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:                   S Mdlalose

Designation:                                            Executive director: Finance

Number of shares sold:                                  6 321

Price at which shares were sold:                        R115.4337

Value:                                                  R728 095.78

Date:                                                   12 August 2019

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:                   M Cassim

Designation:                                            Chief Officer: Financial Services

Number of shares sold:                                  3 437

Price at which shares were sold:                        R115.4337

Value:                                                  R395 897.03

Date:                                                   12 August 2019

Nature of transaction:                                  Direct beneficial interest

Clearance:                                              Yes

On market transaction:                                  Yes




Midrand

Sponsor: UBS South Africa (Pty) Limited

13 August 2019

Date: 13/08/2019 01:30:00
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