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VODACOM GROUP LIMITED - Allocation of forfeitable shares

Release Date: 22/06/2020 16:45
Code(s): VOD     PDF:  
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Allocation of forfeitable shares

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
(ISIN: ZAE000132577 Share code: VOD)
(ISIN: US92858D2009 ADR code: VDMCY)
("Vodacom Group" or “the company”)

Allocation of forfeitable shares

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that
the following executive director and company secretary of Vodacom Group and directors of
Vodacom (Pty) Limited were awarded shares in terms of the company’s forfeitable share plan, the
salient details of which are set out below.

Name of executive director:                      MS Aziz Joosub

Designation:                                     Chief Executive Officer

Number of forfeitable shares awarded:            330 398 Vodacom shares of which 100% is subject
                                                 to performance conditions

Price at which shares were awarded:              R 129.7414

Value:                                           R42 866 299

Date of award:                                   19 June 2020

Vesting period:                                  3 years from award date

Nature of transaction:                           Direct beneficial

Clearance:                                       Yes


Name of company secretary:                       SF Linford

Designation:                                     Group Company Secretary

Number of forfeitable shares awarded:            22 819 Vodacom shares of which 4 503 shares
                                                 are subject to performance conditions

Price at which shares were awarded:              R 129.7414

Value:                                           R2 960 256

Date of award:                                   19 June 2020

Vesting period:                                  3 years from award date

Nature of transaction:                           Direct beneficial

Clearance:                                       Yes

Name of director of major subsidiary          W Mzimba

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Vodacom Business

Number of forfeitable shares awarded:         39 212 Vodacom shares of which 26 141 shares
                                              are subject to performance conditions

Price at which shares were awarded:           R 129.7414

Value:                                        R 5 087 420

Date of award:                                19 June 2020

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes



Name of director of major subsidiary          B Ngwenya

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Managing Executive: VSA Network Officer

Number of forfeitable shares awarded:         20 017 Vodacom shares of which 8 007 are subject
                                              to performance conditions

Average price at which shares were awarded:   R 129.7414

Value:                                        R 2 597 033

Date of award:                                19 June 2020

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes

Name of director of major subsidiary    S Mdlalose

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Executive director: Finance

Number of forfeitable shares awarded:   48 560 Vodacom shares of which 7 092 shares
                                        are subject to performance conditions

Price at which shares were awarded:     R 129.7414

Value:                                  R 6 300 242

Date of award:                          19 June 2019

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes



Name of director of major subsidiary    JJ Mendes

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Chief Officer: Consumer Business Unit

Number of forfeitable shares awarded:   39 309 Vodacom shares of which 26 206 shares
                                        are subject to performance conditions

Price at which shares were awarded:     R 129.7414

Value:                                  R 5 100 004

Date of award:                          19 June 2019

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes
Name of director of major subsidiary          T Netshitenzhe

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Corporate Affairs

Number of forfeitable shares awarded:         12 449 Vodacom shares of which 8 299 shares
                                              are subject to performance conditions

Price at which shares were awarded:           R 129.7414

Value:                                        R 1 615 150

Date of award:                                19 June 2020

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary          M Cassim

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Financial Services

Number of forfeitable shares awarded:         25 050 Vodacom shares of which 16 700 shares
                                              are subject to performance conditions

Average price at which shares were awarded:   R 129.7414

Value:                                        R 3 250 022

Date of award:                                19 June 2020

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


All shares acquired for purposes of the above awards were acquired on market.

Midrand
22 June 2020
Sponsor: UBS South Africa (Pty) Limited

Date: 22-06-2020 04:45:00
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