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

Release Date: 12/08/2020 11:55
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 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:                     PW Mzimba

Designation:                                              Chief Officer: Vodacom Business

Number of shares sold:                                    10 105

Price at which shares were sold:                          R130.5517

Value:                                                    R1 316 282.54

Date:                                                     11 August 2020

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:                                              Vodacom South Africa: Technology Director

Number of shares sold:                                    4 575

Price at which shares were sold:                          R130.5517

Value:                                                    R595 875.78

Date:                                                     11 August 2020

Nature of transaction:                                    Direct beneficial interest

Clearance:                                                Yes

On market transaction:                                    Yes

Midrand

Sponsor: UBS South Africa (Pty) Limited

12 August 2020

Date: 12-08-2020 11:55:00
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