BLUE LABEL TELECOMS LIMITED - Dealing in securities

Dealing in securities

Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
(“Blue Label” or “the company”)

DEALING IN SECURITIES


In compliance with Rules 3.64(e) of the JSE Listing Requirements, the following shares in terms of
the Blue Label Forfeitable Share Plan were accepted on 2 September 2020.

Company:                   Blue Label Company (Pty) Ltd
Director:                  Mr M Levy
Number of shares:          1,520,776
Total deemed value:        R4,866,483-20
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Company (Pty) Ltd
Director:                  Mr B Levy
Number of shares:          1,520,776
Total deemed value:        R4,866,483-20
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr D Suntup
Number of shares:          805,462
Total deemed value:        R2,577,478-40
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Company (Pty) Ltd
Company Secretary          Ms J van Eden
Number of shares:          149,063
Total deemed value:        R477,001-60
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr S Diamond
Number of shares:          418,389
Total deemed value:        R1,338,844-80
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr A Rantao
Number of shares:          73,839
Total deemed value:        R236,284-80
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr J Smith
Number of shares:          214,844
Total deemed value:        R687,500-80
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr D Rama
Number of shares:          148,500
Total deemed value:        R475,200-00
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards
Company:                   Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr G Jones
Number of shares:          231,875
Total deemed value:        R742,000-00
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Company:                   Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label
Director:                  Mr F Abdul
Number of shares:          179,688
Total deemed value:        R575,001-60
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                           Label
Director:                  Mr A Greenblatt
Number of shares:          215,422
Total deemed value:        R689,350-40
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                           Label
Director:                  Mr G Levin
Number of shares:          328,125
Total deemed value:        R1,050,000-00
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards

Company:                   Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue
                           Label
Director:                  Mr J Leslie
Number of shares:          163,969
Total deemed value:        R524,700-80
Deemed value per           R3.20
share:
Nature of transaction:     Nil cost allocation of Forfeitable Share Awards
Class of shares:           Ordinary shares
Nature of interest:        Direct beneficial, Off-Market
Clearance given:           Yes in accordance with the terms and conditions of the awards


Sandton
2 September 2020

Sponsor:
Investec Bank Limited

Date: 02-09-2020 04:22:00
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