MTN - MTN Group Limited - Dealing in securities by
MTN
MTN
MTN - MTN Group Limited - Dealing in securities by directors
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
Share code: MTN
ISIN: ZAE000042164
("MTN")
Dealing in securities by directors
With a view to rebalancing his portfolio in compliance with rule 3.63 - 3.74 of
the Listings Requirements of the JSE Limited we hereby disclose a Zero Cost
Collar on 935,000 out of 4,150,000 MTN shares forward purchased through a
transaction entered into by PF Nhleko on 24th May 2006. You are referred to the
SENS announcement of 25th May 2006.
Name of Director : PF Nhleko
Date of transaction : 3rd April 2007
Bought Put at a strike price of : R98.27 per share
Sold Call at a strike price of : R113.69 per share
Expiry : 26th November 2007
Amount of contracts : 935 000
Class of Security : Ordinary shares of 0.01 cents each
Nature of transaction : Entering into a zero cost
Collar with a commercial bank
Nature of Interest : Beneficial
Prior clearance to enter into the transaction was obtained in accordance with
MTN`s policy with regard to Directors` dealings as well as the JSE Limited
Listings Requirements.
Fairland
4 April 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 04/04/2007 17:27:01 Produced by the JSE SENS Department.
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