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Fri 3 Aug 2007, 17:00 JCM - Johncom - Acceptance of share-based incentiv
JCM
 JCM                                                                             
JCM - Johncom - Acceptance of share-based incentives by Executive directors and 
Company secretary                                                               
Johnnic Communications Limited                                                  
Registered in the Republic of South Africa                                      
(Registration number 1889/000352/06)                                            
Share code: JCM     ISIN: ZAE000024584                                          
("Johncom")                                                                     
ACCEPTANCE OF SHARE-BASED INCENTIVES BY EXECUTIVE DIRECTORS AND COMPANY         
SECRETARY                                                                       
In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE      
Limited, the following information, relating to the acceptance of share-based   
incentives by executive directors and the company secretary, is disclosed:      
Executive director                 Prakash Desai                                
Company of which a director        Johncom                                      
Transaction date                   3 August 2007                                
Class of securities                Share appreciation rights                    
Number of securities               12 342                                       
Strike Price                       R100,00 per right                            
Value of transaction               R1 234 200                                   
Vesting period                     Share appreciation rights vest in three years
                                  subject to the fulfilment of a performance    
                                  condition                                     
Nature of transaction              Grant and acceptance of share appreciation   
rights in terms of the Johncom Share          
                                  Appreciation Right Scheme 2006                
Extent of interest                 Direct beneficial                            
Executive director                 Prakash Desai                                
Company of which a director        Johncom                                      
Transaction date                   3 August 2007                                
Class of securities                Conditional awards                           
Number of securities               12 342                                       
Strike Price                       Nil per conditional award                    
Value of transaction               Conditional award                            
Vesting period                     Conditional awards vest in three years       
                                  subject to the fulfilment of a performance    
condition                                     
Nature of transaction              Grant and acceptance of conditional awards in
                                  terms of the Johncom Long Term Incentive Plan 
                                  2006                                          
Extent of interest                 Direct beneficial                            
Executive director                 Howard Benatar                               
Company of which a director        Johncom                                      
Transaction date                   3 August 2007                                
Class of securities                Share appreciation rights                    
Number of securities               4 800                                        
Strike Price                       R100,00 per right                            
Value of transaction               R480 000                                     
Vesting period                     Share appreciation rights vest in three years
                                  subject to the fulfilment of a performance    
                                  condition                                     
Nature of transaction              Grant and acceptance of share appreciation   
rights in terms of the Johncom Share          
                                  Appreciation Right Scheme 2006                
Extent of interest                 Direct beneficial                            
Executive director                 Howard Benatar                               
Company of which a director        Johncom                                      
Transaction date                   3 August 2007                                
Class of securities                Conditional awards                           
Number of securities               4 800                                        
Strike Price                       Nil per conditional award                    
Value of transaction               Conditional award                            
Vesting period                     Conditional awards vest in three years       
                                  subject to the fulfilment of a performance    
condition                                     
Nature of transaction              Grant and acceptance of conditional awards in
                                  terms of the Johncom Long Term Incentive Plan 
                                  2006                                          
Extent of interest                 Direct beneficial                            
Company Secretary                  Joanne Matisonn                              
Company of which a company                                                      
secretary                          Johncom                                      
Transaction date                   3 August 2007                                
Class of securities                Share appreciation rights                    
Number of securities               2 750                                        
Strike Price                       R100,00 per right                            
Value of transaction               R275 000                                     
Vesting period                     Share appreciation rights vest in three years
                                  subject to the fulfilment of a performance    
                                  condition                                     
Nature of transaction              Grant and acceptance of share appreciation   
                                  rights in terms of the Johncom Share          
                                  Appreciation Right Scheme 2006                
Extent of interest                 Direct beneficial                            
Company Secretary                  Joanne Matisonn                              
Company of which a company                                                      
secretary                          Johncom                                      
Transaction date                   3 August 2007                                
Class of securities                Conditional awards                           
Number of securities               1 528                                        
Strike Price                       Nil per conditional award                    
Value of transaction               Conditional award                            
Vesting period                     Conditional awards vest in three years       
                                  subject to the fulfilment of a performance    
                                  condition                                     
Nature of transaction              Grant and acceptance of conditional awards in
terms of the Johncom Long Term Incentive Plan 
                                  2006                                          
Extent of interest                 Direct beneficial                            
Clearance to deal on all of the above has been obtained.                        
Johannesburg                                                                    
3 August 2007                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 03/08/2007 17:00:01 Produced by the JSE SENS Department.
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