MTN - MTN Group Limited - Awarding of share option
MTN
MTN
MTN - MTN Group Limited - Awarding of share options to a Director
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1994/009584/06)
(Share code MTN ISIN ZAE000042164)
("MTN" or "the Company")
Awarding of share options to a Director
In terms of section 3.63 of the Listings Requirements of the JSE Limited we
hereby give you notice of the offer and acceptance of MTN Group Share
Appreciation Rights allocated to a director of a major subsidiary of MTN Group
Limited as mentioned below:
Name of director : Ms Santie Botha
Date of offer : 22 June 2007
Date of acceptance of offer : 3 September 2007
Option strike price (per share) : R 96.00
Strike date : 22 June 2007
Amount of share rights awarded : 155 900
Nature of transaction : Offer and acceptance of MTN Group Ltd
Share Appreciation Rights
Vesting periods : 20% of total allocation on 22 June 2009
20% of total allocation on 22 June 2010
30% of total allocation on 22 June 2011
30% of total allocation on 22 June 2012
Prior clearance to deal in these shares was obtained in accordance with MTN`s
policy with regard to Director`s dealings as well as the JSE Limited listing
requirements.
Fairland
4 September 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 04/09/2007 13:00:36 Produced by the JSE SENS Department.
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