MTN - MTN Group Limited - Dealing in securities by directors
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
In compliance with rule 3.63 - 3.74 of the Listings Requirements of the JSE
we hereby disclose the exercise of MTN Group Share Options and sale of MTN
Shares by the under mentioned director of a major subsidiary:
Name of Director of
subsidiary Company : Mr Karel Pienaar
Name of subsidiary : MTN Nigeria Communications Limited
Date of Transaction : 5 December 2007
Option Strike Price
(per share) : R 9.31 in respect of 372 360 options
exercised
Option Strike Price
(per share) : R 40.50 in respect of 12 440 options
exercised
Sale Price (per share) : R 131.65
Amount of Shares sold : 180 000
Amount of Shares purchased
& retained : 204 800
Class of Security : Ordinary shares of 0.01 cents each
Nature of Transaction : Exercise of options and sale /
purchase of shares by Director of
major subsidiary
Nature of Interest : Beneficial
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
6 December 2007
Sponsor
Merrill Lynch South Africa Pty Limited
Date: 06/12/2007 17:30:04 Produced by the JSE SENS Department.
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