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
Limited we hereby disclose the forward sale and call options bought and sold
transaction of MTN Shares entered into on 28 December 2007 by the under
mentioned director: This transaction is separate to and independent from the
previous disclosure in respect of the terms of the restructured transaction
released under the SENS Announcement of 3 December 2007:
Name of Director: P F Nhleko
Date of transactions: 28 December 2007
Bought Call at Strike Price of R 133.21 per share
Sold Call at Strike Price of R 195.00 per share
Number of Contracts 15 893 822
Expiry 31 March 2009
Forward Price R 149.63 per share
Term 15 months
Amount of Shares 2 610 000
Class of Security Ordinary Shares of 0.01 cents each
Nature of transaction Conclusion of
Forward sale and Call options bought from and sold to 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
28 December 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 28/12/2007 17:57:07 Produced by the JSE SENS Department.
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