MTN - MTN Group Limited - Dealing In Securities By A Director
MTN
MTN
MTN - MTN Group Limited - Dealing In Securities By A Director
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 a director
Shareholders are referred to the announcements released on SENS on 28 December
2007 regarding the forward sale and call options bought and sold by a director.
The call options have now been restructured by the respective director and in
accordance with rules 3.63 - 3.74 of the Listings Requirements of the JSE
Limited ("the JSE"),disclosure of the terms of the new transactions concluded on
30 October 2008 are set out below.
Name of Director: P F Nhleko
Date of transactions: 30 October 2008
Bought Call at Strike Price of R 122 per share
Sold Call at Strike Price of R 182 per share
Number of Contracts 3 500 000
Expiry 30 June 2009
Name of Director: P F Nhleko
Date of transactions: 30 October 2008
Bought Call at Strike Price of R 135 per share
Sold Call at Strike Price of R 195 per share
Number of Contracts 3 500 000
Expiry 17 September 2009
Nature of transaction Conclusion of call spreads with commercial
bank
Nature of Interest Beneficial
Prior clearance to enter into the above transaction was obtained in accordance
With MTN`s policy with regard to Director`s dealings as well as the Listings
Requirements of the JSE.
Fairlands
03 November 2008
Sponsor
Merrill Lynch South Africa (Proprietary) Limited
Date: 03/11/2008 17:45:01 Produced by the JSE SENS Department.
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