| Fri 13 Mar 2009, 15:00 | | BLU - Blue Label Telecoms Limited - Granting of forfeitable shares to |
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BLU
BLU
BLU - Blue Label Telecoms Limited - Granting of forfeitable shares to
participate in the company`s forfeitable share plan
Blue Label Telecoms Limited
(Incorporated in the Republic of South Africa)
(Registration number 2006/022679/06)
Share code: BLU ISIN: ZAE000109088
("Blue Label" or "the company")
GRANTING OF FORFEITABLE SHARES TO PARTICIPATE IN THE COMPANY`S FORFEITABLE SHARE
PLAN
Executive directors and the Company Secretary of Blue Label as well as Executive
Directors of The Prepaid Company (Pty) Ltd ("TPC"), a major subsidiary of Blue
Label, have been awarded shares in terms of the company`s long term incentive
plan. The forfeitable share awards made in terms of the company`s Forfeitable
Share Plan ("share plan") shall vest on 1 September 2010 subject to performance
conditions being met. The forfeitable share awards accepted by the Executive
Directors and Company Secretary were as follows:
Blue Label Executive Directors:
MS Levy 369,936 forfeitable shares
BM Levy 369,936 forfeitable shares
MV Pamensky 269,745 forfeitable shares
DB Rivkind 138,726 forfeitable shares
TPC Executive Directors:
DA Suntup 138,726 forfeitable shares
S Kaplan 125,003 forfeitable shares
SR Diamond 149,628 forfeitable shares
JG Mogane 14,171 forfeitable shares
AG Rantao 17,258 forfeitable shares
T Theledi 49,500 forfeitable shares
Company Secretary
E Viljoen 26,160 forfeitable shares
Approval for the individual awards has been given.
13 March 2009
Sponsor:
Investec Bank Limited
Date: 13/03/2009 15:00:02 Produced by the JSE SENS Department.
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