|
MTN
MTN
MTN - MTN Group - Dealings In Securities By Directors Of Major Subsidiaries
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN Group")
DEALINGS IN SECURITIES BY DIRECTORS OF MAJOR SUBSIDIARIES
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited we hereby disclose the following share dealings in MTN Group
securities and share appreciation rights:
Name of Director: Mr C de Faria
Date of transactions: 24 November 2009
Number of share appreciation 69 720
rights exercised:
Offer price (per share): R71.00
Number of shares received in
respect of appreciation rights
exercised: 28 390
Total value of appreciation R4 950 120.00
rights exercised:
Offer date: 21 November 2006
Vesting periods: 20% of total allocation on 21 Nov 2008
20% of total allocation on 21 Nov 2009
30% of total allocation on 21 Nov 2010
30% of total allocation on 21 Nov 2011
Sale price (per share): R118.50
Number of shares sold: 28 390
Total value of shares sold: R3 364 215.00
Class of security: Ordinary shares of 0.01 cents each
Nature of transactions: Exercise of share appreciation rights, as
well as the purchase of shares and the
subsequent sale of shares by a director
of a major subsidiary
Nature of interest: Direct and Beneficial
Name of director: Mr J Ramadan
Date of transactions: 24 November 2009
Number of share appreciation 69 720
rights exercised
Offer price (per share): R71.00
Number of shares received in 28 262
respect of appreciation rights
exercised:
Total value of appreciation R4 950 120.00
rights exercised:
Offer date: 21 November 2006
Vesting periods: 20% of total allocation on 21 Nov 2008
20% of total allocation on 21 Nov 2009
30% of total allocation on 21 Nov 2010
30% of total allocation on 21 Nov 2011
Sale price (per share): R118.60
Total value of shares sold: R3 351 873.20
Class of security: Ordinary shares of 0.01 cents each
Nature of transactions: Exercise of share appreciation rights, as
well as the purchase of shares and the
subsequent sale of shares by director of
a major subsidiary
Nature of interest: Direct and 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 Listing Requirements of
JSE Limited.
Fairland
26 November 2009
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 26/11/2009 12:52:01 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
