| Fri 27 Nov 2009, 14:37 | | 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 31 August 2012 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 343,060 forfeitable shares
BM Levy 343,060 forfeitable shares
MV Pamensky 250,148 forfeitable shares
DB Rivkind 149,572 forfeitable shares
TPC Executive Directors:
DA Suntup 149,572 forfeitable shares
S Kaplan 115,922 forfeitable shares
SR Diamond 138,757 forfeitable shares
JG Mogane 13,928 forfeitable shares
AG Rantao 16,005 forfeitable shares
Company Secretary
E Viljoen 24,259 forfeitable shares
Approval for the individual awards has been given.
27 November 2009
Sponsor:
Investec Bank Limited
Date: 27/11/2009 14:37:08 Produced by the JSE SENS Department.
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