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MTN
MTN
MTN - MTN Group Limited - Dealing in securities by a director and directors of a
major subsidiary
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
("MTN Group")
DEALING IN SECURITIES BY A DIRECTOR AND DIRECTORS OF A MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of JSE
Limited ("Listings Requirements")we hereby disclose the following share dealings
in MTN Group securities by the under mentioned director and directors of a major
subsidiary:
Name of Director: Mr NI Patel
Date of transactions: 19 August 2010
Number of share appreciation 47 650
rights exercised:
Offer price (per share): R56.83
Number of shares received in 24 602
respect of appreciation rights
exercised:
Total value of appreciation R2 707 949.50
rights exercised:
Offer date: 31 May 2006
Vesting periods: 20% of total allocation on 31 May 2008
20% of total allocation on 31 May 2009
30% of total allocation on 31 May 2010
30% of total allocation on 31 May 2011
Sale price (per share): R119.00
Number of shares sold: 24 602
Total value of shares sold: R2 927 638.00
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 on market
following the exercise of share
appreciation rights and the subsequent sale
of shares on market by a director
Nature of interest: Direct and Beneficial
Name of Director of a major Ms SL Botha
subsidiary:
Date of transactions: 19 August 2010
Number of share appreciation 62 360
rights exercised:
Offer price (per share): R96.00
Number of shares received in 11 406
respect of appreciation rights
exercised:
Total value of appreciation R5 986 560.00
rights exercised:
Offer date: 22 June 2007
Vesting periods: 20% of total allocation on 22 June 2009
20% of total allocation on 22 June 2010
30% of total allocation on 22 June 2011
30% of total allocation on 22 June 2012
Sale price (per share): R119.00
Number of shares sold: 11 406
Total value of shares sold: R1 357 314.00
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 on market
following the exercise of share
appreciation rights and the subsequent sale
of shares on market by a director of a
major subsidiary
Nature of interest: Direct and Beneficial
Name of Director of a major Mr KW Pienaar
subsidiary:
Date of transactions: 19 August 2010
Number of share appreciation 20 760
rights exercised:
Offer price (per share): R71.00
Number of shares received in 8 215
respect of appreciation rights
exercised:
Total value of appreciation R1 473 960.00
rights exercised:
Offer date: 21 November 2006
Vesting periods: 20% of total allocation on 21 November 2008
20% of total allocation on 21 November 2009
30% of total allocation on 21 November 2010
30% of total allocation on 21 November 2011
Sale price (per share): R119.00
Number of shares sold: 8 215
Total value of shares sold: R977 585.00
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 on market
following the exercise of share
appreciation rights and the subsequent sale
of shares on market by a 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 Listings Requirements.
Fairland
20 August 2010
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 20/08/2010 17:35:01 Produced by the JSE SENS Department.
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