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MTN
MTN
MTN - MTN Group Limited - Dealing in securities by a director,
company secretary and director 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, COMPANY SECRETARY AND DIRECTOR
OF A MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 - 3.74 of the Listings
Requirements of JSE Limited we hereby disclose the following share
dealings in MTN Group securities by the under mentioned director,
company secretary and director of a major subsidiary
Name of Director: Mr PF Nhleko
Date of transactions: 24 August 2010
Number of share appreciation 413 120
rights exercised:
Offer price (per share): R71.00
Number of shares received in 174 458
respect of appreciation
rights exercised:
Total value of appreciation R29 331 520.00
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
60% of total allocation on 30 June
2010*
Sale price (per share): R122.00
Number of shares sold: 174 458
Total value of shares sold: R21 283 876.00
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 by
a director
Nature of interest: Direct Beneficial
* As approved at the annual general
meeting of MTN Group held on 13 June
2007.
Name of Company Secretary: Ms SB Mtshali
Date of transactions: 24 August 2010
Number of share appreciation 15 900
rights exercised:
Offer price (per share): R56.83
Number of shares received in 8 548
respect of appreciation
rights exercised:
Total value of appreciation R903 597.00
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): R122.30
Number of shares sold: 8 548
Total value of shares sold: R1 045 420.40
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 by
a company secretary
Nature of interest: Direct Beneficial
Name of Director of a major Ms J Desai
subsidiary:
Date of transactions: 24 August 2010
Number of share appreciation 41 000
rights exercised:
Offer price (per share): R71.00
Number of shares received in 17 314
respect of appreciation
rights exercised:
Total value of appreciation R2 911 000.00
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): R122.30
Number of shares sold: 17 314
Total value of shares sold: R2 117 502.20
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 on market following the
exercise of share appreciation rights
and the subsequent sale of shares by
a director of a major subsidiary
Nature of interest: Direct 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 August 2010
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 26/08/2010 17:01:01 Produced by the JSE SENS Department.
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