MTN - MTN Group - Dealing in securities by Director
MTN
MTN
MTN - MTN Group - Dealing in securities by Director
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 DIRECTOR
Shareholders are referred to the previous announcement released on SENS on 9
November 2009. In compliance with paragraphs 3.63 - 3.74 of the Listings
Requirements of the JSE Limited, we hereby disclose the early termination of the
transaction in MTN securities by the undermentioned director and the share
dealings arising in respect thereof:
Name of Director: Mr Phuthuma Nhleko
Date of early termination of 17 November 2010
the transaction:
Highest price of shares sold R131.66
Lowest price of shares sold R131.20
VWAP of shares sold: R131.33
Number of shares sold: 3 231 047
Total value of shares sold: R424 333 402.51
Class of security: Ordinary shares of 0.01 cents each
Nature of transactions: Sale of shares on market by a director with
a portion of the proceeds applied to settle
his obligations arising from the early
termination of transaction concluded with
commercial bank.
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 Listings Requirements
of the JSE Limited.
Fairland
18 November 2010
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 18/11/2010 08:59:01 Produced by the JSE SENS Department.
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