MTN - MTN Group Limited - Allocation of MTN Group Limited shares in accordance
MTN
MTN
MTN - MTN Group Limited - Allocation of MTN Group Limited shares in accordance
with the performance share plan
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN code: ZAE000042164
("MTN")
ALLOCATION OF MTN GROUP LIMITED SHARES IN ACCORDANCE WITH THE PERFORMANCE SHARE
PLAN
In accordance with paragraph 3.63 of the JSE Limited Listings Requirements
shareholders are advised that the company secretary of a major subsidiary of MTN
was awarded shares in terms of the MTN`s employee share scheme, the salient
details of which are set out below:
Name of company secretary MML Mokoka
Name of the subsidiary company Mobile Telephones Networks (Pty) Ltd
Date of transaction 29 June 2011
Number of options awarded 5300 shares are subject to
performance conditions
Class of security MTN ordinary shares of 0.01 cents
each
Market price at which options were R140.50
awarded
Total value of shares R745 920
Vesting period 30 months from award date
Nature of transaction Award of shares to employee in
accordance with MTN Performance
Share Plan
Nature of interest Direct beneficial
Clearance Yes
MTN confirms that the shares to be used for allocation will be purchased on the
market.
Fairland
01 July 2011
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 01/07/2011 15:34:03 Produced by the JSE SENS Department.
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