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MTN
MTN
MTN - MTN Group Limited - Dealing in securities by a 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 OF A MAJOR SUBSIDIARY
In compliance with paragraphs 3.63 - 3.74 of the Listings Requirements of the
JSE Limited we hereby disclose the following share dealings in MTN Group
securities by the under mentioned director of a major subsidiary:
Name of Director of a major Mr Z Bulbulia
subsidiary:
Name of subsidiary: Mobile Telephone Networks (Pty) Ltd
Date of transaction: 08 May 2012
Number of options exercised: 27 720
Strike price per option: R9.31
Number of shares received in
respect of options exercised: 27 720
Offer date: 02 September 2002
Vesting periods:
20% of total allocation on 02 September 2004
20% of total allocation on 02 September 2005
30% of total allocation on 02 September 2006
30% of total allocation on 02 September 2007
Highest price of shares sold: R135.94
Lowest price of shares sold: R134.31
VWAP of shares sold: R135.04
Number of shares sold: 27 720
Total value of shares sold: R3 743 308.80
Class of security: Ordinary shares of 0.01 cents each
Nature of transaction: Exercise of share options as well as
allotment and issue of shares to the
director and sale of such shares on market
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 Listings Requirements
of the JSE Limited.
Fairland
09 May 2012
Sponsor
Deutsche Securities (SA) (Pty) Limited
Date: 09/05/2012 17:02:03 Produced by the JSE SENS Department.
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