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Thu 2 Apr 2020, 17:20 MTN GROUP LIMITED - Acquisition of beneficial interests in securities in MTN and Dealing in securities by a company secretary of MTN
Acquisition of beneficial interests in securities in MTN and Dealing in securities by a company secretary of MTN: 
Acquisition of beneficial interests in securities in MTN and Dealing in securities by a company secretary of MTN

MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration Number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(“MTN” or "MTN Group")


1.   DISCLOSURE OF ACQUISITION OF BENEFICIAL INTERESTS IN SECURITIES IN MTN GROUP

     On 01 April 2020, MTN Group received a notification of disclosure from Prudential Investment
     Managers (South Africa) (Pty) Ltd advising that it has acquired a beneficial interest in securities of
     MTN Group, such that the total of all beneficial interests held by Prudential Investment Managers
     (on behalf of their underlying clients) is now 5.31% of the issued ordinary share capital of MTN
     Group. This disclosure is in terms of section 122 of the Companies Act 71 of 2008, as amended and
     Regulation 121 of the Companies Regulations, 2011 and paragraph 3.83(b) of the JSE Limited
     Listings Requirements.

2. DEALING IN SECURITIES BY A COMPANY SECRETARY OF MTN

     In compliance with paragraphs 3.63 – 3.66 of the JSE Limited Listings Requirements, we hereby
     announce the following transaction in MTN securities by a company secretary of MTN:

      Name of Company Secretary:                      Thobeka Sishuba-Bonoyi

      Name of Company:                                MTN

      Date of transaction:                            01 April 2020

      Number of shares purchased:                     2 201

      Class of security:                              MTN ordinary shares of 0.01 cents each

      Highest price at which shares were              R45.82
      purchased
      Lowest price at which shares were               R45.22
      purchased
      Volume weighted average price at which          R45.42
      shares were purchased
      Total value of the transaction:               R95 787.52

      Nature of transaction:                        On market purchase of shares

      Nature of interest:                           Direct beneficial



Prior clearance to deal in the above-mentioned transaction was obtained in accordance with MTN`s
policy as well as the Listings Requirements of the JSE Limited.

Fairland
02 April 2020

Lead Sponsor
Tamela Holdings Proprietary Limited

Joint Sponsor
JP Morgan Equities South Africa Proprietary Limited

Date: 02-04-2020 05:20:00
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