MTN GROUP LIMITED - DEALING IN SECURITIES BY MOBILE TELEPHONE NETWORK HOLDINGS LIMITED A SUBSIDIARY AND AN ASSOCIATE OF MTN
DEALING IN SECURITIES BY MOBILE TELEPHONE NETWORK HOLDINGS LIMITED A SUBSIDIARY AND AN ASSOCIATE OF MTN
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN code: ZAE000042164
("MTN" or "the Company")
DEALING IN SECURITIES BY MOBILE TELEPHONE NETWORK HOLDINGS LIMITED (“MTN HOLDINGS”)
A SUBSIDIARY AND AN ASSOCIATE OF MTN
In compliance with paragraphs 3.63 – 3.92 of the JSE Limited Listings Requirements, we hereby
announce the following transaction in MTN securities on behalf of the 2016 MTN Employee Share
Ownership Plan (“ESOP”) Trust.
The 2016 MTN ESOP Trust was established by MTN for the purpose of incentivising, rewarding and
retaining Level 1 and 2 employees. These employees are not executives or senior management within
MTN.
Name of associate: MTN Holdings
Relationship with MTN: Subsidiary of MTN
Name of the Company: MTN
Date of transaction: 18 June 2020
Number of securities transferred: 28 425
Class of security: MTN ordinary shares of 0.01 cents each
Price at which R56.87
securities were transferred
Total value of securities: R1 616,529.75
Nature of transaction: Off-market transfer of treasury shares to
MTN 2016 ESOP Trust
Nature of interest: Direct beneficial
The allocation of shares to the Level 1 and 2 employees in terms of the 2016 ESOP scheme occurs bi -
annually (during an open period) following the transfer of shares from MTN Holdings to the 2016 MTN
ESOP Trust.
Prior clearance to deal in the above-mentioned transaction was obtained in accordance with MTN
policy as well as the JSE Listings Requirements.
Fairland
22 June 2020
Lead Sponsor
Tamela Holdings Proprietary Limited
Joint Sponsor
JP Morgan Proprietary Limited
Date: 22-06-2020 02:35:00
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