MTN Group Limited - Awarding of share options to t
MTN
MTN
MTN Group Limited - Awarding of share options to the company secretary
MTN Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/009584/06)
Share code: MTN
ISIN ZAE000042164
Awarding of share options to the company secretary
In terms of section 3.63 of the Listings Requirements of the JSE Limited we
hereby give you notice of the offer and acceptance of MTN Group Share
Appreciation Rights allocated to the Company Secretary of MTN Group Limited
as mentioned below:
Name of director: Ms SB Mtshali
Date of offer: 31 May 2006
Date of acceptance of offer: 2 October 2006
Option strike price (per share): R56.83
Strike date: 31 May 2006
Amount of share options awarded: 53 000
Nature of transaction: Offer and acceptance of MTN Group Ltd
Share Appreciation Rights
Vesting periods: 20% of total allocation on 31 May 2008
20% of total allocation on 31 May 2009
30% of total allocation on 31 May 2010
30% of total allocation on 31 May 2011
Fairland
2 October 2006
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 02/10/2006 05:03:57 PM Produced by the JSE SENS Department
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