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Dealing in securities
MTN Group Limited
(Incorporated in the Republic of South Africa)
Registration number 1994/009584/06
Share code: MTN
ISIN: ZAE000042164
(MTN or the Company)
DEALING IN SECURITIES BY DIRECTORS, COMPANY SECRETARIES, AND PRESCRIBED OFFICERS OF
MTN AND ITS MAJOR SUBSIDIARIES AND THE 2010 PERFORMANCE SHARE PLAN EMPLOYEE SCHEME
In compliance with paragraphs 3.63 – 3.66 and 3.92 of the JSE Limited Listings Requirements (Listings
Requirements), we hereby announce the following transactions in MTN securities pursuant to a
vesting of shares in accordance with the Performance Share Plan (PSP).
Price for the Purchase of Shares 96.4235
Price for the Sale of Shares 96.4235
Name of Director/Prescribed Officer: Ralph Mupita
Office held: Group President and CEO
Name of company: MTN
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance Share
Plan and sale of a portion to settle associated
Tax liability
Date of transaction: 5 April 2024
Number of shares vested: 475,013
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 220,881
Price at which shares were sold: R96.4235
Total value of transaction
R21,298 119.00
Number of shares retained: 254,132
Price at which shares were retained: R96.4235
Total value of the retention: R24,504 297.00
Nature of interest: Direct beneficial
Name of Director/Prescribed Officer: Tsholofelo Molefe
Office held: Group Chief Financial Officer
Name of company: MTN
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance Share
Plan and sale of a portion to settle associated
Tax liability
Date of transaction: 5 April 2024
Number of shares vested: 111,384
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 41,032
Price at which shares were sold: R96.4235
Value of transaction: R3,956 449.00
Number of shares retained: 70,352
Price at which shares were retained: R96.4235
Total value of the retention: R6,783,586.00
Nature of interest: Direct beneficial
Name of Director/Prescribed Officer: Karl Toriola
Office held: MTN Nigeria CEO
Name of company: MTN Nigeria Communications PLC.
Nature of transaction: Vesting and sale of shares awarded to
employee in accordance with the MTN
Performance Share Plan
Date of transaction: 5 April 2024
Number of shares vested: 164,470
Number of shares sold: 164,470
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: 15,858,773
Nature of interest: Direct beneficial
Name of Director/Prescribed Officer: Charles Molapisi
Office held: MTN South Africa CEO
Name of company: Mobile Telephone Networks Pty Limited
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 106,614
Number of shares sold: 106,614
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold R96.4235
Total value of the transaction: 10,280,095
Nature of interest: Direct beneficial
Name of Director Jens Schulte Bockum
Office held: Director of major subsidiaries
Name of company: Mobile Telephone Network Proprietary
Limited
MTN Nigeria Communications PLC
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance
Share Plan and sale of a portion to settle
associated Tax liability
Date of transaction: 5 April 2024
Number of shares vested: 282,609
Number of shares sold: 202,654
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: R19,540 608.00
Number of shares retained: 79,955
Price at which shares were retained: R96.4235
Total value of the retention: R7,709 541.00
Nature of interest: Direct beneficial
Name of Director: Paul Norman
Office held: Director of major subsidiary
Name of company: Mobile Telephone Network Proprietary
Limited
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 122,867
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares sold: 122,867
Price at which shares were sold: R96.4235
Value of transaction: R11,847 266.00
Nature of interest: Direct beneficial
Name of Director: Ferdi Moolman
Office held: Director of major subsidiaries
Name of company: Mobile Telephone Network Proprietary
Limited
MTN Nigeria Communications PLC
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 159,612
Number of shares sold: 159,612
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: R15,390 348.00
Nature of interest: Direct beneficial
Name of Prescribed Officer: Ebenezer Asante
Office held: Prescribed officer, Senior Vice President,
Markets
Name of company: MTN
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 195,739
Number of shares sold 195, 739
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares R96.4235
were sold:
Total value of the transaction: R18,873 839.00
Nature of interest: Direct beneficial
Name of Director: Modupe Kadri
Office held: Director of a major subsidiary
Name of company: MTN Nigeria Communications PLC
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 74,634
Number of shares sold: 74,634
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: R7,196 471.00
Nature of interest: Direct beneficial
Name of Director: Mazen Mroue
Office held: Director of a major subsidiary
Name of company: MTN Nigeria Communications PLC
Nature of transaction Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 132,116
Number of shares sold: 132,116
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: R12,739 087.00
Nature of interest: Direct beneficial
Name of Director: Dineo Molefe
Office held: Director of major subsidiary
Name of company: Mobile Telephone Network Proprietary
Limited
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 5 April 2024
Number of shares vested: 65,054
Class of security: MTN ordinary shares of 0.01 cents each
Number of shares retained: 65,054
Price at which shares were retained: R96.4235
Total value of the retention: R6,272 734.00
Nature of interest: Direct beneficial
Name of Company Secretary: Thobeka Sishuba Bonoyi
Office held: MTN Group Company Secretary
Name of company: MTN
Nature of transaction: Vesting and sale of shares awarded in
accordance with the MTN Performance
Share Plan
Date of transaction: 05 April 2024
Number of shares vested: 47,536
Number of shares sold: 47,536
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: R4,583,587.00
Nature of interest: Direct beneficial
Name of Company Secretary: Mateboho Rantofi
Office held: Company Secretary
Name of company: Mobile Telephone Networks Proprietary
Limited
Nature of transaction: Vesting and retention of shares awarded in
accordance with the MTN Performance
Share Plan and sale of a portion to settle
associated Tax liability
Date of transaction: 05 April 2024
Number of shares vested: 17,792
Number of shares sold: 8,273
Class of security: MTN ordinary shares of 0.01 cents each
Price at which shares were sold: R96.4235
Total value of the transaction: R797,712.00
Number of shares retained: 9,519
Price at which shares were retained: R96.4235
Total value of the retention: R917,855.00
Nature of interest: Direct beneficial
DEALING IN SECURITIES BY THE PSP SCHEME
Name of Scheme: 2010 PERFORMANCE SHARE PLAN
EMPLOYEE SCHEME
Name of company: MTN
Nature of transaction: Purchase of shares in accordance with the
MTN Performance Share Plan to satisfy
scheme obligations.
Class of security: MTN ordinary shares of 0.01 cents each
Tranche 1
Date of transaction: 05 April 2024
Number of shares purchased: 11,873,407
Price at which shares were purchased: R96.4235
Total value of the transaction: R 1,144,875,459.86
Tranche 2
Date of transaction 05 April 2024
Number of shares purchased: 485,828
Price at which shares were purchased: 96.9623
Total value of the transaction: 47,107,000.28
Tranche 3
Date of transaction 8 April 2024
Number of shares purchased: 620,632
Price at which shares were purchased: R96.4654
Total value of the transaction: R59,869,514.13
Date of transaction (Sale) 5 April 2024
Number of shares sold. 11,873,407
Price at which shares were sold: R96.4235
Total value of the transaction: R 1,144,875,459.86
Nature of all above PSP interests: Direct beneficial
All of the above dealings were on market.
Prior clearance to deal in the above-mentioned transactions was obtained in accordance with MTN`s
policy as well as the Listings Requirements.
Fairland
10 April 2024
Lead Sponsor
Tamela Holdings Proprietary Limited
Joint Sponsor
J.P. Morgan Equities South Africa Proprietary Limited
Date: 10-04-2024 02:15:00
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