In compliance with section 3.63 to 3.65 of the Listings Requirements of the JSE Limited ("Listings Requirements"), we hereby advise shareholders of the following dealings by directors, following the vesting of options in terms of the company’s share scheme.
Name of director: | Sipho Nkosinathi Maseko |
Company: | Telkom SA SOC Ltd |
Date of transaction: | 04 July 2016 |
Nature of transaction: | Disposal following the vesting of 161 627 shares at R57.03 per share |
Number of shares: | 145 907 |
Highest price per share: | R 65.10 |
Lowest price per share: | R 63.40 |
Volume weighted average price per share: | R 64.72 |
Total value: | R 9 443 101.04 |
Class of securities: | Ordinary shares |
Nature and extent of director’s interest: | Direct beneficial |
Name of director: | Deon Jeftha Fredericks |
Company: | Telkom SA SOC Ltd |
Date of transaction: | 05 July 2016 |
Nature of transaction: | Disposal following the vesting of 64 685 shares at R57.03 per share |
Number of shares: | 25 581 |
Total value: | R1 623 114.45 |
Highest price per share: | R 63.47 |
Lowest price per share: | R 63.40 |
Volume weighted average price per share: | R 63.45 |
Class of securities: | Ordinary shares |
Nature and extent of director’s interest: | Direct beneficial |
Name of director: | Sipho Nkosinathi Maseko |
Company: | Telkom SA SOC Ltd |
Date of transaction: | 05 July 2016 |
Nature of transaction: | Disposal following the vesting of 161 627 shares at R57.03 per share |
Number of shares: | 15 720 |
Highest price per share: | R 63.47 |
Lowest price per share: | R 63.40 |
Volume weighted average price per share: | R 63.41 |
Total value: | R 996 805.20 |
Class of securities: | Ordinary shares |
Nature and extent of director’s interest: | Direct beneficial |
The above transactions were done on market. Clearance to deal was received in terms of paragraph 3.66 of the Listings Requirements.
Centurion
8 July 2016
Sponsor
The Standard Bank of South Africa Limited