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TELKOM SA SOC LIMITED - Publication of B-BBEE annual compliance report and dealing in securities by a director

Release Date: 11/07/2019 16:39
Code(s): TKG TL24 TL25 TL27 TL29 TL28 TL26 TL22 TLC07 TLC08 TL23 TL30 TL31 TL20     PDF:  
Wrap Text
Publication of B-BBEE annual compliance report and dealing in securities by a director

Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE share code: TKG
JSE Bond code: BITEL
ISIN: ZAE000044897
(“Telkom” or “the company”)

PUBLICATION OF B-BBEE ANNUAL COMPLIANCE REPORT AND DEALING IN SECURITIES BY A DIRECTOR

Shareholders are advised that Telkom and BCX B-BBEE certification rating improved to level 2 and level 1 respectively,
attributable to improved ownership, skills development and enterprise development elements compared to last year.

In accordance with section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act, No. 46 of
2013, the Company’s annual compliance report is available on the Company’s website link
http://www.telkom.co.za/about_us/index.shtml.

DEALING IN SECURITIES BY A DIRECTOR

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 a director.

Name of director:                                                     Sipho Nkosinathi Maseko
Company:                                                              Telkom SA SOC Ltd
Nature of transaction:                                                Disposal of shares


Date of transaction:                                                  8 July 2019
Number of shares:                                                     41 500
Highest price per share:                                              R89.80
Lowest price per share:                                               R88.00
Volume weighted average price per share:                              R88.42436
Total value:                                                          R3 669 611.00


Date of transaction:                                                  9 July 2019
Number of shares:                                                     49 541
Highest price per share:                                              R88.60
Lowest price per share:                                               R86.49
Volume weighted average price per share:                              R86.74234
Total value:                                                          R4 297 302.09


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
11 July 2019

Sponsor
Nedbank Corporate and Investment Banking

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