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VODACOM GROUP LIMITED - Vesting and sale of forfeitable shares by director of a major subsidiary

Release Date: 10/12/2020 12:10
Code(s): VOD     PDF:  
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Vesting and sale of forfeitable shares by director of a major subsidiary

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD          ISIN ZAE000132577
(Vodacom Group” or “the company”)

Vesting and sale of forfeitable shares by director of a major subsidiary

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that shares
awarded to Ms Beverly Ngwenya, the Vodacom South Africa: Technology Director and a director of
Vodacom (Pty) Limited (Vodacom South Africa), a major subsidiary, in terms of the company’s forfeitable share
plan have vested and a portion of the vested shares have been sold to settle the tax arising from the vesting.
The sale of these shares is more fully described below:


Name of major subsidiary:                               Vodacom (Pty) Limited

Name of director of major subsidiary:                   B Ngwenya

Designation:                                            Vodacom South Africa: Technology Director

Number of shares sold:                                  414

Price at which shares were sold:                        R122.9600

Value:                                                  R50 905.44

Date:                                                   10 December 2020

Nature of transaction:                                  Direct beneficial interest

Clearance:                                              Yes

On market transaction:                                  Yes



Midrand

Sponsor: UBS South Africa (Pty) Limited

10 December 2020

Date: 10-12-2020 12:10:00
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