To view the PDF file, sign up for a MySharenet subscription.

TELKOM SA SOC LIMITED - Dealings in Securities

Release Date: 19/12/2024 08:30
Code(s): TKG TL33 TL31 TL32 TL28 TL29 TL34 TL35     PDF:  
Wrap Text
Dealings in Securities

Telkom SA SOC Limited
(Registration number 1991/005476/30)
JSE Share Code: TKG
JSE Bond Code: BITEL
ISIN: ZAE000044897
("Telkom" or the" Company")


DEALINGS IN SECURITIES


In compliance with paragraph 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), we hereby advise shareholders
of the following dealings by directors, prescribed officers and the group company secretary in terms of the Telkom SA SOC Limited
Forfeitable Share Plan (the "Forfeitable Share Plan").

The total deemed value of the award was calculated by multiplying each participant's [guaranteed pay] by a target weighting,
expressed as a percentage that varies in accordance with the participant's employee level in the Company. This total deemed
value of the award is then divided by the volume average share price (VWAP) of a Telkom share trading on the JSE after the
Remuneration Committee meeting. This then amounts to the number of share awards allocated to each participant.



 Name of director:                                                         Serame Taukobong

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of forfeitable shares ("awards") in terms
                                                                           of the Forfeitable Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         418 002

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R14 883 750.00

 Vesting date:                                                             09 December 2027



 Name of director:                                                         Nonkululeko Sylvia Dlamini

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares (FY2025 award):                                          191 677

 Number of shares (sign-on shares as per employment contract):             119 359

 Total number of shares:                                                   311 036

 Price per share:                                                          R35.61

 Total deemed value:                                                       R11 075 000.00

 Vesting date:                                                             09 December 2027



 Name of director:                                                         Nonhlanhla Melody Lekota

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         130 766

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R4 656 161.00

 Vesting date:                                                             09 December 2027



 Name of director:                                                         Mpho McNamee

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         112 338

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R4 000 000.00

 Vesting date:                                                             09 December 2027



 Name of director:                                                         Sello Ernest Mmakau

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         119 359

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R4 250 000.00

 Vesting period:                                                           09 December 2027



 Name of director:                                                         Dirk Johannes Reyneke

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         108 198

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R3 852 576

 Vesting date:                                                             09 December 2027


 Name of director:                                                         Lunga Mandilakhe Siyo

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         168 544

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R6 001 338.00

 Vesting date:                                                             09 December 2027


 Name of director:                                                         Poriki Jonas Bogoshi

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         83 648

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R2 978 428.00

 Vesting date:                                                             09 December 2027


 Name of director:                                                         Ephenia Motlhamme

 Company:                                                                  Telkom

 Nature of transaction:                                                    Acceptance of awards in terms of the Forfeitable
                                                                           Share Plan
 Class of securities:                                                      Ordinary shares

 Nature of interest:                                                       Direct beneficial

 Date of acceptance of award:                                              13 December 2024

 Number of shares:                                                         51 704

 Price per share:                                                          R35.61

 Total deemed value of award:                                              R1 841 000.00

 Vesting date:                                                             09 December 2027


The above transactions were done off market. Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings
Requirements. The awards to the directors, prescribed officers and group company secretary were approved by the Board.


Centurion
19 December 2024

Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited



Date: 19-12-2024 08:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.