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VODACOM GROUP LIMITED - Allocation of conditional and forfeitable shares

Release Date: 20/06/2024 12:06
Code(s): VOD     PDF:  
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Allocation of conditional and forfeitable shares

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
(ISIN: ZAE000132577 Share code: VOD)
(ISIN: 0592858D2009 ADR code: VDMCY)
("Vodacom Group" or the "company")

Allocation of conditional and forfeitable shares

In accordance with paragraph 3.63 of the JSE Limited Listings Requirements, shareholders are advised
that the following executive directors and company secretary of Vodacom Group, and directors and
company secretary of Vodacom (Pty) Limited, were awarded ordinary shares in terms of the
company's conditional and forfeitable share plans, the salient details of which are set out below.

Name of executive director:             MS Aziz Joosub

Designation:                            Chief Executive Officer

Number of conditional shares awarded:   328 207 Vodacom Group shares of which 100% is
                                        subject to the fulfilment of performance conditions

Price at which shares were awarded:     R94.0361

Value:                                  R30 863 306,27

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of executive director:             RK Morathi

Designation:                            Chief Financial Officer

Number of conditional shares awarded:   116 827 Vodacom Group shares of which 100% is
                                        subject to the fulfilment of performance conditions

Price at which shares were awarded:     R94,0361

Value:                                  R10 985 955,45

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes

                                                    
Name of company secretary:              KE Robinson

Designation:                            Group Company Secretary

Number of forfeitable shares awarded:   13 391 Vodacom Group shares

Price at which shares were awarded:     R94,0361

Value:                                  R1 259 237,42

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   S Mdlalose

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            CEO: Vodacom South Africa

Number of conditional shares awarded:   58 302 Vodacom Group shares

Price at which shares were awarded:     R94,0361

Value:                                  R5 482 492,70

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes

Number of conditional shares awarded:   19 434 Vodacom Group shares of which 100% is
                                        subject to the fulfilment of performance conditions

Price at which shares were awarded:     R94,0361

Value:                                  R1 827 497,57

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes

                                         
Name of director of major subsidiary:   RS Nkabinde

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Financial Director

Number of forfeitable shares awarded:   35 268Vodacom Group shares of which 50% is
                                        subject to the fulfilment of performance conditions
Price at which shares were awarded:     R94,0361

Value:                                  R3 316 465,17

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   NM Mashigo

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Human Resources Director

Number of forfeitable shares awarded:   30 414 Vodacom Group shares of which 50% is
                                        subject to the fulfilment of performance conditions
Price at which shares were awarded:     R94,0361

Value:                                  R R2 860 013,95

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   RAS Tayob

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Consumer Business Unit Director

Number of conditional shares awarded:   17 281 Vodacom Group shares

Price at which shares were awarded:     R94,0361

Value:                                  R1 625 037,84

                                         
Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes

Number of conditional shares awarded:   8 640 Vodacom Group shares of which 100% is
                                        subject to the fulfilment of performance conditions
Price at which shares were awarded:     R94,0361

Value:                                  R812 471,90

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   TE Netshitenzhe

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Chief Officer: Vodacom SA External Affairs Director

Number of conditional shares awarded:   31 106 Vodacom Group shares of which 50% is
                                        subject to the fulfilment of performance conditions
Price at which shares were awarded:     R94,0361
Value:                                  R2 925 086,93

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   B Ngwenya

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Technology Director

Number of forfeitable shares awarded:   37 984 Vodacom Group shares of which 50% is
                                        subject to the fulfilment of performance conditions

                                        
Price at which shares were awarded:     R94,0361

Value:                                  R3 571 867,22

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   TD Nel

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Commercial Operations Director

Number of conditional shares awarded:   13 824 Vodacom Group shares

Price at which shares were awarded:     R 94,0361

Value:                                  R1 299 955,05

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial
Clearance to deal obtained:             Yes

Number of conditional shares awarded:   6 912 Vodacom Group shares of which 100% is
                                        subject to the fulfilment of performance conditions
Price at which shares were awarded:     R94,0361

Value:                                  R649 977,52

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of director of major subsidiary:   V Proothveerajh

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Vodacom Business Director

                                         
Number of conditional shares awarded:   38 283 Vodacom Group shares

Price at which shares were awarded:     R 94,0361

Value:                                  R3 599 984,02

Date of award:                          14 June 2024

Vesting period:                         2 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes

Number of conditional shares awarded:   23 329 Vodacom Group shares

Price at which shares were awarded:     R94,0361

Value:                                  R2 193 768,18

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes

Number of conditional shares awarded:   11 664 Vodacom Group shares of which 100% is
                                        subject to the fulfilment of performance conditions
Price at which shares were awarded:     R94,0361

Value:                                  R1 096 837,07

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


Name of company secretary
of major subsidiary:                    NR Imasiku

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Company Secretary

Number of forfeitable shares awarded:   7 045 Vodacom Group shares

Price at which shares were awarded:     R94,0361

                                         
Value:                                  R662 484,32

Date of award:                          14 June 2024

Vesting period:                         3 years from award date

Nature of interest:                     Direct beneficial

Clearance to deal obtained:             Yes


All shares acquired for purposes of the above awards were acquired on market.


Midrand
20 June 2024

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




                                                

Date: 20-06-2024 12:06:00
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