MTN executives execute share transactions under performance share plan

MTN Group Limited (JSE:MTN) announced that several directors, company secretaries, and prescribed officers executed transactions involving the company's securities under the 2010 Performance Share Plan (PSP). The transactions, which include vesting and retention of shares as well as sales to cover associated tax liabilities and for cash, occurred between March 28 and March 31, 2025. Key figures include Group President and CEO Ralph Mupita, who vested 147,949 shares, selling 100,190 shares at R124.5954 each for a total value of ZAR12,483,213.00, and retaining 47,759 shares valued at ZAR5,950,552.00. Group Chief Financial Officer Tsholofelo Molefe sold 70,311 shares at R124.5954 each, realizing a value of ZAR8,760,427.00. Other executives involved include Karl Toriola, Charles Molapisi, Jens Schulte Bockum, Paul Norman, Ferdi Moolman, Ebenezer Asante, Mazen Mroue and Dineo Molefe, also participating in the PSP transactions. MTN also purchased 4,116,593 MTN ordinary shares for a total value of ZAR512,908,551.47, to satisfy scheme obligations. Prior clearance was obtained in accordance with the Listings Requirements and MTN's policy.