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 paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited ("JSE"), shareholders are advised of
the following dealings by prescribed officers and an executive director in terms of the company's share scheme, relating to the
vesting of shares as part of Telkom's Talent Share Plan ("the Plan").
In terms of the Plan, the vesting of the Talent Share Awards ("TSAs") occurs after three years and are subject to performance
conditions. Whilst vesting is not classified as 'dealings' in terms of the JSE Listings Requirements, the vesting of the TSAs does
result in a tax liability for the participants in terms of section 8C of the Income Tax Act (No 58 of 1962) whether they elect to keep
all their shares, sell all their shares or elect to sell a portion of their shares to cover the tax liability.
As the company was in a prohibited period for the majority of the past financial year, in terms of the Plan, the vesting of the TSAs
was delayed until such time the prohibited period was lifted, subsequent to which, participants elected to sell a portion or all of
their shares equivalent to the value of the tax liability incurred upon the vesting thereof.
Name of prescribed officer: Althon Craig Beukes
Company: Telkom SA SOC Ltd
On market sale of shares to cover tax obligations
Nature of transaction:
relating to the vesting of TSAs
Class of securities: Ordinary shares
Date of transaction: 04 July 2024
Number of shares: 337 058
Volume weighted average price ("VWAP") per share: R23.1047
Highest price per share: R23.49
Lowest price per share: R23.07
Total value of transaction: R7 787 623.97
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Poriki Jonas Bogoshi
Company Telkom SA SOC Ltd
On market sale of shares to cover tax obligations
Nature of transaction:
relating to the vesting of TSAs
Class of securities: Ordinary shares
Date of transaction: 05 July 2024
Number of shares: 149 647
VWAP per share: R22.9703
Highest price per share: R23.40
Lowest price per share: R22.65
Total value of transaction: R3 437 436.48
Date of transaction: 08 July 2024
Number of shares: 195 702
VWAP per share: R23.2197
Highest price per share: R23.51
Lowest price per share: R22.80
Total value of transaction: R4 544 141.73
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Nonhlanhla Melody Lekota
Company: Telkom SA SOC Ltd
On market sale of shares to cover tax obligations
Nature of transaction:
relating to the vesting of TSAs
Class of securities: Ordinary shares
Date of transaction: 08 July 2024
Number of shares: 123 310
VWAP per share: R23.5700
Highest price per share: R23.61
Lowest price per share: R23.50
Total value of transaction: R2 906 416.70
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Dirk Johannes Reyneke
Company: Telkom SA SOC Ltd
On market sale of shares to cover tax obligations
Nature of transaction:
relating to the vesting of TSAs
Class of securities: Ordinary shares
Date of transaction: 04 July 2024
Number of shares: 12 942
12072024
VWAP per share: R23.1047
Highest price per share: R23.49
Lowest price per share: R23.07
Total value of transaction: R299 021.03
Date of transaction: 05 July 2024
Number of shares: 217 665
VWAP per share: R22.9703
Highest price per share: R23.40
Lowest price per share: R22.65
Total value of transaction: R4 999 830.35
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Lunga Mandilakhe Siyo
Company: Telkom SA SOC Ltd
On market sale of shares to cover tax obligations
Nature of transaction:
relating to the vesting of TSAs
Class of securities: Ordinary shares
Date of transaction: 05 July 2024
Number of shares: 269 646
VWAP per share: R22.9703
Highest price per share: R23.40
Lowest price per share: R22.65
Total value of transaction: R6 193 849.51
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of executive director: Serame Taukobong
Company: Telkom SA SOC Ltd
On market sale of shares to cover tax obligations
Nature of transaction:
relating to the vesting of TSAs
Class of securities: Ordinary shares
Date of transaction: 04 July 2024
Number of shares: 9 407
VWAP per share: R23.50
Total value of transaction: R221 064.50
Date of transaction: 08 July 2024
Number of shares: 197 454
VWAP per share: R23.5700
Highest price per share: R23.61
Lowest price per share: R23.50
Total value of transaction: R4 653 990.78
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, shareholders are advised of the following dealings
by prescribed officers:
Name of prescribed officer: Poriki Jonas Bogoshi
Company Telkom SA SOC Ltd
Nature of transaction: On market sale of ordinary shares
Class of securities: Ordinary shares
Date of transaction: 28 June 2024
Number of shares: 46 000
VWAP per share: R23.9489
Highest price per share: R24.05
Lowest price per share: R23.86
Total value of transaction: R1 101 650.22
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
Name of prescribed officer: Dirk Johannes Reyneke
Company: Telkom SA SOC Ltd
Nature of transaction: On market sale of ordinary shares
Class of securities: Ordinary shares
Date of transaction: 08 July 2024
Number of shares: 9 377
Price per share: R22.75
Total value of transaction: R213 358.23
Extent of interest: Direct beneficial
Clearance to deal obtained: Yes
12072024
Centurion
12 July 2024
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 12-07-2024 05:44:00
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