{"id":144075,"date":"2016-11-22T14:28:56","date_gmt":"2016-11-22T12:28:56","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=144075"},"modified":"2016-11-22T14:28:56","modified_gmt":"2016-11-22T12:28:56","slug":"mtn-bee-offering-attracts-81000-applicants","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/144075\/mtn-bee-offering-attracts-81000-applicants\/","title":{"rendered":"MTN BEE offering attracts 81,000 applicants"},"content":{"rendered":"<p>MTN has stated that\u00a0the final implementation of the 2016 MTN BEE transaction involving the Zakhele Futhi Ordinary Shares has commenced.<\/p>\n<p>\u201cZakhele Futhi Ordinary Shares will be allotted and issued to successful applicants on 23 November 2016,\u201d said MTN.<\/p>\n<p>The MTN Zakhele Futhi Public Offer raised approximately R1.094 billion from more than 81,000 applicants, said the network.<\/p>\n<p>\u201cIn addition, applications were received from 11,203 qualifying MTN Zakhele Shareholders holding in aggregate 13,479,330 MTN Zakhele Shares to re-invest\u2026 equating to approximately R0.817 billion.\u201d<\/p>\n<p>Applications from the \u201cblack public and qualifying MTN Zakhele Shareholders\u201d were less than the Target Equity Raise of R2,468.3 million, said MTN.<\/p>\n<p>The total number of MTN Zakhele Futhi Ordinary Shares to be issued and allotted on 23 November is 123,416,822.<\/p>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/general\/133966\/mtn-to-launch-a-new-r9-9-billion-bee-deal\/\" target=\"_blank\">MTN to launch a new R9.9 billion BEE deal<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTN has stated that the final implementation of the 2016 MTN BEE transaction involving the Zakhele Futhi Ordinary Shares has commenced.<\/p>\n","protected":false},"author":31,"featured_media":7426,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[25,28],"class_list":["post-144075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-active","tag-mtn"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=144075"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144075\/revisions"}],"predecessor-version":[{"id":144077,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/144075\/revisions\/144077"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/7426"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=144075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=144075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=144075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}