{"id":291848,"date":"2018-12-31T13:53:30","date_gmt":"2018-12-31T11:53:30","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=291848"},"modified":"2018-12-31T13:54:00","modified_gmt":"2018-12-31T11:54:00","slug":"mtn-executives-score-millions-in-share-options","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/291848\/mtn-executives-score-millions-in-share-options\/","title":{"rendered":"MTN executives score millions in share options"},"content":{"rendered":"<p>MTN has said in a <a href=\"http:\/\/www.sharenet.co.za\/free\/sens\/disp_news.phtml?tdate=20181231105500&amp;seq=13&amp;scheme=default\" target=\"_blank\" rel=\"noopener\"><strong>regulatory filing<\/strong><\/a> that it will hand out millions of rand in shares to various company directors.<\/p>\n<p>The shares were awarded in accordance with MTN\u2019s Performance Share Plan, and are vested over a three year period.<\/p>\n<p>MTN Group CEO Rob Shuter is a primary beneficiary, having been awarded 436,600 shares worth R38.3 million.<\/p>\n<p>Chief financial officer Ralph Mupita was awarded 190,200 shares worth R16.7 million, while chief operating officer Jens Schulte-Bockum was awarded 205,500 shares worth R18 million.<\/p>\n<p>The move comes following numerous new executive appointments at MTN in recent years.<\/p>\n<p><strong>The share allocations and values in MTN\u2019s filing are listed below.<\/strong><\/p>\n<div class=\"bt_table\">\n<div class=\"table-responsive\"><table class=\"table\" width=\"100%\" cellspacing=\"0\" cellpadding=\"6\">\n<tbody>\n<tr>\n<th bgcolor=\"#CCCCCC\" width=\"40%\"><strong>Director<\/strong><\/th>\n<th bgcolor=\"#CCCCCC\" width=\"30%\"><strong>Shares<\/strong><\/th>\n<th bgcolor=\"#CCCCCC\" width=\"30%\"><strong>Value<\/strong><\/th>\n<\/tr>\n<tr>\n<td><strong>RA Shuter<\/strong><\/td>\n<td>436,600<\/td>\n<td>R38,329,114<\/td>\n<\/tr>\n<tr>\n<td><strong>RT Mupita<\/strong><\/td>\n<td>190,200<\/td>\n<td>R16,697,658<\/td>\n<\/tr>\n<tr>\n<td><strong>J Schulte-Bockum<\/strong><\/td>\n<td>205,500<\/td>\n<td>R18,040,845<\/td>\n<\/tr>\n<tr>\n<td><strong>PD Norman<\/strong><\/td>\n<td>94,600<\/td>\n<td>R8,304,934<\/td>\n<\/tr>\n<tr>\n<td><strong>K Toriola<\/strong><\/td>\n<td>114,000<\/td>\n<td>R10,008,060<\/td>\n<\/tr>\n<tr>\n<td><strong>FJ Moolman<\/strong><\/td>\n<td>112,900<\/td>\n<td>R9,911,491<\/td>\n<\/tr>\n<tr>\n<td><strong>GN Motsa<\/strong><\/td>\n<td>114,100<\/td>\n<td>R10,016,839<\/td>\n<\/tr>\n<tr>\n<td><strong>SB Ntsele<\/strong><\/td>\n<td>57,000<\/td>\n<td>R5,004,030<\/td>\n<\/tr>\n<tr>\n<td><strong>M Mothapo<\/strong><\/td>\n<td>6,200<\/td>\n<td>R544,298<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<\/div>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/mobile\/291150\/mtn-announces-executive-appointments\/\" target=\"_blank\" rel=\"noopener\">MTN announces executive appointments<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MTN has said in a regulatory filing that it will hand out millions of rand in shares to various company directors.<\/p>\n","protected":false},"author":31,"featured_media":263721,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[26,28],"class_list":["post-291848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-headline","tag-mtn"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/291848","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=291848"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/291848\/revisions"}],"predecessor-version":[{"id":291852,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/291848\/revisions\/291852"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/263721"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=291848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=291848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=291848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}