The last date to trade MTN Zakhele shares on the JSE is at 5pm on Tuesday, 15 November 2016.
If the Scheme becomes operative and MTN’s New Empowerment Transaction, MTN Zakhele Futhi, is implemented, it is expected that you will receive your MTN shares and/or MTN Zakhele Futhi shares on 24 November 2016, and your Cash approximately 3 weeks thereafter (i.e. on or about 13 December 2016).
If you do not make a valid election or if you own less than 50 MTN Zakhele shares, you will receive Cash.
If you want to receive Cash in respect of ALL your MTN Zakhele shares, then YOU DO NOT NEED TO TAKE ANY ACTION, but please make sure that MTN Zakhele has your correct bank details and that your bank account is active.
If your bank details have changed – please complete the Change of Details Form People / Group. All elections made using the website and call centre had to be made by no later than:
If you have been verified for the MTN Zakhele Independent Trading Process, please contact your broker or CSDP to make your election.
Key dates can be found here.