Blue Label Telecoms Limited

(Incorporated in the Republic of South Africa) (Registration number 2006/022679/06)

Share code: BLU ISIN: ZAE000109088

("Blue Label" or "the company")

In compliance with Rules 3.64(e) of the JSE Listing Requirements, the following shares in terms of the Blue Label Forfeitable Share Plan were accepted on Wednesday, 19 October 2016.

Company:

Blue Label Telecoms Ltd

Director:

Mr M Levy

Number of shares: Deemed price

137,194

R20.75

Total deemed value:

R2 846 775.50

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Telecoms Ltd

Director:

Mr B Levy

Number of shares: Deemed price

137,194

R20.75

Total deemed value:

R2 846 775.50

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Telecoms Ltd

Director:

Mr D Suntup

Number of shares: Deemed price

72,663

R20.75

Total deemed value:

R1 507 757.25

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Telecoms Ltd

Company Secretary

Ms J van Eden

Number of shares: Deemed price

11,937

R20.75

Total deemed value:

R247 692.75

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr S Kaplan

Number of shares: Deemed price

45,046

R20.75

Total deemed value:

R934 704.50

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr S Diamond

Number of shares: Deemed price

53,920

R20.75

Total deemed value:

R1 118 840

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr A Rantao

Number of shares: Deemed price

6,879

R20.75

Total deemed value:

R142 739.25

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

The Prepaid Company (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr J Mogane

Number of shares: Deemed price

5,767

R20.75

Total deemed value:

R119,665.25

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr A Murray

Number of shares: Deemed price

24,913

R20.75

Total deemed value:

R516 944.75

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr W van Reenen

Number of shares: Deemed price

30,188

R20.75

Total deemed value:

R626 401

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label

Director:

Mr W Klucznik

Number of shares: Deemed price

20,034

R20.75

Total deemed value:

R415 705.50

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Company:

Blue Label Distribution (Pty) Ltd, a major subsidiary of Blue Label

Director:

Ms A Ngwenya

Number of shares: Deemed price

5,898

R20.75

Total deemed value:

R122 383.50

Nature of transaction:

Nil cost allocation of Forfeitable Share Awards

Class of shares:

Ordinary shares

Nature of interest:

Direct beneficial, Off-Market

Clearance given:

Yes in accordance with the terms and conditions of the awards

Sandton

20 October 2016

Sponsor:

Investec Bank Limited

Blue Label Telecoms Ltd. published this content on 20 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 20 October 2016 07:58:08 UTC.

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