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 11 April 2022.

Company:

Blue Label Company (Pty) Ltd

Director:

Mr M Levy

Number of shares:

803,501

Total deemed value:

R5,158,476-42

Deemed value per

R6.42

share:

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 Company (Pty) Ltd

Director:

Mr B Levy

Number of shares:

803,501

Total deemed value:

R5,158,476-42

Deemed value per

R6.42

share:

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 D Suntup

Number of shares:

425,565

Total deemed value:

R2,732,127-30

Deemed value per

R6.42

share:

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 Company (Pty) Ltd

Company Secretary

Ms J van Eden

Number of shares:

78,757

Total deemed value:

R505,619-94

Deemed value per

R6.42

share:

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:

221,055

Total deemed value:

R1,419,173-10

Deemed value per

R6.42

share:

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:

39,013

Total deemed value:

R250,463-46

Deemed value per

R6.42

share:

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 D Rama

Number of shares:

76,979

Total deemed value:

R494,205-18

Deemed value per

R6.42

share:

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:

Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue

Label

Director:

Mr A Greenblatt

Number of shares:

120,885

Total deemed value:

R776,081-70

Deemed value per

R6.42

share:

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:

Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue

Label

Director:

Mr G Levin

Number of shares:

615,300

Total deemed value:

R3,950,226-00

Deemed value per

R6.42

share:

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:

Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue

Label

Director:

Mr J Leslie

Number of shares:

115,888

Total deemed value:

R744,000-96

Deemed value per

R6.42

share:

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:

Comm Equipment Company (Pty) Ltd, a major subsidiary of Blue

Label

Director:

Mr S Ramdhani

Number of shares:

117,640

Total deemed value:

R755,248-80

Deemed value per share:

R6.42

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

12 April 2022

Sponsor:

Investec Bank Limited

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Disclaimer

Blue Label Telecoms Ltd. published this content on 12 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2022 09:00:04 UTC.