Vodacom CEO Shameel Joosub Sells Over 165,000 Shares Worth R20 Million
Vodacom CEO Shameel Joosub sold 165,809 shares, netting over R20 million in a market transaction on 11-12 February 2025.
Vodacom Group has announced the sale of Vodacom Group’s ordinary shares. The announcement read,
In accordance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, shareholders are advised that Mr Shameel Aziz Joosub, Group Chief Executive Officer and Executive Director of Vodacom Group, has sold 165 809 Vodacom Group ordinary shares.
The sale of these shares is more fully described below:
- Name of executive director: MS Aziz Joosub
- Designation: Chief Executive Officer
- Date of transaction: 11 February 2025
- Class of securities: Ordinary shares
- Number of shares sold: 67 500
- Volume weighted average price per share: R 120.2372
- High: R 120.70
- Low: R 120.00
- Value: R 8 116 011.00
- Date of transaction: 12 February 2025
- Class of securities: Ordinary shares
- Number of shares sold: 98 309
- Volume weighted average price per share: R 120.8838
- High: R 121.65
- Low: R 120.00
- Value: R 11 883 965.49
- Extent of interest: Direct beneficial interest
- Clearance to deal obtained: Yes
- Transactions effected: On market
