| |
| |
|
Blue Label
Services as
Directors of
Blue Label
Telecoms
Limited
R’000 |
Services as
Directors of
subsidiaries
of Blue Label
Telecoms
Limited
R’000 |
Salary and
allowances
from
subsidiaries
R’000 |
Bonuses and performance-related payments from subsidiaries
R’000 |
Other benefits
from subsidiaries
R’000 |
Total
R’000 |
Fair value of conditional
shares
R’000 |
| For the year ended 31 May 2024 |
|
|
|
|
|
|
|
|
| Executive Directors |
|
|
|
|
|
|
|
|
| BM Levy |
|
— |
— |
11 701 |
6 649 |
— |
18 350 |
15 030 |
| MS Levy |
|
— |
— |
11 701 |
6 649 |
— |
18 350 |
15 030 |
| DA Suntup |
|
— |
— |
6 198 |
2 406 |
36 |
8 640 |
7 961 |
| |
|
— |
— |
29 600 |
15 704 |
36 |
45 340 |
38 021 |
| Non-Executive Directors |
|
|
|
|
|
|
|
|
| LM Nestadt |
|
2 486 |
— |
— |
— |
— |
2 486 |
— |
| KM Ellerine* |
|
— |
— |
— |
— |
— |
— |
— |
| JS Mthimunye |
|
1 290 |
68 |
— |
— |
— |
1 358 |
— |
| SJ Vilakazi |
|
1 223 |
— |
— |
— |
— |
1 223 |
— |
| H Masondo |
|
507 |
— |
— |
— |
— |
507 |
— |
| NP Mnxasana |
|
790 |
45 |
— |
— |
— |
835 |
— |
| LE Mthimunye |
|
1 162 |
50 |
— |
— |
— |
1 212 |
— |
| |
|
7 458 |
163 |
— |
— |
— |
7 621 |
— |
| |
|
7 458 |
163 |
29 600 |
15 704 |
36 |
52 961 |
38 021 |
|
| |
* Non-Executive Director, KM Ellerine, resigned on 5 June 2023. |
| |
For the year ended 31 May 2023
Executive Directors |
|
|
|
|
|
|
|
| BM Levy |
— |
— |
10 936 |
10 936 |
— |
21 872 |
11 581 |
| MS Levy |
— |
— |
10 936 |
10 936 |
— |
21 872 |
11 581 |
| DA Suntup |
— |
— |
5 792 |
4 054 |
— |
9 846 |
6 134 |
| |
— |
— |
27 664 |
25 926 |
— |
53 590 |
29 296 |
| Non-Executive Directors |
|
|
|
|
|
|
|
| LM Nestadt |
2 323 |
— |
— |
— |
— |
2 323 |
— |
| KM Ellerine |
720 |
— |
— |
— |
— |
720 |
— |
| GD Harlow** |
511 |
211 |
— |
— |
— |
722 |
— |
| JS Mthimunye |
1 206 |
68 |
— |
— |
— |
1 274 |
— |
| SJ Vilakazi |
1 102 |
— |
— |
— |
— |
1 102 |
— |
| PL Zim*** |
469 |
45 |
— |
— |
— |
514 |
— |
| NP Mnxasana |
739 |
21 |
— |
— |
— |
760 |
— |
| LE Mthimunye |
632 |
— |
— |
— |
— |
632 |
— |
| |
7 702 |
345 |
— |
— |
— |
8 047 |
— |
| |
7 702 |
345 |
27 664 |
25 926 |
— |
61 637 |
29 296 |
|
| |
| ** |
Independent Non- Executive Director, GD Harlow, resigned on 19 October 2022. |
| *** |
Independent Non- Executive Director, PL Zim, resigned on 22 February 2023. |
|
| |
Remuneration was paid by subsidiary companies.
The fair value of conditional shares per Director has been included.
No Director has a notice period of more than one year.
No Director’s service contract includes predetermined compensation as a result of termination that would exceed
one year’s salary and benefits. |
| |
| |
|
Issue
date |
Issue
price
R |
Vesting
date |
Awards
outstanding
as at the
beginning
of the year |
Number of shares awarded during
the year |
Awards forfeited during
the year |
Awards vested during
the year |
Balance as at the end of
the year |
| CONDITIONAL SHARE PLAN |
|
|
|
|
|
|
|
|
|
| For the year ended 31 May 2024 |
|
|
|
|
|
|
|
|
|
| BM Levy |
|
1 September 2020 |
3.20 |
31 August 2023 |
1 520 776 |
138 999 |
— |
(1 659 775) |
— |
| BM Levy |
|
6 April 2022 |
6.42 |
31 August 2024 |
803 501 |
— |
— |
— |
803 501 |
| BM Levy |
|
1 September 2022 |
6.25 |
31 August 2025 |
874 878 |
— |
— |
— |
874 878 |
| BM Levy |
|
1 November 2023 |
3.22 |
31 August 2026 |
— |
1 817 001 |
— |
— |
1 817 001 |
| |
|
|
|
3 199 155 |
1 956 000 |
— |
(1 659 775) |
3 495 380 |
| MS Levy |
|
1 September 2020 |
3.20 |
31 August 2023 |
1 520 776 |
138 999 |
— |
(1 659 775) |
— |
| MS Levy |
|
6 April 2022 |
6.42 |
31 August 2024 |
803 501 |
— |
— |
— |
803 501 |
| MS Levy |
|
1 September 2022 |
6.25 |
31 August 2025 |
874 878 |
— |
— |
— |
874 878 |
| MS Levy |
|
1 November 2023 |
3.22 |
31 August 2026 |
— |
1 817 001 |
— |
— |
1 817 001 |
| |
|
|
|
3 199 155 |
1 956 000 |
— |
(1 659 775) |
3 495 380 |
| DA Suntup |
|
1 September 2020 |
3.20 |
31 August 2023 |
805 462 |
73 619 |
— |
(879 081) |
— |
| DA Suntup |
|
6 April 2022 |
6.42 |
31 August 2024 |
425 565 |
— |
— |
— |
425 565 |
| DA Suntup |
|
1 September 2022 |
6.25 |
31 August 2025 |
463 369 |
— |
— |
— |
463 369 |
| DA Suntup |
|
1 November 2023 |
3.22 |
31 August 2026 |
— |
962 354 |
— |
— |
962 354 |
| |
|
|
|
|
1 694 396 |
1 035 973 |
— |
(879 081) |
1 851 288 |
|
| |
| CONDITIONAL SHARE PLAN |
|
|
|
|
|
|
|
|
|
| For the year ended 31 May 2023 |
|
|
|
|
|
|
|
|
|
| BM Levy |
|
18 November 2019 |
2.55 |
31 August 2022 |
1 908 425 |
258 210 |
— |
(2 166 635) |
— |
| BM Levy |
|
1 September 2020 |
3.20 |
31 August 2023 |
1 520 776 |
— |
— |
— |
1 520 776 |
| BM Levy |
|
6 April 2022 |
6.42 |
31 August 2024 |
803 501 |
— |
— |
— |
803 501 |
| BM Levy |
|
1 September 2022 |
6.25 |
31 August 2025 |
— |
874 878 |
— |
— |
874 878 |
| |
|
|
|
|
4 232 702 |
1 133 088 |
— |
(2 166 635) |
3 199 155 |
| MS Levy |
|
18 November 2019 |
2.55 |
31 August 2022 |
1 908 425 |
258 210 |
— |
(2 166 635) |
— |
| MS Levy |
|
1 September 2020 |
3.20 |
31 August 2023 |
1 520 776 |
— |
— |
— |
1 520 776 |
| MS Levy |
|
6 April 2022 |
6.42 |
31 August 2024 |
803 501 |
— |
— |
— |
803 501 |
| MS Levy |
|
1 September 2022 |
6.25 |
31 August 2025 |
— |
874 878 |
— |
— |
874 878 |
| |
|
|
|
|
4 232 702 |
1 133 088 |
— |
(2 166 635) |
3 199 155 |
| DA Suntup |
|
18 November 2019 |
2.55 |
31 August 2022 |
1 010 776 |
136 758 |
— |
(1 147 534) |
— |
| DA Suntup |
|
1 September 2020 |
3.20 |
31 August 2023 |
805 462 |
— |
— |
— |
805 462 |
| DA Suntup |
|
6 April 2022 |
6.42 |
31 August 2024 |
425 565 |
— |
— |
— |
425 565 |
| DA Suntup |
|
1 September 2022 |
6.25 |
31 August 2025 |
— |
463 369 |
— |
— |
463 369 |
| |
|
|
|
|
2 241 803 |
600 127 |
— |
(1 147 534) |
1 694 396 |
|
