Blue Label Telecoms Integrated Annual Report 2016

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NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS continued
For the year ended 31 May 2016
BLUE LABEL INTEGRATED ANNUAL REPORT 2016
136
5. Employees continued
5.3 Directors’ emoluments
Blue Label
Services as
Directors of
Blue Label
Telecoms
Limited
R’000
Salary and
allowances
R’000
Bonuses and
performance-
related
payments
R’000
Other
benefits
R’000
Subtotal
R’000
For the year ended 31 May 2016
Executive directors
BM Levy — 7 492 9 165 146 16 803
MS Levy — 7 503 9 165 135 16 803
M Pamensky* — 4 212 — 80 4 292
DA Suntup — 3 910 2 831 135 6 876
— 23 117 21 161 496 44 774
Non-executive directors
LM Nestadt 995 — — — 995
K Ellerine 369 — — — 369
G Harlow 658 — — — 658
J Mthimunye 491 — — — 491
JS Vilakazi 311 — — — 311
Y Mahomed# 152 — — — 152
2 976 — — — 2 976
2 976 23 117 21 161 496 47 750
For the year ended 31 May 2015
Executive directors
BM Levy — 7 073 6 917 132 14 122
MS Levy — 7 083 6 917 122 14 122
M Pamensky — 5 962 3 402 112 9 476
DA Suntup — 3 694 2 137 122 5 953
— 23 812 19 373 488 43 673
Non-executive directors
LM Nestadt 984 — — — 984
K Ellerine 286 — — — 286
G Harlow 593 — — — 593
NN Lazarus** 373 — — — 373
J Mthimunye 498 — — — 498
JS Vilakazi 341 — — — 341
3 075 — — — 3 075
3 075 23 812 19 373 488 46 748
* M Pamensky resigned with effect from 30 November 2015.
** NN Lazarus resigned with effect from 27 January 2015.
# Y Mahomed appointed with effect from 18 August 2015.
The fair value of forfeitable 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.