| |
| |
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
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 |
| Prescribed officers |
|
|
|
|
|
|
|
| GB Levin |
— |
— |
5 318 |
886 |
240 |
6 444 |
5 276 |
| JS Newman |
— |
— |
5 172 |
1 656 |
— |
6 828 |
3 322 |
| |
— |
— |
10 490 |
2 542 |
240 |
13 272 |
8 598 |
| |
7 458 |
163 |
40 090 |
18 246 |
276 |
66 233 |
46 619 |
* 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 |
| Prescribed officers |
|
|
|
|
|
|
|
| GB Levin |
— |
— |
4 970 |
— |
206 |
5 176 |
4 135 |
| JS Newman |
— |
— |
4 833 |
2 417 |
— |
7 250 |
1 343 |
| |
— |
— |
9 803 |
2 417 |
206 |
12 426 |
5 478 |
| |
7 702 |
345 |
37 467 |
28 343 |
206 |
74 063 |
34 774 |
| ** |
Independent Non- Executive Director, GD Harlow, resigned on 19 October 2022. |
| *** |
Independent Non- Executive Director, PL Zim, resigned on 22 February 2023. |
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 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 |
|
|
|
|
|
|
|
|
| Executive Directors |
|
|
|
|
|
|
|
|
|
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 |
| Prescribed officers |
|
|
|
|
|
|
|
|
| GB Levin |
1 September 2020 |
3.20 |
31 August 2023 |
328 125 |
29 991 |
— |
(358 116) |
— |
| GB Levin |
6 April 2022 |
6.42 |
31 August 2024 |
615 300 |
— |
— |
— |
615 300 |
| GB Levin |
1 September 2022 |
6.25 |
31 August 2025 |
198 801 |
— |
— |
— |
198 801 |
| GB Levin |
1 November 2023 |
3.22 |
31 August 2026 |
— |
412 882 |
— |
— |
412 882 |
| |
|
|
|
1 142 226 |
442 873 |
— |
(358 116) |
1 226 983 |
| JS Newman |
6 April 2022 |
6.42 |
31 August 2024 |
177 570 |
— |
— |
— |
177 570 |
| JS Newman |
1 September 2022 |
6.25 |
31 August 2025 |
193 344 |
— |
— |
— |
193 344 |
| JS Newman |
1 November 2023 |
3.22 |
31 August 2026 |
— |
401 549 |
— |
— |
401 549 |
| |
|
|
|
370 914 |
401 549 |
— |
— |
772 463 |
| CONDITIONAL SHARE PLAN |
|
|
|
|
|
|
|
|
| For the year ended 31 May 2023 |
|
|
|
|
|
|
|
|
| Executive Directors |
|
|
|
|
|
|
|
|
| BM Levy |
18 November 2019 |
2.55 |
31 August 2022 |
1 908 425 |
258 210 |
— |
(2 166 635) |
— |
| BM Levy |
01 September 2020 |
3.20 |
31 August 2023 |
1 520 776 |
— |
— |
— |
1 520 776 |
| BM Levy |
06 April 2022 |
6.42 |
31 August 2024 |
803 501 |
— |
— |
— |
803 501 |
| BM Levy |
01 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 |
01 September 2020 |
3.20 |
31 August 2023 |
1 520 776 |
— |
— |
— |
1 520 776 |
| MS Levy |
06 April 2022 |
6.42 |
31 August 2024 |
803 501 |
— |
— |
— |
803 501 |
| MS Levy |
01 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 |
01 September 2020 |
3.20 |
31 August 2023 |
805 462 |
— |
— |
— |
805 462 |
| DA Suntup |
06 April 2022 |
6.42 |
31 August 2024 |
425 565 |
— |
— |
— |
425 565 |
| DA Suntup |
01 September 2022 |
6.25 |
31 August 2025 |
— |
463 369 |
— |
— |
463 369 |
| |
|
|
|
2 241 803 |
600 127 |
— |
(1 147 534) |
1 694 396 |
| Prescribed officers |
|
|
|
|
|
|
|
|
| GB Levin |
18 November 2019 |
2.55 |
31 August 2022 |
318 400 |
43 080 |
— |
(361 480) |
— |
| GB Levin |
01 September 2020 |
3.20 |
31 August 2023 |
328 125 |
— |
— |
— |
328 125 |
| GB Levin |
06 April 2022 |
6.42 |
31 August 2024 |
615 300 |
— |
— |
— |
615 300 |
| GB Levin |
01 September 2022 |
6.25 |
31 August 2025 |
— |
198 801 |
— |
— |
198 801 |
| |
|
|
|
1 261 825 |
241 881 |
— |
(361 480) |
1 142 226 |
| JS Newman |
06 April 2022 |
6.42 |
31 August 2024 |
177 570 |
— |
— |
— |
177 570 |
| JS Newman |
01 September 2022 |
6.25 |
31 August 2025 |
— |
193 344 |
— |
— |
193 344 |
| |
|
|
|
177 570 |
193 344 |
— |
— |
370 914 |
|
