Vodacom Integrated Report 2017

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Our business Operating context Delivering on our strategy Our governance structure Administration
Year
awarded
Number
allocated
Number
settled in
current year
Number
forfeited in
current year
Closing
number
Settled
price
Settle-
ment
date
Settle-
ment
value
Current
unit
value1
Estimated
value
Cur-
rency
V Jarana
Conditional benefit 8 604 465 ZAR
Conditional benefit – restricted shares
2014 26 208 – – 26 208 – – 152.00 3 983 616 ZAR
FSP – no company performance conditions
2014 6 534 6 534 – – 162.75 June 2016 1 063 409 – –
2015 3 789 – – 3 789 – – 152.00 575 928 ZAR
2016 5 699 – – 5 699 – – 152.00 866 248 ZAR
2017 7 567 – – 7 567 – – 152.00 1 150 184 ZAR
FSP – with company performance conditions
2014 18 736 8 450 10 286 – 162.75 June 2016 1 375 238 – – ZAR
2015 7 577 – – 7 577 – – 76.00 575 852 ZAR
2016 11 398 – – 11 398 – – 76.00 866 248 ZAR
2017 15 134 – – 15 134 – – 76.00 1 150 184 ZAR
Vodafone shares – no performance conditions
2014 11 133 11 133 – – 2.19 June 2016 24 381 – – GBP
Vodafone shares – with performance conditions
2014 22 266 7 414 14 852 – 2.19 June 2016 16 237 – – GBP
2015 29 016 – – 29 016 – – 1.14 33 078 GBP
2016 25 630 – – 25 630 – – 1.14 29 218 GBP
2017 55 442 – – 55 442 – – 1.14 63 204 GBP
YeboYethu units
2008 1 567 336 – – 1 567 336 – – 0.26 407 507 ZAR
2016 522 860 – – 522 860 – – 0.26 135 944 ZAR
Notes:
1. For FSP and Vodafone shares with performance conditions, a vesting percentage of 50% is applied.
Executives received dividend payments on the FSP shares held from the award date.