15.3m shares at no cost

15.3m shares at no cost

Cell C CEO Jorges Mendes The R20.8-million Cell C CEO Jorge Mendes spent on the company’s shares in September sits on top of a far larger holding he did not pay for: 7.65 million shares, worth about R203-million at the R26.50 listing price, allocated to him by the operator’s largest shareholder when it listed on…

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