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06-Aug-2018
(C)
Net interest income for the interim period grew to R21.4 billion (R20.8 billion) whilst operating income before operating expenditure increased to R34.2 billion (R32.6 billion). Profit attributable to ordinary equity holders lowered to R7.3 billion (R7.4 billion). Furthermore, headline earnings per share decreased to 880.3 cents per share (917.5 cents per share ).



Declaration of interim dividend number 64

Shareholders are advised that an interim ordinary dividend of 490 cents per ordinary share was declared on 6 August 2018, for the period ended 30 June 2018. The interim ordinary dividend is payable to shareholders recorded in the register of members of the company at the close of business on 14 September 2018. The directors of Absa Group Ltd. have applied the solvency and liquidity test and reasonably concluded that the Group will satisfy the solvency and liquidity test immediately after completion of the dividend distribution.



Company prospects

In South Africa growth prospects remain challenging given subdued business confidence and headwinds to household spending. We forecast real GDP growth of 1.2% this year and 2.0% next year. Fiscal policy remains a challenge as recent tax increases might not be enough to deliver the much needed consolidation. We expect the Reserve Bank to leave interest rates unchanged for some time.



We forecast real GDP growth of 6% in our Rest of Africa portfolio, although monetary policy easing may have bottomed. At current levels, the rand would dampen our earnings less in the second half than it did in the first half.



Based on these assumptions, and excluding any unforeseen major political, macroeconomic or regulatory developments, our guidance for 2018 is largely unchanged. We expect our loan and deposit growth to improve in 2018, with stronger loan growth in Rest of Africa, CIB and Retail South Africa. Our net interest margin is likely to decline slightly this year. Costs will remain well controlled and our operating JAWS should improve from last year's but is unlikely to be positive. We expect our credit loss ratio to improve in 2018. Our CET1 ratio is expected to remain above board targets, which will allow us to maintain our current dividend cover. Lastly, our normalised RoE should improve slightly in 2018.
27-Jul-2018
(Official Notice)
Further to the announcement released on 9 July 2018, shareholders are informed that a telephone conference with the Group Chairman, Wendy Lucas-Bull, and the chairman of the Group Remuneration Committee, Paul O?Flaherty, was held on Monday, 23 July 2018.



A total of 14 shareholders holding approximately 5% of the Group participated. The shareholders posed questions and raised concerns regarding certain aspects of the disclosure relating to Long Term Incentive Plan awards and about the application of Capital Requirements Directive IV to Absa's senior executives.
20-Jul-2018
(Official Notice)
Shareholders are advised that Barclays PLC has received approval from the Prudential Regulatory Authority and Financial Conduct Authority in the United Kingdom for the full regulatory deconsolidation of Absa Group (formerly Barclays Africa Group), effective 30 June 2018.



Regulatory deconsolidation represents a milestone in Absa Group?s separation from Barclays PLC. We expect to complete the operational separation in 2020, including rebranding our subsidiaries in the rest of Africa and transferring off the services provided by Barclays PLC.
10-Jul-2018
(Permanent)
Barclays Africa Group Ltd. renamed to Absa Group Ltd. on 11 July 2018
09-Jul-2018
(Official Notice)
As a result of the number of votes exercised against the non-binding advisory vote number 1, and there being more than 25% of the votes exercised against the non-binding advisory vote number 2 at the AGM on 15 May 2018, in terms of the recommendations of the King IV Report on Corporate Governance for South Africa, 2016 and paragraph 3.84(k) of the Listings Requirements, shareholders are hereby invited to raise their concerns or recommendations on the remuneration policy and the remuneration implementation report, by means of a telephone conference with the Group Chairman, Wendy Lucas-Bull, and the chairman of the Group Remuneration Committee, Paul O?Flaherty, to be held at 12h30 SA time on 23 July 2018.



Shareholders who wish to participate in the telephone conference are requested to contact the Group Company Secretary, Nadine Drutman, at the telephone numbers or email addresses provided below by Thursday, 19 July 2018 at 17H00, in order to obtain further details of the telephone conference.
03-Jul-2018
(Official Notice)
Shareholders are referred to the announcements on 3 May and 15 May 2018, pertaining to the approval of the change of name from Barclays Africa Group Ltd. to Absa Group Ltd. In this regard, shareholders are advised that the timetable for the change of name has remained unchanged, as follows:



Name change timetable

*Publication of finalisation information (D-8) - Tuesday, 3 July 2018

*Last day to trade in old securities in respect of the name change (D-3) - Tuesday, 10 July 2018

*Shares trade under new name ?Absa Group Ltd.?, ISIN ?ZAE000255915? and code ?ABG? (D-2) - Wednesday, 11 July 2018

*Record date (D+0; Friday) - Friday, 13 July 2018

*Issue of new securities to certificated holders (D+1) - Monday, 16 July 2018

*Dematerialised shareholders will have their accounts at the central securities depository participant (CSDP)/broker updated on Monday, 16 July 2018



Interim results announcement date

Shareholders are also informed that the date of the Group?s interim results announcement has changed to 6 August 2018. The indicative interim dividend record and payment dates, as set out in the financial results booklet and on the Group?s website, remain unchanged.
31-May-2018
(Official Notice)
Shareholders are advised that Mohamed Husain has been appointed as the Lead Independent Director of both the Group and Absa Bank boards with effect from 1 June 2018. Mohamed will be replacing Trevor Munday, who retired from the boards on 15 May 2018, as Lead Independent Director.
31-May-2018
(Official Notice)
The quarterly Pillar 3 disclosure is made in accordance with the requirements of Regulation 43 of the regulations relating to Banks and previously issued Banks Act directives as well as the Basel Committee on Banking Supervision?s Revised Pillar 3 disclosure requirements issued on 29 March 2017.



This disclosure is made in terms of International Financial Reporting Standards (IFRS) as required by Regulation 3 of the regulations relating to Banks. IFRS results include the impact of the contribution amounts received as part of the separation from Barclays PLC. Normalised results, which exclude the impact of contribution amounts received from Barclays PLC, are also included.



In accordance with SARB Directive 5 of 2017 (Directive 5), Barclays Africa Group Limited and Absa Bank Limited have elected to utilise the transition period of three years for phasing in regulatory capital impact of IFRS 9. As required by Directive 5, both the fully loaded and transitional impacts of IFRS 9 are disclosed.

Capital Adequacy



Barclays Africa Group Ltd.

Barclays Africa Group Ltd. (or the Group) remains capitalised above the minimum regulatory capital requirements and above or within Board-approved target capital ranges.



The Group continues to optimise the level and composition of capital resources. In line with this objective, the Group will continue to raise Basel III compliant capital instruments as and when appropriate, in the domestic and/or international capital markets.
15-May-2018
(Official Notice)
In accordance with paragraph 3.91 of the JSE Limited Listings Requirements (?the Listings Requirements?), shareholders are advised that at the AGM of the Company held on Tuesday, 15 May 2018, the resolutions set out in the notice of AGM sent to shareholders together with the integrated report for the year ended 31 December 2017, were passed by the requisite majority of votes. A total of 647 143 161 shares were present or represented at the meeting, representing no less than 76% of the Company?s total issued ordinary share capital.



The special resolutions will be lodged with the Companies and Intellectual Property Commission (CIPC) in due course and, where appropriate, the Registrar of Banks. As a result of the number of votes exercised against the non-binding advisory vote number 1, and there being more than 25% of the votes exercised against the non-binding advisory vote number 2, in terms of the recommendations of the King IV Report on Corporate Governance for South Africa, 2016 and paragraph 3.84(k) of the Listings Requirements, shareholders will be invited to raise their concerns or recommendations on the remuneration policy and the remuneration implementation report. Further details will be announced on SENS in due course.
15-May-2018
(Official Notice)
Shareholders are advised of the resignation of an executive director, as set out below.



David Hodnett has resigned from the Group and Absa Bank and will accordingly, with immediate effect, cease to be Executive Director and Deputy Chief Executive. David will participate in a handover between now and the end of August 2018.
03-May-2018
(Official Notice)
09-Apr-2018
(Official Notice)
Shareholders are advised of the change in executive responsibilities of a director, as set out below, with immediate effect. The Group?s new growth strategy, announced on 1 March 2018 requires a change in operating model to deliver the three stated priorities: (i) restoring market leadership in core businesses, (ii) creating a thriving organisation; and (iii) building new propositions.



The new Group structure will consist of four businesses: Retail and Business Banking (RBB) South Africa; Corporate and Investment Banking (CIB); Rest of Africa Banking; and Wealth, Investment Management and Insurance (WIMI). The chief executive of each of these businesses will report directly to the Group Chief Executive. South Africa Banking will cease to be a management or reporting segment.



* David Hodnett, currently Deputy Chief Executive, will take a two-month sabbatical.

* Arrie Rautenbach becomes Chief Executive Officer: RBB South Africa. He is currently the Group?s Chief Risk Officer and has extensive retail banking experience.

* CIB remains under the joint leadership of Temi Ofong and Mike Harvey. They will report to Maria Ramos, Group Chief Executive Officer, while David is on sabbatical.

* Peter Matlare, currently Deputy Chief Executive, remains responsible for Rest of Africa Banking.

* Nomkhita Nqweni continues as Chief Executive Officer, WIMI.
03-Apr-2018
(Official Notice)
Investors are advised that the Barclays Africa Group and Absa annual financial statements for the year ended 31 December 2017 are available for viewing and downloading at www.barclaysafrica.com/investor- relations/announcements-and-publications/annual-interim-and-quarterly-reports/ and www.absa.co.za/about-us/absa-bank/investor-relations/, respectively.

29-Mar-2018
(Official Notice)
01-Mar-2018
(Official Notice)
B-Africa shareholders are advised of the intention to change the Group?s name from ?Barclays Africa Group Ltd.? to ?Absa Group Ltd.?, subject to regulatory and shareholders? approval.



The name change will be effective from the date set out in the amended registration certificate issued by the Companies and Intellectual Property Commission (CIPC) as contemplated in section 16(9) of the Companies Act.



A special resolution to this effect will be included in the notice of annual general meeting (AGM) to be issued to shareholders of Barclays Africa Group on 29 March 2018 for the meeting on 15 May 2018.



Subject to all conditions precedent above being met, the proposed share code and ISIN from the effective date of the name change currently 30 May 2018 will be:

- New Share code ? ?ABG?

- New ISIN - ZAE000255915.



Background to the proposed name change

The Transitional Trade Mark License Agreement, entered into between Barclays Africa Group and Barclays PLC as part of the separation arrangement, inter alia, provides that:

- the use of the name ?Barclays Africa Group Ltd.? is permitted up to 6 June 2020, provided BAGL announce the intention to change its name on or before 6 June 2018;

- in South Africa, the term ?Member of Barclays? must be removed by 6 June 2018, subject to an additional two-year run off period in respect of debit and credit cards; and

- the Barclays brand may only be used in the rest of Africa up to 6 June 2020, subject to an additional two-year run off period in respect of debit and credit cards.



Salient Dates: 2018

* Posting of Notice of AGM : 29 March

* AGM : 15 May

* Results of AGM on SENS : 15 May

* Lodge name change with CIPC : 16 May



Name change timetable (subject to change, depending on the date of registration of the new name at CIPC):

* Publication of finalisation information : 22 May

* Last day to trade in old securities in respect of the name change : 29 May

* Shares trade under new name, ISIN and code : 30 May
01-Mar-2018
(C)
19-Feb-2018
(Official Notice)
Barclays Africa Group shareholders are advised that the North Gauteng High Court delivered its judgment in the matter between Absa Bank (Absa) and the Public Protector on Friday.



As indicated on 20 June 2017, Absa applied to the High Court to set aside the Public Protector?s final report and its remedial actions, which included recovering R1.125bn from Absa relating to its acquisition of Bankorp in April 1992.



The High Court found in Absa?s favour by setting aside the Public Protector?s remedial actions and awarding punitive costs against the Public Protector.
25-Jan-2018
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Ltd. that Barclays Africa Group requested Standard and Poor?s (S-P) to withdraw its 'zaBBB+/zaA-2' long-term and short-term South Africa national scale ratings on 23 January 2018.



S-P will continue to provide the long-term and short-term South Africa national scale ratings for Absa Bank.



Additionally, Moody?s Investors Service will continue to provide the long-term and short-term foreign, local and national scale ratings for both Barclays Africa Group and Absa Bank.

16-Jan-2018
(Official Notice)
Shareholders are advised of the appointment of Ms Tasneem Abdool-Samad as independent non-executive director to the Board of Barclays Africa Group with effect from 1 February 2018. She will be stepping down from the Absa Bank Limited board (which she joined as an independent director in April 2016) with effect from 31 January 2018.
01-Dec-2017
(Official Notice)
On 1 June 2017, shareholders were advised that Barclays had reduced its total interest in Barclays Africa to 23.4% from 50.1%, in addition to which:

- 1.5% would be contributed by Barclays to a broad-based black economic empowerment (?B- BBEE?) scheme in due course; and

- 7.0% would be taken up by the Public Investment Corporation SOC Ltd. (?PIC?) on a deferred completion, subject to receipt of all necessary regulatory approvals by the PIC, following which Barclays? total interest in Barclays Africa would be approximately 15%.



On 4 September 2017, a transaction was effected in which the 1.5% stake in Barclays Africa was transferred from Barclays to an interim B-BBEE structure which was established by Barclays Africa, and accordingly Barclays? total interest in Barclays Africa was reduced to 21.9%. The intention is that these shares will be held in the interim B-BBEE structure for a period before ultimately being applied towards a new Barclays Africa B-BBEE scheme. Further details will be announced in due course.



As noted above, the transfer of the 7.0% stake in Barclays Africa to the PIC is subject to regulatory approval. Pending receipt of such approvals, pursuant to an agreement between Barclays, the PIC and the local subsidiaries of two international financial institutions (the ?Financial Institutions?), Barclays transferred (subject to settlement) the 7.0% stake in Barclays Africa to the Financial Institutions on 30 November 2017. This agreement is broadly a continuation of the previous agreement between Barclays and the PIC and was therefore concluded at a price of R136.09 per share. The intention is:

- for the Financial Institutions to hold 4.0% and 3.0%, respectively, in Barclays Africa (at which level, no regulatory approval is required); and

- for the PIC to ultimately take ownership of the 7.0% stake in Barclays Africa from the Financial Institutions, subject to it receiving all necessary regulatory approvals.



Following the contribution to the interim B-BBEE structure and the transfer to the Financial Institutions, Barclays? total interest in Barclays Africa is at 14.9%. Barclays has indicated that this represents its desired long term shareholding in Barclays Africa and that no further sales are planned at this time.
28-Aug-2017
(Official Notice)
Shareholders are advised of the appointment of Mr Monwabisi Fandeso as independent non-executive director to the Board of B-Africa with effect from 1 September 2017.
11-Aug-2017
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Ltd. that Moody?s Investors Service ?Moody?s) has, on 10 August 2017, assigned provisional senior unsecured local currency rating of (P)Baa3 to the ZAR60 billion Domestic Medium Term Note (DMTN) Programme of Absa Bank Ltd. (Absa Bank), and (P)Ba1 to the ZAR30 billion DMTN programme of Barclays Africa Group Ltd. (BAGL). Both ratings are in line with Absa Bank?s Baa3 (negative) long term deposit rating and BAGL?s BA1 (negative) long term issuer rating.



Absa Bank Ltd.?s ZAR60 billion DMTN programme

The (P)Baa3 local currency rating assigned to the senior unsecured class of notes of Absa Bank?s existing DMTN programme is aligned with its Baa3 long-term deposit rating, reflecting the fact that the senior instruments issued under the programme will be direct, unconditional, unsubordinated and unsecured obligations of Absa Bank and rank equally with all other unsecured and unsubordinated obligations of Absa Bank.



Barclays Africa Group Ltd.?s ZAR30 billion DMTN programme

The (P)Ba1 local currency rating assigned to the senior unsecured class of notes of BAGL?s existing DMTN programme is aligned with its Ba1 long-term issuer rating, reflecting the fact that the senior instruments issued under the programme will be direct, unconditional, unsubordinated and unsecured obligations of BAGL and rank equally with all other unsecured and unsubordinated obligations of BAGL.



For further information on the announcement, please refer to the web link below: https://www.moodys.com/research/Moodys-assigns-ratings-to-Absa-Banks-and-Barclays-Africa-Groups-- PR_371066?WT.mc_id=AM
RmluYW56ZW4ubmV0X1JTQl9SYXRpbmdzX05ld3NfTm9fVHJhbnNsYXR pb25z
20170810_PR_371066
28-Jul-2017
(C)
18-Jul-2017
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Limited that Moody?s has, on 17 July 2017, assigned a first time long and short-term issuer rating of Ba1/Not-prime, and a Aa3.za/P-1.za national scale issuer rating to Barclays Africa Group. The outlook on the long-term issuer rating is negative.



Moody?s states that the rating captures BAGL?s good capital buffers with a Common Equity Tier 1 (CET1) ratio of 11.8% as of March 2017 and an equity-to-assets ratio of 9.3% as of December 2016; its solid profitability metrics with reported return on equity of 16.6%; rising liquidity buffers; and the Group?s extensive sub-Saharan Africa operations that provide diversification benefits and growth potential.



BAGL?s Ba1 issuer rating is positioned one notch below the adjusted baseline credit assessment (BCA) of Baa3 assigned to Absa Bank Limited. BAGL?s issuer ratings carry a negative outlook, which is primarily driven by the negative outlook on South African?s government rating (Baa3, negative).



Summary of ratings actions:

Assignments:

*Long-term Issuer Ratings (Local and Foreign Currency), Assigned Ba1 Negative

*Short-term Issuer Ratings (Local and Foreign Currency), Assigned Not-Prime

*National Scale Rating Long-Term Issuer Rating, Assigned Aa3.za

*National Scale Rating Short-Term Issuer Rating, Assigned P-1.za



Outlook Actions:

*Negative Outlook Assigned
14-Jul-2017
(Official Notice)
Notice was given that the Company?s annual compliance report in terms of section 13G(2) of the Act has been published and is available on the Company?s website at www.barclaysafrica.com/content/dam/barclays-africa/bagl/pdf/reports/2017/2017_b- bbee_compliance_report.pdf
21-Jun-2017
(Official Notice)
The Public Protector released a final report on Monday (?the report?) regarding her investigation into the assistance provided by the South African Reserve Bank to Bankorp between 1985 and 1995. Bankorp was acquired by Absa in 1992.



B-Africa and Absa Bank shareholders are advised that Absa has decided to approach the High Court in order to have the report reviewed and set aside. This is due to numerous misrepresentations and factual inaccuracies which form the basis of the Public Protector's findings, and what we submit are the irrational and unreasonable legal conclusions in the report. The misconceptions and inaccuracies in the report are profound and damaging to Absa?s reputation.



We have accordingly instructed our lawyers to immediately prepare an application to the High Court to have the report and its remedial actions set aside. We deny that Absa received R1.125 billion by way of unlawful assistance and we firmly maintain our position that all of Absa?s obligations to the South African Reserve Bank were met in full by October 1995. We will update shareholders on this matter as appropriate.
19-Jun-2017
(Official Notice)
Shareholders are advised that, pursuant to the sell-down of shares in B-Africa by Barclays PLC, Ashok Vaswani will step down as non-executive director from the Board of B-Africa with effect from 30 June 2017.
01-Jun-2017
(Official Notice)
31-May-2017
(Official Notice)
31-May-2017
(Official Notice)
31-May-2017
(Official Notice)
Barclays PLC (?Barclays?) announced on 1 March 2016 that it intended, over a two- to three-year period, to reduce its shareholding in B-Africa to a level which will permit Barclays to de-consolidate B-Africa from a regulatory perspective and, prior to that, from an accounting perspective.



On 23 February 2017, B-Africa announced that the terms of the transitional services arrangements and the separation payments had been agreed with Barclays. These were submitted to relevant regulators as part of a request for approval for Barclays to sell down its holding in B-Africa to below 50%.



Barclays and B-Africa have now received the required regulatory approval from the Minister of Finance in South Africa for the sell-down.



B-Africa shareholders are advised to exercise caution until a further announcement is made.
31-May-2017
(Official Notice)
The quarterly Pillar 3 disclosure is made in accordance with the requirements of the Banks Act, No. 94 of 1990 (the Banks Act) read together with South African Reserve Bank Directive 11 of 2015 (D11/2015) and the Basel Committee on Banking Supervision?s Revised Pillar 3 disclosure requirements issued on 28 January 2015.



Capital Adequacy

Barclays Africa Group Ltd.

Barclays Africa Group Ltd. remains capitalised above the minimum regulatory capital requirements and above/within our board approved target capital ranges. As at 31 March 2017, Barclays Africa Group Ltd.?s Common Equity Tier 1 ratio was 11.8%, Tier 1 ratio was 12.2% and Total Capital Adequacy ratio was 14.5%, all as reported on a statutory capital basis.



Absa Bank Ltd.

Absa Bank Ltd. remains capitalised above the minimum regulatory capital requirements and above/within our board approved target capital ranges. As at 31 March 2017, Absa Bank Ltd.?s Common Equity Tier 1 ratio was 11.7%, Tier 1 ratio was 12.1% and Total Capital Adequacy ratio was 15.2%, all as reported on a statutory capital basis.



The Group continues to optimise the level and composition of capital resources. In line with this objective the Group will continue to raise Basel III compliant capital instruments, in the domestic and/or international capital markets.
16-May-2017
(Official Notice)
Shareholders are advised that at the AGM of the company held on Tuesday, 16 May 2017, all the resolutions set out in the notice of AGM sent to shareholders together with the integrated report for the year ended 31 December 2016, were passed by the requisite majority of votes. A total of 765 956 820 shares were present or represented at the meeting, representing no less than 90% of the company?s total issued ordinary share capital.



The special resolutions will be lodged with the Companies and Intellectual Property Commission (CIPC) in due course and, where appropriate, the Registrar of Banks.

28-Apr-2017
(Official Notice)
Shareholders are advised that Daniel Hodge has been appointed as non-executive director on the board of Barclays Africa Group with effect from 1 May 2017.



Shareholders are also advised that Patrick Clackson will be stepping off the board with effect from 30 April 2017. Patrick, who has served on the board since March 2013, was the chairman of the Information Technology Committee and a member of the Group Remuneration Committee.



Following his departure from Barclays PLC effective 30 June 2017, Mark Merson, who has been on the Barclays Africa Group board since January 2014, will no longer be a Barclays PLC-nominated director. At the request of the Barclays Africa Group board, Mark will remain on the Board as a non-executive director, with the board continuing to benefit from his banking, risk and finance skills.





28-Apr-2017
(Official Notice)
31-Mar-2017
(Official Notice)
Shareholders are advised that the company?s Integrated Report will be lodged with the JSE Limited and distributed to shareholders today, Friday, 31 March 2017. The Integrated Report will also be available on Barclays Africa Group?s website from 31 March 2017. An abridged report has not been published as the information previously published in the Group?s audited results on Thursday, 23 February 2017 is unchanged. Ernst - Young Inc. and PricewaterhouseCoopers Inc. audited the Group?s results and their unqualified audit reports are available for inspection at the registered office of the company.



Notice of the Annual General Meeting

Notice is hereby given that Barclays Africa Group?s Annual General Meeting (AGM) will be held in Room 8.02, Barclays Towers West, 15 Troye Street, Johannesburg on Tuesday, 16 May 2017 at 10:00 to transact the business as stated in the notice of AGM.



In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the company?s securities register in order to participate in and vote at the AGM) is Friday, 5 May 2017. Therefore the last day to trade in Barclays Africa Group shares in order to be in the register is Tuesday, 2 May 2017.
24-Feb-2017
(Official Notice)
Following the increase in the dividend withholding tax announced during the budget speech by the Minister of Finance on Wednesday, 22 February 2017, shareholders are advised of the following changes to the dividend declaration, which was announced by Barclays Africa Group on Thursday, 23 February 2017:



The dividend will now be subject to local dividends withholding tax at a rate of 20%, up from 15%. In accordance with paragraphs 11.17 (a) (i) to (ix) and 11.17 (c) of the JSE Listings Requirements, the following additional information is disclosed:

*The local dividend tax rate is twenty per cent (20%).

*The gross local dividend amount is 570 cents per ordinary share for shareholders exempt from the dividend tax.

*The net local dividend amount is 456 cents per ordinary share for shareholders liable to pay the dividend tax.



The remainder of the original dividend declaration is unchanged.

23-Feb-2017
(C)
Net interest income for the year increased to R42 billion (2015: R38.4 million), profit attributable to ordinary equity holders rose to R14.7 billion (2015: R14.3 billion), while headline earnings per ordinary share grew to 1 769.6 cents per share (2015: 1 687.2 cents per share).



Declaration of final ordinary dividend number 61

Shareholders are advised that an ordinary dividend of 570 cents per ordinary share was approved on 22 February 2017 and was declared on 23 February 2017, for the period ended 31 December 2016.



Prospects

In South Africa, the group expects modest economic recovery and forecast GDP growth of 1.0% for 2017. Inflation should return to within the South African Reserve Bank?s target band in the second quarter, resulting in flat interest rates. The group expects 4.5% average GDP growth in their other presence countries in Africa. Note that the current rand strength would be a drag on rest of Africa?s contribution this year, particularly in the first half of the year. Against this backdrop, and barring any unforeseen regulatory and macro-economic developments, the group continues to expect low to mid-single digit loan growth, with CIB growing faster than RBB and South Africa lagging the rest of Africa?s growth in constant currency. The group's net interest margin is expected to decline slightly this year. Slower revenue growth, in part due to regulatory changes, is likely to produce negative Jaws in the near term, despite continued cost containment. The group expect sthe strong rand and regulatory pressures to dampen their growth in the first half. However, the group's credit loss ratio should improve in 2017, in part due to the large single name provision in the base, while last year?s reduction in their retail early delinquencies in South Africa also bodes well. The group's CET1 ratio is likely to remain above board targets and their RoE should be broadly similar to 2016?s. While separating from Barclays PLC will impact their near-term returns, they still believe that their stated longer-term targets currently remain appropriate for their Group including an 18% RoE and low 50s cost to income ratio. Lastly, the group continues to expect that their dividend cover is likely to increase slightly in the medium term.
01-Feb-2017
(Official Notice)
Shareholders are advised that Rene van Wyk has been appointed as an independent non-executive director on the boards of Barclays Africa Group and Absa Bank with effect from 1 February 2017. In addition to the Barclays Africa Group and Absa Bank board positions, Rene will serve on three Barclays Africa Group board committees, namely the Group Risk and Capital Management, Group Audit and Compliance, and Concentration Risk Committee.
13-Jan-2017
(Official Notice)
Barclays Africa Group noted media reports on 13 January 2017 regarding a provisional report by the Public Protector (12 of 2016/17) dealing, in part, with the financial assistance Bankorp received from the South African Reserve Bank (SARB) from 1985 to 1995.



Shareholders are advised that we have co-operated fully with the Public Protector?s investigation and will continue to do so. As this is a confidential provisional document released to a limited number of parties for comment and further input, it may change materially following further submissions. We have informed the Public Protector that we accept her invitation to make further submissions within the deadline of 28 February 2017, which will correct several factual and legal inaccuracies contained in the provisional report.



It is regrettable that the provisional report was leaked before further submissions and the finalisation thereof, because in its current form it creates the incorrect view that Absa Bank Ltd. ("Absa"), a subsidiary of the Group, received undue benefits by virtue of the SARB assistance to Bankorp. Bankorp started receiving SARB assistance in 1985. Absa acquired Bankorp at fair value in April 1992. All the obligations pertaining to the SARB?s assistance were discharged in full by October 1995.



The Davis Panel of Experts appointed by the SARB Governor in June 2000 found that Absa?s shareholders did not derive any undue benefit from the SARB?s intervention and, as such, no claim of restitution could be pursued against Absa. We agree with this finding. The full Davis Panel report is available at: www.gov.za/sites/www.gov.za/files/gov_panelexperts_bankorp_0.pdf



Shareholders will be updated as appropriate.
08-Nov-2016
(Official Notice)
Following the announcement on 24 March 2016 advising that Trevor Munday would step down as director of Barclays Africa Group and Absa Bank in the second half of this year, shareholders are informed that he will remain as lead independent non-executive director on the Barclays Africa Group and Absa Bank boards (the Boards) for the time being.



In light of the announcement by Barclays PLC of its intention to sell down its shareholding in Barclays Africa Group, and the resultant increase in demands on the Boards, Trevor has agreed to delay his departure.
27-Oct-2016
(Official Notice)
Shareholders are advised that Barclays PLC released its third quarter 2016 results today, 27 October 2016.



Their announcement included abridged pound sterling results for the Africa Banking segment disclosed under Discontinued Operations, which reflects Barclays PLC?s stake in Barclays Africa Group. While Africa Banking is impacted by various cost overlays, consolidation and other adjustments, including increased minority interests following Barclays PLC?s reduced shareholding, it still provides some indication of Barclays Africa Group?s performance for the period ended 30 September 2016.
15-Aug-2016
(Official Notice)
Shareholders are advised that Jason Quinn has been appointed Barclays Africa Group Financial Director and Financial Director of Absa Bank with effect from 1 September 2016. He becomes an Executive Director of Barclays Africa and Absa Bank Ltd.



David Hodnett, the current Deputy Chief Executive Officer and Financial Director, remains the Deputy Chief Executive Officer responsible for the Group?s South African banking operations, and an Executive Director of both the Group and Absa Bank.
29-Jul-2016
(C)
01-Jul-2016
(Official Notice)
Shareholders are advised that Peter Matlare, an independent non-executive director of Barclays Africa Group since December 2011, has been appointed Deputy Chief Executive Officer, with responsibility for our rest of Africa banking operations, and becomes an executive director of the Group with effect from 1 August 2016.



Mr Matlare is the former Chief Executive Officer of Tiger Brands Limited (2008 to 2015) and prior to that he had senior roles with Vodacom Group Ltd., Vodacom South Africa, the South African Broadcasting Corporation, and Primedia Broadcasting - Entertainment. He holds a BSc (Hons) and MA from the Universities of Plymouth and York respectively.



David Hodnett continues in his role as Deputy Chief Executive Officer, focusing on our South African banking operations, and Financial Director.
27-May-2016
(Official Notice)
Barclays Africa Group Ltd. remains capitalised above the regulatory minimum requirements, with Tier 1 and Total Capital Adequacy ratios being within our board approved target capital ranges and Common Equity Tier 1 marginally above the board approved target capital ranges. As at 31 March 2016, Barclays Africa Group Ltd?s Common Equity Tier 1 ratio was 11.6%, Tier 1 ratio was 12.1% and Total Capital Adequacy ratio was 14.0%.





17-May-2016
(Official Notice)
Shareholders are advised that at the AGM of the Company held on Tuesday, 17 May 2016, all the resolutions set out in the notice of AGM sent to shareholders together with the integrated report for the year ended 31 December 2015, were passed by the requisite majority of votes. A total of 778 797 855 shares were present or represented at the meeting, representing 91.87% of the company?s total issued ordinary share capital.



The special resolutions will be lodged with the Companies and Intellectual Property Commission (CIPC) in due course and, where appropriate, the Registrar of Banks.

17-May-2016
(Official Notice)
Shareholders are advised of the following new independent non-executive appointments to the Boards of Barclays Africa Group and Absa Bank: Ms Dhanasagree (Daisy) Naidoo has been appointed to the Board of Barclays Africa Group and Ms Tasneem Abdool-Samad has been appointed to the Board of Absa Bank, both with effect from 17 May 2016.







05-May-2016
(Official Notice)
Further to the announcement released on 4 May 2016, Barclays has sold 103,592,491 ordinary shares in the capital of Barclays Africa (representing 12.2% of Barclays Africa?s issued share capital) at a price of ZAR126 per share through an accelerated bookbuild placing (the "Placing"), raising aggregate gross sale proceeds of approximately ZAR13.053 million (GBP603 million)(Note 1). Upon settlement, the Placing is expected to result in a pro forma increase of approximately 10 basis points on the 31 March 2016 CET1 ratio.



Barclays Bank PLC, acting through its investment bank (?Barclays Investment Bank?) is acting as sole global coordinator and joint bookrunner, together with Citigroup Global Markets Ltd., J.P. Morgan Securities plc (which conducts its UK investment banking activities as J.P. Morgan Cazenove) and UBS Ltd. (the ?Managers?) who, together with Barclays Investment Bank, are acting as joint bookrunners on the Placing (together, the ?Joint Bookrunners?). Following completion of the Placing, Barclays will hold 424.7 million ordinary shares in the capital of Barclays Africa, representing approximately 50.1% of Barclays Africa?s issued share capital.



All of the remaining ordinary shares in Barclays Africa held by Barclays PLC or its subsidiaries (excluding Barclays Africa and its subsidiaries) not sold in the Placing will be subject to a 90 day lock-up restriction from settlement. During this period, the lock-up restriction may be waived with the consent of the Managers (such consent not to be unreasonably withheld or delayed). The proceeds of the Placing are payable in cash on usual settlement terms, and settlement of the Placing is expected to occur on a T+5 basis on 12 May 2016, subject to the satisfaction or waiver of certain customary conditions. Pursuant to the above and in accordance with section 122 (3)(b) of the Companies Act and section 3.83(b) of the Listings Requirements of the JSE Ltd., Barclays Africa shareholders are advised that Barclays Africa has received formal notification from Barclays PLC that its total interest in Barclays Africa has been reduced from 62.3% to 50.1%.
04-May-2016
(Official Notice)
28-Apr-2016
(Official Notice)
With reference to the SENS announcement on 5 April 2016, regarding the circular to Barclays PLC shareholders (relating to the proposed sell down of Barclays PLC's shareholding in the Barclays Africa Group), Barclays Africa Group shareholders are advised that, at a general meeting of Barclays PLC shareholders held today, the following resolution was passed:



?To approve any disposal of ordinary shares in Barclays Africa Group Ltd and to authorise the Directors of the company, or of any relevant subsidiary of the company, to effect any disposal of ordinary shares in Barclays Africa Group Ltd.?



28-Apr-2016
(Official Notice)
Barclays Africa Group shareholders are advised that Barclays PLC released its first quarter 2016 results on 27 April 2016, a public holiday in South Africa. Barclays PLC disclosed pound sterling results for an African Banking segment, which includes Barclays Africa Group and various cost overlays, consolidation and other adjustments. Barclays PLC provided a view of the performance for the three months ended 31 March 2016, which maintained a number of operating trends that Barclays Africa Group showed in 2015.



Barclays PLC?s results announcement also contained the following statement regarding its proposed sell down of its shareholding in Barclays Africa Group: ?On Africa, we continue to explore opportunities to reduce our shareholding to a level that achieves regulatory deconsolidation, including capital market and strategic options, and we are pleased with the level of indicative interest in what is a high quality business. Barclays Africa is an important partner, and we are working closely with local management, including on the planning for the operational separation of the two businesses, in a way that will preserve value for shareholders in both Groups.?
05-Apr-2016
(Official Notice)
31-Mar-2016
(Official Notice)
Shareholders are advised that the company?s Integrated Report will be lodged with the JSE Ltd. and distributed to shareholders today, Thursday, 31 March 2016. The Integrated Report will also be available on Barclays Africa Group?s website from 31 March 2016. An abridged report has not been published as the information previously published in the Group?s audited results on Tuesday, 1 March 2016 is unchanged. Ernst - Young Inc. and PricewaterhouseCoopers Inc. audited the Group?s results and their unqualified audit reports are available for inspection at the registered office of the company.



Notice of the Annual General Meeting

Notice is hereby given that Barclays Africa Group?s Annual General Meeting (AGM) will be held in Room 8.02, Barclays Towers West, 15 Troye Street, Johannesburg on Tuesday, 17 May 2016 at 11:00 to transact the business as stated in the notice of AGM.



In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the company?s securities register in order to participate in and vote at the AGM) is Friday, 6 May 2016. Therefore the last day to trade in Barclays Africa Group shares in order to be in the register is Thursday, 28 April 2016.
24-Mar-2016
(Official Notice)
In anticipation of reaching his 9 years on the Barclays Africa Group Board at the end of March 2016 and thereafter entering his tenth year, Trevor Munday has indicated his intention to retire as an independent non-executive director from the Boards of Barclays Africa Group and Absa Bank during the second half of 2016. Trevor has availed himself for re-election at this year?s annual general meeting on 17 May 2016, but has indicated that he intends to step down during the course of the later part of 2016 once the transfer of his committee and other duties has been concluded.
09-Mar-2016
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of the JSE Ltd. that S-P has on 9 March 2016 downgraded the national scale ratings of BAGL and affirmed the national scale ratings of Absa Bank respectively.



S-P has lowered the national scale ratings on BAGL to ?zaA/zaA-2? from ?zaAA-/zaA-1?, while leaving Absa Bank?s national scale rating unchanged at 'zaAA-/zaA-1'. The rating actions follow the Barclays PLC announcement concerning the proposed sell down of its African operations over the next two to three years. S-P does not provide a rating outlook.



Further details are available on S-P?s website or press release ?Barclays Africa Group Downgraded To ?zaA/zaA-2?; Subsidiary Absa Bank ?zaAA-/zaA-1? Ratings Affirmed?.
01-Mar-2016
(Official Notice)
Following the announcement by Barclays Bank PLC earlier today, 1 March 2015, of its intention to reduce its shareholding in Barclays Africa Group, Wendy Lucas-Bull has indicated that she is stepping down from the Barclays PLC and Barclays Bank PLC boards with immediate effect, to ensure that no conflicts of interest exist as a result of her being a member of these boards as well as the Chairman of the BAGL Board. Wendy?s status will therefore be that of independent non-executive Chairman on the boards of BAGL and Absa Bank.
01-Mar-2016
(Official Notice)
In terms of section 7.2 of the Debt Listings Requirements of the JSE Limited, investors are advised that the Barclays Africa Group and Absa annual financial results for the year ended 31 December 2015 are available for viewing and downloading at http://www.barclaysafrica.com/barclaysafrica/Investor- Relations/Announcements-and-publications/Financial-results and http://www.absa.co.za/Absacoza/About-Absa/Absa-Bank/Reports-and-SENS, respectively.
01-Mar-2016
(Official Notice)
Shareholders are referred to the cautionary announcement released at 07h05 (SAST) on Monday, 29 February 2016. In its results announcement today at approximately 07h00 (BST) time (09h00 SAST), Barclays PLC made the following statement regarding their shareholding in Barclays Africa:



?Proposed selldown of Barclays Africa

Barclays Africa announced its intention to sell down its 62.3% interest in its African business, Barclays Africa, over the coming two to three years, to a level which will permit the Group to deconsolidate it from an accounting and regulatory perspective, subject to shareholder and regulatory approvals if and as required.



Barclays Africa is a well-diversified business and a high quality franchise. However the stake in Barclays Africa presents specific challenges to Barclays as owners, such as the level of capital held in respect of Barclays Africa, the international reach of the UK Bank Levy, the GSIB buffer, and MREL/TLAC and other regulatory requirements. Barclays Africa is today reporting a 17% return on equity for 2015 in its standalone local currency results versus the 8.7% return reported for Africa Banking in Barclays? results.?



The Barclays Africa board notes that it is clear from this announcement that Barclays PLC is reducing its shareholding in Barclays Africa due to recently introduced regulatory burdens specific and particular to Barclays PLC as a UK headquartered and globally significant financial institution. These regulations significantly decrease Barclays Africa?s standalone returns for Barclays PLC.



The Group will now actively engage with Barclays PLC and its regulators to ensure that this process has an appropriate and satisfactory outcome for all its stakeholders.



The cautionary announcement dated 29 February 2016 is hereby withdrawn.
01-Mar-2016
(C)
Total income for the year rose to R67.1 billion (R63.1 billion). Operating income before income tax was higher at R21.3 billion (R19.7 billion). Profit attributable to equity holders grew to R14.3 billion (R13.2 billion). In addition, headline earnings per share increased to 1 687.2 cents per share (1 538.4 cents per share).



Declaration of final ordinary dividend number 59

Shareholders are advised that an ordinary dividend of 550 cents per ordinary share was approved on 29 February 2016 and was declared today, 1 March 2016, for the period ended 31 December 2015.



Prospects

While the risks of a global recession have abated, a meaningful acceleration in growth is unlikely. Barclays Africa forecasts 3.3% global growth in 2016, but the outlook remains fragile, with risks tilted to the downside. Global monetary policy is expected to diverge, with tightening in the US while the euro area and China will continue to ease. In South Africa, weak confidence points to low investment and consumption spending in 2016. Inflation is expected to rise sharply, averaging 6,4% due to food inflation and a weaker rand. The Group forecasts a further 75bps of interest rate increases this year and expect GDP growth to slow to 0,9%. Key risks facing South Africa include continued electricity supply disruptions and a potential credit ratings downgrade. Africa's medium-term outlook remains challenging given global and domestic factors. Overall, Barclays Africa expects economic growth of 5,1% in its presence countries in the rest of Africa.



Against this backdrop, Barclays Africa expects low single digit loan growth, with rest of Africa growing faster than South Africa. The Group's net interest margin should decline slightly as a higher proportion of CIB lending, a lower contribution from our hedging programme and introducing the National Credit Act caps in May 2016, offset the endowment benefit of higher interest rates. The credit loss ratio is expected to increase, as arrears are rising and we believe NPLs have bottomed. However, continued focus on revenue growth and cost management should improve the Group's cost-to-income ratio further. The balance sheet is well positioned for a potential deteriorating economic environment given its high level of portfolio provisions and low NPLs, as well as strong capital ratios and liquidity.
29-Feb-2016
(Official Notice)
Barclays Africa refers to the announcement made by Barclays PLC at 18h00 (BST) time (20h00 SAST) on Sunday 28 February 2016. The full text of the statement appears below:



?Barclays PLC notes the recent press speculation regarding a potential sale of its shareholding in Barclays Africa Group Limited (?Barclays Africa?). The Board continues to evaluate its strategic options in relation to its Barclays Africa shareholding and expects to update the market at the time of its 2015 Full Year Results Announcement on 1 March 2016.? (end of quote)



Consequently, Barclays Africa shareholders are advised to exercise caution when dealing in Barclays Africa shares.



Barclays Africa is an independent entity listed on the Johannesburg Stock Exchange that is well capitalized with a track record of generating strong returns. It is delivering on its strategy, has a strong and independent board, and is a bank regulated by the South African Reserve Bank. The Barclays Africa Board confirms that Barclays Africa will continue to operate in the normal course of business.



Barclays Africa is the majority (and in some cases sole) shareholder of the Barclays Africa operations in South Africa, Kenya, Botswana, Ghana, Zambia, Mauritius, Mozambique, Seychelles, Uganda and Tanzania (Barclays Bank Tanzania Limited and National Bank of Commerce Limited). Barclays Africa confirms that any announcement relating to PLC?s shareholding in Barclays Africa does not impact the shareholding and ownership of these operations.



The Barclays Africa results will be released on SENS in the ordinary course tomorrow (1 March 2016) at 07h00 SAST or shortly thereafter.
01-Feb-2016
(Official Notice)
Shareholders are advised that Mr Paul O?Flaherty has been appointed as an independent non-executive director to the Boards of Barclays Africa Group and Absa Bank with effect from 1 February 2016.



Mr O?Flaherty has been the chief executive officer (CEO) of ArcelorMittal South Africa Ltd. since 1 July 2014. He was previously the finance director and group executive for Group Capital of Eskom Holdings (SOC) Ltd. Prior to that, he was in the construction industry in South Africa, Africa and in the Middle East as deputy CEO of Group Five Limited and chief financial officer of Al Naboodah Construction Group respectively. Before joining the construction industry he was an audit partner at PricewaterhouseCoopers in South Africa.
14-Dec-2015
(Official Notice)
Notice is hereby given to noteholders that Fitch has on 11 December 2015 announced a rating action on a number of South African Banks and associated holding companies. These rating actions were driven by Fitch?s downgrade of the Republic of South Africa to ?BBB-?/Stable as well as a revision in the country?s ceiling to ?BBB?. The National Ratings of Barclays Africa Group Ltd. and Absa Bank Ltd. have been affirmed, while the foreign and local currency Issuer Default Ratings (?IDR?) have been downgraded. All outlooks are Stable, reflecting the Stable outlook on the Sovereign. Further details are available on Fitch?s website (www.fitchratings.com) or contained within the press release titled ?Fitch Downgrades Four South African Banks; Outlook Stable - 11 December 2015?.
11-Dec-2015
(Official Notice)
Notice is hereby given in terms of the Debt Listings Requirements of JSE Ltd. that S-P has on 9 December 2015 lowered the long-term national scale ratings of six South African financial institutions. These rating actions were driven by S-P?s revision to its outlook on the Republic of South Africa. S-P has lowered the long-term national scale ratings on Barclays Africa Group Ltd. and Absa Bank Ltd. to ?zaAA-? from ?zaAA?, while affirming their 'zaA-1'short-term national scale rating for both entities. S-P does not provide a rating outlook on BAGL and Absa. Further details are available on S-P?s website or press release ?Various Negative Rating Actions on Eight South African Financial Institutions After Sovereign Outlook Revision - 09 December 2015?.
07-Dec-2015
(Official Notice)
Shareholders of Barclays Africa Group and Absa are hereby advised that S-P has on 30 November 2015 assigned a ?zaAA? long-term and ?zaA-1? short-term South African national scale rating to Barclays Africa Group and Absa. The ratings reflect the overall creditworthiness of the Barclays Africa Group, whose group credit profile (GCP) S-P assesses at 'bbb-'. S-P?s national scale rating has no outlook. Future ratings on BAGL and Absa are expected to be influenced by S-P?s South Africa rating.
03-Dec-2015
(Official Notice)
Shareholders are referred to the cautionary announcements dated 31 July, 14 September and 27 October 2015 regarding the potential combination of Barclays Bank PLC?s 100% holding in Barclays Bank Egypt SAE and 67.7% holding in Barclays Bank of Zimbabwe Ltd with Barclays Africa Group.



Shareholders are advised that, following extensive discussions, Barclays Africa Group and Barclays Bank PLC could not agree key commercial terms and have decided not to proceed with the proposed combination. Therefore our cautionary is withdrawn and shareholders no longer need to exercise caution when dealing in Barclays Africa Group shares.

29-Oct-2015
(Official Notice)
Barclays Africa Group shareholders are advised that Barclays PLC released its third quarter 2015 results. Barclays PLC disclosed results for its Africa Banking segment, which includes Barclays Africa Group (unaudited), PLC?s operations in Egypt and Zimbabwe, and various cost and taxation overlays. It provided a constant currency view of Africa Banking?s performance for the nine months ended 30 September 2015, which continued a number of trends shown by Barclays Africa Group in the first half of 2015.



These include mid-single digit loan growth, with improving growth from Retail and Business Banking (RBB) Rest of Africa and solid growth from Corporate and Investment Bank (CIB) in South Africa. The Group?s net interest margin widened, reflecting higher interest rates in South Africa and Ghana, a greater proportion of lending from the rest of Africa, and double digit RBB deposit growth.



Revenue growth remained solid in target areas, including Corporate in South Africa and Wealth, Investment Management and Insurance. CIB?s trading revenue in the rest of Africa remained strong, although it was under pressure in South Africa during the quarter. Higher customer numbers contributed to Retail Banking South Africa?s revenue growth. Revenue and earnings growth in the rest of Africa continued to exceed South Africa?s.



The Group?s credit loss ratio continued to improve, in line with normal seasonality, as lower impairments for mortgages and the Edcon portfolio outweighed a higher CIB charge. Group non-performing loans decreased slightly during the period. With operating expenses well contained, Barclays Africa Group?s cost to income ratio improved slightly year on year. Together with a lower effective tax rate, this maintained the positive trajectory in its return on equity, while the Group?s capital ratios remained strong.



Despite economic growth expectations for Sub-Saharan Africa declining further, we reiterate our guidance for 2015. We continue to expect mid-single digit loan growth and a slightly wider net interest margin. Focus on revenue growth and continued cost containment should improve the Group?s cost-to-income ratio, while its credit loss ratio should be similar to that of 2014. These factors should increase the Group?s return on equity.
27-Oct-2015
(Official Notice)
Shareholders are referred to the cautionary announcements dated 31 July and 14 September 2015 regarding the potential combination of Barclays Bank PLC?s 100% holding in Barclays Bank Egypt SAE and 67.7% holding in Barclays Bank of Zimbabwe Limited with Barclays Africa Group.



Shareholders are advised that discussions are still in progress which, if successfully concluded, may have a material effect on the price of BAGL?s shares. Accordingly shareholders are advised to continue exercising caution when dealing in BAGL?s shares until a further announcement is made.

14-Sep-2015
(Official Notice)
Shareholders are referred to the cautionary announcement dated 31 July 2015 regarding the potential combination of Barclays Bank PLC?s 100% holding in Barclays Bank Egypt SAE and 67.7% holding in Barclays Bank of Zimbabwe Ltd. with Barclays Africa Group.



Shareholders are advised that discussions are still in progress which, if successfully concluded, may have a material effect on the price of BAGL?s shares. Accordingly shareholders are advised to continue exercising caution when dealing in BAGL?s shares until a further announcement is made.
17-Aug-2015
(Official Notice)
Noteholders are hereby advised that the Company?s Audited Annual Financial Statements for the year ended 31 December 2014 and Interim Results for the six months ended 30 June 2015 were released on SENS on 3 March 2015 and 29 July 2015 respectively and are available on the Company?s website.



The document can be viewed or downloaded through the below link: http://www.barclaysafrica.com/barclaysafrica/Investor-Relations/Announcements-and- publications/Annual-and-interim-reports

14-Aug-2015
(Official Notice)
Following the required rotation of PwC at a global Barclays PLC level, Barclays Africa Group announces the proposed appointment of KPMG (refer SENS announcement of 3 July 2015) and EY as joint auditors of Barclays Africa and Absa Bank from the 2017 financial reporting period. The proposed appointments are subject to shareholder approval at the relevant Barclays Africa and Absa Bank annual general meetings.
31-Jul-2015
(Official Notice)
B-Africa confirms that it is in preliminary discussions with Barclays Bank PLC (BBPLC) regarding the potential combination of BBPLC?s 100% holding in Barclays Bank Egypt SAE and 67.7% holding in Barclays Bank of Zimbabwe Ltd. (Barclays Zimbabwe) with B-Africa. The discussions are at an early stage and there is no certainty that these discussions will lead to a transaction.



The intention is that the listing of Barclays Zimbabwe on the Zimbabwe Stock Exchange would not be affected. Only BBPLC?s holding in this listed subsidiary would be included in the proposed transaction.



B-Africa shareholders are advised to exercise caution when dealing in B-Africa shares until further announcements are made in this regard.
30-Jul-2015
(Media Comment)
Business Report announced that Barclays Africa's plan to buy its parent company's operations in Egypt and Zimbabwe had been accelerated following management changes. Chief executive Maria Ramos said: "Our ambition is to do the acquisition of both, and the management changes have confirmed that that ambition will be realised. Maria Ramos also said that executive chairman of Barclays, John McFarlane "came to South Africa very shortly after his appointment and there's very firm support for the Africa business". John McFarlane plans to boost revenue and double the share price over the next three to four years. Barclays is seeking expansion in economies offering faster growth than more developed countries. In Nigeria, Barclays has a representative office for its corporate and investment bank, while also awaiting licence approvals. Maria Ramos said that expansion in that economy would be "organic".
29-Jul-2015
(C)
Net interest income increased to R18.463 billion (2014: R17.197 billion), profit attributable to ordinary equity holders rose to R6.770 billion (2014: R6.166 billion), while headline earnings per ordinary share was higher at 797.6cps (2014: 720.9cps).



Declaration of interim ordinary dividend number 58

Shareholders are advised that an interim ordinary dividend of 450cps share was declared for the period ended 30 June 2015. The ordinary dividend is payable to shareholders recorded in the register of members of the Company at the close of business on 11 September 2015.



Prospects

The group expect full-year global growth of 3,3%, slightly below 2014. Notwithstanding the Greece scare, the group expects Europe?s recovery to remain on track, and for developed country growth to lead the way while Emerging Markets, led by China, lag somewhat. Barclays Africa expects moderately higher inflation and for the much awaited US Federal Reserve ?lift-off? to commence. One of South Africa?s key risks is the potential for further protracted electricity supply constraints. Despite modest economic growth, the group believes that headline inflation is likely to move higher into year-end, which together with the global environment, is likely to trigger modest interest rate increases. Barclays Africa expects full-year growth in SA of just 2% this year. In Barclays Africa?s other markets, they expect growth to slip to 5.1% from 5.3% as many of the economies need to tighten fiscal and monetary policy and commodity prices impact underlying finances.



With South African interest rates likely to rise another 25 bps this year, Barclays Africa expects the Group?s net interest margin to widen slightly from 2014?s. The group expects mid-single digit loan growth, with CIB?s faster than RBB?s. Focus on revenue growth and continued cost management should improve the Group?s cost-to-income ratio. The group's credit loss ratio should improve from the first half?s, reflecting normal seasonality, to a level similar to 2014?s 1,02%. These factors should increase their RoE further in 2015. Rest of Africa?s earnings growth is likely to exceed South Africa?s this year.
30-Jun-2015
(Official Notice)
Shareholders are advised that the financial results for the six-month period ending 30 June 2015 will be released on SENS and published on the Group?s website (www.barclaysafrica.com) on Wednesday, 29 July 2015.



A presentation of the results will be made, via webcast and conference call, from Johannesburg at 09:00 a.m. (South African time) on Wednesday, 29 July 2015. Details thereof will be published on the Group?s website prior to the presentation.



Shareholders are also informed that the salient dates for the payment of the Barclays Africa Group interim ordinary dividend, as set out in the financial results booklet for the 12-month period ended 31 December 2014, remain unchanged. Full details of the dividends will be included in the financial results announcement on Wednesday, 29 July 2015.
11-Jun-2015
(Media Comment)
Business Report announced that Barclays reached an agreement to acquire a controlling stake in Kenya's First Assurance for R359.54 million. Lanz Zulu, managing executive for Barclays Africa's Wealth Management and Insurance business said, " The planned acquisition of First Assurance is a good strategic fit for our business".
19-May-2015
(Official Notice)
Shareholders are advised that at the AGM of the Company held on Tuesday, 19 May 2015, all the resolutions set out in the notice of AGM sent to shareholders together with the integrated report for the year ended 31 December 2014 were passed by the requisite majority of votes. A total of 754 412 128 shares voted at the meeting, representing 88.99% of the Company?s total issued ordinary share capital.

14-May-2015
(Official Notice)
29-Apr-2015
(Official Notice)
B-Africa shareholders are advised that Barclays PLC released its first quarter 2015 results today.



Barclays PLC disclosed results for its Africa Banking segment, which includes B-Africa, operations in Egypt and Zimbabwe and various cost, taxation and other overlays. It provided a constant currency view of Africa Banking?s performance for the three months ended 31 March 2015, which continues a number of trends B-Africa showed in 2014.



These include net interest income benefiting from solid Corporate and Investment Banking (CIB) loan growth and a slightly wider Group net interest margin, given higher South African interest rates and a greater proportion of lending from the Rest of Africa and core Retail and Business Banking deposits.



Retail Banking customer numbers in South Africa increased during the quarter to contribute to non-interest income growth. Following its 2014 repositioning, Wealth, Investment Management and Insurance had a positive first quarter due to favourable markets, strong growth in the rest of Africa and stabilizing short-term insurance underwriting margins. CIB?s trading revenue increased off a relatively low first quarter in 2014, with particularly strong growth from the rest of Africa.



Operating expenses remained well contained, reducing B-Africa?s cost to income ratio, as benefits were realised from business transformation programmes while continuing to invest in targeted areas. Credit impairment trends continued to improve largely due to significantly lower mortgage and Business Banking impairments in South Africa, with certain retail and corporate segments deteriorating modestly. Group non-performing loans decreased during the period.



The Group?s return on equity continued its positive trajectory towards the 18% to 20% target in 2016. Barclays Africa Group?s Core Equity Tier 1 ratio remains strong and above the Board?s target range.



Economic growth expectations for Sub Saharan Africa in 2015 have declined and we expect South African interest rates to remain low for longer. Against that backdrop, this year we expect a stable net interest margin, mid-single digit loan growth, and that our credit loss ratio will remain at similar levels to last year. Focus on revenue growth and continued cost containment should improve the Group?s cost to income ratio.
31-Mar-2015
(Official Notice)
Shareholders are advised that the Company?s Integrated Report will be lodged with the JSE Limited and distributed to shareholders today, Tuesday, 31 March 2015. The Integrated Report will also be available on Barclays Africa Group?s website from 31 March 2015. An abridged report has not been published as the information previously published in the Group?s audited results on Tuesday, 3 March 2015 is unchanged. Ernst - Young Inc. and PricewaterhouseCoopers Inc. audited the Group?s results and their unqualified audit reports are available for inspection at the registered office of the Company.



Notice of the annual general meeting

Notice is hereby given that Barclays Africa Group?s annual general meeting (AGM) will be held in Room 8.02, Barclays Towers West, 15 Troye Street, Johannesburg on Tuesday, 19 May 2015 at 11:00 to transact the business as stated in the notice of AGM.



In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the Company?s securities register in order to participate in and vote at the AGM) is Friday, 8 May 2015. Therefore the last day to trade in Barclays Africa Group shares in order to be in the register is Thursday, 30 April 2015.
03-Mar-2015
(C)
Net interest income jumped to R35.6 billion (R32.4 billion). Operating income before operating expenditure grew to R56.8 billion (R52.4 billion). Profit attributable to ordinary equity holders increased to R13.2 billion (R12.0 billion). In addition, headline earnings per share rose to 1 538.4cps (1 397.7cps).



Dividend

Shareholders are advised that an ordinary dividend of 525 cents per ordinary share was declared on 3 March 2015, for the period ended 31 December 2014.



Prospects

While volatility will persist, B-Africa expects the recovery in the global economy to continue in 2015 as uncertainty around US Federal Reserve tapering diminishes, fiscal headwinds abate and monetary policy gains traction. B-Africa expects global GDP to grow 3,5%.



South Africa growth will likely recover from the strike-ridden 2014, as the impact of modest fiscal tightening is offset by a boost to household disposable income benefits from lower petrol prices. Electricity shortages remain a binding supply-side constraint on growth and means that there is downside risk to our 2,1% GDP growth forecast. The South African Reserve Bank ("SARB") is likely to keep rates on hold for some time, given the current domestic inflation dynamics.



Significantly weaker commodity markets pose a threat to the growth outlook of our markets outside South Africa, although we expect growth to improve to 5,0% from 3,5%.



With South African interest rates likely to remain low for longer, B-Africa do not expect the Group?s net interest margin to improve further in 2015, although its loan growth should increase. Focus on revenue growth and continued cost management should improve B-Africa?s cost-to-income ratio, while its credit loss ratio has probably troughed. These factors should increase our RoE in 2015.
11-Feb-2015
(Official Notice)
Shareholders are advised that the financial results for the 12-month period ended 31 December 2014 will be released on SENS and published on the Group?s website (www.barclaysafrica.com) on Tuesday, 3 March 2015. A presentation of the results will be made in Johannesburg at 09:00 a.m. (South African time) on Tuesday, 3 March 2015. It will be broadcasted live on Business Day TV (DStv channel 412). Webcast and conference call facilities will be available for the presentation and details thereof will be published on the Group?s website prior to the presentation.



Shareholders are also informed that the salient dates for the payment of the B-Africa ordinary dividend, as set out in the interim financial results booklet for the six months ended 30 June 2014, remain unchanged as follows:

* Declaration date: 3 March 2015

* Last day to trade: 10 April 2015

* Ex-dividend date: 13 April 2015

* Record date: 17 April 2015

* Payment date: 20 April 2015



Full details of the dividends will be included in the financial results announcement on Tuesday, 3 March 2015.
04-Feb-2015
(Official Notice)
Notice is hereby given in terms of section 4.25 of the JSE Debt Listings Requirements that Fitch Ratings has assigned B-Africa?s (BAGL) (AAA(zaf) /Stable/F1+(zaf)) new Basel III-compliant subordinated notes (Tier 2 notes) a National Long-term Rating of 'AA+(zaf)' and simultaneously upgraded BAGL's existing Basel III-compliant Tier 2 notes to 'AA+(zaf)' from 'AA(zaf)'.
21-Nov-2014
(Official Notice)
The quarterly Pillar 3 disclosure is made in accordance with the requirements of the Banks Act, No. 94 of 1990 (the Banks Act). Barclays remains capitalised above the regulatory minimum requirements, with Common Equity Tier 1 and Tier 1 ratios above and Total Capital Adequacy ratio within our board approved target capital ranges. As at 30 September 2014, Barclays' Common Equity Tier 1 ratio was 11.6%, Tier 1 ratio was 12.4% and Total Capital Adequacy ratio was 14.0%. Bond ABCPI2 (nominal value of R3 billion), which partially qualified as Tier 2 capital under Basel III at a Barclays and Absa Bank level, was redeemed by Absa Bank at its first optional redemption date of 20 September 2014.
30-Oct-2014
(Official Notice)
B-Africa shareholders are advised that Barclays PLC released its third quarter 2014 results today, 30 October 2014.



Barclays PLC disclosed results for an Africa Banking segment, which includes B-Africa, operations in Egypt and Zimbabwe and various overlays. They provided a constant currency view of Africa Banking's performance in the nine months ended 30 September 2014 that maintains trends shown by B-Africa in the first half.



These include net interest income benefiting from strong year-on-year growth in Corporate and Investment Banking loans and a wider net interest margin, given higher South African interest rates. The Group's credit loss ratio continues to improve, largely due to significantly lower mortgage impairments while Card impairments increased year on year. Continued investment in key initiatives increased operating expenses growth, which is expected to slow in the fourth quarter. B-Africa's return on equity for the nine months improved slightly from the 16.1% in the first half.
29-Sep-2014
(Official Notice)
Shareholders are advised that Mr Francis Okomo-Okello and Mr Alex Darko have been appointed as independent non-executive directors to the Board of Barclays Africa Group with effect from 1 October 2014.



Francis is the current chairman of Barclays Bank of Kenya Limited. He holds an LLB Honours degree from the University of Dar-es-Salaam and is an Albert Parvin fellow of Woodrow Wilson School of Public and International Affairs, Princeton University, and a fellow of The Kenya Institute of Bankers. He serves as chairman of TPS Eastern Africa Limited (Serena Group of Hotels and Lodges), and as a non-executive director of the Nation Media Group. Currently, Francis is the Executive Director in charge of Legal and Corporate Affairs at Industrial Promotion Services Group of Companies, an affiliate of the Aga Khan Fund for Economic Development. He also serves as a member of the Advisory Board of the Strathmore Business School, Strathmore University, Nairobi and is a member of the Advisory Committee of the Aga Khan University, Faculty of Arts and Sciences - East Africa.



Alex is a seasoned executive with over 30 years international management experience. He holds an MSc in management information systems (MIS) and is a fellow of the Chartered Association of Certified Accountants. He held senior positions in finance, re-engineering, change management and IT in Europe, the USA and Africa, in areas such as business information, publishing, mining and the public sector. Alex was Vice President, Knowledge and Information (Chief Information Officer) at AngloGold Ashanti Limited (from 2005 to 2010), responsible for the group?s Information Systems and Telecommunications function. Alex also serves on the boards of Business Connexion Limited, Consolidated Infrastructure Group Limited and Mazor Group Limited.



Shareholders are further advised that Brand Pretorius will step down from the Board on 31 October 2014. Brand has been a director since 2009, serving as chairman of the Group Remuneration and Human Resources Committee (GRHRC) and as a member of the Directors? Affairs Committee and the Social and Ethics Committee. Mohamed Husain will succeed Brand as chairman of the GRHRC.

28-Aug-2014
(Media Comment)
Business Day reports that B-Africa listed NewPlat, the world's largest platinum exchange traded fund, on the Botswana Stock Exchange on 27 August 2014. NewPlat will start trading on Friday 29 August 2014.
31-Jul-2014
(Media Comment)
Business day reports that Barclays Africa will work on its no interest revenue to reduce reliance on interest from loans. According to deputy CEO and chief financial officer David Hodnett they are investing in its corporate and investment banking in the rest of Africa and that this will help generate more free income. Corporate and investment divisions can earn free income from advisory and cash management services. Mr Hodnett also said that a stable retail and business banking division will also help to bring in more free income.
31-Jul-2014
(Media Comment)
Business Day reports that Barclays Africa wants to expand its corporate investment banking business in Nigeria. According to CEO Maria Ramos banks in South Africa are very expensive to purchase and Barclays are looking to establish themselves on the African continent. Ms Ramos said the expansion will most likely be through investment banking.
30-Jul-2014
(C)
Interest and similar income increased by 9% to R31.9 billion (R29.4 billion). Net interest income was up by 10% to R17.2 billion (R15.7 billion). Operating income before operating expenditure rose 10% to R27.1 billion (R24.7 billion). Net attributable profit increased by 10% to R6.2 billion (R5.6 billion). In addition, headline earnings per share increased to 720.9cps (655.7cps)



Dividends

A gross interim ordinary dividend of 400cps has been declared.



Outlook

Following a weak start to 2014, global growth is expected to gain traction in the second half. Better global growth is likely to be accompanied by higher inflation in some advanced economies and this may place more focus on policy normalisation in the US. We expect 4% global GDP growth in the second half compared to 2,5% in the first. Domestically, the growth outlook has deteriorated markedly since the start of the year and we expect growth to decelerate to 1,5% in 2014 from 1,9% in 2013. We expect stronger growth in the Barclays Africa Group markets beyond South Africa, despite fiscal and external account challenges in some of the larger economies. However, we believe Rest of Africa growth could reach 6,3% again in 2014, supported by infrastructure investment and improving global growth prospects. Against this backdrop, we expect mid-single digit loan growth in South Africa this year, although less than we initially expected. Our net interest margin should widen, given rising interest rates in South Africa, while our credit loss ratio is also likely to improve slightly. Continued investment spend will make it difficult to reduce our cost to income ratio this year. We remain committed to achieving our 18% - 20% RoE target next year.
10-Jul-2014
(Official Notice)
Barclays Africa Group shareholders that Barclays PLC released restated financial information for the individual businesses within its new management structure today. This provided financial information for its Africa Banking segment over the past 9 quarters including the first quarter of 2014.



We remind shareholders that Barclays Africa Group reports its first half 2014 results on Wednesday, 30 July, and advise that headline earnings per share for the period is likely to be 8% to 11% above our restated 655,7 cents for the six months ended 30 June 2013. The Group?s auditors have not reviewed or reported on the financial information on which this trading statement is based.
30-Jun-2014
(Official Notice)
Shareholders are advised that the financial results for the six-month period ending 30 June 2014 will be released on SENS and published on the Group's website (www.barclaysafrica.com) on Wednesday, 30 July 2014.



A presentation of the results will be made in Johannesburg at 09:30 a.m. (South African time) on Wednesday, 30 July 2014. It will be broadcasted live on Business Day TV (DStv channel 412). Webcast and conference call facilities will be available for the presentation and details thereof will be published on the Group's website prior to the presentation.



Shareholders are also informed that the salient dates for the payment of the Barclays Africa Group ordinary dividends, as set out in the financial results booklet for the 12 months ended 31 December 2013, remain unchanged. Full details of the dividends will be included in the financial results announcement on Wednesday, 30 July 2014.
02-Jun-2014
(Official Notice)
B-Africa remains capitalised above the regulatory minimum requirements and above our board approved target ranges. As at 31 March 2014, B-Africa's Common Equity Tier 1 ratio was 11.6%, Tier 1 ratio was 12.4% and Total Capital Adequacy ratio was 14.6%.
06-May-2014
(Official Notice)
Shareholders are advised that at the AGM of the company held on Tuesday, 6 May 2014, all the resolutions set out in the notice of AGM sent to shareholders together with the integrated report for the year ended 31 December 2013 were passed by the requisite majority of votes. A total of 768 618 019 shares were voted at the meeting, representing 90.67% of the company's total issued ordinary share capital.
31-Mar-2014
(Official Notice)
Shareholders were advised that the Company's Integrated Report will be lodged with the JSE Ltd. and posted to shareholders today, Monday, 31 March 2014. The Integrated Report will also be available on Barclays Africa Group's website from 31 March 2014. An abridged report has not been published as the information previously published in the Group's audited results on Tuesday, 11 February 2014 is unchanged. Ernst - Young Inc. and PricewaterhouseCoopers Inc. audited the Group's results and their unqualified audit reports are available for inspection at the registered office of the Company.



Notice of the annual general meeting

Notice was given that Barclays Africa Group's annual general meeting (AGM) will be held in Room 8.02, Barclays Towers West, 15 Troye Street, Johannesburg on Tuesday, 6 May 2014 at 11:00 to transact the business as stated in the notice of AGM.



In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the Company's securities register in order to participate in and vote at the AGM) is Friday, 25 April 2014. Therefore the last day to trade in Barclays Africa Group shares in order to be in the register is Wednesday, 16 April 2014.
12-Feb-2014
(Media Comment)
Business Report highlighted that a substantial drop in impairments on loans and advances, following previous years' tightening of credit granting criteria, enabled Barclays Africa Group to report a 14 percent increase in headline earnings per share to R13.98 for the year to December last year. The full-year results are the first since the completion of the merger between Absa and the bulk of Barclays Africa Group. Commenting on the results at a presentation the group executive Maria Ramos said that the group had met their commitments to the market with improved credit quality and robust cost containment although revenue growth remained challenging.



The group's key objectives for the next three years include to be in the top three banks by revenue in South Africa and in its four largest markets outside South Africa, increase its return on equity to between 18 percent and 20 percent, reduce its cost to income ratio to the low 50s and increase the share of revenue from outside South Africa to between 20 percent and 25 percent.
11-Feb-2014
(C)
03-Feb-2014
(Official Notice)
Shareholders were advised that B-Africa's basic earnings per share (EPS) for the year ended 31 December 2013 is expected to be 19% to 20% higher than the pro forma (including Barclays Africa Ltd., as disclosed on SENS on 2 December 2013) of 1180.4 cents for the prior year.



The group's diluted headline EPS for the period is expected to exceed 2012's pro forma 1227.6 cents by 13% to 14%. The difference in growth rates arises largely because the group's headline earnings exclude the gain on disposing of its Custody and Trustee business in 2013 and net negative fair value adjustments in investment properties of R388 million in 2012. The group's 2013 results will be released on Tuesday, 11 February 2014.
27-Jan-2014
(Official Notice)
Shareholders were advised that the financial results for the twelve-month period ended 31 December 2013 will be released on SENS and published on the group's website (www.barclaysafrica.com) on Tuesday, 11 February 2014.



A presentation of the results will be made in Johannesburg at 09:30am (South African time) on Tuesday, 11 February 2014. It will be broadcast live on BusinessDay TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and details thereof will be published on the Barclays Africa Group website prior to the presentation.



Shareholders are also informed that the salient dates for the payment of the Barclays Africa Group ordinary dividends, as set out in the interim financial results booklet for the six months ended 30 June 2013, remain unchanged. Full details of the dividends will be included in the financial results announcement on 11 February 2014.
30-Dec-2013
(Official Notice)
Shareholders are informed that Mark Merson has been appointed to the board of Barclays Africa as a non-executive director, effective 1 January 2014. Mr Merson replaces Robert Le Blanc as a representative of Barclays PLC. Mr Le Blanc is retiring as non- executive director of Barclays Africa Group, effective 31 December 2013.
06-Dec-2013
(Official Notice)
Shareholders are informed that the Barclays Africa Group Financial Director, David Hodnett, has been appointed as Deputy Chief Executive Officer with immediate effect. In addition to his current role as Financial Director, he will assume strategic oversight for the Chief Operating Officer's portfolio and responsibility for significant group-wide change initiatives.
02-Dec-2013
(Official Notice)
Barclays Africa has provided investors with consolidated financial statements with advance information regarding financial reporting changes that will impact the results of the comparative reporting periods to be disclosed alongside the group's results for the reporting period ending 31 December 2013.

The financial reporting changes are driven by:

*The acquisition of 100% of the issued ordinary share capital of Barclays Africa Ltd. ("BAL"), previously a fellow subsidiary of BAGL, with a shared parent company Barclays Bank Plc. The Group accounted for this transaction in accordance with the Group?s and Barclays Group's accounting policy in respect of business combinations under common control, which resulted in the restatement of the financial performance of comparative reporting periods.

*Certain changes in internal accounting policies.

*Business portfolio changes between operating segments.



These changes are over and above the reporting changes set out in the Reporting Changes document released on 18 July 2013. All references to previously reported amounts relate to the restated amounts published in that document.



Note that this document does not provide an update on the current performance of the Group or performance of the BAL entities. Its purpose is to provide users of the group's financial statements with the new baseline information for the comparative reporting periods that will be incorporated with the financial results for the reporting period ending 31 December 2013, in advance of publishing the results in February 2014. It further includes the new baseline information for the interim reporting period ended 30 June 2013.



The impact of the BAL acquisition on the Group's restated comparative information differs from pro forma information provided by the Group in the JSE SENS announcement on 13 February 2013 titled 'Barclays transaction update'. The pro forma information contained in the SENS followed the JSE rules on disclosure of pro forma information, whereas the Group's comparative information has been restated in accordance with International Financial Reporting Standards ("IFRS").



Note: The financials for June 2013, December 2012 and December 2011 have all been restated.
27-Nov-2013
(Official Notice)
Barclays Africa Group remains capitalised above the regulatory minimum requirements and above our board target range after completing the combination of the Barclays' African operations with Absa Group Ltd. (as it was named then) ("Absa Group") on 31 July 2013.



Combining Barclays' African operations with Absa Group resulted in an increase in risk weighted assets (RWA) of c.R96 billion and qualifying capital of c.R12 billion, improving the Barclays Africa Group?s Common Equity Tier 1 ratio by 10 basis points. Declaring a R6 billion special dividend in July 2013 reduced the Common Equity Tier 1 ratio by 130 basis points. The residual movement in the Common Equity Tier 1 ratio between 30 June 2013 and 30 September 2013 was attributable to retained profits, offset by RWA growth.



As at 30 September 2013, Barclays Africa Group's Common Equity Tier 1 ratio was 11.3%, Tier 1 ratio was 12.3% and Total Capital Adequacy ratio was 14.9%.



Absa Bank remains capitalised above the regulatory minimum requirements, with Common Equity Tier 1 ratio being within, and Total Capital Adequacy ratio being above, our board target capital ranges, respectively. As at 30 September 2013 Absa Bank's Common Equity Tier 1 ratio was 10.3%, Tier 1 ratio was 11.3% and Total Capital Adequacy ratio was 14.8%. The decline in Absa Bank's Common Equity Tier 1 ratio reflects its interim and special dividend, plus RWA growth. Absa Bank is unaffected by the combining of Barclays' African operations with Absa Group.
30-Oct-2013
(Official Notice)
B-Africa shareholders are advised that Barclays PLC (Barclays) released its third quarter 2013 interim management statement today, 30 October 2013.



Although it makes no substantial reference to our financial performance, part of B-Africa is included in the Africa Retail and Business Banking (RBB) segment that Barclays disclosed in its statement.



Shareholders are advised not to draw inferences in respect of Barclays Africa Group's overall performance from this disclosure. B-Africa's contribution to B-Africa RBB excludes Card and Corporate, Investment Banking and Wealth. These constituted 45% of our first half 2013 headline earnings. Barclay?s disclosure for Africa RBB includes the impact of consolidation and overlay adjustments, currency depreciation and accounting policy differences. Together these factors make the numbers incomparable.
19-Sep-2013
(Official Notice)
Shareholders are informed that the Barclays Africa Group Chairman, Wendy Lucas-Bull, has been appointed as a Non-executive Director of Barclays PLC and Barclays Bank PLC, with effect from 19 September 2013. Trevor Munday has been appointed Lead Independent Director on the Board of Barclays Africa Group (the Board), effective from 19 September 2013.
05-Aug-2013
(Media Comment)
According to Business Day, B- Africa said it is better positioned to offer banking services to South African and other global multinational corporations that intend to do business in Africa. B- Africa will be rolling out more of its product suite such as banking applications, advanced automated teller machines, trading systems and sharia banking solutions into the rest of Africa. David Hodnett, chief financial officer, added that it was part of a plan to generate more revenue from the newly acquired eight African operations.
02-Aug-2013
(Permanent)
On 2 August 2013, Absa Group Ltd. was renamed to Barclays Africa Group Ltd.
31-Jul-2013
(Official Notice)
Shareholders are referred to the finalisation announcement released on 22 July 2013 and the Circular in relation to the strategic combination of the Barclays' African operations with Absa Group and the proposed change of name of "Absa Group Ltd." to "Barclays Africa Group Ltd.".



Shareholders are advised that the strategic combination of Barclays' African businesses with Absa Group has closed. Absa Group has acquired the entire issued share capital of Barclays Africa Ltd. and has issued 129 540 636 Consideration Shares to Barclays Africa Group Holdings Ltd. (a wholly owned subsidiary of Barclays). The Consideration Shares were listed on the JSE from the commencement of trading on 31 July 2013.



The name change from "Absa Group Ltd." to "Barclays Africa Group Ltd." will proceed as announced on 22 July 2013, and will become effective 2 August 2013.
30-Jul-2013
(C)
Interest and similar income declined by 1% to R25.4 billion (R25.7 billion). Net interest income was still up by 5% though, to R12.5 billion (R11.9 billion). Operating income before operating expenditure rose 7% to R20.3 billion (R19 billion). Net attributable profit increased by 13% to R4.7 billion (R4.2 billion). In addition, headline earnings per share grew by 8% to 649.7cps (601.1cps).



Dividends

A gross interim ordinary dividend of 350cps has been declared. In addition, a special dividend of 708cps has also been declared payable to ordinary shareholders.



Outlook

Fiscal austerity measures across most advanced economies are the main drag facing the global economy in 2013. Emerging markets are expected to perform better, supported by fiscal stimulus and monetary easing. Global Gross Domestic Product (GDP) growth is expected to remain subdued at 3.0% in 2013 from around 3.1% last year. Absa expects sub-Saharan Africa to grow 5.1% in 2013.



Moderating consumer demand, weak business confidence, infrastructure constraints and continuing labour market tensions (especially in the mining sector) all point to weak local growth. The current account deficit will keep weighing on the rand, generating inflationary pressures. Overall, we expect slower growth of around 2.3% in 2013 from last year's 2.5%. The SARB will likely leave the rand to find its own level and tolerate a temporary breach of consumer price index (CPI) above the 3%-6% target band. Absa's base case for the next upward move in rates is in late 2014.



Against this backdrop, Absa expects mid-single digit loan growth this year and a broadly stable net interest margin. Absa will continue to focus on operating costs, while investing for growth. Consequently, our cost-to-income ratio is expected to be similar to last year's. Absa's credit loss ratio is expected to improve materially from last year's 1.63%, but remains above our through the cycle 1.25%. The group's RoE is expected to improve from 2012?s 13,5%.
22-Jul-2013
(Official Notice)
18-Jul-2013
(Official Notice)
28-Jun-2013
(Official Notice)
Shareholders of Absa and Absa Bank are advised that the financial results for the six months ending 30 June 2013 will be released on SENS and published on Absa's website (www.absa.co.za) on Tuesday, 30 July 2013. A presentation of the results will be made in Johannesburg at 09:00 a.m. (South African time) on Tuesday, 30 July 2013. It will be broadcast live on Business Day TV (DStv channel 412). Webcast and conference call facilities will be available for the presentation and details thereof will be published on the Absa website prior to the presentation. Shareholders are also informed that the salient dates for the payment of the Absa ordinary and Absa Bank preference share dividends, as set out in the Absa Group financial results booklet for the reporting period ended 31 December 2012, are unchanged. Full details of the dividends will be included in the financial results announcements on 30 July 2013.
04-Jun-2013
(Official Notice)
Absa Group remains capitalised above the minimum regulatory requirements and board approved target capital ranges. As at 31 March 2013 Absa Group's Common Equity Tier 1 ratio was 12.2%, Tier 1 ratio was 13.3% and Total Capital Adequacy was 16.4%, after the successful implementation of Basel III.



Absa Bank

Absa Bank remains capitalised above the minimum regulatory requirements and board approved target capital ranges. As at 31 March 2013 Absa Bank's Common Equity Tier 1 ratio was 11.8%, Tier 1 ratio was 12.8% and Total Capital Adequacy was 16.5%, after the successful implementation of Basel III.
02-May-2013
(Official Notice)
Shareholders are advised that at the AGM of the Company held on Thursday, 2 May 2012, all the resolutions set out in the notice of AGM sent to shareholders together with the integrated report for the year ended 31 December 2012 were passed by the requisite majority of votes.
24-Apr-2013
(Official Notice)
Shareholders of Absa were advised that Barclays PLC ("Barclays") released its 2013 first quarter interim management statement. Although it makes no substantial reference to the financial performance of Absa, part of the group's performance is included in the Africa Retail and Business Banking (RBB) segment that Barclays disclosed in the statement.



Shareholders are advised not to draw inferences in respect of the Absa's performance from this disclosure. Absa's contribution to Barclays Africa RBB excludes Absa Card and Absa Corporate, Investment Banking and Wealth. These constituted 56% of Absa's FY12 headline earnings. The Barclays Africa RBB disclosure includes the results of Barclays' other African subsidiaries, the impact of rand depreciation, accounting policy differences as well as consolidation and overlay adjustments. In combination, these adjustments make the numbers incomparable.
05-Apr-2013
(Official Notice)
Further to the announcement dated 6 December 2012, the circular to shareholders posted on 14 December 2012 and the results of the general meeting announcement on 25 February 2013, shareholders were reminded that the transaction remains subject to various conditions precedent as set out in the circular, including, inter alia, various regulatory approvals.



While good progress continues to be made, the indicative corporate actions timetable in the circular is no longer applicable. However, it is still expected that the transaction will be completed within the dates allowed for under the sale and purchase agreement entered into between Absa Group, Barclays Africa Group Holdings Ltd. and Barclays Bank PLC. A further announcement, setting out a revised corporate actions timetable with regards to the transaction will be released in due course.
28-Mar-2013
(Official Notice)
Shareholders were advised that the company's Integrated Report (IR) will be lodged with the JSE Ltd. and posted to shareholders on Thursday, 28 March 2013. The IR will also be available on Absa group's website from 28 March 2013. An abridged report has not been published as the information previously published in Absa's audited results on Tuesday, 12 February 2013 is unchanged. Ernst - Young Inc. and PricewaterhouseCoopers Inc. audited Absa's results and their unqualified audit reports are available for inspection at the registered office of the company.



Notice of the annual general meeting

Notice is hereby given that Absa's annual general meeting (AGM) will be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Thursday, 2 May 2013 at 11:00 to transact the business as stated in the notice of AGM. In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the company's securities register in order to participate in and vote at the AGM) as Friday, 19 April 2013.
25-Feb-2013
(Official Notice)
Shareholders are referred to the announcement released on SENS dated 6 December 2012 and the circular to shareholders dated 14 December 2012, which provide details on the Proposed Transaction.



Results of the general meeting

Shareholders are advised that at the general meeting of Absa Group's shareholders ("Shareholders") held on Monday, 25 February 2013 ("General Meeting"), all of the ordinary and special resolutions proposed at the General Meeting were approved by the requisite majorities of Shareholders. These resolutions included an ordinary resolution to seek approval for the Proposed Transaction and special resolutions for the approval of the name change of "Absa Group Ltd." to "Barclays Africa Group Ltd." and for the authority to allot and issue Absa Group shares to Barclays Bank PLC (or its wholly-owned subsidiary, Barclays Africa Group Holdings Ltd., and the Horizon Trust) in respect of the Proposed Transaction.



Outstanding conditions precedent

Shareholders are reminded that implementing the Proposed Transaction remains subject to fulfilling certain conditions precedent, including various regulatory approvals, as set out in the Circular.
21-Feb-2013
(Official Notice)
Shareholders were informed that Antony Jenkins has resigned from the boards of Absa Group and Absa Bank as Barclays Bank PLC ("Barclays") representative, effective 28 February 2013.



Shareholders were also informed that Patrick Clackson and Ashok Vaswani are joining the Absa boards, as Barclays representatives, with effect from 1 March 2013.



Patrick replaces Ivan Ritossa, who stood down from the boards on 31 December 2012, and Ashok replaces Antony Jenkins.



In accordance with Absa Group's Memorandum of Incorporation, shareholders will be requested to confirm the appointment of Patrick and Ashok at the group's annual general meeting, to be held on Thursday, 2 May 2013.
13-Feb-2013
(Official Notice)
Shareholders are referred to the detailed terms announcement released on 6 December 2012 regarding the proposed transaction to combine the Barclays African operations, which are expected to include Barclays Bank Plc?s interests in Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania, Uganda, Zambia and the Barclays Africa Regional Office Pty Ltd, with Absa Group and the announcement regarding the posting of the circular released on 18 December 2012. The proposed transaction will be effected by way of an acquisition by Absa Group of 100% of the shares in Barclays Africa Ltd, for a consideration of 129,540,636 Absa Group ordinary shares, at the agreed R141.50 per share (the proposed transaction). As a result, Barclays stake in Absa Group will increase from 55.5% to 62.3%.



To reflect the enlarged portfolio and pan-African focus of the business, it is intended that Absa Group Ltd will be renamed Barclays Africa Group Limited and the composition of the board of directors of Absa Group will be reconstituted accordingly. The proposed transaction is expected to be completed in the first half of 2013, subject to fulfilment of the conditions precedent. The updated pro-forma financial effects as at 31 December 2012 are set out. Shareholders are reminded of the general meeting to be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Monday, 25 February 2013 at 10:00 to transact the business as stated in the Notice contained in the circular to shareholders posted on 18 December 2012.
12-Feb-2013
(Official Notice)
Shareholders are referred to the detailed terms announcement released on 6 December 2012 regarding the proposed transaction to combine the Barclays African operations, which are expected to include Barclays Bank Plc's interests in Botswana, Ghana, Kenya, Mauritius, Seychelles, Tanzania, Uganda, Zambia and the Barclays Africa Regional Office Pty Ltd, with Absa Group and the announcement regarding the posting of the circular released on 18 December 2012. The proposed transaction will be effected by way of an acquisition by Absa Group of 100% of the shares in Barclays Africa Limited, for a consideration of 129,540,636 Absa Group ordinary shares, at the agreed R141.50 per share (the Proposed Transaction). As a result, Barclays stake in Absa Group will increase from 55.5% to 62.3%.



To reflect the enlarged portfolio and pan-African focus of the business, it is intended that Absa Group Ltd will be renamed Barclays Africa Group Ltd and the composition of the board of directors of Absa Group will be reconstituted accordingly. The Proposed Transaction is expected to be completed in the first half of 2013, subject to fulfilment of the conditions precedent.



General meeting

Shareholders are reminded of the general meeting to be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Monday, 25 February 2013 at 10:00 to transact the business as stated in the Notice contained in the circular to shareholders posted on 18 December 2012.
12-Feb-2013
(C)
Net interest income decreased by 1% to R24.1 billion (R24.4 billion) and net insurance premium income went up by 8% to R5.6 billion (R5.2 billion). Operating profit before operating expenditure fell by 5% to R38.6 billion (R40.8 billion), while profit attributable to ordinary shareholders was down by 13% to R8.4 billion (R9.7 billion). Also, headline earnings per share decreased to 1227.3cps (1355.9cps).



Dividend

Shareholders are advised that a final ordinary dividend of 369 cents per ordinary share was declared today, 12 February 2013, for the year ended 31 December 2012.



Outlook

Fiscal austerity measures across most advanced economies are the main drag facing the global economy in 2013. Emerging markets are expected to perform better, supported by fiscal stimulus and monetary easing. Global growth is expected to remain subdued at 3.3% in 2013 from around 3.0% last year. We expect Sub-Saharan Africa to grow 5.7% this year.



South Africa's strong links with advanced economies are a headwind to growth in 2013, even as trade with the rest of Africa and other emerging markets grow robustly. Growth in household consumption (albeit muted) and a rebound in mining production following labour unrest late last year, should boost growth. We expect 2.8% growth in 2013 from last year's estimated 2.5%. Given the moderate growth in household consumption expenditure, we expect limited demand pressures on inflation in 2013. Our base case for the next upward move in rates is in early 2014.



Against this backdrop, we expect mid-single digit loan growth this year. Improved momentum in our revenue growth and continued focus on efficiency should reduce our cost to income ratio again. Our credit loss ratio is expected to improve materially from last year's elevated levels. Together with capital management initiatives, these drivers should increase our RoE. We are excited by our proposed Barclays Africa transaction and the opportunity it offers to increase our exposure to higher growth economies in the rest of Africa.
18-Jan-2013
(Official Notice)
Shareholders of Absa and Absa Bank were advised that the financial results for the twelve-month period ended 31 December 2012 will be released on SENS and published on Absa's website (www.absa.co.za) on Tuesday, 12 February 2013.



A presentation of the results will be made in Johannesburg at 09:30 a.m. (South African time) on Tuesday, 12 February 2013. It will be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and details thereof will be published on the Absa website prior to the presentation.



Shareholders were also informed that the salient dates for the payment of the Absa ordinary and Absa Bank preference share dividends, as set out in the Absa interim financial results booklet for the six months ended 30 June 2012, remain unchanged. Full details of the dividends will be included in the financial results announcements on 12 February 2013.
19-Dec-2012
(Official Notice)
Absa Shareholders are hereby informed that Ivan Ritossa has resigned from the Boards of Absa Group and Absa Bank as a Barclays Bank PLC (Barclays) representative, effective 31 December 2012. The replacement for Ivan on the Absa Boards will be announced in due course.
18-Dec-2012
(Official Notice)
Further to the announcement released on SENS on 6 December 2012 relating to the proposed strategic combination of Barclays African operations with Absa and the proposed name change of "Absa Group Ltd." to "Barclays Africa Group Ltd." (the "proposed transaction"), Absa advised that the circular containing details of the proposed transaction and the notice of general meeting (the "Notice") was posted to all shareholders today (the "Circular").



Notice of the general meeting

Notice is hereby given for the general meeting as set out in the circular to be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Monday, 25 February 2013 at 10:00 to transact the business as stated in the Notice (the "General Meeting").



Salient dates and times

*Circular posted to shareholders -- Tuesday, 18 December 2012

*Last day to trade in order to be eligible to attend and vote at the General Meeting -- Friday, 8 February 2013

*Absa results announcement for the year ended 31 December 2012 -- Tuesday, 12 February 2013

*Record date for attending and voting at the General Meeting -- Friday, 15 February 2013

*Last day to lodge forms of proxy in respect of the General Meeting by 10:00 -- Thursday, 21 February 2013

*General Meeting of shareholders to be held at 10:00 -- Monday, 25 February 2013
06-Dec-2012
(Official Notice)
Absa shareholders were advised that caution is no longer required in dealing in their Absa ordinary shares.
06-Dec-2012
(Official Notice)
22-Nov-2012
(Official Notice)
Absa is well capitalised above minimum regulatory requirements and internal board target capital ranges with Tier 1 Ratio of 13.03% and Total Capital Adequacy Ratio of 15.38% as at 30 September 2012. Absa's Total Capital Adequacy Ratio remained strong following the call on the first optional redemption date of the R1.5bn AB05 bond, in September 2012. Furthermore, Absa is expected to remain adequately capitalised after the full implementation of Basel III.
22-Nov-2012
(Official Notice)
Shareholders of Absa were referred to the cautionary announcements dated 21 August, 21 September and 22 October 2012 regarding the potential combination of the majority of the Barclays Africa operations with Absa. Shareholders are advised that discussions are still in progress, which if successfully concluded, may have a material effect on the price of Absa's shares. Accordingly, shareholders are advised to continue exercising caution when dealing in Absa's shares until a further announcement is made.
06-Nov-2012
(Official Notice)
Absa announced the appointment of Ms Wendy Lucas-Bull, 59, as the new independent non-executive chairman of Absa and Absa Bank Ltd., succeeding Garth Griffin. Subject to regulatory approval, Ms Lucas-Bull will take up the position on 1 April 2013. Mr Griffin earlier in 2012 announced his intention to retire once a successor was appointed. He will step down from his Absa board, board committee and other Absa positions on 31 March 2013.
02-Nov-2012
(Official Notice)
Shareholders are referred to the announcement of 6 June 2012 that Absa Bank, a wholly- owned subsidiary of Absa Group, had entered into an agreement with Edcon to acquire the accounts and receivables relating to the private label store cards of Edcon in South Africa (the Card Portfolio) (the Acquisition).



Absa further announced that Absa Bank and Edcon had agreed to enter into a long-term, strategic relationship under which Absa Bank will provide retail credit to Edcon customers and Edcon will be responsible for all customer facing activities (the Program). Absa is pleased to announce that all the conditions precedent relating to the Acquisition and the Program have now been fulfilled and Absa Bank has, with effect from 1 November 2012, acquired accounts and receivables from Edcon at their net book value of approximately R8.8 billion. Absa fully expects to acquire the remaining portion of the Card Portfolio from Edcon in due course.
31-Oct-2012
(Official Notice)
Shareholders of Absa are advised that Barclays PLC ("Barclays") released its third quarter 2012 interim management statement today. Although it makes no specific reference to Absa's overall financial performance, part of Absa is included in the Africa Retail and Business Banking (RBB) segment that Barclays disclosed in the statement.
22-Oct-2012
(Official Notice)
Shareholders of Absa were referred to the cautionary announcements dated 21 August 2012 and 21 September 2012 regarding the potential combination of the majority of the Barclays Africa operations with Absa. Shareholders are advised that discussions are still in progress, which if successfully concluded, may have a material effect on the price of Absa's shares. Accordingly shareholders are advised to continue exercising caution when dealing in Absa's shares until a further announcement is made.
21-Sep-2012
(Official Notice)
Shareholders of Absa were referred to the cautionary announcement dated 21 August 2012 regarding the potential combination of the majority of the Barclays Africa operations with Absa.



Shareholders were advised that discussions are still in progress, which if successfully concluded, may have a material effect on the price of Absa's shares. Accordingly shareholders were advised to continue exercising caution when dealing in Absa's shares until a further announcement is made.
20-Sep-2012
(Media Comment)
Barclays and Absa are using the One Africa to leverage their combined product and skills capabilities, according to Business Day. The two banks hope to grow in 13 countries in which they operate and where at present their combined operations have more than 14.5 million customers. Absa and Barclays Africa CEO, Ms Ramos, says the Absa brand will remain in South Africa, quashing speculation that, at some point in the future, Barclays will rebrand Absa. The Barclays brand will however be used in Africa. Analysts believe that Absa's deal with Barclays to acquire some of its African assets will be beneficial, as it will allow Absa to leapfrog its South African rivals already operating in Africa.
21-Aug-2012
(Official Notice)
Shareholders were advised that in line with their strategy to operate as One Bank in Africa, Barclays and its subsidiary Absa Group Limited ("Absa") are engaged in discussions about combining the majority of the Barclays Africa operations with Absa ("the proposed combination"). This is expected to involve the combination of Barclays interests in Botswana, Ghana, Kenya, Tanzania, Uganda, Zambia and the Indian Ocean with Absa, with Barclays Bank PLC remaining as the majority shareholder of the combined African operations.



The listings of Barclays subsidiaries in Kenya, on the Nairobi Securities Exchange, and in Botswana, on the Botswana Stock Exchange, would be maintained. Only Barclays holdings in these listed subsidiaries would be included in the proposed combination. The proposed combination would be subject to, among other things, the approval of the boards of Barclays and Absa (the latter on the recommendation of the independent members of the Absa board), as well as Absa shareholder approval and regulatory approvals in the relevant jurisdictions.



There can be no certainty that these discussions will lead to a combination. The proposed combination would not be expected to be completed until 2013. Whether or not successfully concluded, the proposed combination may have a material effect on the price of Absa's shares. Accordingly, shareholders are advised to exercise caution when dealing in Absa's shares until a further announcement is made.
06-Aug-2012
(Media Comment)
According to Business Day, Absa chief executive Willie Lategan said Absa Financial Services looks to penetrate the Kenyan market. He added that Kenya would provide access into the East African countries of Tanzania and Uganda and West Africa would be the next market. Absa will also use the bancassurance model by using infrastructure owned by Barclays and leveraging on Barclays' branch, customer base and brand, said Mr. Lategan. Absa and Barclays are primarily focusing on products such as life insurance which have relatively stable annuity premium income and have a more predictable claim history.
03-Aug-2012
(Media Comment)
Business Day reported that Absa and its UK parent, Barclays, have launched a greenfield life insurance business in Zambia as part of an African growth strategy. Braclays Life will provide such products as credit-life protection on loans, value-added features such as a hospital cash plan and funeral cover on deposit accounts, and a stand-alone family protection plan. The launch is due to a renewed push by Absa to partner with Barclays in undertaking a more aggressive growth strategy in Africa. Absa CEO Maria Ramos commented that the launch of Barclays Life Zambia showed how Absa and Barclays had integrated knowledge, experience and technical capabilities to benefit clients in Zambia.
27-Jul-2012
(Official Notice)
With reference to the interim results announcement and dividend declaration released earlier today and in accordance with the JSE Listings Requirements, shareholders are hereby informed that the exact local dividend withholding tax amount per share is 47.25 cents and the exact net local dividend amount is 267.75 cents. No STC credits are utilised. The original announcement contained, inter alia, the following information:



Declaration of interim ordinary dividend number 52

*The dividend has been declared out of income reserves.

*The local dividends tax rate is 15% (fifteen per centum).

*The gross local dividend amount is 315 cents per ordinary share for shareholders exempt from the dividends tax.

*The net local dividend amount is 268 cents per ordinary share for shareholders liable to pay the dividends tax;

*The local dividend withholding tax amount is 47 cents per ordinary share for shareholders liable to pay the dividend withholding tax.

*Absa currently has 718 210 043 ordinary shares in issue (includes 988 870 treasury shares).

*Absa's income tax reference number is 9150116714.
27-Jul-2012
(C)
16-Jul-2012
(Media Comment)
The Sunday Times Business Times wrote that analysts expect Absa to outperform its rivals during the second-half of 2012. Absa is ranked the cheapest South African bank by any metric and the news regarding its mortgage book has compressed its valuation to the point that historical returns are now completely ignored, believes First Avenue Investment Management's Matthew Warren. Warren commented that Absa should outperform its rivals "nicely."
11-Jul-2012
(Official Notice)
Shareholders of Absa and Absa Bank Ltd. ("Absa Bank") were advised that the financial results for the six-month period ended 30 June 2012 will be released on SENS and published on Absa's website (www.absa.co.za) on Friday, 27 July 2012.



A presentation of the results will be made in Johannesburg at 08:30am (South African time) on Friday, 27 July 2012. It will be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and details thereof will be published on the Absa website prior to the presentation.



Shareholders are also informed that the salient dates for the payment of the Absa ordinary and Absa Bank preference share dividends, as set out in the Absa financial results booklet for the year ended 31 December 2011, remain unchanged. Full details of the dividends will be included in the financial results announcements on 27 July 2012.
27-Jun-2012
(Official Notice)
Notice was given that Moody's has on 22 June 2012 downgraded, to A3 from A2, the long-term local-currency deposit and foreign-currency senior unsecured debt ratings of Absa Bank. The downgrade was triggered by the recent downgrade of the standalone credit assessment of Barclays Bank Plc ("Barclays") (which owns 55.5% of Absa Group Ltd., the holding company of Absa Bank). Moody's has removed the one notch of rating uplift from parental support previously incorporated in Absa Bank's deposit and senior debt ratings. Barclays long-term deposit and debt rating was recently downgraded to A2 (negative outlook), from Aa3, and its standalone bank financial strength ("BFSR") measure was lowered to C-/baa2(stable outlook on the C-), from C/a3.



The outlooks are stable on Absa Bank's local-currency deposit and foreign- currency senior debt rating, which continue to benefit from the banking and operational expertise available from the parent bank. Furthermore, Moody's is comfortable that Absa Bank continues to remain a self-sufficient and operationally independent entity without any funding dependence from Barclays. Ratings affected by downgrade action The local-currency deposit ratings have been downgraded to A3/P-2(stable outlook) from A2/P-1 and the long-term national-scale deposit rating has been confirmed at Aa2.za.



With regards to Absa Bank's EMTN programme, the provisional foreign-currency senior unsecured debt rating has been downgraded to (P)A3 from (P)A2. Any issued foreign-currency senior unsecured debt has been downgraded to A3 from A2. The provisional foreign-currency subordinated and junior subordinated debt ratings under its EMTN programme have also been downgraded to (P)Baa2 and (P)Baa3, from (P)Baa1 and (P)Baa2 respectively. All ratings have a stable outlook. The C- BFSR (stable outlook), mapping to standalone credit assessment of baa1, the A3 long-term foreign-currency deposit rating(negative outlook), the P-2 short-term foreign-currency deposit rating and the P-1.za national-scale short-term deposit rating, all remain unaffected.
26-Jun-2012
(Official Notice)
Shareholders were advised that Absa's headline earnings for the six months ending 30 June 2012 are likely to be 0% to 10% below the R4 595 million achieved for the six months ended 30 June 2011. Credit impairments have increased due to higher cover required on our mortgage legal book, as property prices and distressed customers remain under pressure. However, early arrears on most portfolios continue to improve. Absa's revenue growth was also subdued in the first five months. While their new lending volume is improving, this is only expected to become evident during the second half of 2012. In this environment, sustainable productivity improvements remain a priority and costs continued to be managed effectively. Absa's first half results will be released on 27 July 2012.
06-Jun-2012
(Official Notice)
Absa announced that Absa Bank, a wholly-owned subsidiary of Absa Group, has entered into an agreement with Edcon to acquire the accounts and receivables relating to the private label store cards of Edcon in South Africa (the "card portfolio") (the "aquisition").



Absa Bank and Edcon have further agreed to enter into a long-term, strategic relationship under which Absa Bank will provide retail credit to Edcon customers and Edcon will be responsible for all customer facing activities (the "Program"). Absa Bank will acquire the Card Portfolio for a cash consideration equal to the net book value of the Card Portfolio receivables at the effective date of the Acquisition. Absa Bank and Edcon expect the purchase price of the Card Portfolio to be approximately R10 billion. The transaction is expected to close during the second half of 2012.



Conditions precedent to the Acquisition and the Program

The Acquisition and the Program are subject to a number of conditions precedent customary for a transaction of this nature, which include, but are not limited to, the following:

* the obtaining of regulatory approval for the Acquisition and/or the Program, as required; and

* the release of security interests over the Card Portfolio assets under Edcon's various existing notes and funding structures.



Further announcement

Absa shareholders will be advised by way of a SENS announcement when all the conditions precedent have been fulfilled and the transaction becomes effective.
21-May-2012
(Official Notice)
The respective boards of directors of Absa and Absa-p informed shareholders that Ms Nadine Drutman has been appointed as group company secretary of Absa and Absa Bank with effect from 21 May 2012.
04-May-2012
(Media Comment)
Business Day reported that Absa has received regulatory approval to start an insurance business in Zambia. Absa will now have insurance operations in four sub-Saharan African countries. Absa CEO Mario Ramos commented that the bank's African growth strategy was on track and that the investment in Zambia tied in with Absa's growth into the region.
03-May-2012
(Official Notice)
Shareholders were advised that at the AGM of the company held on Thursday, 3 May 2012, all the resolutions set out in the notice of AGM sent to shareholders together with the integrated annual report for the year ended 31 December 2011 were passed by the requisite majority of votes. The special resolutions will be lodged with the Companies and Intellectual Property Commission (CIPC) in due course and, where appropriate, the Registrar of Banks. B P Connellan retired at the AGM.
26-Apr-2012
(Official Notice)
Shareholders of Absa are advised that Barclays PLC ("Barclays") released its 2012 quarter one interim management statement on 26 April 2012. Although it makes no specific reference to our financial performance, part of Absa is included in the Africa Retail and Business Banking segment Barclays disclosed in the statement.
10-Apr-2012
(Official Notice)
Absa announced the appointment of Absa Capital, a division of Absa Bank, as joint sponsor to Absa Group and Absa Bank, with effect from Tuesday, 10 April 2012. JP Morgan Equities Ltd. will retain the role as the lead independent sponsor.
04-Apr-2012
(Media Comment)
Business Day reported that Absa has taken the battle for market share in the unsecured lending space to another competitive level following a decision to refund a percentage of the loan value to customers who maintain an unblemished credit record. Absa's latest offer, announced yesterday by its head of retail markets, Arrie Rautenbach, shows the Barclays-owned group is determined to leapfrog competitors in the unsecured market, where Standard Bank has the largest market share. Absa said it had 13.62% market share in the individual loans and advances market sector as of January this year. This is the first time such a package has been offered by SA's big banks and comes less than two weeks after Standard Bank said its customers would save up to R500 million through a raft of cuts to its bank and transaction fees.
30-Mar-2012
(Official Notice)
Shareholders were advised that the company's integrated annual report (IAR) will be lodged with the JSE Ltd. and posted on Friday, 30 March 2012. The IAR will be available on Absa's website.



Notice of the annual general meeting

Notice was also given that Absa's annual general meeting (AGM) will be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Thursday, 3 May 2012 at 11:00 to transact the business as stated in the notice of AGM. In terms of section 59(1) (b) of the Companies Act, 71 of 2008, the record date for the purpose of determining which shareholders are entitled to participate in and vote at the AGM (being the date on which a shareholder must be registered in the company's securities register in order to participate in and vote at the AGM) as Monday, 16 April 2012.
10-Feb-2012
(C)
Net interest income improved by 5% to R24.4 billion (R23.3 billion) and net insurance premium income went up by 13% to R5.2 billion (R4.6 billion). Operating profit before operating expenditure grew by 11% to R40.8 billion (R36.8 billion), while profit attributable to ordinary shareholders rose by 19% to R9.7 billion (R8.1 billion). Also, headline earnings per share increased to 1355.9cps (1122.6cps).



Dividend

Shareholders are advised that a final ordinary dividend of 392cps was declared today, Friday, 10 February 2012, for the six-month period ended 31 December 2011.



Outlook

Global economic conditions remain challenging. Key structural weaknesses in the Eurozone still need to be addressed, the US economy faces the uncertainty of an election year and emerging markets look to navigate the downside risks created in developed countries. However, Sub-Saharan Africa's GDP is expected to grow 5.5% this year. For South Africa, the external environment is unlikely to support stronger growth and the group expects the economy to grow just 2.8%. Slightly higher inflation will place some pressure on real household income and the labour market is expected to remain weak, which suggests consumers will remain vulnerable and corporates cautious in their business decisions. The group expects the Reserve Bank to increase interest rates in the fourth quarter, albeit at a slow pace. Against this fragile macro backdrop, sector asset and revenue growth is likely to remain muted. However, Absa should continue to benefit from its hedging strategy. Containing costs remains a priority and management is committed to keeping cost growth below revenue growth again this year. Together with an expected credit loss ratio of below 1%, the Group's returns should improve further. Absa will continue to work closely with Barclays to capture the opportunities the combined franchises offer in the rest of Africa. Absa remains well positioned for expected regulatory changes with a strong capital position and will continue to improve its liquidity.
01-Feb-2012
(Official Notice)
Absa advised that Louis von Zeuner, deputy group chief executive, will move to a non-executive role effective 1 January 2013. As a non-executive director, he will serve on the boards of Absa, Absa Bank and certain subsidiaries. Mr von Zeuner will still devote 60% of his time to Absa and the Barclays Group upon assuming this role. This change is being announced well in advance of the move as part of the managed succession process that Absa follows and to ensure that all stakeholders are informed in a timely manner.



Mr von Zeuner will remain Deputy Group Chief Executive for the remainder of 2012. During this time he will also chair the newly established Africa Customer and Africa Community Investment Committees. Mr von Zeuner will continue to chair these committees after he becomes a non-executive director and will also assist in mentoring young talent.
01-Feb-2012
(Official Notice)
Shareholders were advised that Absa's headline earnings per share and diluted headline earnings per share for the year ended 31 December 2011 are expected to increase between 18% and 22% from 1122.6c and 1115.7c respectively. Absa's results for the year ended 31 December 2011 will be released on SENS on Friday, 10 February 2012.
29-Nov-2011
(Official Notice)
Absa Group and Absa Bank are pleased to announce that Peter Matlare has been appointed as an independent non-executive director, effective from 5 December 2011. Mrs Sarita Martin has resigned as company secretary of Absa Group and Absa Bank with effect from 9 January 2012. She has accepted a position outside Absa.
31-Oct-2011
(Official Notice)
Shareholders of Absa were advised that Barclays PLC ("Barclays") released its 2011 quarter three interim management statement on 31 October 2011. Although it makes no specific reference to Absa's financial performance, part of Absa is included in the Africa Retail and Business Banking segment Barclays disclosed in the statement. Therefore, attention is drawn to the following excerpt from the abovementioned statement:



"Profit before tax increased 13%, or 25% excluding a one off pension credit of GBP54 million in 2010. Income showed growth of 5% driven by improved performance in South Africa. Impairment charges improved by 11% reflecting more stable economic conditions with improved retail collections and commercial recoveries. Operating expenses increased 7% primarily reflecting inflationary pressures in South Africa and non recurrence of a pension credit in 2010."



Shareholders should note that Absa's contribution to Barclays Africa Retail and Business Banking excludes Absa Card and Absa Capital, was prepared in terms of Barclays accounting policies and includes Barclays consolidation adjustments, so it does not reflect Absa's performance for the period.
07-Oct-2011
(Media Comment)
Business Report noted that Absa will merge its business and retail banking units and has created a small team of Barclays and Absa executives to lead its expansion into Africa. The merger of Absa's retail and business units follows a similar step taken by controlling shareholder Barclays in 2011, when the UK bank realigned its own structure. Patrice Rassou, the head of equities at Sanlam Investment Management, commented that a unified platform of retail and corporate business banking could help Absa cross-sell more products.
20-Sep-2011
(Official Notice)
Absa and Absa Bank Ltd announced that Ivan Ritossa has been appointed as non-executive director of Absa, representing Barclays Bank PLC, and effective from 21 September 2011. Ivan is replacing Benoit de Vitry as Barclays representative on the Absa boards, as well as a member of the group remuneration and human resources committee and the board finance committee. Benoit has served on the Absa boards since 11 February 2009, and is resigning from the boards on 21 September 2011.
02-Aug-2011
(C)
Net interest income was up 3% to R11.6 billion (R11.3 billion). Operating profit before operating expenditure rose by 12% to R19.4 billion (R17.3 billion). Net attributable profit increased by 19% to R4.6 billion (R3.8 billion). In addition, headline earnings per share grew by 19% to 641.3cps (539.3cps).



Dividend

An ordinary interim dividend of 292cps has been declared.



Outlook

In Absa's view, consumer vulnerability and the nature of the economic recovery are important factors in considering the pace and magnitude of the interest rate cycle. Given the indications of a still uneven economic recovery and a vulnerable consumer, the South African Reserve Bank is only expected to raise interest rates in the first quarter of 2012, to allow the recovery time to be sustainable. As a baseline, the South African economy is likely to grow 3.5% to 4% this year. However, recent strike action and global uncertainties may reduce this forecast.



Despite some indications of an improving economy, the operating environment is expected to remain challenging. Sector revenue growth is expected to remain subdued, particularly given moderate credit growth. The group's One Absa strategy is, however, already improving non-interest revenue growth in target areas. Absa should also continue to benefit from its hedging strategy into 2012. Credit losses should continue to improve year on year, although at a far slower pace than in 2010. The focus remains on containing costs, maintaining strong capital levels and working with Barclays to capture the growth opportunities that the combined franchises offer in the rest of Africa.
15-Jul-2011
(Official Notice)
Shareholders of Absa Group and Absa Bank are advised that the financial results for the six months ended 30 June 2011 will be released on SENS and placed on Absa's website (www.absa.co.za) on Tuesday, 2 August 2011. This release will coincide with the release of the financial results of Barclays PLC, the group's parent company.



A presentation of the group's results will be made in Johannesburg at 11:00 a.m. (South African time). The presentation will also be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and the details thereof will be published on the Absa website prior to the presentation.



Shareholders are also informed that the indicative dates pertaining to the declaration of Absa Group ordinary and Absa Bank preference share dividends, as set out in the Absa Group and Absa Bank annual reports for the year ended 31 December 2010, will remain unchanged. Full details of the dividends will be included in the interim financial results announcements.
20-Jun-2011
(Official Notice)
In line with the requirements of the Absa Board Charter and the King Code of Governance for South Africa 2009 (King III), the boards of directors of Absa and Absa Bank Ltd (the board), after due consideration of the matter, has re-appointed Mr Garth Griffin as chairman of the board. The board is satisfied that no factors have come to the attention of the board that impairs the independence of the chairman.
08-Jun-2011
(Media Comment)
Business Day highlighted that the smartphone has become the latest weapon that Absa will use to launch an onslaught on the unbanked market in SA. The bank announced its branchless banking concept, a pioneering new delivery channel that allows it to open a bank account using a Samsung tablet in less than 10 minutes. Instead of waiting for the customer to travel to a branch, Absa will use merchants such as spaza shop owners, employer organisations and retailers. These agents are equipped with Absa smartphones to allow them to sign up new customers. An adviser to the bank on inclusive banking, Gerhard Coetzee, said Absa was taking a different approach to targeting customers. The latest customer acquisition strategy by Absa shows the importance the big four banks are attached to tapping the mass market. This is in response to the government's calls for wider financial inclusion.

28-Apr-2011
(Official Notice)
Shareholders of Absa Group are advised that Barclays PLC ("Barclays") released its 2011 Quarter One interim management statement on 27 April 2011. The following excerpt from the abovementioned statement makes specific reference to Absa's financial performance: "Absa profit before tax decreased 19% to GBP135m (2010: GBP167m). Favourable foreign exchange movements and the improved performance of the underlying business were offset by a GBP54m one-off credit in 2010 in relation to the Group's recognition of a pension fund surplus. Excluding the one-off credit in 2010 profit before tax increased 19% driven by the impact of currency movements, income growth and significant improvements in impairment charges as a result of a continued improving economy. Operating expenses increased reflecting currency movements and inflationary pressures." Investors should note that this update includes the effects of currency translation from South African Rand into Pound Sterling and excludes the results of Absa Card and Absa Capital. It is prepared in terms of London Stock Exchange rules and Barclays accounting policies and includes Barclays consolidation adjustments.
21-Apr-2011
(Official Notice)
Shareholders of the group are advised that at the AGM held on Thursday, 21 April 2011, all the resolutions set out in the notice of AGM sent to shareholders as part of the annual report for the year ended 31 December 2010 were passed by the requisite majority of votes. The special resolutions will be lodged with the Companies and Intellectual Property Registration Office (CIPRO) in due course and, where appropriate, the Registrar of Banks.
18-Apr-2011
(Media Comment)
Business Report mentioned that, Absa has launched a new strategy to significantly increase the percentage of home loans it obtains through its internal operations, posing a new threat to the mortgage origination industry. All the major banks in 2009 renegotiated the agreements they had with mortgage originators. The viability and sustainability of the mortgage origination industry has also been knocked by the lower volumes of home sales. Saul Geffen, the chief executive of ooba, one of the country's largest mortgage originators, declined to comment on Absa's new strategy and its potential impact on the mortgage origination industry.
30-Mar-2011
(Official Notice)
Shareholders are advised that the company's annual report will be lodged with the JSE Limited and posted to shareholders today, Wednesday, 30 March 2011. The annual report is also available on Absa Group's website. An abridged report has not been published as the information previously published in Absa Group's audited results on Tuesday, 15 February 2011 is unchanged. Ernst - Young Inc. and PricewaterhouseCoopers Inc. audited Absa's results and their unqualified audit reports are available for inspection at the registered office of the company.



Notice is hereby given that Absa's annual general meeting will be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Thursday, 21 April 2011 at 11:00 to transact business as stated in the notice of annual general meeting.
15-Feb-2011
(C)
Net interest income was up 7% to R23.3 billion (R21.9 billion). Net attributable profit surged by 19% to R8.1 billion (R6.8 billion). In addition, headline earnings per share (HEPS) increased by 2% to 1 122.6cps (1 099.4cps).



Dividend

A final ordinary dividend of 230cps has been declared.



Outlook

Global growth is expected to slow to 4% in 2011, as emerging markets and the US sustain momentum. Although slightly slower, global economic growth is likely to maintain upward pressure on commodity prices, which would be generally positive for South Africa. Absa expects GDP growth to continue improving as the economy responds to lower interest rates.



Executing its One Absa strategy positions the group to capture future growth as the economy improves. Nonetheless, revenue growth is likely to remain subdued in 2011, particularly as moderate advances growth is anticipated. However, stronger non-interest revenue growth is expected this year, particularly in key target areas. Credit impairments should improve, albeit at a slower pace than for 2010. Management is committed to containing cost growth, maintaining strong capital levels and improving liquidity further.
31-Jan-2011
(Official Notice)
Shareholders of Absa Group and Absa Bank are advised that the financial results for the year ended 31 December 2010 will be released on SENS and placed on Absa's website (www.absa.co.za) on Tuesday, 15 February 2011. This release will coincide with the release of the financial results of Barclays PLC, the Group's parent company.



A presentation of the Group's results will be made in Johannesburg at 11:30 a.m. (South African time). The presentation will also be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and the details thereof will be published on the Absa website prior to the presentation.



Shareholders are also informed that the indicative dates pertaining to the declaration of Absa Group ordinary and Absa Bank preference share dividends, as set out in the Absa Group interim results booklet for the six months ended 30 June 2010, remain unchanged as follows:

*Declaration date: 15 February 2011

*Last day to trade: 4 March 2011

*Ex dividend date: 7 March 2011

*Record date: 11 March 2011

*Payment date: 14 March 2011

*Full details of the dividends will be included in the financial results announcements on 15 February 2011.

09 Nov 2010 10:02:52
(Official Notice)
Shareholders of Absa are advised that Barclays PLC (Barclays) released its 2010 quarter three interim management statement on 9 November 2010. The following excerpt from the abovementioned statement makes specific reference to Absa's financial performance:



"Absa profit before tax increased 20% to GBP448 million (2009: GBP372 million), reflecting a credit relating to the group's recognition of a pension surplus and the appreciation of the rand against sterling. In rand terms, income was broadly flat, impairment charges improved while operating expenses increased."



Investors should note that this update excludes Absa Card and Absa Capital. It is prepared in terms of London Stock Exchange rules and Barclays accounting policies and includes Barclays consolidation adjustments. Absa's performance trends for the nine months ended 30 September 2010 were similar to those reported for the interim period.
14 Oct 2010 09:34:29
(Media Comment)
Business Day highlighted that ABSA has ruled out retrenchments as a strategy to cut costs, but said it was aggressively growing revenue to counter expected sluggish growth in some of its business units due to the depressed economic climate. A team of executives led by CEO Louis von Zeuner indicated that the bank was focusing on other strategies to cut costs and improve operational efficiency. One measure to reduce high impairments was to assist distressed customers battling to repay loans. Mr von Zeuner added that the cost- containment programme was on track to deliver on the areas identified as a priority.
10 Sep 2010 09:05:33
(Media Comment)
Business Day reported that an independent investigation into the circumstances surrounding the premature release of banking group Absa's interim results has established that an unintentional breach of rule 3.5 of the JSE listings requirements occurred, in that price-sensitive information was provided to the media prior to its release through SENS. However, the JSE has decided not to impose a further penalty on Absa after considering various factors, including the mitigation implemented by Absa to prevent or minimise any potential undesirable effects.
09 Sep 2010 17:04:19
(Official Notice)
The JSE Limited (JSE) and Absa Group Ltd (Absa) confirm that the independent investigation into the circumstances surrounding the premature release of Absa's interim results has been concluded. It has been established that an unintentional breach of Rule 3.5 of the JSE Listings Requirements occurred in that price sensitive information was provided to the media prior to its release over SENS. Rule 3.5 stipulates that price sensitive information may not be provided to the media prior to its release on SENS even where such information is only to be published after release over SENS.



The JSE has decided not to impose a further penalty on Absa after considering the following:

*The mitigation implemented by Absa to prevent or minimise any potential undesirable effects;

*The public censure that has already occurred;

*That the Absa results were in line with the trading update published on 29 July 2010;

*That the results had very little impact on the volumes and value traded after their release; and

*The immediate notification of the JSE by Absa once it was discovered that the breach had occurred.



Absa is also further implementing a number of enhanced governance actions and controls to ensure that a similar incident does not occur in future, including reviewing third party supplier governance and limiting publication to daily newspapers.
06 Sep 2010 17:08:17
(Official Notice)
Garth Griffin has been appointed by the Absa and Absa Bank Ltd ("Absa Bank") boards to succeed Dave Brink as non-executive chairman of Absa and Absa Bank. Mr Griffin's appointments will be effective from 1 October 2010. Mr Brink will step down from all of his board, board committee and other positions in Absa and Absa Bank on 30 September 2010.
06 Aug 2010 10:14:53
(Media Comment)
Business Day reported that Absa is opening a representative office in Nigeria in a move CEO Maria Ramos says is not a late entry into Africa's most populous nation. Rather, she says, it is a calculated strategy not to blindly follow rivals, some of whom have registered to buy distressed banks rescued from collapse by the Nigerian central bank. It had received regulatory approval to open an office in the country, giving it a foothold in what is potentially going to be the next major growth market, together with Angola, for investors.
05 Aug 2010 12:02:28
(Official Notice)
Absa has commenced with a formal investigation into the circumstances that led to its interim results being published in the Financial Mail on 04 August ahead of the scheduled date. Absa has already met with senior representatives of the JSE and they have agreed to work together to finalise this matter.

04 Aug 2010 14:14:05
(C)
Net interest income rose by 5% to R11.3 billion (R10.8 billion). Net attributable profit was up by 17% to R3.8 billion (R3.3 billion). However, headline earnings fell by 4% to 539.3cps (564.4cps).



Dividend

An ordinary interim dividend of 225cps has been declared.



Outlook

The business environment will remain challenging in spite of expectations that the economic upturn will continue and household spending will recover slowly. In excess of one million job losses and high levels of household indebtedness will continue to weigh on the willingness and ability of households to take on new debt. Investment growth is expected to remain tepid until the slack that was built up during the recession is fully utilised, thus making a quick recovery in corporate credit demand unlikely. Although overall credit growth is likely to remain weak, signs that the economic recovery is proceeding suggest that interest rates are at or near their low point, but continuing uncertainty around the impact of global events suggests that a cautious approach may be maintained by the South African Reserve Bank. The group expects little change in trading conditions in the second half of the year.
04 Aug 2010 08:48:17
(Media Comment)
Business Report noted that Absa's Tanzanian unit, National Bank of Commerce ("NBC"), is planning an initial public offering on the Dar es Salaam Stock Exchange. Absa owns 55% of NBC and intends selling 2.5% of the bank when it lists.
03 Aug 2010 08:01:21
(Official Notice)
Absa is pleased to announce that Mr Jan Lubbe has been appointed to the position of Chief Risk Officer, with effect from 1 September 2010. He replaces David Hodnett who was appointed as Group Finance Director on 1 March 2010 and continued to lead the risk portfolio while a successor was being sought.
30 Jul 2010 09:10:24
(Media Comment)
Business Day noted that Fitch Ratings has affirmed the long-term foreign currency issuer default ratings of Absa and Absa Bank Ltd. However, Fitch said that both ratings had negative outlooks.
29 Jul 2010 18:04:43
(Official Notice)
Shareholders are accordingly advised that, Absa group's EPS for 30 June 2010 are expected to be between 10% and 12% higher than June 2009. However, HEPS for June 2010 are expected to be between 3% and 5% lower than June 2009. The decline in diluted HEPS will be slightly lower than HEPS as the impact of the shares issued to Batho Bonke Capital (Pty) Ltd in 2009 was already partially discounted in the June 2009 diluted number of shares. The difference between the change in EPS and HEPS mainly relates to the impairments against the value of equity positions acquired resulting from single stock future defaults incurred in June 2009. Due to the greater impact on Absa bank's smaller earnings base of the single stock future impairment recorded in June 2009, Absa Bank's EPS for June 2010 are expected to be between 28% and 30% higher than June 2009. HEPS for June 2010 are expected to be between 1% and 3% higher than June 2009.

15 Jul 2010 11:03:10
(Official Notice)
Shareholders of Absa Group and Absa Bank are advised that the financial results for the six months ended 30 June 2010 will be released on SENS and placed on Absa's website (www.absa.co.za) on Thursday, 5 August 2010. This release will coincide with the release of the financial results of Barclays Plc, the group's parent company. A presentation of the group's results will be made in Johannesburg at 11:30 a.m. (South African time).



The presentation will also be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and the details thereof will be published on the Absa website prior to the presentation. Shareholders are also informed that the indicative dates pertaining to the declaration of Absa Group ordinary and Absa Bank preference share dividends, as set out in the Absa Group and Absa Bank annual reports for the year ended 31 December 2009, will remain unchanged. Full details of the dividends will be included in the interim financial results announcements.
02 Jul 2010 17:39:12
(Official Notice)
On 19 February 2010 Absa and Capricorn Investment Holdings reached a non-binding agreement to allow Absa to pursue an acquisition of a majority stake in Capricorn Investment Holdings. This was subject to certain conditions, including regulatory approval and the completion of a successful due diligence process. The due diligence was successfully completed in April 2010.



However, the Bank of Namibia has since informed both parties that it has declined the acquisition as it believes a decision to approve will not support its initiatives to increase local participation in the financial system as a whole. Absa is obviously disappointed at this turn of events, and will now study the decision.
18 Jun 2010 15:02:49
(Official Notice)
Absa Group announced the appointment of Mr Colin Beggs as an independent non-executive director on the boards of Absa Group and Absa Bank, with effect from 23 June 2010.
04 May 2010 09:14:15
(Media Comment)
According to Business Report, Absa has sold two bonds worth R1 billion to selected investors to increase its capital and benefit from record-low interest rates. The sale included a R600 million bond sale maturing in 2022.
30 Apr 2010 08:57:01
(Official Notice)
Shareholders of Absa are advised that Barclays PLC released its 2010 first quarter interim management statement on 30 April 2010. The following excerpt from their interim management statement makes specific reference to the financial performance of Absa excluding Absa Card and Absa Capital (in sterling):



"Profit before tax at Absa increased 114% to GBP167 million (2009: GBP78 million) including a one-off credit relating to the group's recognition of a pension fund surplus and the appreciation in the average value of the rand against sterling. Excluding these items, profit before tax increased 15%, driven by lower retail impairment."
23 Apr 2010 08:30:27
(Media Comment)
According to Business Day, Absa wants its nonretail banking operations to contribute half of group revenue by 2012 as it seeks to diversify revenue streams after the financial crisis. The drive represents a strategic shift by the bank, which in the past few years has earned up to 70% of revenue from the traditional retail business. In the year to December group revenue was R42.1 billion, with retail contributing 61.2%. Absa's retail arm saw its earnings fall 21.1% last year thanks to a R1.3 billion loss from its home-loans operation.
21 Apr 2010 13:29:17
(Official Notice)
Shareholders of the group were advised that at the AGM held on Wednesday, 21 April 2010, all the resolutions set out in the notice of AGM sent to shareholders as part of the annual report for the year ended 31 December 2009 were passed by the requisite majority of votes.
15 Apr 2010 15:22:35
(Media Comment)
According to the Financial Mail, Barclays continues to have high ambitions for Absa. The Financial Mail has found that Barclays aims to usher Absa Capital into the top tier in equities investment in South Africa. Barclays has always wanted to use South Africa as a base to grow its African business and Barclays Capital's top management has visited South Africa to achieve these aims. Dixit Joshi, an MD at Barclays Capital, says the focus is on getting local-global synergies maximised.
30 Mar 2010 18:18:07
(Official Notice)
Shareholders are advised that the company's annual report will be lodged with the JSE Ltd and posted to shareholders on 30 March 2010. The annual report will also be available on Absa's website. An abridged report has not been published as the information previously published in Absa's audited financial results announcement on Tuesday, 16 February 2010 is unchanged.



Notice of the annual general meeting

Notice is hereby given that Absa's annual general meeting will be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Wednesday, 21 April 2010 at 11:00 to transact business as stated in the notice of annual general meeting.



The Absa board charter required that all non-executives retire at the annual general meeting following their 70th birthday. The board has amended this requirement so as to allow the company to retain the services of directors who would otherwise be required to retire, if good cause for it therefore exists. Following this amendment, shareholders are advised that the Absa board has extended the term of office of the chairman, Mr David Brink and that of Mr Des Arnold, an independent non-executive director and chairman of Absa's Audit and Compliance Committee. The board is of the view that this decision is in the best interests of the company. Mr Brink will continue as Absa chairman until a new chairperson is appointed. This process is well under way.
12 Mar 2010 08:59:14
(Media Comment)
Business Day reported that a concessionary loan of EUR40 million given to Absa by the French development agency Agence Francaise de Development ("AFD") has helped the banking group to assist first-time home buyers earning less than R15 000 a month to own a house. Absa welcomed visiting French Foreign Trade Minister Anne-Marie Idrac, who was taken on a tour of the Olivenhoutbosch integrated housing project in Tswane, where 5411 housing units have been developed by Absa Devco in conjunction with the Tswane municipality at a cost of R1 billion. "We are delighted Absa and AFD can claim through this partnership that we have and are still helping home buyers, who have joint household monthly incomes of less than R15 000, to buy their dream homes," Absa deputy CEO Louis von Zeuner said.
01 Mar 2010 11:12:46
(Media Comment)
According to Finweek, a growing number of analysts are cautious concerning Absa's 2010 earnings prospects as it beds down a new management team under Maria Ramos. Nevertheless, the bank believes the management changes are strategically important in growing earnings over the long term.
19 Feb 2010 12:04:46
(Official Notice)
Absa has announced that a non-binding agreement has been reached to allow the group to pursue the acquisition of a controlling interest in Namibia's Capricorn Investment Holdings Ltd for an undisclosed amount.



The potential transaction will be subject to, inter alia, the following conditions precedent:

*A due diligence investigation to Absa's satisfaction

*Confirmation of support from the majority of the shareholders of CIH

*Final approval by all the required internal governance structures

*All the necessary legal and regulatory approvals in South Africa and Namibia

*No material adverse change prior to completion.

A further announcement will be made in due course.
16 Feb 2010 09:49:47
(Official Notice)
The Absa Group recorded a decline of 23.5% in headline earnings from R10 billion to R7.6 billion for the year ended 31 December 2009. HEPS decreased by 25.5% to 1 099,4 cps (2008 : 1 474.8 cps) and fully diluted HEPS decreased by 24.5% to 1 072.9 cents per share (2008 : 1 420.2 cps). Attributable earnings declined from R10.6 billion to R6.8 billion.



Dividend

A final dividend of 220 cents per share was declared, representing a dividend cover of 2.5 times.



Prospects

The economic outlook remains challenging both on the global and domestic front. Although the group expects to see a return to growth in the domestic economy, supported by a modest upturn in consumption and continued investment in infrastructure spending by government, a number of risks remain. These include the weak labour market; high levels of existing debt and concern regarding the sustainability of the global recovery, which continues to weigh on sentiment. Business volumes are, therefore, likely to show muted growth. Given the strategic focus the group expects to see a return to earnings growth in 2010.
12 Feb 2010 16:15:45
(Official Notice)
Absa announced that David Hodnett has been appointed as group finance director of Absa Group Ltd and Absa Bank Ltd. David succeeds Jacques Schindehutte, who will be leaving the group on 28 February 2010. David will also join the Absa Group and Absa Bank boards of directors as an executive director with effect from 1 March 2010. He will continue to report to the group chief executive and serve as a member of the group executive committee.
01 Feb 2010 14:07:51
(Official Notice)
Shareholders of Absa group and Absa Bank are advised that the financial results for the year ended 31 December 2009 will be released on SENS and placed on Absa's website (www.absa.co.za) on Tuesday, 16 February 2010. This release will coincide with the release of the financial results of Barclays Plc, the group's parent company.
22 Jan 2010 15:59:48
(Official Notice)
These appointments are part of an extensive programme Absa has embarked upon to enhance and strengthen its leadership composition at the senior leadership level as the Group prepares to maximise opportunities presented by the country?s recovering economy.

Absa's new group executive committee:

*Maria Ramos - Group Chief Executive

*Louis von Zeuner - Deputy Group Chief Executive

*Jacques Schindehutte - Group Finance Director

*Dave Hodnett - Group Risk Director

*Stephen van Coller - Chief Executive, Absa Capital

*Happy Ntshingila - Executive Director, Marketing and Communication

*Fergus Marupen - Group Executive, Human Resources

*Alfie Naidoo - Group Chief Operating Officer

*Willie Lategan - Chief Executive, Absa Financial Services

*Gavin Opperman - Chief Executive, Retail Banking

*Bobby Malabie - Chief Executive, Absa Business Bank

*Daphne Motsepe - Chief Executive, Unsecured Lending

*Venete Klein - Executive Director, Corporate Affairs and Sustainability
18 Jan 2010 07:38:15
(Media Comment)
According to the Sunday Times Business Times, Pinnacle Point Group Ltd ("PinPoint"), may cost Absa even more than the R1 billion-plus the bank has put into the property developer so far. Absa holds almost 40% of PinPoint after it inherited 21% of the company in late 2008 when single-stock futures traders defaulted on payments. PinPoint has been hurt by the economic slump, which has devastated demand for its golf course developments.
05 Jan 2010 07:49:32
(Media Comment)
According to Business Day, Absa will continue to focus on the lower-income segment of its retail bank business. This is the market in which the bank has a large share of customers, amounting to five million clients. Absa is rumoured to be interested in upping its stake in Blue Financial Services Ltd, so that the bank can increase its footprint in the local market. Absa declined to comment.
23 Dec 2009 09:55:18
(Media Comment)
According to Business Report, Absa is using inertia marketing to raise insurance premiums paid by clients for homes insured with the bank's insurance unit. Absa denies that it is using the practice which was banned in 2005 because consumers had an option to refuse the offer. Inertia marketing is the taking or demanding of payment for goods and services supplied to consumers who have not actively refused offers.
04 Dec 2009 14:33:23
(Official Notice)
Absa Bank's HEPS and EPS for the year ending 31 December 2009 are expected to be between 25% and 35% lower than that reported for the previous financial year. EPS for the same period are expected to be between 35% and 45% lower than for the year ended 31 December 2008. The difference between the decline in HEPS and EPS is largely attributable to the impairment of investments acquired through single stock futures trading defaults, which is excluded from headline earnings in 2009. The financial performance of the group has been particularly impacted by the effect of adverse market conditions on its investment banking cluster. The value of investments in the private equity portfolio has declined over the period, resulting in a negative valuation adjustment in the income statement. Additionally, difficulties reported by Blue Financial Services Ltd have necessitated that the group consider a further impairment of this investment and related credit exposures at year-end.



While the business environment remains under pressure and asset growth is constrained, the remainder of the business clusters have performed in line with the guidance communicated at the group's interim results. There has been an improvement in credit portfolios and as a result, no further deterioration in the group's impairment ratio, relative to that reported at the half-year, is expected for the full year. The group and bank remain capitalised well above the minimum regulatory requirements and above board-approved targets. The forecast financial results, on which this trading statement is based, have not been reviewed or reported on by Absa Bank or Absa group's auditors.

09 Nov 2009 09:31:54
(Media Comment)
Business Day reported that Fitch Ratings affirmed the ratings of Absa and its subsidiary, Absa Bank Ltd ("Absa Bank"), at A and changed the outlooks on their long-term local currency issuer default ratings (IDR) to stable to negative. The long-term IDRs of Absa and Absa Bank reflect majority ownership by Barclays Bank, and a very high probability of support because of the UK bank's 55.5% stake.
08 Oct 2009 09:11:53
(Media Comment)
Absa said yesterday it had been chosen as the most innovative bank in Africa at the African Banker Awards 2009, held in Istanbul, Turkey, on Tuesday, while it's Tanzanian subsidiary, the National Bank of Commerce was selected as the best local bank in Africa.

28 Sep 2009 16:03:28
(Official Notice)
Absa group to announced that Stephen van Coller, currently Deputy Chief Executive and Head of Investment Banking at Absa Capital, has been appointed Chief Executive of Absa Capital. He takes over from John Vitalo with effect from 1 October 2009 and will also assume local responsibility in Johannesburg for Absa Wealth.



17 Sep 2009 09:49:49
(Media Comment)
Absa became the second major bank in less than 48 hours to declare an interest in setting up shop in Nigeria. Deputy group chief executive Louis von Zeuner told business leaders in Kempton Park that ABSA was awaiting the approval of a licence that would allow it to set up a representative office in Nigeria. On Tuesday, FirstRand said it wanted to set up shop to in Nigeria, despite the banking crisis in that country.
08 Sep 2009 09:36:46
(Media Comment)
Johan De Kock, the head of equity research at Metropolitan Asset Managers, was quoted in Business Report as saying that the resignation of Absa's group financial director, Jacque Schindehutte, was "certainly not" good for the bank. De Kock said that Schindehutte's experience would be hard to replace. Schindehutte has been with Absa for ten years.
07 Sep 2009 14:53:54
(Official Notice)
Shareholders are advised that group executive director, Jacques Schindehutte, will resign from the boards of Absa Bank and Absa Group with effect 1 March 2010 and will leave the employ of Absa on 1 September 2010. The timing and terms of his departure are in accordance with the retention agreement that was concluded in November 2008 as reported in the shareholder report for the year ended 31 December 2008. The group will consider internal and external candidates for this position in the coming months and a further announcement will be made when appropriate.
07 Sep 2009 14:49:43
(Official Notice)
Shareholders are advised that the following change to the executive structure of Absa have been implemented with immediate effect. Maria Ramos today announced a new executive structure that includes the appointment of a deputy group chief executive. Louis von Zeuner, current chief executive of the group's retail and commercial banking activities, has been appointed as deputy group chief executive (deputy GCE) for Absa. The deputy GCE will report directly to the GCE and will assume, amongst others, the responsibility for the retail and commercial banking businesses, Absa Financial Services and Group Operations.
28 Aug 2009 12:03:31
(Official Notice)
On 2 June 2009 Absa advised that it had provided a back-up funding facility to Batho Bonke Capital (Pty) Ltd (Batho Bonke) in order to facilitate the option exercise by Batho Bonke into 36 649 300 Absa ordinary shares. Shareholders are advised that Batho Bonke has successfully concluded and raised third-party funding of R1.7 billion from a consortium of financial institutions, thereby allowing Batho Bonke to finance its purchase of 36 649 300 Absa ordinary shares by replacing the Absa back up facility from 1 September 2009. All conditions precedent have been fulfilled. The raising of third-party funding will result in Batho Bonke having a beneficial shareholding of 5.1% in Absa.
03 Aug 2009 11:14:37
(C)
The Absa Group recorded a decline of 19.1% in headline earnings to R3 826 million for the six months ended 30 June 2009. Headline earnings per share (HEPS) decreased by 19.4% to 564.4c per share and fully diluted HEPS decreased by 17.4% to 550.5c per share. Attributable earnings declined by 38.7% to R3 272 million. The pronounced decline in attributable earnings is largely as a result of a once-off gain of R636 million arising from the Visa Inc initial public offering share allocation, recorded in the prior period and a R788 million (R1 095 million before tax) impairment in the value of certain associate investments.



Dividend

An interim ordinary dividend of 225.0cps was declared.



Prospects and strategic focus

The economy is unlikely to record positive growth for the current financial year. Interest rate declines should bring about relief to households and corporates. Consumption, however, is likely to remain constrained as a result of the continued effects of consumer deleveraging. Global recessionary conditions, deteriorating household wealth and weak employment prospects remain significant risks to an economic recovery in the near-term whilst market sentiment is likely to remain fragile. Business volumes are, therefore, likely to show limited growth. Arrears and non- performing loans are expected to continue rising. Margins are expected to remain under pressure due to the continued higher cost of funding. The group has implemented comprehensive measures to protect future earnings. A disciplined approach to risk and cost management will remain a priority. The group also remains focussed on maintaining asset quality while, at the same time, being actively alert and seeking opportunities to lend where signs of recovery are evident. The group is committed to supporting its customers by strengthening relationships during these challenging times. In the light of the challenging macroeconomic environment, the group's performance for the year ending December 2009 is expected to remain under pressure.
31 Jul 2009 16:59:47
(Official Notice)
In a trading update released on 23 June 2009, Absa Group advised shareholders that the headline earnings per share (HEPS) of Absa Group for the six months ending 30 June 2009 was expected to be between 15% and 25% lower than for the six months ended 30 June 2008, while the earnings per share (EPS) was likely to range between 25% and 35% lower for the same period. The HEPS of Absa Bank for the six months ending 30 June 2009 was expected to be between 25% and 35% lower than for the six months ended 30 June 2008, while the EPS was likely to range between 35% and 45% lower for the same period. It was reported that the difference between the decline in EPS and HEPS can mainly be explained by:

* the corresponding prior period included a one-off gain of R636 million, following the issue of shares as part of the Visa Inc initial public offering, which was included in EPS; and

* the impairment of the carrying value of the associate and available for sale investments that were acquired in December 2008 as a result of the failure of certain clients to honour their commitments in respect of single stock futures transactions.

It was noted that the quantum of the impairment to be recognised against these investments remained to be concluded. Management has subsequently performed a detailed review and valuation of each of these investments and the board concluded that an impairment of R1 095 million (pre-tax) should be recognised to reduce the carrying value of these investments from R1 540 million to R445 million. The finalisation of this adjustment has resulted in the reduction in EPS falling outside of the range of guidance previously provided. The reduction in EPS to be reported on Monday, 3 August 2009 has thus increased to 38.9% down for Absa Group and 49.9% down for Absa Bank. HEPS has not been impacted by this adjustment, with a reduction in HEPS of 19.4% for Absa Group and 25.7% for Absa Bank, which is within the range of guidance previously provided. The Absa Group and Absa Bank interim results for the six months ended 30 June 2009 will be released on Monday, August 2009.
27 Jul 2009 09:15:11
(Media Comment)
The Sunday Times Business Times reported that the resignation of chairwoman Gill Marcus to take up the position of governor of the Reserve Bank has created a headache for Absa. This is because Absa has no handy replacement for Marcus and the search for a new chairperson will be difficult. In any event, controlling shareholder, Barclays, will undoubtedly have the final say and may want to make a politically correct appointment.
20 Jul 2009 08:34:32
(Official Notice)
Shareholders are advised that Ms Gill Marcus, Chairperson of boards of directors of Absa Group Ltd and Absa Bank Ltd, has been appointed as Governor of the South African Reserve Bank with effect from 9 November 2009. Mr. Dave Brink, currently the Deputy Chairperson of Absa will assume the role of Chairperson of both boards in the interim.

10 Jul 2009 09:02:30
(Official Notice)
Shareholders of Absa Group and Absa Bank are advised that the financial results for the six months ended 30 June 2009 will be released on SENS and placed on Absa's website on Monday, 3 August 2009. This release will coincide with the release of the financial results of Barclays Plc, the group's parent company. A presentation of the group's results will be made in Johannesburg at 11:30 a.m. (South African time). The presentation will also be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and the details thereof will be published on the Absa website prior to the presentation. Shareholders are also informed that the indicative dates pertaining to the declaration of Absa Group ordinary and Absa Bank preference share dividends, as set out in the Absa Group and Absa Bank shareholder reports for the year ended 31 December 2008, will remain unchanged. Full details of the dividends will be included in the interim financial results announcements.
23 Jun 2009 08:56:11
(Official Notice)
At the annual general meeting held on the 21 April 2009, the group cautioned shareholders that trading conditions in the current weak economic environment had become challenging. The financial performance of the group had been impacted by increasing impairment levels, a contraction of interest margins and a reduction in the value of investment portfolios. Accordingly, shareholders are advised that the HEPS of Absa Group, for the six months ending 30 June 2009, are expected to be between 15% and 25% lower than for the six months ended 30 June 2008 whilst EPS are likely to range between 25% and 35% lower for the same period. The HEPS of Absa Bank, for the six months ending 30 June 2009, are expected to be between 25% and 35% lower than for the six months ended 30 June 2008 whilst EPS are likely to range between 35% and 45% lower for the same period. The difference between the decline in EPS and HEPS is explained by:

* A one-off gain of R636 million following the issue of shares as part of the VISA IPO, which was included in EPS for the prior corresponding period; and,

* The impairment of the carrying value of the associate investments that were acquired in December 2008 as a result of the failure of certain clients to honour their commitments in respect of share futures transactions (Single Stock Futures). The quantum of the said impairment remains to be concluded and has necessitated this range of earnings guidance.

The group and bank remain capitalised well above the minimum regulatory requirements and above board approved targets. The interim results will be announced on SENS on 3 August 2009. The forecast financial information, on which this trading statement is based, has not been reviewed or reported on by the auditors of Absa Bank or Absa Group.
12 Jun 2009 08:50:16
(Official Notice)
Absa group has sold its 50% shareholding in Banco Comercial Angolano Sarl to six of the current BCA Angolan shareholders for an undisclosed sum. All conditions, including relevant regulatory approvals as well as pre-emptive rights over the said shares in favour of the remaining 22 BCA Angolan shareholders, have been fulfilled.
08 Jun 2009 09:35:16
(Media Comment)
According to Business Report, if Batho Bonke, Absa's BEE partner fails to raise funds, the banking group may be left with no BEE partner. Batho Bonke has failed to raise funds for five years and Absa has recently provided the consortium with a R1.7 billion three-month loan. Batho Bonke has until 1 September 2009 to repay the loan. Among the consortium's shareholders is Mvelaphanda Group Ltd, which has a 44.7% stake.
02 Jun 2009 13:15:14
(Official Notice)
Shareholders are referred to Absa's announcement on 26 March 2009 advising of the proposed partial realisation and exercise by Batho Bonke Capital (Pty) Ltd (Batho Bonke) of its options to subscribe for 73 152 300 ordinary shares in Absa. This was achieved on 1 June 2009 by:

*a specific repurchase and cancellation by Absa of 49.9% (36 503 000) of the Absa redeemable option-holding preference shares (redeemable preference shares) held by Batho Bonke;

*an issue by Absa of 36 649 300 ordinary shares (Absa ordinary shares) arising from the exercise by Batho Bonke of 50,1% (36 649 300) of the options attaching to the redeemable preference shares (options) held by Batho Bonke; and

*the provision by Absa of a three-month back-up funding facility (until 1 September 2009) for the Batho Bonke option exercise.



Batho Bonke continues to be in productive discussions with various institutions regarding term funding of its investment in Absa shares. If Batho Bonke is successful in raising the necessary third-party funding prior to 1 September 2009, Batho Bonke will be entitled to settle the Absa-provided back-up funding facility by that date. Should Batho Bonke not redeem Absa's funding by 1 September 2009, the economic return on the outstanding Absa funding will convert, from that date, to the full economic return on a specified number of Absa ordinary shares such that Absa and Batho Bonke will be placed in the same economic position had Absa repurchased that specified number of Absa ordinary shares under a share buy-back transaction on the funding date of 1 June 2009, and Batho Bonke applying the profit to subscribe for the balance of the Absa ordinary shares.
12 May 2009 10:02:59
(Official Notice)
John Vitalo, Chief Executive of Absa Capital has been appointed as Chief Executive Officer of Barclays Investment Banking and Investment Management in the Middle East. This new post will be in addition to his existing roles in Johannesburg as CE of Absa Capital and his South African responsibility for Absa Wealth. Absa capital is one of the leading investment banks in sub-Saharan Africa and its performance will continue to be an ongoing priority for John and Barclays capital.
07 May 2009 09:59:04
(Official Notice)
Shareholders of Absa Group are advised that Barclays PLC released its 2009 Quarter One interim management statement on 7 May 2009. The following excerpt from the update makes specific reference to the financial performance of the Absa Group excluding Absa Card and Absa Capital (in sterling): "Profit before tax at Global Retail and Commercial Banking - Absa (excluding Absa Capital and Absa Card) decreased due to increased impairment as a result of the continued downturn in the economic environment. Costs remained well controlled with cost growth in line with income growth." The full text of the interim management statement is available on the Barclays PLC website.
21 Apr 2009 16:28:45
(Official Notice)
Shareholders are advised that at the AGM held on Tuesday, 21 April 2009, all the resolutions set out in the notice of AGM sent to shareholders together with the shareholder report for the year ended 31 December 2008 were passed by the requisite majority of votes.



The attention of shareholders is also drawn to the retirement of Dr Franklin Sonn effective 21 April 2009. As detailed in the shareholder report for the year ended 31 December 2008, Dr Sonn, who would have retired by rotation in terms of Absa's articles of association, did not seek re-election at the AGM held.
05 Apr 2009 09:36:09
(Media Comment)
Business Times reported that Absa is paying its former CEO Steve Booysen R19.1 million to leave, according to its 2008 annual report. This is on top of Booysen's R18.15 million salary for 2008. Shareholder activist Theo Botha referred to the payment as "a disgrace".
27 Mar 2009 14:38:43
(Official Notice)
Shareholders are advised that the company's shareholder report will be lodged with the JSE Ltd and posted to shareholders by Monday, 30 March 2009. An abridged report has not been published as the information previously published in Absa's audited financial results announcement on Monday, 9 February 2009 is unchanged. Ernst - Young Inc and PricewaterhouseCoopers Inc audited Absa's results and their audit reports are available for inspection at the registered office of the company.



Notice is hereby given that Absa's annual general meeting will be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Tuesday, 21 April 2009 at 11:00 to transact business as stated in the notice of annual general meeting.
26 Mar 2009 08:35:03
(Official Notice)
23 Feb 2009 11:20:39
(Official Notice)
Shareholders are advised that Peter Mageza, Group Chief Operating Officer of the Absa Group will be retiring from the group with effect from 30 June 2009 in order to pursue personal business interests.
11 Feb 2009 17:21:22
(Official Notice)
Absa and Absa Bank Ltd aannounced that Antony Jenkins and Benoit de Vitry d'Avaucourt (known as Benoit de Vitry) have been appointed, subject to regulatory approval, as non-executive directors of Absa, representing Barclays Bank Plc. Antony Jenkins and Benoit de Vitry will replace Frits Seegers and Roger Jenkins as Barclays representatives on the Absa boards.
09 Feb 2009 13:10:05
(C)
Absa group Ltd recorded an increase of 10.4% in attributable earnings for the year ended 31 December 2008 from (2007: R9 595 million) to R10 592 million in 2008.Profit for the period rose from R10 025 million in 2007 to R11 243 million in 2008. Headline earnings increased by 5.3% from (2007: R9 413 million) to R9 908 million in 2008. HEPS increased by 4.6% to 1 466,2 cps (2007: 1 401.9 cps) and fully diluted HEPS increased by 7.3% to 1 412,1 cents per share (2007: 1316.1 cps)



Dividend

A final ordinary dividend of 330cps for the year-ended 31 December 2008 has been declared.



Prospects

Given the challenging conditions that lie ahead, Absa will continue to implement comprehensive measures to protect future earnings. The group remains well capitalised and has a strong balance sheet enabling it to take advantage of growth opportunities as and when they arise. The continuing efforts to diversify the group's earnings base should underpin future financial performance. In particular, growth in the investment and commercial banking businesses should remain positive, thereby mitigating some of the slowdown in the retail business. The group remains committed to managing risk, preserving capital and maintaining current levels of profitability for the year ahead.
02 Feb 2009 09:55:40
(Media Comment)
According to Business Report, Absa, and its parent Barclays, have both been reported to the UK's chief fraud prosecutor in connection with alleged breaches of South African foreign exchange control regulations. The claims might involve more than GBP100 million. Barclays says that there is no merit to the allegations.
29 Jan 2009 18:11:58
(Official Notice)
Shareholders are advised that the Absa Group has acquired shareholdings in four companies listed on the JSE Ltd, following client defaults relating to single stock futures. Absa Bank, acting through Absa Capital Investor Services, a division of Absa Capital, is a clearing member of the South Africa Futures Exchange . As a consequence of certain clients failing to pay variation margin in respect of single stock futures contracts, the group has acquired equity stakes in four listed companies

Investments, bringing the group's total shareholding to 26%. The shareholdings in Pinnacle Point group and Sekunjalo Investments are equity accounted for as associates. The investments in Blue Financial Services and ConvergeNet Holdings have been classified as available-for-sale financial instruments and any fair value movements will be reflected in the "available-for-sale reserve" in equity.
26 Jan 2009 16:32:18
(Official Notice)
As disclosed in a London Stock Exchange announcement released this morning, Barclays Plc has decided to bring forward its results announcement to 9 February 2009. Consequently, shareholders of Absa Group and Absa Bank are advised that the financial results for the year ended 31 December 2008 will be released on Sens and placed on Absa's website on the morning of Monday, 9 February 2009.
26 Jan 2009 08:30:52
(Media Comment)
According to Business Report, Barclays has given no indication that it intends to sell its controlling 59% stake in Absa. The stake is worth R36.7 billion. However, Deutsche Bank analysts commented that although a sale was "very remote", Absa would likely be near the top of the list "should Barclays become a forced seller".
22 Jan 2009 09:21:38
(Media Comment)
As British banking stock's continue to tumble ABSA's market capitalisation edged ahead of that of its UK parent company Barclays for the first time since Barclays bought 59% of the local banking group for R30 billion in 2005. This means ABSA, FirstRand and Standard Bank all have a bigger market capitalisation than Barclays when measured in pounds. Barclay's share price fell for the seventh day on talk that it might have to write down more assets and be nationalised by the British government.
21 Nov 2008 15:55:23
(Official Notice)
The board of Absa has announced the appointment of Maria Ramos as group chief executive (subject to regulatory approval) in succession to the current group chief executive, Steve Booysen, who will be stepping down from Absa. Ms Ramos, currently chief executive of Transnet, will take up her role at Absa effective 1 March 2009. Dr Booysen will continue as group chief executive of Absa until that date, at which point he will also step down from the boards of Absa and Absa Bank Ltd.
14 Nov 2008 12:04:57
(Official Notice)
Shareholders are advised that Robert Emslie, Chief Executive: Absa Corporate and Business Bank (ACBB) will be leaving Absa at the end of January 2009. Louis von Zeuner, Chief Executive: Retail Bank, will act as head of ACBB until a successor for Robert is announced.
02 Oct 2008 08:44:22
(Official Notice)
Absa shareholders are referred to the announcement issued on 16 April 2008, regarding the acquisition by Absa of 50% plus one share of the issued share capital of Woolworths Financial Services (Pty) Ltd, the financial services business of Woolworths Holdings Ltd (the transaction). Shareholders are hereby informed that all the conditions precedent to the transaction have now been fulfilled. Accordingly, the effective date of the transaction was Wednesday, 1 October 2008.
11 Sep 2008 08:29:16
(Media Comment)
Business Day reported that Absa Capital purchased a 10% stake in cable-laying company Dark Fibre Africa for an undisclosed sum. Absa could also be asked to make additional capital injections in the future.
15 Aug 2008 08:11:50
(Media Comment)
Business Day reported that Absa's purchase of the remaining 25.5% in Meeg Bank has been opposed in the Grahamstown High Court by the Black Management Forum and the former head of Meeg, Darwin Nkonki. Judgement has been reserved but a decision may be reached on Friday, 15 August 2008 or on Monday, 18 August 2008.
07 Aug 2008 09:38:42
(C)
Net interest income increased by 19.2% to R10.2 billion (R8.6 billion) for the interim period to 30 June 2008. Net profit for the period attributable to ordinary shareholders rose by 22.3% to R5.3 billion (R4.4 billion) and headline earnings on a per share basis grew 7.5% to reach 700.3cps (651.3cps).



Dividend

Ordinary interim dividend number 44 of 265cps has been declared.



Prospects

The group expects growth of the South African economy in the short-term to be constrained by inflationary pressures, tighter credit conditions and declining levels of consumer and business confidence which, together with an uncertain global macroeconomic environment, are likely to delay an early recovery from the current economic downturn.



Consumers are expected to remain under pressure as higher debt servicing costs and increases in the general cost of living continue to erode disposable income into 2009. Against this backdrop, the group is likely to experience higher impairments within the retail portfolio. Comprehensive measures have been implemented to protect future earnings of the group. These include the tightening of credit criteria, increasing the collection capability, providing preventative and curative support for distressed customers and implementing further group-wide cost efficiency initiatives.



The promotion of product offerings such as deposits, transactional banking and advisory services to protect and enhance the underlying value of the group remain priorities in the current environment. Moreover, the strong investment-led growth in South Africa should assist Absa Capital and ACBB in maintaining the positive earnings momentum of recent years.



Given the uncertain outlook for the global banking environment, volatile markets, and a higher than anticipated inflation and interest rate environment in South Africa, the headline earnings growth of the group for the full year is expected to be close to the growth percentage achieved in the six months to June 2008.
01 Aug 2008 09:48:51
(Media Comment)
Business Day reported that Meeg's remaining shareholders have voted in favour of Absa's offer to buy the remaining 25.5% of the bank that it did not already own. The transaction is not entirely a done deal, but the shareholder approval makes the buyout hard to derail.
29 Jul 2008 08:11:23
(Media Comment)
Business Day reported that the National African Chamber of Commerce and Industry ("Nafcoc") and the Black Management Forum ("BMF") have failed to prevent the shareholders of the Eastern Cape's Meeg Bank ("Meeg") from voting on Absa's offer to acquire the remaining 25.5% of Meeg. Nafcoc and the BMF do not want black-owned Meeg to be swallowed up by a "white-owned bank". Absa is already Meeg's largest shareholder and has injected cash into the ailing bank over the past five years.
28 Jul 2008 15:05:21
(Official Notice)
Absa earnings per share and fully diluted earnings per share for the six months ended 30 June 2008 are expected to be between twenty one per cent (21%) and twenty four per cent (24%) higher than for the six months ended 30 June 2007. Absa's results for the six months ended 30 June 2008 will be released on 7 August 2008.
11 Jul 2008 11:30:01
(Official Notice)
The interim financial results of Absa and Absa Bank Ltd for the six months ended 30 June 2008 will be released on SENS and placed on Absa's website (www.absa.co.za) on the morning of Thursday, 7 August 2008. A presentation of the group's results will be made in Johannesburg at 11:30 am (South African time). The presentation will also be broadcast live on Summit TV (DSTV channel 412). Webcast and conference call facilities will be available for the presentation and the details thereof will be published on the Absa website prior to the presentation.
12 Jun 2008 13:52:29
(Official Notice)
Absa, together with all registered banks, is required to comply with Basel II, effective 1 January 2008. Basel II is divided into three pillars, namely Pillar 1 (Minimum Capital Requirements); Pillar 2 (Supervisory Review Process) and Pillar 3 (Market Discipline).



This announcement is made in accordance with the requirements of Pillar 3. The purpose of Pillar 3 is to complement the minimum capital requirements and the supervisory review process of the Basel II Capital Accord. The minimum set of disclosure requirements is intended to allow market participants to assess key pieces of information on the scope of application, capital, risk exposures, risk assessment processes, and hence the capital adequacy of the institution.



The minimum requirements of the quantitative information to be disclosed to the public on a quarterly basis is as follows:

*primary capital, including the primary capital adequacy ratio;

*total capital, including the total capital adequacy ratio;

*the components of capital;

*the total required amount of capital and reserve funds; and

*any risk exposure or other item that is subject to rapid or material change.

The disclosure required semi-annually and annually is more comprehensive than the quarterly requirements as it encompasses both quantitative and qualitative information.
15 May 2008 12:09:12
(Official Notice)
Shareholders of Absa are advised that Barclays PLC released its Q1 2008 trading update on 15 May 2008. The following excerpt from the update makes specific reference to the financial performance of Absa (in sterling):



"International retail and commercial banking - Absa reported strong growth in profit before tax, reflecting modest income growth and a gain arising from the VISA IPO which offset higher retail impairment. Costs were broadly flat."



The full text of the trading statement is available on the Barclays PLC website http://www.barclays.com.
23 Apr 2008 10:03:38
(Official Notice)
Mr Lourens Jonker and Ms Nthobi Angel, who would have retired by rotation in terms of Absa`s Articles of Association, have not sought re-election at the AGM and their resignations are accordingly effective 22 April 2008.
23 Apr 2008 09:57:57
(Official Notice)
Shareholders are advised that at the Annual General Meeting held on Tuesday, 22 April 2008, all the resolutions set out in the Notice of Annual General Meeting sent to shareholders as part of the Annual Report for the year ended 31 December 2007 were passed by the requisite majority of votes.
16 Apr 2008 09:19:02
(Official Notice)
Absa has entered into an agreement with Woolworths (Pty) Ltd ("Woolworths") to acquire 50% plus one share of the share capital of Woolworths Financial Services (Pty) Ltd ("WFS"), the financial services business of Woolworths (the transaction). The purchase price payable by Absa for 50% plus one share of the issued share capital of WFS is R875 million, payable in cash at completion.



Principal terms and conditions

Conditions precedent

The transaction is subject to the fulfilment of inter alia, the following remaining conditions precedent before 30 September 2008:

*the internal restructure of WFS being completed so that WFS is the beneficial owner of all financial services businesses within the wider Woolworths group;

*the unconditional approval of the Transaction by the South African Competition Authorities or approval on such conditions as are reasonably acceptable to both Woolworths and Absa; and

*the execution of the remaining ancillary legal agreements necessary to give effect to the transaction.



Debt funding of WFS

Absa Bank will provide all required debt funding to WFS on a secured basis with no recourse to Woolworths.



Effective date

The effective date of the Transaction is expected to occur during the second half of 2008.



Financial effects

The transaction is financially attractive to Absa, although the immediate financial effect is below the disclosure threshold for earnings per share, headline earnings per share, net asset value per share and tangible net asset value per share in terms of the Listings Requirements of the JSE Ltd.



Further announcement

Absa shareholders will be advised by way of a SENS announcement when all the conditions precedent have been fulfilled and once completion has occurred.
04 Apr 2008 17:13:04
(Official Notice)
On 19 March 2008, Visa Inc. (Visa), previously an association of banks, listed on the New York Stock Exchange (NYSE). As part of this initial listing, all associated banks, including Absa were allotted shares based on their proportional membership of Visa. Shareholders of Absa Group are advised that, pursuant to the listing of Visa on the NYSE, the following cash and shares accrued to the Group:

* Cash (following the mandatory, partial redemption of allotted shares) of USD52 million (before tax)

*- Shares (at an initial offering price of USD44 per share) amounting to USD42 million (before tax)
31 Mar 2008 08:32:09
(Official Notice)
Shareholders are advised that the company?s annual report will be lodged with the JSE and posted to shareholders today Monday, 31 March 2008. An abridged report has not been published as the information previously published in Absa`s audited group results on Tuesday, 19 February 2008 is unchanged.



Notice of the annual general meeting

Notice is hereby given that Absa`s annual general meeting will be held in the P W Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Tuesday, 22 April 2008 at 11:00 to transact business as stated in the notice of annual general meeting.
19 Mar 2008 08:02:31
(Official Notice)
Shareholders are hereby advised that Absa subscribed for additional ordinary shares in Meeg Bank Ltd (Meeg Bank) for R53 million cash on 7 March 2008, which has resulted in Absa, directly and indirectly via Absa Bank, increasing its ordinary shareholding in Meeg Bank from 49.7% to a preliminary 74.5%. The subscription price shall be equal to the audited net asset value per Meeg Bank ordinary share at 31 March 2008 and accordingly the preliminary number of shares subscribed for by Absa on 7 March 2008 will be adjusted once the 31 March 2008 year-end audited net asset value for Meeg Bank is determined.
11 Mar 2008 16:30:44
(Official Notice)
Mr Peter Swartz has resigned as a director with effect from 11 March 2008 because of health reasons. Peter has served on the Absa Group and Absa Bank boards since 1994, in addition to being a member of the Group Risk and Capital Management Committee.
22 Feb 2008 10:09:37
(Media Comment)
Business Report's Business Watch column commented that Absa and Barclays still have not reached an agreement on the sale of Barclays' sub-Saharan African businesses to Absa. One of the reasons given is the high price that Barclays' shareholders are asking for the business. This is because it is an important revenue stream and is experiencing rapid growth.
19 Feb 2008 10:51:57
(C)
Interest and similar income for the year to 31 December 2007 was up 46.7% to R55.1 billion (R37.6 billion). This led to a 26.9% increase in net interest income to R18.9 billion (R14.9 billion). Profit for the year attributable to ordinary shareholders rose 18.4% to R9.6 billion (R8.1 billion) and headline earnings per share grew by 18.6% to 1 401.9cps (1 181.8cps). However, the capital adequacy ratio of Absa remained unchanged at 13.1%.



Dividend

A final ordinary dividend of 320cps for the year-ended 31 December 2007 has been declared.



Prospects

Global uncertainties will continue to impact on financial markets and the banking environment in 2008. Household indebtedness, coupled with the increased cost of credit, will continue to impact on affordability, resulting in a more moderate growth in advances and may lead to a further increase in the impairment charge. More generally, buoyant public and private investment spending looks likely to continue in 2008, not only helping to improve South Africa's long-term growth potential but also mitigating downside risks to economic growth in the near-term and supporting corporate and commercial lending and investment banking activities. The resilience of the group will be tested in 2008. Strategies and action plans are in place to address these challenges and opportunities going forward.
11 Feb 2008 07:36:52
(Official Notice)
Absa's headline earnings per share and earnings per share for the year ended 31 December 2007 are expected to be between fifteen per cent (15%) and nineteen per cent (19%) higher, compared with the year ended 31 December 2006. Absa Bank and Absa?s results for the year ended 31 December 2007 will be released on SENS on 19 February 2008.
03 Aug 2006 10:52:37
(C)
25 Jul 2006 14:02:57
(Official Notice)
The favourable trading environment that has persisted for the first half of 2006 has resulted in an improvement in the results of the group's banking operations. Shareholders are accordingly advised that the group's headline earnings per share for the six months ended 30 June 2006 are expected to increase by approximately twenty percent (20%) compared with the pro forma headline earnings per share of 432.3cps for the same period in 2005. The earnings per share for the six months ended 30 June 2006 are not expected to differ much from the headline earnings per share for the same period. The pro forma earnings per share for the six months ended 30 June 2005 were 448.7cps. The group's results for the six months ended 30 June 2006 will be released on SENS on 3 August 2006.
19 Jul 2006 09:27:04
(Media Comment)
Absa denied rumours that it was in discussions to form a venture with SwaziBank, noted Business Day on 19 July 06.
10 Jul 2006 14:32:21
(Official Notice)
Absa's interim results for the six months ended 30 June 2006 will be placed on SENS on Thursday morning, 3 August 2006. A presentation of the group's results will be made in Johannesburg at 11:30.
08 Jun 2006 08:21:47
(Official Notice)
Barclays has announced today that David Roberts, chief executive of International Retail and Commercial Banking at Barclays, will leave Barclays later this year. Until then David will remain on the boards of Barclays and Absa managing the proposed sale of Barclays Africa to Absa until he leaves Barclays.
31 May 2006 12:28:16
(Official Notice)
Absa announced changes to the group executive committee on 31 May 06. Peter Mageza will become the Group Chief Operating Officer with effect from 1 December 2006. His responsibilities will include, inter alia, Information Technology, Administration, Information Management and the property portfolio. His current accountability for Absa Vehicle and Asset Finance will transfer to Louis von Zeuner. Robert East will take responsibility for the Risk and Compliance portfolio, with effect from 1 December 2006, in addition to the Integration process. With immediate effect, Dominic Bruynseels will take responsibility for the Africa investments of Absa.
22 May 2006 11:02:13
(Media Comment)
Commenting on Absa's plan to buy back 20% of its shares, Business Day's The Bottom Line, noted that it would increase Barclays' shareholding in the group to 70% from its current 56%. The article also noted that the move would give minority shareholders decreased voting rights of 30% compared to the current 44% voting rights they now hold.
10 May 2006 14:16:36
(Official Notice)
Results of annual general meeting

At the annual general meeting of Absa held on Wednesday, 10 May 06 at 10:00, all the resolutions set out in the Notice of annual general meeting dated 17 March 06 were passed by the requisite majority of shareholders present or represented by proxy. The special resolution in respect of the general repurchase of shares will be submitted for registration at the Registrar of Companies in due course.



Results of general meeting

Shareholders are referred to the announcement released on SENS and published in the press on 21 April 06 and the circular to shareholders dated 21 April 06 regarding the adoption of four new incentive plans, namely The Absa Group Performance Share Plan, The Absa Group Phantom Performance Share Plan, The Absa Group Executive Share Award Scheme and The Absa Group Phantom Executive Share Award Scheme. At the general meeting of Absa held on Wednesday, 10 May 06 immediately following the conclusion of the Annual General Meeting held on that day, all the resolutions set out in the Notice of General Meeting dated 21 April 06, were passed by the requisite majority of votes cast by shareholders present or represented by proxy.
05 May 2006 16:04:52
(Official Notice)
Absa has launched a new investment bank to the market to be known as Absa Capital.
21 Apr 2006 08:25:48
(Official Notice)
Having conducted a review of long-term incentive plans for employees in Absa and its subsidiaries, the Remuneration Committee proposed the adoption of four new long-term incentive plans for employees of the group in managerial and leadership roles. The New Plans will be called:

*The Absa Group Performance Share Plan ("PSP");

*The Absa Group Phantom Performance Share Plan ("Phantom PSP");

*The Absa Group Executive Share Award Scheme ("ESAS"); and

*The Absa Group Phantom Executive Share Award Scheme ("Phantom ESAS").

19 Apr 2006 10:15:08
(Media Comment)
Business Report noted that Absa would raise around R3 billion to assist with the purchase of Barclays' sub-Saharan operations. The second phase of this transaction would see Absa acquire the African units from Barclays, to create the largest consumer bank in Africa by way of number of customers. CE Steve Booyens said that the group would raise the funds via the sale of preference shares on 20 April 06 at R1000 each. The shares would not carry voting rights. Absa's shares gained R1.85 on 18 April 06 to close at R120.70. The stock has risen by almost 60% over the past 12 months.
11 Apr 2006 16:07:37
(Official Notice)
Dr Danie Cronji has informed the boards of Absa Group and Absa Bank of his decision to retire as chairman and director of both boards with effect from 31 March 2007. Dr Cronji will continue to be an independent director on the boards of Barclays PLC and Barclays Bank PLC.



Absa has initiated a process to select a successor to Dr Cronji with the intention that this person will be in place prior to 31 March 2007 in order to ensure a smooth handover of responsibilities.
11 Apr 2006 08:38:51
(Official Notice)
Absa Bank and the Virgin Group have formed a new joint venture which will offer Virgin Money products and services to South African consumers looking for something new and fresh from the financial services sector. The venture will widen the choice available to South African consumers. Absa has a portfolio of alliances and partnerships with partners that bring strategic assets and capabilities that allow Absa to move into niche markets that it has so far not tapped.



The new venture will offer an alternative range of value for money financial services offerings looking to challenge the South African banking establishment. The range will be designed to meet the needs of customers with lifestyles that demand immediate action - instant rewards and privileges, fast turn-around times - and will also offer enhanced access to other companies in the Virgin Group. As a direct business model, customers will interact with Virgin Money via its call centre and website operations and the related savings will be passed on to the customer.



The roles in the venture are clear. Absa is the local banking partner and provides the infrastructure, fulfilment and support services to the joint venture. Virgin Money leads the marketing, branding, product design and customer service. Virgin Money currently operates in the UK and Australia and has two million customers. These UK and Australian operations will not form part of the joint venture with Absa.
03 Apr 2006 11:00:19
(Official Notice)
Absa's annual general meeting will be held in the PW Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Wednesday, 10 May 2006 at 10:00.
21 Feb 2006 10:31:06
(C)
17 Feb 2006 14:04:44
(Official Notice)
Israel Skosana has resigned from the Absa Bank Ltd board, effective 17 February 2006. He has been a director of Absa Bank Ltd, the group's main operating subsidiary, since 2002.
24 Jan 2006 11:48:23
(Official Notice)
Absa's financial results for the nine months ended 31 December 2005 will be placed on SENS and Absa's website on Tuesday morning, 21 February 2006.
20 Jan 2006 13:06:49
(Official Notice)
Absa has agreed to sell Bankhaus Wolbern (its German private banking and closed-end fund initiation business) to a Hamburg-based businessman and private equity investor, Professor HM Schulte. Absa purchased Bankhaus Wolbern in 1995 and transformed the bank into one of Germany's leading initiators of closed-end real estate funds.
22 Dec 2005 14:02:33
(Official Notice)
The board of directors of Absa Group has announced the appointment of Ms Monhla Hlahla, current CEO of the Airports Company of South Africa (ACSA), as a non-executive director of the Absa Group board, effective 20 December 2005.
22 Dec 2005 08:57:38
(Official Notice)
Shareholders are advised that Absa Bank, a wholly owned subsidiary of Absa, has entered into agreements with Barclays for the acquisition as a going concern of the Barclays South African Branch Business comprising the Barclays Capital South Africa business and the Corporate and Business Banking business as carried on by the South African branch of Barclays, together with related assets and liabilities.



Purchase Consideration

The purchase consideration in respect of the acquisition is R578 million which is based on the net asset value of the business at 31 August 2005, and which will be adjusted to reflect the net asset value of the business at the effective date. The purchase consideration will be settled in cash. The transfer of assets and liabilities in respect of South African law governed assets and contracts will take place by operation of section 54 of the Banks Act, 1990. The transfer of other assets and contracts not governed by South African law has been dealt with on a contractual basis. The effective date of the acquisition is the first day of the calendar month following fulfilment of the suspensive conditions which is expected to be on 1 January 2006.



Rationale for the Transaction

As previously announced to shareholders, both the Absa and Barclays boards support the vision of creating the pre-eminent bank in Africa and have agreed in principle, subject to regulatory and such other approvals as are required, to integrate on an arm's length basis Barclays South Africa and the other Barclays Africa Sub-Saharan businesses into Absa. The acquisition of the business is the first such integration transaction.

05 Dec 2005 14:29:34
(Official Notice)
Absa, on 5 December 2005, announced the resignation of Leslie Boyd, one of the group's independent non-executive directors. Boyd, who has been on the Absa board since 1988, will step down from the board effective 30 December 2005.
21 Nov 2005 12:05:22
(Media Comment)
Business Day reported on 21 November 2005 that Absa planned to open 30 new branches by the end of 2006, 83% of which would be opened in previously disadvantaged areas.
21 Nov 2005 10:11:09
(C)
Absa produced a solid performance for the six months under review with all the business clusters delivering strong earnings growth. These results are the first the Group is reporting under International Financial Reporting Standards (IFRS). Retail banking, commercial banking and the bancassurance operations have performed particularly well in an environment characterised by buoyant retail market conditions and a strong domestic equity market. Retail banking lifted earnings by 23.4%. Commercial banking and bancassurance operations grew earnings by 32.9% and 40.5% respectively. Net interest income increased by 21.1% to R6.2 billion (R5.2 billion) because of strong advances growth of 23.7% and stable margins. The Group's bad debt experience benefited from improved and prudent credit management techniques as well as the relatively low and stable interest rate environment. The cost-to-income ratio increased to 59.9% after costs grew by 17.9% in the period under review. The costs incurred as a result of the Barclays transaction amounted to R120 million (after taxation) and the Barclays implementation programme added a further R61.1 million (after taxation). Profit attributable to shareholders rose to R2.9 billion (R2.4 billion) and headline earnings per share increased by 22.5%, from 371.2c to 454.8c per share.



Dividend

An interim dividend of 160cps has been declared, representing an increase of 68.4% over the 95cps declared in November 2004.



Prospects

Consumer demand for credit is expected to remain strong for the near-term, albeit not as buoyant as over the past 18 months. Inflation is expected to remain within the government's target of 3 to 6% and interest rates are likely to increase slightly over the next year. Interest margins are expected to contract further as a result of the competitive landscape and an increased reliance on wholesale funding. Credit quality is expected to remain sound and the charge to the income statement relatively low. Absa expects earnings growth momentum to be maintained for the remainder of the current financial reporting period ending 31 December 2005.
25 Oct 2005 15:32:09
(Official Notice)
For the year ended 31 March 2005 Absa prepared its financial statements under statements of South African Generally Accepted Accounting Practice. In accordance with the listing requirements of the JSE, Absa is required to prepare its consolidated financial statements in accordance with International Financial Reporting Standards from the transition date. The transition date is effectively the beginning of the earliest comparative period presented. Absa intends disclosing one year of comparative information in its transition financial results, therefore its date of transition is 1 April 2004.



Barclays PLC acquired a controlling stake in Absa with effect from 27 July 2005. At the Absa Annual General Meeting, held on 19 August 2005, the year-end was changed from 31 March to 31 December with effect from 31 December 2005. This is to facilitate the alignment of the year-end with that of Barclays PLC.



Transitional arrangements

The date of transition to IFRS is 1 April 2004, therefore the balance sheet at 31 March 2004 has been restated on 1 April 2004 to reflect an opening position that is compliant with all existing IFRS statements and interpretations expected to be applicable on 31 December 2005.
24 Oct 2005 07:28:37
(Official Notice)
Absa reported that the continued low interest rates and favourable retail trading environment have resulted in an improvement in the operating performance of the retail operations and a reduction in credit impairment levels of the group. In addition, the strong performance of equity markets has contributed positively to the results of the group. Shareholders are accordingly advised that the growth in headline earnings per share and earnings per share of the group for the six months ended 30 September 2005 versus the comparable period in 2004 is expected to be slightly in excess of twenty percent. The group's results for the six months ended 30 September 2005 will be released on 21 November 2005.
12 Oct 2005 12:37:52
(Media Comment)
The Securities Regulation Panel waived certain take-over rules that will allow Barclays to increase its stake in Absa without making another offering to minorities. Other business units of Barclays such as Barclays Capital and Barclays Global Investors may buy shares in Absa as part of their normal trading, broking and investment strategies provided Barclays' strategic investment in Absa for its own account does not exceed 60%. According to Business Report this will form part of Barclays' strategy to diversify its holdings outside the UK.

04 Oct 2005 12:45:41
(Official Notice)
Absa has successfully issued approximately R2bn senior unsecured bonds with two different maturities under its ZAR15bn listed Domestic Medium Term Note Programme. This is Absa's first listed senior unsecured issue in the capital market.
04 Oct 2005 12:43:53
(Official Notice)
Following the acquisition of a majority interest in Absa by Barclays Bank PLC, Absa's financial year-end has been changed from 31 March to 31 December of each year (the latter being the financial year-end of Absa's holding company). Absa will accordingly produce interim results for the 6 months ended 30 September 2005 and financial results for the 9 months ended 31 December 2005.

22 Sep 2005 15:26:56
(Media Comment)
ABSA in conjunction with Barclays has launched new banking and investment products aimed at the groups` wealthy clients. The goal is to take Barclay`s offshore expertise in international practices and combine it with local products. Business Day noted that the new products would include a current account for South Africans moving to the UK, as well as five-year linked endowment policies invested locally and offshore in sterling.

09 Sep 2005 12:57:56
(Media Comment)
Absa will be South Africa`s first bank to commence business on Sundays from 10am to 2pm at two of its branches. This decision aims to improve safety for customers as well as expanding the bank`s customer base. This service will be extended to other busy business centres should the scheme be successful.
01 Sep 2005 17:10:22
(Official Notice)
Absa has successfully issued a R1.5 billion subordinated callable bond today under its increased R15 billion listed Domestic Medium Term Note Programme.
19 Aug 2005 17:11:25
(Official Notice)
Shareholders are advised that, at the annual general meeting of Absa held on 19 Aug 05, all the resolutions set out in the Notice of Annual General Meeting, were passed by the requisite majority of shareholders present or represented by proxy. The special resolution in respect of the general repurchase of shares will be submitted for registration at the Registrar of Companies in due course.

19 Aug 2005 10:30:34
(Media Comment)
Moody`s has upgraded Absa`s long-term global currency rating and its national scale rating from A1 and Aa2.za to Aa2 and Aaa.za respectively.
17 Aug 2005 09:22:39
(Official Notice)
Shareholders of Absa are referred to the results announcement released by Absa on 25 July 2005, informing shareholders that as at that date Barclays held 54% of the ordinary shares in Absa representing 48.2% of the total voting rights. As at 17 August 05 Barclays has 56.1% ordinary share holding in Absa which, taking into account the voting rights attached to the redeemable cumulative option holding preference shares issued by Absa, affords Barclays voting control of Absa. In terms of Rule 32.2 of the Securities Regulation Code (the `Code`), an offeror who has acquired at least 35% but not more than 50% of the voting right of a company will, in the absence of a waiver of the provisions of these rules by the Securities Regulation Panel (`SRP`), be restricted from obtaining securities carrying more than 5% of the voting rights in such company`s total issued share capital for a period of 12 months as from the date an offer has become or been declared unconditional (the `5% Rule`). In addition, should an offeror so acquire more than 5% of the voting rights in such company`s total issued share capital, Rule 8 of the Code would require a mandatory offer to be made to all shareholders. (the `Mandatory Offer Rule`). Shareholders are advised that Barclays has applied to the SRP for a formal waiver of the 5% Rule and the Mandatory Offer Rule on the basis that Barclays has effective control of Absa and consequently that insistence upon adherence to the 5% Rule and the Mandatory Offer Rule would not be necessary and inappropriate in the circumstances. Shareholders are invited to provide the SRP with written submissions by 17:00 on Friday 19 August 2005 as to why such waiver should not be granted. Written submissions may be faxed to the SRP on fax number +27 11 482 5635. Written submissions may also be delivered by hand to the SRP at Reeva House, 2 Sherborne Road, Parktown, 2193. Shareholders will be advised of the outcome of the application.

11 Aug 2005 10:14:59
(Media Comment)
Absa has pulled out of talks with three small Nigerian banks. A Business Report source at one of the three banks, Fountain Trust, said that Absa requested more time to think about the acquisition.
02 Aug 2005 14:42:11
(Official Notice)
On 1 August 2005 Barclays acquired 14 500 000 ordinary shares in the issued share capital of Absa. Following this acquisition Barclays now has a 56.1% ordinary share holding in Absa which, taking into account the voting rights attaching to the redeemable cumulative option holding preference shares issued by Absa, affords Barclays voting control of Absa.



25 Jul 2005 12:54:37
(Media Comment)
Moody`s Investor Services may consider raising Absa`s long-term credit rating after the deal with Barclays is done, said Business Day on 25 July 05.
25 Jul 2005 09:08:35
(Official Notice)
21 Jul 2005 09:04:16
(Official Notice)
Shareholders are advised that the English version of the companys annual financial statements for the year ended 31 March 2005 will be posted to shareholders on 21 July 2005 and the Afrikaans version on 28 July 2005. These statements contain no modifications to the audited results, which were published on 30 May 2005. Absa`s annual general meeting will be held in the PW Sceales Auditorium, Absa Towers, 160 Main Street, Johannesburg on Friday, 19 August 2005 at 11:45 .
07 Jul 2005 13:23:23
(Official Notice)
Shareholders of Absa are advised that:

*at the meeting held on Monday, 13 June 2005, the requisite majority of Absa Ordinary Shareholders approved the scheme

*the recommended offer was declared unconditional as to acceptances on Monday, 4 July 2005

*the scheme was sanctioned by the High Court of South Africa on Thursday, 7 July 2005

*a copy of the Order of Court sanctioning the scheme will be lodged with the Registrar of Companies for registration, and is expected to be registered by no later than Friday, 8 July 2005.



Further salient dates

*Last day to trade in Absa Ordinary Shares on the JSE in order to be recorded in the Register to be able to receive the scheme consideration Friday, 15 July

*Last day to trade in Absa ordinary shares on the JSE to be eligible to participate in the recommended offer Friday, 15 July

*Absa ordinary shares commence trading `ex` the scheme (Note 3) Monday, 18 July

*Absa Shares commence trading `ex` the recommended offer Monday, 18 July

*Scheme consideration record date Friday, 22 July

*Record date (for purposes of participating in the recommended offer) Friday, 22 July *Closing date of the recommended offer at 12:00 on Friday, 22 July

*Results of the recommended offer released on SENS Monday, 25 July

*Scheme operative date Monday, 25 July

*Scheme consideration settlement date Wednesday, 27 July

06 Jul 2005 17:11:07
(Official Notice)
At the hearing to sanction the scheme between Absa and Barclays held on Wednesday, 6 July 05, at the High Court of South Africa arguments were heard from all parties on an application to intervene in the sanctioning of the Scheme. The Court indicated that it will rule on this matter tomorrow.

05 Jul 2005 15:09:52
(Official Notice)
Shareholders are referred to the joint announcements released on 9 May 2005 and 21 June 2005, the SENS announcement released on 4 July 2005 and the circular to shareholders dated 20 May 2005 (the `Circular`) regarding the Barclays proposed acquisition of up to 60% of the Absa ordinary shares at R82.50 per share (the `Recommended Acquisition`).



Shareholders of Absa are advised that:

*at the meeting held on Monday, 13 June 2005, the requisite majority of Absa shareholders approved the Scheme; and

*the Recommended Offer was declared unconditional as to acceptances on Monday, 4 July 2005.



At the hearing to sanction the Scheme held on 5 July 05 at the High Court, three parties raised opposition to the sanctioning of the Scheme. The Court has postponed the hearing of the matter until 6 July 2005 to allow more time for the preparation of arguments. There has been no argument on the merits of the case. Absa and Barclays remain confident that the Scheme will be sanctioned. At this stage the timetable of the Recommended Acquisition remains unchanged. If there is a change to the timetable it will be announced.
04 Jul 2005 18:05:13
(Official Notice)
Shareholders are referred to the joint announcements released on 9 May 2005 and 21 June 2005 and the circular to shareholders dated 20 May 2005 regarding Barclays proposed acquisition of up to 60% of the Absa ordinary shares at R82.50 per share (the `Recommended Acquisition`). Shareholders are reminded that the Recommended Acquisition is being effected through two inter-conditional processes:

*the scheme of arrangement proposed by Barclays between Absa and the Absa Ordinary Shareholders, excluding the Absa Group Ltd Share Incentive Scheme Trust and the Barclays Group (save to the extent that members of that group may hold Absa Ordinary Shares on behalf of third parties), pursuant to which Barclays will acquire 32% of each such Ordinary Shareholder`s shares (the `Scheme`); and

*the partial offer by Barclays to all Absa Ordinary Shareholders and Preference Shareholders (together `Shareholders`) to acquire from each such Shareholder an additional 28% of his or her shares (the `Recommended Offer`).



Waive down and fulfilment of condition and Recommended Offer declared unconditional as to acceptances

At present Barclays holds shares and has received tenders which, when aggregated with shares to be acquired pursuant to the Scheme, would amount to 52.2% of all Absa Ordinary Shares. In preparation for the High Court of South Africa (Witwatersrand Local Division) hearing to sanction the Scheme to be held on Tuesday, 5 July 2005, Barclays has waived down the minimum acceptance level condition to a lower percentage level (of all Absa Ordinary Shares) namely, 50.1% which has the effect of fulfilling the minimum acceptance level condition. Accordingly Barclays declares the Recommended Offer unconditional as to acceptances.
27 Jun 2005 11:35:14
(Media Comment)
Commenting on the 56.5% that Barclays needed for a controlling stake in Absa Neville Chester, banking analyst at Coronation Fund Managers, told Business Day that Barclays would probably not reach the required shareholding before 5 July 05 which is the date that the court expects to sanction the deal.
23 Jun 2005 12:04:29
(Official Notice)
21 Jun 2005 11:57:19
(Official Notice)
13 Jun 2005 17:07:55
(Official Notice)
13 Jun 2005 10:17:03
(Media Comment)
Barclays may not achieve the 60% required to get majority control of Absa. Chris Steward, portfolio manager of Investec Asset Management, told Business Day that although the group would agree to sell 32% of its shareholding, it would not put up for sale any additional shares. Analysts are of the opinion that shareholders may also not be willing to part with more than the necessary 32% to Barclays.
28-Jun-2018
(X)
Absa Group is a diversified financial services provider offering an integrated set of products and services across personal and business banking, credit cards, corporate and investment banking, wealth and investment management and insurance. With its long-standing presence in 12 African markets and its regional and global expertise, the Group a strong platform to capture the growth opportunity in Africa.


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