Dealing in Securities by a Director
Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
JSE share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
NSX share code: SNB ZAE000109815
Dealings in securities by a director
Director: Mr. SK Tshabalala
Name of company: Standard Bank Group Limited
1. Date of Transactions: 2014-11-03 to 2015-02-12
Nature of Transaction: Disposal of 279 525 Standard Bank Group
ordinary shares in order to settle
employees' tax and associated funding and
transaction costs arising on the lifting
of the final restrictions imposed in terms
of the Standard Bank Group black economic
empowerment initiative (“Tutuwa”), by
means of participation in a volume
weighted average price bulk sale
transaction, at an average price of
R143.20 per share.
The sales in question were executed under
a transaction made available to all the
beneficiaries of the Tutuwa Managers’
Trusts, in which Mr Tshabalala elected to
participate prior to 2014-10-31 and in
terms of which, once such election was
made, Mr Tshabalala had no discretion as
to price or volumes of shares sold. The
shares were sold on the open market.
Value of Transactions: R40 027 980.00
Nature of Interest: Indirect beneficial
Pre-approval obtained Yes
Director: Adv. KD Moroka
Name of company: Standard Bank Group Limited
1. Date of Transactions: 2014-11-03 to 2015-02-12
Nature of Transaction: Disposal of 44 476 Standard Bank Group
ordinary shares in order to settle
employees' tax and associated funding and
transaction costs arising on the lifting
of the final restrictions imposed in terms
of the Standard Bank Group black economic
empowerment initiative (“Tutuwa”), by
means of participation in a volume
weighted average price bulk sale
transaction, at an average price of
R143.20 per share.
The sales in question were executed under
a transaction made available to all the
beneficiaries of the Tutuwa Managers’
Trusts, in which Adv. Moroka elected to
participate prior to 2014-10-31 and in
terms of which, once such election was
made, Adv. Moroka had no discretion as to
price or volumes of shares sold. The
shares were sold on the open market.
Value of Transactions: R6 368 963.20
Nature of Interest: Indirect beneficial
Pre-approval obtained Yes
Johannesburg
16 February 2015
Investment Bank and Sponsor
Standard Bank
Independent sponsor
Deutsche Securities (SA) (Pty) Ltd
Date: 16/02/2015 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.