STANDARD BANK GROUP LIMITED - Dealing in securities by an associate of a director

Dealing in securities by an associate of a director

STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
JSE Share code: SBK ISIN: ZAE000109815
Namibian Share Code: SNB ZAE000109815
A2X share code: SBK

Website: (www.standardbank.com)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited (“JSE”), the following information is disclosed:


Associate of Director:              Mrs S M Maree
Director:                           Mr J H Maree
Name of company:                    Standard Bank Group Limited
Date of Transaction:                2021-02-02
Nature of transaction:              Disposal of 3,034 Standard Bank Group
                                    Limited non-redeemable, non-cumulative, non-
                                    participating, variable rate preference shares
                                    shares at a price of R67.40 per share
Value of transaction:               R204 491.60
Nature of interest:                 Indirect beneficial

The above transaction was done on market but was not announced within the required
timelines as prescribed in the Listings Requirements of the JSE caused by an oversight
on the part of the director who was aware of the full discretionary mandate exercised
by a portfolio manager who had been instructed by the associate to restructure her
portfolio as the portfolio manager saw fit. The restructure resulted in a sale of
shares in several unrelated issuers in the associate’s portfolio but included the
disposal of SBK preference shares outlined above.

6 July 2021

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
JP Morgan Equities South Africa Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 06-07-2021 04:00:00
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