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SBK - Standard Bank Seals Strategic Partnership With Troika Dialog

Release Date: 28/09/2009 07:05
Code(s): SBK
Wrap Text

SBK - Standard Bank Seals Strategic Partnership With Troika Dialog Standard Bank Group Limited (Incorporated in the Republic of South Africa) (Registration number 1969/017128/06) JSE share code: SBK NSX share code: SNB ISIN: ZAE000109815 ("Standard Bank") STANDARD BANK SEALS STRATEGIC PARTNERSHIP WITH TROIKA DIALOG Further to the announcement dated 6 March 2009, regarding the strategic partnership with Troika Dialog Group Limited, the leading independent Russian investment bank ("Troika Dialog"), shareholders are advised that all conditions precedent to the transaction whereby Standard Bank will acquire 33.33% of Troika Dialog have been fulfilled. The transaction was implemented on 25 September 2009 and ownership of Standard Bank`s Russian subsidiary, ZAO Standard Bank, was transferred to Troika Dialog on this date. Johannesburg 28 September 2009 Investment Bank and Sponsor Standard Bank Independent Sponsor Deutsche Securities (Pty) Ltd Date: 28/09/2009 07:05:02 Supplied by www.sharenet.co.za 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.

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