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NED - Nedbank Group Limited - Dealing in Securities by Aka-Nedbank Eyethu Trust

Release Date: 15/04/2011 15:32
Code(s): NED
Wrap Text

NED - Nedbank Group Limited - Dealing in Securities by Aka-Nedbank Eyethu Trust NEDBANK GROUP LIMITED (Incorporated in the Republic of South Africa) Registration number: 1966/010630/06 JSE share code: NED NSX share code: NBK ISIN: ZAE000004875 ("Nedbank Group") DEALING IN SECURITIES BY AKA-NEDBANK EYETHU TRUST In terms of paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE Limited, the following information is disclosed in respect of the dealing in Nedbank Group ordinary shares by the Aka-Nedbank Eyethu Trust, of which Aka Capital (Pty) Limited is the sole beneficiary. Dr Khoza, non-executive Chairman of Nedbank Group, has an indirect beneficial interest in the Aka-Nedbank Eyethu Trust as he is a director and 27% shareholder of Aka Capital (Pty) Limited: Name: Aka-Nedbank Eyethu Trust Date of the transaction: 13 April 2011 Price per share: R143,54 Number of securities: 150 000 Total value: R21 531 555,00 Nature of transaction: Sale Nature of trade: On market Name: Aka-Nedbank Eyethu Trust Date of the transaction: 14 April 2011 Price per share: R141,29 Number of securities: 459 562 Total value: R64 931 836,67 Nature of transaction: Sale Nature of trade: On market Prior to these transactions the Aka-Nedbank Eyethu Trust held 0,4% of the issued ordinary shares in Nedbank Group in terms of the Eyethu BEE transaction approved by shareholders at the general meeting on 22 July 2005. The required prior written clearance for the dealing in shares has been obtained. Sandton 15 April 2011 Sponsors to Nedbank Group in South Africa: Merrill Lynch South Africa (Pty) Limited Nedbank Capital Sponsor to Nedbank Group in Namibia: Old Mutual Investment Services (Namibia) (Pty) Limited Date: 15/04/2011 15:32:07 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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