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

Release Date: 18/04/2011 14:18
Code(s): NED
Wrap Text

NED - Nedbank Group - 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: 15 April 2011 Price per share: R138,51 Number of securities: 200 000 Total value: R27 702 080,00 Nature of transaction: Sale Nature of trade: On market Prior to the above sale and the sales effected on 13 and 14 April 2011 that were referred to in the SENS announcement published on 15 April 2011, 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. Following this transaction, the Aka-Nedbank Eyethu Trust no longer holds any Nedbank Group Limited shares. The required prior written clearance for the dealing in shares has been obtained. Sandton 18 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: 18/04/2011 14:18:02 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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