Sharenet Sites 
Sharenet Sites
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')
DEALINGS IN SECURITIES BY DIRECTORS
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 vesting of Nedbank Group
ordinary shares to two executive directors and a non-executive director (who was
Chief Executive at the time of the grant in 2009) of Nedbank Group and Nedbank
Limited.
These shares have vested in terms of the Nedbank Group (2005) Share Option,
Matched Share and Restricted Share Scheme. The allocation of these shares on 11
August 2009 was based on retention and performance criteria, and the vesting of these
shares on 13 August 2012 was subject to time-based criteria.
In addition, as disclosed in the SENS announcement on 11 August 2009, the shares
issued to Mr Boardman were conditional on him not engaging with competing
financial institutions between the period of his scheduled retirement as Chief
Executive of Nedbank Group in February 2010 and the vesting date of these shares.
The restricted shares are fully taxable and subject to the deduction of PAYE at the
time of vesting.
Name: MWT Brown
Capacity: Chief Executive
Date of transaction (vesting date): 13 August 2012
Issue price per share: R108.45
Number of securities: 73 766
Total value: R7 999 922.70
Nature of transaction: Vesting of restricted shares in terms of
participation in the Nedbank Group
(2005) Share Option, Matched Share and
Restricted Share Scheme
Inception date: 11 August 2009
Vesting date: 13 August 2012
Nature of trade: Off market
Extent of interest: Indirect beneficial
Name: MWT Brown
Capacity: Chief Executive
Date of transaction: 14 August 2012
Price per share: R185.0673
Number of securities: 73 766
Total value: R13 651 674.45
Nature of transaction: Sale of shares
Nature of trade: On market
Extent of interest: Indirect beneficial
In addition, the following adjustments have been included in Mr Brown's
shareholding:
as announced on 13 April 2010, 4 351 shares were committed by Mr
Brown to the Matched Share Scheme. These shares were acquired on
the open market on behalf of Mr Brown and not allocated from Mr
Brown's existing shareholding as stated in the aforementioned
announcement; and
on 12 April 2010, an election to receive capitalisation award shares
was made on Mr Brown's share accounts and the following
information is now disclosed in this regard:
Number of shares: 372
Price per share: R127.66
Total value: R47 489.52
Nature of transaction: Capitalisation award (off market)
Extent of interest: Indirect beneficial
---
Name: GW Dempster
Capacity: Chief Operating Officer
Date of transaction (vesting date): 13 August 2012
Issue price per share: R108.45
Number of securities: 27 662
Total value: R2 999 943.90
Nature of transaction: Vesting of restricted shares in terms of
participation in the Nedbank Group
(2005) Share Option, Matched Share and
Restricted Share Scheme
Inception date: 11 August 2009
Vesting date: 13 August 2012
Nature of trade: Off market
Extent of interest: Indirect beneficial
Name: GW Dempster
Capacity: Chief Operating Officer
Date of transaction: 14 August 2012
Price per share: R185.0673
Number of securities: 27 662
Total value: R5 119 331.65
Nature of transaction: Sale of shares
Nature of trade: On market
Extent of interest: Indirect beneficial
---
Name: TA Boardman
Capacity: Non-executive director
Date of transaction (vesting date): 13 August 2012
Issue price per share: R108.45
Number of securities: 92 208
Total value: R9 999 957.60
Nature of transaction: Vesting of restricted shares in terms of
participation in the Nedbank Group
(2005) Share Option, Matched Share and
Restricted Share Scheme
Inception date: 11 August 2009
Vesting date: 13 August 2012
Nature of trade: Off market
Extent of interest: Indirect beneficial
The required prior written clearance for the above transactions has been obtained.
Sandton
15 August 2012
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) Ltd
Date: 15/08/2012 03:23:00 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.
