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ABSA GROUP LIMITED - Completion of closing relating to the strategic combination of Barclays African Operations with Absa Group

Release Date: 31/07/2013 13:00
Code(s): ASA     PDF:  
Wrap Text
Completion of closing relating to the strategic combination of Barclays’ African Operations with Absa Group

ABSA GROUP LIMITED

(Incorporated in the Republic of South Africa)

(Registration number: 1986/003934/06)

ISIN: ZAE000067237

JSE share code: ASA

Issuer code: AMAGB

(“Absa Group”)



COMPLETION OF CLOSING RELATING TO THE STRATEGIC COMBINATION OF
BARCLAYS’ AFRICAN OPERATIONS WITH ABSA GROUP

All defined terms, unless otherwise stated herein, bear the same meaning as set out in the
circular to shareholders dated 14 December 2012 (“Circular”).



COMPLETION OF CLOSING

Shareholders are referred to the finalisation announcement released on 22 July 2013 and
the Circular in relation to the strategic combination of the Barclays’ African operations with
Absa Group and the proposed change of name of “Absa Group Limited” to “Barclays Africa
Group Limited”.

Shareholders are advised that the strategic combination of Barclays’ African businesses with
Absa Group has closed. Today, Absa Group has acquired the entire issued share capital of
Barclays Africa Limited and has issued 129,540,636 Consideration Shares to Barclays Africa
Group Holdings Limited (a wholly owned subsidiary of Barclays). The Consideration Shares
were listed on the JSE from the commencement of trading today.

The name change from “Absa Group Limited” to “Barclays Africa Group Limited” will proceed
as announced on 22 July 2013, and will become effective 2 August 2013.



Johannesburg

31 July 2013



Independent lead sponsor to Absa Group

J.P. Morgan Equities South Africa Proprietary Limited



Joint sponsor to Absa Group

Absa Corporate and Investment Banking, a division of Absa Bank Limited

Date: 31/07/2013 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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