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STANDARD BANK GROUP LIMITED - Directors' dealings in securities

Release Date: 09/10/2013 14:53
Code(s): SBK     PDF:  
Wrap Text
Directors' dealings in securities

STANDARD BANK GROUP LIMITED
Incorporated in the Republic of South Africa
Registration number 1969/017128/06
JSE Share code: SBK
Namibian Share Code: SNB
ISIN: ZAE000109815
(“Standard Bank Group”)
DIRECTOR’S DEALINGS IN SECURITIES
In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:

Non-Executive Director:             Mr. DDB Band

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2013-10-07

      Number of securities:         7 000

      Class of securities:          Preference shares

     Nature of Transaction:         Disposal of 7 000 Standard Bank Group
                                    preference shares at an average price of
                                    R87.7607 per share.

      Value of Transaction:         R614 325

      Nature of Interest:           Direct beneficial


Director:                           Mr. SK Tshabalala

Name of company:                    Standard Bank Group Limited

2.   Date of Transaction:           2013-10-08

      Number of securities:         15 900

      Class of securities:          Ordinary shares

     Nature of Transaction:         Purchase of 15 900 Standard Bank Group ordinary
                                    shares at an average price of R121.7312 per
                                    share.

      Value of Transaction:         R1 935 526.29

      Nature of Interest:           Direct beneficial


Volume weighted average price for preference shares on 2013-10-07       R87.74443
High for the day on 2013-10-07                                          R87.80
Low for the day on 2013-10-07                                           R87.55

Volume weighted average price for ordinary shares on 2013-10-08         R121.3967
High for the day on 2013-10-08                                          R122.88
Low for the day on 2013-10-08                                           R120.75
The above transactions were done on market and clearance to deal was provided.

Johannesburg
9 October 2013



Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

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