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NEDBANK GROUP LIMITED - Dealing in securities by executive director

Release Date: 10/04/2014 16:14
Code(s): NED     PDF:  
Wrap Text
Dealing in securities by executive director

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 EXECUTIVE DIRECTOR

In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the below
information is disclosed in respect of the dealing in Nedbank Group shares by the Chief
Executive.

Further to the:

   -   grant of 62 200 restricted shares on 6 March 2014, all of which are subject to
       performance conditions (refer SENS announcement dated 7 March 2014);
   -   the vesting of 43 428 of the 46 714 restricted shares granted in 2011 (refer SENS
       announcement dated 12 March 2014);
   -   the vesting of 14 817 shares in respect of the 2011 Matched Share Scheme on 1 April
       2014 (refer SENS announcement dated 3 April 2014)

the following dealing in shares was effected on 9 April 2014:

Name:                                      MWT Brown
Designation:                               Chief Executive
Date of transaction:                       9 April 2014
Number of shares:                          43 428
Price per share:                           R220.00
Total value:                               R9 554 160
Nature of trade:                           Sale of shares on the open market
Extent of interest:                        Indirect beneficial

The 14 817 shares issued on 1 April 2014 on the vesting of the 2011 Matched Share Scheme
have been retained by Mr MWT Brown.

Following these transactions, Mr MWT Brown has a beneficial direct interest in 55 049
Nedbank Group shares (December 2013: 55 049) and a beneficial indirect interest in 334 552
Nedbank Group shares (December 2013: 288 108).
The required prior written clearance for dealing in these shares has been obtained.


Sandton
10 April 2014

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: 10/04/2014 04:14:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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