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STANDARD BANK GROUP LIMITED - Directors and Officers Dealings in Securities

Release Date: 25/04/2014 13:15
Code(s): SBK     PDF:  
Wrap Text
Directors and Officers’ 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”)
Directors and Officers’ 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:

Director:                           Mr. B J Kruger

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2014-04-23 and 2014-04-24

     Nature of Transaction:        Automatic delivery and disposal of 7 743
                                   Standard Bank Group ordinary shares to settle
                                   employees’ tax on vesting of rights granted in
                                   terms of the Standard Bank Group Equity Growth
                                   Scheme at an average price of R139.05 per
                                   share.

     Value of Transaction:          R1 076 664.15

     Nature of Interest:            Direct beneficial


Director:                           Mr. S K Tshabalala

Name of company:                    Standard Bank Group Limited

2.   Date of Transaction:           2014-04-23 and 2014-04-24

     Nature of Transaction:        Automatic delivery and disposal of 11 089
                                   Standard Bank Group ordinary shares to settle
                                   employees’ tax on vesting of rights granted in
                                   terms of the Standard Bank Group Equity Growth
                                   Scheme at an average price of R138.57 per
                                   share.

     Value of Transaction:          R1 536 602.73

     Nature of Interest:            Direct beneficial


Director:                           Mr. S P Ridley

Name of company:                    Standard Bank Group Limited

3.   Date of Transaction:           2014-04-23 and 2014-04-24

     Nature of Transaction:        Automatic delivery and disposal of 4 949
                                   Standard Bank Group ordinary shares to settle
                                   employees’ tax on vesting of rights granted in
                                   terms of the Standard Bank Group Equity Growth
                                   Scheme at an average price of R138.63 per
                                   share.

     Value of Transaction:          R686 079.87

     Nature of Interest:            Direct beneficial


Group Secretary:                    Ms. Z Stephen

Name of company:                    Standard Bank Group Limited

4.   Date of Transaction:           2014-04-23

     Nature of Transaction:        Automatic delivery of 4 239 Standard Bank Group
                                   ordinary shares to settle the vesting of units
                                   granted in terms of The Standard Bank Group
                                   Deferred Bonus Scheme 2012 at a price of
                                   R124.55 per share.

     Value of Transaction:          R527 967.45

     Nature of Interest:            Direct beneficial


5.   Date of Transaction:           2014-04-23

     Nature of Transaction:        Automatic disposal of 1 516 Standard Bank Group
                                   ordinary shares to settle employees’ tax on
                                   vesting of units granted in terms of The
                                   Standard Bank Group Deferred Bonus Scheme 2012
                                   at an average price of R139.33 per share.

     Value of Transaction:          R211 224.28

     Nature of Interest:            Direct beneficial


The above transactions were done on market and clearance to deal was provided.

Volume weighted average price for ordinary shares on 2014-04-23         R138.54
High for the day on 2014-04-23                                          R140.89
Low for the day on 2014-04-23                                           R138.30

Volume weighted average price for ordinary shares on 2014-04-24         R138.16
High for the day on 2014-04-24                                          R140.26
Low for the day on 2014-04-24                                           R137.37


25 April 2014

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited
Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 25/04/2014 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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