NEDBANK GROUP LIMITED - Voluntary Announcement by Nedbank Group Regarding Banco nico in Mozambique

Voluntary Announcement by Nedbank Group Regarding Banco Único in Mozambique

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”)
 

VOLUNTARY ANNOUNCEMENT BY NEDBANK GROUP REGARDING BANCO
ÚNICO IN MOZAMBIQUE

Nedbank today announced that the acquisition of a 36,4% stake in Banco Único had
been completed. All the conditions precedent have now been fulfilled.


Mike Brown, CE of Nedbank Group, noted: “The acquisition of this stake in Banco
Único, with the right to a majority shareholding over time, will contribute to the
strengthening of the group’s position in the Southern African Development
Community and East Africa in line with our vision to be Africa's most admired bank.”




Sandton
12 June 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

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