To view the PDF file, sign up for a MySharenet subscription.

STANDARD BANK GROUP LIMITED - Director's dealing in securities

Release Date: 09/03/2015 16:45
Code(s): SBK     PDF:  
Wrap Text
Director's dealing 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:

Director:                           Mr. S K Tshabalala

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2015-03-05

Nature of Transaction:              Exercise of 50 000 Participation Rights awarded
                                    in the Standard Bank Group Equity Growth Scheme
                                    on 2005-03-10, which resulted in delivery of
                                    22 311 Standard Bank Group ordinary shares:

                                    Award Price = R65.60
                                    Exercise Price = R148.90
                                    Gain = R83.30 per right. After subtracting
                                    employees tax, this resulted in delivery of 22
                                    311 shares.

     Value of transaction:          R4 165 000 (50 000 x R83.30)

     Nature of Interest:            Direct beneficial


2.   Date of Transaction:           2015-03-05

     Nature of Transaction:         Resulting from the transaction disclosed in
                                    paragraph 1 above, Mr. Tshabalala has taken
                                    delivery of the 22 311 ordinary Shares at a
                                    price of R148.90 per share.

     Value of Transaction:          R3 322 107.90

     Nature of Interest:            Direct beneficial



The above transaction was done off market and clearance to deal was provided.

Johannesburg
9 March 2015

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 09/03/2015 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story