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BARCLAYS AFRICA GROUP LIMITED - Dealings in securities on behalf of Barclays Africa Group Employee Incentive Trust

Release Date: 23/03/2016 14:35
Code(s): BGA     PDF:  
Wrap Text
Dealings in securities on behalf of Barclays Africa Group Employee Incentive Trust

BARCLAYS AFRICA GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1986/003934/06)
Share Code: BGA
ISIN: ZAE000174124
(Barclays Africa Group)

DEALINGS IN SECURITIES ON BEHALF OF BARCLAYS AFRICA GROUP EMPLOYEE
INCENTIVE TRUST

In accordance with paragraph 3.92 of the JSE Listings Requirements, shareholders are advised
that the following ordinary shares have been sold on the open market to settle the tax-withholding
obligations of the Barclays Africa Group Employee Incentive Trust (“Trust”) arising out of the
delivery of shares to participants of the remaining portion of the tranche of the Share Value Plan
(SVP) that vested on 4 March 2016. Shares were sold by the scheme in order to meet the tax
withholding obligation in the course of delivering Shares to participants under the SVP.

Date of transaction:       18 March 2016
Number of shares sold:     33 267 Barclays Africa Group ordinary shares
Sale price:                14 742.14 cents per share
Total value:               R4 904 267.71
Nature of transaction:     On-market sale of shares to cover the tax withholding obligations of
                           the Trust.



Clearance has been obtained by the Trust for these transactions.

Johannesburg
23 March 2016


Enquiries:
Nadine Drutman – Group Company Secretary
(+2711) 350-5347
E-mail: Nadine.Drutman@barclaysafrica.com

Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor:
Corporate and Investment Bank, a division of Absa Bank Limited

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