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STANDARD BANK GROUP LIMITED - Directors And Officers Dealings In Securities

Release Date: 04/04/2017 16:15
Code(s): SBK     PDF:  
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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. BJ Kruger

Name of company:              Standard Bank Group Limited

1.   Date of Transaction:     2017-03-31

     Nature of Transaction:   Automatic vesting and exercise of 67 344 units
                              in the Standard Bank Performance Reward Plan
                              awarded on 2014-03-06. After subtracting
                              employees’ tax, this resulted in the delivery
                              of 37 040 Standard Bank Group ordinary shares.
     Number of shares:        37 040
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R153.70
     Value of Transaction:    R5 693 048.00
     Nature of Interest:      Direct beneficial


Director:                     Mr. SK Tshabalala

Name of company:              Standard Bank Group Limited

2.   Date of Transaction:     2017-03-31

     Nature of Transaction:   Automatic vesting and exercise of 67 344 units
                              in the Standard Bank Performance Reward Plan
                              awarded on 2014-03-06. After subtracting
                              employees’ tax, this resulted in the delivery
                              of 37 040 Standard Bank Group ordinary shares.
     Number of shares:        37 040
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R153.70
     Value of Transaction:    R5 693 048.00
     Nature of Interest:      Direct beneficial


Director:                     Dr. A Daehnke

Name of company:              Standard Bank Group Limited

3.   Date of Transaction:     2017-03-31

     Nature of Transaction:   Automatic vesting and exercise of 32 339 units
                              in the Standard Bank Performance Reward Plan
                              awarded on 2014-03-06. After subtracting
                              employees’ tax, this resulted in the delivery
                              of 17 787 Standard Bank Group ordinary shares.
     Number of shares:        17 787
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R153.70
     Value of Transaction:    R2 733 861.90
     Nature of Interest:      Direct beneficial


Group Secretary:              Ms. Z Stephen

Name of company:              Standard Bank Group Limited

4.   Date of Transaction:     2017-03-31

     Nature of Transaction:   Automatic vesting and exercise of 16 136 units
                              in the Standard Bank Performance Reward Plan
                              awarded on 2014-03-06. After subtracting
                              employees’ tax, this resulted in the delivery
                              of 8 875 Standard Bank Group ordinary shares.
     Number of shares:        8 875
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R153.70
     Value of Transaction:    R1 364 087.50
     Nature of Interest:      Direct beneficial


Director:                     Mr. RMW Dunne

Name of company:              Standard Bank Group Limited

5.   Date of Transaction:     2017-03-30
     Number of securities:    2 000
     Share Price:             R153.20
     Class of securities:     Ordinary shares
     Nature of Transaction:   Disposal of 2 000 Standard Bank Group ordinary
                              shares
     Value of Transaction:    R306 400.00
     Nature of Interest:      Direct beneficial

6.   Date of Transaction:     2017-03-30
     Number of securities:    2 000
     Share Price:             R153.35
     Class of securities:     Ordinary shares
     Nature of Transaction:   Disposal of 2 000 Standard Bank Group ordinary
                              shares
     Value of Transaction:    R306 700.00
     Nature of Interest:      Direct beneficial

7.   Date of Transaction:     2017-03-30
     Number of securities:    2 000
     Share Price:             R153.60
     Class of securities:     Ordinary shares
     Nature of Transaction:   Disposal of 2 000 Standard Bank Group ordinary
                              shares
     Value of Transaction:    R307 200.00
     Nature of Interest:      Direct beneficial


Associates of Directors:


Name of Associate:             Ms. S Brugman

Director:                      Dr. A Daehnke

Name of company:               Standard Bank Group Limited

8.    Date of Transaction:     2017-03-31

      Nature of Transaction:   Automatic vesting and exercise of 32 340 units
                               in the Standard Bank Performance Reward Plan
                               awarded on 2014-03-06. After subtracting
                               employees’ tax, this resulted in the delivery
                               of 17 787 Standard Bank Group ordinary shares.
      Number of shares:        17 787
      Class of securities:     Standard Bank Group ordinary shares
      Share Price:             R153.70
      Value of Transaction:    R2 733 861.90
      Nature of Interest:      Direct beneficial


Name of Associate:             Mrs. ML Dunne

Director:                      Mr. RMW Dunne

Name of company:               Standard Bank Group Limited

9.    Date of Transaction:     2017-03-30
      Number of securities:    1 082
      Share Price:             R153.20
      Class of securities:     Ordinary shares
      Nature of Transaction:   Disposal of 1 082 Standard Bank Group ordinary
                               shares
      Value of Transaction:    R165 762.40
      Nature of Interest:      Direct beneficial

10.   Date of Transaction:     2017-03-30
      Number of securities:    2 000
      Share Price:             R153.25
      Class of securities:     Ordinary shares
      Nature of Transaction:   Disposal of 2 000 Standard Bank Group ordinary
                               shares
      Value of Transaction:    R306 500.00
      Nature of Interest:      Direct beneficial

11.   Date of Transaction:     2017-03-30
      Number of securities:    2 918
      Share Price:             R153.34
      Class of securities:     Ordinary shares
      Nature of Transaction:   Disposal of 2 918 Standard Bank Group ordinary
                               shares
      Value of Transaction:    R447 446.12
      Nature of Interest:      Direct beneficial

12.   Date of Transaction:     2017-03-30
      Number of securities:    4 000
      Share Price:             R153.35
      Class of securities:     Ordinary shares
      Nature of Transaction:   Disposal of 4 000 Standard Bank Group ordinary
                               shares
      Value of Transaction:    R613 400.00
      Nature of Interest:      Direct beneficial

13.   Date of Transaction:     2017-03-30
      Number of securities:    4 000
      Share Price:             R153.60
      Class of securities:     Ordinary shares
      Nature of Transaction:   Disposal of 4 000 Standard Bank Group ordinary
                               shares
      Value of Transaction:    R614 400.00
      Nature of Interest:      Direct beneficial


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


Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

04 April 2017

Date: 04/04/2017 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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