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STANDARD BANK GROUP LIMITED - Directors dealings in securities

Release Date: 17/11/2017 14:00
Code(s): SBK     PDF:  
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Directors 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”)

Dealings in securities by Directors and Associate of a Director

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:


Associate of Director:              Ms. S Brugman
Director:                           Dr. A Daehnke
Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2017-11-13

     Nature of Transaction:         Exercise of 57 500 Participation Rights awarded
                                    in the Standard Bank Equity Growth Scheme on
                                    2008-03-06:

                                    Award Price = R92.00
                                    Exercise Price = R168.00
                                    Gain = R76.00 per right. After subtracting tax,
                                    this resulted in a delivery of 21,595 Standard
                                    Bank Group ordinary shares.

     Nature of Interest:            Direct beneficial


2.   Date of Transaction:           2017-11-13

     Nature of Transaction:         Exercise of 33 000 Participation Rights awarded
                                    in the Standard Bank Equity Growth Scheme on
                                    2009-03-06:

                                    Award Price = R62.39
                                    Exercise Price = R168.00
                                    Gain = R105.61 per right. After subtracting
                                    tax, this resulted in a delivery of 15,897
                                    Standard Bank Group ordinary shares.

     Nature of Interest:            Direct beneficial


3.   Date of Transaction:           2017-11-13

     Nature of Transaction:         Exercise of 25 000 Participation Rights awarded
                                    in the Standard Bank Equity Growth Scheme on
                                    2010-03-05:

                                    Award Price = R111.94
                                    Exercise Price = R168.00
                              Gain = R56.06 per right. After subtracting tax,
                              this resulted in a delivery of 6,892 Standard
                              Bank Group ordinary shares.

     Nature of Interest:      Direct beneficial


4.   Date of Transaction:     2017-11-13

     Nature of Transaction:   Exercise of 27 343 Participation Rights awarded
                              in the Standard Bank Equity Growth Scheme on
                              2011-03-04:

                              Award Price = R98.80
                              Exercise Price = R168.00
                              Gain = R69.20 per right. After subtracting tax,
                              this resulted in a delivery of 9,022 Standard
                              Bank Group ordinary shares.

     Nature of Interest:      Direct beneficial


5.   Date of Transaction:     2017-11-13

     Nature of Transaction:   Resulting from the transactions disclosed in
                              paragraphs 1 to 4 above, Ms. Brugman sold the
                              53,406 Standard Bank Group ordinary shares at a
                              price of R167.40 per share.

     Value of Transaction:    R8,940,164.40

     Nature of Interest:      Direct beneficial


Director:                     Mr. SK Tshabalala
Name of company:              Standard Bank Group Limited

6.   Date of Transaction:     2017-11-16

     Nature of Transaction:   Exercise of 125 000 Participation Rights
                              awarded in the Standard Bank Equity Growth
                              Scheme on 2010-03-05:

                              Award Price = R111.94
                              Exercise Price = R162.79
                              Gain = R50.85 per right. After subtracting tax,
                              this resulted in a delivery of 31,555 Standard
                              Bank Group ordinary shares.

     Nature of Interest:      Direct beneficial


7.   Date of Transaction:     2017-11-16
      Nature of Transaction:   Exercise of 228 203 Participation Rights
                               awarded in the Standard Bank Equity Growth
                               Scheme on 2012-03-08:

                               Award Price = R108.90
                               Exercise Price = R162.79
                               Gain = R53.89 per right. After subtracting tax,
                               this resulted in a delivery of 58,197 Standard
                               Bank Group ordinary shares.

      Nature of Interest:      Direct beneficial


8.    Date of Transaction:     2017-11-16

      Nature of Transaction:   Exercise of 11 790 Participation Rights awarded
                               in the Standard Bank Equity Growth Scheme on
                               2013-03-07:

                               Award Price = R115.51
                               Exercise Price = R162.79
                               Gain = R47.28 per right. After subtracting tax,
                               this resulted in a delivery of 3,232 Standard
                               Bank Group ordinary shares.

      Nature of Interest:      Direct beneficial


9.    Date of Transaction:     2017-11-16

      Nature of Transaction:   Resulting from the transactions disclosed in
                               paragraphs 6 to 8 above, Mr. Tshabalala sold
                               the 92,984 Standard Bank Group ordinary shares
                               at a price of R163.69 per share.

      Value of Transaction:    R15,220,550.96

      Nature of Interest:      Direct beneficial


Director:                      Mr. BJ Kruger
Name of company:               Standard Bank Group Limited

10.   Date of Transaction:     2017-11-16

      Nature of Transaction:   Exercise of 210 880 Participation Rights
                               awarded in the Standard Bank Equity Growth
                               Scheme on 2014-03-06:

                               Award Price = R126.87
                               Exercise Price = R162.79
                               Gain = R35.92 per right. After subtracting tax,
                               this resulted in a delivery of 37,604 Standard
                               Bank Group ordinary shares.

      Nature of Interest:      Direct beneficial
11.   Date of Transaction:          2017-11-16

      Nature of Transaction:       Resulting from the transaction disclosed in
                                   paragraph 10 above, Mr. Kruger sold the 37,604
                                   Standard Bank Group ordinary shares at a price
                                   of R164.14 per share.

      Value of Transaction:         R6,172,320.56

      Nature of Interest:           Direct beneficial




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

17 November 2017

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 17/11/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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