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

STANDARD BANK GROUP LIMITED - Dealings in securities by Director

Release Date: 04/12/2017 17:20
Code(s): SBK     PDF:  
Wrap Text
Dealings in securities by Director

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 Director


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

Director:                            Dr. A Daehnke
Name of company:                     Standard Bank Group Limited

1.   Date of Transaction:            2017-11-30
     Nature of Transaction:          Exercise of 35 000 Participation Rights awarded
                                     in the Standard Bank Equity Growth Scheme on
                                     2008-03-06:
                                     Award Price = R92.00
                                     Exercise Price = R173.17
                                     Gain = R81.17 per right. After subtracting tax,
                                     this resulted in a delivery of 13,750 Standard
                                     Bank Group ordinary shares.
     Nature of Interest:             Direct beneficial

2.   Date of Transaction:            2017-11-30
     Nature of Transaction:          Resulting from the transaction disclosed in
                                     paragraph 1 above, Dr. Daehnke has taken
                                     delivery of the 13,750 ordinary Shares at a
                                     price of R173.17 per share.
     Value of Transaction:           R2 381 087.50
     Nature of Interest:             Direct beneficial

The above transactions were done off 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 December 2017

Date: 04/12/2017 05:20:00 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