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STANDARD BANK GROUP LIMITED - Dealings In Securities By Director

Release Date: 17/04/2018 17:15
Code(s): SBK     PDF:  
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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:                            Mr. B J Kruger

Name of company:                     Standard Bank Group Limited

1.   Date of Transaction:            2018-04-13

     Nature of Transaction:          Exercise of 25,000 Participation Rights awarded
                                     in the Standard Bank Equity Growth Scheme on
                                     2011-03-04:

                                     Award Price = R98.80
                                     Exercise Price = R215.18
                                     Gain = R116.38 per right. After subtracting
                                     employees tax, this resulted in delivery of
                                     6,984 Standard Bank Group ordinary shares.

     Nature of Interest:             Direct beneficial


2.   Date of Transaction:            2018-04-13

     Nature of Transaction:          Exercise of 18,865 Participation Rights awarded
                                     in the Standard Bank Equity Growth Scheme on
                                     2013-03-07:

                                     Award Price = R115.51
                                     Exercise Price = R215.18
                                     Gain = R99.67 per right. After subtracting
                                     employees tax, this resulted in delivery of
                                     4,465 Standard Bank Group ordinary shares.

     Nature of Interest:             Direct beneficial


3.   Date of Transaction:            2018-04-13

     Nature of Transaction:          Exercise of 105,442 Participation Rights
                                     awarded in the Standard Bank Equity Growth
                                     Scheme on 2014-03-06:
                                     Award Price = R126.87
                                     Exercise Price = R215.18
                                     Gain = R88.31 per right. After subtracting
                                     employees tax, this resulted in delivery of
                                     21,891 Standard Bank Group ordinary shares.

     Nature of Interest:             Direct beneficial


4.   Date of Transaction:            2018-04-13

     Nature of Transaction:          Resulting from the transactions disclosed in
                                     paragraphs 1 to 3 above, Mr. Kruger sold the
                                     33,340 ordinary Shares at a price of R214.83
                                     per share.

     Value of Transaction:           R7 162,432.20

     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

17 April 2018
Date: 17/04/2018 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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