Barclays Plc receives approval for full regulatory deconsolidation
ABSA GROUP LIMITED
(Formerly: Barclays Africa Group Limited)
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
Share Code: ABG
BARCLAYS PLC RECEIVES APPROVAL FOR FULL REGULATORY DECONSOLIDATION OF ABSA
Shareholders are advised that Barclays PLC has received approval from the Prudential Regulatory
Authority and Financial Conduct Authority in the United Kingdom for the full regulatory deconsolidation of
Absa Group (formerly Barclays Africa Group), effective 30 June 2018.
Regulatory deconsolidation represents a milestone in Absa Group’s separation from Barclays PLC. We
expect to complete the operational separation in 2020, including rebranding our subsidiaries in the rest of
Africa and transferring off the services provided by Barclays PLC.
20 July 2018
Nadine Drutman – Group Company Secretary
Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
Absa Bank Limited - Corporate and Investment Bank
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