NEDBANK GROUP LIMITED - Dealings in Securities by a Director

Release Date: 01/08/2018 17:30
Code(s): NED
 
Wrap Text
Dealings in Securities by a Director

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
(“Nedbank Group”)

DEALINGS IN SECURITIES BY A DIRECTOR

In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the following
information is disclosed in respect of the dealings in shares by a director of Nedbank Group:

Name:                                      MP Moyo
Designation:                               Non-executive director
Date of transaction:                       23 July 2018

Number of ordinary shares:                 300
Price per ordinary share:                  R263.97
Total value:                               R79,190.60
Nature of trade:                           Open market
Extent of interest:                        Direct beneficial

Nature of transaction:                     Regular course rebalancing of an investment
                                           portfolio resulting in a disposal of ordinary shares
                                           in Nedbank Group. The investment was held
                                           within a managed fund held by South African
                                           Retirement Annuity Fund with full discretion given
                                           to the portfolio manager.

The required prior written clearance for dealing in these ordinary shares was not obtained as
Mr Moyo only became aware of the trade after it had been executed.

Sandton
1 August 2018

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Corporate and Investment Banking

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd

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