ABSA GROUP LIMITED - Dealings in securities on behalf of group employee incentive trust

Release Date: 03/09/2018 10:02
Code(s): ABG
 
Wrap Text
Dealings in securities on behalf of group employee incentive trust

ABSA GROUP LIMITED
(Formerly: Barclays Africa Group Limited)
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
Share Code: ABG
ISIN: ZAE000255915
(“Absa Group”)

DEALINGS IN SECURITIES ON BEHALF OF THE GROUP EMPLOYEE INCENTIVE TRUST

In accordance with paragraph 3.92 of the JSE Listings Requirements, shareholders are advised
that the following ordinary shares have been bought on the open market to settle obligations of
the Barclays Africa Group Employee Incentive Trust (“Trust”) under the Share Value plan (SVP)
and Share Incentive Award (SIA).

Shares are held by Absa Stockbrokers on behalf of the Trust, for delivery to the participants for
the remainder of 2018 and in March 2019.

Date of transaction:            30 August 2018
Number of shares purchased:     780 000 Absa Group ordinary shares
Purchase price:                 16 548.90 cents per share
Total value:                    R129 081 420.00
Nature of transaction:          On-market purchase of shares for the SVP and SIA on behalf of
                                the Trust.

Clearance to deal was obtained for the abovementioned transaction.

Johannesburg
3 September 2018

Enquiries:
Nadine Drutman – Group Company Secretary
(+2711) 350-5347
E-mail: Nadine.Drutman@absa.africa

Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited

Joint Sponsor:
Absa Bank Limited - Corporate and Investment Bank

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