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STANDARD BANK GROUP LIMITED - Dealing in securities

Release Date: 05/12/2018 17:05
Code(s): SBK     PDF:  
Wrap Text
Dealing in securities

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”)

DIRECTOR’S DEALINGS IN SECURITIES
In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:


Associate of Director:              Kasala Trust

Director:                           Mr J H Maree

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2018-11-30

     Nature of Transaction:         Exercise of 62 500 Participation Rights awarded
                                    in the Standard Bank Equity Growth Scheme on
                                    2009-03-06:

                                    Award Price = R62.39
                                    Exercise Price = R180.15
                                    Gain = R117.76 per right. After subtracting
                                    tax, this resulted in delivery of 32,376
                                    Standard Bank Group ordinary shares.

     Nature of Interest:            Indirect beneficial


2.   Date of Transaction:           2018-11-30

     Nature of Transaction:         Resulting from the transactions disclosed in
                                    paragraph 1 above, Kasala Trust sold the 32,376
                                    ordinary Shares at a price of R175.40 per
                                    share.

     Value of Transaction:          R5 678 750.40

     Nature of Interest:            Indirect beneficial


Director:                           Dr. A Daehnke

Name of company:                    Standard Bank Group Limited

3.   Date of Transaction:           2018-11-30

     Nature of Transaction:         Exercise of 25 000 Participation Rights awarded
                                    in the Standard Bank Equity Growth Scheme on
                                    2009-03-06:

                                    Award Price = R62.39
                                    Exercise Price = R180.15
                                    Gain = R117.76 per right. After subtracting
                                    tax, this resulted in a delivery of 12,919
                                    Standard Bank Group ordinary shares.

     Nature of Interest:            Direct beneficial


4.   Date of Transaction:           2018-11-30

     Nature of Transaction:        Resulting from the transaction disclosed in
                                   paragraph 3 above, Dr. Daehnke has taken
                                   delivery of the 12,919 ordinary Shares at a
                                   price of R180.15 per share.

     Value of Transaction:          R2 327 357.85

     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

05 December 2018

Date: 05/12/2018 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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