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STANDARD BANK GROUP LIMITED - Dealings in securities

Release Date: 04/10/2018 16:32
Code(s): SBK     PDF:  
Wrap Text
Dealings 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”)
DIRECTORS AND OFFICERS 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:


Director:                           Mr. BJ Kruger

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2018-10-01

     Nature of Transaction:         Automatic vesting and exercise of 53 566 units
                                    in the Standard Bank Deferred Bonus Scheme
                                    2012. After subtracting tax, this resulted in
                                    the delivery of 29 463 Standard Bank Group
                                    ordinary shares.
     Number of shares:              29 463
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R175.00
     Value of Transaction:          R5,156,025.00
     Nature of Interest:            Direct beneficial



2.   Date of Transaction:           2018-10-03

     Nature of Transaction:        Resulting from the transactions disclosed in
                                   paragraph 1 above, Mr. Kruger sold the 29 463
                                   ordinary Shares at a price of R170.55 per
                                   share.

     Value of Transaction:          R5,024,914.65

     Nature of Interest:            Direct beneficial



Director:                           Mr. SK Tshabalala

Name of company:                    Standard Bank Group Limited

3.   Date of Transaction:           2018-10-01

     Nature of Transaction:         Automatic vesting and exercise of 60 070 units
                                    in the Standard Bank Deferred Bonus Scheme
                                    2012. After subtracting tax, this resulted in
                                    the delivery of 33 040 Standard Bank Group
                                    ordinary shares.
     Number of shares:              33 040
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R175.00
     Value of Transaction:    R5,782,000.00
     Nature of Interest:      Direct beneficial



Director:                     Dr. A Daehnke

Name of company:              Standard Bank Group Limited

4.   Date of Transaction:     2018-10-01

     Nature of Transaction:   Automatic vesting and exercise of 34 834 units
                              in the Standard Bank Deferred Bonus Scheme
                              2012. After subtracting tax, this resulted in
                              the delivery of 19 160 Standard Bank Group
                              ordinary shares.
     Number of shares:        19 160
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R175.00
     Value of Transaction:    R3,353,000.00
     Nature of Interest:      Direct beneficial




Group Secretary:              Ms. Z Stephen

Name of company:              Standard Bank Group Limited

5.   Date of Transaction:     2018-10-01

     Nature of Transaction:   Automatic vesting and exercise of 13 153 units
                              in the Standard Bank Deferred Bonus Scheme
                              2012. After subtracting tax, this resulted in
                              the delivery of 7 236 Standard Bank Group
                              ordinary shares.
     Number of shares:        7 236
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R175.00
     Value of Transaction:    R1,266,300.00
     Nature of Interest:      Direct beneficial


Associates of Directors:


Name of Associate:            Ms. S Brugman

Director:                     Dr. A Daehnke

Name of company:              Standard Bank Group Limited

6.   Date of Transaction:     2018-10-01
    Nature of Transaction:          Automatic vesting and exercise of 39 023 units
                                    in the Standard Bank Deferred Bonus Scheme
                                    2012. After subtracting tax, this resulted in
                                    the delivery of 21 464 Standard Bank Group
                                    ordinary shares.
    Number of shares:               21 464
    Class of securities:            Standard Bank Group ordinary shares
    Share Price:                    R175.00
    Value of Transaction:           R3,756,200.00
    Nature of Interest:             Direct beneficial



The above transactions were done on market and clearance to deal was provided.

Johannesburg
4 October 2018

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 04/10/2018 04:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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