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STANDARD BANK GROUP LIMITED - Dealings in securities

Release Date: 08/04/2019 13:40
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. SK Tshabalala

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2019-04-01

     Nature of Transaction:         Automatic vesting and exercise of 113 128 units
                                    in the Standard Bank Performance Reward Plan
                                    awarded on 2016-03-03. After subtracting
                                    employees tax, this resulted in the delivery of
                                    62 221 Standard Bank Group ordinary shares.
     Number of shares:              62 221
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R185.23
     Value of Transaction:          R11 525 195.83
     Nature of Interest:            Direct beneficial




Director:                           Dr. A Daehnke

Name of company:                    Standard Bank Group Limited

2.   Date of Transaction:           2019-04-01

     Nature of Transaction:         Automatic vesting and exercise of 63 365 units
                                    in the Standard Bank Performance Reward Plan
                                    awarded on 2016-03-03. After subtracting
                                    employees tax, this resulted in the delivery of
                                    34 851 Standard Bank Group ordinary shares.
     Number of shares:              34 851
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R185.23
     Value of Transaction:          R6 455 450.73
     Nature of Interest:            Direct beneficial
Group Secretary:                    Ms. Z Stephen

Name of company:                    Standard Bank Group Limited

3.   Date of Transaction:           2019-04-01

     Nature of Transaction:         Automatic vesting and exercise of 27 094 units
                                    in the Standard Bank Performance Reward Plan
                                    awarded on 2016-03-03. After subtracting
                                    employees tax, this resulted in the delivery of
                                    14 902 Standard Bank Group ordinary shares.
     Number of shares:              14 902
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R185.23
     Value of Transaction:          R2 760 267.46
     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

4.   Date of Transaction:           2019-04-01

     Nature of Transaction:         Automatic vesting and exercise of 54 297 units
                                    in the Standard Bank Performance Reward Plan
                                    awarded on 2016-03-03. After subtracting
                                    employees tax, this resulted in the delivery of
                                    29 864 Standard Bank Group ordinary shares.
     Number of shares:              29 864
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R185.23
     Value of Transaction:          R5 531 708.72
     Nature of Interest:            Direct beneficial


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

Johannesburg
8 April 2019

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
Deutsche Securities (SA) Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

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