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

Release Date: 23/08/2019 09:25
Code(s): ABG     PDF:  
Wrap Text
Dealings in securities on behalf of the group employee incentive trust

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


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 Absa
Group Employee Incentive Trust (“Trust”) under the Long Term Incentive Plan (LTIP).

Shares are held by Absa Stockbrokers on behalf of the Trust, for delivery to the participants during July

 Date of transaction:             21 August 2019
 Number of shares purchased:      408 103 Absa Group ordinary shares
 Purchase price:                  15 271.42 cents per share
 Total value:                     R62 323 123.16
 Nature of transaction:           On-market purchase of shares for the LTIP on behalf of the Trust.

Clearance to deal was obtained for the abovementioned transaction.

23 August 2019

Nadine Drutman – Group Company Secretary
(+2711) 350-5347

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

Joint Sponsor:
Absa Bank Limited - Corporate and Investment Bank

Date: 23/08/2019 09:25:00
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