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STANDARD BANK GROUP LIMITED - Director's Dealing in Securities

Release Date: 02/12/2019 17:15
Code(s): SBK     PDF:  
Wrap Text
Director's Dealing in Securities

Incorporated in the Republic of South Africa
Registration number 1969/017128/06
JSE and A2X Share code: SBK
Namibian Share Code: SNB
ISIN: ZAE000109815


Director:                            Mr. J H Maree

Name of company:                     Standard Bank Group Limited

Date of Transaction:                 2019-11-29

Nature of Transaction:               Off market exercise of 250 000 Participation
                                     Rights awarded in the Standard Bank Equity
                                     Growth Scheme on 2010-03-05:
                                     Award Price = R111.94
                                     Exercise Price = 165.15
                                     Gain = R53.21 per right. After subtracting
                                     tax, this resulted in delivery of 65 262
                                     Standard Bank Group ordinary shares.
                                     Mr Maree has not disposed of the resultant
                                     shares delivered.

Nature of Interest:                  Direct beneficial

Clearance to deal was provided.

02 December 2019

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
JP Morgan Equities South Africa Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 02-12-2019 05:15:00
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