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STANDARD BANK GROUP LIMITED - Dealings in Securities by a Prescribed Officer and Associate of the Prescribed Officer

Release Date: 22/10/2020 10:00
Code(s): SBK     PDF:  
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Dealings in Securities by a Prescribed Officer and Associate of the Prescribed Officer

STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
JSE Share code: SBK ISIN: ZAE000109815
Namibian Share Code: SNB ZAE000109815
A2X share code: SBK
(“Standard Bank Group”)

Website: (www.standardbank.com)


DEALINGS IN SECURITIES BY A PRESCRIBED OFFICER AND ASSOCIATE OF THE PRESCRIBED
OFFICER

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:

Prescribed Officer:               Mr. AK Fihla

Name of company:                  Standard Bank Group Limited

Date of Transaction:              2020-10-20
Nature of Transaction:            Disposal, at market value, of 150 000 Standard
                                  Bank Group ordinary shares to the Fihla Family
                                  Trust.
Number of shares:                 150 000
Class of securities:              Standard Bank Group ordinary shares
Share Price:                      R109.82
Deemed Value of Transaction:      R16 473 000.00
Nature of Interest:               Direct beneficial

Associate of Prescribed Officer: Fihla Family Trust

Date of Transaction:              2020-10-20
Nature of Transaction:            Acquisition of 150 000 Standard Bank Group
                                  ordinary shares by the Fihla Family Trust at
                                  market value.
Number of shares:                 150 000
Class of securities:              Standard Bank Group ordinary shares
Share Price:                      R109.82
Deemed Value of Transaction:      R16 473 000.00
Nature of Interest:               Direct beneficial


The above transaction was done off-market and clearance to deal was provided.

22 October 2020


Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
J.P Morgan Equities South Africa Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

Date: 22-10-2020 10:00:00
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