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FIRSTRAND LIMITED - Dealings in securities by a director

Release Date: 12/12/2023 16:10
Code(s): FSR     PDF:  
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Dealings in securities by a director

(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE ordinary share code: FSR; ISIN: ZAE000066304
NSX ordinary share code: FST
LEI: 529900XYOP8CUZU7R671


In accordance with the terms of an existing, off-market collar hedge transaction, announced on SENS on 13 December
2022, Mr Burger has exercised the put option pertaining to the collar hedge. In compliance with the JSE Limited Listings
Requirements, the following information is disclosed:

 Director                                                :     Johan Petrus Burger
 Company                                                 :     FirstRand
 Date of transaction                                     :     8 December 2023
 Nature of transaction                                   :     Sale of ordinary shares pursuant to the exercise of a
                                                               put option, in respect of an off-market collar hedge
                                                               over 900 000 FirstRand ordinary shares, due to expire
                                                               on 8 December 2023
 Number of securities                                    :     900 000
 Class of securities                                     :     Ordinary shares
 Selling price                                           :     R 65.82
 Total value of transaction                              :     R59 238 000.00
 Nature of interest                                      :     Indirect beneficial
 Clearance obtained                                      :     Yes

The equity funding arrangement with a financial institution, consisting of a loan agreement securitised
by a simultaneous collar hedge and equity lending transaction, terminated on 8 December 2023 as a
consequence of the sale of ordinary shares pursuant to Mr Burger's exercise of the put option.

12 December 2023

Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 12-12-2023 04:10:00
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