To view the PDF file, sign up for a MySharenet subscription.

NEDBANK GROUP LIMITED - Dealings in securities by directors

Release Date: 15/04/2019 15:30
Code(s): NED     PDF:  
 
Wrap Text
Dealings in securities by directors

NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
(“Nedbank Group”)

DEALINGS IN SECURITIES BY DIRECTORS

In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the following
information is disclosed in respect of the dealings in shares by directors of Nedbank Group:

Name:                                     MWT Brown
Designation:                              Chief Executive
Date of transaction:                      9 April 2019
Number of shares:                         42 460
Average price per share:                  R256.9316
Highest price per share:                  R258.11
Lowest price per share:                   R255.50
Total value:                              R10 909 311.50
Nature of transaction:                    Sale of ordinary shares to cover tax expenses
                                          relating to vesting of 2016 restricted shares and
                                          2016 Matched Share Scheme Shares
Nature of trade:                          Open market
Extent of interest:                       Direct beneficial

Name:                                     MP Moyo
Designation:                              Non-executive Director
Date of transaction:                      12 April 2019
Number of shares:                         24 428
Average price per share:                  R262.49
Highest price per share:                  R263.60
Lowest price per share:                   R262.30
Total value:                              R6 412 192.32
Nature of transaction:                    Sale of ordinary shares
Nature of trade:                          Open market
Extent of interest:                       Indirect beneficial

The required written clearance for dealing in these shares has been obtained.

Sandton
15 April 2019

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Corporate and Investment Banking

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd

Date: 15/04/2019 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story