NED - Nedbank Group - Dealing in Securities by Executive Directors and Company
NED
NED
NED - Nedbank Group - Dealing in Securities by Executive Directors and Company
Secretary
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 EXECUTIVE DIRECTORS AND COMPANY SECRETARY
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE, the
following information is disclosed in respect of the grant of Restricted Shares
to the executive directors and the company secretary of Nedbank Group Limited
and Nedbank Limited on 3 March 2009 in terms of The Nedbank Group (2005) Share
Option, Matched Share and Restricted Share Scheme approved by shareholders on 4
May 2005:
Number of Restricted
Name Shares granted Value
TA Boardman 99 340 R7 524 011,60
(Chief executive)
MWT Brown 52 812 R3 999 980,88
(Chief financial officer)
GS Nienaber 9 902 R749 977,48
(Company secretary)
These Restricted Shares are held on an indirect beneficial basis.
These Restricted Shares are Nedbank group ordinary shares that are issued at the
volume weighted average price (R75,74) for the three days 26 and 27 February
2009 and 2 March 2009 at no cost to eligible employees. The vesting of these
shares on 4 March 2012 is subject to time-based and performance-based vesting
criteria.
The required prior written clearance for the grant and acceptance of these
Restricted Shares has been obtained.
Sandton
4 March 2009
Sponsors
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Date: 04/03/2009 07:54:02 Produced by the JSE SENS Department.
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