NED - Nedbank Group - Dealing in Securities by Executive Director
NED
NED
NED - Nedbank Group - Dealing in Securities by Executive Director
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 DIRECTOR
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 an executive director of Nedbank Group Limited and Nedbank Limited on 4 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
MWT Brown 66 015 R4 999 976,10
(Chief financial officer)
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 5 March 2012 is subject to time-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 07:55:02 Produced by the JSE SENS Department.
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