NED - Nedbank Group - Dealing in Securities by Aka-Nedbank Eyethu Trust
NED
NED
NED - Nedbank Group - Dealing in Securities by Aka-Nedbank Eyethu Trust
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")
DEALING IN SECURITIES BY AKA-NEDBANK EYETHU TRUST
In terms of paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE
Limited, the following information is disclosed in respect of the dealing in
Nedbank Group ordinary shares by the Aka-Nedbank Eyethu Trust, of which Aka
Capital (Pty) Limited is the sole beneficiary. Dr Khoza, non-executive Chairman
of Nedbank Group, has an indirect beneficial interest in the Aka-Nedbank Eyethu
Trust as he is a director and 27% shareholder of Aka Capital (Pty) Limited:
Name: Aka-Nedbank Eyethu Trust
Date of the transaction: 15 April 2011
Price per share: R138,51
Number of securities: 200 000
Total value: R27 702 080,00
Nature of transaction: Sale
Nature of trade: On market
Prior to the above sale and the sales effected on 13 and 14 April 2011 that were
referred to in the SENS announcement published on 15 April 2011, the Aka-Nedbank
Eyethu Trust held 0,4% of the issued ordinary shares in Nedbank Group in terms
of the Eyethu BEE transaction approved by shareholders at the general meeting on
22 July 2005. Following this transaction, the Aka-Nedbank Eyethu Trust no
longer holds any Nedbank Group Limited shares.
The required prior written clearance for the dealing in shares has been
obtained.
Sandton
18 April 2011
Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Limited
Date: 18/04/2011 14:18:02 Produced by the JSE SENS Department.
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