FSR - FirstRand Limited - Dealings in securities by a director
FSR
FSR
FSR - FirstRand Limited - Dealings in securities by a director
FirstRand Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
ISIN: ZAE000066304
Share Code: (JSE): FSR
Share Code: (NSX): FSR
("FSR")
DEALINGS IN SECURITIES BY A DIRECTOR
In compliance with the JSE Limited Listings Requirements, the following
information is disclosed:
Director: Sizwe Errol Nxasana
Company: FirstRand Limited
Date of transaction: 21 April 2011
Nature of transaction: On market sale of shares
Class of securities: Ordinary shares
Number of shares sold: 824 001
Selling price: 1 996,82 cents per share
Total value of transaction: R16 453 816.77
Nature of interests: Direct beneficial
Clearance obtained: Yes
The option, issued by the FirstRand Share Trust, had reached its final
compulsory date for takeup and Mr. Nxasana was required to exercise and take
delivery of the underlying FirstRand ordinary shares. Mr Nxasana exercised the
option on 15 April 2011. In separate transactions Mr Nxasana sold 1 175 999
FirstRand ordinary shares on 15 April 2011, and sold 824 001 FirstRand ordinary
shares on 21 April 2011. He applied part of the proceeds of the sales to
increase his participation in the private transaction between the FirstRand and
RMBH Founders and a group of FirstRand executives (which was announced on SENS
on 7 February 2011).Refer also to the SENS announcement of 19 April 2011.
Place Sandton
Date 26 April 2011
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 26/04/2011 12:50:01 Produced by the JSE SENS Department.
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