|
NED
NED
NED - Nedbank Group Limited - Dealings in Securities by Executive 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 EXECUTIVE 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 grant of Restricted Shares
in an off-market transaction to the executive directors of Nedbank Group and
Nedbank Limited on 7 and 8 March 2012 in terms of The Nedbank Group (2005) Share
Option, Matched Share and Restricted Share Scheme approved by shareholders on 4
May 2005. These Restricted Shares are Nedbank group ordinary shares that are
issued at no cost to eligible employees at the volume weighted average price
(R161,88) for the three trading days ending 2 March 2012. These Restricted
Shares are held on an indirect beneficial basis.
Name: MWT Brown
Designation: Chief Executive Officer
Number of restricted shares granted: 32 431
Price per restricted share: R161.88
Total value: R5 249 930.28
Date of grant: 7 March 2012
Date of vesting: 8 March 2015
Number of restricted shares granted: 32 431
Price per restricted share: R161.88
Total value: R5 249 930.28
Date of grant: 8 March 2012
Date of vesting: 9 March 2015
Name: GW Dempster
Designation: Executive Officer
Number of restricted shares granted: 27 798
Price per restricted share: R161.88
Total value: R4 499 940.24
Date of grant: 7 March 2012
Date of vesting: 8 March 2015
Number of restricted shares granted: 27 798
Price per restricted share: R161.88
Total value: R4 499 940.24
Date of grant: 8 March 2012
Date of vesting: 9 March 2015
Name: RK Morathi
Designation: Executive Officer
Number of restricted shares granted: 13 899
Price per restricted share: R161.88
Total value: R2 249 970.12
Date of grant: 7 March 2012
Date of vesting: 8 March 2015
Number of restricted shares granted: 13 899
Price per restricted share: R161.88
Total value: R2 249 970.12
Date of grant: 8 March 2012
Date of vesting: 9 March 2015
The vesting of these shares on 8 and 9 March 2015 is subject to a mix of time-
based and performance-based vesting criteria.
The required prior written clearance for dealing in these securities has been
obtained.
Sandton
8 March 2012
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) Ltd
Date: 08/03/2012 16:18:01 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.
| Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information. | |||||||||||||
| Other Profile Group sites: FundsData Online (unit trust data) | Profile Group corporate site | |||||||||||||
| [ Terms of Use | Privacy Policy | PAIA manual | FAQs/Help | Site Map | © Copyright Reserved 2026 ] | |||||||||||||
|
|||||||||||||
