STANDARD BANK GROUP LIMITED - Results of General Meeting
SBKP SBK SBPP 201403280017A
Results of General Meeting
Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
South African Share Code: SBK
ISIN: ZAE000109815
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)
Namibian Share Code: SNB
ISIN: ZAE000109815
JSE bond codes: SBS, SBK, SBN, SBR, ETN series SSN series and CLN series (all
JSE-listed bonds issued in terms of The Standard Bank of South Africa Limited’s
Domestic Medium Term Note Programme and Credit Linked Note Programme)
(“Standard Bank Group” or “the Group”)
RESULTS OF GENERAL MEETING IN RESPECT OF THE PROPOSED
DISPOSAL BY STANDARD BANK GROUP TO THE INDUSTRIAL AND
COMMERCIAL BANK OF CHINA LIMITED (“ICBC”) OF A CONTROLLING
INTEREST IN ITS LONDON-BASED GLOBAL MARKETS BUSINESS
(“PROPOSED TRANSACTION”)
Standard Bank Group shareholders (“Shareholders”) are referred to the
announcement released on the Stock Exchange News Service of the JSE Limited on
29 January 2014 and the circular distributed to Shareholders on 24 February 2014
(“the Circular”) in respect of the Proposed Transaction. The Circular contained a
notice (“the Notice”) convening a general meeting (“the General Meeting”) to approve
the ordinary resolutions required to authorise the Group to proceed with the
Proposed Transaction.
Shareholders are advised that, at the General Meeting held on 28 March 2014, both
of the ordinary resolutions in the Notice were duly passed by the requisite majority of
eligible Shareholders present or represented by proxy.
Shareholders are reminded that implementation of the Proposed Transaction is
subject to the fulfilment (or waiver) of a number of conditions precedent, as set out in
the Circular, which are only expected to be fulfilled after the third quarter of 2014.
Johannesburg
28 March 2014
Investment bank and sponsor to Standard Bank Group
The Standard Bank of South Africa Limited
Independent sponsor to Standard Bank Group
Deutsche Securities (SA) Proprietary Limited
Sponsor to Standard Bank Group in Namibia
Simonis Storm Securities (Proprietary) Limited
Date: 28/03/2014 10:26:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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