ABSA GROUP LIMITED - Barclays Plc receives approval for full regulatory deconsolidation
ABG 201807200017A
Barclays Plc receives approval for full regulatory deconsolidation
ABSA GROUP LIMITED
(Formerly: Barclays Africa Group Limited)
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
Share Code: ABG
ISIN: ZAE000255915
(“Absa Group”)
BARCLAYS PLC RECEIVES APPROVAL FOR FULL REGULATORY DECONSOLIDATION OF ABSA
GROUP
Shareholders are advised that Barclays PLC has received approval from the Prudential Regulatory
Authority and Financial Conduct Authority in the United Kingdom for the full regulatory deconsolidation of
Absa Group (formerly Barclays Africa Group), effective 30 June 2018.
Regulatory deconsolidation represents a milestone in Absa Group’s separation from Barclays PLC. We
expect to complete the operational separation in 2020, including rebranding our subsidiaries in the rest of
Africa and transferring off the services provided by Barclays PLC.
Johannesburg
20 July 2018
Enquiries:
Nadine Drutman – Group Company Secretary
(+2711) 350-5347
E-mail: Nadine.Drutman@absa.africa
Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
Joint Sponsor:
Absa Bank Limited - Corporate and Investment Bank
Date: 20/07/2018 12:20:00 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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
