Thu 16 Nov 2023, 17:20 | | STANDARD BANK GROUP LIMITED - Director's dealings in securities |
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Director's dealings in securities
STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting
SHARE CODES
JSE and A2X share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
("Standard Bank Group")
DIRECTOR'S DEALINGS IN SECURITIES
In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, Shareholders
are advised that on 31 May 2021, Barend (Ben) Kruger had entered into an equity funding arrangement
with a financial institution which consisted of a loan agreement securitized by a simultaneous collar hedge
and equity lending transaction. On 15 November 2023 he executed trades to unwind the derivative
structure prior to expiry date, the detail of which is as follows:
Director Mr B J Kruger
Name of Company Standard Bank Group Limited
Date of Transaction 2023-11-15
Nature of Interest Direct Beneficial
Number of shares 371,886 ordinary shares
Nature of Transaction On market, early termination of zero collar hedge and
loan settlement in respect of 371,886 ordinary shares,
with a put strike price of R127,73, a call strike price of
R218,40 and an expiry date of 30 May 2024.
Face Value R74,389,732.56
Spot Price Executed R 200.0337
Clearance to deal was provided.
Johannesburg
16 November 2023
JSE sponsor
The Standard Bank of South Africa Limited
Namibian sponsor
Simonis Storm Securities (Proprietary) Limited
Date: 16-11-2023 05:20:00
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