Nedbank Group - Grant and Acceptance of Share Opti
Nedbank Group - Grant and Acceptance of Share Options by Executive Directors and
Company Secretary
NEDBANK GROUP LIMITED
(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
ISIN: ZAE000004875
(`Nedbank Group`)
GRANT AND ACCEPTANCE OF SHARE OPTIONS BY EXECUTIVE DIRECTORS AND COMPANY
SECRETARY
The following information is disclosed in respect of the grant and acceptance of
share options for Nedbank Group ordinary shares by the executive directors,
company secretary and an associate of the company secretary of Nedbank Group
Limited and Nedbank Limited on 30 June 2005:
Number of
options Strike
Name awarded price
TA Boardman 100 000 R76,79
(Chief executive)
MWT Brown 20 000 R76,79
(Chief financial officer)
GS Nienaber 30 000 R76,79
(Company secretary)
R Nienaber 9 000 R76,79
(Associate of company secretary)
These share options have been granted in terms of the Nedbank Group (2005) Share
Option, Matched Share and Restricted Share Scheme. This allocation of share
options is subject to time-based vesting criteria, and 100% of the options will
vest on 1 July 2008. The options expire on 30 June 2010.
The required prior written clearance for the grant and acceptance of these share
options has been obtained.
Sandton
4 July 2005
Sponsors
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Date: 04/07/2005 10:03:04 AM
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