Nedbank Group Limited - Grant And Acceptance Of Sh
NED
NED
Nedbank Group Limited - 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
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE, 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 28 February 2006:
Number of
options Strike
Name awarded price
TA Boardman 120 000 R110,98
(Chief executive)
MWT Brown 70 000 R110,98
(Chief financial officer)
GS Nienaber 25 000 R110,98
(Company secretary)
R Nienaber 9 000 R110,98
(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 March 2009. The options expire on 28 February 2011.
The required prior written clearance for the grant and acceptance of these share
options has been obtained.
Sandton
2 March 2006
Sponsors
Merrill Lynch South Africa (Pty) Limited
Nedbank Capital
Date: 02/03/2006 05:12:35 PM Produced by the JSE SENS Department
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