Nedbank Group Limited - Results of general meeting
NED
NED
Nedbank Group Limited - Results of general meeting
Nedbank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/010630/06)
Share code JSE: NED
ISIN: ZAE000004875
("Nedbank Group")
RESULTS OF GENERAL MEETING
Introduction
Nedbank Group informed shareholders on 5 September 2006 of its intention to
introduce black ownership into its 94% held Namibian subsidiary, NedNamibia
Holdings Limited, as part of Nedbank Group"s ongoing programme of
transformation, by way of an issue of 665 442 new Nedbank Group shares. A
circular outlining the transaction was posted to shareholders on 8 November
2006. The implementation of the transaction was subject to the fulfilment of
certain conditions precedent and the approval of all the required ordinary and
special resolutions by the requisite majority of shareholders in general
meeting.
The board of directors of Nedbank Group is pleased to announce that all the
resolutions were passed by the requisite majority of shareholders today. The
relevant special resolutions will be lodged for registration with the Registrar
of Companies in due course.
Issue and listing of shares
The new Nedbank Group shares will be issued on 14 December 2006 and listed on
the JSE Limited on the same day.
Sandton
7 December 2006
Investment bank, transaction Lead sponsor
adviser and joint sponsor Merrill Lynch South Africa
Nedbank Capital (Pty) Limited
Date: 07/12/2006 12:54:04 PM Produced by the JSE SENS Department
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