To view the PDF file, sign up for a MySharenet subscription.

ABSA GROUP LIMITED - Dealings in securities on behalf of the group employee incentive trust

Release Date: 23/08/2019 09:25
Code(s): ABG     PDF:  
 
Wrap Text
Dealings in securities on behalf of the group employee incentive trust

Absa Group Limited
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
Share Code: ABG
ISIN: ZAE000255915
(“Absa Group”)

DEALINGS IN SECURITIES ON BEHALF OF THE GROUP EMPLOYEE INCENTIVE TRUST

In accordance with paragraph 3.92 of the JSE Listings Requirements, shareholders are advised that
the following ordinary shares have been bought on the open market to settle obligations of the Absa
Group Employee Incentive Trust (“Trust”) under the Long Term Incentive Plan (LTIP).

Shares are held by Absa Stockbrokers on behalf of the Trust, for delivery to the participants during July
2020.

 Date of transaction:             21 August 2019
 Number of shares purchased:      408 103 Absa Group ordinary shares
 Purchase price:                  15 271.42 cents per share
 Total value:                     R62 323 123.16
 Nature of transaction:           On-market purchase of shares for the LTIP on behalf of the Trust.

Clearance to deal was obtained for the abovementioned transaction.

Johannesburg
23 August 2019


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: 23/08/2019 09:25:00
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.

Email this JSE Sens Item to a Friend.

Share This Story