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STANDARD BANK GROUP LIMITED - Dealings in Securities

Release Date: 02/10/2020 09:32
Code(s): SBK     PDF:  
Wrap Text
Dealings in Securities

STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
JSE Share code: SBK ISIN: ZAE000109815
Namibian Share Code: SNB ZAE000109815
A2X share code: SBK
(“Standard Bank Group”)
Website: (www.standardbank.com)


DEALINGS IN SECURITIES

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE
Limited, the following information is disclosed:

Vesting of awards in terms of the Standard Bank Group Employee Share Scheme ?
Standard Bank Deferred Bonus Scheme 2012

Executive Director:                 Mr. SK Tshabalala

Name of company:                    Standard Bank Group Limited

1.   Date of Transaction:           2020-09-30

     Nature of Transaction:         Automatic vesting and exercise of 27 365 units
                                    in the Standard Bank Deferred Bonus Scheme
                                    2012. After subtracting employee’s tax, this
                                    resulted in the delivery of 15 051 Standard
                                    Bank Group ordinary shares.
     Number of shares:              15 051
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R108.50
     Value of Transaction:          R1,633,033.50
     Nature of Interest:            Direct beneficial


Executive Director:                 Dr. A Daehnke

Name of company:                    Standard Bank Group Limited

2.   Date of Transaction:           2020-09-30

     Nature of Transaction:         Automatic vesting and exercise of 16 419 units
                                    in the Standard Bank Deferred Bonus Scheme
                                    2012. After subtracting employee’s tax, this
                                    resulted in the delivery of 9 031 Standard Bank
                                    Group ordinary shares.
     Number of shares:              9 031
     Class of securities:           Standard Bank Group ordinary shares
     Share Price:                   R108.50
     Value of Transaction:          R979,863.50
     Nature of Interest:            Direct beneficial


Prescribed Officer:           Mr. AK Fihla

Name of company:              Standard Bank Group Limited

3.   Date of Transaction:     2020-09-30

     Nature of Transaction:   Automatic vesting and exercise of 18 687 units
                              in the Standard Bank Deferred Bonus Scheme
                              2012. After subtracting employee’s tax, this
                              resulted in the delivery of 10 278 Standard
                              Bank Group ordinary shares.
     Number of shares:        10 278
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R108.50
     Value of Transaction:    R1,115,163.00
     Nature of Interest:      Direct beneficial


Prescribed Officer:           Mr. Z Manyathi

Name of company:              Standard Bank Group Limited

4.   Date of Transaction:     2020-09-30

     Nature of Transaction:   Automatic vesting and exercise of 21 359 units
                              in the Standard Bank Deferred Bonus Scheme
                              2012. After subtracting employee’s tax, this
                              resulted in the delivery of 11 748 Standard
                              Bank Group ordinary shares.
     Number of shares:        11 748
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R108.50
     Value of Transaction:    R1,274,658.00
     Nature of Interest:      Direct beneficial


Prescribed Officer:           Ms. M Nienaber

Name of company:              Standard Bank Group Limited

5.   Date of Transaction:     2020-09-30

     Nature of Transaction:   Automatic vesting and exercise of 31 957 units
                              in the Standard Bank Deferred Bonus Scheme
                              2012. After subtracting employee’s tax, this
                              resulted in the delivery of 17 577 Standard
                              Bank Group ordinary shares.
     Number of shares:        17 577
     Class of securities:     Standard Bank Group ordinary shares
     Share Price:             R108.50
     Value of Transaction:    R1,907,104.50
     Nature of Interest:      Direct beneficial


Group Secretary:                Ms. Z Stephen

Name of company:                Standard Bank Group Limited

6.   Date of Transaction:       2020-09-30

     Nature of Transaction:     Automatic vesting and exercise of 12 613 units
                                in the Standard Bank Deferred Bonus Scheme
                                2012. After subtracting employee’s tax, this
                                resulted in the delivery of 6 938 Standard Bank
                                Group ordinary shares.
     Number of shares:          6 938
     Class of securities:       Standard Bank Group ordinary shares
     Share Price:               R108.50
     Value of Transaction:      R752,773.00
     Nature of Interest:        Direct beneficial


Executive Director of a Major   Mr. L Fuzile
Subsidiary:

Name of company:                The Standard Bank of South Africa Limited

7.   Date of Transaction:       2020-09-30

     Nature of Transaction:     Automatic vesting and exercise of 2 740 units
                                in the Standard Bank Deferred Bonus Scheme
                                2012. After subtracting employee’s tax, this
                                resulted in the delivery of 1 507 Standard Bank
                                Group ordinary shares.
     Number of shares:          1 507
     Class of securities:       Standard Bank Group ordinary shares
     Share Price:               R108.50
     Value of Transaction:      R163,509.50
     Nature of Interest:        Direct beneficial


Associate of Director:

Name of Associate:              Ms. S Brugman

Director:                       Dr. A Daehnke (Spouse)

Name of company:                Standard Bank Group Limited

8.   Date of Transaction:       2020-09-30

     Nature of Transaction:     Automatic vesting and exercise of 13 683 units
                                in the Standard Bank Deferred Bonus Scheme
                                2012. After subtracting employee’s tax, this
                                resulted in the delivery of 7 526 Standard Bank
                                Group ordinary shares.
     Number of shares:          7 526
    Class of securities:        Standard Bank Group ordinary shares
    Share Price:                R108.50
    Value of Transaction:       R816,571.00
    Nature of Interest:         Direct beneficial


The above transactions were done on market and clearance to deal was provided.

Lead sponsor
The Standard Bank of South Africa Limited

Independent sponsor
JP Morgan Equities South Africa Proprietary Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited

02 October 2020

Date: 02-10-2020 09:32:00
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