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FIRSTRAND LIMITED - Dealings in securities by directors and prescribed officers

Release Date: 02/10/2020 16:51
Code(s): FSR FSRP     PDF:  
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Dealings in securities by directors and prescribed officers

FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE ordinary share code: FSR; ISIN code: ZAE000066304
JSE B preference share code: FSRP; ISIN code: ZAE000060141
NSX ordinary share code: FST
LEI: 529900XYOP8CUZU7R671
(FirstRand or FSR)

DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICERS

In compliance with the JSE Limited Listings Requirements, the following information in respect of directors’ and
prescribed officers’ dealings in securities is disclosed below. The transactions undertaken by the FirstRand directors
and prescribed officers relate to awards made under the Bonus Deferral Conditional Incentive Plan (BCIP) for 2018
which have now vested and restrictions lifted.

                                                      (1)
Mr Pullinger has elected to apply the cash awards vested under the BCIP net of tax to acquire FirstRand shares at
the prevailing market price.

Director                                               :      Alan Patrick Pullinger
Company                                                :      FirstRand Limited
Date of transaction                                    :      29 September 2020
Nature of transaction                                  :      On-market purchase of FSR ordinary shares
Class of securities                                    :      Ordinary shares in terms of BCIP
Purchase price                                         :      R39.24000
Number of ordinary shares purchased                    :      101 903
Total value of shares purchased                        :      R3 998 673.72
Nature of interest                                     :      Direct beneficial
Clearance obtained                                     :      Yes

                                                      (2)
Mr Kellan has elected to apply the cash awards vested under the BCIP and to utilise the gross amount to acquire
FirstRand shares at the prevailing market price. He has elected to settle the tax liability in respect of the cash award
separately.

Director                                               :      Hetash Surendrakumar Kellan
Company                                                :      FirstRand Limited
Date of transaction                                    :      29 September 2020
Nature of transaction                                  :      On-market purchase of FSR ordinary shares
Class of securities                                    :      Ordinary shares in terms of BCIP
Purchase price                                         :      R39.24000
Number of ordinary shares purchased                    :      72 658
Total value of shares purchased                        :      R2 851 099.92
Nature of interest                                     :      Direct beneficial
Clearance obtained                                     :      Yes

                                                      (3)
Mr J Formby has elected to apply the cash awards vested under the BCIP net of tax to acquire FirstRand shares
at the prevailing market price.

Prescribed Officer                                     :     James Roger Formby
Company                                                :     FirstRand Limited
Date of transaction                                    :     29 September 2020
Nature of transaction                                  :     On-market purchase of FSR ordinary shares
Class of securities                                    :     Ordinary shares in terms of BCIP
Purchase price                                         :     R39.24000
Number of ordinary shares purchased                    :     109 895
Total value of shares purchased                        :     R4 312 279.80
Nature of interest                                     :     Indirect beneficial
Clearance obtained                                     :     Yes

                                                      (4)
Mr C de Kock has elected to apply the cash awards vested under the BCIP and to utilise the gross amount to
acquire FirstRand shares at the prevailing market price. He has elected to settle the tax liability in respect of the
cash award separately.

Prescribed Officer                                     :     Christopher de Kock
Company                                                :     FirstRand Limited
Date of transaction                                    :     29 September 2020
Nature of transaction                                  :     On-market purchase of FSR ordinary shares
Class of securities                                    :     Ordinary shares in terms of BCIP
Purchase price                                         :     R39.24000
Number of ordinary shares purchased                    :     49 952
Total value of shares purchased                        :     R1 960 116.48
Nature of interest                                     :     Indirect beneficial
Clearance obtained                                     :     Yes


Sandton
2 October 2020

Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)

Date: 02-10-2020 04:51:00
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