Go Back Email this Link to a friend


Ned - Nedbank Group Limited - Dealing In Securities By Aka-nedbank Eyethu Trust

Release Date: 15/04/2011 15:32:07      Code(s): NED
NED - Nedbank Group Limited - Dealing in Securities by Aka-Nedbank Eyethu Trust 
NEDBANK GROUP LIMITED                                                           
(Incorporated in the Republic of South Africa)                                  
Registration number: 1966/010630/06                                             
JSE share code: NED                                                             
NSX share code: NBK                                                             
ISIN: ZAE000004875                                                              
("Nedbank Group")                                                               
DEALING IN SECURITIES BY AKA-NEDBANK EYETHU TRUST                               
In terms of paragraphs 3.63 - 3.66 of the Listings Requirements of the JSE      
Limited, the following information is disclosed in respect of the dealing in    
Nedbank Group ordinary shares by the Aka-Nedbank Eyethu Trust, of which Aka     
Capital (Pty) Limited is the sole beneficiary.  Dr Khoza, non-executive Chairman
of Nedbank Group, has an indirect beneficial interest in the Aka-Nedbank Eyethu 
Trust as he is a director and 27% shareholder of Aka Capital (Pty) Limited:     
Name:                     Aka-Nedbank Eyethu Trust                              
Date of the transaction:  13 April 2011                                         
Price per share:          R143,54                                               
Number of securities:     150 000                                               
Total value:              R21 531 555,00                                        
Nature of transaction:    Sale                                                  
Nature of trade:          On market                                             
Name:                     Aka-Nedbank Eyethu Trust                              
Date of the transaction:  14 April 2011                                         
Price per share:          R141,29                                               
Number of securities:     459 562                                               
Total value:              R64 931 836,67                                        
Nature of transaction:    Sale                                                  
Nature of trade:          On market                                             
Prior to these transactions the Aka-Nedbank Eyethu Trust held 0,4% of the issued
ordinary shares in Nedbank Group in terms of the Eyethu BEE transaction approved
by shareholders at the general meeting on 22 July 2005.                         
The required prior written clearance for the dealing in shares has been         
obtained.                                                                       
Sandton                                                                         
15 April 2011                                                                   
Sponsors to Nedbank Group in South Africa:                                      
Merrill Lynch South Africa (Pty) Limited                                        
Nedbank Capital                                                                 
Sponsor to Nedbank Group in Namibia:                                            
Old Mutual Investment Services (Namibia) (Pty) Limited                          
Date: 15/04/2011 15:32:07 Supplied by www.sharenet.co.za                     
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.

Disclaimer  |  ©2014 Imara Holdings Limited. All rights reserved. Imara S.P. Reid is an Authorised Financial Services Provider.