Wrap Text
Dealings in securities
BARCLAYS AFRICA GROUP LIMITED
Incorporated in the Republic of South Africa
(Registration number: 1986/003934/06)
Share Code: BGA
ISIN: ZAE000174124
(“Barclays Africa”)
DEALINGS BY DIRECTORS OF BARCLAYS AFRICA
In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are
informed of dealings by Barclays Africa executive directors and the company secretary, as set
out below.
1. Grant of Deferred Award
Consistent with our policy on incentive awards to senior employees, each annual incentive
award is deferred as to 60% thereof. Of this deferral amount, 50% is into the Share Value
Plan (SVP) and 50% into the Cash Value Plan (CVP). The individual has a choice to convert
all or part of the CVP into SVP.
The number of shares under the 2018 SVP was fixed with reference to the 20-day volume
weighted average price preceding 8 March 2018. This table sets out the deferred incentives
which were awarded into the SVP, granted to the executive directors and company secretary
off market, and have since been accepted on the dates indicated below.
Number of Price of
Director/Sec Acceptance Total Value
Grant Date Award Type Shares Shares at
retary Date (ZAR)
Awarded Grant (ZAR)
Maria Ramos 08/03/2018 23/04/2018 SVP 2018 22,822 R 197.17 R 4,499,814
David
08/03/2018 23/04/2018 SVP 2018 22,062 R 197.17 R 4,349,965
Hodnett
Jason Quinn 08/03/2018 23/04/2018 SVP 2018 12,172 R 197.17 R 2,399,953
Peter Matlare 08/03/2018 23/04/2018 SVP 2018 30,430 R 197.17 R 5,999,883
Nadine
08/03/2018 23/04/2018 SVP 2018 2,130 R 197.17 R 419,972
Drutman
2. 2018 Share Incentive Award (SIA)
Further to the deferral of incentive referred to under 1 above, 50% of an executive director’s
non-deferred annual incentive is delivered as shares (the SIA) around the time the non-
deferred cash incentive award is paid. The SIA is subject to a
twelve-month holding period and will be released in March 2019.
The number of shares under the 2018 SIA was fixed with reference to the 20-day volume
weighted average price preceding 8 March 2018, being the grant date.
The share awards in respect of the SIA were granted to the executive directors off market as
set out in the table below and have been accepted on the dates indicated below.
Number of Price of
Director/Sec Acceptance Total Value
Grant date Award Type Shares Shares at
retary date (ZAR)
Awarded Grant (ZAR)
Maria Ramos 08/03/2018 23/04/2018 SIA 2018 15,215 R197.17 R 2,999,942
David
08/03/2018 23/04/2018 SIA 2018 14,708 R197.17 R 2,899,976
Hodnett
Jason Quinn 08/03/2018 23/04/2018 SIA 2018 8,114 R197.17 R 1,599,837
Peter Matlare 08/03/2018 23/04/2018 SIA 2018 10,143 R197.17 R 1,999,895
Shareholders should note that the values of the abovementioned SVP and SIA awards were
disclosed as part of the variable remuneration awards in Barclays Africa’s 2017 remuneration
report.
Prior clearance to deal was obtained for the above dealings.
Johannesburg
25 April 2018
Enquiries:
Nadine Drutman – Group Company Secretary
(+2711) 350-5347
E-mail: Nadine.Drutman@barclaysafrica.com
Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
Joint Sponsor:
Absa Bank Limited - Corporate and Investment Bank
Date: 25/04/2018 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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