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NEDBANK GROUP LIMITED - Dealings in securities by directors

Release Date: 15/04/2019 15:30
Code(s): NED     PDF:  
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Dealings in securities by directors

(Incorporated in the Republic of South Africa)
Registration number: 1966/010630/06
JSE share code: NED
NSX share code: NBK
ISIN: ZAE000004875
(“Nedbank Group”)


In terms of paragraphs 3.63 - 3.65 of the Listings Requirements of the JSE, the following
information is disclosed in respect of the dealings in shares by directors of Nedbank Group:

Name:                                     MWT Brown
Designation:                              Chief Executive
Date of transaction:                      9 April 2019
Number of shares:                         42 460
Average price per share:                  R256.9316
Highest price per share:                  R258.11
Lowest price per share:                   R255.50
Total value:                              R10 909 311.50
Nature of transaction:                    Sale of ordinary shares to cover tax expenses
                                          relating to vesting of 2016 restricted shares and
                                          2016 Matched Share Scheme Shares
Nature of trade:                          Open market
Extent of interest:                       Direct beneficial

Name:                                     MP Moyo
Designation:                              Non-executive Director
Date of transaction:                      12 April 2019
Number of shares:                         24 428
Average price per share:                  R262.49
Highest price per share:                  R263.60
Lowest price per share:                   R262.30
Total value:                              R6 412 192.32
Nature of transaction:                    Sale of ordinary shares
Nature of trade:                          Open market
Extent of interest:                       Indirect beneficial

The required written clearance for dealing in these shares has been obtained.

15 April 2019

Sponsors to Nedbank Group in South Africa:
Merrill Lynch South Africa (Pty) Limited
Nedbank Corporate and Investment Banking

Sponsor to Nedbank Group in Namibia:
Old Mutual Investment Services (Namibia) (Pty) Ltd

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