To view the PDF file, sign up for a MySharenet subscription.

ABSA GROUP LIMITED - Dealings in securities on behalf of the group employee incentive trust

Release Date: 17/05/2024 15:40
Wrap Text
Dealings in securities on behalf of the group employee incentive trust

Absa Group Limited
Incorporated in the Republic of South Africa
Registration number: 1986/003934/06
Share Code: ABG
Bond Issuer Code: ABGI
ISIN: ZAE000255915
("Absa Group")

DEALINGS IN SECURITIES ON BEHALF OF THE GROUP EMPLOYEE INCENTIVE TRUST

In accordance with paragraph 3.92 of the JSE Limited Listings Requirements, shareholders are advised
that the following ordinary shares have been bought on the open market to settle obligations of the
Absa Group Employee Incentive Trust ("Trust") under the Share Value Plan (SVP) and Share Incentive
Plan (SIP) rules.

Shares are held by the Trust for delivery to participants during the remainder of 2024 and in 2025.

 Date of transaction:            14 May 2024
 Number of shares purchased:     785,159 Absa Group ordinary shares
 Purchase price:                 15 212.12 cents per share
 Total value:                    R119,439,329.27
 Nature of transaction:          On-market purchase of shares for the SVP and SIP on behalf of the
                                 Trust.

 Date of transaction:            15 May 2024
 Number of shares purchased:     678,947 Absa Group ordinary shares
 Purchase price:                 15 392.87 cents per share
 Total value:                    R104,509,429.08
 Nature of transaction:          On-market purchase of shares for the SVP and SIP on behalf of the
                                 Trust.

 Date of transaction:            16 May 2024
 Number of shares purchased:     535,894 Absa Group ordinary shares
 Purchase price:                 15 397.50 cents per share
 Total value:                    R82,514,278.65
 Nature of transaction:          On-market purchase of shares for the SVP and SIP on behalf of the
                                 Trust.

Clearance to deal was obtained for the abovementioned transactions.

Johannesburg
17 May 2024


Enquiries:
Nadine Drutman
(+2711) 350-5347
E-mail: Nadine.Drutman@absa.africa

Lead Independent Sponsor:
J.P. Morgan Equities South Africa Proprietary Limited
Joint Sponsor:
Absa Bank Limited - Corporate and Investment Bank

Date: 17-05-2024 03:40:00
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.

Share This Story