Try our mobile app

Acceptance of 2023 Share Scheme Awards

Published: 2023-04-05 16:52:22 ET
<<<  go to JSE:SBK company page
STANDARD BANK GROUP LIMITED
Registration number 1969/017128/06
Incorporated in the Republic of South Africa
Website: www.standardbank.com/reporting

SHARE CODES
JSE and A2X share code: SBK
ISIN: ZAE000109815
NSX share code: SNB
SBKP ZAE000038881 (First preference shares)
SBPP ZAE000056339 (Second preference shares)

(“the Company”)

ACCEPTANCE OF 2023 SHARE SCHEME AWARDS

The following directors, associate and officers of the Company have been awarded and have accepted conditional
awards in terms of the Performance Reward Plan (PRP), awards in the Standard Bank Deferred Bonus Scheme
2012 (DBS) and awards in the Standard Bank Share Appreciation Rights Plan (SARP). Awards in the PRP, DBS
and SARP are settled in ordinary shares upon vesting, subject to the outcome of the conditions imposed.

The conditional PRP units awarded are subject to retention, forfeiture, clawback and performance conditions and
vest in accordance with the rules of the PRP.

The DBS units awarded are subject to retention, forfeiture and clawback conditions and vest in accordance with
the rules of the DBS.

The SARP units awarded are subject to retention forfeiture and clawback conditions and vest in accordance with
the rules of the SARP.

Director                               :       Mr. SK Tshabalala

Date award was accepted                :       2023-04-03
Class of Security                      :       Units in respect of ordinary shares
Number of Awards                       :       133 500 in the PRP
                                               127 211 in the SARP
Value at the time of award             :       R29 100 000
Nature of Transaction                  :       Off market acceptance of awards
Nature of interest                     :       Direct beneficial
Clearance to deal                      :       Yes

Director                               :       Dr. A Daehnke

Date award was accepted                :       2023-04-03
Class of Security                      :       Units in respect of ordinary shares
Number of Awards                       :       89 000 in the PRP
                                               20 438 in the DBS
                                               62 359 in the SARP
Value at the time of award             :       R22 175 000
Nature of Transaction                  :       Off market acceptance of awards
Nature of interest                     :       Direct beneficial
Clearance to deal                      :       Yes
Prescribed Officer           :   Mr. AK Fihla

Date award was accepted      :   2023-04-03
Class of Security            :   Units in respect of ordinary shares
Number of Awards             :   77 900 in the PRP
                                 31 143 in the DBS
Value at the time of award   :   R19 600 000
Nature of Transaction        :   Off market acceptance of awards
Nature of interest           :   Direct beneficial
Clearance to deal            :   Yes


Prescribed Officer           :   Ms. M Nienaber

Date award was accepted      :   2023-04-04
Class of Security            :   Units in respect of ordinary shares
Number of Awards             :   77 900 in the PRP
                                 28 362 in the DBS
Value at the time of award   :   R19 100 000
Nature of Transaction        :   Off market acceptance of awards
Nature of interest           :   Direct beneficial
Clearance to deal            :   Yes


Prescribed Officer           :   Ms. FZ Montjane

Date award was accepted      :   2023-04-03
Class of Security            :   Units in respect of ordinary shares
Number of Awards             :   77 900 in the PRP
                                 26 694 in the DBS
Value at the time of award   :   R18 800 000
Nature of Transaction        :   Off market acceptance of awards
Nature of interest           :   Direct beneficial
Clearance to deal            :   Yes


Prescribed Officer           :   Mr. WF Blackie

Date award was accepted      :   2023-04-05
Class of Security            :   Units in respect of ordinary shares
Number of Awards             :   77 900 in the PRP
                                 27 250 in the DBS
Value at the time of award   :   R18 900 000
Nature of Transaction        :   Off market acceptance of awards
Nature of interest           :   Direct beneficial
Clearance to deal            :   Yes



Group Secretary              :   Mr. K Froneman

Date award was accepted      :   2023-04-03
Class of Security            :   Units in respect of ordinary shares
Number of Awards             :   22 300 in the PRP
                                 6 118 in the DBS
Value at the time of award   :   R5 100 000
Nature of Transaction                :      Off market acceptance of awards
Nature of interest                   :      Direct beneficial
Clearance to deal                    :      Yes


Director of a major subsidiary and
Prescribed Officer of the Company    :      Mr. L Fuzile
Major subsidiary                     :      The Standard Bank of South Africa Limited

Date award was accepted              :      2023-04-04
Class of Security                    :      Units in respect of ordinary shares
Number of Awards                     :      77 900 in the PRP
                                            26 138 in the DBS
Value at the time of award           :      R18 700 000
Nature of Transaction                :      Off market acceptance of awards
Nature of interest                   :      Direct beneficial
Clearance to deal                    :      Yes


Associate of a director              :      Ms. Sune Brugman
Director                             :      Dr. A Daehnke

Date award was accepted              :      2023-04-03
Class of Security                    :      Units in respect of ordinary shares
Number of Awards                     :      22 300 in the PRP
Value at the time of award           :      R4 000 000
Nature of Transaction                :      Off market acceptance of awards
Nature of interest                   :      Direct beneficial
Clearance to deal                    :      Yes



Johannesburg
5 April 2023

JSE sponsor
The Standard Bank of South Africa Limited

Namibian sponsor
Simonis Storm Securities (Proprietary) Limited