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Dealings in securities by a director

Published: 2022-12-13 16:33:20 ET
<<<  go to JSE:FSR company page
FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE ordinary share code: FSR; ISIN code: ZAE000066304
NSX ordinary share code: FST
LEI: 529900XYOP8CUZU7R671
(FirstRand)

DEALINGS IN SECURITIES BY A DIRECTOR

In compliance with the JSE Limited Listings Requirements, the following information is disclosed:

Director                                               :     Johan Petrus Burger
Company                                                :     FirstRand
Date of transaction                                    :     8 December 2022
Nature of transaction                                  :     Off-market collar hedge over 900 000 FirstRand
                                                             ordinary shares with a put strike price of R55.82, call
                                                             strike price of R75.06 and expiring on
                                                             8 December 2023
Class of securities                                    :     Ordinary shares
Total value of transaction*                            :     R50 238 000.00
Nature of interest                                     :     Indirect beneficial
Clearance obtained                                     :     Yes

* Executed at the put strike price.

Mr Burger has entered an equity funding arrangement with a financial institution which consists of a
loan agreement securitised by a simultaneous collar hedge and equity lending transaction.

Sandton
13 December 2022

Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)