Nedbank executive Sibiya sells shares to cover tax obligations

TG Sibiya, a Group Managing Executive at Nedbank Africa Regions, executed a transaction involving the sale of 11,082 ordinary shares on April 14, 2025. The sale was conducted to cover tax obligations related to the Nedbank Group (2005) Restricted Share Plan. The volume weighted average price per security was ZAR243.87, with the highest price at ZAR244.60 and the lowest at ZAR243.35, resulting in a total value of ZAR2,686,873.06. The transaction occurred on the open market, with Sibiya's interest being indirect beneficial. Clearance to deal was obtained prior to the transaction.