FirstRand subsidiary acquires shares for staff incentive schemes

FirstRand Bank Ltd (FRB), a wholly-owned subsidiary of FirstRand Limited, has acquired FirstRand shares in the open market as part of its staff share incentive schemes. These transactions occurred over three separate dates in September 2025.

On September 18, 2025, FRB purchased 5,383,937 ordinary shares at a volume-weighted average price of R81.5014, totaling R438,798,366.27. The highest price paid on this day was R81.71, and the lowest was R79.60.

Further purchases were made on September 19, 2025, involving 4,191,289 ordinary shares at an average of R80.9987, amounting to R339,488,960.32. The highest price reached R81.88, with the lowest at R79.62. A final transaction on September 22, 2025, saw the acquisition of 884,911 ordinary shares for R70,425,412.34, at an average price of R79.5847, with prices ranging from R80.86 to R78.94. All transactions were direct beneficial interests.