공시 • Feb 11
Nedbank Group Limited, Annual General Meeting, May 29, 2026 Nedbank Group Limited, Annual General Meeting, May 29, 2026. 공시 • Jan 22
Nedbank Group Limited (JSE:NED) made an offer to acquire 66% stake in NCBA Group PLC (NASE:NCBA) from group of shareholders for approximately KES 120 billion. Nedbank Group Limited (JSE:NED) made an offer to acquire 66% stake in NCBA Group PLC (NASE:NCBA) from group of shareholders for approximately KES 120 billion on January 21, 2026. The consideration consists of 43.82 million common equity of Nedbank Group Limited at a ratio of 0.04 per common equity of NCBA Group PLC and KES 22.8 billion in cash.
The Company has sufficient authorized but unissued Nedbank Group Shares available and the aggregate Cash Portion will be funded by existing cash resources.
The transaction is subject to approval by regulatory board / committee, board of directors of NCBA and the Competition Authority of Kenya. The expected completion of the transaction is not later than the third quarter of 2026.
Nedbank Corporate and Investment Banking acted as financial advisor for Nedbank Group Limited. Cliffe Dekker Hofmeyr acted as legal advisor for Nedbank Group Limited. Dyer & Blair Investment Bank Limited acted as Financial advisor to Nedbank Group Limited. 공시 • Dec 18
Bosquet Investments Ltd completed the acquisition of 21.20% stake in Ecobank Transnational Incorporated (NGSE:ETI) from Nedbank Group Limited (JSE:NED) for ZAR 1.7 billion. Bosquet Investments Ltd entered into sale and purchase agreement to acquire 21.20% stake in Ecobank Transnational Incorporated (NGSE:ETI) from Nedbank Group Limited (JSE:NED) for ZAR 1.7 billion on August 13, 2025. A cash consideration of ZAR 1.7 billion will be paid by Bosquet Investments Ltd. As part of consideration, ZAR 1.7 billion is paid towards common equity of Ecobank Transnational Incorporated.
The proposed disposal is subject to the receipt of the requisite regulatory approvals in the relevant jurisdictions. The deal has been approved by the board of Nedbank Group Limited. The expected completion of the transaction is fourth quarter of 2025.
Goldman Sachs International acted as financial advisor for Nedbank Group Limited. Cliffe Dekker Hofmeyr acted as legal advisor for Nedbank Group Limited. LPA Law acted as legal advisor for Bosquet Investments Ltd. Enko Capital Management LLP, Investment Banking Arm acted as financial advisor for Bosquet Investments Ltd. Nedbank Corporate and Investment Banking acted as Sponsor to Nedbank Group in South Africa.
Bosquet Investments Ltd completed the acquisition of 21.20% stake in Ecobank Transnational Incorporated (NGSE:ETI) from Nedbank Group Limited (JSE:NED) on December 17, 2025. Following receipt of all requisite regulatory approvals, Nedbank group has successfully concluded the disposal. 공시 • Dec 03
Nedbank Group Limited to Report Fiscal Year 2025 Results on Mar 03, 2026 Nedbank Group Limited announced that they will report fiscal year 2025 results on Mar 03, 2026 공시 • Nov 28
Nedbank Group and Transnet SOC Limited Agree A Confidential Commercial Settlement of Their Ongoing Litigation Shareholders are advised that Nedbank Group and Transnet SOC Limited (Transnet) have agreed a confidential commercial settlement of their ongoing litigation as noted in the Nedbank Group's Stock Exchange News Service (SENS) announcement that was released on 26 July 2024 (`Update on the Transnet SOC Limited dispute regarding interest rate swap transactions'). The settlement is made without admission of liability and in the interest of avoiding lengthy and costly litigation and damage to their ongoing relationship. Nedbank Group stands by its previous statements in respect of the litigation. Nedbank Group and Transnet have a long-standing business relationship, and the settlement of this litigation allows them to continue to develop this important relationship in the South African national interest and for furtherance of infrastructure investment and economic growth. In terms of the settlement, Nedbank Group has agreed to pay Transnet an amount of ZAR 600 million. Nedbank's payment to Transnet is made without admission of liability and in full and final settlement of the dispute. As previously reported by Nedbank Group, considering internal and independent external reviews commissioned by them, the Nedbank Board and management remain satisfied that Nedbank internal governance procedures at the time were followed in respect of the interest rate swap transactions that were concluded in December 2015 and March 2016, and that there is no evidence of any Nedbank staff dishonesty, corruption or collusion. Nedbank Group will host a preclose investor update on 3 December 2025, where it will reiterate that the group's financial performance for the 10 months to 30 October 2025 was in line with management expectations and on track to deliver on the group's guidance for 2025, when excluding this once off R600m expense. 공시 • Jun 26
Nedbank in Advanced Talks over Stake Sale in ETI Nedbank Group Limited (JSE:NED)'s top brass are in advanced discussions over the group's investment in Central and West Africa via its stake in Ecobank Transnational Incorporated (ETI)" with a possible sale of its stake in the pan-African lender on the cards. Nedbank and ETI formed an alliance in 2008, with Nedbank buying 21% of Ecobank in 2014 for about $500 million. Ecobank has a presence in more than 30 countries, mainly in Central and West Africa. Nedbank on 24 June 2025 said it was still reviewing its investment in ETI. Jason Quinn, who took over from Mike Brown as Nedbank CEO last year, has already indicated that a possible sale of the ETI stake had been well received by investors. "We have announced that we are finalising a strategic review of our financial investment in ETI. Recent engagements with the investment community highlighted strong support should we decide and be able to sell our share," Quinn said in his letter to shareholders, published in the group's 2024 annual report. 공시 • Jun 24
Nedbank Group Limited to Report Q2, 2025 Results on Aug 05, 2025 Nedbank Group Limited announced that they will report Q2, 2025 results on Aug 05, 2025 공시 • May 30
Nedbank Group Limited Approves Appointment of Committee Members Nedbank Group Limited at its AGM held on May 30, 2025 approved appointment of Ms. L Makalima as a member of the Nedbank Group Transformation, Social and Ethics Committee, Dr. MA Hermanus as a member of the Nedbank Group Transformation, Social and Ethics Committee, Mr. JP Quinn as a member of the Nedbank Group Transformation, Social and Ethics Committee, Mr. S Subramoney as a member of the Nedbank Group Transformation, Social and Ethics Committee, Mr. NP Dongwana as a member of the Nedbank Group Audit Committee, Mr. HR Brody as a member of the Nedbank Group Audit Committee, Mr. EM Kruger as a member of the Nedbank Group Audit Committee, Ms. P Langeni as a member of the Nedbank Group Audit Committee, Dr. TM Nombembe as a member of the Nedbank Group Audit Committee. 공시 • May 09
Nedbank Group Announces Changes to Board Committees, Effective Immediately Nedbank Group refers shareholders to the announcement released on SENS on April 29, 2025, regarding the passing of Errol Kruger, which necessitates changes to various board committees of the Group. The appointments are effective immediately: Stanley Subramoney has been appointed as Chair of the Group Credit Committee (GCC) and the Large-exposure Approval Committee (LEAC). Rob Leith has been appointed as Chair of the Group Risk and Capital Management Committee (GRCMC), and Hubert Brody has been appointed as a member of the GRCMC. Shareholders are referred to the announcement released on SENS on April 3, 2025, wherein it was advised that Stanley Subramoney would step down as a member of the Group Directors' Affairs Committee (DAC) on May 30, 2025, given he steps down as Group Audit Committee (GAC) Chair on that date. As a result of his appointment as Chair of the GCC, however, Stanley now remains a member of the DAC. All Board committees remain duly constituted following the above changes. 공시 • Apr 17
Nedbank Group Limited, Annual General Meeting, May 30, 2025 Nedbank Group Limited, Annual General Meeting, May 30, 2025. Location: the boardman auditorium, block g, nedbank 135 rivonia campus, 135 rivonia road, sandown, sandton, South Africa 공시 • Mar 04
Nedbank Group Limited Declares Final Dividend for the Year Ended 31 December 2024, Payable on 14 April 2025 Nedbank Group Limited announced that a final dividend of 1,104 cents per ordinary share has been declared, payable to shareholders for the year ended 31 December 2024. The dividend has been declared from income reserves. Shares commence trading (ex dividend): 9 April 2025. Record date: 11 April, 2025. Payment date: 14 April 2025. 공시 • Dec 11
Nedbank Group Limited to Report Fiscal Year 2024 Results on Mar 04, 2025 Nedbank Group Limited announced that they will report fiscal year 2024 results on Mar 04, 2025 공시 • Sep 05
Nedbank Group and Nedbank Limited Appoints William Mzimba as Independent Non-Executive Director and Member of the Nedbank Group IT Committee with Effect from 1 October 2024 The boards of Nedbank Group and Nedbank Limited announced that Mr. William Mzimba has been appointed as an independent non-executive director and member of the Nedbank Group IT Committee with effect from 1 October 2024. The appointment has been made in terms of the Group's policy on the nomination and appointment of directors. William holds an MBA, BA (Hons) Business Studies, and a Diploma in Datametrics (Computer Science and Statistics). He is an independent non-executive director of Famous Brands Limited. William was previously the Chief Executive Officer of Vodacom Business, a member of the Vodacom Group Exco, Board Member of Vodacom South Africa and IOT.NXT as well as Chairman of Nexio. Prior to that, he was the Chief Executive Officer and Chairman of Accenture in Africa for 12 years. 공시 • Aug 06
Nedbank Group Limited Declares an Interim Dividend for Six Months Ended June 30, 2024, Payable on September 9, 2024 Nedbank Group Limited declared an interim dividend of 971 cents per ordinary share has been declared, payable to shareholders for the 6 months ended 30 June 2024. The relevant dates for the dividend are as follows: Event Last day to trade (cum dividend), 3 September 2024; Shares commence trading (ex dividend), 4 September 2024; Record date (date shareholders recorded, 6 September 2024 in books); Payment date: 9 September 2024. 공시 • Jun 28
Nedbank Group and Nedbank Limited Appoints Mavis (May) Ann Hermanus as Independent Non-Executive Director and Member of the Nedbank Group Sustainability and Climate Resilience Committee, Effective 15 July 2024 As part of the Group's ongoing board continuity planning, the boards of Nedbank Group and Nedbank Limited (the boards) announced that Dr Mavis (May) Ann Hermanus has been appointed as an independent non-executive director and member of the Nedbank Group Sustainability and Climate Resilience Committee with effect from 15 July 2024. The appointment has been made in terms of the Group's policy on the nomination and appointment of directors. May (PhD, Engineering and the Built Environment) is a Visiting Adjunct-Professor at the University of Witwatersrand. For the past 30 years, she has worked on health and safety in mining, environmental protection, and sustainability in Africa. She started as an NGO volunteer and became the head of the National Union of Mineworkers' (NUM) health and safety unit. She also participated in UN's International Labour Organisation forums. She has held many positions, such as Non-executive Director at Aveng Ltd, Director of the Centre for Sustainability in Mining and Industry, Executive Director of CSIR's Natural Research Unit, Chairperson of the Mine Health and Safety Council, the Board of the Mining Qualifications Authority, and Deputy Director-General of the Department of Minerals and Energy for Mine Safety and Health and a variety of other roles locally and internationally. She is the Chairperson of Tshiamiso Trust and was Chairperson of AngloGold's employee share option scheme. May also serves as a director of the Institute for Social Dialogue. 공시 • Apr 03
Nedbank Group and Nedbank Announces Changes to the Boards and Board Committees Nedbank Group Limited announced that Shareholders are referred to the announcement released on SENS on 6 March 2023, advising shareholders that following Brian Dames' conclusion of his nine-year term, his tenure as a director of the Group Boards had been extended for an initial period of one year given the need for continuity on the Group Climate Resilience Committee (which will be renamed the Group Sustainability and Climate Resilience Committee (GSCRC) with effect from 1 April 2024) while the search for additional directors with climate risk expertise was underway. Shareholders are hereby advised that the Group Boards have resolved to extend Mr. Dames' tenure for a further one year whilst the succession process for the GSCRC is being finalised. Shareholders are further advised that: Rob Leith will continue to be a member of the Group Remuneration Committee (Group Remco). Shareholders were previously advised that Mr. Leith would resign from Group Remco on 31 March 2024 - Mr. Leith had initially requested to step down as a member of Group Remco to ensure he had adequate capacity when assuming the role of the Chair of the Group IT Committee which he did from 30 October 2023. He has subsequently confirmed that he does have sufficient available capacity and as such will remain a member of Group Remco; and In addition to his current role as a member of the Group Audit Committee, Terence Nombembe has been appointed as a member of the Group Risk and Capital Management Committee with effect from 1 April 2024. 공시 • Mar 05
Nedbank Group Limited Declares Final Dividend for the Year Ended 31 December 2023, Payable on 15 April 2024 Nedbank Group Limited announced that notice is hereby given that a final dividend of 1,022 cents per ordinary share has been declared, payable to shareholders for the year ended 31 December 2023. The dividend has been declared out of income reserves. Payment date is 15 April 2024. Record date is 12 April 2024. ex dividend is 10 April 2024. 공시 • Dec 14
Nedbank Group Limited and Nedbank Limited Appoints Terence Mncedisi Nombembe as an Independent Non-Executive Director and Member of Nedbank Group Audit Committee, Effective 1 January 2024 In accordance with the Group's ongoing board continuity planning, the boards of Nedbank Group Limited and Nedbank Limited (the Boards) announced the appointment of Terence Mncedisi Nombembe as an independent non-executive director and member of the Nedbank Group Audit Committee with effect from 1 January 2024. The appointment has been made in terms of the Group's policy on the nomination and appointment of directors. Terence (CA(SA)) was the Chief Executive Officer of the South African Institute of Chartered Accountants (SAICA) from 2014 to 2019, and before that he was Auditor-General of South Africa from 2006 to 2013. Terence was most recently a non-executive director of the South African Reserve Bank, having stepped down from that role earlier this year. Honorary awards received by Terence include The Jorg Kandutsch excellence award from the International Organisation of Supreme Audit Institutes (2010), Doctor of Accounting Science by the Walter Sisulu University (2014), UNISA's Chancellor's Calabash Award - Outstanding Alumunus (2014), and an Honorary Member of the Golden Key International Honour Society (2015). 공시 • Nov 24
Nedbank Limited and Nedbank Group Limited Announce Executive Changes, Effective 31 May 2024 Nedbank Limited announced that In accordance with paragraphs 3.59 of the Listings Requirements and 6.39 of the Debt Listings requirements of the JSE Limited and further to the SENS announcement made on 2 June 2023 advising shareholders of the commencement of the succession process for the Chief Executive (CE) of the Group, the Nedbank Group and Nedbank Boards (the Boards) have, subject to regulatory approval, appointed Jason Quinn as CE-designate of Nedbank Group and Nedbank. After completing his notice period with his current employer, he will assume the role of CE on Mike Brown's planned retirement from the Boards at the close of the Nedbank Group annual general meeting currently scheduled for 31 May 2024. Mike will remain at Nedbank for a suitable period after he steps off the Boards to ensure a seamless handover to Jason. Jason (49) (BAcc (Hons), CA(SA)) was most recently the Financial Director of Absa Group Limited and Absa Bank Limited (Absa), having been initially appointed to that role in 2016. Jason joined Absa in 2008 where he held finance roles in the Group and the Retail and Business Bank. He was also the Interim Group Chief Executive Officer of Absa from April 2021 to March 2022. Before Absa, he joined Ernst & Young Inc. in 1992, where he held the role of partner from 2005 to 2008. Conveying his appreciation for Mike's significant contribution as CE since 2010 and prior to that as Chief Financial Officer from 2004, Nedbank Group Chairperson, Daniel Mminele, said `Mike's leadership during the Covid period led to him being awarded the Sunday Times Business Leader of the Year award in 2020, an award based on the outcome of the votes of the CEOs of the top 100 companies listed on the JSE. Mike championed the Group's purpose of using its financial expertise to do good and positively shaped the culture of Nedbank by fostering a culture of diversity and inclusion and the Group has maintained Level 1 BBBEE ratings for the last 5 years. He also led the managed separation from Old Mutual that was successfully concluded in 2018. In a competitive landscape, he spearheaded the bank's digital transformation and innovation agenda, as well as the successful managed-evolution technology rebuild which established Nedbank's credentials as a leader in digital innovation and has resulted in Nedbank achieving the #1 bank rating in client satisfaction (Net Promotor Score) in South Africa. Mike has passionately supported various social and environmental issues by playing a key role in the CEO Initiative, Business Leadership SA where he is Deputy Chairman, and the Banking Association of SA where he was a past Chairman. Mike has also been instrumental in fostering Nedbank's commitment to the green agenda as a strategic imperative, and in championing its social sustainability engagements in the communities serve including Nedbank's leading participation in the Youth Employment Service. When Mike leaves office after 30 years of service, he will have left an indelible imprint on the Group's history. 공시 • Oct 31
Nedbank Group Limited Announces Changes to Board Committees Nedbank Group Limited announced that Phumzile Langeni has been appointed as a member of the Group Remuneration Committee with immediate effect. Rob Leith has been appointed as Chairperson of the Group IT Committee and a member of the Group Directors' Affairs Committee with immediate effect. This follows the resignation of Mteto Nyati (previously Chairperson of the Group IT Committee) from the Nedbank Group Board on 9 October 2023. Rob Leith will step down as a member of the Group Remuneration Committee on conclusion of the current remuneration cycle, being 31 March 2024. 공시 • Oct 07
Nedbank Group Limited and Nedbank Limited Announce Resignation of Mteto Nyati as Independent Non-Executive Director, Effective on October 9, 2023 Shareholders announced that Mteto Nyati has resigned as an independent non-executive director of the Nedbank Group and Nedbank Boards of Directors (Boards) with effect from 9 October 2023 as a result of increased capacity constraints. Mteto accordingly also steps down as a member and chair of the Group IT Committee, and member of the Group Directors' Affairs Committee and Group Risk and Capital Management Committee. All Board committees remain duly constituted following the above changes and a further announcement will be released advising shareholders of the appointment of a chairperson of the Group IT Committee. 공시 • Aug 09
Nedbank Group Limited Declares an Interim Dividend on Ordinary Share, Payable on September 11, 2023 Nedbank Group Limited declared an interim dividend of 871 cents per ordinary share has been declared, payable on September 11, 2023 to shareholders for the six months ended 30 June 2023. The dividend has been declared out of income reserves. The dividend will be subject to a dividend withholding tax rate of 20% (applicable in SA) or 174,2 cents per ordinary share, resulting in a net dividend of 696,8 cents per ordinary share, unless the shareholder is exempt from paying dividend tax or is entitled to a reduced rate in terms of an applicable double-tax agreement. Last day to trade (cum dividend): 5 September 2023. Shares commence trading (ex dividend): 6 September 2023. Record date (date shareholders recorded in books): 8 September 2023. 공시 • Feb 15
Nedbank Group and Nedbank Announce Board Changes Shareholders were advised on 2 December 2021 that Mpho Makwana's term as Non-executive Chairperson of Nedbank Group and Nedbank Limited was planned to end at the Companies' annual general meetings (AGMs) in 2023, and in line with this announcement, Mpho will retire at the close of the Nedbank Group AGM on 2 June 2023. The boards of the Companies announced the appointment of Mr. Daniel Mminele (57) as an independent non-executive director and Chairperson-designate of the Companies. The required regulatory approval for the appointment has been received. The appointment has been made in terms of the Group's policy on the nomination and appointment of directors. Daniel's appointment as an independent non-executive director of the Companies will be effective from 1 May 2023 and the boards of the Companies have resolved to elect Daniel as Chairperson of the Companies immediately following the conclusion of the Nedbank Group AGM scheduled to be held on 2 June 2023. Daniel has significant banking and financial services experience. He is the outgoing Chair of Alexander Forbes Group Holdings Limited and Alexander Forbes Investments Limited (having tendered his resignation with effect from 30 April 2023), a former Chief Executive of ABSA Group and ABSA Bank Limited, and served two 5-year terms as Deputy Governor of the South African Reserve Bank (SARB) where his responsibilities during his second term included Financial Markets, International Economic Relations and Policy, as well as the Human and Operations Cluster. His committee memberships included the Governors' Executive Committee, the Monetary Policy Committee, Financial Stability Committee, Risk Management Committee and the Prudential Committee. Before joining the SARB in September 1999, he worked for African Merchant Bank and Commerzbank in South Africa, and WestLB in the UK and Germany for 12 years. Daniel holds Associate Certificates of the Chartered Institute of Bankers (London) in association with City Polytechnic of London/Guildhall University; and a German Banking Diploma (Bankkaufmann) from Sparkasse Paderborn and the Chamber of Industry and Commerce in Bielefeld (Germany). Daniel also served for the most part of 2022 as Head: Presidential Climate Finance Task Team where he led and coordinated the work to give effect to the Just Energy Transition Partnership, as well as the development of the Just Energy Transition Investment Plan, which was launched in November 2022. Daniel's appointment follows a robust succession process for the Chairperson that commenced early in 2022 and was led by Hubert Brody, Nedbank Group's Lead Independent Director. 공시 • Jan 19
Nedbank Group Limited Announces Resignation of Tshilidzi Marwala as an Independent Non-Executive Director and Therefore as A Member of the Group It Committee, Group Climate Resilience Committee, and Group Transformation, Social and Ethics Committee Nedbank Group Limited announced that on 11 August 2022 that Prof. Tshilidzi Marwala would step down as an independent non-executive director of Nedbank Group and Nedbank in 2023 (and therefore as a member of the Group IT Committee, Group Climate Resilience Committee, and Group Transformation, Social and Ethics Committee) to take up the role as next Rector of the United Nations University headquartered in Tokyo. The date of resignation has now been confirmed as 28 February 2023. 공시 • Dec 07
Nedbank Group Limited to Report First Half, 2023 Results on Aug 08, 2023 Nedbank Group Limited announced that they will report first half, 2023 results on Aug 08, 2023 공시 • Dec 06
Nedbank Group Limited to Report Fiscal Year 2022 Results on Mar 07, 2023 Nedbank Group Limited announced that they will report fiscal year 2022 results on Mar 07, 2023