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Nedbank Executive Sells R15.8 Million in Shares

1 report, 1 independent Updated Wed 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Nedbank disclosed that Anél Bosman, chief executive of Corporate and Investment Banking, sold 52,500 ordinary shares worth R15.8 million in an on-market transaction on November 5. The shares were sold at prices ranging between R299 and R303.25, with an average price of R301.07 per share.

From namibian.com.na

Why it matters

Some supportBrind's analysis of the reports

The transaction was disclosed in accordance with the Johannesburg Stock Exchange Listings Requirements. The sale represents a personal asset liquidation by a senior executive at Nedbank Group.

From namibian.com.na

Who's involved

  • NedbankThe financial services group that disclosed the executive share sale.
  • BosmanThe chief executive of Corporate and Investment Banking who sold the shares.
  • Johannesburg Stock ExchangeThe stock exchange through which the transaction disclosure was published.

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Coverage

Newest first; wire copies grouped