NED Director Dealings Neutral
NEDBANK GROUP LIMITED - Dealings in Securities
Nedbank Group Limited
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What this filing means
Nedbank Group announced that prescribed officer Ciko Thomas sold 10,000 ordinary shares on the open market for approximately R2.57 million.
Bull case
- The prescribed officer obtained internal clearance to deal, demonstrating adherence to corporate governance protocols.
- The shares were sold at a volume-weighted average price of R256.84.
Bear case
- The transaction involves an on-market disposal of shares by a key executive, totaling over R2.5 million.
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