Inactive Instrument

Nedbank Limited

Equities

NBKP

ZAE000043667

Rand Merchant Bank and Nedbank Limited acquired a 18.14% stake in Tongaat Hulett Limited from Infrastructure Spv Ltd. and Yomoba Spv Ltd. for approximately ZAR 260 million.

May 13, 2019

Rand Merchant Bank and Nedbank Limited (JSE:NBKP) acquired a 18.14% stake in Tongaat Hulett Limited (JSE:TON) from Infrastructure Spv (pty) Ltd. and Yomoba Spv (pty) Ltd. for approximately ZAR 260 million on May 14, 2019. In this transaction, Infrastructure Spv and Yomoba Spv disposed their 10.08% and 8.06% stakes respectively. Rand Merchant Bank and Nedbank have acquired 23.4 million shares of the Tongaat Hulett.

Rand Merchant Bank and Nedbank Limited (JSE:NBKP) completed the acquisition of a 18.14% stake in Tongaat Hulett Limited (JSE:TON) from Infrastructure Spv (pty) Ltd. and Yomoba Spv (pty) Ltd. on May 14, 2019.

Latest news about Nedbank Limited

Nedbank Limited Announces Committee Changes	Apr. 02	CI
Nedbank Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 03	CI
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	Dec. 14	CI
Nedbank Limited and Nedbank Group Limited Announce Executive Changes, Effective 31 May 2024	Nov. 22	CI
Nedbank Group Limited and Nedbank Limited Announce Resignation of Mteto Nyati as Independent Non-Executive Director, Effective on October 9, 2023	23-10-05	CI
Nedbank Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-07	CI
Nedbank Group and Nedbank Announce Board Changes	23-02-14	CI
Tshilidzi Marwala to Step Down as Independent Non-Executive Director of Nedbank Group Limited and Nedbank Limited in 2023	22-08-10	CI
Nedbank Limited Reports Earnings Results for the Half Year Ended June 30, 2022	22-08-09	CI
Nedbank Limited Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-07	CI
S. Africa's economy to grow just 2% next year as power shortages crimp exports	21-12-10	RE
Africa's banks take on telcos in battle for upwardly mobile money	21-12-09	RE
South African rand firmer on early signs Omicron causing mild infections	21-12-06	RE
S.Africa's Nedbank projects 90% increase in full year profit	21-12-06	RE
AfriTin Mining Draws $5.6 Million Facility to Fund Processing Plant Expansion	21-11-26	MT
South Africa's rand falls back as ruling ANC on course for worst-ever election result	21-11-03	RE
South Africa's rand falls on Fed taper bets; stocks rise	21-10-11	RE
Nedbank Group and Nedbank Limited Announces Passing on of Vassi Naidoo, Chairman of the Group, on 28 September 2021	21-09-28	CI
Hospital operator Mediclinic gets Africa's first sustainability-linked loan	21-09-21	RE
South African rand firms as risk aversion subsides	21-08-31	RE
South Africa's rand loses ground as taper talk continues	21-08-12	RE
Nedbank Limited Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-11	CI
South African stocks fall on weaker metals prices	21-08-05	RE
South Africa's rand falls as investors eye Fed meet	21-07-27	RE
South African rand falls on unrest, stocks fall	21-07-15	RE

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Company Profile

Nedbank Limited offers banking solutions. The Company is a subsidiary of Nedbank Group Limited. Its segments include Nedbank Capital, which consists of its investment banking businesses; Nedbank Corporate, which consists of the client-focused businesses of Corporate Banking, Property Finance, as well as Transactional Banking and Corporate Shared Services; Nedbank Retail, which serves the financial needs of individuals and small businesses, it offers banking and assurance products and services; Nedbank Business Banking, which offers commercial banking products and services to companies with an annual turnover of up to R700 million; Nedbank Wealth, which provides financial services through three divisions of Wealth Management, Asset Management and Insurance; the Rest of Africa Division, which is responsible for its banking operations and expansion activities in the rest of Africa, and the Centre, which consists of business operations that provide support services to Nedbank Group Ltd.

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