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FIRSTRAND LIMITED — Director's Dealing 2026
Mar 17, 2026
48723_rns_2026-03-17_b334655b-4cdd-4527-a861-a999a7df6260.pdf
Director's Dealing
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FIRSTRAND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1966/010753/06)
JSE share code: FSR; ISIN: ZAE000066304
NSX share code: FST
JSE company code interest rate issuer: FSDI
LEI: 529900XYOP8CUZU7R671
(FirstRand)
DEALINGS BY DIRECTORS, PRESCRIBED OFFICERS AND THE COMPANY SECRETARY IN TERMS OF THE FIRSTRAND 2024 BONUS SHARE OWNERSHIP SCHEME (BSOP)
In accordance with the JSE Limited Listings Requirements, shareholders are advised that FirstRand has acquired 4 603 524 ordinary shares on the open market in order to satisfy the obligations of the BSOP and the share awards granted to BSOP participants in September 2025. The acquired shares have been transferred to the participants' restricted accounts, pre-tax and less the cost of acquisition. These shares are deferred and only vest in September 2027, at which point the total value of the shares will be subject to income tax deductions.
The ordinary shares were acquired at a volume-weighted average price (VWAP) of R89.19 per ordinary share. with the total transaction value amounting to R 410 588 305.56. The daily VWAP, highest price and lowest price for the various trades by FirstRand is detailed below. Clearance to trade has been obtained.
| Date of trade | Number of ordinary shares acquired | VWAP (cents per share) | Highest price paid (cents per share) | Lowest price paid (cents per share) |
|---|---|---|---|---|
| 11-Mar-26 | 2 689 424 | 8 979 | 9 173 | 8 874 |
| 12-Mar-26 | 1 603 207 | 8 851 | 8 943 | 8 790 |
| 13-Mar-26 | 310 893 | 8 744 | 8 800 | 8 702 |
Allocations to executive directors, prescribed officers and the company secretary are detailed below.
(1)
| Executive Director | : | Mary Vilakazi |
|---|---|---|
| Company | : | FirstRand |
| Nature of transaction | : | On-market purchase of restricted ordinary shares |
| Class of securities | : | Ordinary shares |
| Total number of restricted ordinary shares | : | 117 297 |
| Total value of award | : | R10 461 719.43 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
(2)
| Executive Director | : | Markos George Davias |
|---|---|---|
| Company | : | FirstRand |
| Nature of transaction | : | On-market purchase of ordinary shares |
| Class of securities | : | Ordinary shares |
| Total number of restricted ordinary shares | : | 89 369 |
| Total value of award | : | R7 970 821.11 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
(3)
| Prescribed Officer | : | Hetash Surendrakumar Kellan |
|---|---|---|
| Company | : | FirstRand |
| Nature of transaction | : | On-market purchase of ordinary shares |
| Class of securities | : | Ordinary shares |
| Total number of restricted ordinary share | : | 100 540 |
| Total value of award | : | R8 967 162.60 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
(4)
| Prescribed Officer | : | Emmarentia Aletta Brown |
|---|---|---|
| Company | : | FirstRand |
| Nature of transaction | : | On-market purchase of ordinary shares |
| Class of securities | : | Ordinary shares |
| Total number of restricted ordinary shares | : | 102 887 |
| Total value of award | : | R9 176 491.53 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
(5)
| Company Secretary | : | Carnita Low |
|---|---|---|
| Company | : | FirstRand |
| Nature of transaction | : | On-market purchase of ordinary shares |
| Class of securities | : | Ordinary shares |
| Total number of restricted ordinary shares | : | 27 927 |
| Total value of award | : | R2 490 809.13 |
| Nature of interest | : | Direct beneficial |
| Clearance obtained | : | Yes |
Sandton
17 March 2026
Sponsor
Rand Merchant Bank (a division of FirstRand Bank Limited)
Debt sponsor
FirstRand Bank Limited