Will I be able to attend Nedbank AGMs if I’m based in Kenya?

Yes, Nedbank’s AGM is held in person and virtually; and voting will also be conducted virtually.

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Will Nedbank cover my travel costs for me to attend the AGM in South Africa?

No. Attending the AGM in person is for your own expense, but the AGM is held virtually.

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How will I receive shareholder information?

Once you tender into the offer and receive Nedbank shares, your shareholding will be held through a South African CSDP or a custodian. Shareholder information will be sent via your appointed CSDP/broker/custodian. 

Certain shareholder information will be sent via email. In addition to the above, shareholder information is published on Nedbank website in accordance with JSE requirements.

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How will I know if I am due to receive dividends?

Your CSDP/broker will notify you directly. Dividend announcements will also be released on the JSE Stock Exchange News Service (SENS). Dividend information is also published as part of Nedbank’s financial results and on the group’s website.

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Can I receive my dividends in KES?

Nedbank pays dividends in South African Rands. Your broker/custodian/nominee can then convert the funds into KES for you at the spot exchange rate at the date and time of such payment.