The Nedbank Eyethu Share Ownership Plan forms part of the Nedbank Group's empowerment strategy. It’s banking's first truly broad based Black Economic Empowerment deal, which offers black (as defined by the Financial Sector Charter) South African citizens the ability to acquire shares in one of the country's leading banks - Nedbank.
Since the inception of the Nedbank Eyethu Share Ownership Plan less than two years ago we have paid over R49 million to over 36 000 Eyethu shareholders. In fact, just recently each and every one of our Eyethu shareholders would have received a dividend of R3,50 for each share they hold.
This is the fifth dividend that has been paid to shareholders since the start of the scheme in September 2005 and there are still more to come.Remember that as part of the Eyethu Share Ownership Plan, the money you invested is 100% guaranteed and you will get a bonus share for every three share you hold at the end of three years.
The Nedbank Eyethu Share Ownership Plan is still the most innovative and broad- based BEE plan in the South African retail banking landscape.
If you invested in Nedbank through the Eyethu Share Ownership Plan, it makes perfect business sense to remain part of this successful broad-based BEE deal.
For any further information please call our Eyethu Helpline on 0860 555 130 or email eyethuownershipplan@nedbank.co.za.
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