Completion of the sale of Kensington

RNS Number : 6370D

Investec PLC

30 January 2015

 



Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: ILRP1 ISIN: ZAE000183216 JSE ordinary share code: INL   NSX ordinary share code: IVD BSE ordinary share code: INVESTEC ISIN: ZAE000081949

Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50

(jointly "Investec")

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure, Transparency and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

30 January 2015

Completion of disposal of the Kensington Group

Investec announces that, further to its previous announcement on 19 December 2014, the sale of Kensington Group Limited (formerly Kensington Group plc) and related assets to Blackstone Tactical Opportunities Advisors L.L.C. and TPG Special Situations Partners has now completed.

For further information please contact:

Investec Investor Relations

UK: [phone]

South Africa: [phone]

[e-mail]

About Investec

Investec is an international specialist bank and asset manager that provides a diverse range of financial products and services to a niche client base in two principal markets, the United Kingdom and South Africa as well as certain other countries. The group was established in 1974 and currently has approximately 8,200 employees.

Investec focuses on delivering distinctive profitable solutions for its clients in three core areas of activity namely, Asset Management, Wealth & Investment and Specialist Banking.

In July 2002 the Investec group implemented a dual listed company structure with listings on the London and Johannesburg Stock Exchanges. The combined group's current market capitalisation is approximately GBP5.1 billion.

 

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