Director/PDMR Shareholding

RNS Number : 5281W

Investec PLC

12 June 2008

 



Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06   JSE share code: INL   ISIN: ZAE000081949

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

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i) directors of both entities and the respective company secretaries, (ii) persons discharging managerial responsibilities (PDMRs) across the group, and (iii) in certain instances the directors of major subsidiaries of Investec Limited, in the securities of Investec plc and Investec Limited which are required to be disclosed under the Disclosure Rules of the United Kingdom Listing Authority (the 'UKLA') and/or the JSE Listing Requirements.

Investec received notification of the following changes to attributable interests in the ordinary shares of Investec plc and Investec Limited on 11 June 2008 and we accordingly advise of the following:

ATTRIBUTABLE INTERESTS IN THE ORDINARY SHARE CAPITAL OF INVESTEC PLC AND INVESTEC LIMITED 

• TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH. 

1.1    DEALINGS BY DIRECTORS OF INVESTEC PLC AND INVESTEC LIMITED

Director	Mr Stephen Koseff
Transaction notified in terms of:	DR3.1.4R(1)(a) and DR3.1.4R(1)(b)
Nature of transaction	Purchase
Number of shares	100,000
Transaction price	GBP2.99 per share
Date and place of transaction	11 June 2008, London
Shareholding following notification	4,986,633
Percentage of shareholding following notification	1.2 per cent.

     2.  TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH. 

2.1    DEALINGS BY DIRECTORS OF INVESTEC PLC AND INVESTEC LIMITED

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following transactions: 

Director	Mr Bernard Kantor
Nature of transaction	Purchase of European call options in the market
Number of shares / Options	500,000
Nature of interest	Direct beneficial
Option Strike price	ZAR48.27 per share
Expiry Date	11 June 2011
Total consideration paid	ZAR5,520,000
Date and place of transaction	11 June 2008, Johannesburg

Director	Mr Stephen Koseff
Nature of transaction	Purchase of European call options in the market
Number of shares / Options	155,825
Nature of interest	Indirect beneficial
Option Strike price	ZAR48.27 per share
Expiry Date	11 June 2011
Total consideration paid	ZAR1,720,308
Date and place of transaction	11 June 2008, Johannesburg

Director	Mr Glynn Burger
Nature of transaction	Purchase of European call options in the market
Number of shares / Options	63,300
Nature of interest	Indirect beneficial
Option Strike price	ZAR48.27 per share
Expiry Date	11 June 2011
Total consideration paid	ZAR698,832
Date and place of transaction	11 June 2008, Johannesburg

Director	Mr Hugh Herman
Nature of transaction	Purchase of European call options in the market
Number of shares / Options	30,875
Nature of interest	Indirect beneficial
Option Strike price	ZAR48.27 per share
Expiry Date	11 June 2011
Total consideration paid	ZAR340,860
Date and place of transaction	11 June 2008, Johannesburg

2.2    DEALINGS BY A PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ('PDMR')

PDMR	Mr David van der Walt
Nature of transaction	Purchase of European call options in the market
Number of shares / Options	100,000
Nature of interest	Direct beneficial
Option Strike price	ZAR48.27 per share
Expiry Date	11 June 2011
Total consideration paid	ZAR1,104,000
Date and place of transaction	11 June 2008, Johannesburg

Clearance was obtained for the above dealings in securities.

Johannesburg and London 

12 June 2008

Sponsor:

Investec Bank Limited

 

END

 

 

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