Director/PDMR Shareholding

RNS Number : 8456X

Investec PLC

21 August 2009

 



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

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

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited 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 and Transparency Rules of the United Kingdom Listing Authority (the 'UKLA') and/or the JSE Listing Requirements.

The Company received notification on the 21st August 2009 of the following changes to attributable interests in the ordinary shares of Investec plc and Investec Limited:

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

Dealings in the securities of Investec plc by a PDMR - Mr. Steven Heilbron

Transaction notified in terms of:	DR3.1.4R(1)(a)
Nature of transaction	Disposal of incentive awards of forfeitable ordinary shares made for no consideration on the 3rd June 2009 under the terms of the Investec 1 Limited Share Incentive Plan
Number of shares	26,000
Transaction price	GBP 3.95 per share
Date and place of transaction	20 August 2009, London

Transaction notified in terms of:	DR3.1.4R(1)(a)
Nature of transaction	Disposal of shares pursuant to the exercise of nil cost options
Number of shares	375,000
Exercise price	GBP 0.00 per share
Transaction price	GBP 4.00 per share
Date and place of transaction	21 August 2009, London

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

Dealings by a Director of Investec plc and Investec Limited - Peter Malungani

In May 2003 Investec Limited announced the acquisition by various black economic empowerment ('BEE') parties of an interest in its issued ordinary shares. Peu Group Limited ('Peu') was one of the BEE parties being a wholly black-owned and managed investment holding company led by Mr Peter Malungani, a member of the board of directors of Investec Limited, Investec plc and Investec Bank Limited. Peu acquired 13,055,555 ordinary shares of which 7,728,890 were indirectly attributed to Peter Malungani. Peu has unwound a portion of its interests in Investec Limited by, inter alia, disposing of 7.5-million Investec Limited ordinary shares.

As a consequence of this transaction by Peu, the following information in relation to Mr. Malungani's indirect beneficial interests is disclosed in compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements:

Sale of shares

Date advised:	21 August 2009
Nature of transaction:	Reduction in attributable interest as a result of the disposal by Peu of 7.5-million Investec Limited ordinary shares
Number of shares:	4,440,000 Investec Limited ordinary shares
Price per share:	ZAR46.44
Nature of interest:	Indirect beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London 

21 August 2009

Sponsor:

Investec Bank Limited

 

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