Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL NSX share code: INL BSE 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 |
As part of the dual listed company structure, Investec plc and Investec Limited (together "Investec") 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) and persons closely associated with them, 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 Article 19 of the Market Abuse Regulation (Regulation 596/2014), the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.
TRANSACTIONS IN INVESTEC PLC SHARES
Further to the announcements released by Investec plc ("Investec") dated (i) 20 June 2016 entitled "Offer for Purchase of Preference Shares Issued by Investec plc" , (ii) 27 June 2016 entitled "Offer For Purchase of Preference Shares Issued by Investec plc - Amendment to Expected Settlement Date" and (iii) 27 July 2016 entitled "Offer for Purchase of Preference Shares Issued by Investec plc", Investec hereby announces the following changes to directors' attributable interests:
1. Transaction in non-redeemable, non-cumulative, non-participating preference shares of GBP0.01 (the "Sterling Preference Shares") each by a director
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
Stephen Koseff |
||||
2
|
Reason for the notification :
|
|||||
a)
|
Position/status
|
Director |
||||
b)
|
Initial notification /Amendment
|
Initial notification |
||||
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
a)
|
Name
|
Investec plc |
||||
b)
|
LEI
|
|
||||
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|||||
a)
|
Description of the financial instrument, type of instrument
Identification code
|
GB00B19RX541 |
||||
b)
|
Nature of the transaction
|
Acceptance of invitation to tender preference shares for purchase by Investec plc |
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
80,000
GBP5.7509589
|
||||
e)
|
Date of the transaction
|
27 July 2016 |
||||
f)
|
Place of the transaction
|
XCIE |
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
Volume weighted average price |
GBP5.7509589 |
Total value of transaction |
GBP460,076.71 |
Highest price |
GBP5.7509589 |
Lowest price |
GBP5.7509589 |
Nature of interest |
Indirect beneficial |
2. Transactions in non-redeemable, non-cumulative, non-participating preference shares of ZAR0.001 ( the "Rand Preference Shares") by a director
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
a)
|
Name
|
Stephen Koseff |
||||
2
|
Reason for the notification :
|
|||||
a)
|
Position/status
|
Director |
||||
b)
|
Initial notification /Amendment
|
Initial notification |
||||
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|||||
a)
|
Name
|
Investec plc |
||||
b)
|
LEI
|
|
||||
4
|
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
|
|||||
a)
|
Description of the financial instrument, type of instrument
Identification code
|
GB00B4B0Q974 |
||||
b)
|
Nature of the transaction
|
Acceptance of invitation to tender preference shares for purchase by Investec plc |
||||
c)
|
Price(s) and volume(s)
|
|
||||
d)
|
Aggregated information
- Aggregated volume
- Price
|
21,198
ZAR103.3887671
|
||||
e)
|
Date of the transaction
|
27 July 2016 |
||||
f)
|
Place of the transaction
|
XJSE |
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
Volume weighted average price |
ZAR103.3887671 |
Total value of transaction |
ZAR2,191,636.08 |
Highest price |
ZAR103.3887671 |
Lowest price |
ZAR103.3887671 |
Nature of interest |
Indirect beneficial |
3. Transactions in the Rand Preference Shares by a director of a major subsidiary - Bradley Tapnack
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information in relation to dealings by a director of Investec Bank Limited, a major subsidiary of Investec Limited, Bradley Tapnack.
Number of Securities |
5,000 |
Volume weighted average selling price |
ZAR103.3887671 |
Total value of transaction |
ZAR1,033,887.667 |
Highest price |
ZAR103.3887671 |
Lowest price |
ZAR103.3887671 |
Nature of interest |
Direct beneficial |
4. Transactions in the Sterling Preference Shares by a director of a major subsidiary - Bradley Tapnack
Number of Securities |
9,058 |
Volume weighted average selling price |
ZAR108.56315 |
Total value of transaction |
ZAR983,365.03 |
Highest price |
ZAR108.56315 |
Lowest price |
ZAR108.56315 |
Nature of interest |
Indirect beneficial |
Clearance was obtained for the above dealings in securities.
Johannesburg and London
27 July 2016
Sponsor:
Investec Bank Limited