Director/PDMR Shareholding

RNS Number : 8552Q

Investec PLC

02 December 2016

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL NSX share code: IVD    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 BY DIRECTOR IN INVESTEC PLC ORDINARY SHARES.

G Burger disposed of the following number of shares on 01 December 2016. A portion of the shares were disposed of in order to settle a tax liability related to a prior year share award.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Burger
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	n/a
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	Ordinary shares of GBP0.0002 each (INP Shares) GB00B17BBQ50
b)	Nature of the transaction	Sale of 221,503 INP Shares for GBP5.04  per share
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.04 221,503
d)	Aggregated information - Aggregated volume - Price	221,503 GBP5.04
e)	Date of the transaction	01 December 2016
f)	Place of the transaction	Johannesburg

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following additional information is disclosed in respect of the sale of 249 269 INP Shares as disclosed above:

Volume weighted average price	GBP5.04
Total value of transaction	GBP1,116,375.12
Highest price	GBP5.04
Lowest price	GBP5.04
Nature of interest	Direct beneficial
Nature of the transaction	On-market

Clearance was obtained for the above dealings in securities.

Johannesburg and London

2 December 2016

Sponsor:

Investec Bank Limited

 

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