Director/PDMR Shareholding

RNS Number : 9188L

Investec PLC

24 July 2017

 

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 A PDMR IN INVESTEC LIMITED ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Investec Limited
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 ZAR0.0002 each ZAE000081949
b)	Nature of the transaction	On market sale of 47,057 ordinary shares in order to settle a tax liability following the exercise of nil cost options held in terms of the Investec Limited Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR99.26 47,057
d)	Aggregated information - Aggregated volume - Price	47,057 ZAR99.26
e)	Date of the transaction	20 July 2017
f)	Place of the transaction	Johannesburg

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:

Volume weighted average price	ZAR99.26
Total value of transaction	ZAR4,670,924.88
Highest price	ZAR99.97
Lowest price	ZAR98.60
Nature of interest	Indirect beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Investec Limited
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 ZAR0.0002 each ZAE000081949
b)	Nature of the transaction	Take up of 65,443 shares following the exercise of nil cost options held in terms of the Investec Limited Share Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR99.26 65,443
d)	Aggregated information - Aggregated volume - Price	65,443 ZAR99.26
e)	Date of the transaction	20 July 2017
f)	Place of the transaction	Johannesburg

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:

Volume weighted average price	ZAR99.26
Total value of transaction	ZAR6,495,937.62
Highest price	N/A
Lowest price	N/A
Nature of interest	Indirect beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

24 July 2017

Sponsor:

Investec Bank Limited

 

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