Director/PDMR Shareholding

RNS Number : 9626N

Investec PLC

26 May 2020

 

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 Guidance, Transparency Rules and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listings Requirements.

TRANSACTION BY PDMR IN INVESTEC LIMITED ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Blumenthal
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	213800CU7SM6O4UWOZ70
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 shares to cover taxation due on vesting of conditional awards.
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR31.99 56,595
d)	Aggregated information - Aggregated volume - Price	56,595 ZAR31.99
e)	Date of the transaction	22 May 2020
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR31.99 per share
Total value of transaction	ZAR1,810,824.94
Highest price	ZAR32.51 per share
Lowest price	ZAR31.50 per share
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Blumenthal
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	213800CU7SM6O4UWOZ70
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	Off market take up of shares on vesting of conditional shares
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR31.99 68,405
d)	Aggregated information - Aggregated volume - Price	68,405 ZAR31.99
e)	Date of the transaction	22 May 2020
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR31.99 per share
Total value of transaction	ZAR2,188,700.06
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Blumenthal
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	213800CU7SM6O4UWOZ70
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 shares to cover taxation due on vesting of conditional awards.
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR31.99 28,298
d)	Aggregated information - Aggregated volume - Price	28,298 ZAR31.99
e)	Date of the transaction	22 May 2020
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR31.99 per share
Total value of transaction	ZAR905,428.47
Highest price	ZAR32.51 per share
Lowest price	ZAR31.50 per share
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Blumenthal
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	213800CU7SM6O4UWOZ70
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	Off market take up of shares on vesting of conditional shares
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR31.99 34,202
d)	Aggregated information - Aggregated volume - Price	34,202 ZAR31.99
e)	Date of the transaction	22 May 2020
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR31.99 per share
Total value of transaction	ZAR1,094,334.03
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

26 May 2020

Sponsor:

Investec Bank Limited

 

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