(together "Investec")
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As part of the dual listed company structure, Investec plc and Investec Limited 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) 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 22 January 2015 of the following changes to attributable interests in the ordinary shares of Investec Limited:
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "ORDINARY SHARES").
Transactions by a Director of Investec plc and Investec Limited - Bernard Kantor
Investec received notification of the on market sale of shares, as detailed below, and accordingly we advise of the following changes to attributable interests in the ordinary shares of Investec Limited in compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements:
Nature of transaction |
Sale of shares |
Number of Securities |
700,000 Investec Limited ordinary shares of ZAR0.0002 each |
Volume weighted average selling price |
ZAR96.49 |
Total value of transaction |
ZAR67,543,000.00 |
Highest price |
ZAR97.70 |
Lowest price |
ZAR95.50 |
Nature of interest |
Indirect beneficial |
Interests following notification |
Following the transaction, B. Kantor holds 3,601,000 Investec Limited ordinary shares representing 1.26% of the total issued ordinary share capital of Investec Limited |
Date and place of transaction |
22 January 2015, Johannesburg |
Clearance was obtained for the above dealings in securities.
Johannesburg and London
23 January 2015
Sponsor:
Investec Bank Limited