Directorate Change

RNS Number : 8289P

Investec PLC

22 August 2014

 



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 notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure, Transparency and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

Accordingly we advise of the following:

CHANGES TO THE BOARDS OF INVESTEC PLC AND INVESTEC LIMITED (the "BOARDS" and "INVESTEC")

Appointment of non-executive director

The Boards are pleased to announce the appointment of Zarina Bassa CA (SA) as non-executive director of the Boards, with effect from 01 November 2014.   

Zarina is the executive chairman of Songhai Capital. A former partner of Ernst & Young Inc., she joined the ABSA Group in 2002 and was an executive director and a member of the bank's executive committee, with accountability for private banking. Zarina is a non-executive director of Kumba Iron Ore, Vodacom South Africa, Yebo Yethu, Sun International, Oceana Group, Senwes and Woolworths Holdings and is also a member of the Financial Services Board. She has also previously chaired the Public Accountants' and Auditors' Board and the Auditing Standards Board and has been a member of the JSE GAAP Monitoring Panel.

Save for the directorships listed in the notes, there are no further details required to be disclosed by Rule 9.6.13 of the UK Listing Rules.

Notes:

Current directorships in publicly quoted companies including directorships held at any time in the previous five years:

Zarina Bassa

Kumba Iron Ore Limited

Woolworths Holdings Ltd

Lewis Group Ltd

Sun International Limited

Oceana Group Limited

For further information please contact:

Investec Investor Relations                                                                            

Ursula Nobrega                                                                    

[phone]                

[e-mail]

For further information please contact:

Investec Investor Relations                                                                     

UK: [phone]                                                          

South Africa: [phone]

[e-mail]

About Investec

Investec is an international specialist bank and asset manager that provides a diverse range of financial products and services to a niche client base in three principal markets, the United Kingdom, South Africa and Australia as well as certain other countries. The group was established in 1974 and currently has approximately 8300 employees.

Investec focuses on delivering distinctive profitable solutions for its clients in three core areas of activity namely, Asset Management, Wealth & Investment and Specialist Banking.

In July 2002 the Investec group implemented a dual listed company structure with listings on the London and Johannesburg Stock Exchanges. The combined group's current market capitalisation is approximately GBP4.7bn

Johannesburg and London

22 August 2014

Sponsor:

Investec Bank Limited

 

END

 

 

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