Rathbones Combination

Investec PLC

23 June 2023

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL JSE Hybrid code: INPR JSE debt code: INLV NSX share code: IVD BSE share code: INVESTEC ISIN: ZAE000081949 ISIN: ZAE000063814 LEI: 213800CU7SM6O4UWOZ70

Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22

23 June 2023

UPDATE REGARDING INVESTEC WEALTH & INVESTMENT UK AND RATHBONES GROUP PLC COMBINATION

Further to the announcements dated 4 April 2023 (the "Announcements") regarding an all-share combination of Investec Wealth & Investment Limited ("Investec W&I UK") and Rathbones Group Plc ("Rathbones") (the "Combination"), Investec Group is pleased to note today's announcement by Rathbones that, at its general meeting held on 23 June 2023, all resolutions in connection with the Combination were duly passed.

Following approval by Rathbones' shareholders, the Combination remains conditional, among other things, on certain regulatory approvals being obtained.

Completion is expected to occur either late Q3 or early Q4 2023, (subject to regulatory and other approvals).

Sponsor

Investec Bank Limited

Enquiries:

Investec Investor Relations

Tel: [phone]

Qaqambile Dwayi

Brunswick (South Africa PR advisers to Investec Group)

Tel: [phone]

Graeme Coetzee

Lansons (UK PR advisers to Investec Group)

Tel: [phone]

Tom Baldock

 

END