Update on Pre Close Trading Statement

Investec PLC

08 November 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   LEI: 213800CU7SM6O4UWOZ70

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

 

Investec (comprising Investec plc and Investec Limited) - update on the pre-close trading statement

As part of the dual listed company structure, the boards of Investec plc and Investec Limited (together the "Boards") notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules, and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listings Requirements.

Accordingly, we advise of the following in accordance with paragraph 3.4(b) (iv) of the JSE Listings Requirements and confirms that this announcement contains Inside Information as defined in Article 7 of the Market Abuse Regulation. 

Shareholders are referred to the pre-close trading update for the half year ended
30 September 2023 which was released on SENS and RNS on 22 September 2023 and which contained the following guidance:

	1H2024 range	1H2023
Adjusted EPS - p	35.5 to 37.5	32.9
Basic EPS - p	67.2 to 69.2	50.6
HEPS - p	33.8 to 35.8	32.0

We are pleased to advise that the guidance has been updated as follows:

	1H2024 range	1H2023
Adjusted EPS - p	38.0 to 39.0	32.9
Basic EPS - p	69.0 to 70.0	50.6
HEPS - p	36.5 to 37.5	32.0

The financial information on which this trading statement is based, has not been reviewed and reported by the external auditors.

The interim results for the six months ended 30 September 2023 will be announced on 16 November 2023.

The person responsible for arranging the release of this announcement on behalf of Investec is Nishlan Samujh, Group Finance Director.

By order of the board

08 November 2023

For further information please contact:

Investec Investor Relations

Qaqambile Dwayi

South Africa: [phone]/[phone]

[e-mail]

For media enquiries please contact:

Lansons (UK PR advisers) - Tom Baldock. Tel: [phone]

Brunswick (SA PR advisers) - Graeme Coetzee. Tel: [phone]

 

About Investec

Investec partners with private, institutional, and corporate clients, offering international banking, investments, and wealth management services in two principal markets, South Africa, and the UK, as well as certain other countries. The Group was established in 1974 and currently has 7,300+ employees.

Investec has a dual listed company structure with primary listings on the London and Johannesburg Stock Exchanges.

Johannesburg and London

JSE Equity and Debt Sponsor: Investec Bank Limited

 

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