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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.
Investec received notification on 24 March 2014 of the following transactions in the ordinary shares of Investec plc:
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH.
Dealings in the securities of Investec Limited by a Director - Bradley Fried
Transaction notified in terms of: |
DTR3.1.4R(1)(a) and DTR3.1.4R(1)(c) |
Nature of transaction |
On market sale
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Number of shares |
300,000 |
Volume weighted average selling price |
ZAR82.27 |
Total value of transaction |
ZAR24,681,173.40 |
Highest price |
ZAR83.79 |
Lowest price |
ZAR82.05 |
Nature of interest |
Indirect beneficial |
Date and place of transaction |
24 March 2014, Johannesburg |
Clearance was obtained for the above dealings in securities.
Johannesburg and London
25 March 2014
Sponsor:
Investec Bank Limited