(together "Investec")
|
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.
On 21 December 2015, Investec received notification on of the following transaction as detailed below:
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH
Transactions by a Director - Stephen Koseff
The following on market sales are notified in terms of Rules 3.63 - 3.74 of the JSE Listing Requirements.
Number of Securities |
150,000 |
Volume weighted average price |
ZAR108.75 |
Total value of transaction |
ZAR 16,313,775.00 |
Highest price |
ZAR109.05 |
Lowest price |
ZAR108.24 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
17 December 2015, Johannesburg |
Number of Securities |
150,000 |
Volume weighted average price |
ZAR105.55 |
Total value of transaction |
ZAR 15,832,785.00 |
Highest price |
ZAR107.35 |
Lowest price |
ZAR104.43 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
18 December 2015, Johannesburg |
Following the transactions above, Mr. Koseff holds 1,234,399 Investec Limited ordinary shares representing 0.42% of the total issued ordinary share capital of Investec Limited. In addition to the holdings in Investec Limited ordinary shares disclosed above, Mr. Koseff also holds 5,274,035 Investec plc ordinary shares.
Clearance was obtained for the above dealings in securities.
Johannesburg and London
21 December 2015
Sponsor:
Investec Bank Limited