Director/PDMR Shareholding

RNS Number : 9096G

Investec PLC

01 June 2017

 

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 (together "Investec") 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) and persons closely associated with them, 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 Article 19 of the Market Abuse Regulation (Regulation 596/2014), the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTION BY A DIRECTOR IN INVESTEC PLC ORDINARY SHARES.

Investec has been advised that B Kantor disposed of the following number of ordinary shares in Investec plc (INP Shares) on 30 May 2017 in order to settle a tax liability related to prior year share awards which have now vested. 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Bernard Kantor
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Investec plc
b)	LEI	2138007Z3U5GWDN3MY22
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares in order to settle a tax liability related to prior year share awards which have now vested.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP6.13140 34,431
d)	Aggregated information - Aggregated volume - Price	34,431 GBP6.13140
e)	Date of the transaction	30 May 2017
f)	Place of the transaction	London

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following additional information is disclosed in respect of the sale of 34,431 INP Shares as disclosed above:

Volume weighted average price	GBP6.13140
Total value of transaction	GBP211,110.23
Highest price	GBP6.183
Lowest price	GBP6.105
Nature of interest	Direct beneficial

TRANSACTION BY A PDMR IN INVESTEC LIMITED ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Kahn
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Investec Limited
b)	LEI	N/A
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
b)	Nature of the transaction	On Market Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR103.8970 8,908
d)	Aggregated information - Aggregated volume - Price	8,908 ZAR103.8970
e)	Date of the transaction	29 May 2017
f)	Place of the transaction	Johannesburg

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:

Volume weighted average price	ZAR103.8970
Total value of transaction	ZAR925,514.48
Highest price	ZAR104.46
Lowest price	ZAR103.40
Nature of interest	Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

01 June 2017

Sponsor:

Investec Bank Limited

 

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