Director/PDMR Shareholding

RNS Number : 3321R

Investec PLC

20 September 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.

1.   Dealings in Securities by a Director - Bernard Kantor

Notification of vesting, sale and take up and retention of Investec Plc Ordinary Shares of GBP0.0002 each held in terms of the Investec Plc Executive Incentive Plan 2013.

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 following the exercise of conditional share awards to satisfy a tax liability arising on vesting of conditional share awards held in terms of the Investec Plc Executive Incentive Plan 2013
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.55 272,103
d)	Aggregated information - Aggregated volume - Price	272,103 GBP5.55
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	London
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	Vesting and retention of shares for a six month period following the exercise of conditional share awards in Investec Plc Ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.55 331,359
d)	Aggregated information - Aggregated volume - Price	331,359 GBP5.55
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	London

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

On market sale:

Volume weighted average price	GBP5.55
Total value of transaction	GBP1,511,376.79
Highest price	GBP5.59
Lowest price	GBP5.50
Nature of interest	Direct Beneficial

Vesting and retention:

Volume weighted average price	GBP5.55
Total value of transaction	GBP1,839,042.45
Highest price	GBP5.59
Lowest price	GBP5.50
Nature of interest	Direct Beneficial

2.   Dealings in Securities by a Director - Glynn Burger

Notification of vesting, sale and take up and retention of Investec PLC Ordinary Shares of GBP0.0002 each held in terms of the Investec PLC Executive Incentive Plan 2013.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Glynn Burger
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 following the exercise of conditional share awards to satisfy a tax liability arising on vesting of conditional share awards held in terms of the Investec Plc Executive Incentive Plan 2013
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.55 281,596
d)	Aggregated information - Aggregated volume - Price	281,596 GBP5.55
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	London

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	Vesting and retention of shares for a six month period following the exercise of conditional share awards in Investec Plc Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.55 321,866
d)	Aggregated information - Aggregated volume - Price	321,866 GBP5.55
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	London

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

On market sale:

Volume weighted average price	GBP5.55
Total value of transaction	GBP1,564,104.99
Highest price	GBP5.59
Lowest price	GBP5.50
Nature of interest	Direct Beneficial

Vesting and retention:

Volume weighted average price	GBP5.55
Total value of transaction	GBP1,786,356.30
Highest price	GBP5.59
Lowest price	GBP5.50
Nature of interest	Direct Beneficial

3.   Dealings in Securities by a Director - Stephen Koseff

Notification of vesting, sale and take up and retention of Investec PLC Ordinary Shares of GBP0.0002 each held in terms of the Investec PLC Executive Incentive Plan 2013:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Koseff
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 following the exercise of conditional share awards to satisfy a tax liability arising on vesting of conditional share awards held in terms of the Investec Plc Executive Incentive Plan 2013
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.55 25,128
d)	Aggregated information - Aggregated volume - Price	25,128 GBP5.55
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	London

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	Vesting and retention of shares for a six month period following the exercise of conditional share awards in Investec Plc Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP5.55 578,334
d)	Aggregated information - Aggregated volume - Price	578,334 GBP5.55
e)	Date of the transaction	19 September 2017
f)	Place of the transaction	London

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

On market sale:

Volume weighted average price	GBP5.55
Total value of transaction	GBP139,516.66
Highest price	GBP5.56
Lowest price	GBP5.54
Nature of interest	Direct Beneficial

Vesting and retention:

Volume weighted average price	GBP5.55
Total value of transaction	GBP3,209,753.70
Highest price	GBP5.59
Lowest price	GBP5.50
Nature of interest	Direct Beneficial

Notification of sale of Investec Limited Ordinary Shares of ZAR0.0002:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Koseff
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 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 (INL Shares) ZAE000081949
b)	Nature of the transaction	On market sale of INL Shares to satisfy tax liability arising on vesting of conditional share awards held in terms of the Investec Plc Executive Incentive Plan 2013
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR99.59 271,558
d)	Aggregated information - Aggregated volume - Price	271,558 ZAR99.59
e)	Date of the transaction	18 September 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	ZAR99.59
Total value of transaction	ZAR27,044,515.53
Highest price	ZAR100.37
Lowest price	ZAR99.15
Nature of interest	Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

20 September 2017

Sponsor:

Investec Bank Limited

 

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