Director/PDMR Shareholding

RNS Number : 5672C

Investec PLC

01 October 2018

 

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) 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 Article 19 of the Market Abuse Regulation (Regulation 596/2014), the Disclosure Guidance and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTIONS BY PDMR IN INVESTEC LIMITED ORDINARY SHARES.

Ciaran Whelan entered into a zero premium collar on the 5^th September 2016 and the information in relation to that collar was announced in a regulatory announcement on 6^th September 2016. Investec have been advised Ciaran has adjusted the strike in relation to call options sold over 338,333 Investec Limited ordinary shares. All other aspects of the zero premium collar remain unchanged. Accordingly we advise of the following:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
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	213800CU7SM6O4UWOZ70
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	Zero premium collar -adjustment of the strike price of call options over 338,333 Investec Limited ordinary shares sold on 5 September 2016.
c)	Price(s) and volume(s)	Price(s) Volume(s) CALL OPTIONS: ADJUSTMENT OF STRIKE PRICE TO ZAR120.00 338,333
d)	Aggregated information - Price	CALL OPTIONS - STRIKE PRICE OF ZAR120.00
e)	Date of the transaction	28 September 2018
f)	Place of the transaction	Johannesburg

TRANSACTIONS BY PDMR IN INVESTEC PLC ORDINARY SHARES.

Ciaran Whelan entered into a zero premium collar on the 5^th September 2016 and the information in relation to that collar was announced in a regulatory announcement on 6^th September 2016. Investec have been advised Ciaran has adjusted the strike in relation to call options sold over 61,257 Investec plc ordinary shares. All other aspects of the zero premium collar remain unchanged. Accordingly we advise of the following:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
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 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 (INP Shares) GB00B17BBQ50
b)	Nature of the transaction	Zero premium collar -adjustment of the strike price of call options over 61,257 call options over Investec plc ordinary shares sold on 5 September 2016.
c)	Price(s) and volume(s)	Price(s) Volume(s) CALL OPTION - ADJUSTMENT OF STRIKE PRICETO ZAR120.00 61,257
d)	Aggregated information - Price	CALL OPTIONS - STRIKE PRICE OF ZAR120.00
e)	Date of the transaction	28 September 2018
f)	Place of the transaction	Johannesburg

Clearance was obtained for the above dealings in securities.

Johannesburg and London

01 October 2018

Sponsor:

Investec Bank Limited

 

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