Director/PDMR Shareholding

RNS Number : 8895N

Investec PLC

06 June 2022

 

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.

On 26 May 2022, the Remuneration Committee of Investec met and agreed the awards to Investec staff. Accordingly, we advise of the following transactions in shares:

TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC ORDINARY SHARES") 

1.  Interests in Investec plc Ordinary Shares - Executive Directors

 On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Share Incentive Plan 2021 (the "Plan).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Fani Titi
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	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 207 883 194 500 167 715
d)	Aggregated information - Aggregated volume - Price	570 098 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by an executive director

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Fani Titi disposed of the following number of forfeitable shares on 6 June 2022.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Fani Titi
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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.86 97,290
d)	Aggregated information - Aggregated volume - Price	97,290 GBP 4.86
e)	Date of the transaction	6 June 2022
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:

Number of shares	97,290
Volume weighted average selling price	GBP 4.86
Total value of transaction	GBP 473,768.44
Highest price	GBP 4.92
Lowest price	GBP 4.80
Nature of interest	Direct beneficial
Date and place of transaction	6 June 2022, London

2.  Interests in Investec plc Ordinary Shares - Executive Directors

 On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nishlan Samujh
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	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 135 124 126 425 109 015
d)	Aggregated information - Aggregated volume - Price	370 564 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by an executive director

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Nishlan Samujh disposed of the following number of forfeitable shares on 6 June 2022.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nishlan Samujh
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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.86 62,563
d)	Aggregated information - Aggregated volume - Price	62,563 GBP 4.86
e)	Date of the transaction	6 June 2022
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:

Number of shares	62,563
Volume weighted average selling price	GBP 4.86
Total value of transaction	GBP 304,660.04
Highest price	GBP 4.92
Lowest price	GBP 4.80
Nature of interest	Direct beneficial
Date and place of transaction	6 June 2022, London

3.  Interests in Investec plc Ordinary Shares - Executive Directors

 On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
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	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 166 307 155 600 134 172
d)	Aggregated information - Aggregated volume - Price	456 079 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by an executive director

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Ciaran Whelan disposed of the following number of forfeitable shares on 6 June 2022.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.86 80,309
d)	Aggregated information - Aggregated volume - Price	80,309 GBP 4.86
e)	Date of the transaction	6 June 2022
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:

Number of shares	80,309
Volume weighted average selling price	GBP 4.86
Total value of transaction	GBP 391,076.88
Highest price	GBP 4.92
Lowest price	GBP 4.80
Nature of interest	Direct beneficial
Date and place of transaction	6 June 2022, London

4.  Interests in Investec plc Ordinary Shares - Executive Directors

 On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Wainwright
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	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 166 307 155 600 134 172
d)	Aggregated information - Aggregated volume - Price	456 079 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by an executive director

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Richard Wainwright disposed of the following number of forfeitable shares on 6 June 2022

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Richard Wainwright
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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.86 74,724
d)	Aggregated information - Aggregated volume - Price	74,724 GBP 4.86
e)	Date of the transaction	6 June 2022
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:

Number of shares	74,724
Volume weighted average selling price	GBP 4.86
Total value of transaction	GBP 363,879.88
Highest price	GBP 4.92
Lowest price	GBP 4.80
Nature of interest	Direct beneficial
Date and place of transaction	06 June 2022, London

5.  Interests in Investec plc Ordinary Shares - PDMRs

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ruth Leas
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 GB00B17BBQ50
b)	Nature of the transaction	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec PLC Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 48 097 63 828 67 086
d)	Aggregated information - Aggregated volume - Price	179 011 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by a PDMR

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Ruth Leas disposed of the following number of forfeitable shares on 1 June 2022

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ruth Leas
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 GB00B17BBQ50
b)	Nature of the transaction	On market sale of ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.84 23,254
d)	Aggregated information - Aggregated volume - Price	23,254 GBP 4.84
e)	Date of the transaction	01 June 2022
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:

Number of shares	23,254
Volume weighted average selling price	GBP 4.84
Total value of transaction	GBP 112,740.04
Highest price	GBP 4.87
Lowest price	GBP 4.82
Nature of interest	Direct beneficial
Date and place of transaction	01 June 2022, London

6.  Interests in Investec plc Ordinary Shares - PDMRs

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

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 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	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 4 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 2, 3 and 4 from award. Subject to 12 month retention period upon vesting 4.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 5 from award. Subject to 6 month retention period upon vesting 5.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 2.5, 3.5 and 5 from award. Subject to 6 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 4.  Nil 5.  Nil 45 826 49 920 45 628 5 323 4 687
d)	Aggregated information - Aggregated volume - Price	151 384 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by a PDMR

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Marc Kahn disposed of the following number of forfeitable shares on 1 June 2022

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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.84 22,157
d)	Aggregated information - Aggregated volume - Price	22,157 GBP 4.84
e)	Date of the transaction	1 June 2022
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:

Number of shares	22,157
Volume weighted average selling price	GBP 4.84
Total value of transaction	GBP 107,421.57
Highest price	GBP 4.87
Lowest price	GBP 4.82
Nature of interest	Direct beneficial
Date and place of transaction	1 June 2022, London

7.  Interests in Investec plc Ordinary Shares - PDMRs

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lyndon Subroyen
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 GB00B17BBQ50
b)	Nature of the transaction	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 42 684 63 352 46 122
d)	Aggregated information - Aggregated volume - Price	152 158 Nil
e)	Date of the transaction	1 June 2022
f)	Place of the transaction	London

Disposal of shares by a PDMR

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Lyndon Subroyen disposed of the following number of forfeitable shares on 6 June 2022

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lyndon Subroyen
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 GB00B17BBQ50
b)	Nature of the transaction	On market sale of ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.89 20,638
d)	Aggregated information - Aggregated volume - Price	20,638 GBP 4.89
e)	Date of the transaction	6 June 2022
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:

Number of shares	20,638
Volume weighted average selling price	GBP 4.89
Total value of transaction	GBP 100,997.77
Highest price	GBP 4.89
Lowest price	GBP 4.89
Nature of interest	Direct beneficial
Date and place of transaction	6 June 2022, London

8.  Interests in Investec plc Ordinary Shares - PDMRs

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).

Details of the person discharging managerial responsibilities / person closely associated
Name	Mark Currie
Reason for the notification
Position/status	PDMR
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Investec plc
LEI	2138007Z3U5GWDN3MY22
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of GBP0.0002 each GB00B17BBQ50
Nature of the transaction	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 38 817 117 336 39 833
Aggregated information - Aggregated volume - Price	195 986 Nil
Date of the transaction	1 June 2022
Place of the transaction	London

Disposal of shares by a PDMR

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Mark Currie disposed of the following number of forfeitable shares on 6 June 2022

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Currie
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 GB00B17BBQ50
b)	Nature of the transaction	On market sale of ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 4.89 18,768
d)	Aggregated information - Aggregated volume - Price	18,768 GBP 4.89
e)	Date of the transaction	6 June 2022
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:

Number of shares	18,768
Volume weighted average selling price	GBP 4.89
Total value of transaction	GBP 91,846.41
Highest price	GBP 4.89
Lowest price	GBP 4.89
Nature of interest	Direct beneficial
Date and place of transaction	6 June 2022, London

9.  Interests in Investec plc Ordinary Shares - Company Secretary

  In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec plc by the Company Secretary:

  On 1 June 2022, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021. These forfeitable share awards vest in three equal tranches in the third, fourth and fifth years from the date of award:

Company Secretary:	Number of Forfeitable shares:
David Miller	10 717

TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC LIMITED ORDINARY SHARES")  

10. Interests in Investec Limited Ordinary Shares - PDMRs

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan 2021 (the "Plan).

Details of the person discharging managerial responsibilities / person closely associated
Name	Stuart Spencer
Reason for the notification
Position/status	PDMR
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Investec Limited
LEI	213800CU7SM6O4UWOZ70
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
Nature of the transaction	1.  Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to the Investec Limited Share Incentive Plan 2021. Issued for nil consideration with immediate vesting 2.  Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 3 from award. 3.  Award of conditional shares representing Long Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 5 from award.
Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 3.  Nil 45 331 44 803 46 385
Aggregated information - Aggregated volume - Price	136 519 Nil
Date of the transaction	1 June 2022
Place of the transaction	Johannesburg

Disposal of shares by a PDMR

The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Stuart Spencer disposed of the following number of forfeitable shares on 2 June 2022

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Spencer
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 ZAE000081949
b)	Nature of the transaction	On market sale of ordinary related forfeitable share awards that vest immediately on award.
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR 95.43 45,331
d)	Aggregated information - Aggregated volume - Price	45,331 ZAR 95.43
e)	Date of the transaction	2 June 2022
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	ZAR 95.43 per share
Total value of transaction	ZAR 4,325,724.47
Highest price	ZAR 95.89
Lowest price	ZAR 95.01
Nature of interest	Direct beneficial

11. Interests in Investec Limited Ordinary Shares - PDMRs

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan 2021 (the "Plan).

Details of the person discharging managerial responsibilities / person closely associated
Name	Henry Blumenthal
Reason for the notification
Position/status	PDMR
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Investec Limited
LEI	213800CU7SM6O4UWOZ70
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
Nature of the transaction	1.  Award of forfeitable shares representing the deferred component of Short Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 3 from award. 2.  Award of forfeitable shares representing Long Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 5 from award.
Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 167 185 68 589
Aggregated information - Aggregated volume - Price	235 774 Nil
Date of the transaction	1 June 2022
Place of the transaction	Johannesburg

12. Interests in Investec Limited Ordinary Shares - Director of major subsidiary

 On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan 2021 (the "Plan).

Details of the person discharging managerial responsibilities / person closely associated
Name	Marle van der Walt
Reason for the notification
Position/status	Director of major subsidiary
Initial notification /Amendment	Initial Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Name	Investec Limited
LEI	213800CU7SM6O4UWOZ70
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
Description of the financial instrument, type of instrument Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
Nature of the transaction	1.  Award of forfeitable shares representing the deferred component of Short Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 3 from award. 2.  Award of forfeitable shares representing Long Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 5 from award.
Price(s) and volume(s)	Price(s) Volume(s) 1.  Nil 2.  Nil 51 442 21 434
Aggregated information - Aggregated volume - Price	72 876 Nil
Date of the transaction	1 June 2022
Place of the transaction	Johannesburg

Interests in Investec Limited Ordinary Shares - Company Secretary

  In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec Limited by the Company Secretary:

  On 1 June 2022, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to The Investec Limited Share Incentive Plan 2021. These forfeitable share awards vest in three equal tranches in the third, fourth and fifth years from the date of award:

Company Secretary:	Number of Forfeitable shares:
Niki van Wyk	10 717

Johannesburg and London

06 June 2022

Sponsor: Investec Bank Limited

 

END

 

 

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