Director/PDMR Shareholding

Investec PLC

26 May 2023

 

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 24 May 2023, 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 25 May 2023 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following award 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 217 224 220 365 188 236
d)	Aggregated information - Aggregated volume - Price	625 825 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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 151 447 167 860 122 353
d)	Aggregated information - Aggregated volume - Price	441 660 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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 171 596 171 045 150 589
d)	Aggregated information - Aggregated volume - Price	493 230 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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 171 435 170 660 150 589
d)	Aggregated information - Aggregated volume - Price	492 684 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

2.   Interests in Investec plc Ordinary Shares - PDMRs

 On 25 May 2023 and pursuant to the Executive remuneration policy approved by the shareholders, Investec made the following award 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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 67 874 163 044
d)	Aggregated information - Aggregated volume - Price	230 918 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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, relating to the period and designation as 'junior MRT'. Issued for nil consideration with immediate vesting subject to a 12 month retention period. 2.   Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to the Investec plc Share Incentive Plan 2021, relating to the period and designation as 'senior MRT'. Issued for nil consideration with immediate vesting subject to a 12 month retention period. 3.   Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec plc Share Incentive Plan 2021, relating to the period and designation as 'junior MRT'. 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. 4.   Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec plc Share Incentive Plan 2021, relating to the period and designation as 'senior MRT'. 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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 3.   Nil 4.   Nil 12 139 36 550 22 232 70 238
d)	Aggregated information - Aggregated volume - Price	141 159 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 47 059 226 087
d)	Aggregated information - Aggregated volume - Price	273 146 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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	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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 43 847 210 653
d)	Aggregated information - Aggregated volume - Price	254 500 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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 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 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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 46 290 169 559
d)	Aggregated information - Aggregated volume - Price	215 849 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lesley-Anne Gatter
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 a 12 month retention period upon vesting.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 15 993 13 019
d)	Aggregated information - Aggregated volume - Price	29 012 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Abey Mokgwatsane
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 5 from award subject to a 6 month retention period upon vesting.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 21 020 17 954
d)	Aggregated information - Aggregated volume - Price	38 974 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

3.   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 25 May 2023, 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	11 313

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

1.   Interests in Investec Limited Ordinary Shares - Directors of major subsidiaries

 On 25 May 2023 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following 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).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rupesh Govan
2	Reason for the notification
a)	Position/status	Director of Major Subsidiary
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	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.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 18 945
d)	Aggregated information - Aggregated volume - Price	18 945 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	Johannesburg

2.   Interests in Investec Limited Ordinary Shares - PDMRs

 On 25 May 2023 and pursuant to the Executive remuneration policy approved by the shareholders, Investec made the following award 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).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Henry Blumenthal
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	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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 128 219 30 312
d)	Aggregated information - Aggregated volume - Price	158 531 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	Johannesburg

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Joubert Hay
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	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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 76 727 19 892
d)	Aggregated information - Aggregated volume - Price	96 619 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	Johannesburg

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Cumesh Moodliar
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	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.
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.   Nil 2.   Nil 106 394 43 573
d)	Aggregated information - Aggregated volume - Price	149 967 Nil
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	Johannesburg

3.   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 25 May 2023, 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	11 313

On market sale of shares following the release of forfeitable shares

TRANSACTIONS BY A DIRECTOR IN INVESTEC PLC ORDINARY SHARES

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 102,302
d)	Aggregated information - Aggregated volume - Price	102,302 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP435,808.57
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 80,814
d)	Aggregated information - Aggregated volume - Price	80,814 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP344,269.26
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 71,325
d)	Aggregated information - Aggregated volume - Price	71,325 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP303,845.93
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 80,738
d)	Aggregated information - Aggregated volume - Price	80,738 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP343,945.49
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

TRANSACTIONS BY A PDMR IN INVESTEC PLC ORDINARY SHARES

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 31,966
d)	Aggregated information - Aggregated volume - Price	31,966 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP136,175.80
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

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 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 release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 21,802
d)	Aggregated information - Aggregated volume - Price	21,802 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP92,876.96
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 20,652
d)	Aggregated information - Aggregated volume - Price	20,652 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP87,977.93
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Khan
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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 22,931
d)	Aggregated information - Aggregated volume - Price	22,931 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP97,686.52
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 22,164
d)	Aggregated information - Aggregated volume - Price	22,164 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP94,419.08
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lesley-Anne Gatter
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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 7,534
d)	Aggregated information - Aggregated volume - Price	7,534 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP32,094.99
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Abey Mokgwatsane
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 shares following the release of forfeitable shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP4.26 9,901
d)	Aggregated information - Aggregated volume - Price	9,901 GBP4.26
e)	Date of the transaction	25 May 2023
f)	Place of the transaction	London

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

Volume weighted average price	GBP4.26
Total value of transaction	GBP42,178.46
Highest price	GBP4.28
Lowest price	GBP4.22
Nature of interest	Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

26 May 2023

Sponsor:

Investec Bank Limited

 

END