Investec PLC
04 July 2003
Investec plc
Directors' attributable interests in Investec plc and Investec Limited shares
through a leveraged equity plan called Fintique III.
In order to facilitate the completion of the Black Economic Empowerment ('BEE')
transaction, announced on the 15th May 2003, Fintique III BVI Limited acquired
1,403,741 ordinary shares of £0.001 each in Investec plc as at the 1st July 2003.
At the same time, Fintique III disposed of 1,403,741 ordinary shares of ZAR0.001
each in Investec Limited. Details of this transaction may be found in an
announcement relating to major shareholdings in Investec plc issued on the 3rd
July 2003.
As a consequence of Fintique III's exchange of Investec Limited shares for
Investec plc shares, the directors' indirect beneficial interests in Investec plc
shares have increased, while their indirect beneficial interests in Investec
Limited shares have decreased. The increases in the directors' indirect
beneficial interests in Investec plc's shares are laid out in the table below.
Director Indirect beneficial Percentage of issued Price per
interest class share
S. 54,393 0.073% ZAR100
Koseff
B. 54,393 0.073% ZAR100
Kantor
G. 40,610 0.054% ZAR100
Burger
A. 18,608 0.025% ZAR100
Tapnack
H. 41,349 0.055% ZAR100
Herman
S. 2,955 0.004% ZAR100
Abrahams
D. 4,433 0.006% ZAR100
Jowell
P. 3,694 0.005% ZAR100
Thomas
Following this notification, the directors' total beneficial and non-beneficial
holdings and the total percentage holdings of Investec plc ordinary shares of
£0.001 are as laid out in the table below:
Director Beneficial and non-beneficial Percentage of issued
holdings class
S. Koseff 1,108,249 1.485%
B. Kantor 696,115 0.933%
G. Burger 676,865 0.907%
A. 121,399 0.163%
Tapnack
H. Herman 495,207 0.664%
S. 14,606 0.020%
Abrahams
D. Jowell 95,642 0.128%
P. Thomas 155,322 0.208%
Enquiries:
Investec plc
Richard Vardy, Group Company Secretary
0207 597 4485
This information is provided by RNS
The company news service from the London Stock Exchange
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