Investec Limited Purchase Programme

RNS Number : 3122O

Investec PLC

31 January 2023

 

Investec Limited   Incorporated in the Republic of South Africa   Registration number 1925/002833/06   JSE share code: INL   JSE hybrid code: INPR   JSE debt code: INLV   NSX share code: IVD   BSE share code: INVESTEC   ISIN: ZAE000081949   LEI: 213800CU7SM6O4UWOZ70

Investec plc   Incorporated in England and Wales   Registration number 3633621   LSE share code: INVP   JSE share code: INP   ISIN: GB00B17BBQ50   LEI: 2138007Z3U5GWDN3MY22

INVESTEC LIMITED PURCHASE OF INVESTEC PLC ORDINARY SHARES AND REPURCHASE OF INVESTEC LIMITED ORDINARY SHARES  

Further to the share purchase program announced on 21 November 2022, the following purchases were made:  

Investec Limited purchases of Investec PLC ordinary shares - JSE  

Investec Limited (the Company) announces today it has purchased the following number of Investec plc's ordinary shares of 0.0002 pence each through Investec Markets Proprietary Limited.  

Date of purchase:   23 January 2023 - 27 January 2023  

Aggregate number of ordinary shares purchased:   440 987

Lowest price paid per share   R 110.0000  

Highest price paid per share     R110.0000  

Average price paid per share     R110.0000  

The Company intends to treat the shares as if they were treasury shares in the consolidated annual financial statements of the Investec Group.   

Since 3rd of October, the Company has purchased 14,925,193 shares at a cost (including dealing and associated costs) of R1,485,461,270.13.

The table below contains detailed information about the purchases made as part of the programme.   

Schedule of Purchases   

Shares purchased:   440,987 (ISIN: GB00B17BBQ50)   

Date of purchases:   23 January 2023 - 27 January 2023  

Investment firm:   Investec Markets Proprietary Limited  

Aggregate information  

Venue	Volume-weighted average price	Aggregated volume	Lowest price per share	Highest price per share
JSE	R110.0000	440,987	R110.0000	R110.0000

Investec Limited purchases of Investec PLC ordinary shares - LSE, BATS Europe, Chi-X  

Investec Limited (the Company) announces today it has purchased the following number of Investec plc's ordinary shares of 0.0002 pence each through Investec Markets Proprietary Limited.   

Date of purchase:     23 January 2023 - 27 January 2023  

Aggregate number of ordinary shares purchased:   476,138

Lowest price paid per share     516.4000 pence  

Highest price paid per share     518.8000 pence  

Average price paid per share     518.4038 pence  

Since 3rd of October 2022, the Company has purchased 19,569,580 shares at a cost (including dealing and associated costs) of £95,352,039.75.

The table below contains detailed information about the purchases made as part of the programme.   

Schedule of Purchases   

Shares purchased:   476,138 (ISIN: GB00B17BBQ50)   

Date of purchases:   23 January 2023 -27January 2023  

Investment firm:   Investec Markets Proprietary Limited   

Aggregate information:  

Venue	Volume-weighted average price	Aggregated volume	Lowest price per share	Highest price per share
London Stock Exchange (pence)	518.1361	243,513	516.4000	518.8000
BATS Europe (pence)	518.2792	121,458	517.2000	518.8000
Chi-X(pence)	518.2864	111,167	517.2000	518.8000

Investec Limited repurchases of Investec Limited ordinary shares - JSE  

Investec Limited (the Company) announces today it has purchased the following number of Investec Limited's ordinary shares of R0.0002 each through Investec Markets Proprietary Limited.  

Date of purchase:   23 January 2023 - 27 January 2023  

Aggregate number of ordinary shares purchased:   510,066

Lowest price paid per share   R108.6000

Highest price paid per share     R110.0000

Average price paid per share   R109.4134

The repurchased Investec Limited shares will be cancelled and reinstated as authorised but unissued shares in the share capital of Investec Limited.  

Since 21st of November 2022, the Company has purchased 7,268,590 shares at a cost (including dealing and associated costs) of R763,415,878.34 .

Investec Limited, in discussions with its broker has agreed that on any given trading day a buyback of shares or acquisition of Investec plc shares under the Programme may exceed 25% of the average daily trading volume on each trading platform on which the respective shares are traded. Where a buyback or acquisition of shares exceeds 25% of the average daily trading volume on any trading platform, Investec Limited will not fall within the exemption contained in Article 5(1) MAR.

31 January 2023  

Financial Advisor, Corporate Broker and JSE Sponsor:   

 

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