INVESTEC LIMITED - Transactions by PDMR In Investec Limited ordinary shares.

Transactions by PDMR In Investec Limited ordinary  shares.

Investec Limited                                                  Investec plc
Incorporated in the Republic of South Africa                      Incorporated in England and Wales
Registration number 1925/002833/06                                Registration number 3633621
JSE share code: INL                                               LSE share code: INVP
NSX share code: IVD                                               JSE share code: INP
BSE share code: INVESTEC                                          ISIN: GB00B17BBQ50
ISIN: ZAE000081949

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 OF ZAR0.0002 EACH


    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        Ordinary shares of ZAR0.0002 each (INL Shares)

         Identification code                   ZAE000081949


    b)   Nature of the transaction             On market sale of shares to cover taxation pursuant to
                                               the exercise and sale of nil cost options exercised


    c)   Price(s) and volume(s)
                                                Price(s)                     Volume(s)
                                                ZAR77.97                      20,428




    d)   Aggregated information

         - Aggregated volume               20,428


         - Price                           ZAR77.97



    e)   Date of the transaction           23 August 2019


    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             ZAR77.97 per share
    Total value of transaction                ZAR1,592,846.74
    Highest price                             ZAR78.00
    Lowest price                              ZAR77.90
    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                   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    Ordinary shares of ZAR0.0002 each (INL Shares)

         Identification code               ZAE000081949


    b)   Nature of the transaction         Take up of shares on vesting of nil cost options


    c)   Price(s) and volume(s)
                                            Price(s)                    Volume(s)

                                            ZAR77.97                    23,322




    d)   Aggregated information

         - Aggregated volume               23,322


         - Price                           ZAR77.97



    e)   Date of the transaction           23 August 2019


    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             ZAR77.97 per share
    Total value of transaction                ZAR1,818,502.63
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial
TRANSACTION BY A COMPANY SECRETARY IN INVESTEC LIMITED ORDINARY SHARES OF
ZAR0.0002 EACH

Transaction by the Company Secretary – Niki Van Wyk

The following on market sale is notified in terms of Rules 3.63 – 3.74 of the JSE Listing Requirements:

 Nature of transaction                        Take up of shares on vesting of nil cost options
 Number of Securities                         3,750
 Volume weighted average selling price        ZAR77.55 per share
 Total value of transaction                   ZAR290,812.50
 Highest Price                                N/A
 Lowest Price                                 N/A
 Nature of interest                           Direct beneficial
 Date and place of transaction                23 August 2019, Johannesburg




Clearance was obtained for the above dealings in securities.

Johannesburg and London
27 August 2019

Sponsor:
Investec Bank Limited

Date: 27/08/2019 05:00:00
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