INVESTEC LIMITED - Transactions in Investec Limited ordinary shares

Transactions 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.


    1. TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the
       “INVESTEC LIMITED ORDINARY SHARES”)

   1.1 Award of conditional shares in Investec Limited ordinary shares to Directors of a Major Subsidiary

     On 5 June 2020, Investec made conditional share awards in respect of ordinary shares in the capital
     of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan. These
     conditional share awards vest in one tranche, one year from the date of award:

     1    Details of the director of a major subsidiary

     a)   Name                              Stuart Spencer

     2    Reason for the notification

     a)   Position/status                   Director of a major subsidiary

     b)   Initial notification           Initial Notification
          /Amendment
     3    Details of the issuer, emission allowance market participant, auction platform,
          auctioneer or auction monitor

     a)   Name                              Investec Limited

     b)   LEI                               N/A

     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      Ordinary shares of ZAR0.0002 each
          instrument, type of
          instrument

          Identification code               ZAE000081949

     b)   Nature of the transaction         Award of 123,610 conditional shares for nil
                                            consideration to vest one year from date of award.

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

                                      Nil           123,610

     d)   Aggregated information
          - Aggregated volume        123,610

          - Price                    Nil
     e)   Date of the transaction    5 June 2020

     f)   Place of the transaction   Johannesburg



Johannesburg and London
11 June 2020

Sponsor:
Investec Bank Limited

Date: 11-06-2020 04:15:00
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