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INVESTEC LIMITED - Transaction by a Director of a major subsidiary in Investec Limited ordinary shares

Release Date: 04/09/2019 16:00
Code(s): INL INP     PDF:  
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Transaction by a Director of a major subsidiary 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”) and persons closely associated with them, 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 Listing Rules and the Disclosure Guidance and Transparency Rules of the United Kingdom Listing
Authority (the “UKLA”) and/or the JSE Listings Requirements.


    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 – Investec Bank Limited

    b)   Initial notification            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    Ordinary shares of ZAR0.0002 each
         instrument, type of

         Identification code             ZAE000081949

    b)   Nature of the transaction       On market sale of shares following the exercise and sale of nil
                                         cost options

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

                                          ZAR78.60                   15,000

    d)   Aggregated information

         - Aggregated volume            15,000

         - Price                        ZAR78.60

    e)   Date of the transaction        03 September 2019

    f)   Place of the transaction       Johannesburg

In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional

    Volume weighted average price             ZAR78.60 per share
    Total value of transaction                ZAR1,179,000.00
    Highest price                             ZAR78.60
    Lowest price                              ZAR78.60
    Nature of interest                        Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London
04 September 2019

Investec Bank Limited

Date: 04/09/2019 04:00:00
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