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INVESTEC LIMITED - Transactions by PDMR in Investec Limited ordinary shares

Release Date: 30/09/2019 17:30
Code(s): INL INP     PDF:  
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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 Listings
Requirements.

TRANSACTIONS BY PDMRS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH


    1    Details of the person discharging managerial responsibilities / person closely
         associated

    a)   Name                                  Henry Blumenthal


    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

         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)
                                                ZAR80.45                     14,150




    d)   Aggregated information

         - Aggregated volume               14,150


         - Price                           ZAR80.45



    e)   Date of the transaction           27 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
information:

    Volume weighted average price             ZAR80.45 per share
    Total value of transaction                ZAR1,138,499.10
    Highest price                             ZAR80.58
    Lowest price                              ZAR80.35
    Nature of interest                        Direct beneficial


    1    Details of the person discharging managerial responsibilities / person closely
         associated

    a)   Name                               Henry Blumenthal


    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

         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)

                                            ZAR80.45                    17,100




    d)   Aggregated information

         - Aggregated volume               17,100


         - Price                           ZAR80.45



    e)   Date of the transaction           27 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
information:

    Volume weighted average price             ZAR80.45per share
    Total value of transaction                ZAR1,375,695.00
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial


    1    Details of the person discharging managerial responsibilities / person closely
         associated

    a)   Name                               Richard Wainwright


    2    Reason for the notification

    a)   Position/status                   PDMR / Director of a Major Subsidiary (Investec Bank
                                           Limited)

    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

         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)

                                            ZAR80.11                    14,150




    d)   Aggregated information

         - Aggregated volume               14,150


         - Price                           ZAR80.11



    e)   Date of the transaction           27 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
information:

    Volume weighted average price             ZAR80.11 per share
    Total value of transaction                ZAR1,133,641.40
    Highest price                             ZAR80.25
    Lowest price                              ZAR79.73
    Nature of interest                        Direct beneficial


    1    Details of the person discharging managerial responsibilities / person closely
         associated

    a)   Name                               Richard Wainwright
    2    Reason for the notification

    a)   Position/status                   PDMR / Director of a Major Subsidiary (Investec Bank
                                           Limited)

    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

         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)

                                            ZAR80.11                    17,100




    d)   Aggregated information

         - Aggregated volume               17,100


         - Price                           ZAR80.11



    e)   Date of the transaction           27 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
information:

    Volume weighted average price             ZAR80.11 per share
    Total value of transaction                ZAR1,369,881.00
   Highest price                             N/A
   Lowest price                              N/A
   Nature of interest                        Direct beneficial



TRANSACTION BY A PDMR IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH


   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a)   Name                              Steve Elliott


   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 plc


   b)   LEI                               2138007Z3U5GWDN3MY22


   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 GBP0.0002 each

        Identification code               GB00B17BBQ50


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

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

                                           GBP4.20                    31,250




   d)   Aggregated information

        - Aggregated volume               31,250

        - Price                           GBP4.20

   e)   Date of the transaction           26 September 2019
    f)   Place of the transaction            London



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

    Volume weighted average price               GBP4.20 per share
    Total value of transaction                  GBP131,530.56
    Highest price                               GBP4.21
    Lowest price                                GBP4.19
    Nature of interest                          Direct beneficial


TRANSACTION BY A COMPANY SECRETARY IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002
EACH

Transaction by the Company Secretary – David Miller

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

                                               On market sale of shares following the exercise and sale of
 Nature of transaction
                                               nil cost options
 Number of Securities                          3,750
 Volume weighted average selling price         GBP4.20
 Total value of transaction                    GBP15,783.67
 Highest Price                                 GBP4.21
 Lowest Price                                  GBP4.19
 Nature of interest                            Direct beneficial
 Date and place of transaction                 26 September 2019, London


CORRECTION: ANNOUNCEMENT MADE ON 29 MAY 2019

On 29 May 2019, Investec announced that it had made awards of forfeitable shares in respect of ordinary
shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan
2013 to NA Samujh (the Announcement). All details in relation to the awards as disclosed in the
Announcement were correct save that the forfeitable shares were in respect of ordinary shares in the capital
of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan and not in
respect of Investec plc ordinary shares.


Clearance was obtained for the above dealings in securities.

Johannesburg and London
30 September 2019

Sponsor:
Investec Bank Limited

Date: 30/09/2019 05:30:00
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