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

Release Date: 11/02/2020 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) 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.

TRANSACTION BY A DIRECTOR OF A MAJOR SUBSIDIARY IN INVESTEC LIMITED ORDINARY
SHARES OF ZAR0.0002 EACH


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

    a)   Name                                  Stuart Spencer


    2    Reason for the notification

    a)   Position/status                       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 following the release of
                                               forfeitable shares.

    c)   Price(s) and volume(s)
                                                Price(s)                     Volume(s)
                                            ZAR85.82                    33,333




    d)   Aggregated information

         - Aggregated volume               33,333


         - Price                           ZAR85.82



    e)   Date of the transaction           07 February 2020


    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             ZAR85.82 per share
    Total value of transaction                ZAR2,860,811.39
    Highest price                             ZAR86.00
    Lowest price                              ZAR85.80
    Nature of interest                        Direct beneficial



Clearance was obtained for the above dealings in securities.

Johannesburg and London
11 February 2020

Sponsor:
Investec Bank Limited

Date: 11-02-2020 04:00:00
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