Director/PDMR Shareholding

RNS Number : 6663O
Investec PLC
01 July 2010
 



Investec Limited

Incorporated in the Republic of South Africa

Registration number 1925/002833/06      

JSE share code: INL             

ISIN: ZAE000081949

Investec plc

Incorporated in England and Wales

Registration number 3633621

JSE share code: INP

ISIN: GB00B17BBQ50

 

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 the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

 

 

TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH.

 

(a) Dealings by Directors of Investec plc

 

On 01 July 2010, Investec received notification of the on market sale of shares, as detailed below, following the exercise of options held in terms of the Investec plc Share Matching Plan 2005 granted on 14 November 2005 with an exercise price of nil.

 

Name

Bernard Kantor

Nature of transaction

On market sale

Number of Securities

187,500

Following this notification, Mr Kantor holds options   over 300,000 ordinary shares in Investec plc in terms of the above plan and options over 9,455 Investec plc shares in terms of the Investec plc Share Option Plan 2002 at a strike price of £1.59 per share.

Volume weighted average selling price

GBP4.54

Total value of transaction

GBP852,457.50

Highest price

GBP4.58

Lowest price

GBP4.50

Nature of interest

Direct beneficial

Date and place of transaction

30 June 2010, London

 

 

Name

Glynn Burger

Nature of transaction

On market sale

Number of Securities

150,000

Following this notification, Mr Burger holds options   over 450,000 ordinary shares in Investec plc in terms of the above plan.

Volume weighted average selling price

GBP4.55

Total value of transaction

GBP682,675.05

Highest price

GBP4.58

Lowest price

GBP4.50

Nature of interest

Direct beneficial

Date and place of transaction

30 June 2010, London

 

 

(b) Dealings by a PDMR of Investec plc

 

On 01 July 2010, Investec received notification of the on market sale of shares, as detailed below, following the exercise of options held in terms of the Investec 1 Limited Share Incentive Plan.

 

Name

Hendrik Du Toit

Nature of transaction

On market sale

Number of Securities

30,000

Volume weighted average selling price

GBP4.56

Total value of transaction

GBP137,000.01

Highest price

GBP4.57

Lowest price

GBP4.56

Nature of interest

Direct beneficial

Date and place of transaction

30 June 2010, London

 

 

Clearance was obtained for the above dealings in securities.

 

 

Johannesburg and London

01 July, 2010

 

Sponsor:

Investec Bank Limited


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