Director/PDMR Shareholding

RNS Number : 2337O

Investec PLC

17 September 2013

 



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

(together "Investec")

As part of the dual listed company structure, Investec plc and Investec Limited 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.

LONG-TERM INCENTIVE AWARDS OF INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE  "SHARES")

Further to the approval of the Investec plc Executive Incentive plan 2013 (the "Plan") at the General Meeting held on 08 August 2013, Long-term Incentive awards of conditional shares have been made to Stephen Koseff, Bernard Kantor and Glynn Burger, as set out below.

In accordance with the Plan rules, the awards are at nil cost and 75% of the conditional shares will vest on 16 September 2017 and the remaining 25% will vest on 16 September 2018.

Accordingly, in compliance with Disclosure and Transparency Rules 3.1.4R (1) (a), Investec plc advises of the following transactions:

DIRECTOR	NUMBER OF SHARES AWARDED
Stephen Koseff	600,000
Bernard Kantor	600,000
Glynn Burger	600,000

Johannesburg and London

17 September 2013

Sponsor:

Investec Bank Limited

 

END

 

 

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