Director/PDMR Shareholding

RNS Number : 0928K

Investec PLC

04 July 2017

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL NSX share code: IVD    BSE share code: INVESTEC ISIN: ZAE000081949

Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP 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) 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 Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTION BY PDMR IN INVESTEC LIMITED ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nishlan Samujh
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	N/A
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 Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
b)	Nature of the transaction	Sale of shares pursuant to the exercise of options held in the Investec Limited Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR96.99 56,250
d)	Aggregated information - Aggregated volume - Price	56,250 ZAR96.99
e)	Date of the transaction	03 July 2017
f)	Place of the transaction	Johannesburg

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following additional information is disclosed in respect of the sale of INL Shares as disclosed above:

Transaction Dated	03 July 2017
Volume weighted average price	ZAR96.99
Total value of transaction	ZAR5,455,642.50
Highest price	ZAR97.15
Lowest price	ZAR96.95
Nature of interest	Direct beneficial

TRANSACTION BY PDMR IN INVESTEC LIMITED ORDINARY SHARES

On 27 May 2014 Investec made forfeitable share awards (being a deferred portion of short term incentive awards) in respect of ordinary shares in the capital of Investec Limited for nil consideration (the "Forfeitable Shares"). These awards vest in three equal tranches over a three year period from the date of award. The shares below are being disposed following vesting.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nishlan Samujh
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	N/A
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 Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
b)	Nature of the transaction	On market sale of shares - following the vesting of the Forfeitable Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR97.00 12,249
d)	Aggregated information - Aggregated volume - Price	12,249 ZAR97.00
e)	Date of the transaction	03 July 2017
f)	Place of the transaction	Johannesburg

In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the following additional information is disclosed in respect of the sale of INL Shares as disclosed above:

Transaction Dated	03 July 2017
Volume weighted average price	ZAR97.00
Total value of transaction	ZAR1,188,165.25
Highest price	ZAR97.00
Lowest price	ZAR97.00
Nature of interest	Direct beneficial

TRANSACTION BY PDMR IN INVESTEC LIMITED ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nishlan Samujh
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	N/A
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 Identification code	Ordinary shares of ZAR0.0002 each ZAE000081949
b)	Nature of the transaction	Take up of a forfeitable share award (being a deferred portion of short term incentive awards) in respect of ordinary shares in the capital of Investec Limited made on 01 June 2015 for nil consideration.
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR97.85 12,729
d)	Aggregated information - Aggregated volume - Price	12,729 ZAR97.85
e)	Date of the transaction	03 July 2017
f)	Place of the transaction	Johannesburg

Clearance was obtained for the above dealings in securities.

Johannesburg and London

04 July 2017

Sponsor:

Investec Bank Limited

 

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