Director/PDMR Shareholding

RNS Number : 2639Y

Investec PLC

01 March 2017

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL NSX share code: INL    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 Guidance and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES.

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 of Investec Limited (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	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 exercise and sale of nil cost options held in terms of the Investec Limited Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR92.22 per share 112,500
d)	Aggregated information - Aggregated volume - Price	112,500 ZAR92.22
e)	Date of the transaction	28 February 2017
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR92.22
Total value of transaction	ZAR10,374,357.38
Highest price	ZAR92.61
Lowest price	ZAR92.20
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
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 exercise and sale of nil cost options held in terms of the Investec Limited Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR92.15 per share 93,427
d)	Aggregated information - Aggregated volume - Price	93,427 ZAR8,609,400.82
e)	Date of the transaction	28 February 2017
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR92.15
Total value of transaction	ZAR8,609,400.82
Highest price	ZAR92.80
Lowest price	ZAR92.00
Nature of interest	Direct beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ciaran Whelan
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 shares following the exercise of nil cost options held in terms of the Investec Limited Share Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR92.15 per share 262,823
d)	Aggregated information - Aggregated volume - Price	262,823 ZAR24,219,428.56
e)	Date of the transaction	28 February 2017
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR0.00
Total value of transaction	ZAR24,219,428.56
Highest price	ZAR0.00
Lowest price	ZAR0.00
Nature of interest	Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

01 March 2017

Sponsor:

Investec Bank Limited

 

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