Investec Ltd: ILRP1 Redeemable Pref Share issue

RNS Number : 4582Q

Investec PLC

14 October 2013

 



Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE Share Code: INL ISIN: ZAE000081949 JSE Share Code: ILRP1 ISIN: ZAE000183216

Investec plc Incorporated in England and Wales Registration number 3633621 JSE share code: INP ISIN: GB00B17BBQ50

INVESTEC LIMITED: FURTHER ISSUE OF Class ILRP1 Redeemable, Non-participating preference shares: ILRPREF1

Shareholders are advised that, following a successful private placement and listing of 217 112 redeemable, cumulative, non-participating preference shares ("Redeemable Preference Shares") on Thursday, 19 September 2013, the JSE Limited ("JSE") has approved the listing of a further  28 842 Redeemable Preference Shares, as Class ILRP1 Redeemable Preference Shares, under Investec Limited's Domestic Medium Term Note and Preference Share Programme dated 4 September 2013, for an aggregate subscription price of R28  921 027.08.

The 28 842 Class ILRP1 Redeemable Preference Shares will be issued to subscribers on a 'delivery-versus-payment' basis on the date of listing being Monday, 21 October 2013 and will be listed on the JSE in the "Preference Shares" sector with abbreviated name "ILRPREF1", with effect from commencement of trade on Monday, 21 October 2013.

Salient features of the Class ILRP1 Redeemable Preference Shares are listed below:

Issuer	Investec Limited
Instrument	Redeemable cumulative non-participating preference shares
Yield	4.85% NACA (57% of Prime as quoted by Investec Bank Limited)
Redemption date	19 March 2017
Issue price per share	R1002.74
Redemption price per share	R1,000.00
JSE Share Code	ILRP1
ISIN	ZAE000183216

14 October 2013

Johannesburg

Sponsor:

Investec Bank Limited

 

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