Partial Redemption of ILRP2 Preference Shares

RNS Number : 7216M

Investec PLC

22 January 2016

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE Share Code: ILRP2 ISIN: ZAE000202990 JSE ordinary share code: INL NSX ordinary share code: IVD BSE ordinary 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

INVESTEC LIMITED

Preference share partial redemption announcement

Class ILRP2 redeemable, cumulative non-participating preference shares ("Preference Shares") 

Partial redemption of Preference Shares

Notice is hereby given that 31 431 Preference Shares will be redeemed on
29 January 2016 pursuant to a bespoke offer that was made by Investec Limited to a specific preference shareholder, which offer was accepted by such shareholder, in accordance with clause 46 of the Applicable Pricing Supplement of the Preference Shares.

The early redemption will take place at an amount of 100 417.72141 cents per  Preference Share being a return of capital of 100 000 cents per Preference Share plus accrued dividends in respect of the period from and including 01 January 2016 to, but excluding,  29 January 2016, which amounts to 417.72141 cents per Preference Share.

Salient features of the redemption of the 31 431 Preference Shares are listed below:

Issuer		Investec Limited
Instrument		Redeemable cumulative non-participating preference shares
Early Redemption date Number of shares redeemed Number of shares outstanding post this early redemption		29 January 2016 31 431 282 882
JSE Share Code		ILRP2
ISIN		ZAE000202990

22 January 2016

Johannesburg

Sponsor:

Investec Bank Limited

 

END

 

 

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