Director/PDMR Shareholding

Investec PLC

15 December 2025

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL JSE hybrid code: INPR JSE debt code: INLV NSX share code: IVD BSE share code: INVESTEC ISIN: ZAE000081949 LEI: 213800CU7SM6O4UWOZ70

Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22

Transactions in Investec plc and Investec Limited Ordinary Shares

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 persons discharging managerial responsibilities (PDMRs) across the group 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 Listings Requirements.

TRANSACTIONS BY PDMRs IN INVESTEC PLC ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marle van der Walt
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 44 413
d)	Aggregated information - Aggregated volume - Price	44 413 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 229,890.57
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lyndon Subroyen
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 292 758
d)	Aggregated information - Aggregated volume - Price	292 758 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 1,515,373.96
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Kahn
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 7 827
d)	Aggregated information - Aggregated volume - Price	7 827 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 40,514.12
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Kahn
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares to settle a tax liability arising from the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 740
d)	Aggregated information - Aggregated volume - Price	740 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 3,380.39
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Kahn
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	Off market take up of shares on vesting of conditional share awards which are subject to retention
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 822
d)	Aggregated information - Aggregated volume - Price	822 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 4,254.84
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marc Kahn
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.2793 69 082
d)	Aggregated information - Aggregated volume - Price	69 082 GBP 5.2793
e)	Date of the transaction	12 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.2793
Total value of transaction	GBP 364,705.23
Highest price	GBP 5.2925
Lowest price	GBP 5.2650
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ruth Leas
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares to settle a tax liability arising from the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 152 803
d)	Aggregated information - Aggregated volume - Price	152 803 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 790,938.89
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ruth Leas
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	Off market take up of shares on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 171 573
d)	Aggregated information - Aggregated volume - Price	171 573 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 888,096.16
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ruth Leas
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.2800 171 573
d)	Aggregated information - Aggregated volume - Price	171 573 GBP 5.2800
e)	Date of the transaction	15 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.2800
Total value of transaction	GBP 905,912.86
Highest price	GBP 5.2850
Lowest price	GBP 5.2800
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Currie
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares to settle a tax liability arising from the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 98 862
d)	Aggregated information - Aggregated volume - Price	98 862 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 511,729.48
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Currie
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	Off market take up of shares on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 120 489
d)	Aggregated information - Aggregated volume - Price	120 489 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 623,675.16
Highest price	N/A
Lowest price	N/A
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Abey Mokgwatsane
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	On market sale of shares to settle a tax liability arising from the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 850
d)	Aggregated information - Aggregated volume - Price	850 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 4,399.77
Highest price	GBP 5.1762
Lowest price	GBP 5.1762
Nature of interest	Direct Beneficial

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Abey Mokgwatsane
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 plc
b)	LEI	2138007Z3U5GWDN3MY22
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 GBP0.0002 each GB00B17BBQ50
b)	Nature of the transaction	Off market take up of shares on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 5.1762 948
d)	Aggregated information - Aggregated volume - Price	948 GBP 5.1762
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	London

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

Volume weighted average price	GBP 5.1762
Total value of transaction	GBP 4,907.04
Highest price	GBP N/A
Lowest price	GBP N/A
Nature of interest	Direct Beneficial

TRANSACTIONS BY DIRECTORS / PDMRs IN INVESTEC LIMITED ORDINARY SHARES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Spencer
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	213800CU7SM6O4UWOZ70
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 on the vesting of conditional share awards from prior periods
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR 117.1600 30 829
d)	Aggregated information - Aggregated volume - Price	30 829 ZAR 117.1600
e)	Date of the transaction	11 December, 2025
f)	Place of the transaction	Johannesburg

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

Volume weighted average price			ZAR 117.1600
Total value of transaction			ZAR 3,611,925.64
Highest price			ZAR 117.1600
Lowest price			ZAR 117.1600
Nature of interest			Direct Beneficial
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Marle van der Walt
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	213800CU7SM6O4UWOZ70
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 on the vesting of forfeitable share award from prior period
c)	Price(s) and volume(s)	Price(s) Volume(s) ZAR 117.8741 12 928
d)	Aggregated information - Aggregated volume - Price	12 928 ZAR 117.8741
e)	Date of the transaction	12 December, 2025
f)	Place of the transaction	Johannesburg

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

Volume weighted average price	ZAR 117.8741
Total value of transaction	ZAR 1,523,876.36
Highest price	ZAR 118.1200
Lowest price	ZAR 117.5300
Nature of interest	Direct Beneficial

Clearance was obtained for the above dealings in securities.

London and Johannesburg

15 December, 2025

Sponsor

Investec Bank Limited

 

END