Investec PLC Director/PDMR Shareholding (8554H)

TIDMINVP

RNS Number : 8554H

Investec PLC

12 June 2017

 
 Investec Limited                      Investec plc 
  Incorporated in the Republic          Incorporated in England 
  of South Africa                       and Wales 
  Registration number 1925/002833/06    Registration number 3633621 
  JSE share code: INL                   LSE share code: INVP 
  NSX share code: IVD                   JSE share code: INP 
  BSE share code: INVESTEC              ISIN: GB00B17BBQ50 
  ISIN: ZAE000081949 
 

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.

PURCHASE OF INVESTEC LIMITED ORDINARY SHARES.

Investec has been advised that Bernard Kantor made the following purchases of ordinary shares in Investec Limited (INL Shares) on 08 and 09 June 2017:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                      Bernard Kantor 
     ------------------------  ------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------- 
 a)   Position/status           Director 
     ------------------------  ------------------------------ 
 b)   Initial notification      Initial Notification 
       /Amendment 
     ------------------------  ------------------------------ 
 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             Ordinary shares of ZAR0.0002 
       the financial              each 
       instrument, type           ZAE000081949 
       of instrument 
       Identification 
       code 
     ------------------------  ------------------------------ 
 b)   Nature of the             Purchase of ordinary shares 
       transaction 
     ------------------------  ------------------------------ 
 c)   Price(s) and                Price(s)      Volume(s) 
       volume(s)                   ZAR95.6215    75,000 
                                                ---------- 
     ------------------------  ------------------------------ 
 d)   Aggregated information     75,000 
       - Aggregated               ZAR95.6215 
       volume 
       - Price 
     ------------------------  ------------------------------ 
 e)   Date of the transaction   08 June 2017 
     ------------------------  ------------------------------ 
 f)   Place of the              Johannesburg 
       transaction 
     ------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
 a)   Name                      Bernard Kantor 
     ------------------------  ------------------------------ 
 2    Reason for the notification 
     -------------------------------------------------------- 
 a)   Position/status           Director 
     ------------------------  ------------------------------ 
 b)   Initial notification      Initial Notification 
       /Amendment 
     ------------------------  ------------------------------ 
 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             Ordinary shares of ZAR0.0002 
       the financial              each 
       instrument, type           ZAE000081949 
       of instrument 
       Identification 
       code 
     ------------------------  ------------------------------ 
 b)   Nature of the             Purchase of ordinary shares 
       transaction 
     ------------------------  ------------------------------ 
 c)   Price(s) and                Price(s)      Volume(s) 
       volume(s)                   ZAR94.3625    25,000 
                                                ---------- 
     ------------------------  ------------------------------ 
 d)   Aggregated information     25,000 
       - Aggregated               ZAR94.3625 
       volume 
       - Price 
     ------------------------  ------------------------------ 
 e)   Date of the transaction   09 June 2017 
     ------------------------  ------------------------------ 
 f)   Place of the              Johannesburg 
       transaction 
     ------------------------  ------------------------------ 
 

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 INP Shares as disclosed above:

 
 Transaction Dated            08 June 2017 
 Volume weighted average 
  price                       ZAR95.6215 
                             ------------------ 
 Total value of transaction   ZAR7,171,612.5 
                             ------------------ 
 Highest price                ZAR95.9 
                             ------------------ 
 Lowest price                 ZAR94.0 
                             ------------------ 
 Nature of interest           Direct beneficial 
                             ------------------ 
 
 
 Transaction Dated            09 June 2017 
 Volume weighted average 
  price                       ZAR94.3625 
                             ------------------ 
 Total value of transaction   ZAR2,359,062.5 
                             ------------------ 
 Highest price                ZAR94.5 
                             ------------------ 
 Lowest price                 ZAR94.0 
                             ------------------ 
 Nature of interest           Direct beneficial 
                             ------------------ 
 

Clearance was obtained for the above dealings in securities.

Johannesburg and London

12 June 2017

Sponsor:

Investec Bank Limited

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 12, 2017 11:30 ET (15:30 GMT)