Investec PLC Director/PDMR Shareholding (5161I)

TIDMINVP

RNS Number : 5161I

Investec PLC

19 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.

Investec was advised on 19 June 2017 that Glynn Burger disposed of the following number of ordinary shares in Investec plc (INP Shares) on 14 June 2017.

TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------- 
 a)   Name                      Glynn Burger 
---  ------------------------  ------------------------------ 
 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 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             Ordinary shares of GBP0.0002 
       the financial              each 
       instrument, type           GB00B17BBQ50 
       of instrument 
       Identification 
       code 
---  ------------------------  ------------------------------ 
 b)   Nature of the             On market sale of ordinary 
       transaction               shares 
---  ------------------------  ------------------------------ 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------- 
                                   GBP5.86     450,000 
                                  ----------  ---------- 
---  ------------------------  ------------------------------ 
 d)   Aggregated information     450,000 
       - Aggregated               GBP5.86 
       volume 
       - Price 
---  ------------------------  ------------------------------ 
 e)   Date of the transaction   14 June 2017 
---  ------------------------  ------------------------------ 
 f)   Place of the              London 
       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            14 June 2017 
---------------------------  ------------------ 
 Volume weighted average 
  price                       GBP5.86 
---------------------------  ------------------ 
 Total value of transaction   GBP2,638,089 
---------------------------  ------------------ 
 Highest price                GBP5.88 
---------------------------  ------------------ 
 Lowest price                 GBP5.84 
---------------------------  ------------------ 
 Nature of interest           Direct beneficial 
---------------------------  ------------------ 
 

TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH

Transactions by the Company Secretary - David Miller

The following on market sale is notified in terms of Rules 3.63 - 3.74 of the JSE Listing Requirements:

 
 Nature of transaction         On Market Sale of shares following 
                                the exercise and sale of nil 
                                cost options 
----------------------------  ----------------------------------- 
 Number of Securities          23,750 
----------------------------  ----------------------------------- 
 Volume weighted average       GBP 5.83 per share 
  selling price 
----------------------------  ----------------------------------- 
 Total value of transaction    GBP 138,492.92 
----------------------------  ----------------------------------- 
 Highest Price                 GBP 5.85 
----------------------------  ----------------------------------- 
 Lowest Price                  GBP 5.83 
----------------------------  ----------------------------------- 
 Nature of interest            Direct beneficial 
----------------------------  ----------------------------------- 
 Date and place of             19 June 2017, London 
  transaction 
----------------------------  ----------------------------------- 
 

Clearance was obtained for the above dealings in securities.

Johannesburg and London

19 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 19, 2017 11:47 ET (15:47 GMT)