Investec PLC Director/PDMR Shareholding (1836H)

TIDMINVP

RNS Number : 1836H

Investec PLC

05 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.

TRANSACTION BY A DIRECTOR IN INVESTEC PLC ORDINARY SHARES.

Investec has been advised that David van der Walt disposed of the following number of ordinary shares in Investec plc (INP Shares) on 01 and 02 June 2017 in order to settle a tax liabilities related to prior year share awards which have now vested.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name 
                                   David van der Walt 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            PDMR 
---  -------------------------  ------------------------------ 
 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 
       of instrument              GB00B17BBQ50 
 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              On market sale of shares 
       transaction                in order to settle a tax 
                                  liability related to prior 
                                  year share awards which have 
                                  now vested. 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP6.04     5,456 
                                   ----------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information 
 
 
       - Aggregated volume         5,456 
 
 
       - Price                     GBP6.04 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    01 June 2017 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   London 
---  -------------------------  ------------------------------ 
 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 
       of instrument              GB00B17BBQ50 
 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the              On market sale of shares 
       transaction                in order to settle a tax 
                                  liability related to prior 
                                  year share awards which have 
                                  now vested. 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
                                    GBP5.99     17,803 
                                   ----------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information 
 
 
       - Aggregated volume         17,803 
 
 
       - Price                     GBP5.99 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    02 June 2017 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   London 
---  -------------------------  ------------------------------ 
 

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            01 June 2017 
---------------------------  ------------------ 
 Volume weighted average 
  price                       GBP6.04 
---------------------------  ------------------ 
 Total value of transaction   GBP32,968.97 
---------------------------  ------------------ 
 Highest price                GBP6.08 
---------------------------  ------------------ 
 Lowest price                 GBP5.99 
---------------------------  ------------------ 
 Nature of interest           Direct beneficial 
---------------------------  ------------------ 
 
 
 Transaction Dated            02 June 2017 
---------------------------  ------------------ 
 Volume weighted average 
  price                       GBP5.99 
---------------------------  ------------------ 
 Total value of transaction   GBP106,698.72 
---------------------------  ------------------ 
 Highest price                GBP6.04 
---------------------------  ------------------ 
 Lowest price                 GBP5.97 
---------------------------  ------------------ 
 Nature of interest           Direct beneficial 
---------------------------  ------------------ 
 

Clearance was obtained for the above dealings in securities.

Johannesburg and London

05 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 05, 2017 11:00 ET (15:00 GMT)