Investec PLC Director/PDMR Shareholding (2967F)

TIDMINVP

RNS Number : 2967F

Investec PLC

19 February 2018

 
 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 Guidance, Transparency Rules and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTION BY A PDMR AND DIRECTOR OF A MAJOR SUBSIDIARY IN INVESTEC LIMITED ORDINARY SHARES

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------- 
 a)   Name                   Richard Wainwright 
---  ---------------------  -------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------- 
 a)   Position/status        PDMR and Director of a major 
                              subsidiary of Investec Limited 
---  ---------------------  -------------------------------- 
 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                    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           Ordinary shares of ZAR0.0002 
       instrument, type        each 
       of instrument 
                               ZAE000081949 
       Identification 
       code 
---  ---------------------  -------------------------------- 
 b)   Nature of the          On Market Sale of shares 
       transaction            following the exercise and 
                              sale of nil cost options 
---  ---------------------  -------------------------------- 
 
 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                   -----------  ---------- 
                                    ZAR101.50    70,813 
                                   -----------  ---------- 
---  -------------------------  -------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         70,813 
 
 
       - Price                     ZAR101.50 
---  -------------------------  -------------------------- 
 e)   Date of the transaction    16 February 2018 
---  -------------------------  -------------------------- 
 f)   Place of the transaction   Johannesburg 
---  -------------------------  -------------------------- 
 

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

 
 Volume weighted average 
  price                       ZAR101.50 per share 
---------------------------  -------------------- 
 Total value of transaction   ZAR7,187,858.64 
---------------------------  -------------------- 
 Highest price                ZAR101.55 
---------------------------  -------------------- 
 Lowest price                 ZAR101.50 
---------------------------  -------------------- 
 Nature of interest           Direct beneficial 
---------------------------  -------------------- 
 

Clearance was obtained for the above dealings in securities.

Johannesburg and London

19 February 2018

Sponsor:

Investec Bank Limited

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 19, 2018 09:04 ET (14:04 GMT)