Investec PLC Director/PDMR Shareholding (5672C)

TIDMINVP

RNS Number : 5672C

Investec PLC

01 October 2018

 
 Investec Limited                         Investec plc 
  Incorporated in the Republic of South    Incorporated in England and 
  Africa                                   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) across the group, 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 and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTIONS BY PDMR IN INVESTEC LIMITED ORDINARY SHARES.

Ciaran Whelan entered into a zero premium collar on the 5(th) September 2016 and the information in relation to that collar was announced in a regulatory announcement on 6(th) September 2016. Investec have been advised Ciaran has adjusted the strike in relation to call options sold over 338,333 Investec Limited ordinary shares. All other aspects of the zero premium collar remain unchanged. Accordingly we advise of the following:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                    Ciaran Whelan 
     --------------------------  ------------------------------------------- 
 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 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,        Ordinary shares of ZAR0.0002 each 
       type of instrument           (INL Shares) 
 
       Identification code          ZAE000081949 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Zero premium collar -adjustment of 
                                   the strike price of call options 
                                   over 338,333 Investec Limited ordinary 
                                   shares sold on 5 September 2016. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)            Volume(s) 
                                     CALL OPTIONS: 
                                      ADJUSTMENT OF 
                                      STRIKE PRICE TO 
                                      ZAR120.00          338,333 
                                                        ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
 
       - Price                      CALL OPTIONS - STRIKE PRICE OF ZAR120.00 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     28 September 2018 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Johannesburg 
     --------------------------  ------------------------------------------- 
 

TRANSACTIONS BY PDMR IN INVESTEC PLC ORDINARY SHARES.

Ciaran Whelan entered into a zero premium collar on the 5(th) September 2016 and the information in relation to that collar was announced in a regulatory announcement on 6(th) September 2016. Investec have been advised Ciaran has adjusted the strike in relation to call options sold over 61,257 Investec plc ordinary shares. All other aspects of the zero premium collar remain unchanged. Accordingly we advise of the following:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name 
                                    Ciaran Whelan 
     --------------------------  ------------------------------------------- 
 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 the 
       financial instrument,        Ordinary shares of GBP0.0002 each 
       type of instrument           (INP Shares) 
 
       Identification code          GB00B17BBQ50 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Zero premium collar -adjustment of 
                                   the strike price of call options 
                                   over 61,257 call options over Investec 
                                   plc ordinary shares sold on 5 September 
                                   2016. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)           Volume(s) 
                                     CALL OPTION - 
                                      ADJUSTMENT OF 
                                      STRIKE PRICETO 
                                      ZAR120.00         61,257 
                                                       ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
 
       - Price                      CALL OPTIONS - STRIKE PRICE OF ZAR120.00 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     28 September 2018 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Johannesburg 
     --------------------------  ------------------------------------------- 
 

Clearance was obtained for the above dealings in securities.

Johannesburg and London

01 October 2018

Sponsor:

Investec Bank Limited

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October 01, 2018 11:00 ET (15:00 GMT)