Investec PLC Director/PDMR Shareholding (8917T)

TIDMINVP

RNS Number : 8917T

Investec PLC

25 March 2019

 
 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") 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.

TRANSACTIONS 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                        Nishlan Samujh 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status             PDMR and director of a major subsidiary 
     --------------------------  ---------------------------------------- 
 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 
                                    ZAE000081949 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   On market sale of shares to cover 
                                   taxation pursuant to the exercise 
                                   and sale of nil cost options exercised 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     ZAR87.00    13,584 
                                                ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          13,584 
 
       - Price                      ZAR87.00 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     22 March 2019 
     --------------------------  ---------------------------------------- 
 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                       ZAR87.00 per share 
 Total value of transaction   ZAR1,181,825.66 
                             ------------------- 
 Highest price                ZAR89.00 
                             ------------------- 
 Lowest price                 ZAR87.00 
                             ------------------- 
 Nature of interest           Direct beneficial 
                             ------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Nishlan Samujh 
     --------------------------  ---------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------- 
 a)   Position/status             PDMR and director of a major subsidiary 
     --------------------------  ---------------------------------------- 
 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 
                                    ZAE000081949 
       Identification code 
     --------------------------  ---------------------------------------- 
 b)   Nature of the transaction   Take up of shares on vesting of nil 
                                   cost options 
     --------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)    Volume(s) 
                                     ZAR87.00    16,416 
                                                ---------- 
     --------------------------  ---------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          16,416 
 
       - Price                      ZAR87.00 
     --------------------------  ---------------------------------------- 
 e)   Date of the transaction     22 March 2019 
     --------------------------  ---------------------------------------- 
 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                       ZAR87.00 per share 
 Total value of transaction   ZAR1,428,213.34 
                             ------------------- 
 Highest price                N/A 
                             ------------------- 
 Lowest price                 N/A 
                             ------------------- 
 Nature of interest           Direct beneficial 
                             ------------------- 
 

Clearance was obtained for the above dealings in securities.

Johannesburg and London

25 March 2019

Sponsor:

Investec Bank Limited

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March 25, 2019 10:00 ET (14:00 GMT)