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TR-1: Standard form for notification of major holdings
Investec Limited Investec plc
Incorporated in the Republic of South Africa Incorporated in England 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
(jointly “Investec”)
As part of the dual listed company structure, Investec plc and Investec Limited notify both the
London Stock Exchange and the JSE Limited of matters which are required to be disclosed under
the Disclosure Guidance and Transparency Rules and the Listing Rules of the United Kingdom
Listing Authority (the “UKLA”) and/or the JSE Listing Requirements.
Accordingly, we advise of the receipt of the following TR-1 notification:
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)i
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are at- Investec PLC
tachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
ALLAN GRAY UNIT TRUST MANAGEMENT (RF)
Name
PROPRIETARY LIMITED
City and country of registered office (if applicable) Cape Town, South Africa.
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or
8 April 2020
reachedvi:
6. Date on which issuer notified (DD/MM/YYYY): 9 April 2020
1
7. Total positions of person(s) subject to the notification obligation
% of voting rights
% of voting rights at- Total number of
through financial instru- Total of both in %
tached to shares (to- voting rights of is-
ments (8.A + 8.B)
tal of 8. A) suervii
(total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which
6.9804% 6.9804% 48 589 245
threshold was
crossed or reached
Position of previous
notification (if 7.1908% 7.1908%
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reachedviii
A: Voting rights attached to shares
Class/type of Number of voting rightsix % of voting rights
shares
ISIN code (if possible) Direct Indirect Direct Indirect
(Art 9 of Directive (Art 10 of Directive (Art 9 of Directive (Art 10 of Directive
2004/109/EC) (DTR5.1) 2004/109/EC) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.2.1) (DTR5.2.1)
GB00B17BBQ50 48 589 245 6.9804%
SUBTOTAL 8. A 48 589 245 6.9804%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Number of voting rights
Type of financial in- Expiration Exercise/ that may be acquired if
% of voting rights
strument datex Conversion Periodxi the instrument is exer-
cised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
Exercise/ Physical or
Type of financial Expiration Number of
Conversion Pe- cash % of voting rights
instrument datex voting rights
riod xi settlementxii
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation (please mark the
applicable box with an “X”)
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv
(please add additional rows as necessary)
% of voting rights
% of voting rights Total of both if it
through financial in-
if it equals or is equals or is higher
Namexv struments if it equals
higher than the no- than the notifiable
or is higher than the
tifiable threshold threshold
notifiable threshold
RAND MERCHANT BANK – A DI-
VISION OF FIRST RAND BANK
LIMITED ON BEHALF OF ALLAN 6.9804% 6.9804%
GRAY UNIT TRUST MANAGE-
MENT (RF) (PTY) LTD
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
Place of completion JOHANNESBURG, SOUTH AFRICA
Date of completion 9 April 2020
Johannesburg and London
14 April 2020
Sponsor: Investec Bank Limited
Date: 14-04-2020 01:05:00
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