INVESTEC LIMITED - Transaction by a PDMR and Director of a Major Subsidiary in Investec Limited Ordinary Shares

Transaction by a PDMR and Director of a Major Subsidiary in Investec Limited Ordinary Shares

      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

     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 /Amendment      Initial notification


           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, type of instrument       Ordinary shares of ZAR0.0002 each

                Identification code                  ZAE000081949


           b)   Nature of the transaction            On Market Sale of shares following the exercise and sale
                                                     of nil cost options




Investec Sensitive
     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

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