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

Release Date: 09/03/2021 16:00
Code(s): INL INP     PDF:  
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Transaction by a PDMR and Director of 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 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


    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 to cover taxation pursuant to
                                               the take-up of conditional shares following vesting

    c)   Price(s) and volume(s)
                                                Price(s)                     Volume(s)
                                            ZAR42.98                    16,543




    d)   Aggregated information


         - Aggregated volume               16,543

         - Price                           ZAR42.98

    e)   Date of the transaction           5 March 2021


    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             ZAR42.98 per share
    Total value of transaction                ZAR711,066.11
    Highest price                             ZAR43.41
    Lowest price                              ZAR42.55
    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


    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         Off market take up of shares on vesting of conditional
                                           shares

    c)   Price(s) and volume(s)
                                            Price(s)                    Volume(s)

                                            ZAR42.98                    16,791




    d)   Aggregated information


         - Aggregated volume               16,791

         - Price                           ZAR42.98

    e)   Date of the transaction           5 March 2021


    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             ZAR42.98 per share
    Total value of transaction                ZAR721,725.87
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial


TRANSACTION BY 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                              Stuart Spencer


    2    Reason for the notification

    a)   Position/status                   Director of a major subsidiary


    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 release of
                                            forfeitable shares

    c)   Price(s) and volume(s)
                                             Price(s)                    Volume(s)

                                             ZAR44.20                    16,000




    d)   Aggregated information


         - Aggregated volume                16,000

         - Price                            ZAR44.20

    e)   Date of the transaction            8 March 2021


    f)   Place of the transaction           Johannesburg



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

    Volume weighted average price              ZAR44.20 per share
    Total value of transaction                 ZAR707,200.00
    Highest price                              ZAR44.20 per share
    Lowest price                               ZAR44.20 per share
    Nature of interest                         Direct beneficial




TRANSACTION BY A COMPANY SECRETARY IN INVESTEC LIMITED ORDINARY SHARES OF
ZAR0.0002 EACH

Transaction by the Company Secretary – Niki Van Wyk

The following on market sale is notified in terms of Rules 3.63 – 3.74 of the JSE Listing Requirements:

                                              On market sale of shares following the release of forfeitable
 Nature of transaction
                                              shares.
 Number of Securities                         4,000
 Volume weighted average selling price        ZAR42.98 per share
 Total value of transaction                   ZAR171,931.60
 Highest Price                                ZAR43.41
 Lowest Price                                 ZAR42.55
 Nature of interest                           Direct beneficial
 Date and place of transaction                5 March 2021, Johannesburg


TRANSACTIONS BY A COMPANY SECRETARY IN INVESTEC PLC ORDINARY SHARES OF
GBP0.0002 EACH

Transactions by the Company Secretary – David Miller

The following on market sale is notified in terms of Rules 3.63 – 3.74 of the JSE Listing Requirements:


                                              On Market Sale of shares following the release of forfeitable
 Nature of transaction
                                              shares
 Number of Securities                         4,000
 Volume weighted average selling price        GBP2.14 per share
 Total value of transaction                   GBP8,584.92
 Highest Price                                GBP2.10
 Lowest Price                                 GBP2.17
 Nature of interest                           Direct beneficial
 Date and place of transaction                5 March 2021, London




Clearance was obtained for the above dealings in securities.


Johannesburg and London
9 March 2021

Sponsor:
Investec Bank Limited

Date: 09-03-2021 04:00:00
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