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TR-1: 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: Notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are Investec Plc.
attached:
1b. Please indicate if the issuer is a non-UK issuer
Non-UK issuer
2. Reason for the notification
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):
3. Details of person subject to the notification obligation
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.)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or
23 MAY 2019
reached:
6. Date on which issuer notified (DD/MM/YYYY): 24 MAY 2019
1
7. Total positions of person(s) subject to the notification obligation
% of voting rights
% of voting rights through financial in- Total number of
Total of both in %
attached to shares struments voting rights of
(8.A + 8.B)
(total of 8. A) (total of 8.B 1 + 8.B issuer
2)
Resulting situation
on the date on
which threshold 7.1908% 7.1908% 49 049 644
was crossed or
reached
Position of previ-
ous notification (if 6.1184% 6.1184%
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or
reached
A: Voting rights attached to shares
Class/type of Number of voting rights % of voting rights
shares
ISIN code (if possi- Direct Indirect Direct Indirect
ble) (Art 9 of Directive (Art 10 of Di- (Art 9 of Directive (Art 10 of Di-
2004/109/EC) rective 2004/109/EC) rective
(DTR5.1) 2004/109/EC) (DTR5.1) 2004/109/EC)
(DTR5.2.1) (DTR5.2.1)
GB00B17BBQ50 49 049 644 7.1908%
SUBTOTAL 8. A 49 049 644 7.1908%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Number of voting
Expira- rights that may be ac-
Type of financial Exercise/ % of voting
tion quired if the instru-
instrument Conversion Period rights
date ment is exercised/con-
verted.
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 finan- Expiration Number of % of voting
Conversion cash
cial instrument date voting rights rights
Period settlement
SUBTOTAL
8.B.2
9. Information in relation to the person subject to the notification obligation
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 (under-
lying) issuer
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
entity (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
Name 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
DIVISION OF FIRST RAND
BANK LIMITED ON BEHALF 7.1908% 7.1908%
OF ALLAN GRAY UNIT TRUST
MANAGEMENT (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 information
Place of completion JOHANNESBURG, SOUTH AFRICA
Date of completion 24 MAY 2019
Johannesburg and London
28 May 2019
Sponsor: Investec Bank Limited
Date: 28/05/2019 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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