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INVESTEC LIMITED - Transactions by a Director in Investec Plc Ordinary Shares

Release Date: 20/06/2023 16:30
Wrap Text
Transactions by a Director in Investec Plc 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
JSE Hybrid code: INPR                                    JSE share code: INP
JSE debt code: INLV                                      ISIN: GB00B17BBQ50
NSX share code: IVD                                      LEI: 2138007Z3U5GWDN3MY22
BSE share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70

TRANSACTIONS BY A DIRECTOR IN INVESTEC PLC ORDINARY SHARES

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 Financial Conduct Authority and/or the JSE Listings Requirements.

Accordingly, we disclose the following trades in Investec shares:



    1   Details of the person discharging managerial responsibilities / person closely
        associated

    a) Name                             Richard John Wainwright

    2   Reason for the notification

    a) Position/status                  Director

    b) Initial notification             Initial notification
       /Amendment

    3   Details of the issuer, emission allowance market participant, auction
        platform, auctioneer or auction monitor

    a) Name                             Investec plc

    b) LEI                              2138007Z3U5GWDN3MY22

    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              Ordinary shares of GBP0.0002 each
       instrument
                                        GB00B17BBQ50
        Identification code
   b) Nature of the transaction        On market sale of shares

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

                                        GBP4.585761               110,144

   d) Aggregated information

        - Aggregated volume             110,144

      - Price                           GBP4.585761
   e) Date of the transaction           19 June 2023

   f)   Place of the transaction        London


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

   Volume weighted average price        GBP4.585761
   Total value of transaction           GBP505,094.06
   Highest price                        GBP4.585761
   Lowest price                         GBP4.585761
   Nature of interest                   Direct beneficial
   1.   Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   b) Initial notification              Initial notification
      /Amendment

   3    Details of the issuer, emission allowance market participant, auction
        platform, auctioneer or auction monitor

   a) Name                              Investec plc

   b) LEI                               2138007Z3U5GWDN3MY22

   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               Ordinary shares of GBP0.0002 each
      instrument
                                        GB00B17BBQ50
        Identification code

   b) Nature of the transaction         On market sale of shares

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

                                        GBP4.628957299            81,567

   d) Aggregated information

        - Aggregated volume             81,567

      - Price                           GBP4.628957299
   e) Date of the transaction           19 June 2023

   f)   Place of the transaction        London


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

   Volume weighted average price        GBP4.628957299
   Total value of transaction           GBP377,570.16
   Highest price                        GBP4.628957299
   Lowest price                         GBP4.628957299
   Nature of interest                   Direct beneficial
TRANSACTIONS BY A DIRECTOR IN INVESTEC LIMITED ORDINARY SHARES

   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   b) Nature of the transaction         On market sale of shares to cover taxation due on
                                        vesting of conditional awards

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

                                        ZAR107.11                41,668

   d) Aggregated information

        - Aggregated volume             41,668

        - Price                         ZAR107.11

   e) Date of the transaction           19 June 2023

   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        ZAR107.11
   Total value of transaction           ZAR4,463,230.32
   Highest price                        ZAR107.75
   Lowest price                         ZAR106.50
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   b) Nature of the transaction         On market sale of shares to cover taxation due on
                                        vesting of conditional awards

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

                                        ZAR107.11                48,517

   d) Aggregated information

        - Aggregated volume             48,517

        - Price                         ZAR107.11
   e) Date of the transaction           19 June 2023

   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        ZAR107.11
   Total value of transaction           ZAR5,196,854.79
   Highest price                        ZAR107.75
   Lowest price                         ZAR106.50
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   b) Nature of the transaction         Off market take up of shares on vesting of
                                        conditional shares

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

                                        ZAR107.11                54,491
   d) Aggregated information

        - Aggregated volume             54,491

        - Deemed Price                  ZAR107.11

   e) Date of the transaction           19 June 2023

   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:

   Deemed total value of transaction    ZAR5,836,531.01
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   b) Nature of the transaction         On market sale of shares to cover taxation due on
                                        vesting of conditional awards.
   c)   Price(s) and volume(s)
                                        Price(s)                 Volume(s)

                                        ZAR107.11                30,000

   d) Aggregated information

        - Aggregated volume             30,000

        - Price                         ZAR107.11

   e) Date of the transaction           19 June 2023

   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        ZAR107.11
   Total value of transaction           ZAR3,213,423.00
   Highest price                        ZAR107.75
   Lowest price                         ZAR106.50
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   b) Nature of the transaction         Off market take up of shares on vesting of
                                        conditional shares

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

                                        ZAR107.11                6,052

   d) Aggregated information

        - Aggregated volume             6,052

        - Price                         ZAR107.11

   e) Date of the transaction           19 June 2023

   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:

   Total value of transaction           ZAR648,229.72
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright

   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   b) Nature of the transaction         On market sale of shares to cover taxation due on
                                        vesting of conditional awards.

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

                                        ZAR107.11                45,995

   d) Aggregated information

        - Aggregated volume             45,995

        - Price                         ZAR107.11

   e) Date of the transaction           19 June 2023

   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        ZAR107.11
   Total value of transaction           ZAR4,926,524.45
   Highest price                        ZAR107.75
   Lowest price                         ZAR106.50
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Richard John Wainwright
 
   2    Reason for the notification

   a) Position/status                   Director

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   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)

                                        ZAR107.11                51,658

   d) Aggregated information

        - Aggregated volume             51,658

        - Price                         ZAR107.11

   e) Date of the transaction           19 June 2023

   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:

   Total value of transaction           ZAR5,533,300.18
   Nature of interest                   Direct beneficial
TRANSACTIONS BY A PDMR IN INVESTEC LIMITED ORDINARY SHARES

  1    Details of the person discharging managerial responsibilities / person closely
       associated

  a) Name                               Niki van Wyk

  2    Reason for the notification

  a) Position/status                    PDMR

  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, type of                Ordinary shares of ZAR0.0002 each
     instrument 
                                        ZAE000081949
       Identification code

  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)

                                        ZAR107.18                8,240

  d) Aggregated information

       - Aggregated volume              8,240

       - Price                          ZAR107.18

  e) Date of the transaction            19 June 2023

  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        ZAR107.18
   Total value of transaction           ZAR883,166.50
   Highest price                        ZAR107.84
   Lowest price                         ZAR106.50
   Nature of interest                   Direct beneficial



   1    Details of the person discharging managerial responsibilities / person closely
        associated

   a) Name                              Niki van Wyk

   2    Reason for the notification

   a) Position/status                   PDMR

   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, type of               Ordinary shares of ZAR0.0002 each
      instrument
                                        ZAE000081949
        Identification code

   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)

                                        ZAR107.18                6,668

   d) Aggregated information

        - Aggregated volume             6,668

        - Price                         ZAR107.18
    e) Date of the transaction          19 June 2023

    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       ZAR107.18
    Total value of transaction          ZAR714,678.91
    Highest price                       ZAR107.84
    Lowest price                        ZAR106.50
    Nature of interest                  Direct beneficial



Clearance was obtained for the above dealings in securities.


Johannesburg and London
20 June 2023

Sponsor:
Investec Bank Limited

Date: 20-06-2023 04:30:00
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