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INVESTEC LIMITED - Notification of major holdings

Release Date: 19/11/2021 15:00
Code(s): INL INP     PDF:  
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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                                       LEI: 2138007Z3U5GWDN3MY22
LEI: 213800CU7SM6O4UWOZ70

      As part of the dual listed company structure, Investec plc and Investec Limited (together “Investec”) notify
      both the London and Johannesburg Stock Exchanges of matters which are required to be disclosed under
      the Disclosure Guidance and Transparency Rules and the Listing Rules of the Financial Conduct Authority
      (the “FCA”) and/or the JSE Listings Requirements.

      Accordingly, we advise of the receipt of the following TR-1 notification:

NOTIFICATION OF MAJOR HOLDINGS



1a. Identity of the issuer or the underlying issuer of
                                                                                       INVESTEC PLC
existing shares to which voting rights are attached:

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):

3. Details of person subject to the notification obligation

Name                                                             PUBLIC INVESTMENT CORPORATION SOC LIMITED

City and country of registered office (if applicable)            PRETORIA, 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
                                                                 17/11/2021
reached:

6. Date on which issuer notified (DD/MM/YYYY):                   19/11/2021

7. Total positions of person(s) subject to the notification obligation

                                                       % of voting rights
                           % of voting rights                                                          Total number of
                                                       through financial          Total of both in %
                           attached to shares                                                          voting rights of
                                                          instruments                (8.A + 8.B)
                              (total of 8. A)                                                          issuer
                                                    (total of 8.B 1 + 8.B 2)
Resulting situation
on the date on which
                                12.307%                                               12.307%             696 082 618
threshold was
crossed or reached
Position of previous
notification (if                13.083%                                               13.083%
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 possible)           Direct                  Indirect                    Direct                  Indirect
                            (Art 9 of Directive     (Art 10 of Directive        (Art 9 of Directive     (Art 10 of Directive
                              2004/109/EC)            2004/109/EC)           2004/109/EC) (DTR5.1)        2004/109/EC)
                                 (DTR5.1)               (DTR5.2.1)                                          (DTR5.2.1)
Ordinary Shares                85 664 344                                           12.307%




SUBTOTAL 8. A                               85 664 344                                           12.307%



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         Expiration     Exercise/                         that may be acquired if
                                                                                                       % of voting rights
instrument                date           Conversion Period                 the instrument is
                                                                           exercised/converted.




                                         SUBTOTAL 8. B 1                             NIL                           NIL



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        cash                                  % of voting rights
instrument          datex                                                  voting rights
                                     Period            settlement




                                                               SUBTOTAL
                                                                                           NIL                     NIL
                                                               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

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         X
(please add additional rows as necessary)
                                                                 % of voting rights
                                  % of voting rights if it       through financial       Total of both if it equals
           Name                  equals or is higher than     instruments if it equals    or is higher than the
                                 the notifiable threshold       or is higher than the      notifiable threshold
                                                                notifiable threshold
PUBLIC INVESTMENT
CORPORATION SOC                          12.307%                                                 12.307%
LIMITED




10. In case of proxy voting, please identify:

Name of the proxy holder                                     N/A

The number and % of voting rights held                       N/A

The date until which the voting rights will be held          N/A




11. Additional information
Name: REITUMETSE KAU
E-Mail: Reitumetse.Kau@pic.gov.za
TEL: 0127423747



 Place of completion        PRETORIA, SOUTH AFRICA

 Date of completion         19 November 2021

Johannesburg and London
19 November 2021
Sponsor: Investec Bank Limited

Date: 19-11-2021 03:00:00
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