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Director's Dealings
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
(together “Investec”)
As part of the dual listed company structure, Investec plc and Investec Limited 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) across the group, 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 the Disclosure and
Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE
Listing Requirements.
Accordingly, we advise of the following changes to attributable interests in the ordinary shares
of Investec plc and Investec Limited:
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE
“INVESTEC PLC ORDINARY SHARES”)
Award of forfeitable shares to the executive directors
On the 27 May 2014, Investec made forfeitable share awards in respect of ordinary shares in
the capital of Investec plc for nil consideration pursuant to the Investec plc Executive
Incentive Plan 2013 (the “Plan”). These forfeitable share awards vest as follows: 25% will vest
immediately on award and are subject to a six month retention period, with the remaining
forfeitable shares vesting in three equal tranches (each subject to a six month retention
period) over a three year period from the date of award:
Executive Directors Number of forfeitable shares
Stephen Koseff 305,427
Bernard Kantor 305,427
Glynn Burger 274,419
The forfeitable shares which vest immediately on award (25%) incur a tax liability. In order to
settle this liability the executive directors disposed of the following number of forfeitable
shares on 27 May 2014:
Dealings in the securities of Investec plc by a director - Mr Bernard Kantor
Transaction notified in terms of: DTR3.1.4R(1)(a)
Security Investec plc ordinary shares of GBP0.0002 each
Nature of transaction On market sale
Number of shares 36,057
Volume weighted average selling GBP 5.0461
price
Total value of transaction GBP 181,947.01
Highest price GBP 5.055
Lowest price GBP 5.035
Nature of interest Direct beneficial
Date and place of transaction 27 May 2014, London
Dealings in the securities of Investec plc by a director - Mr Glynn Burger
Transaction notified in terms of: DTR3.1.4R(1)(a)
Security Investec plc ordinary shares of GBP0.0002 each
Nature of transaction On market sale
Number of shares 31,028
Volume weighted average selling GBP 5.0372
price
Total value of transaction GBP 156,294.92
Highest price GBP 5.055
Lowest price GBP 5.035
Nature of interest Direct beneficial
Date and place of transaction 27 May 2014, London
Following the above transactions, the executive directors’ interests in the ordinary share
capital of Investec plc is as follows:
Executive Directors Aggregate holding after these transactions
Stephen Koseff 4,894,782
Bernard Kantor 327,350
Glynn Burger 2,645,526
Award of nil cost options in Investec plc ordinary shares
On the 27 May 2014, Investec made awards in respect of nil cost options in the capital of
Investec plc for nil consideration pursuant to its Long Term Incentive Plan (“LTIP”). In terms of
the LTIP plan rules, 75% of the options are exercisable on 27 May 2018 and the remaining
25% of the options are exercisable on 27 May 2019, on condition that the participant is still
employed by Investec. The awards are in accordance with the determination of the
Remuneration Committee and with the rules of the LTIP plan.
In accordance with Disclosure and Transparency Rules (“DTR”) 3.1.4R (1) (a), Investec plc
advises of the following changes to the interests in Investec shares by PDMRs
PDMR NUMBER OF OPTIONS AWARDED
Stephen Elliott 175,000
David van der Walt 175,000
Allen Zimbler 100,000
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the
following changes to attributable interests in Investec plc by the Company Secretary:
NUMBER OF OPTIONS AWARDED
David Miller 25,000
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the
“INVESTEC LIMITED ORDINARY SHARES”)
Award of nil cost options in Investec Limited ordinary shares
On the 27 May 2014, Investec made awards in respect of nil cost options in the capital of
Investec Limited for nil consideration pursuant to its Long Term Incentive Plan (“LTIP”). In
terms of the LTIP plan rules, 75% of the options are exercisable on 27 May 2018 and the
remaining 25% of the options are exercisable on 27 May 2019, on condition that the
participant is still employed by Investec. The awards are in accordance with the determination
of the Remuneration Committee and with the rules of the LTIP plan.
In accordance with Disclosure and Transparency Rules (“DTR”) 3.1.4R (1) (a) Investec plc
advises of the following transactions by PDMRs:
PDMR NUMBER OF OPTIONS AWARDED
Andrew Leith 175,000
Richard Wainwright 175,000
Raymond van Niekerk 100,000
Johannesburg and London
29 May 2014
Sponsor:
Investec Bank Limited
Date: 29/05/2014 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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