To view the PDF file, sign up for a MySharenet subscription.

INVESTEC LIMITED - INL\INP - Transactions in Investec Limited Ordinary Shares

Release Date: 03/03/2015 17:00
Code(s): INL INP     PDF:  
Wrap Text
INL\INP - Transactions 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 ordinary share code: INL                              LSE share code: INVP
 NSX ordinary share code: IVD                              JSE share code: INP
 BSE ordinary 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.

Investec received notification on the 03 March 2015 of the following changes to attributable
interests in the ordinary shares of Investec Limited which Investec notifies in compliance with
Rule     3.14R(1)(a)     of    the    UKLA's     Disclosure    and    Transparency       Rules:

TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the
“ORDINARY SHARES”).

1)      Transactions by a PDMR - Allen Zimbler

 Nature of transaction                          Sale of Ordinary Shares
 Number of Securities                           600,000
 Volume weighted average selling price          ZAR104.62
 Total value of transaction                     ZAR62,774,292.00
 Highest price                                  ZAR104.78
 Lowest price                                   ZAR104.60
 Nature of interest                             Indirect beneficial
 Date and place of transaction              25 February 2015, Johannesburg


2)      Transactions by a PDMR – David van der Walt

David van der Walt entered into a zero cost collar hedge on the 02 March 2015 and the
following information in relation to David van der Walt’s indirect beneficial interests is
disclosed:

(a)     Purchase of put options

 Date of transaction:                            02 March 2015
 Nature of transaction:                          Purchase of put options expiring on 02
                                                 March 2017
 Number of shares:                               500,000 Ordinary Shares
 Price per share:                                ZAR98.19
 Nature of interest:                             Direct beneficial

(b)     Sale of call options

 Date of transaction:                          02 March 2015
 Nature of transaction:                        Sale of call options expiring on 02 March
                                               2017
 Number of shares:                             500,000 Ordinary Shares
 Price per share:                              ZAR142.64
 Nature of interest:                           Direct beneficial

Pursuant to the above hedge transaction, David van der Walt pledged 500,000 Ordinary
Shares as security for the due performance of his obligations arising out of the collar
arrangement. David van der Walt retains the voting rights on these Ordinary Shares.

Clearance was obtained for the above dealings in securities.

Johannesburg and London
03 March 2015

Sponsor:
Investec Bank Limited

Date: 03/03/2015 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story