Wrap Text
Transactions by 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
NSX share code: IVD JSE share code: INP
BSE share code: INVESTEC ISIN: GB00B17BBQ50
ISIN: ZAE000081949
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 and Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE
Listing Requirements.
TRANSACTIONS BY DIRECTOR IN INVESTEC PLC ORDINARY SHARES.
Ian Kantor entered into a sale of Investec plc ordinary shares and the purchase of call options over Investec
plc ordinary shares on 23 September 2016 and the following information in relation to Ian Kantor’s indirect
beneficial interests is disclosed:
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ian Kantor
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Investec plc
b) LEI n/a
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 instrument Ordinary shares of GBP0.0002 each (INP Shares)
Identification code GB00B17BBQ50
b) Nature of the transaction Sale of 2,400,000 INP Shares for GBP4.74 per share
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.74 2,400,000
d) Aggregated information
- Aggregated volume 2,400,000
- Price GBP4.74
e) Date of the transaction 23 September 2016
f) Place of the transaction London
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 instrument Ordinary shares of GBP0.0002 each (INP Shares)
Identification code GB00B17BBQ50
b) Nature of the transaction European Style Call - purchase of 600,000 call options at
a strike price of GBP3.79 per share expiring on 22 March
2021
c) Price(s) and volume(s)
Price(s) Volume(s)
PURCHASE OF CALL 600,000
OPTIONS: STRIKE
PRICE OF GBP3.79
d) Aggregated information
- Aggregated volume CALL OPTIONS – 600,000
- Price CALL OPTIONS – STRIKE PRICE OF GBP3.79
e) Date of the transaction 23 September 2016
f) Place of the transaction London
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 instrument Ordinary shares of GBP0.0002 each (INP Shares)
Identification code GB00B17BBQ50
b) Nature of the transaction European Style Call - purchase of 600,000 call options at
a strike price of GBP3.56 per share expiring on 22 June
2021
c) Price(s) and volume(s)
Price(s) Volume(s)
PURCHASE OF CALL 600,000
OPTIONS: STRIKE
PRICE OF GBP3.56
d) Aggregated information
- Aggregated volume CALL OPTIONS – 600,000
- Price CALL OPTIONS – STRIKE PRICE OF GBP3.56
e) Date of the transaction 23 September 2016
f) Place of the transaction London
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 instrument Ordinary shares of GBP0.0002 each (INP Shares)
Identification code GB00B17BBQ50
b) Nature of the transaction European Style Call - purchase of 600,000 call options at
a strike price of GBP3.32 per share expiring on 22
September 2021
c) Price(s) and volume(s)
Price(s) Volume(s)
PURCHASE OF CALL 600,000
OPTIONS: STRIKE
PRICE OF GBP3.32
d) Aggregated information
- Aggregated volume CALL OPTIONS – 600,000
- Price CALL OPTIONS – STRIKE PRICE OF GBP3.32
e) Date of the transaction 23 September 2016
f) Place of the transaction London
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 instrument Ordinary shares of GBP0.0002 each (INP Shares)
Identification code GB00B17BBQ50
b) Nature of the transaction European Style Call - purchase of 600,000 call options at
a strike price of GBP3.08 per share expiring on 22
December 2021
c) Price(s) and volume(s)
Price(s) Volume(s)
PURCHASE OF CALL 600,000
OPTIONS: STRIKE
PRICE OF GBP3.08
d) Aggregated information
- Aggregated volume CALL OPTIONS – 600,000
- Price CALL OPTIONS – STRIKE PRICE OF GBP3.08
e) Date of the transaction 23 September 2016
f) Place of the transaction London
In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements we disclose the following additional
information in respect of the sale of 2,400,000 INP Shares as disclosed above:
Volume weighted average price GBP4.74
Total value of transaction GBP11,376,000
Highest price GBP4.74
Lowest price GBP4.74
Nature of interest Indirect beneficial
Nature of the transaction Off-market
Clearance was obtained for the above dealings in securities.
Johannesburg and London
26 September 2016
Sponsor:
Investec Bank Limited
Date: 26/09/2016 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.