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INVESTEC LIMITED - Transactions in Investec Limited ordinary shares.

Release Date: 01/03/2017 17:30
Code(s): INL INP     PDF:  
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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 share code: INL                                               LSE share code: INVP
NSX share code: INL                                               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 Guidance and Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or
the JSE Listing Requirements.


TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES.


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

     a)   Name                                 Richard Wainwright
                                               

2    Reason for the notification

     a)   Position/status                      PDMR / Director of a major subsidiary of Investec
                                               Limited (Investec Bank Limited)

     b)   Initial notification /Amendment      Initial Notification

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

     a)   Name                                 Investec Limited

     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         Ordinary shares of ZAR0.0002 each  
          instrument, type of instrument       

          Identification code                  ZAE000081949


     b)   Nature of the transaction            On market sale of shares following the exercise and sale
                                               of nil cost options held in terms of the Investec Limited
                                               Share Incentive Plan
     c)   Price(s) and volume(s)
                                               Price(s)                     Volume(s)
                                               ZAR92.22 per share           112,500

     d)   Aggregated information

         - Aggregated volume                   112,500

         - Price                               ZAR92.22

     e)   Date of the transaction              28 February 2017

     f)   Place of the transaction             Johannesburg


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

Volume weighted average price             ZAR92.22
Total value of transaction                ZAR10,374,357.38
Highest price                             ZAR92.61
Lowest price                              ZAR92.20
Nature of interest                        Direct beneficial


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

     a)   Name                                 Ciaran Whelan
                                           
2    Reason for the notification

     a)   Position/status                      PDMR

     b)   Initial notification /Amendment      Initial Notification

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

     a)   Name                                 Investec Limited

     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 ZAR0.0002 each

          Identification code                  ZAE000081949


     b)   Nature of the transaction            On market sale of shares following the exercise and sale
                                               of nil cost options held in terms of the Investec Limited
                                               Share Incentive Plan
   
     c)   Price(s) and volume(s)
                                               Price(s)                    Volume(s)

                                               ZAR92.15 per share          93,427

     d)   Aggregated information

          - Aggregated volume                  93,427

          - Price                              ZAR8,609,400.82

     e)   Date of the transaction              28 February 2017

     f)   Place of the transaction             Johannesburg


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

Volume weighted average price                  ZAR92.15
Total value of transaction                     ZAR8,609,400.82
Highest price                                  ZAR92.80
Lowest price                                   ZAR92.00
Nature of interest                             Direct beneficial


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

     a)   Name                                 Ciaran Whelan
                                          
2    Reason for the notification

     a)   Position/status                      PDMR

     b)   Initial notification /Amendment      Initial Notification

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

     a)   Name                                 Investec Limited
     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 ZAR0.0002 each

          Identification code                  ZAE000081949


     b)   Nature of the transaction            Take up of shares following the exercise of nil cost
                                               options held in terms of the Investec Limited Share
                                               Incentive Plan
     c)   Price(s) and volume(s)
                                               Price(s)                    Volume(s)

                                               ZAR92.15 per share          262,823

     d)   Aggregated information

          - Aggregated volume                  262,823

          - Price                              ZAR24,219,428.56

     e)   Date of the transaction              28 February 2017

     f)   Place of the transaction             Johannesburg

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

Volume weighted average price             ZAR0.00
Total value of transaction                ZAR24,219,428.56
Highest price                             ZAR0.00
Lowest price                              ZAR0.00
Nature of interest                        Direct beneficial

Clearance was obtained for the above dealings in securities.


Johannesburg and London
01 March 2017

Sponsor:
Investec Bank Limited

Date: 01/03/2017 05:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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