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INVESTEC LIMITED - Transactions by a PDMR in Investec Limited ordinary shares

Release Date: 24/07/2017 16:00
Code(s): INL INP     PDF:  
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Transactions by a PDMR 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: 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 A PDMR IN INVESTEC LIMITED ORDINARY SHARES


    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 47,057 ordinary shares in order to
                                               settle a tax liability 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)
                                            ZAR99.26                    47,057




    d)   Aggregated information


         - Aggregated volume               47,057


         - Price                           ZAR99.26



    e)   Date of the transaction           20 July 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             ZAR99.26
 Total value of transaction                ZAR4,670,924.88
 Highest price                             ZAR99.97
 Lowest price                              ZAR98.60
 Nature of interest                        Indirect 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 65,443 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)

                                            ZAR99.26                    65,443




    d)   Aggregated information


         - Aggregated volume               65,443


         - Price                           ZAR99.26



    e)   Date of the transaction           20 July 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             ZAR99.26
 Total value of transaction                ZAR6,495,937.62
 Highest price                             N/A
 Lowest price                              N/A
 Nature of interest                        Indirect beneficial



Clearance was obtained for the above dealings in securities.


Johannesburg and London
24 July 2017

Sponsor:
Investec Bank Limited

Date: 24/07/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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