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INVESTEC LIMITED - Notification of major holdings

Release Date: 30/10/2017 17:30
Code(s): INL INP     PDF:  
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Notification of major holdings

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

(jointly “Investec”)

As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock
Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure Guidance,
Transparency Rules and Listing Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listing
Requirements.

Accordingly, we advise of the receipt of the following TR-1 notification:

NOTIFICATION OF MAJOR HOLDINGS

1a. Identity of the issuer or the underlying                     Investec PLC 
    issuer of existing shares to which voting                    GB00B17BBQ50
    rights are attachedii:

1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
    Non-UK issuer

2.  Reason for the notification (please mark the appropriate box or boxes with an “X”)

    An acquisition or disposal of voting rights                  X
                                                          
    An acquisition or disposal of financial instruments

    An event changing the breakdown of voting rights

    Other (please specify)iii:

3. Details of person subject to the notification obligationiv
   Name                                                         Norges Bank
   City and country of registered office (if applicable)        Oslo, Norway

4. Full name of shareholder(s) (if different from 3.)v
   Name

   City and country of registered office (if applicable)

5. Date on which the threshold was crossed                      26 October 2017
   or reachedvi:

6. Date on which issuer notified                                27 October 2017
   (DD/MM/YYYY):

7. Total positions of person(s) subject to the notification obligation
                                                   
                         % of voting rights        % of voting rights             Total of both in %         Total number of
                         attached to shares        through financial              (8.A + 8.B)                voting rights of 
                         (total of 8. A)           instruments                                               issuervii        
                                                   (total of 8.B 1 + 8.B 2)                    
                                                                                              
Resulting situation      2.91 %                    N/A                            2.91 %                     668,441,206
on the date on
which threshold          
was crossed or
reached

Position of previous     3.94 %                    N/A                            3.94 %
notification (if         
applicable)

8. Notified details of the resulting situation on the date on which the threshold was
   crossed or reachedviii
A: Voting rights attached to shares
   
   Class/type of          Number of voting rightsix                        % of voting rights
   shares                 Direct                  Indirect                 Direct                  Indirect         
   ISIN code (if          (Art 9 of Directive     (Art 10 of Directive     (Art 9 of Directive     (Art 10 of Directive          
   possible)              2004/109/EC) (DTR5.1)   2004/109/EC)             2004/109/EC) (DTR5.1)   2004/109/EC) (DTR5.2.1)        
                                                  (DTR5.2.1)         
                                               
GB00B17BBQ                19,420,225                                       2.91 %
50                                                              

SUBTOTAL 8. A             19,420,225                                       2.91 %

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1
(a))
                                                                       
Type of                   Expiration        Exercise/                    Number of voting rights  
financial                 datex             Conversion Periodxi          that may be acquired if
instrument                                                               the instrument is                   % of voting rights
                                                                         exercised/converted.

N/A                                         N/A                          N/A                                 N/A

                                            SUBTOTAL 8. B 1              N/A
                             
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of
Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of                  Expiration         Exercise/          Physical or       Number of                   % of voting rights     
financial                datex              Conversion         cash              voting rights   
instrument                                  Period xi          settlementxii
                                                           
                                                               SUBTOTAL
                                                               8.B.2




9. Information in relation to the person subject to the notification obligation (please mark
   the applicable box with an “X”)
   Person subject to the notification obligation is not controlled by any natural person or legal entity and does
   not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii        X

   Full chain of controlled undertakings through which the voting rights and/or the
   financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv
   (please add additional rows as necessary)
                                                               
   Namexv                     % of voting rights if          % of voting rights                Total of both if it
                              it equals or is higher         through financial                 equals or is higher
                              than the notifiable            instruments if it                 instruments if it 
                              threshold                      equals or is higher               than the notifiable
                                                             than the notifiable               threshold
                                                             threshold


10. In case of proxy voting, please identify:
    Name of the proxy holder

    The number and % of voting rights held
    The date until which the voting rights will be
    held

11. Additional informationxvi


Place of completion        Oslo, Norway

Date of completion         27 October 2017


Johannesburg and London
30 October 2017
Sponsor: Investec Bank Limited

Date: 30/10/2017 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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