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INVESTEC LIMITED - Transaction by a PDMR in Investec plc ordinary shares

Release Date: 14/12/2017 16:00
Code(s): INL INP     PDF:  
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Transaction by a PDMR 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 Guidance and Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or
the JSE Listing Requirements.

TRANSACTION BY A PDMR IN INVESTEC PLC ORDINARY SHARES.

Investec has been advised that David van der Walt disposed of the following number of ordinary shares in
Investec plc (INP Shares) on 13 December 2017 in order to settle a tax liability related to prior year share
awards which have now vested. At the same time, David van der Walt took up shares per the disclosure
below.

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


    a)   Name                            David van der Walt




    2    Reason for the notification


    a)   Position/status                 PDMR




    b)   Initial notification            Initial notification
         /Amendment




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


    a)   Name                            Investec plc




    b)   LEI                             2138007Z3U5GWDN3MY22




    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 GBP0.0002 each
     instrument, type of
     instrument


     Identification code            GB00B17BBQ50




b)   Nature of the transaction      On Market Sale of shares to cover taxation due on
                                    vesting of conditional awards.



c)   Price(s) and volume(s)
                                      Price(s)                  Volume(s)




                                      GBP4.75                   23,547




d)   Aggregated information




     - Aggregated volume            23,547




     - Price                        GBP4.75




e)   Date of the transaction        13 December 2017




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   Ordinary shares of GBP0.0002 each
     instrument, type of
     instrument
                                         GB00B17BBQ50
         Identification code




    b)   Nature of the transaction       Take up of shares on vesting of conditional awards.




    c)   Price(s) and volume(s)
                                          Price(s)                   Volume(s)




                                          GBP4.75                    26,453




    d)   Aggregated information




         - Aggregated volume             26,453




         - Price                         GBP4.75




    e)   Date of the transaction         13 December 2017




    f)   Place of the transaction        London




In compliance with Rules 3.63 – 3.74 of the JSE Listing Requirements, the following additional information is
disclosed in respect of the sale of INP Shares as disclosed above:


    Transaction Dated                          13 December 2017
    Volume weighted average price              GBP4.75
    Total value of transaction                 GBP111,894.71
    Highest price                              GBP4.774
    Lowest price                               GBP4.724
    Nature of interest                         Direct beneficial
    Transaction Dated                          13 December 2017
    Volume weighted average price              GBP4.75
    Total value of transaction                 GBP125,703.94
    Highest price                              GBP4.774
    Lowest price                               GBP4.724
    Nature of interest                         Direct beneficial



Clearance was obtained for the above dealings in securities.


Johannesburg and London
14 December 2017

Sponsor:
Investec Bank Limited

Date: 14/12/2017 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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