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INVESTEC LIMITED - Transactions by PDMR in Investec plc ordinary shares

Release Date: 04/12/2019 16:00
Code(s): INL INP     PDF:  
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Transactions by 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 Listing Rules, and the Disclosure Guidance and Transparency Rules of the United Kingdom Listing
Authority (the “UKLA”) and/or the JSE Listings Requirements.


TRANSACTIONS BY PDMR IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH

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

    a)   Name                                  Ruth Leas


    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 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
         instrument, type of instrument        Ordinary shares of GBP0.0002 each

         Identification code                   GB00B17BBQ50


    b)   Nature of the transaction             Take up of shares on vesting of nil cost options


    c)   Price(s) and volume(s)
                                                Price(s)                     Volume(s)
                                            GBP4.38                     7,935




    d)   Aggregated information

         - Aggregated volume               7,935

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP34,807.69
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial


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

    a)   Name                              Ruth Leas


    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 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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50
    b)   Nature of the transaction         On Market Sale of shares to cover taxation pursuant to
                                           the exercise and sale of nil cost options exercised

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

                                            GBP4.38                     7,065




    d)   Aggregated information

         - Aggregated volume               7,065

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP30,991.34
    Highest price                             GBP4.42
    Lowest price                              GBP4.34
    Nature of interest                        Direct beneficial


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

    a)   Name                              Ruth Leas


    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 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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50


    b)   Nature of the transaction         Off market take up of shares on vesting of conditional
                                           shares

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

                                            GBP4.38                     5,290




    d)   Aggregated information

         - Aggregated volume               5,290

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP23,205.12
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial


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

    a)   Name                              Ruth Leas


    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 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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         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)

                                            GBP4.38                     4,710




    d)   Aggregated information

         - Aggregated volume               4,710

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP20,660.9
    Highest price                             GBP4.42
    Lowest price                              GBP4.34
    Nature of interest                        Direct beneficial


    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 /Amendment   Initial notification
    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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50


    b)   Nature of the transaction         Take up of shares on vesting of nil cost options


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

                                            GBP4.38                     16,532




    d)   Aggregated information

         - Aggregated volume               16,532

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP72,519.3
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial


    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 /Amendment   Initial notification


    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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50


    b)   Nature of the transaction         On Market Sale of shares to cover taxation pursuant to
                                           the exercise and sale of nil cost options exercised

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

                                            GBP4.38                     14,718




    d)   Aggregated information

         - Aggregated volume               14,718

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP64,562.01
    Highest price                             GBP4.42
    Lowest price                              GBP4.34
    Nature of interest                        Direct beneficial
    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 /Amendment   Initial notification


    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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50


    b)   Nature of the transaction         Off market take up of shares on vesting of conditional
                                           shares

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

                                            GBP4.38                     26,453




    d)   Aggregated information

         - Aggregated volume               26,453

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
Total value of transaction                GBP116,038.78
Highest price                             N/A
Lowest price                              N/A
Nature of interest                        Direct beneficial


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 /Amendment   Initial notification


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
     instrument, type of instrument    Ordinary shares of GBP0.0002 each

     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)

                                        GBP4.38                     23,547




d)   Aggregated information

     - Aggregated volume               23,547

     - Price                           GBP4.38

e)   Date of the transaction           02 December 2019


f)   Place of the transaction          London
In compliance with Rules 3.63 – 3.74 of the JSE Listings Requirements we disclose the following additional
information:

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP103,291.32
    Highest price                             GBP4.42
    Lowest price                              GBP4.34
    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 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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50


    b)   Nature of the transaction         Take up of shares on vesting of nil cost options


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

                                            GBP4.38                     31,250




    d)   Aggregated information

         - Aggregated volume               31,250
         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP138,125
    Highest price                             N/A
    Lowest price                              N/A
    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 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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50


    b)   Nature of the transaction         Take up of shares on vesting of nil cost options


    c)   Price(s) and volume(s)
                                            Price(s)                    Volume(s)
                                            GBP4.38                     31,250




    d)   Aggregated information

         - Aggregated volume               31,250

         - Price                           GBP4.38

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.38 per share
    Total value of transaction                GBP136,875
    Highest price                             N/A
    Lowest price                              N/A
    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 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
         instrument, type of instrument    Ordinary shares of GBP0.0002 each

         Identification code               GB00B17BBQ50
    b)   Nature of the transaction         Off market take up of shares on vesting of conditional
                                           shares

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

                                            GBP4.42                     50,000




    d)   Aggregated information

         - Aggregated volume               50,000

         - Price                           GBP4.42

    e)   Date of the transaction           02 December 2019


    f)   Place of the transaction          London



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

    Volume weighted average price             GBP4.42 per share
    Total value of transaction                GBP221,000
    Highest price                             N/A
    Lowest price                              N/A
    Nature of interest                        Direct beneficial



Clearance was obtained for the above dealings in securities.


Johannesburg and London
04 December 2019


Sponsor:
Investec Bank Limited

Date: 04-12-2019 04:00:00
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