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INVESTEC LIMITED - Final preference share dividend and redemption announcement

Release Date: 28/02/2017 13:00
Code(s): ILRP1 INL INP     PDF:  
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Final preference share dividend and redemption announcement

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: ILRP1                               LSE share code: INVP
ISIN: ZAE000183216                                  JSE share code: INP
JSE ordinary share code: INL                        ISIN: GB00B17BBQ50
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949


Final preference share dividend and redemption announcement

Class ILRP1 redeemable, cumulative non-participating preference shares (“Preference

Notice is hereby given that 333 863 Preference Shares, constituting all the issued preference
shares in this class, will be redeemed on 20 March 2017, pursuant to clause 24 of the
Applicable Pricing Supplement of the Preference Shares.

The redemption will take place at an amount of 101 251.24352 cents per Preference Share
being a return of capital of 100 000 cents per Preference Share plus accrued dividends in
respect of the period from and including 01 January 2017 to and                 including,
19 March 2017, which amounts to 1 251.24352 cents per Preference Share.

Declaration of final dividend
The final preference dividend has been declared from income reserves for the period
01 January 2017 to 19 March 2017 amounting to a gross preference dividend of 1 251.24352
cents per share payable to holders of the Class ILRP1 redeemable non-participating
preference shares as recorded in the books of the company at the close of business on Friday,
17 March 2017.

The relevant dates relating to the payment of the final dividend and the redemption are
as follows:

 Last day to trade cum-dividend                                 Tuesday, 14 March 2017
 Shares commence trading ex-dividend                            Wednesday, 15 March 2017
 Record date                                                    Friday, 17 March 2017
 Payment date                                                   Monday, 20 March 2017

Share certificates may not be dematerialised or rematerialised between Wednesday,
15 March 2017 and Friday, 17 March 2017, both dates inclusive.

Additional information to take note of:

-  The Investec Limited company tax reference number: 9800/181/71/2
-  The issued class ILRP1 preference share capital of Investec Limited is 333 863 preference
-   The dividend paid by Investec Limited is subject to South African Dividend Tax (Dividend
    Tax) of 20% (subject to any available exemptions or reductions in terms of Double Tax
    Agreements as legislated) equal to 250.24870 cents per share
-   The net dividend amounts to 1 000.99482 cents per preference share for shareholders
    liable to pay the Dividend Tax and 1 251.24352 cents per preference share for preference
    shareholders exempt from paying the dividend tax.

Salient features of the redemption of the 333 863 Preference Shares are listed below:

Issuer                                            Investec Limited
Instrument                                        Redeemable cumulative non-
                                                  participating preference shares
Redemption date                                   20 March 2017
Number of shares redeemed                         333 863
Number of shares outstanding                      Nil
post this redemption
JSE Share Code                                    ILRP1
ISIN                                              ZAE000183216

28 February 2017

Investec Bank Limited

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