To view the PDF file, sign up for a MySharenet subscription.

INVESTEC LIMITED - Transaction by PDMR in Investec Limited Ordinary Shares

Release Date: 08/03/2019 17:00
Code(s): INL INP     PDF:  
Wrap Text
Transaction by 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) across the group, 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 PDMR IN INVESTEC LIMITED ORDINARY SHARES


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

     a)   Name                                Marc Kahn


     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                                 213800CU7SM6O4UWOZ70


     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 ZAR0.0002 each
          instrument, type of instrument

          Identification code                 ZAE000081949


     b)   Nature of the transaction           On Market Sale of shares following the exercise and
                                              sale of nil cost options.
     c)   Price(s) and volume(s)
                                               Price(s)                 Volume(s)

                                               ZAR89.75                 37,500




     d)   Aggregated information


          - Aggregated volume              37,500

          - Price                          ZAR89.75

     e)   Date of the transaction          06/03/2019


     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:


               Number of shares                       37,500
               Volume weighted average                ZAR89.75
               selling price
               Total value of transaction             ZAR3,365,553.31
               Highest price                          ZAR91.52
               Lowest price                           ZAR89.76
               Nature of interest                     Direct beneficial
               Date and place of transaction          06 March 2019, Johannesburg
TRANSACTION BY PDMR IN INVESTEC LIMITED ORDINARY SHARES


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

    a)   Name                              Marc Kahn


    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                               213800CU7SM6O4UWOZ70


    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 ZAR0.0002 each
         instrument, type of instrument

         Identification code               ZAE000081949


    b)   Nature of the transaction         On market sale of shares following the vesting of
                                           conditional shares.

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

                                            ZAR89.74                   33,333




    d)   Aggregated information


         - Aggregated volume               33,333

         - Price                           ZAR89.74

    e)   Date of the transaction           06/03/2019


    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:


                Number of shares                    33,333
                Volume weighted average             ZAR89.74
                selling price
                Total value of transaction          ZAR2,991,572.76
                Highest price                       ZAR91.52
                Lowest price                        ZAR89.76
                Nature of interest                  Direct beneficial
                Date and place of transaction       06 March 2019, Johannesburg



08 March 2019

Sponsor:
Investec Bank Limited

Date: 08/03/2019 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story