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Investec PLC Director's Dealing 2015

Mar 3, 2015

5231_dirs_2015-03-03_9cbbab49-23c7-4fdf-9757-c9ea36c9cb58.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 4247G

Investec PLC

03 March 2015

Investec Limited

Incorporated in the Republic of South Africa

Registration number 1925/002833/06      

JSE ordinary share code: INL  

NSX ordinary share code: IVD

BSE ordinary share code: INVESTEC

ISIN: ZAE000081949
Investec plc

Incorporated in England and Wales

Registration number 3633621

LSE share code: INVP

JSE share code: INP

ISIN: GB00B17BBQ50

(together "Investec")

As part of the dual listed company structure, Investec plc and Investec Limited 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 the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

Investec received notification on the 03 March 2015 of the following changes to attributable interests in the ordinary shares of Investec Limited which Investec notifies in compliance with Rule 3.14R(1)(a) of the UKLA's Disclosure and Transparency Rules:

TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "ORDINARY SHARES").

1)         Transactions by a PDMR - Allen Zimbler

Nature of transaction Sale of Ordinary Shares
Number of Securities 600,000
Volume weighted average selling price ZAR104.62
Total value of transaction ZAR62,774,292.00
Highest price ZAR104.78
Lowest price ZAR104.60
Nature of interest Indirect beneficial
Date and place of transaction 25 February 2015, Johannesburg

2)         Transactions by a PDMR - David van der Walt

David van der Walt entered into a zero cost collar hedge on the 02 March 2015 and the following information in relation to David van der Walt's indirect beneficial interests is disclosed:

(a)        Purchase of put options

Date of transaction: 02 March 2015
Nature of transaction: Purchase of put options expiring on 02 March 2017
Number of shares: 500,000 Ordinary Shares
Price per share: ZAR98.19
Nature of interest: Direct beneficial

(b)        Sale of call options

Date of transaction: 02 March 2015
Nature of transaction: Sale of call options expiring on 02 March 2017
Number of shares: 500,000 Ordinary Shares
Price per share: ZAR142.64
Nature of interest: Direct beneficial

Pursuant to the above hedge transaction, David van der Walt pledged 500,000 Ordinary Shares as security for the due performance of his obligations arising out of the collar arrangement. David van der Walt retains the voting rights on these Ordinary Shares.

Clearance was obtained for the above dealings in securities.

Johannesburg and London

03 March 2015

Sponsor:

Investec Bank Limited

This information is provided by RNS

The company news service from the London Stock Exchange

END

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