Investec PLC — Director's Dealing 2017

Jul 7, 2017

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RNS Number : 4615K

Investec PLC

07 July 2017

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06       JSE share code: INL NSX share code: IVD    BSE 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

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 and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.

TRANSACTIONS BY A DIRECTOR IN INVESTEC LIMITED ORDINARY SHARES.

Bernard Kantor entered into a zero premium collar on the 6th July 2017 and the following information in relation to Bernard Kantor's direct beneficial interests is disclosed:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bernard Kantor

2

Reason for the notification

a)

Position/status

Director

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

n/a

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

Identification code

Ordinary shares of ZAR0.0002 each (INL Shares)

ZAE000081949

b)

Nature of the transaction

Zero premium collar - purchase of 600,000 put options at a strike price of ZAR100.00 per share expiring on 1 December 2018 and sale of 600,000 call options at a strike price of ZAR120.00 per share expiring on 1 December 2018

c)

Price(s) and volume(s)

Price(s)	Volume(s)
PURCHASE OF PUT OPTIONS: STRIKE PRICE OF ZAR100.00	600,000
SALE OF CALL OPTIONS: STRIKE PRICE OF ZAR120.00	600,000

d)

Aggregated information

- Aggregated volume

- Price

PUT OPTIONS - 600,000

CALL OPTIONS - 600,000

PUT OPTIONS - STRIKE PRICE OF ZAR100.00

CALL OPTIONS - STRIKE PRICE OF ZAR120.00

e)

Date of the transaction

6 July 2017

f)

Place of the transaction

Johannesburg

Clearance was obtained for the above dealings in securities.

Johannesburg and London

7 July 2017

Sponsor:

Investec Bank Limited

This information is provided by RNS

The company news service from the London Stock Exchange

END

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