Investec PLC — Director's Dealing 2021

Mar 2, 2021

National Storage Mechanism | Additional information

RNS Number : 8553Q

Investec PLC

02 March 2021

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

TRANSACTION BY A PDMR IN INVESTEC PLC ORDINARY SHARES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Koseff as non-beneficial trustee

2

Reason for the notification

a)

Position/status

Person Closely Associated with Stephen Koseff, a Person Discharging Managerial Responsibilities (PDMR) in respect of Investec plc

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

Identification code

Ordinary shares of GBP0.0002 each

GB00B17BBQ50

b)

Nature of the transaction

On market sale of 142,670 ordinary shares held in an indirect beneficial capacity by a person closely associated with Stephen that were immediately repurchased by same such that the nature of the interest is now direct beneficial  

c)

Price(s) and volume(s)

Transaction 1 (Sale)

Transaction 2 (Purchase)

Price(s)	Volume(s)
ZAR41.15 ZAR41.15	142,670 142,670

d)

Aggregated information

Transaction 1 (Sale)

- Aggregated volume

- Price

- Aggregated price

Transaction 2 (Purchase)

- Aggregated volume

- Price

- Aggregated price

142,670

ZAR41.15

ZAR5,864,003.22

142,670

ZAR41.15

ZAR5,892,414.96

e)

Date of the transaction

26 February 2021

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:

Transaction 1 (Sale)

Volume weighted average price	ZAR41.15
Total value of transaction	ZAR5,864,003.22
Highest price	ZAR41.15
Lowest price	ZAR41.15
Nature of interest	Indirect beneficial

Transaction 2 (Purchase)

Volume weighted average price	ZAR41.15
Total value of transaction	ZAR5,892,414.96
Highest price	ZAR41.15
Lowest price	ZAR41.15
Nature of interest	Direct beneficial

TRANSACTION BY PDMR IN INVESTEC LIMITED ORDINARY SHARES

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Koseff as non-beneficial trustee

2

Reason for the notification

a)

Position/status

Person Closely Associated with Stephen Koseff, a Person Discharging Managerial Responsibilities (PDMR) in respect of Investec plc

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 instrument, type of instrument

Identification code

Ordinary shares of ZAR0.0002 each

ZAE000081949

b)

Nature of the transaction

On market sale of 171,880 ordinary shares held in an indirect beneficial capacity by a person closely associated with Stephen that were immediately repurchased by same such that the nature of the interest is now direct beneficial 

c)

Price(s) and volume(s)

Transaction 1 (Sale)

Transaction 2 (Purchase)

Price(s)	Volume(s)
ZAR39.60 ZAR39.60	171,880 171,880

d)

Aggregated information

Transaction 1 (Sale)

- Aggregated volume

- Price

- Aggregated price

Transaction 2 (Purchase)

- Aggregated volume

- Price

- Aggregated price

171,880

ZAR39.60

ZAR6,798,502.66

171,880

ZAR39.60

ZAR6,831,409.46

e)

Date of the transaction

26 February 2021

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:

Transaction 1 (Sale)

Volume weighted average price	ZAR39.60
Total value of transaction	ZAR6,798,502.66
Highest price	ZAR39.60
Lowest price	ZAR39.60
Nature of interest	Indirect beneficial

Transaction 2 (Purchase)

Volume weighted average price	ZAR39.60
Total value of transaction	ZAR6,831,409.46
Highest price	ZAR39.60
Lowest price	ZAR39.60
Nature of interest	Direct beneficial

Clearance was obtained for the above dealings in securities.

Johannesburg and London

02 March 2021

Sponsor:

Investec Bank Limited

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUPUCPWUPGUBP