| 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) 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.
On 26 May 2022, the Remuneration Committee of Investec met and agreed the awards to Investec staff. Accordingly, we advise of the following transactions in shares:
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC ORDINARY SHARES")
1. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Share Incentive Plan 2021 (the "Plan).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Fani Titi
| ||||
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
570 098
Nil | ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Fani Titi disposed of the following number of forfeitable shares on 6 June 2022.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Fani Titi | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
97,290
GBP 4.86 | ||||
| | | | ||||
| e)
| Date of the transaction
| 6 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 97,290 |
| Volume weighted average selling price | GBP 4.86 |
| Total value of transaction | GBP 473,768.44 |
| | |
| Highest price | GBP 4.92 |
| Lowest price | GBP 4.80 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 6 June 2022, London |
2. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Nishlan Samujh
| ||||
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
370 564
Nil
| ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Nishlan Samujh disposed of the following number of forfeitable shares on 6 June 2022.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Nishlan Samujh | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
62,563
GBP 4.86 | ||||
| | | | ||||
| e)
| Date of the transaction
| 6 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 62,563 |
| Volume weighted average selling price | GBP 4.86 |
| Total value of transaction | GBP 304,660.04 |
| | |
| Highest price | GBP 4.92 |
| Lowest price | GBP 4.80 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 6 June 2022, London |
3. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Ciaran Whelan
| ||||
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
456 079
Nil
| ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Ciaran Whelan disposed of the following number of forfeitable shares on 6 June 2022.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Ciaran Whelan | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
80,309
GBP 4.86 | ||||
| | | | ||||
| e)
| Date of the transaction
| 6 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 80,309 |
| Volume weighted average selling price | GBP 4.86 |
| Total value of transaction | GBP 391,076.88 |
| | |
| Highest price | GBP 4.92 |
| Lowest price | GBP 4.80 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 6 June 2022, London |
| | |
4. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Richard Wainwright
| ||||
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
456 079
Nil
| ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Richard Wainwright disposed of the following number of forfeitable shares on 6 June 2022
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
|
Richard Wainwright | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
74,724
GBP 4.86 | ||||
| | | | ||||
| e)
| Date of the transaction
| 6 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 74,724 |
| Volume weighted average selling price | GBP 4.86 |
| Total value of transaction | GBP 363,879.88 |
| | |
| Highest price | GBP 4.92 |
| Lowest price | GBP 4.80 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 06 June 2022, London |
5. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Ruth Leas
| ||||
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec PLC Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
179 011
Nil
| ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Ruth Leas disposed of the following number of forfeitable shares on 1 June 2022
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Ruth Leas | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
23,254
GBP 4.84 | ||||
| | | | ||||
| e)
| Date of the transaction
| 01 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 23,254 |
| Volume weighted average selling price | GBP 4.84 |
| Total value of transaction | GBP 112,740.04 |
| | |
| Highest price | GBP 4.87 |
| Lowest price | GBP 4.82 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 01 June 2022, London |
6. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 4 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 2, 3 and 4 from award. Subject to 12 month retention period upon vesting
4. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 5 from award. Subject to 6 month retention period upon vesting
5. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 2.5, 3.5 and 5 from award. Subject to 6 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
151 384
Nil | ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Marc Kahn disposed of the following number of forfeitable shares on 1 June 2022
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
22,157
GBP 4.84 | ||||
| | | | ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 22,157 |
| Volume weighted average selling price | GBP 4.84 |
| Total value of transaction | GBP 107,421.57 |
| | |
| Highest price | GBP 4.87 |
| Lowest price | GBP 4.82 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 1 June 2022, London |
7. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Lyndon Subroyen
| ||||
| 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 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
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
152 158
Nil
| ||||
| e)
| Date of the transaction
| 1 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Lyndon Subroyen disposed of the following number of forfeitable shares on 6 June 2022
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Lyndon Subroyen | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
20,638
GBP 4.89 | ||||
| | | | ||||
| e)
| Date of the transaction
| 6 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 20,638 |
| Volume weighted average selling price | GBP 4.89 |
| Total value of transaction | GBP 100,997.77 |
| | |
| Highest price | GBP 4.89 |
| Lowest price | GBP 4.89 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 6 June 2022, London |
8. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021 (the "Plan).
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| Name
| Mark Currie
| ||||
| Reason for the notification
| |||||
| Position/status
| PDMR | ||||
| Initial notification /Amendment
| Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| Name
| Investec plc | ||||
| LEI
| 2138007Z3U5GWDN3MY22 | ||||
| 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
| |||||
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of GBP0.0002 each
GB00B17BBQ50
| ||||
| Nature of the transaction
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with immediate vesting subject to a 12 month retention period
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 7 from award. Subject to 12 month retention period upon vesting
| ||||
| Price(s) and volume(s)
|
| ||||
| Aggregated information
- Aggregated volume
- Price
|
195 986
Nil
| ||||
| Date of the transaction
| 1 June 2022 | ||||
| Place of the transaction
| London | ||||
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Mark Currie disposed of the following number of forfeitable shares on 6 June 2022
| 1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
| a)
| Name
| Mark Currie | ||||
| 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 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 ordinary shares in order to settle a tax liability related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
18,768
GBP 4.89 | ||||
| | | | ||||
| e)
| Date of the transaction
| 6 June 2022 | ||||
| f)
| Place of the transaction
| London | ||||
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
| Number of shares | 18,768 |
| Volume weighted average selling price | GBP 4.89 |
| Total value of transaction | GBP 91,846.41 |
| | |
| Highest price | GBP 4.89 |
| Lowest price | GBP 4.89 |
| Nature of interest | Direct beneficial |
| Date and place of transaction | 6 June 2022, London |
9. Interests in Investec plc Ordinary Shares - Company Secretary
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec plc by the Company Secretary:
On 1 June 2022, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to The Investec plc Share Incentive Plan 2021. These forfeitable share awards vest in three equal tranches in the third, fourth and fifth years from the date of award:
| Company Secretary: | Number of Forfeitable shares: |
| David Miller | 10 717 |
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC LIMITED ORDINARY SHARES")
10. Interests in Investec Limited Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan 2021 (the "Plan).
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| Name
| Stuart Spencer
| ||||
| Reason for the notification
| |||||
| Position/status
| PDMR | ||||
| Initial notification /Amendment
| Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| Name
| Investec Limited | ||||
| LEI
| 213800CU7SM6O4UWOZ70
| ||||
| 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
| |||||
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
| Nature of the transaction
| 1. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to the Investec Limited Share Incentive Plan 2021. Issued for nil consideration with immediate vesting
2. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 3 from award.
3. Award of conditional shares representing Long Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 5 from award. | ||||
| Price(s) and volume(s)
|
| ||||
| Aggregated information
- Aggregated volume
- Price
|
136 519
Nil
| ||||
| Date of the transaction
| 1 June 2022 | ||||
| Place of the transaction
| Johannesburg | ||||
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Stuart Spencer disposed of the following number of forfeitable shares on 2 June 2022
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name | Stuart Spencer | ||||
| 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 instrument, type of instrument
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
| b)
| Nature of the transaction
| On market sale of ordinary related forfeitable share awards that vest immediately on award.
| ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
45,331
ZAR 95.43
| ||||
| e)
| Date of the transaction
| 2 June 2022 | ||||
| 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:
| Volume weighted average price | ZAR 95.43 per share |
| Total value of transaction | ZAR 4,325,724.47 |
| Highest price | ZAR 95.89 |
| Lowest price | ZAR 95.01 |
| Nature of interest | Direct beneficial |
11. Interests in Investec Limited Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan 2021 (the "Plan).
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| Name
| Henry Blumenthal
| ||||
| Reason for the notification
| |||||
| Position/status
| PDMR | ||||
| Initial notification /Amendment
| Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| Name
| Investec Limited | ||||
| LEI
| 213800CU7SM6O4UWOZ70
| ||||
| 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
| |||||
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
| Nature of the transaction
|
1. Award of forfeitable shares representing the deferred component of Short Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 3 from award.
2. Award of forfeitable shares representing Long Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 5 from award. | ||||
| Price(s) and volume(s)
|
| ||||
| Aggregated information
- Aggregated volume
- Price
|
235 774
Nil
| ||||
| Date of the transaction
| 1 June 2022 | ||||
| Place of the transaction
| Johannesburg | ||||
12. Interests in Investec Limited Ordinary Shares - Director of major subsidiary
On 1 June 2022 Investec made the following awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan 2021 (the "Plan).
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| Name
| Marle van der Walt
| ||||
| Reason for the notification
| |||||
| Position/status
| Director of major subsidiary | ||||
| Initial notification /Amendment
| Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| Name
| Investec Limited | ||||
| LEI
| 213800CU7SM6O4UWOZ70
| ||||
| 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
| |||||
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
| Nature of the transaction
|
1. Award of forfeitable shares representing the deferred component of Short Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 1 to 3 from award.
2. Award of forfeitable shares representing Long Term Incentive pursuant to The Investec Limited Share Incentive Plan 2021. Issued for nil consideration with deferred vesting period in each of years 3 to 5 from award. | ||||
| Price(s) and volume(s)
|
| ||||
| Aggregated information
- Aggregated volume
- Price
|
72 876
Nil
| ||||
| Date of the transaction
| 1 June 2022 | ||||
| Place of the transaction
| Johannesburg | ||||
Interests in Investec Limited Ordinary Shares - Company Secretary
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, we advise of the following changes to attributable interests in Investec Limited by the Company Secretary:
On 1 June 2022, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to The Investec Limited Share Incentive Plan 2021. These forfeitable share awards vest in three equal tranches in the third, fourth and fifth years from the date of award:
| Company Secretary: | Number of Forfeitable shares: |
| Niki van Wyk | 10 717 |
Johannesburg and London
06 June 2022
Sponsor: Investec Bank Limited
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