Company Announcements

Director/PDMR Shareholding

Source: RNS
RNS Number : 7140P
Investec PLC
11 June 2020
 

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.

 

 

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

 

1.1   Award of conditional shares in Investec Limited ordinary shares to Directors of a Major Subsidiary  

 

On 5 June 2020, Investec made conditional share awards in respect of ordinary shares in the capital of Investec Limited for nil consideration pursuant to the Investec Limited Share Incentive Plan. These conditional share awards vest in one tranche, one year from the date of award:

 

1

 

Details of the director of a major subsidiary

 

a)

 

Name

Stuart Spencer

2

 

Reason for the notification

 

a)

 

Position/status

Director of a major subsidiary

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

 

 

 

ZAE000081949

b)

 

Nature of the transaction

 

 

Award of 123,610 conditional shares for nil consideration to vest one year from date of award.

 

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

Nil

123,610

d)

 

Aggregated information

- Aggregated volume

 

- Price

 

123,610

 

Nil

e)

 

Date of the transaction

5 June 2020

f)

 

Place of the transaction

Johannesburg

 

 

Johannesburg and London

11 June 2020

 

Sponsor:

Investec Bank Limited

 


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