|
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 24 May 2023, 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 25 May 2023 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following award 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
|
625 825
Nil
|
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
|
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
|
441 660
Nil
|
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
|
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
|
493 230
Nil
|
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
|
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
|
492 684
Nil
|
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC ORDINARY SHARES")
2. Interests in Investec plc Ordinary Shares - PDMRs
On 25 May 2023 and pursuant to the Executive remuneration policy approved by the shareholders, Investec made the following award 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.
|
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
230 918
Nil
|
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
|
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, relating to the period and designation as 'junior MRT'. Issued for nil consideration with immediate vesting subject to a 12 month retention period.
2. Award of forfeitable shares representing the upfront component of Short Term Incentive pursuant to the Investec plc Share Incentive Plan 2021, relating to the period and designation as 'senior MRT'. Issued for nil consideration with immediate vesting subject to a 12 month retention period.
3. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec plc Share Incentive Plan 2021, relating to the period and designation as 'junior MRT'. 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.
4. Award of conditional shares representing the deferred component of Short Term Incentive pursuant to the Investec plc Share Incentive Plan 2021, relating to the period and designation as 'senior MRT'. 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.
|
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
141 159
Nil |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
|
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.
|
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
273 146
Nil
|
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
|
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
|
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.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
254 500
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
London |
||||
|
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 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 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.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
215 849
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
London |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a) |
Name
|
Lesley-Anne Gatter
|
||||
|
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 a 12 month retention period upon vesting.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
29 012
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
London |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a) |
Name
|
Abey Mokgwatsane |
||||
|
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 5 from award subject to a 6 month retention period upon vesting.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
38 974
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
London |
||||
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC ORDINARY SHARES")
3. 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 25 May 2023, 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 |
11 313 |
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC LIMITED ORDINARY SHARES")
1. Interests in Investec Limited Ordinary Shares - Directors of major subsidiaries
On 25 May 2023 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following 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).
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a) |
Name
|
Rupesh Govan
|
||||
|
2 |
Reason for the notification
|
|||||
|
a) |
Position/status
|
Director of 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
|
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
|
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. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
18 945
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
Johannesburg |
||||
2. Interests in Investec Limited Ordinary Shares - PDMRs
On 25 May 2023 and pursuant to the Executive remuneration policy approved by the shareholders, Investec made the following award 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).
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a) |
Name
|
Henry Blumenthal
|
||||
|
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
|
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. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
158 531
Nil |
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
Johannesburg |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a) |
Name
|
Joubert Hay
|
||||
|
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
|
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. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
96 619
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
Johannesburg |
||||
|
1 |
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a) |
Name
|
Cumesh Moodliar
|
||||
|
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
|
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. |
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information
- Aggregated volume
- Price
|
149 967
Nil
|
||||
|
e) |
Date of the transaction
|
25 May 2023 |
||||
|
f) |
Place of the transaction
|
Johannesburg |
||||
3. 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 25 May 2023, 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 |
11 313 |
On market sale of shares following the release of forfeitable shares
TRANSACTIONS BY A DIRECTOR IN INVESTEC PLC ORDINARY SHARES
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
102,302
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP435,808.57 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
80,814
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP344,269.26 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
71,325
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP303,845.93 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
80,738
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP343,945.49 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
TRANSACTIONS BY A PDMR IN INVESTEC PLC ORDINARY SHARES
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
31,966
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP136,175.80 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
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 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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
21,802
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP92,876.96 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
20,652
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP87,977.93 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Marc Khan |
||||
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
22,931
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP97,686.52 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
22,164
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP94,419.08 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Lesley-Anne Gatter |
||||
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
7,534
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP32,094.99 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|||||
|
a)
|
Name
|
Abey Mokgwatsane |
||||
|
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 shares following the release of forfeitable shares |
||||
|
c)
|
Price(s) and volume(s)
|
|
||||
|
d)
|
Aggregated information
- Aggregated volume
- Price |
9,901
GBP4.26 |
||||
|
e)
|
Date of the transaction
|
25 May 2023 |
||||
|
f)
|
Place of the transaction
|
London |
||||
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements we disclose the following additional information:
|
Volume weighted average price |
GBP4.26 |
|
Total value of transaction |
GBP42,178.46 |
|
Highest price |
GBP4.28 |
|
Lowest price |
GBP4.22 |
|
Nature of interest |
Direct beneficial |
Clearance was obtained for the above dealings in securities.
Johannesburg and London
26 May 2023
Sponsor:
Investec Bank Limited
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.
