| Tue 28 Jun 2011, 16:00 | | INL/INP - Investec Limited/ Investec plc - Transactions in ordinary shares |
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INL INP
INL INP
INL/INP - Investec Limited/ Investec plc - Transactions in ordinary shares
Investec Limited
Incorporated in the Republic of South Africa
Registration number 1925/002833/06
JSE share code: INL
ISIN: ZAE000081949
Investec plc
Incorporated in England and Wales
Registration number 3633621
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 the Disclosure and Transparency Rules of the United Kingdom
Listing Authority (the "UKLA") and/or the JSE Listing Requirements.
Investec plc received notification on the 28th June 2011 of the following
dealings in Investec plc ordinary shares of GBP0.0002 each (the "Ordinary
Shares"):
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH.
(a) Dealings by a director of Investec plc - Mr Glynn Burger
In accordance with the terms of the Investec Share Matching Plan 2005 (the
"Incentive Plan"), 150,000 Incentive Plan Matching Shares, being the conditional
award made to G Burger under the terms of the Incentive Plan on 25 June 2007,
as announced at that time, were forfeited on 25 June 2011 as the performance
conditions in respect of that award have not been met.
The total number of Incentive Plan Matching Shares held by G Burger following
this announcement is 1,050,000.
(b) Dealings by a director of Investec plc - Mr Hendrik du Toit
Nature of transaction On market sale following the exercise
of options held in terms of the
Investec 1 Limited Share Incentive
Plan. Following this transaction, H du
Toit holds options over 1,093,750
Ordinary Shares in terms of the above
plan and options over 9,455 ordinary
shares in terms of the Investec plc
Share Option Plan 2002 at a strike
price of GBP1.59 per share.
Number of Securities 281,250
Volume weighted average selling price GPB 4.75
Total value of transaction GBP 1,335,908.81
Highest price GPB 4.7506
Lowest price GPB 4.7454
Nature of interest Direct beneficial
Date and place of transaction 27 June 2011, London
Clearance was obtained for the above dealings in securities.
Johannesburg and London
28 June 2011
Sponsor:
Investec Bank Limited
Date: 28/06/2011 16:00:03 Produced by the JSE SENS Department.
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