| Wed 28 Dec 2011, 14:00 | | INL/INP - Investec - Director Dealing in Securities |
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INL INP
INL INP
INL/INP - Investec - Director Dealing in Securities
Investec Limited Investec plc
Incorporated in the Republic of Incorporated in England and
South Africa Wales
Registration number Registration number 3633621
1925/002833/06 JSE share code: INP
JSE share code: INL ISIN: GB00B17BBQ50
ISIN: ZAE000081949
(together "Investec")
As part of the dual listed company structure, Investec plc and Investec
Limited 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.
Accordingly, we advise of the following changes to attributable interests in
the ordinary shares of Investec plc and Investec Limited:
1. INTERESTS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the
"INVESTEC LIMITED ORDINARY SHARES")
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:
Award of nil cost options in Investec Limited ordinary shares
On the 23 December 2011, Investec made forfeitable awards in respect of nil
cost options in the capital of Investec Limited for nil consideration pursuant
to its Long Term Incentive Plan ("LTIP"). In terms of the LTIP plan rules, 75%
of the options are exercisable on 23 December 2015 and the remaining 25% of
the options are exercisable on 23 December 2016, on condition that the
participant is still employed by Investec. The awards are in accordance with
the determination of the Remuneration Committee and with the rules of the LTIP
plan.
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, Investec
Limited advises of the following changes to attributable interests in Investec
Limited by a director of a major subsidiary of Investec Limited:
NUMBER OF OPTIONS AWARDED
Bradley Tapnack 100,000
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, Investec
Limited advises of the following changes to attributable interests in Investec
Limited by the Company Secretary:
NUMBER OF OPTIONS AWARDED
Benita Coetsee 20,000
2. INTERESTS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE
"INVESTEC PLC ORDINARY SHARES")
Award of nil cost options in Investec plc ordinary shares
On the 23 December 2011, Investec made forfeitable awards in respect of nil
cost options in the capital of Investec plc for nil consideration pursuant to
its Long Term Incentive Plan ("LTIP"). In terms of the LTIP plan rules, 75% of
the options are exercisable on 23 December 2015 and the remaining 25% of the
options are exercisable on 23 December 2016, on condition that the participant
is still employed by Investec. The awards are in accordance with the
determination of the Remuneration Committee and with the rules of the LTIP
plan.
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:
NUMBER OF OPTIONS AWARDED
David Miller 20,000
Johannesburg and London
28 December 2011
Sponsor:
Investec Bank Limited
Date: 28/12/2011 14:00:01 Produced by the JSE SENS Department.
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