| Fri 26 May 2023, 17:30 | | INVESTEC PLC - Dealings in securities |
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Dealings in securities
Investec Limited Investec plc
Incorporated in the Republic of South Africa Incorporated in England and Wales
Registration number 1925/002833/06 Registration number 3633621
JSE share code: INL LSE share code: INVP
NSX share code: IVD JSE share code: INP
BSE share code: INVESTEC ISIN: GB00B17BBQ50
ISIN: ZAE000081949
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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 217 224
2. Nil 220 365
3. Nil 188 236
d) Aggregated information
- Aggregated volume 625 825
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 151 447
2. Nil 167 860
3. Nil 122 353
d) Aggregated information
- Aggregated volume 441 660
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 171 596
2. Nil 171 045
3. Nil 150 589
d) Aggregated information
- Aggregated volume 493 230
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 171 435
2. Nil 170 660
3. Nil 150 589
d) Aggregated information
- Aggregated volume 492 684
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 67 874
2. Nil 163 044
d) Aggregated information
- Aggregated volume 230 918
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 12 139
2. Nil 36 550
3. Nil 22 232
4. Nil 70 238
d) Aggregated information
- Aggregated volume 141 159
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 47 059
2. Nil 226 087
d) Aggregated information
- Aggregated volume 273 146
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 43 847
2. Nil 210 653
d) Aggregated information
- Aggregated volume 254 500
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 46 290
2. Nil 169 559
d) Aggregated information
- Aggregated volume 215 849
- Price 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 Ordinary shares of GBP0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 15 993
2. Nil 13 019
d) Aggregated information
- Aggregated volume 29 012
- Price 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 Initial notification
/Amendment
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 Ordinary shares of GBP0.0002 each
of instrument
Identification code 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)
Price(s) Volume(s)
1. Nil 21 020
2. Nil 17 954
d) Aggregated information
- Aggregated volume 38 974
- Price 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 Ordinary shares of ZAR0.0002 each
Identification code 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)
Price(s) Volume(s)
Nil 18 945
d) Aggregated information
- Aggregated volume 18 945
- Price 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 Ordinary shares of ZAR0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 128 219
2. Nil 30 312
d) Aggregated information
- Aggregated volume 158 531
- Price 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 Ordinary shares of ZAR0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 76 727
2. Nil 19 892
d) Aggregated information
- Aggregated volume 96 619
- Price 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 Ordinary shares of ZAR0.0002 each
Identification code 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)
Price(s) Volume(s)
1. Nil 106 394
2. Nil 43 573
d) Aggregated information
- Aggregated volume 149 967
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 102,302
d) Aggregated information
- Aggregated volume 102,302
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 80,814
d) Aggregated information
- Aggregated volume 80,814
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 71,325
d) Aggregated information
- Aggregated volume 71,325
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 80,738
d) Aggregated information
- Aggregated volume 80,738
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 31,966
d) Aggregated information
- Aggregated volume 31,966
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 21,802
d) Aggregated information
- Aggregated volume 21,802
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 20,652
d) Aggregated information
- Aggregated volume 20,652
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 22,931
d) Aggregated information
- Aggregated volume 22,931
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 22,164
d) Aggregated information
- Aggregated volume 22,164
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 7,534
d) Aggregated information
- Aggregated volume 7,534
- Price 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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares following the release of forfeitable
shares
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP4.26 9,901
d) Aggregated information
- Aggregated volume 9,901
- Price 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
Date: 26-05-2023 05:30:00
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