| Thu 15 Jun 2006, 9:18 | | Investec - Attributable Interests In The Ordinary |
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Investec - Attributable Interests In The Ordinary Share Capital Of Investec
Plc And Investec Limited
Investec Limited
Incorporated in the Republic of South Africa
Registration number 1925/002833/06
JSE share code: INL
ISIN: ZAE000040531
Investec plc (the "Company")
Incorporated in England and Wales
Registration number 3633621
JSE share code: INP
ISIN: GB0031773103
ATTRIBUTABLE INTERESTS IN THE ORDINARY SHARE CAPITAL OF INVESTEC PLC AND
INVESTEC LIMITED
As part of the dual listed company structure, Investec plc and Investec
Limited notify both the London Stock Exchange and the JSE Limited 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 Rules of the United Kingdom Listing
Authority (the "UKLA") and/or the JSE Listing Requirements.
The Company received notification on the 14th June 2006 of the following
changes to attributable interests in the ordinary shares of Investec
Limited and Investec plc as well as to changes in the holdings in the
Company:
1. TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.001 EACH.
Transactions by Directors of Investec plc and Investec Limited
The Company received notification on the 14th June 2006 that call options
in respect of 793,898 Investec plc ordinary shares and 455,914 Investec plc
ordinary shares of GBP0.001 each, written by Spurwing - P Investments
Limited ("Spurwing") were exercised on the 12th June 2006 at a strike price
of GBP7.93 and GBP10.52 per ordinary share respectively (the
"Transaction").
As a consequence of this Transaction, certain Directors" indirect
beneficial interests in the ordinary share capital of Investec plc have
decreased as set out in the table below:
Director Indirect Percentage of Price per
Beneficial issued class share
Interest
S.Koseff 47,999 0.04 GBP7.93
S.Koseff 27,564 0.04 GBP10.52
G.R. Burger 38,399 0.03 GBP7.93
G.R. Burger 22,051 0.03 GBP10.52
H.S. Herman 19,199 0.02 GBP7.93
H.S. Herman 11,026 0.02 GBP10.52
I.R. Kantor 47,999 0.04 GBP7.93
I.R. Kantor 27,564 0.04 GBP10.52
P.R.S. Thomas 9,600 <0.01 GBP7.93
P.R.S. Thomas 5,513 <0.01 GBP10.52
Following this notification, the above Directors" total beneficial and non-
beneficial holdings and the total percentage interest these holdings
represent in the issued ordinary share capital of Investec plc are laid out
in the table below:
Director Beneficial and non- Percentage of
beneficial issued class
interests
S.Koseff 982,010 1.32
G.R. Burger 500,205 0.67
H.S. Herman 278,076 0.37
I.R. Kantor 241,148 0.32
P.R.S. Thomas 85,217 0.11
At the same time, the Investec plc Guernsey Trust No. 1 (the "Guernsey
Trust") exercised options to acquire the following:
3,300 Investec plc ordinary shares at a strike price of GBP7.93 per share
6,221 Investec plc ordinary shares at a strike price of GBP10.52 per share
Pursuant to section 324 of the UK Companies Act 1985, the Company received
notification that by virtue of the acquisition by the Guernsey Trust of
9,521 Investec plc ordinary shares of GBP0.001 each, each of the executive
directors of the Company are interested in 9,521 ordinary shares. This is
because all the executive directors of the Company (together with all of
the employees of the Investec plc group) are potential beneficiaries of the
Trust and are therefore treated as interested in all the unallocated shares
held by the Trust.
The total number of Investec plc ordinary shares held by the Guernsey Trust
following this notification is 9,521.
Transactions by Persons Discharging Managerial Responsibility ("PDMRs")
Further to the Transaction detailed above we advise in accordance with UK
Disclosure Rule 3.1.4R (1) (a) that certain PDMRs"s indirect beneficial
interests in the ordinary share capital of Investec plc have decreased as
set out in the table below.
Name of PDMR Reduction in indirect beneficial
interest
S. Hackner 45,338
A. Leith 45,338
The place of the transaction was Johannesburg.
2. TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.001 EACH.
Transactions by a Director of Investec plc and Investec Limited
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the
following informationis disclosed:
Name of Director: B. Kantor
Date and place of 12 June 2006, London
transaction:
Shares: Investec Limited ordinary shares of
ZAR0.001 each
Number of shares: 47,999
Nature of transaction: Reduction in attributable interests
following the Transaction as set out
in 1 above
Transaction price: GBP7.93
Name of Director: B. Kantor
Date and place of 12 June 2006, London
transaction:
Shares: Investec Limited ordinary shares of
ZAR0.001 each
Number of shares: 27,564
Nature of transaction: Reduction in attributable interests
following the Transaction as set out
in 1 above
Transaction price: GBP10.52
Transactions by Persons Discharging Managerial Responsibility ("PDMR")
Further to the Transaction detailed above we advise in accordance with UK
Disclosure Rule 3.1.4R (1) (a) that certain PDMRs"s indirect beneficial
interests in the ordinary share capital of Investec Limited have decreased
as set out in the table below.
Name of PDMR Reduction in indirect
beneficial interest
B. Fried 45,338
S. Heilbron 37,782
D. van der Walt 45,338
Transactions by Directors of a major subsidiary of Investec Limited
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the
following information is disclosed:
Name of Director Reduction in indirect
of major beneficial interest
subsidiary
B. Tapnack 15,113
D. Lawrence 30,225
3. NOTIFICATION PURSUANT TO SECTION 198 OF THE UK COMPANIES ACT 1985
The Company received notification on the 14th June 2006 from the Investec
plc Jersey Trust No. 1 (the "Trust") that it had exercised options to
acquire the following:
790,598 Investec plc ordinary shares at a strike price of GBP7.93 per share
449,693 Investec plc ordinary shares at a strike price of GBP10.52 per
share.
The total holdings of the Trust prior to the notification are laid out
below:
Holdings Percentage
Investec plc Jersey Trust 1,152,467 1.54
No. 1
The total holdings of the Trust following the notification are laid out
below:
Holdings Percentage
Investec plc Jersey Trust 2,392,758 3.21
No. 1
Pursuant to section 324 of the UK Companies Act 1985, the Company received
notification that by virtue of the acquisition by the Trust of 1,240,291
Investec plc ordinary shares of GBP0.001 each, each of the executive
directors of the Company are interested in 1,240,291 ordinary shares. This
is because all the executive directors of the Company (together with all of
the employees of the Investec plc group) are potential beneficiaries of the
Trust and are therefore treated as interested in all the unallocated shares
held by the Trust.
Clearance was obtained for the above dealings in securities.
Johannesburg and London
14 June 2006
Sponsor:
Investec Bank Limited
Date: 15/06/2006 07:20:06 AM Produced by the JSE SENS Department
