Director/PDMR Shareholding

Investec

11/07/2025 14:00

RNS Number : 7907Q

Investec PLC

11 July 2025

 

Investec Limited
Incorporated in the Republic of South Africa
Registration number 1925/002833/06
JSE share code: INL
JSE Hybrid code: INPR
JSE debt code: INLV
NSX share code: IVD
BSE share code: INVESTEC
ISIN:ZAE000081949
LEI: 213800CU7SM6O4UWOZ70
Investec plc
Incorporated in England and Wales
Registration number 3633621
LSE share code: INVP
JSE share code: INP
ISIN: GB00B17BBQ50
LEI: 2138007Z3U5GWDN3MY22

 

TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES

 

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) and persons closely associated with them, 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, Transparency Rules and Listing Rules of the Financial Conduct Authority and/or the JSE Listings Requirements.

 

Exercise of Share Options and Sale of Shares in terms of the Investec Limited Share Incentive Plan 2021 -Share Appreciations Rights (2022 Award)

 

 

In terms of the Investec Limited Incentive Plan 2021 - Share Appreciation Award (SAR), on the SAR exercise date, the appreciation in each SAR is calculated by deducting the grant price from the exercise price ("Appreciation Value"). The deemed exercise price is the volume weighted average price (VWAP) over 20 days to the vesting date and where participants have elected to sell the remaining shares, the same VWAP was used for such sale. Following the exercise of the SAR the participant receives Investec Limited shares to the equivalent of the Appreciation Value.

 

1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Cumesh Moodliar
2
Reason for the notification
a)
Position/status
PDMR / 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 on interest
Direct Beneficial
c)
Nature of the transaction
Off-market exercise of SAR
d)
Number of SAR awards
20,977
e)
Award Date
1 June 2022
f)
Award/Strike Price
ZAR89.21
g)
Number of Investec Limited shares received on exercise of SAR
6,300
h)
Deemed exercise Price (20-day VWAP)
ZAR127.5026
i)
Total value of transaction
ZAR803,263.87
j)
Date of the transaction
10 July 2025
k)
Place of the transaction
Johannesburg
l)
Clearance to deal obtained
Yes

 

a)
Nature of the transaction
On-Market sale of Investec Limited shares
b)
Number of securities
6,300
c)
Deemed Price (20-day VWAP)
ZAR127.5026
d)
Highest Price
ZAR 135.11
e)
Lowest Price
ZAR 119.00
f)
Total value of transaction:
ZAR803,263.87
g)
Date of the transaction
10 July 2025
h)
Place of the transaction
Johannesburg
i)
Clearance to deal obtained
Yes

 

 

 

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 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 on interest
Direct Beneficial
c)
Nature of the transaction
Off-market exercise of SAR
d)
Number of SAR awards
15,733
e)
Award Date
1 June 2022
f)
Award/Strike Price
ZAR89.21
g)
Number of Investec Limited shares received on exercise of SAR
4,725
h)
Deemed exercise price (20-day VWAP)
ZAR127.5026
i)
Total value of transaction
ZAR 602,457.48
j)
Date of the transaction
10 July 2025
k)
Place of the transaction
Johannesburg
l)
Clearance to deal obtained
Yes

 

a)
Nature of the transaction
On-Market sale of Investec Limited shares to cover tax and costs
b)
Number of securities
2,181
c)
Deemed Price (20-day VWAP)
ZAR127.5026
d)
Highest Price
ZAR 135.11
e)
Lowest Price
ZAR 119.00
f)
Total value of transaction:
ZAR 278,083.17
g)
Date of the transaction
10 July 2025
h)
Place of the transaction
Johannesburg
i)
Clearance to deal obtained
Yes

 

1
Transaction by the Company Secretary
a)
Name
Niki van Wyk
2
Reason for the notification
a)
Position/status
Company Secretary
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 on interest
Direct Beneficial
c)
Nature of the transaction
Off-market exercise of SAR
d)
Number of SAR awards
6,555
e)
Award Date
1 June 2022
f)
Award/Strike Price
R89.21
g)
Number of Investec Limited shares received on exercise of SAR
1,969
h)
Deemed exercise Price (20-day VWAP)
ZAR127.5026
i)
Total value of transaction
ZAR 251,007.99
j)
Date of the transaction
10 July 2025
k)
Place of the transaction
Johannesburg
l)
Clearance to deal obtained
Yes

 

a)
Nature of the transaction
On-Market sale of Investec Limited shares
b)
Number of securities
1,969
c)
Price per security
ZAR127.5026
d)
Highest Price
ZAR 135.11
e)
Lowest Price
ZAR 119.00
f)
Total value of transaction:
ZAR 251,007.99
g)
Date of the transaction
10 July 2025
h)
Place of the transaction
Johannesburg
i)
Clearance to deal obtained
Yes

 

 

 

Transaction by Company Secretary in Investec Limited Ordinary Shares

 

The following on market sale is notified in terms of Rules 3.63 - 3.74 of the JSE Listings Requirements:

 

1
Transaction by the Company Secretary
a)
Name
Niki van Wyk
2
Reason for the notification
a)
Position/status
Company Secretary
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 on interest
Direct Beneficial
c)
Nature of the transaction
On market sale of shares following the release of forfeitable shares
d)
Number of Securities
1,786
e)
Award Date
1 June 2022
f)
Award Price
R Nil
g)
Volume Weighted Average Price
ZAR 132.7668
h)
Highest Price
ZAR 132.90
i)
Lowest Price
ZAR 132.10
j)
Total value of transaction
ZAR 237,121.50
k)
Date of the transaction
10 July 2025
l)
Place of the transaction
Johannesburg

 

Clearance was obtained for the above dealings in securities.

 

 

The Investec Limited Share Incentive Plan 2021 (The "Plan"): Dealings in Securities

 

Shareholders are advised that, in compliance with paragraphs 3.63 to 3.66 and 3.96 of the JSE Listings Requirements, the Plan is required to disclose the details of the indirect beneficial off-market exercise of an option to acquire Investec Limited ordinary shares made to satisfy the Plan's obligations to its participants and accordingly the following deal is disclosed:

 

Date of transaction:
10 July 2025
Nature of the transaction
Off-market exercise of option
Number of Investec Limited shares received on exercise of option
646,955
Option Strike Price
ZAR91.32
Total Value:
ZAR59,079,930.60
Date of the transaction
10 July 2025
Place of the transaction
Johannesburg

 

 

Johannesburg and London

11 July 2025

Sponsor:

Investec Bank Limited

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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.

 
  END

 

 
DSHGPUWAMUPAGPG