REG - Investec PLC - Director/PDMR Shareholding
06/06/2022 16:45
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RNS Number : 8895N Investec PLC 06 June 2022
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 26 May 2022, 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 1 June 2022 and pursuant to the Executive Directors' remuneration policy
approved by the shareholders, Investec made the following awards 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 207 883
2. Nil 194 500
3. Nil 167 715
d) Aggregated information
- Aggregated volume 570 098
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
570 098
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Fani Titi disposed of the following number
of forfeitable shares on 6 June 2022.
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.86 97,290
d) Aggregated information
- Aggregated volume
97,290
- Price GBP 4.86
e) Date of the transaction 6 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
97,290
GBP 4.86
e)
Date of the transaction
6 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 97,290
Volume weighted average selling price GBP 4.86
Total value of transaction GBP 473,768.44
Highest price GBP 4.92
Lowest price GBP 4.80
Nature of interest Direct beneficial
Date and place of transaction 6 June 2022, London
2. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy
approved by the shareholders, Investec made the following awards 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 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 135 124
2. Nil 126 425
3. Nil 109 015
d) Aggregated information
- Aggregated volume 370 564
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
370 564
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Nishlan Samujh disposed of the following
number of forfeitable shares on 6 June 2022.
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.86 62,563
d) Aggregated information
- Aggregated volume
62,563
- Price GBP 4.86
e) Date of the transaction 6 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
62,563
GBP 4.86
e)
Date of the transaction
6 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 62,563
Volume weighted average selling price GBP 4.86
Total value of transaction GBP 304,660.04
Highest price GBP 4.92
Lowest price GBP 4.80
Nature of interest Direct beneficial
Date and place of transaction 6 June 2022, London
3. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy
approved by the shareholders, Investec made the following awards 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 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 166 307
2. Nil 155 600
3. Nil 134 172
d) Aggregated information
- Aggregated volume 456 079
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
456 079
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Ciaran Whelan disposed of the following
number of forfeitable shares on 6 June 2022.
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.86 80,309
d) Aggregated information
- Aggregated volume
80,309
- Price GBP 4.86
e) Date of the transaction 6 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
80,309
GBP 4.86
e)
Date of the transaction
6 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 80,309
Volume weighted average selling price GBP 4.86
Total value of transaction GBP 391,076.88
Highest price GBP 4.92
Lowest price GBP 4.80
Nature of interest Direct beneficial
Date and place of transaction 6 June 2022, London
4. Interests in Investec plc Ordinary Shares - Executive Directors
On 1 June 2022 and pursuant to the Executive Directors' remuneration policy
approved by the shareholders, Investec made the following awards 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 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 166 307
2. Nil 155 600
3. Nil 134 172
d) Aggregated information
- Aggregated volume 456 079
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
456 079
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by an executive director
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Richard Wainwright disposed of the
following number of forfeitable shares on 6 June 2022
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.86 74,724
d) Aggregated information
- Aggregated volume 74,724
GBP 4.86
- Price
e) Date of the transaction 6 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
74,724
GBP 4.86
e)
Date of the transaction
6 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 74,724
Volume weighted average selling price GBP 4.86
Total value of transaction GBP 363,879.88
Highest price GBP 4.92
Lowest price GBP 4.80
Nature of interest Direct beneficial
Date and place of transaction 06 June 2022, London
5. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards 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
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 48 097
2. Nil 63 828
3. Nil 67 086
d) Aggregated information
- Aggregated volume 179 011
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
179 011
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Ruth Leas disposed of the following number
of forfeitable shares on 1 June 2022
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.84 23,254
d) Aggregated information
- Aggregated volume 23,254
- Price GBP 4.84
e) Date of the transaction 01 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
23,254
GBP 4.84
e)
Date of the transaction
01 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 23,254
Volume weighted average selling price GBP 4.84
Total value of transaction GBP 112,740.04
Highest price GBP 4.87
Lowest price GBP 4.82
Nature of interest Direct beneficial
Date and place of transaction 01 June 2022, London
6. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards 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 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. 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 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 2, 3 and 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.
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
5. 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 2.5, 3.5 and 5 from award.
Subject to 6 month retention period upon vesting
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 45 826
2. Nil 49 920
3. Nil 45 628
4. Nil 5 323
5. Nil 4 687
d) Aggregated information
- Aggregated volume 151 384
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
151 384
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Marc Kahn disposed of the following number
of forfeitable shares on 1 June 2022
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 On market sale of ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.84 22,157
d) Aggregated information
- Aggregated volume 22,157
- Price GBP 4.84
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
22,157
GBP 4.84
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 22,157
Volume weighted average selling price GBP 4.84
Total value of transaction GBP 107,421.57
Highest price GBP 4.87
Lowest price GBP 4.82
Nature of interest Direct beneficial
Date and place of transaction 1 June 2022, London
7. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards 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 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
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 42 684
2. Nil 63 352
3. Nil 46 122
d) Aggregated information
- Aggregated volume 152 158
Nil
- Price
e) Date of the transaction 1 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
152 158
Nil
e)
Date of the transaction
1 June 2022
f)
Place of the transaction
London
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Lyndon Subroyen disposed of the following
number of forfeitable shares on 6 June 2022
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.89 20,638
d) Aggregated information
- Aggregated volume 20,638
- Price GBP 4.89
e) Date of the transaction 6 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
20,638
GBP 4.89
e)
Date of the transaction
6 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 20,638
Volume weighted average selling price GBP 4.89
Total value of transaction GBP 100,997.77
Highest price GBP 4.89
Lowest price GBP 4.89
Nature of interest Direct beneficial
Date and place of transaction 6 June 2022, London
8. Interests in Investec plc Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards 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).
Details of the person discharging managerial responsibilities / person closely
associated
Name Mark Currie
Reason for the notification
Position/status PDMR
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Investec plc
LEI 2138007Z3U5GWDN3MY22
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
Description of the financial instrument, type of instrument
Ordinary shares of GBP0.0002 each
Identification code
GB00B17BBQ50
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
Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 38 817
2. Nil 117 336
3. Nil 39 833
Aggregated information
- Aggregated volume 195 986
Nil
- Price
Date of the transaction 1 June 2022
Place of the transaction London
Aggregated information
- Aggregated volume
- Price
195 986
Nil
Date of the transaction
1 June 2022
Place of the transaction
London
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Mark Currie disposed of the following
number of forfeitable shares on 6 June 2022
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 ordinary shares in order to settle a tax liability related
forfeitable share awards that vest immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 4.89 18,768
d) Aggregated information
- Aggregated volume 18,768
- Price GBP 4.89
e) Date of the transaction 6 June 2022
f) Place of the transaction London
d)
Aggregated information
- Aggregated volume
- Price
18,768
GBP 4.89
e)
Date of the transaction
6 June 2022
f)
Place of the transaction
London
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Number of shares 18,768
Volume weighted average selling price GBP 4.89
Total value of transaction GBP 91,846.41
Highest price GBP 4.89
Lowest price GBP 4.89
Nature of interest Direct beneficial
Date and place of transaction 6 June 2022, London
9. 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 1 June 2022, 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 10 717
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the
"INVESTEC LIMITED ORDINARY SHARES")
10. Interests in Investec Limited Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards 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).
Details of the person discharging managerial responsibilities / person closely
associated
Name Stuart Spencer
Reason for the notification
Position/status PDMR
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Investec Limited
LEI 213800CU7SM6O4UWOZ70
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
Description of the financial instrument, type of instrument
Ordinary shares of ZAR0.0002 each
Identification code
ZAE000081949
Nature of the transaction 1. Award of forfeitable shares representing the upfront component of Short
Term Incentive pursuant to the Investec Limited Share Incentive Plan 2021.
Issued for nil consideration with immediate vesting
2. Award of conditional 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.
3. Award of conditional 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.
Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 45 331
2. Nil 44 803
3. Nil 46 385
Aggregated information
- Aggregated volume 136 519
Nil
- Price
Date of the transaction 1 June 2022
Place of the transaction Johannesburg
Aggregated information
- Aggregated volume
- Price
136 519
Nil
Date of the transaction
1 June 2022
Place of the transaction
Johannesburg
Disposal of shares by a PDMR
The forfeitable shares which vest immediately on award incur a tax liability.
In order to settle this liability, Stuart Spencer disposed of the following
number of forfeitable shares on 2 June 2022
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 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 of the transaction On market sale of ordinary related forfeitable share awards that vest
immediately on award.
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 95.43 45,331
d) Aggregated information
- Aggregated volume 45,331
- Price ZAR 95.43
e) Date of the transaction 2 June 2022
f) Place of the transaction Johannesburg
d)
Aggregated information
- Aggregated volume
- Price
45,331
ZAR 95.43
e)
Date of the transaction
2 June 2022
f)
Place of the transaction
Johannesburg
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we
disclose the following additional information:
Volume weighted average price ZAR 95.43 per share
Total value of transaction ZAR 4,325,724.47
Highest price ZAR 95.89
Lowest price ZAR 95.01
Nature of interest Direct beneficial
11. Interests in Investec Limited Ordinary Shares - PDMRs
On 1 June 2022 Investec made the following awards 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).
Details of the person discharging managerial responsibilities / person closely
associated
Name Henry Blumenthal
Reason for the notification
Position/status PDMR
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Investec Limited
LEI 213800CU7SM6O4UWOZ70
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
Description of the financial instrument, type of instrument
Ordinary shares of ZAR0.0002 each
Identification code
ZAE000081949
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.
Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 167 185
2. Nil 68 589
Aggregated information
- Aggregated volume 235 774
Nil
- Price
Date of the transaction 1 June 2022
Place of the transaction Johannesburg
Aggregated information
- Aggregated volume
- Price
235 774
Nil
Date of the transaction
1 June 2022
Place of the transaction
Johannesburg
12. Interests in Investec Limited Ordinary Shares - Director of major
subsidiary
On 1 June 2022 Investec made the following awards 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).
Details of the person discharging managerial responsibilities / person closely
associated
Name Marle van der Walt
Reason for the notification
Position/status Director of major subsidiary
Initial notification /Amendment Initial Notification
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
Name Investec Limited
LEI 213800CU7SM6O4UWOZ70
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
Description of the financial instrument, type of instrument
Ordinary shares of ZAR0.0002 each
Identification code
ZAE000081949
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.
Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 51 442
2. Nil 21 434
Aggregated information
- Aggregated volume 72 876
Nil
- Price
Date of the transaction 1 June 2022
Place of the transaction Johannesburg
Aggregated information
- Aggregated volume
- Price
72 876
Nil
Date of the transaction
1 June 2022
Place of the transaction
Johannesburg
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 1 June 2022, 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 10 717
Johannesburg and London
06 June 2022
Sponsor: Investec Bank Limited
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