REG - Investec PLC - Notice of AGM, Annual Report and Change Statement

InvestecAnnouncement

28/06/2024 07:00

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RNS Number : 2009U  Investec PLC  28 June 2024

 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

 JSE Hybrid code: INPR                           JSE share code: INP

 JSE debt code: INLV                             ISIN: GB00B17BBQ50

 NSX share code: IVD                             LEI: 2138007Z3U5GWDN3MY22

 BSE share code: INVESTEC

 ISIN: ZAE000081949

 LEI: 213800CU7SM6O4UWOZ70

 

As part of the dual listed company structure, Investec plc and Investec
Limited (together the "Investec Group") notify both the London Stock Exchange
and the JSE Limited of matters which are required to be disclosed under the
Disclosure Guidance and Transparency Rules, and Listing Rules of the Financial
Conduct Authority (the "FCA") and/or the JSE Listings Requirements.

 

Accordingly we advise of the following:

 

NOTICE OF THE ANNUAL GENERAL MEETINGS OF INVESTEC PLC AND INVESTEC LIMITED

ISSUE OF THE INVESTEC GROUP'S 2024 ANNUAL REPORT AND CHANGE STATEMENT

 

i)    The Annual General Meetings of Investec plc and Investec Limited
will be held as a combined electronic and physical meeting. The Annual General
Meeting of Investec plc will be held by webcast and at the registered office
of Investec plc at 30 Gresham Street, London EC2V 7QP, at 11:00 (UK time)
on Thursday, 08 August 2024. In accordance with the Dual Listed Company (DLC)
structure, the parallel Annual General Meeting of Investec Limited will be
held by webcast and at the registered office of Investec Limited at 100
Grayston Drive, Sandown, Sandton, at 12:00 (South African time) on Thursday,
08 August 2024.  The guide to joining the Annual General Meetings of
Investec plc and Investec Limited electronically may be found in the
respective Notices of the Annual General Meeting. The record date in order to
be eligible to vote at the Annual General Meeting of Investec Limited is
Friday, 02 August 2024, and accordingly the last day to trade is Tuesday, 30
July 2024.

 

ii)    The Investec Group's 2024 Annual Report for the year ended 31 March
2024 and Notices of the Annual General Meeting of Investec plc and Investec
Limited have been issued and distributed to shareholders today, 28 June 2024.

 

iii)   The unqualified Audit Reports by Ernst and Young Inc. and
PricewaterhouseCoopers Inc. are available for inspection at the registered
office of Investec Limited until the Annual General Meetings have commenced.

 

iv)   Shareholders are advised that there are modifications to the
financial results for the year ended 31 March 2024 for Investec plc and
Investec Limited, as published on 23 May 2024.

 

 

 

 

Notes:

 

1.   In the ordinary course of business, Investec Bank Limited purchases in
the open market listed debt instruments issued by Investec plc to support
client trading activities. A position of £52 million was identified that had
to be eliminated at an Investec DLC level.

2.   The Investec Group consolidates securitisation vehicles. The cash held
by the vehicles was separately accounted for in the Investec Group on
consolidation as 'customer accounts (deposits)' with the corresponding entry
in 'other securitised assets'. The accounting treatment was revised and an
amount of £72 million was adjusted downwards on each line.

3.   As part of a balance sheet simplification process, 'Insurance
liabilities, including unit-linked liabilities' of £16 million has been
aggregated with 'Liabilities to customers under investment contracts'.

 

A copy of the following documents can be viewed on Investec's website
at www.investec.com
(https://www.investec.com/en_gb/welcome-to-investec/about-us/investor-relations/financial-information/group-financial-results.html)
, and will shortly be available for inspection at the National Storage
Mechanism (where
required), https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

 

·      Investec Group's 2024 Annual Report

·      Investec plc's 2024 audited consolidated Annual Report

·      Investec Limited's 2024 audited consolidated Annual Report

·      Notices of the Annual General Meeting of Investec plc and
Investec Limited, including the Proxy Form for Investec Limited

 

Investec Group's 2024 audited annual financial statements are also available
on the JSE cloudlink at
https://senspdf.jse.co.za/documents/2024/jse/isse/INL/AFS2024.pdf
(https://senspdf.jse.co.za/documents/2024/jse/isse/INL/AFS2024.pdf)

 

 

Enquiries:

David
Miller
Niki van Wyk

Company
Secretary                                                                            Company
Secretary

Investec
plc
Investec Limited

+44 (0)207 597
4000                                                                           +27
11 286 7000

 

Johannesburg and London

Date:  28 June 2024

 

Sponsor:

Investec Bank Limited

 

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