Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL NSX share code: IVD BSE share code: INVESTEC ISIN: ZAE000081949 |
Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 |
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 29 May 2019, the Remuneration Committee of Investec met and agreed the awards of conditional shares 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
1.1 Award of forfeitable shares to F Titi, H du Toit, K McFarland, S Koseff, B Kantor and GR Burger (together the "Executive Directors")
On 29 May 2019 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following forfeitable share award (being the upfront portion of the Executive Directors' short term incentive awards) in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These forfeitable share awards vest immediately on award and are subject to a twelve month retention period.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Fani Titi and Hendrik du Toit |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 50,847 forfeitable shares for nil consideration to each of Fani Titi and Hendrik du Toit |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
50,847 to each of Fani Titi and Hendrik du Toit |
|
d) |
Aggregated information - Aggregated volume - Price |
50,847 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Kim McFarland |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 19,897 forfeitable shares for nil consideration to Kim McFarland |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
19,897 to Kim McFarland |
|
d) |
Aggregated information - Aggregated volume - Price |
19,897 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Stephen Koseff and Bernard Kantor |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 16,949 forfeitable shares for nil consideration to each of Stephen Koseff and Bernard Kantor |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
16,949 to each of Stephen Koseff and Bernard Kantor |
|
d) |
Aggregated information - Aggregated volume - Price |
16,949 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Glynn Burger |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 29,477 forfeitable shares for nil consideration to Glynn Burger |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
29,477 to Glynn Burger |
|
d) |
Aggregated information - Aggregated volume - Price |
29,477 Nil |
e) |
Date of the transaction |
29 May 2019 |
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 29 May 2019
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 28,680 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 4.52 |
28,680 |
|
d) |
Aggregated information - Aggregated volume - Price |
28,680 GBP 129,805.68 |
|
|
|
e) |
Date of the transaction |
29 May 2019 |
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 |
28,680 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 129,805.68 |
|
|
Highest price |
GBP 4.56 |
Lowest price |
GBP 4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, 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, Hendrik du Toit disposed of the following number of forfeitable shares on 29 May 2019
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Hendrik du Toit |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 23,946 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 4.52 |
23,946 |
|
d) |
Aggregated information - Aggregated volume - Price |
23,946 GBP 108,379.60 |
|
|
|
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
Number of shares |
23,946 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 108,379.60 |
|
|
Highest price |
GBP 4.56 |
Lowest price |
GBP 4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, 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, Kim McFarland disposed of the following number of forfeitable shares on 29 May 2019
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Kim McFarland |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 9,371 ordinary shares in order to settle a tax liability related to forfeitable share awards that vest immediately on award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 4.52 |
9,371 |
|
d) |
Aggregated information - Aggregated volume - Price |
9,371 GBP 42,413.15 |
|
|
|
e) |
Date of the transaction |
29 May 2019 |
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 |
9,371 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 42,413.15 |
|
|
Highest price |
GBP 4.56 |
Lowest price |
GBP 4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, 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, Bernard Kantor disposed of the following number of forfeitable shares on 29 May 2019
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Bernard Kantor |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 7,643 ordinary shares in order to settle a tax liability related to forfeitable share awards that vest immediately on award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 4.52 |
7,643 |
|
d) |
Aggregated information - Aggregated volume - Price |
7,643 GBP 34,592.22 |
|
|
|
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
Number of shares |
7,643 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 34,592.22 |
|
|
Highest price |
GBP 4.56 |
Lowest price |
GBP 4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, 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, Glynn Burger disposed of the following number of forfeitable shares on 29 May 2019
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Glynn Burger |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 13,855 ordinary shares in order to settle tax liability related to forfeitable share awards that vest immediately on award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 4.52 |
13,855 |
|
d) |
Aggregated information - Aggregated volume - Price |
13,855 GBP 62,707.73 |
|
|
|
e) |
Date of the transaction |
29 May 2019 |
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 |
13,855 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 62,707.73 |
|
|
Highest price |
GBP 4.56 |
Lowest price |
GBP 4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, London |
1.2 Award of conditional shares S Koseff, B Kantor and GR Burger
On 29 May 2019 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following conditional share award (being the deferred portion of the Executive Directors' short term incentive awards) in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These conditional share awards vest from years three to seven from award date and are subject to a further twelve month retention period after each vesting date.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Stephen Koseff and Bernard Kantor |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 74,481 conditional shares for nil consideration to each of Stephen Koseff and Bernard Kantor. These conditional share awards vest from three to seven years from award date and are subject to a further twelve month retention period after each vesting date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
74,481 to each of Stephen Koseff and Bernard Kantor |
|
d) |
Aggregated information - Aggregated volume - Price |
74,481 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Glynn Burger |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 129,533 conditional shares for nil consideration to Glynn Burger. These conditional share awards vest from three to seven years from award date and are subject to a further twelve month retention period after each vesting date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
129,533 to Glynn Burger |
|
d) |
Aggregated information - Aggregated volume - Price |
129,533 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1.3 Award of conditional shares to F Titi, H du Toit, K McFarland,
On 29 May 2019 and pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec made the following conditional share award (being the deferred portion of the Executive Directors' short term incentive awards) in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These conditional share awards vest evenly in the first and second year from award date and are subject to a further twelve month retention period after each vesting date.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Fani Titi and Hendrik du Toit |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 73,804 conditional shares for nil consideration to each of Fani Titi and Hendrik du Toit. These conditional share awards vest evenly in the first and second year from award date and are subject to a further twelve month retention period after each vesting date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
73,804 to each of Fani Titi and Hendrik du Toit |
|
d) |
Aggregated information - Aggregated volume - Price |
73,804 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Kim McFarland |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 28,880 conditional shares for nil consideration to Kim McFarland. These conditional share awards vest evenly in the first and second year from award date and are subject to a further twelve month retention period after each vesting date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
28,880 to Kim McFarland |
|
d) |
Aggregated information - Aggregated volume - Price |
28,880 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1.4 Award of fixed allowance shares to the Executive Directors
Pursuant to the Executive Directors' remuneration policy approved by shareholders, each of the Executive Directors are to receive a contractual annual fixed allowance of £500,000 each, payable in shares (the "Fixed Allowance Shares") and accordingly, on 29 May 2019, Investec made the following share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Plan. These shares will vest on award and will be released in five equal tranches in each of the five years following the year of award.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Stephen Koseff and Bernard Kantor |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of fixed allowance of 104,385 shares for nil consideration, to each of the Directors, to vest on award and be released over a period of five years following the year of award |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
104,385 to each of Stephen Koseff and Bernard Kantor |
|
d) |
Aggregated information - Aggregated volume - Price |
104,385 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
Disposal of shares by an executive director
The fixed allowance forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Bernard Kantor disposed of the following number of forfeitable shares on 29 May 2019:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Bernard Kantor |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 47,068 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 4.52 |
47,068 |
|
d) |
Aggregated information - Aggregated volume - Price |
47,068 GBP 213,029.52 |
e) |
Date of the transaction |
29 May 2019 |
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 |
47,068 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 213,029.52 |
|
|
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, London |
1.5 Award of fixed allowance shares to the Executive Directors
Pursuant to the Executive Directors' remuneration policy approved by shareholders, each of the Executive Directors are to receive a contractual annual fixed allowance of £666,000 each, payable in shares (the "Fixed Allowance Shares") and accordingly, on 29 May 2019, Investec made the following share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Plan. These shares will vest on award and will be released in two equal tranches in each of the two years following the year of award.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Fani Titi and Hendrik du Toit |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of fixed allowance of 139,040 shares for nil consideration, to each of the Directors, to vest on award and be released over a period of two years following the year of award |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
139,040 to each of Fani Titi and Hendrik du Toit |
|
d) |
Aggregated information - Aggregated volume - Price |
139,040 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
Disposal of shares by an executive director
The fixed allowance 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 29 May 2019:
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 15,726 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 4.52 |
15,726 |
|
d) |
Aggregated information - Aggregated volume - Price |
15,726 GBP71,175.88 |
e) |
Date of the transaction |
29 May 2019 |
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 |
15,726 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 71,175.88 |
|
|
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, London |
The fixed allowance forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Hendrik du Toit disposed of the following number of forfeitable shares on 29 May 2019:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Hendrik du Toit |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 65,481 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 4.52 |
65,481 |
|
d) |
Aggregated information - Aggregated volume - Price |
65,481 GBP 296,365.64 |
e) |
Date of the transaction |
29 May 2019 |
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 |
65,481 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 296,365.64 |
|
|
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, London |
1.6 Award of fixed allowance shares to the Executive Directors
Pursuant to the Executive Directors' remuneration policy approved by shareholders, each of the Executive Directors are to receive a contractual annual fixed allowance of £266,500 each, payable in shares (the "Fixed Allowance Shares") and accordingly, on 29 May 2019, Investec made the following share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Plan. These shares will vest on award and will be released in two equal tranches in each of the two years following the year of award.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Kim McFarland |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of fixed allowance of 55,637 shares for nil consideration, to each of the Directors, to vest on award and be released over a period of two years following the year of award |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
55,637 to Kim McFarland |
|
d) |
Aggregated information - Aggregated volume - Price |
55,637 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
Disposal of shares by an executive director
The fixed allowance forfeitable shares which vest immediately on award incur a tax liability. In order to settle this liability, Kim McFarland disposed of the following number of forfeitable shares on 29 May 2019:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Kim McFarland |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 26,203 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 118,594.78 |
26,203 |
|
d) |
Aggregated information - Aggregated volume - Price |
26,203 GBP 118,594.78 |
e) |
Date of the transaction |
29 May 2019 |
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 |
26,203 |
Volume weighted average selling price |
GBP 4.52 |
Total value of transaction |
GBP 118,594.78 |
|
|
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, London |
1.7 Award of conditional shares to the Executive Directors
Pursuant to the Executive Directors' remuneration policy approved by shareholders, new long-term Incentive awards of conditional shares have been made to the Executives, as set out below. These conditional share awards vest from years three to seven from award date and are subject to a further twelve month retention period after each vesting date.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Fani Titi and Hendrik du Toit |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 278,080 conditional shares to each of Fani Titi and Henrik du Toit for nil consideration to vest in five tranches from 29 May 2022 to 29 May 2026. These conditional share awards vest from years three to seven from award date and are subject to a further twelve month retention period after each vesting date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
278,080 to each of Fani Titi and Henrik du Toit. |
|
d) |
Aggregated information - Aggregated volume - Price |
278,080 each Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Kim McFarland |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 111,274 conditional shares to Kim McFarland for nil consideration to vest in five tranches from 29 May 2022 to 29 May 2026. These conditional share awards vest from years three to seven from award date and are subject to a further twelve month retention period after each vesting date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
111,274 to Kim McFarland. |
|
d) |
Aggregated information - Aggregated volume - Price |
111,274 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1.8 Award of forfeitable shares to N Samujh,
On 29 May 2019, Investec made forfeitable share in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These forfeitable share awards vest evenly in the first three years from award date.
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 57,273 forfeitable shares to Nishlan Samujh nil consideration. These forfeitable share awards vest evenly in the first three years from award date. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
57,273 to Nishlan Samujh. |
|
d) |
Aggregated information - Aggregated volume - Price |
53,273 Nil |
e) |
Date of the transaction |
29 May 2019 |
1.9 Award of forfeitable shares to N Samujh
On 29 May 2019, Investec made forfeitable share in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These forfeitable share awards vest evenly in first three years from award date.
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 53,410 forfeitable shares to Nishlan Samujh nil consideration to vest in three tranches from 29 May 2022 to 26 Feb 2024. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
53,410 to Nishlan Samujh. |
|
d) |
Aggregated information - Aggregated volume - Price |
53,410 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
Disposal of shares by an executive director
The forfeitable shares which vest immediately incur a tax liability. In order to settle this liability, Stephen Koseff disposed of the following number of shares on 29 May 2019.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
|
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 Limited |
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 Identification code |
Ordinary shares of ZAR0.0002 each ZAE000081949 |
b) |
Nature of the transaction |
On market sale of 250,425 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
ZAR 85.14 |
250,425 |
|
d) |
Aggregated information - Aggregated volume - Price |
250,425 ZAR21,322,881.65 |
|
|
|
e) |
Date of the transaction |
29 May 2019 |
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 |
250,425 |
Volume weighted average selling price |
ZAR85.14 |
Total value of transaction |
ZAR21,322,881.65 |
|
|
Highest price |
ZAR85.51 |
Lowest price |
ZAR84.60 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2019, Johannesburg |
2. PDMRs and Company Secretary: interests in Investec plc Ordinary Shares
2.1 Award of forfeitable shares to PDMRs
On 29 May 2019, Investec made forfeitable share awards (being the upfront portion of short term incentive awards) in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These forfeitable share awards vest immediately on award and are subject to a twelve month retention period.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Malcolm Fried |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 24,341 forfeitable shares for nil consideration |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
24,341 |
|
d) |
Aggregated information - Aggregated volume - Price |
24,341 Nil |
e) |
Date of the transaction |
29 May 2019 |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 37,223 forfeitable shares for nil consideration |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
37,223 |
|
d) |
Aggregated information - Aggregated volume - Price |
37,223 Nil |
e) |
Date of the transaction |
29 May 2019 |
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 |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 65,371 forfeitable shares for nil consideration |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
65,371 |
|
d) |
Aggregated information - Aggregated volume - Price |
65,371 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
David van der Walt |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 63,456 forfeitable shares for nil consideration |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
63,456 |
|
d) |
Aggregated information - Aggregated volume - Price |
63,456 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 31,516 forfeitable shares for nil consideration |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
31,516 |
|
d) |
Aggregated information - Aggregated volume - Price |
31,516 Nil |
e) |
Date of the transaction |
29 May 2019 |
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, of the following number of forfeitable shares on 29 May 2019:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
David van der Walt |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 29,885 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP4.52 |
29,885 |
|
d) |
Aggregated information - Aggregated volume - Price |
29,885 GBP135,259.51 |
e) |
Date of the transaction |
29 May 2018 |
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 |
29,885 |
Volume weighted average selling price |
GBP4,52 |
Total value of transaction |
GBP135,259.51 |
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2018, London |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 14,843 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP4.52 |
14,843 |
|
d) |
Aggregated information - Aggregated volume - Price |
14,843 GBP67,179.42 |
e) |
Date of the transaction |
29 May 2018 |
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 |
14,843 |
Volume weighted average selling price |
GBP4,52 |
Total value of transaction |
GBP67,179.42 |
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2018, London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Malcolm Fried |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
On market sale of 11,464 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP4.52 |
11,464 |
|
d) |
Aggregated information - Aggregated volume - Price |
11,464 GBP51,886.06 |
e) |
Date of the transaction |
29 May 2018 |
f) |
Place of the transaction |
London |
Number of shares |
11,464 |
Volume weighted average selling price |
GBP4,52 |
Total value of transaction |
GBP51,886.06 |
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2018, 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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
|
b) |
Nature of the transaction |
On market sale of 17,530 ordinary shares in order to settle a tax liability related to prior year share awards which have now vested. |
|
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP4.52 |
17,530 |
|
|
d) |
Aggregated information - Aggregated volume - Price |
17,530 GBP79,340.78 |
|
e) |
Date of the transaction |
29 May 2018 |
|
f) |
Place of the transaction |
London |
|
Number of shares |
17,530 |
Volume weighted average selling price |
GBP4,52 |
Total value of transaction |
GBP79,340.78 |
Highest price |
GBP4.56 |
Lowest price |
GBP4.49 |
Nature of interest |
Direct beneficial |
Date and place of transaction |
29 May 2018, London |
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements we disclose the following additional information:
2.2 Award of conditional shares to PDMRs
On 29 May 2019, Investec made conditional share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec 1 Limited share incentive plan. These conditional share awards vest in three equal tranches in the third, fourth and fifth years from the year of award:
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Malcolm Fried |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 38,623 conditional shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
38,623 |
|
d) |
Aggregated information - Aggregated volume - Price |
38,623 Nil |
e) |
Date of the transaction |
29 May 2019 |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 58,456 conditional shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
58,456 |
|
d) |
Aggregated information - Aggregated volume - Price |
58,456 Nil |
e) |
Date of the transaction |
29 May 2019 |
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 |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 104,385 conditional shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
104,385 |
|
d) |
Aggregated information - Aggregated volume - Price |
104,385 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 62,631 conditional shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
62,631 |
|
d) |
Aggregated information - Aggregated volume - Price |
62,631 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
David van der Walt |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 105,428 conditional shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
105,428 |
|
d) |
Aggregated information - Aggregated volume - Price |
105,428 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
On 29 May 2019, Investec made conditional share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These conditional share awards vest equally between years three to seven from award date. The awards are subject to a further twelve month retention period after vesting.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
David van der Walt |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 173,426 conditional shares for nil consideration which vest equally in years three to seven and are subject to a twelve month retention period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
173,426 |
|
d) |
Aggregated information - Aggregated volume - Price |
173,426 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 37,933 conditional shares for nil consideration which vest equally in years three to seven and are subject to a twelve month retention period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
37,933 |
|
d) |
Aggregated information - Aggregated volume - Price |
37,933 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
On 29 May 2019, Investec made conditional share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These conditional share awards vest equally between years one to three from award date. The awards are subject to a further twelve month retention period after vesting.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Malcolm Fried |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 23,156 conditional shares for nil consideration which vest equally in years one to three and are subject to a twelve month retention period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
23,156 |
|
d) |
Aggregated information - Aggregated volume - Price |
23,156 Nil |
e) |
Date of the transaction |
29 May 2019 |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 35,695 conditional shares for nil consideration which vest equally in years one to three and are subject to a twelve month retention period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
35,695 |
|
d) |
Aggregated information - Aggregated volume - Price |
35,695 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
On 29 May 2019, Investec made conditional share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These conditional share awards vest equally between years one to five from award date. The awards are subject to a further twelve month retention period after vesting.
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Ciaran Whelan |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 138,009 conditional shares for nil consideration which vest equally in years one to five and are subject to a twelve month retention period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
138,009 |
|
d) |
Aggregated information - Aggregated volume - Price |
138,009 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
On 29 May 2019, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These forfeitable share awards vest equally between years three to five from award date.
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 31,316 forfeitable shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
31,316 |
|
d) |
Aggregated information - Aggregated volume - Price |
31,316 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Jonathan Wragg |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 32,360 forfeitable shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
32,360 |
|
d) |
Aggregated information - Aggregated volume - Price |
32,360 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Steve Elliot |
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 155,533 forfeitable shares for nil consideration to vest in three equal tranches on the third, fourth and fifth years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
155,533 |
|
d) |
Aggregated information - Aggregated volume - Price |
155,533 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
On 29 May 2019, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec plc Executive Incentive Plan 2013 (the "Plan"). These forfeitable share awards vest equally between years one to three from award date.
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 Identification code |
Ordinary shares of GBP0.0002 each GB00B17BBQ50 |
b) |
Nature of the transaction |
Award of 6,264 forfeitable shares for nil consideration which vest equally in years one to three and are subject to a twelve month retention period |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
6,264 |
|
d) |
Aggregated information - Aggregated volume - Price |
6,264 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
London |
2.5 Award of forfeitable shares in Investec plc ordinary shares to 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 29 May 2019, Investec made forfeitable share awards in respect of ordinary shares in the capital of Investec plc for nil consideration pursuant to the Investec 1 Limited share incentive plan. 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 |
15,000 |
3. TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC LIMITED ORDINARY SHARES")
3.1 Award of forfeitable shares in Investec Limited ordinary shares to Directors of a Major Subsidiary
On 29 May 2019, 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. These forfeitable share awards vest in three equal tranches in the first, second and third years from the date of award:
1 |
Details of the director of a major subsidiary |
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 Limited |
b) |
LEI |
N/A |
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 |
Award of 156,819 forfeitable shares for nil consideration to vest in three equal tranches in the first, second and third years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
156,819 |
|
d) |
Aggregated information - Aggregated volume - Price |
156,819 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
Johannesburg |
1 |
Details of the director of a major subsidiary |
a) |
Name |
Stuart Spencer |
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 Limited |
b) |
LEI |
N/A |
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 |
Award of 75,000 forfeitable shares for nil consideration to vest in three equal tranches in the first, second and third years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
75,000 |
|
d) |
Aggregated information - Aggregated volume - Price |
75,000 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
Johannesburg |
3.2 Award of forfeitable shares in Investec Limited ordinary shares to Directors
On 29 May 2019, 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. These forfeitable share awards vest in three equal tranches in the third, fourth and fifth years from the date of award:
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 Limited |
b) |
LEI |
N/A |
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 |
Award of 123,864 forfeitable shares for nil consideration to vest in three equal tranches in the first, second and third years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
123,864 |
|
d) |
Aggregated information - Aggregated volume - Price |
123,864 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
Johannesburg |
1 |
Details of a director of a major subsidiary |
a) |
Name |
Stuart Spencer |
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 Limited |
b) |
LEI |
N/A |
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 |
Award of 35,000 forfeitable shares for nil consideration to vest in three equal tranches in the first, second and third years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
123,864 |
|
d) |
Aggregated information - Aggregated volume - Price |
35,000 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
Johannesburg |
3.3 Award of forfeitable shares in Investec Limited ordinary shares to PDMRs
On 29 May 2019, 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. These forfeitable share awards vest in three equal tranches in the first, second and third years from the date of award:
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 |
N/A |
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 |
Award of 127,500 forfeitable shares for nil consideration to vest in three equal tranches in the first, second and third years from the date of award. |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
Nil |
127,500 |
|
d) |
Aggregated information - Aggregated volume - Price |
127,500 Nil |
e) |
Date of the transaction |
29 May 2019 |
f) |
Place of the transaction |
Johannesburg |
3.4 Award of forfeitable shares in Investec Limited ordinary shares to 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 29 May 2019, 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. 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 |
15,000 |
31 MAY 2019
Sponsor:
Investec Bank Limited
