Wrap Text
Transactions in Investec plc and Investec Limited Ordinary Shares
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
TRANSACTIONS IN INVESTEC PLC AND INVESTEC LIMITED ORDINARY SHARES
As part of the dual listed company structure, Investec plc and Investec Limited (together "Investec") notify both
the London and Johannesburg Stock Exchanges of those interests (and changes to those interests) of (i)
directors of both entities and the respective company secretaries, (ii) persons discharging managerial
responsibilities (PDMRs) 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 2024, the Remuneration Committee of Investec met and agreed the awards to Investec staff.
Accordingly, we advise of the following transactions in shares, dated 30 May 2024:
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 30 May 2024 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 :
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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 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 a deferred vesting period in each of years 3
to 7 from award. Subject to a 12 month retention
period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 169 883
2. Nil 143 145
3. Nil 159 853
d) Aggregated information
- Aggregated volume 472 881
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 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 a deferred vesting period in each of years 3
to 7 from award. Subject to a 12 month retention
period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 110 417
2. Nil 93 040
3. Nil 103 898
d) Aggregated information
- Aggregated volume 307 355
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
In addition, 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 2013 :
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 Initial notification
/Amendment
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 Award of 122 380 additional conditional shares pursuant to
the Investec plc Executive Incentive Plan 2013 upon the
fulfilment of predetermined performance conditions as per
the June 2021 LTI award agreement. Issued for nil
consideration, vesting as per the original award profile in
years 3 to 7 from 2021, subject to a 12 month retention
period.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 122 380
d) Aggregated information
- Aggregated volume 122 380
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
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 Award of 61 190 additional conditional shares pursuant to
the Investec plc Executive Incentive Plan 2013 upon the
fulfilment of predetermined performance conditions as per
the June 2021 LTI award agreement. Issued for nil
consideration, vesting as per the original award profile in
years 3 to 7 from 2021, subject to a 12 month retention
period.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 61 190
d) Aggregated information
- Aggregated volume 61 190
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC
ORDINARY SHARES")
2. Interests in Investec plc Ordinary Shares – PDMRs
On 30 May 2024 and pursuant to the Executive 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 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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 12 month retention period upon
vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 21 023
2. Nil 47 530
d) Aggregated information
- Aggregated volume 68 553
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Wainwright
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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 12 month retention period upon
vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 22 074
2. Nil 49 905
d) Aggregated information
- Aggregated volume 71 979
- Price Nil
e) Date of the transaction 30 May 2024
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 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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 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 a deferred vesting period in each of years 3
to 7 from award. Subject to a 12 month retention
period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 53 817
2. Nil 75 690
3. Nil 91 912
d) Aggregated information
- Aggregated volume 221 419
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 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 a deferred vesting period in each of years 3
to 7 from award. Subject to a 12 month retention
period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 41 315
2. Nil 61 219
3. Nil 64 339
d) Aggregated information
- Aggregated volume 166 873
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
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 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 a 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 a deferred
vesting period in each of years 3 to 7 from award.
Subject to a 12 month retention period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 35 445
2. Nil 105 088
3. Nil 55 148
d) Aggregated information
- Aggregated volume 195 681
- Price Nil
e) Date of the transaction 30 May 2024
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 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 a deferred vesting period in each of years 1 to 4 from
award. Subject to a 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 a deferred vesting
period in each of years 2 to 4 from award. Subject to a 12
month retention period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 41 624
2. Nil 43 752
3. Nil 64 339
d) Aggregated information
- Aggregated volume 149 715
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
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 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 a deferred
vesting period in each of years 1 to 4 from award.
Subject to a 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
a deferred vesting period in each of years 2 to 4 from
award. Subject to a 12 month retention period upon
vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 36 009
2. Nil 74 777
3. Nil 56 618
d) Aggregated information
- Aggregated volume 167 404
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Lesley-Anne Gatter
2 Reason for the notification
a) Position/status PDMR
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Investec 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 a deferred vesting period in each of years 1 to 4 from
award. Subject to a 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 a deferred vesting
period in each of years 2 to 4 from award. Subject to a 12
month retention period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 20 080
2. Nil 44 067
3. Nil 29 105
d) Aggregated information
- Aggregated volume 93 252
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Abey Mokgwatsane
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 Ordinary shares of GBP0.0002 each
instrument
GB00B17BBQ50
Identification code
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 a deferred vesting period in each of years 1 to 4 from
award. Subject to a 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 a deferred vesting
period in each of years 2 to 4 from award. Subject to a 12
month retention period upon vesting.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 25 466
2. Nil 6 984
3. Nil 27 726
d) Aggregated information
- Aggregated volume 60 176
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
In addition, 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 2013 :
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 Ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction Award of 97 901 additional conditional shares pursuant
to the Investec plc Executive Incentive Plan 2013 upon
the fulfilment of predetermined performance conditions
as per the June 2021 LTI award agreement. Issued for
nil consideration, vesting as per the original award profile
in years 3 to 7 from 2021, subject to a 12 month
retention period.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 97 901
d) Aggregated information
- Aggregated volume 97 901
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Wainwright
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 Award of 97 901 additional conditional shares pursuant
to the Investec plc Executive Incentive Plan 2013 upon
the fulfilment of predetermined performance conditions
as per the June 2021 LTI award agreement. Issued for
nil consideration, vesting as per the original award
profile in years 3 to 7 from 2021, subject to a 12 month
retention period.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 97 901
d) Aggregated information
- Aggregated volume 97 901
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction London
TRANSACTIONS IN INVESTEC PLC ORDINARY SHARES OF GBP0.0002 EACH (THE "INVESTEC PLC
ORDINARY SHARES")
3. Interests in Investec plc Ordinary Shares – Company Secretary and person closely associated with
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 and person closely associated with the
Company Secretary:
On 30 May 2024, 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 9 583
Person closely associated with Company Number of forfeitable shares:
Secretary:
Jemima Baines 1 839
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC
LIMITED ORDINARY SHARES")
1. Interests in Investec Limited Ordinary Shares – Directors of major subsidiaries
On 30 May 2024 and pursuant to the Executive Directors' remuneration policy approved by the
shareholders, Investec made the following award 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):
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Rupesh Govan
2 Reason for the notification
a) Position/status Director of Major Subsidiary
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument,
type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction 1. Award of forfeitable shares representing Short Term
Incentive pursuant to the Investec Limited Share
Incentive Plan 2021. Issued for nil consideration with a
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 a
deferred vesting period in each of years 3 to 5 from
award.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 9 629
2. Nil 24 072
d) Aggregated information
- Aggregated volume 33 701
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction Johannesburg
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Cumesh Moodliar
2 Reason for the notification
a) Position/status PDMR and Director of Major Subsidiary
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
transaction; (iii) each date; and (iv) each place where transactions have been conducted
a) Description of the financial instrument,
type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction 1. Award of forfeitable shares representing the Short Term
Incentive pursuant to the Investec Limited Share
Incentive Plan 2021. Issued for nil consideration with a
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 a
deferred vesting period in each of years 3 to 5 from
award.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 115 543
2. Nil 68 034
d) Aggregated information
- Aggregated volume 183 577
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction Johannesburg
2. Interests in Investec Limited Ordinary Shares – PDMRs
On 30 May 2024 and pursuant to the Executive remuneration policy approved by the shareholders, 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):
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 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 Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction
1. Award of forfeitable shares representing Short Term
Incentive pursuant to the Investec Limited Share
Incentive Plan 2021. Issued for nil consideration with
a deferred vesting period in each of years 1 to 3 from
award.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 44 933
d) Aggregated information
- Aggregated volume 44 933
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction Johannesburg
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Richard Wainwright
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 Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction
1. Award of forfeitable shares representing Short Term
Incentive pursuant to the Investec Limited Share
Incentive Plan 2021. Issued for nil consideration with
a 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
a deferred vesting period in each of years 3 to 5 from
award.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 48 143
2. Nil 100 297
d) Aggregated information
- Aggregated volume 148 440
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction Johannesburg
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Joubert Hay
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 Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction
1. Award of forfeitable shares representing Short Term
Incentive pursuant to the Investec Limited Share
Incentive Plan 2021. Issued for nil consideration with
a 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
a deferred vesting period in each of years 3 to 5 from
award.
c) Price(s) and volume(s)
Price(s) Volume(s)
1. Nil 72 214
2. Nil 24 072
d) Aggregated information
- Aggregated volume 96 286
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction Johannesburg
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bradley Gatter
2 Reason for the notification
a) Position/status Person closely associated with 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 Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction 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.
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 2 006
d) Aggregated information
- Aggregated volume 2 006
- Price Nil
e) Date of the transaction 30 May 2024
f) Place of the transaction Johannesburg
g) Nature of interest: Direct beneficial
3. 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 30 May 2024, 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 9 583
London and Johannesburg
31 May 2024
Sponsor
Investec Bank Limited
Date: 31-05-2024 05:30:00
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