Investec Share News (INVP)

IN BRIEF: Investec executives sell GBP365,000 in shares

Investec PLC and Ltd - Sandton, Johannesburg-based financial services - Marc Kahn, global head of human resources & organisation, sells 47,480 shares at GBP5.26, worth GBP249,943, on Tuesday. Joubert Hay, chief executive of Investec Investment Management, sells 22,406 shares at ZAR122.76, worth ZAR2.8 million, about GBP115,689, also on Tuesday.

Lender Investec raises targets after improved performance

JOHANNESBURG, May 23 (Reuters) - South African lender Investec has raised its medium-term targets, including return on equity and dividend ratio, thanks to structural improvement in group performance, it said on Thursday after reporting a 9.1% rise in full-year profit.

Revenue, profits rise at newly-expanded Investec

(Sharecast News) - Investec reported a 5% rise in revenue in its final results on Thursday, to £2.09bn, driven by a strong performance from its corporate client franchises and the Investec Wealth & Investment division in South Africa.

TOP NEWS: Investec annual profit dips as interest costs take toll

(Alliance News) - Investec PLC and Ltd on Thursday reported a slight drop in annual profit as interest expense mounted, outshining increased client activity and expanding loan book.

S.African lender Investec posts 9.1% rise in full-year profit

JOHANNESBURG, May 23 (Reuters) - South African lender Investec on Thursday reported full-year profit up 9.1%, buoyed by growth in lending books and higher average interest rates.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: IP Group joins USD111 million financing round for Hysata

IP Group PLC - invests in companies pursuing breakthrough science - Portfolio company Hysata Pty Ltd completes USD111.3 million series B funding round. Hysata is developing electrolysers to produce green hydrogen efficiently. It will use the fresh cash to advance product development and expand production capacity at its manufacturing facility in Wollongong, New South Wales, Australia, as it focuses on "reaching gigawatt scale manufacturing". The funding round, which Hysata calls "the largest series B in Australian clean tech history", is led by bp Ventures, part of oil major BP PLC, and private equity firm Templewater Ltd, a spin-off from Investec PLC.

TOP NEWS: Investec sees solid annual performance after Rathbones deal

(Alliance News) - Investec PLC and Ltd said on Wednesday it expects a "solid" financial performance, underpinned by diversified revenue streams and a gain from the recent Rathbones deal.

Investec delivers 'solid FY performance despite macro uncertainty

(Sharecast News) - International banking and wealth management group Investec delivered a "solid" full-year performance on Wednesday despite a prevailing "uncertain macroeconomic environment" and "persistent market volatility".

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Investec buys back nearly GBP142 million of bonds

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Buys back GBP141.9 million of its GBP250.0 million 6.75% fixed rate notes. As at Wednesday, GBP141.9 million had been validly tendered for purchase after the offer. The bank has said this is part of its "active management of its debt profile and capital base".

IN BRIEF: Investec launches tender offer for GBP250.0 million notes

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Launches tender offer to holders of its GBP250.0 million 6.75% fixed rate notes to tender these securities for purchase by the company in exchange for cash. Says this is part of the group's "active management of its debt profile and capital base". Says the net proceeds will be used for general corporate purposes.

IN BRIEF: Investec invests in Commercial Estate for new Bristol office

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Provides Commercial Estates Group with a GBP13.7 million investment loan secured against CEG's 1000 Aztec West Grade A office building in Bristol. This is the first transaction between the two companies and refinances an existing development loan. 1000 Aztec West, completed in December, is south west England's "first net zero carbon out-of-town office" 73,000 square feet of space. Investec says Bristol's Grade A office space supply "remains highly constrained, with approximately three months of availability based on average Grade A take-up in the market."

IN BRIEF: Hollywood Bowl starts first half of GBP10 million buyback

Hollywood Bowl Group PLC - Hemel Hempstead, England-based ten-pin bowling centre operator - Picks Investec PLC to run the initial GBP5 million portion of the GBP10 million share buyback that Hollywood Bowl announced back in December. The buyback will start on Monday and be completed by January 29, 2025.

IN BRIEF: Investec says will not make SA political party donations

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Says Investec Ltd will not make donations to any political parties in South Africa. Its decision comes as South Africans prepare to vote in general elections this year. Says the company will continue to support the deepening of democracy through donations to independent organisations that support the constitution of South Africa and voter education.