Investec Share News (INVP)

IN BRIEF: Investec notes Berchar disposes of GBP333,671 in shares

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Notes Berchar Properties Ltd, a person closely associated with former Investec chief executive officer Stephen Koseff, disposes of 76,530 Investec shares at a price of 436p each on Friday last week. Total aggregate value is GBP333,671.

Investec expects all-share Rathbones merger to be sealed this year

(Alliance News) - Investec PLC and Ltd said on Friday the all-share merger between its unit Investec Wealth & Investment Ltd and Rathbones Group PLC is expected to be completed this year.

IN BRIEF: Associate of executive director sells Investec shares

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Fletcher Street No.2 Ltd disposes of 846,276 shares in Investec PLC at GBP4.60 each worth about GBP3.9 million in two transaction on Tuesday and Wednesday. Fletcher Street is associated with Investec executive director James Kieran Colum Whelan.

DIRECTOR DEALINGS: Investec departing director sells GBP883,215 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Tuesday and not separately reported by Alliance News:

IN BRIEF: Investec unit executive sells shares worth GBP186,400

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Ruth Leas sells 40,000 shares in Investec PLC at GBP4.66 each, worth GBP186,400, on Friday. Leas is the chief executive of Investec Bank PLC, a division which houses non-Southern African lending operations in the UK, the US, the Channel Islands, India and Ireland.

IN BRIEF: Investec director sells GBP800,000 worth of shares

Investec PLC and Ltd - Sandton, South Africa-based financial services company - Says Director Ciaran Whelan sells 174,027 shares at GBP4.76 per share, for a total of GBP828,368.

Investec claims majority interest in M&A advisory firm Capitalmind

(Alliance News) - Investec PLC and Ltd said on Wednesday it has agreed to raise its stake in Capitalmind Group, a mergers & acquisition and corporate finance advisory group.

UK "seen as less accommodating" for big business, despite Dechra deal

(Alliance News) - Analysts were divided over what the latest takeover deal for a London mid-cap means for the wider financial market in the UK.

LONDON BROKER RATINGS: Numis cuts 3i Group; HSBC likes JD Wetherspoon

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

IN BRIEF: accesso Technology agrees new USD40 million banking facility

accesso Technology Group PLC - Berkshire, England-based provider of software for leisure, entertainment and cultural sectors - Agrees new USD40 million revolving credit facility with HSBC Holdings PLC on a four-year term ending May 2027, accompanied by a USD20 million accordion option. Newly agreed facility replaces accesso Technology's previous undrawn GBP18 million arrangement with Investec PLC and Ltd from March 2021, which was due to expire in March 2024. This facility has now been cancelled. Says HSBC facility is accompanied by a USD20 million accordion option, which it may utilise as it "pursues its strategic plan into the mid-term". Says Numis Corp PLC acted as its debt advisor to the transaction.

IN BRIEF: Investec says Chief Strategy Officer Marc Kahn sells shares

Investec PLC - Sandton, Johannesburg-based financial services firm - Says Chief Strategy Officer Marc Kahn sells 74,322 shares for GBP4.4264 each, worth GBP328,978.

Investec reports strong year despite challenging backdrop

(Sharecast News) - Investec released its final results on Thursday, reporting that despite a challenging macroeconomic backdrop, it achieved a strong financial performance.

TOP NEWS: Investec annual profit up despite low funds under management

(Alliance News) - Investec PLC and Ltd on Thursday reported a "strong" financial performance, though funds under management buckled under a challenging macroeconomic backdrop.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Rathbones quarterly assets up slightly to GBP61 billion

Rathbones Group PLC - London-based investment and wealth management firm - Says funds under management and administration at the end of the first quarter of 2023 amounted to GBP60.9 billion, up 1.2% from GBP60.2 billion at the end of 2022. Underlying net operating income for the quarter fell by 2.2% to GBP117.8 million from GBP120.5 million.