Sign In
Last checked at 
29 May 2026 15:30
Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL JSE hybrid code: INPR JSE debt code: INLV NSX share code: IVD BSE share code: INVESTEC ISIN: ZAE000081949 LEI: 213800CU7SM6O4UWOZ70 | Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22 |
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 Listings Requirements.
On 27 May 2026, the Remuneration Committee duly approved the awards to Investec staff. Accordingly, we advise of the following transactions in shares, dated 28 May 2026:
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 28 May 2026 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
Identification code
|
Ordinary shares of GBP0.0002 each
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 performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 7 from award. Subject to a 12-month retention period upon vesting.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
374 987
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| Johannesburg | ||||
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
| 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 performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 7 from award. Subject to a 12-month retention period upon vesting.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
249 992
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| Johannesburg | ||||
In addition, pursuant to the Executive Directors' remuneration policy approved by the shareholders, Investec has assessed the attainment of the performance conditions relating to the June 2023 LTI award pursuant to the Investec plc Share Incentive Plan 2021, and accordingly the award will vest at 66.16% of the original award. The revised award is disclosed below.
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
| June 2023 award of 188 236 conditional shares revised to 124 540 conditional shares pursuant to the Investec plc Share Incentive Plan 2021 upon the fulfilment of predetermined performance conditions as per the June 2023 LTI award agreement. Issued for nil consideration, vesting as per the original award profile in years 3 to 7 from 2023, subject to a 12-month retention period.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
124 540
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| 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
Identification code
|
Ordinary shares of GBP0.0002 each
GB00B17BBQ50
| ||||
b)
| Nature of the transaction
| June 2023 award of 122 353 conditional shares revised to 80 951 conditional shares pursuant to the Investec plc Executive Incentive Plan 2013 upon the fulfilment of predetermined performance conditions as per the June 2023 LTI award agreement. Issued for nil consideration, vesting as per the original award profile in years 3 to 7 from 2023, subject to a 12-month retention period.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
80 951
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| London | ||||
2. Interests in Investec plc Ordinary Shares - PDMRs and Directors of major subsidiaries
On 28 May 2026, 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
| 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 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
| 1. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
2. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
206 230
Nil | ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| Johannesburg | ||||
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
Identification code
|
Ordinary shares of GBP0.0002 each
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 deferred vesting in years 1 to 4 from award with no further retention requirements.
3. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred in years 3 to 5 from award with no further retention requirements.
4. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
67 882
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| Johannesburg | ||||
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
Identification code
|
Ordinary shares of GBP0.0002 each
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 deferred vesting in years 1 to 4 from award with no further retention requirements.
3. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
4. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
78 804
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| Johannesburg | ||||
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 instrument
Identification code
|
Ordinary shares of GBP0.0002 each
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 Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
3. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
33 739
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| Johannesburg | ||||
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
Identification code
|
Ordinary shares of GBP0.0002 each
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 Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
3. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
37 379
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | Place of the transaction
| Johannesburg | ||||
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
| 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 deferred vesting in years 1 to 4 from award with no further retention requirements.
3. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
4. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information
- Aggregated volume
- Price
|
77 914
Nil
| ||||
f)
| Date of the transaction
| 28 May 2026 | ||||
g)
| Place of the transaction
| London | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name
| Marle 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
|
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 deferred vesting in years 1 to 4 from award with no further retention requirements.
3. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
4. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
72 817
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | 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
Identification code
|
Ordinary shares of GBP0.0002 each
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 deferred vesting in years 1 to 4 from award with no further retention requirements.
3. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
4. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements. | ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
89 969
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | 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
| 1. Award of conditional shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 from award with no further retention requirements.
2. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec plc Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
166 829
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | 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
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements, we advise of the following changes to attributable interests in Investec plc by the Company:
On 28 May 2026, 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 | 3 990 |
Nature of interest | Indirect Beneficial |
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH (the "INVESTEC LIMITED ORDINARY SHARES")
1. Interests in Investec Limited Ordinary Shares - PDMRs and Directors of Major Subsidiaries
On 28 May 2026, 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
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
b) | Nature of the transaction
| 1. Award of forfeitable shares representing a component of Short-Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 1 to 3 from award with no further retention requirements.
2. Award of forfeitable shares representing Long Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with deferred vesting from years 3 to 5 with no further retention requirements. The director is entitled to elect that a portion of this award be transferred to a share appreciation rights award type, the details of which will be included in a subsequent announcement.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
32 586
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | 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
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
b) | Nature of the transaction
|
1. Award of forfeitable shares representing a component of Short-Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 1 to 3 from award with no further retention requirements.
2. Award of conditional performance shares representing Long Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with a performance period from 1 April 2026 to 31 March 2029 with deferred vesting in years 3 to 5 from award with no further retention requirements. | ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
85 948
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | Place of the transaction
| Johannesburg | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated
| |||||
a) | Name
| Lourens Janse van Rensburg
| ||||
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
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
b) | Nature of the transaction
|
1. Award of forfeitable shares representing a component of Short-Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 1 to 3 from award with no further retention requirements.
2. Award of forfeitable shares representing Long Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 with no further retention requirements. The PDMR is entitled to elect that a portion of this award be transferred to a share appreciation rights award type, the details of which will be included in a subsequent announcement.
| ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
166 642
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | 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
Identification code
|
Ordinary shares of ZAR0.0002 each
ZAE000081949
| ||||
b) | Nature of the transaction
| Award of forfeitable shares representing Long Term Incentive pursuant to the Investec Ltd Share Incentive Plan 2021. Issued for nil consideration with deferred vesting in years 3 to 5 with no further retention requirements. | ||||
c) | Nature of interest | Indirect Beneficial | ||||
d) | Price(s) and volume(s)
|
| ||||
e) | Aggregated information
- Aggregated volume
- Price
|
4 836
Nil
| ||||
f) | Date of the transaction
| 28 May 2026 | ||||
g) | Place of the transaction
| Johannesburg | ||||
2. Interests in Investec Limited Ordinary Shares - Company Secretary
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements, we advise of the following changes to attributable interests in Investec Limited by the Company Secretary:
On 28 May 2026, 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 | 3 990 |
Nature of interest | Indirect Beneficial |
Clearance was obtained for the above awards granted.
London and Johannesburg
29 May 2026
Sponsor
Investec Bank Limited
Follow the stocks
