Last checked at 23 Jun 2023 15:00
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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 ISIN: ZAE000063814 LEI: 213800CU7SM6O4UWOZ70 | Investec plc Incorporated in England and Wales Registration number 3633621 LSE share code: INVP JSE share code: INP ISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22 |
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23 June 2023
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UPDATE REGARDING INVESTEC WEALTH & INVESTMENT UK AND RATHBONES GROUP PLC COMBINATION
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Further to the announcements dated 4 April 2023 (the "Announcements") regarding an all-share combination of Investec Wealth & Investment Limited ("Investec W&I UK") and Rathbones Group Plc ("Rathbones") (the "Combination"), Investec Group is pleased to note today's announcement by Rathbones that, at its general meeting held on 23 June 2023, all resolutions in connection with the Combination were duly passed.
Following approval by Rathbones' shareholders, the Combination remains conditional, among other things, on certain regulatory approvals being obtained.
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Completion is expected to occur either late Q3 or early Q4 2023, (subject to regulatory and other approvals).
Sponsor
Investec Bank Limited
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Enquiries:
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Investec Investor Relations
Tel: +27 (0) 11 291 0129
Qaqambile Dwayi
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Brunswick (South Africa PR advisers to Investec Group)
Tel: +27 (0) 63 685 6053
Graeme Coetzee
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Lansons (UK PR advisers to Investec Group)
Tel: +44 (0) 78 6010 1715
Tom Baldock
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