Last checked at 8 Nov 2023 07:00
Investec Limited Incorporated in the Republic of South AfricaRegistration 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 WalesRegistration number 3633621LSE share code: INVP JSE share code: INPISIN: GB00B17BBQ50 LEI: 2138007Z3U5GWDN3MY22? |
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Investec (comprising Investec plc and Investec Limited) - update on the pre-close trading statement
As part of the dual listed company structure, the boards of Investec plc and Investec Limited (together the "Boards") notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules, and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listings Requirements.
Accordingly, we advise of the following in accordance with paragraph 3.4(b) (iv) of the JSE Listings Requirements and confirms that this announcement contains Inside Information as defined in Article 7 of the Market Abuse Regulation.
Shareholders are referred to the pre-close trading update for the half year ended30 September 2023 which was released on SENS and RNS on 22 September 2023 and which contained the following guidance:
1H2024 range | 1H2023 | |
Adjusted EPS - p | 35.5 to 37.5 | 32.9 |
Basic EPS - p | 67.2 to 69.2 | 50.6 |
HEPS - p | 33.8 to 35.8 | 32.0 |
We are pleased to advise that the guidance has been updated as follows:
1H2024 range | 1H2023 | |
Adjusted EPS - p | 38.0 to 39.0 | 32.9 |
Basic EPS - p | 69.0 to 70.0 | 50.6 |
HEPS - p | 36.5 to 37.5 | 32.0 |
The financial information on which this trading statement is based, has not been reviewed and reported by the external auditors.
The interim results for the six months ended 30 September 2023 will be announced on 16 November 2023.
The person responsible for arranging the release of this announcement on behalf of Investec is Nishlan Samujh, Group Finance Director.
By order of the board
08 November 2023
For further information please contact:
Investec Investor Relations
Qaqambile Dwayi
South Africa: +27 (0) 11 291 0129/+27 11 286 7070
investorrelations@investec.com
For media enquiries please contact:
Lansons (UK PR advisers) - Tom Baldock. Tel: +44 (0)78 6010 1715
Brunswick (SA PR advisers) - Graeme Coetzee. Tel: +27 (0)63 685 6053
About Investec
Investec partners with private, institutional, and corporate clients, offering international banking, investments, and wealth management services in two principal markets, South Africa, and the UK, as well as certain other countries. The Group was established in 1974 and currently has 7,300+ employees.
Investec has a dual listed company structure with primary listings on the London and Johannesburg Stock Exchanges.
Johannesburg and London
JSE Equity and Debt Sponsor: Investec Bank Limited