15 Jul 2014 15:00
(together "Investec")
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As part of the dual listed company structure, Investec plc and Investec Limited 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 the Disclosure and Transparency Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements.
AMENDMENT
The following amendment has been made to the Director/PDMR Shareholding announcement released yesterday, 14 July 2014 at 15:00hrs (UK time), under RNS No 2233M:
The nature of the transactions have been amended to show that the transactions reflected the on market sale of securities in Investec, following the exercise of options held in terms of the Investec Limited Share Incentive Plan.
The full amended text is shown below:
TRANSACTIONS IN INVESTEC LIMITED ORDINARY SHARES OF ZAR0.0002 EACH.
Dealings in the securities of Investec Limited by a PDMR - Mr. Ciaran Whelan
Transaction notified in terms of: | DTR3.1.4R(1)(a) |
Nature of transaction | On market sale following the exercise of options held in terms of the Investec Limited Share Incentive Plan |
Number of Securities | 206,500 |
Volume weighted average selling price | ZAR 95.5796 |
Total value of transaction | ZAR 19,737,187.40 |
Highest price | ZAR 97.14 |
Lowest price | ZAR 94.95 |
Nature of interest | Direct beneficial |
Date and place of transaction | 11 July 2014, Johannesburg |
Transaction notified in terms of: | DTR3.1.4R(1)(a) |
Nature of transaction | On market sale following the exercise of options held in terms of the Investec Limited Share Incentive Plan |
Number of Securities | 37,500 |
Volume weighted average selling price | ZAR 96.50 |
Total value of transaction | ZAR 3,618,750.00 |
Highest price | ZAR 97.14 |
Lowest price | ZAR 96.10 |
Nature of interest | Direct beneficial |
Date and place of transaction | 10 July 2014, Johannesburg |
Clearance was obtained for the above dealings in securities.
Johannesburg and London
15 July 2014
Sponsor:
Investec Bank Limited
Investec (INVP)