Investec PLC Investec Ltd Partial redemption ILRP2 pref.shares (4042G)
May 26 2017 - 10:00AM
UK Regulatory
TIDMINVP
RNS Number : 4042G
Investec PLC
26 May 2017
Investec Limited Investec plc
Incorporated in the Republic Incorporated in England
of South Africa and Wales
Registration number 1925/002833/06 Registration number 3633621
JSE share code: ILRP2 LSE share code: INVP
ISIN: ZAE000202990 JSE share code: INP
JSE ordinary share code: ISIN: GB00B17BBQ50
INL
NSX ordinary share code:
IVD
BSE ordinary share code:
INVESTEC
ISIN: ZAE000081949
INVESTEC LIMITED
Preference share partial redemption announcement
Class ILRP2 redeemable, cumulative non-participating preference
shares ("Preference Shares")
Partial redemption of Preference Shares
Notice is hereby given that 23 659 Preference Shares will be
redeemed on 31 May 2017 pursuant to a bespoke offer that was made
by Investec Limited to a specific preference shareholder, which
offer was accepted by such shareholder, in accordance with clause
46 of the Applicable Pricing Supplement of the Preference
Shares.
The early redemption will take place at an amount of 100
962.49501 cents per Preference Share being a return of capital of
100 000 cents per Preference Share plus accrued dividends in
respect of the period from and including 01 April 2017 up to, but
excluding, 31 May 2017, which amounts to 962.49501 cents per
Preference Share.
Salient features of the redemption of the 23 659 Preference
Shares are listed below:
Issuer Investec Limited
Instrument Redeemable cumulative
non-participating preference
shares
Early Redemption date 31 May 2017
Number of shares redeemed 23 659
Number of shares outstanding 212 935
post this early redemption
JSE Share Code ILRP2
ISIN ZAE000202990
Additional information to take note of:
-- The Investec Limited company tax reference number: 9800/181/71/2
-- The dividend paid by Investec Limited is subject to South
African Dividend Tax (Dividend Tax) of 20% (subject to any
available exemptions or reductions in terms of Double Tax
Agreements as legislated) equal to 192.49900 cents per share
-- The net dividend amounts to 769.99601 cents per preference
share for shareholders liable to pay the Dividend Tax and 962.49501
cents per preference share for preference shareholders exempt from
paying the Dividend Tax.
By order of the board
N van Wyk
Company Secretary
Investec Limited
26 May 2017
Johannesburg
Sponsor:
Investec Bank Limited
This information is provided by RNS
The company news service from the London Stock Exchange
END
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