Investec PLC Director/PDMR Shareholding (4615K)
July 07 2017 - 10:00AM
UK Regulatory
TIDMINVP
RNS Number : 4615K
Investec PLC
07 July 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: INL LSE share code: INVP
NSX share code: IVD JSE share code: INP
BSE share code: INVESTEC ISIN: GB00B17BBQ50
ISIN: ZAE000081949
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) and persons closely associated with them,
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 and
Transparency Rules of the United Kingdom Listing Authority (the
"UKLA") and/or the JSE Listing Requirements.
TRANSACTIONS BY A DIRECTOR IN INVESTEC LIMITED ORDINARY
SHARES.
Bernard Kantor entered into a zero premium collar on the 6(th)
July 2017 and the following information in relation to Bernard
Kantor's direct beneficial interests is disclosed:
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------
a) Name
Bernard Kantor
--- ------------------------- ------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/status Director
--- ------------------------- ------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Investec Limited
--- ------------------------- ------------------------------------
b) LEI n/a
--- ------------------------- ------------------------------------
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 Ordinary shares of ZAR0.0002
instrument, type each (INL Shares)
of instrument
ZAE000081949
Identification
code
--- ------------------------- ------------------------------------
b) Nature of the Zero premium collar - purchase
transaction of 600,000 put options at
a strike price of ZAR100.00
per share expiring on 1 December
2018 and sale of 600,000
call options at a strike
price of ZAR120.00 per share
expiring on 1 December 2018
--- ------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------- ----------
PURCHASE OF
PUT OPTIONS:
STRIKE PRICE
OF ZAR100.00 600,000
--------------------- ----------
SALE OF CALL
OPTIONS: STRIKE
PRICE OF ZAR120.00 600,000
--------------------- ----------
--- ------------------------- ------------------------------------
d) Aggregated information
- Aggregated volume PUT OPTIONS - 600,000
CALL OPTIONS - 600,000
- Price PUT OPTIONS - STRIKE PRICE
OF ZAR100.00
CALL OPTIONS - STRIKE PRICE
OF ZAR120.00
--- ------------------------- ------------------------------------
e) Date of the transaction 6 July 2017
--- ------------------------- ------------------------------------
f) Place of the transaction Johannesburg
--- ------------------------- ------------------------------------
Clearance was obtained for the above dealings in securities.
Johannesburg and London
7 July 2017
Sponsor:
Investec Bank Limited
This information is provided by RNS
The company news service from the London Stock Exchange
END
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