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Investec Limited purchase of Investec plc Ordinary Shares and repurchase of Investec Limited Ordinary Shares

Published: 2023-01-31 11:00:40 ET

Investec Limited                                  Investec plc
Incorporated in the Republic of South Africa      Incorporated in England and Wales
Registration number 1925/002833/06                Registration number 3633621
JSE share code: INL                               LSE share code: INVP
JSE hybrid code: INPR                             JSE share code: INP
JSE debt code: INLV                               ISIN: GB00B17BBQ50
NSX share code: IVD                               LEI: 2138007Z3U5GWDN3MY22
BSE share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70

INVESTEC LIMITED PURCHASE OF INVESTEC PLC ORDINARY SHARES AND REPURCHASE OF
INVESTEC LIMITED ORDINARY SHARES

Further to the share purchase program announced on 21 November 2022, the following purchases were
made:

Investec Limited purchases of Investec PLC ordinary shares - JSE

Investec Limited (the Company) announces today it has purchased the following number of Investec
plc’s ordinary shares of 0.0002 pence each through Investec Markets Proprietary Limited.

Date of purchase:                                               23 January 2023 – 27 January 2023
Aggregate number of ordinary shares purchased:                  440 987
Lowest price paid per share                                     R110.0000
Highest price paid per share                                    R110.0000
Average price paid per share                                    R110.0000

The Company intends to treat the shares as if they were treasury shares in the consolidated annual
financial statements of the Investec Group.

Since 3rd of October, the Company has purchased 14,925,193 shares at a cost (including dealing and
associated costs) of R1,485,461,270.13.

The table below contains detailed information about the purchases made as part of the programme.

Schedule of Purchases
Shares purchased:    440,987 (ISIN: GB00B17BBQ50)
Date of purchases:   23 January 2023 – 27 January 2023
Investment firm:     Investec Markets Proprietary Limited

Aggregate information

Venue     Volume-weighted average              Aggregated    Lowest price per Highest price per
                            price                volume               share             share
JSE                    R110.0000                  440,987        R110.0000         R110.0000

Investec Limited purchases of Investec PLC ordinary shares – LSE, BATS Europe, Chi-X

Investec Limited (the Company) announces today it has purchased the following number of Investec
plc’s ordinary shares of 0.0002 pence each through Investec Markets Proprietary Limited.

Date of purchase:                                       23 January 2023 – 27 January 2023
Aggregate number of ordinary shares purchased:          476,138
Lowest price paid per share                             516.4000 pence
Highest price paid per share                            518.8000 pence
Average price paid per share                           518.4038 pence

Since 3rd of October 2022, the Company has purchased 19,569,580 shares at a cost (including dealing
and associated costs) of £95,352,039.75.

The table below contains detailed information about the purchases made as part of the programme.

Schedule of Purchases
Shares purchased:    476,138 (ISIN: GB00B17BBQ50)
Date of purchases:   23 January 2023 –27January 2023
Investment firm:     Investec Markets Proprietary Limited

Aggregate information:

Venue                             Volume-weighted Aggregated          Lowest price per Highest price
                                    average price   volume                     share     per share
London Stock Exchange (pence)            518.1361    243,513                 516.4000      518.8000
BATS Europe (pence)                      518.2792    121,458                 517.2000      518.8000
Chi-X(pence)                             518.2864    111,167                 517.2000      518.8000


Investec Limited repurchases of Investec Limited ordinary shares - JSE

Investec Limited (the Company) announces today it has purchased the following number of Investec
Limited’s ordinary shares of R0.0002 each through Investec Markets Proprietary Limited.

Date of purchase:                                              23 January 2023 – 27 January 2023
Aggregate number of ordinary shares purchased:                 510,066
Lowest price paid per share                                    R108.6000
Highest price paid per share                                   R110.0000
Average price paid per share                                   R109.4134


The repurchased Investec Limited shares will be cancelled and reinstated as authorised but unissued
shares in the share capital of Investec Limited.

Since 21st of November 2022, the Company has purchased 7,268,590 shares at a cost (including dealing
and associated costs) of R763,415,878.34.

Investec Limited, in discussions with its broker has agreed that on any given trading day a buyback of
shares or acquisition of Investec plc shares under the Programme may exceed 25% of the average daily
trading volume on each trading platform on which the respective shares are traded. Where a buyback or
acquisition of shares exceeds 25% of the average daily trading volume on any trading platform, Investec
Limited will not fall within the exemption contained in Article 5(1) MAR.


31 January 2023
Financial Advisor, Corporate Broker and JSE Sponsor:
Investec Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.