Try our mobile app

Investec Limited purchase of Investec plc ordinary shares and repurchase of Investec Limited ordinary shares

Published: 2023-01-23 18:45:37 ET
<<<  go to JSE:INP company page
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 Limited.

Date of purchase:                                               16 January 2023 – 20 January 2023
Aggregate number of ordinary shares purchased:                  1 387 307
Lowest price paid per share                                     R106.7700
Highest price paid per share                                    R110.0000
Average price paid per share                                    R108.8567

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 14 484 206 shares at a cost (including dealing and associated costs)
of R1 436 747 267.92.

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

Schedule of Purchases
Shares purchased:    1 387 307 (ISIN: GB00B17BBQ50)
Date of purchases:   16 January 2023 – 20 January 2023
Investment firm:     Investec Markets Limited

Aggregate information

Venue             Volume-weighted              Aggregated    Lowest price per      Highest price
                     average price                 volume               share          per share
JSE                     R108.8567                1 387 307        R106.7700           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 Limited.

Date of purchase:                                        16 January 2023 – 20 January 2023
Aggregate number of ordinary shares purchased:           2 161 137
Lowest price paid per share                              506.2000 pence
Highest price paid per share                             536.2000 pence
Average price paid per share                             518.8260 pence

Since 3rd of October 2022, the Company has purchased 19 093 442 shares at a cost (including dealing and associated
costs) of £92 867 655.92.

The table below contains detailed information about the purchases made as part of the programme.
Schedule of Purchases
Shares purchased:    2 161 137 (ISIN: GB00B17BBQ50)
Date of purchases:   16 January 2023 – 20 January 2023
Investment firm:     Investec Markets Limited

Aggregate information:

Venue                                      Volume-weighted      Aggregated         Lowest price per     Highest price
                                              average price        volume                     share        per share

London Stock Exchange (pence)                       518.8891      1 398 950                506.2000          536.2000

BATS Europe (pence)                                 519.9402        400 499                510.0000          531.4000

Chi-X(pence)                                        520.0317        361 688                510.0000          536.0000


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 Limited.

Date of purchase:                                               16 January 2023 – 20 January 2023
Aggregate number of ordinary shares purchased:                  903 375
Lowest price paid per share                                     R105.8800
Highest price paid per share                                    R109.8000
Average price paid per share                                    R108.1519


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

Since 3rd of October 2022, the Company has purchased 6 758 524 shares at a cost (including dealing and associated
costs) of R707 371 437.02.


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