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IN BRIEF: Investec executives sell shares worth combined ZAR10 million

24th Jul 2023 16:01

Investec PLC and Ltd - Sandton, Johannesburg-based financial services firm - Cumesh Moodliar, head of Private Banking SA at Investec, sells 51,858 shares in Investec Ltd at an average ZAR112.98 each worth ZAR5.8 million on Friday. In another transaction by an insider, Cumesh Moodliar, an executive of Investec Wealth & Investment SA at Investec, disposes of 40,000 shares in Investec Ltd at an average ZAR113.19 apiece worth ZAR4.5 million also on Friday. Also on Friday, Director Joubert Hay sells 40,000 shares for ZAR113.19 each, worth ZAR4.5 million.

Current stock price in London: 492.50 pence, up 0.7%

12-month change: up 14%

Current stock price in Johannesburg: ZAR112.66, down 0.3%

12-month change: up 31%

By Artwell Dlamini, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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