22nd Jan 2026 12:39
Investec PLC and Ltd - Sandton-based financial services company - Launches a cash tender offer to buy back up to the full GBP350.0 million outstanding of its 2.6% callable fixed rate resettable subordinated notes due 2032. Investec offers a purchase price of around 99% of principal, plus accrued interest, with any notes acquired to be cancelled. The group says the offer forms part of the proactive management and optimisation of its debt profile and capital base and is subject to supervisory consent and the issue of new notes.
Current stock price in London: 607.50 pence, up 2.5% on Thursday
12-month change: up 11%
Current PLC stock price in Johannesburg: ZAR131.99, up 2.2%
12-month change: up 6.1%
Current Ltd stock price in Johannesburg: ZAR131.54, up 1.4%
12-month change: up 6.3%
By Eva Castanedo, Alliance News reporter
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