22nd Jun 2005 15:00
Investec plc(Incorporated in the United Kingdom)(Registration number 3633621)Share code: INP ISIN: GB0031773103Investec Limited(Incorporated in the Republic of South Africa)(Registration number 1925/002833/06)Share code: INL ISIN code: ZAE000040531("Investec")As part of the dual listed company structure, Investec plc and Investec Limitednotify both the London and Johannesburg Stock Exchanges ("JSE") of thoseinterests (and changes to those interests) of directors of both entities andthe respective company secretaries, and in certain instances, the directors ofsignificant subsidiaries of Investec Limited, in the securities of Investec plcand Investec Limited which are required to be disclosed under the Listing Rulesof the United Kingdom Listing Authority and/or the JSE Listing Requirements.Accordingly we advise of the following dealings by the company secretaries ofInvestec Limited and Investec plc as well as dealings by certain directors ofsignificant subsidiaries of Investec Limited:DIRECTORS DEALING IN SECURITIESIn compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, thefollowing information is disclosed:Director of major subsidiary Kevin Kerr Nature of transaction Sale of shares pursuant to exercise of options Share Investec plc ordinary shares (INP) No of shares 3,938 Exercise price R 164.50 per share Transaction price R 219.52 per share Date of transaction 20 June 2005 Nature of transaction Sale of shares pursuant to exercise of options Share Investec Limited ordinary shares (INL) No of shares 2,312 Exercise price R 164.50 per share Transaction price R 217.00 per share Date of transaction 20 June 2005 Director of major subsidiary Ciaran Whelan Nature of transaction Sale of shares pursuant to exercise of options Share Investec plc ordinary shares No of shares 3,938 Exercise price R 164.50 per share Transaction price R 219.52 per share Date of transaction 20 June 2005 Nature of transaction Sale of shares pursuant to exercise of options Share Investec Limited ordinary shares No of shares 2,312 Exercise price R 164.50 per share Transaction price R 217.00 per share Date of transaction 20 June 2005 Director of major subsidiary David Lawrence Nature of transaction Sale of shares pursuant to exercise of options Share Investec plc ordinary shares No of shares 7,875.00 Exercise price R 164.50 per share Transaction price R 219.52 per share Date of transaction 20 June 2005 Nature of transaction Sale of shares pursuant to exercise of options Share Investec Limited ordinary shares No of shares 4,625 Exercise price R 164.50 per share Transaction price R 217.00 per share Date of transaction 20 June 2005 Company Secretary Selwyn Noik Nature of transaction Sale of shares pursuant to exercise of options Share Investec plc ordinary shares No of shares 788 Exercise price R 164.50 Transaction price R 219.50 Date of transaction 22 June 2005 Nature of transaction Sale of shares pursuant to exercise of options Share Investec Limited ordinary shares No of shares 462 Exercise price R 164.50 Transaction price R 217.98 Date of transaction 22 June 2005 Company Secretary Richard Vardy Nature of transaction Sale of shares pursuant to exercise of options Share Investec plc ordinary shares No of shares 630 Exercise price ‚£10.52 Transaction price ‚£17.93 Date of transaction 22 June 2005 Nature of transaction Sale of shares pursuant to exercise of options Share Investec Limited ordinary shares No of shares 370 Exercise price R 164.50 Transaction price R 217.98 Date of transaction 20 June 2005 Clearance in terms of Rule 3.66 was obtained.The company made forfeitable awards in respect of nil cost options in thecapital of Investec Limited for nil consideration on 20 June 2005 pursuant toits Long Term Incentive Plan ("LTIP"). In terms of the LTIP plan rules, 75% ofthe options are exercisable on 30 June 2009 and the remaining 25% of theoptions are exercisable on 30 June 2010, on condition that the participant isstill employed by the Investec group. The awards are in accordance with thedetermination of the Remuneration Committee and with the rules of the LTIP.Director of major subsidiary : Bradley TapnackNature of Transaction : Award of nil cost options in Investec LimitedDate of Award : 20 June 2005Consideration : NilNo of options awarded : 20 000Director of major subsidiary : David LawrenceNature of Transaction : Award of nil cost options in Investec LimitedDate of Award : 20 June 2005Consideration : NilNo of options awarded : 20 000Director of major subsidiary : Ciaran WhelanNature of Transaction : Award of nil cost options in Investec LimitedDate of Award : 20 June 2005Consideration : NilNo of options awarded : 25 000Director of major subsidiary : Kevin KerrNature of Transaction : Award of nil cost options in Investec LimitedDate of Award : 20 June 2005Consideration : NilNo of options awarded : 20 00022 June 2005Sponsor:Investec Bank LimitedENDINVESTEC PLCRelated Shares:
Investec