14th Oct 2013 15:52
Investec LimitedIncorporated in the Republic of South AfricaRegistration number 1925/002833/06JSE Share Code: INL ISIN: ZAE000081949 JSE Share Code: ILRP1 ISIN: ZAE000183216
| Investec plcIncorporated in England and WalesRegistration number 3633621JSE share code: INPISIN: GB00B17BBQ50 |
INVESTEC LIMITED: FURTHER ISSUE OF Class ILRP1 Redeemable, Non-participating preference shares: ILRPREF1
Shareholders are advised that, following a successful private placement and listing of 217 112 redeemable, cumulative, non-participating preference shares ("Redeemable Preference Shares") on Thursday, 19 September 2013, the JSE Limited ("JSE") has approved the listing of a further 28 842 Redeemable Preference Shares, as Class ILRP1 Redeemable Preference Shares, under Investec Limited's Domestic Medium Term Note and Preference Share Programme dated 4 September 2013, for an aggregate subscription price of R28 921 027.08.
The 28 842 Class ILRP1 Redeemable Preference Shares will be issued to subscribers on a 'delivery-versus-payment' basis on the date of listing being Monday, 21 October 2013 and will be listed on the JSE in the "Preference Shares" sector with abbreviated name "ILRPREF1", with effect from commencement of trade on Monday, 21 October 2013.
Salient features of the Class ILRP1 Redeemable Preference Shares are listed below:
Issuer | Investec Limited |
Instrument | Redeemable cumulative non-participating preference shares |
Yield | 4.85% NACA (57% of Prime as quoted by Investec Bank Limited) |
Redemption date | 19 March 2017 |
Issue price per share | R1002.74 |
Redemption price per share
| R1,000.00 |
JSE Share Code | ILRP1 |
ISIN | ZAE000183216 |
14 October 2013
Johannesburg
Sponsor:
Investec Bank Limited
Related Shares:
Investec