• Investec director Ciaran Whelan disclosed on-market sale and off-market acquisition of Investec plc shares, totaling GBP 63,682.19 and GBP 71,399.60, respectively.
• Director Fani Titi engaged in off-market transactions, acquiring and selling Investec plc shares, amounting to GBP 1,819.32 and GBP 92,426.05, respectively.
• These disclosures reflect the exercise of conditional and forfeitable shares by directors, promoting transparency and accountability within Investec Limited and Investec plc.

Investec Limited and Investec plc, the dual listed company structure, have announced the disclosure of trades in Investec shares by directors and persons discharging managerial responsibilities (PDMRs). The trades were made in accordance with the Market Abuse Regulation and the relevant regulations of the Financial Conduct Authority and Johannesburg Stock Exchange (JSE).

Ciaran Whelan, a director of Investec plc, conducted an on-market sale of 15,431 Investec plc ordinary shares on May 30, 2023, following the release of forfeitable shares. The shares were sold at a price of GBP4.12 per share, resulting in an aggregated transaction value of GBP63,682.19. This transaction was conducted in London.

Additionally, Ciaran Whelan participated in an off-market take-up of shares on the vesting of conditional shares. This transaction involved the acquisition of 17,330 shares at a price of GBP4.12 per share, with a total transaction value of GBP71,399.60. The nature of interest was disclosed as direct beneficial. The transaction also took place in London on May 30, 2023.

Fani Titi, another director of Investec plc, also engaged in off-market transactions related to the vesting of conditional shares. Mr. Titi acquired 448 shares at a price of GBP4.06 per share, resulting in a total transaction value of GBP1,819.32. Furthermore, he sold 22,396 shares on the market at a price of GBP4.12 per share, with an aggregated value of GBP92,426.05. Both transactions occurred on May 30, 2023, in London.

Moreover, Fani Titi participated in an off-market take-up of shares, acquiring 33,220 shares on the vesting of conditional shares. The shares were acquired at a price of GBP4.12 per share, amounting to a total transaction value of GBP136,866.40. These transactions were also carried out on May 30, 2023, in London.

In compliance with the JSE Listings Requirements, additional information has been disclosed, including the volume-weighted average price, total value of transactions, highest and lowest prices, and the nature of interest.

These trades reflect the exercise of conditional and forfeitable shares by directors of Investec, providing insight into their investment activities within the company. Such disclosures contribute to transparency and accountability in the financial markets.