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JOHANNESBURG - Investec (LON:INVP) Limited and Investec plc, operating as a dual listed company structure, have announced the acquisition of shares to fulfill obligations under the Investec Limited Share Incentive Plan 2021. The transactions, which occurred on March 27 and March 28, 2025, were executed on the open market and are part of the company’s strategy to distribute shares to participants of the Plan.
On Monday, March 27, Investec acquired 188,856 shares at a price of ZAR 117.4360 per share, totaling ZAR 22,178,493.22. The following day, an additional 200,000 shares were purchased at ZAR 116.3542 each, amounting to ZAR 23,270,840.00. These dealings were disclosed in compliance with the JSE Listings Requirements, specifically paragraphs 3.63 to 3.66 and 3.96, which mandate the disclosure of indirect beneficial acquisitions of shares.
The company confirmed that it had obtained prior clearance to deal in these shares, ensuring that the transactions were conducted in accordance with regulatory standards. Investec Bank Limited acted as the sponsor for these transactions.
Investec’s actions reflect its commitment to the Share Incentive Plan, which is designed to align the interests of its employees with those of its shareholders by providing a form of share-based compensation. The Plan is an integral component of Investec’s broader employee remuneration and retention strategy.
This information, based on a press release statement, was provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is approved by the Financial Conduct Authority in the United Kingdom (TADAWUL:4280). Terms and conditions relating to the use and distribution of this information may apply.
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