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JOHANNESBURG - Investec (LON:INVP) Limited and Investec plc, operating under a dual listed company structure, have disclosed a series of transactions related to their Share Incentive Plan 2021, intended to fulfill the obligations to participants of the Plan. The transactions were conducted on the open market and involved the acquisition of Investec Limited ordinary shares.
Between May 26, 2025, and May 30, 2025, a total of 2 million shares were purchased at varying prices, with the total value of the transactions amounting to approximately ZAR251 million. The shares were acquired at prices ranging from ZAR124.1643 to ZAR129.00.
The largest single acquisition occurred on May 27, 2025, with 872,793 shares purchased at a price of ZAR125.0479, totaling over ZAR109 million. The transactions were reported in compliance with the JSE Listings Requirements, specifically paragraphs 3.63 to 3.66 and 3.96, which govern dealings in securities.
Investec ensured that prior clearance to deal in these shares was obtained before executing the transactions. These acquisitions serve to meet the commitments of the Share Incentive Plan to its beneficiaries, aligning employee interests with those of shareholders by providing a form of equity compensation.
The information regarding these transactions was provided by RNS, the news service of the London Stock Exchange (LON:LSEG), and is based on a press release statement. Investec Bank Limited acted as the sponsor for these dealings. The company’s shares are listed on both the London Stock Exchange and the JSE Limited, with the share codes INVP and INL respectively.
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