Investec Limited share incentive plan acquires 500,000 shares

Published 26/08/2025, 12:36
Investec Limited share incentive plan acquires 500,000 shares

JOHANNESBURG/LONDON - Investec Limited (JSE:INL) announced that its Share Incentive Plan 2021 has purchased a total of 500,000 ordinary shares over a six-day period to satisfy the plan’s obligations to participants.

According to a regulatory filing released Tuesday, the transactions occurred between August 20 and August 25, 2025, with purchase prices ranging from ZAR 130.04 to ZAR 134.20 per share.

The largest single-day acquisition was 125,000 shares on August 20 at an average price of ZAR 130.04, with a total value of ZAR 16,255,050. The company made additional purchases of 125,000 shares on August 22 at ZAR 133.00 per share.

On August 21, the plan acquired 27,038 shares at ZAR 130.70 and 97,962 shares at ZAR 130.60. The final transactions occurred on August 25, with purchases of 52,000 shares at ZAR 133.97 and 73,000 shares at ZAR 134.20.

The total value of all transactions amounted to approximately ZAR 65.97 million (about $3.66 million at current exchange rates).

Investec confirmed that prior clearance to deal in these securities was obtained, as required by regulations. The disclosure was made in compliance with the JSE Listings Requirements regarding dealings in securities.

As part of its dual-listed company structure, Investec Limited is required to disclose such transactions to both the JSE and the London Stock Exchange.

The information was provided in a press release statement issued through the Regulatory News Service of the London Stock Exchange.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.