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JOHANNESBURG - Investec (LON:INVP) Limited, part of the dual-listed financial services group, disclosed share acquisitions made to meet obligations under its Share Incentive Plan 2021, according to an announcement made to the London Stock Exchange (LON:LSEG) and the Johannesburg Stock Exchange (JSE).
The transactions, dated June 2, 2025, involved the purchase of ordinary shares of Investec Limited to satisfy the Plan’s commitments to participants. A total of 233,490 shares were acquired across three separate transactions, with prices per share ranging from ZAR126.9023 to ZAR127.1000. The total expenditure for these acquisitions amounted to ZAR29,663,450.50.
Investec Limited, which is incorporated in the Republic of South Africa, operates under a dual-listed company structure alongside Investec plc, registered in England and Wales. Both entities are required to notify their respective exchanges of transactions that need to be disclosed under the rules set by the Financial Conduct Authority and the JSE Listings Requirements.
The share purchases were executed on the market and were in compliance with the JSE Listings Requirements, specifically paragraphs 3.63 to 3.66 and 3.96, which govern the disclosure of indirect beneficial acquisitions. Prior clearance for the dealings was obtained as per the regulatory guidelines.
Investec Bank Limited acted as the sponsor for the transactions, and the information was provided by RNS, the news service of the London Stock Exchange. The Financial Conduct Authority has approved RNS to serve as a Primary Information Provider in the United Kingdom (TADAWUL:4280).
This announcement is based on a press release statement and provides a factual account of Investec Limited’s share purchases to fulfill the obligations of its Share Incentive Plan.
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