Investec plc and Investec Limited acquired shares on the open market to meet obligations under their 2021 Share Incentive Plans for participating employees.
The transactions occurred over three consecutive days, with each entity purchasing 100,000 shares daily. Investec plc, listed on the London Stock Exchange under ticker INVP, spent between £6.3535 and £6.4045 per share, totaling £1,911,461.30. Investec Limited, listed on the Johannesburg Stock Exchange under ticker INL, paid between ZAR 135.3457 and ZAR 136.3184 per share, for a total of ZAR 40,727,110.00.
The purchases were executed in compliance with prior authorization and regulatory requirements. Investec Limited disclosed the transactions under paragraphs 6.78 to 6.89 and 6.90 of the JSE Listing Requirements, which mandate reporting of indirect beneficial acquisitions made to fulfill share incentive obligations.
