Investec PLC Partial redemption of Class ILRP2 pref shares (3188E)
October 17 2018 - 4:00AM
UK Regulatory
TIDMINVP
RNS Number : 3188E
Investec PLC
17 October 2018
Investec Limited Investec plc
Incorporated in the Republic of Incorporated in England and Wales
South Africa Registration number 3633621
Registration number 1925/002833/06 LSE share code: INVP
JSE share code: ILRP2 JSE share code: INP
ISIN: ZAE000202990 ISIN: GB00B17BBQ50
JSE ordinary share code: INL
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949
As part of the dual listed company structure, Investec plc and
Investec Limited notify both the London Stock Exchange and the JSE
Limited of matters which are required to be disclosed under the
Disclosure Guidance, Transparency Rules and Listing Rules of the
United Kingdom Listing Authority (the "UKLA") and/or the JSE
Listing Requirements.
INVESTEC LIMITED
Preference share partial redemption announcement
Class ILRP2 redeemable, cumulative, non-participating preference
shares ("Preference Shares")
Partial redemption of Preference Shares
Notice is hereby given that 21 293 Preference Shares will be
redeemed on
22 October 2018 pursuant to a bespoke offer that was made by
Investec Limited to a specific preference shareholder, which offer
was accepted by such shareholder, in accordance with clause 46 of
the Applicable Pricing Supplement of the Preference Shares.
The early redemption will take place at an amount of 100
321.15962 cents per Preference Share being a return of capital of
100 000 cents per Preference Share plus accrued dividends in
respect of the period from and including 01 October 2018 up to, but
excluding,
22 October 2018, which amounts to 321.15962 cents per Preference
Share.
Salient features of the redemption of the 21 293 Preference
Shares are listed below:
Issuer Investec Limited
Instrument Redeemable cumulative non-participating
preference shares
Early Redemption date 22 October 2018
Number of shares redeemed 21 293
Number of shares outstanding post 191 642
this early redemption
JSE Share Code ILRP2
ISIN ZAE000202990
Additional information to take note of:
-- The Investec Limited company tax reference number: 9800/181/71/2
-- The dividend paid by Investec Limited is subject to South
African Dividend Tax (Dividend Tax) of 20% (subject to any
available exemptions or reductions in terms of Double Tax
Agreements as legislated) equal to 64.23192 cents per share
-- The net dividend amounts to 256.92770 cents per preference
share for shareholders liable to pay the Dividend Tax and 321.15962
cents per preference share for preference shareholders exempt from
paying the Dividend Tax.
By order of the board
N van Wyk
Company Secretary
Investec Limited
17 October 2018
Johannesburg
Sponsor:
Investec Bank Limited
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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