Wrap Text
Unaudited condensed combined consolidated financial results for the year ended 31 March 2026 and cash dividend
Investec plc Investec Limited
Incorporated in England and Wales Incorporated in the Republic of South Africa
Registration number 3633621 Registration number 1925/002833/06
LSE ordinary share code: INVP JSE ordinary share code: INL
JSE ordinary share code: INP JSE hybrid code: INPR
ISIN: GB00B17BBQ50 JSE debt code: INLV
LEI: 2138007Z3U5GWDN3MY22 NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70
UNAUDITED CONDENSED COMBINED CONSOLIDATED FINANCIAL RESULTS FOR THE YEAR ENDED 31 MARCH 2026 AND CASH DIVIDEND
DECLARATION
Fani Titi, Group Chief Executive commented:
"The Group delivered a resilient performance in an uncertain macro-economic environment, reflecting the strength of our diversified business model and balance
sheet. Adjusted earnings per share increased by 4.8% to 82.9 pence, as we continued to support our clients, while investing for long-term growth. We do not take for
granted the trust our clients continue to place in us.
We are making good progress with our strategy to enhance our platforms, leverage our franchises, and deliver long-term value for our stakeholders. We are on track
to achieve returns at the upper end of our target range by FY2030. Today we will present a business update on our Private Client strategy, outlining our plans to
expand our proposition, strengthen cross-collaboration and evolve our business model to improve operating leverage. Our Private Client offering supports clients
across their lifecycle with bespoke solutions, combining deep relationships, digital enablement and the power of One Investec.
Through our dynamic capital management approach, we will continue to deploy capital optimally to advance returns.
As the next phase of our disciplined growth agenda accelerates, we remain guided by our purpose to create enduring worth for our clients, colleagues and the
communities in which we operate.
I would like to express my deep gratitude to our colleagues across the Group for the dedication they show in supporting our clients and communities."
Key financial metrics:
Adjusted Adjusted Basic Total NAV per TNAV
Cost to operating EPS EPS HEPS DPS share per share
£'millions Revenue income CLR profit (pence) (pence) (pence) ROE ROTE (pence) (pence) (pence)
FY2026 2 281.4 52.9% 36bps 951.0 82.9 77.1 73.1 13.6% 15.7% 38.5 636.6 553.1
FY2025 2 190.5 52.6% 38bps 920.0 79.1 72.8 72.6 13.9% 16.2% 36.5 587.7 506.3
% change in £ 4.2% 3.4% 4.8% 5.9% 0.7% 5.5% 8.3% 9.2%
% change in Rands 4.0% 3.2% 4.6% 5.8% 0.6% 3.0% 3.9%
Totals and variances are presented in £'millions which may result in rounding differences.
Key drivers:
Net core loans increased 9.6% to £35.5 billion driven by growth across our diversified lending books.
Customer deposits increased by 8.7% to £44.7 billion.
Net core Customer
£'millions loans deposits FUM
FY2026 35 498 44 749 26 996
FY2025 32 387 41 164 23 385
% change in £ 9.6% 8.7% 15.4%
% change in NC 6.9% 6.1% 10.5%
Note: Where NC is neutral currency
Funds under management (FUM) in the Southern African wealth business increased by 15.4% to £27.0 billion
(FY2025: £23.4 billion). Strong net inflows in our discretionary and annuity funds of £987 million (R23.0 billion) were supplemented by £333 million (R7.8 billion)
additional FUM from a strategic acquisition by our Swiss operations in September 2025. This was partly offset by net outflows of £365 million (R8.5 billion) in
non-discretionary funds.
Our associate Rathbones reported Funds under management and administration (FUMA) of £113.6 billion at 31 March 2026 (31 March 2025: £104.1 billion).
Group financial summary:
Revenue growth was supported by ongoing client acquisition, client activity, growth in average lending portfolios, and continued net inflows in discretionary
and annuity funds under management (FUM). Net interest income (NII) benefitted from growth in average lending books and lower cost of funds reflecting
optimisation of the funding mix in Southern Africa in recent years. This was offset by the endowment effect of lower interest rates. Non-interest revenue (NIR)
growth reflects a strong increase in fee income generated by our Banking businesses, as well as higher annuity fees from our SA Wealth & Investment business.
Customer-flow trading income reflects increased client hedging activity in response to global market volatility. This was augmented by higher investment income
and an increase in the Group's share of post-tax profits from associates.
The cost to income ratio was 52.9% (FY2025: 52.6%). Total operating costs increased by 4.7%. Fixed operating expenditure growth reflects continued investment
in people and technology to support the Group's growth initiatives, as well as targeted project spend to transform the business and enhance resilience, alongside
annual cost inflation.
Pre-provision adjusted operating profit increased by 3.5% to £1 075.2 million (FY2025: £1 039.2 million). The Group saw strong levels of lending origination and fee
generation, counterbalanced by the impact of declining interest rates and increased investment in the business.
The credit loss ratio (CLR) on core loans was 36bps (FY2025: 38bps), within the Group's through-the-cycle (TTC) range of 25bps to 45bps. Expected credit loss
(ECL) impairment charges amounted to £124.2 million (FY2025: £119.2 million). Overall credit quality remained strong.
Earnings attributable to other equity holders reduced to £69.2 million (FY2025: £70.6 million).
Return on equity (ROE) was 13.6% (FY2025: 13.9%) within the Group's medium-term 13% to 17% target range.
Return on tangible equity (ROTE) of 15.7% (FY2025: 16.2%) is within the Group's medium-term 14% to 18% target range.
Distribution to shareholders The Board has proposed a final dividend of 21.0p per share (FY2025: 20.0p), bringing the total dividend for the year to 38.5p (FY2025:
36.5p) translating to a 46.4% payout ratio, within the Group's current 35% to 50% payout policy. As part of the ongoing capital management process, the Group has
completed the c.R2.5 billion / £110 million share buy-back announced in May 2025.
Balance sheet strength:
The Group remained well capitalised, with Investec Limited reporting a CET1 ratio of 13.6% measured on the Advanced Internal Ratings-Based approach and the
Investec plc CET1 ratio at 13.0% measured on the standardised approach. The UK business continues to make progress on its journey towards migrating its capital
measurement from the standardised approach to the Internal Ratings-Based approach.
Capital allocation:
The Group is committed to optimising shareholder returns. We are focused on allocating capital to activities that generate returns above our cost of capital. The
Group manages its capital dynamically, maintaining an appropriate balance between total returns to shareholders, investment in the business and holding strong
capital levels. One of the Group's priorities is to increase the earnings contribution from capital light activities, and as such the Group continues to evaluate organic
and inorganic opportunities to achieve this objective.
Update on our sustainability targets
As part of our commitment to achieving net zero by 2050, in May 2025 the Group announced a five-year target to facilitate £18 billion of sustainable and transition
finance by FY2030. We are pleased to have facilitated £3.1 billion in sustainable and transition finance in our first year of measuring progress towards our target.
Today, we announce initial sector specific decarbonisation targets, including targeting:
- a 20% to 45% emissions intensity reduction in power generation by FY2030
- engagement with 85% (in South Africa) and 95% (in the UK and US)of our qualifying oil and gas clients by FY2029 to support credible transition pathways.
Please refer to our Investec Group year-end results booklet for further detail.
Financial Outlook:
The execution of our growth agenda outlined in May 2025 is on track. The Group expects FY2027 to be the peak investment year, with a positive inflection in both
earnings growth delivery and sustainable improvement in shareholder returns to commence in FY2028. We remain on track to deliver ROE of c.16.0% and ROTE of
c.18.0% by the financial year ending 31 March 2030. We are confident in the resilience of our client franchises across varying market cycles.
31 March 2027 guidance
Revenue is expected to be supported by book growth, ongoing client activity and continued success in our client acquisition and entrenchment strategies.
The Group currently expects:
Group ROE to be between 13.0% and 14.0% within the 13.0% to 17.0% target range and ROTE to be between 14.8% and 15.8% within the target range of 14.0% to
18.0%, incorporating significant investment in our growth initiatives amid an evolving operating environment.
- Southern Africa is expected to report ROE between 18.0% and 19.0%, within the target range of 16.0% to 20.0%
- UK & Other is expected to report ROTE between 12.5% and 13.5%, near the lower end of the target range of 13.0% to 17.0%.
Overall costs to be well managed in the context of continued investment in the business and inflationary pressures, with the cost to income ratio expected to be
between 52.0% and 54.0%
The credit loss ratio to be within the through-the-cycle (TTC) range of 25bps to 45bps.
The Group has maintained robust capital and liquidity levels well above Board-approved minimums. The Group is well-positioned to continue to support our
clients in navigating the current economic uncertainty and deliver on our clear strategy to enhance long-term shareholder returns.
31 March 2028 guidance
The Group is expected to deliver improved ROE of 13.8% to 14.6% and ROTE of 15.8% to 16.6%, as we continue to leverage our existing franchises, supplemented
by a meaningful contribution from our investment in our SA Corporate mid-market business. In the UK, we expect our Private Client and Corporate mid-market
propositions to generate positive incremental returns into FY2030. Our dynamic capital management, including ongoing optimisation of capital is also expected to
contribute to the progression of returns.
Business update.
The Group will be hosting a Private Client business update today which will set out a range of targets and present our plans to enhance our platforms, strengthen
global collaboration and evolve our business model to drive market share growth and incremental returns.
Key financial data
This announcement covers the results of Investec plc and Investec Limited (together "the Investec Group" or "Investec" or "the Group") for the year ended
31 March 2026 (FY2026). Unless stated otherwise, comparatives relate to the Group's operations for the year ended 31 March 2025 (FY2025).
Neutral
% currency
Performance FY2026 FY2025 Variance change % change
Operating income (£'m) 2 281.4 2 190.5 90.9 4.2%
Operating costs (£'m) (1 205.3) (1 151.4) (53.9) 4.7%
Adjusted operating profit (£'m) 951.0 920.0 31.0 3.4%
Adjusted earnings attributable to shareholders (£'m) 704.5 676.8 27.8 4.1% 4.1%
Adjusted basic earnings per share (pence) 82.9 79.1 3.8 4.8% 4.8%
Basic earnings per share (pence) 77.1 72.8 4.3 5.9% 5.9%
Headline earnings per share (pence) 73.1 72.6 0.5 0.7% 0.7%
Dividend per share (pence) 38.5 36.5
Dividend payout ratio 46.4% 46.1%
CLR (credit loss ratio) 0.36% 0.38%
Cost to income ratio 52.9% 52.6%
ROTE (return on tangible equity) 15.7% 16.2%
ROE (return on equity) 13.6% 13.9%
Balance sheet FY2026 FY2025 Variance % change
Funds under management (£'bn)
IW&I Southern Africa 27.0 23.4 3.6 15.4%
Rathbones/IW&I UK** 113.6 104.1 9.5 9.1%
Customer accounts (deposits) (£'bn) 44.7 41.2 3.6 8.7%
Net core loans and advances (£'bn) 35.5 32.4 3.1 9.6%
Cash and near cash (£'bn) 18.2 16.9 1.3 8.0%
TNAV per share (pence) 553.1 506.3 46.8 9.2%
NAV per share (pence) 636.6 587.7 48.9 8.3%
Totals and variances are presented in £'billions which may result in rounding differences.
** As at 31 March 2026, Rathbones Group, a long-term associate of the Investec Group, had funds under management and administration of £113.6 billion
(31 March 2025: £104.1 billion).
% change
Salient features by geography FY2026 FY2025 Variance % change in Rands
Investec Limited (Southern Africa)
Adjusted operating profit (£'m) 488.3 463.0 25.3 5.5% 5.2%
Cost to income ratio 53.3% 52.4%
ROTE 18.4% 18.4%
ROE 18.2% 18.3%
CET1 13.6% 14.8%
Leverage ratio 6.1% 6.2%
Customer accounts (deposits) (£'bn) 22.3 19.7 2.6 13.1% 7.5%
Net core loans and advances (£'bn) 17.7 15.6 2.1 13.6% 8.1%
Investec plc (UK & Other)
Adjusted operating profit (£'m) 462.7 457.0 5.7 1.3%
Cost to income ratio 52.5% 52.7%
ROTE 13.7% 14.5%
ROE 10.8% 11.2%
CET1 13.0% 12.6%
Leverage ratio 9.4% 9.9%
Customer accounts (deposits) (£'bn) 22.5 21.4 1.1 4.7%
Net core loans and advances (£'bn) 17.8 16.8 1.0 5.9%
Totals and variance are presented in £'billions unless otherwise stated which may result in rounding differences.
The assumptions can be obtained in the full announcement available on our website www.investec.com. The financial information on which forward-looking
statements are based is the responsibility of the directors of the Group and has not been reviewed and reported on by the Group's auditors. This short form
announcement and the results contained in this short form announcement have been prepared in compliance with the JSE Limited's Listings Requirements.
On behalf of the Boards of Investec plc and Investec Limited
Philip Hourquebie Fani Titi
Chair Group Chief Executive
21 May 2026
This short-form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not
contain full or complete details. Any investment decision should be based on the full announcement which can be accessed from Thursday 21 May 2026 using the
following JSE link:
https://senspdf.jse.co.za/documents/2026/jse/isse/INL/YE2026.pdf
Alternatively, the full announcement is available on our website www.investec.com
Copies of the full announcement may be requested by contacting Investor Relations on:
Telephone: (+27 11) 286 7000/e-mail: investorrelations@investec.com
Investec plc
Incorporated in England and Wales
Registration number 3633621
JSE ordinary share code: INP
LSE ordinary share code: INVP
ISIN: GB00B17BBQ50
LEI: 2138007Z3U5GWDN3MY22
Registered office
30 Gresham Street, London
EC2V 7QP, United Kingdom
Auditor
Deloitte LLP
Registrars in the United Kingdom
Computershare Investor Services PLC
The Pavilions, Bridgwater Road, Bristol
BS99 6ZZ, United Kingdom
Company Secretary
David Miller
Investec Limited
Incorporated in the Republic of South Africa
Registration number 1925/002833/06
JSE ordinary share code: INL
JSE hybrid code: INPR
JSE debt code: INLV
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70
Registered office
100 Grayston Drive
Sandown, Sandton
2196, South Africa
Auditors
Deloitte & Touche
PricewaterhouseCoopers Inc.
Transfer secretaries in South Africa
Computershare Investor Services (Pty) Ltd
Rosebank Towers, 15 Biermann Avenue, Rosebank
2196, South Africa
Company Secretary
Niki van Wyk
Directorate as at 20 May 2026
Philip Hourquebie(1,2) (Chair)
Fani Titi(2) (Chief Executive)
Nishlan Samujh(2) (Finance Director)
Henrietta Baldock(1) (Senior Independent Director)
Vivek Ahuja(3)
Stephen Koseff(2,4)
Nicky Newton-King(1,2)
Jasandra Nyker(2)
Vanessa Olver(2)
Diane Radley(2)
Louisa Stephens(2)
1 British
2 South African
3 Singaporean
4 Australian
Vivek Ahuja was appointed to the Board on 6 May 2025.
Brian Stevenson stepped down from the Board on 07 August 2025.
Louisa Stephens was appointed to the Board on 21 August 2025.
Sponsor
Investec Bank Limited
100 Grayston Drive
Sandown Sandton 2196
PO Box 785700 Sandton 2146
Investec plc
Incorporated in England and Wales
Registration number: 3633621
LSE ordinary share code: INVP
JSE ordinary share code: INP
ISIN: GB00B17BBQ50
LEI: 2138007Z3U5GWDN3MY22
Ordinary share dividend announcement
In terms of the DLC structure, Investec plc shareholders registered on the United Kingdom share register may receive all or part of their dividend entitlements
through dividends declared and paid by Investec plc on their ordinary shares and/or through dividends declared and paid on the SA DAN share issued by Investec
Limited.
Investec plc shareholders registered on the South African branch register may receive all or part of their dividend entitlements through dividends declared and paid
by Investec plc on their ordinary shares and/or through dividends declared and paid on the SA DAS share issued by Investec Limited.
Declaration of dividend number 47
Notice is hereby given that final dividend number 47, being a gross dividend of 21.00000 pence (2025: 20.00000 pence) per ordinary share has been declared by the
Board from income reserves in respect of the year ended 31 March 2026, payable to shareholders recorded in the shareholders' register of the Company at the close
of business on Friday, 21 August 2026.
- For Investec plc shareholders, registered on the United Kingdom share register, through a dividend payment by Investec plc from income reserves of
21.00000 pence per ordinary share.
- For Investec plc shareholders, registered on the South African branch register, through a dividend payment by
Investec Limited, on the SA DAS share, payable from income reserves, equivalent to 21.00000 pence per ordinary share.
The relevant dates relating to the payment of dividend number 47 are as follows:
Last day to trade cum-dividend
On the Johannesburg Stock Exchange (JSE) Tuesday, 18 August 2026
On the London Stock Exchange (LSE) Wednesday, 19 August 2026
Shares commence trading ex-dividend
On the Johannesburg Stock Exchange (JSE) Wednesday, 19 August 2026
On the London Stock Exchange (LSE) Thursday, 20 August 2026
Record date (on the JSE and LSE) Friday, 21 August 2026
Payment date (on the JSE and LSE) Tuesday, 15 September 2026
Share certificates on the South African branch register may not be dematerialised or rematerialised between Wednesday, 19 August 2026 and Friday,
21 August 2026, both dates inclusive, nor may transfers between the United Kingdom share register and the South African branch register take place
between Wednesday, 19 August 2026 and Friday, 21 August 2026, both dates inclusive.
Additional information for South African resident shareholders of Investec plc
- Shareholders registered on the South African branch register are advised that the distribution of 21.00000 pence, equivalent to an gross dividend of
471.45000 cents per share (rounded to 472.00000 cents per ordinary share), has been arrived at using the Rand/Pound Sterling average buy/sell forward rate of
22.45000, as determined at 11h00 (SA time) on Wednesday 20 May 2026.
- Investec plc United Kingdom tax reference number: 2683967322360
- The issued ordinary share capital of Investec plc is 696 082 618 ordinary shares
- The dividend paid by Investec plc to South African resident shareholders registered on the South African branch register and the dividend paid by
Investec Limited to Investec plc shareholders on the SA DAS share are subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available
exemptions as legislated)
- Shareholders registered on the South African branch register who are exempt from paying the Dividend Tax will receive a net dividend of 472.00000 cents per
share, paid by Investec Limited on the SA DAS share
- Shareholders registered on the South African branch register who are not exempt from paying the Dividend Tax will receive a net dividend of 377.60000 cents per
share (gross dividend of 472.00000 cents per share less Dividend Tax of 94.40000 cents per share), paid by Investec Limited on the SA DAS share.
By order of the Board
David Miller
Company Secretary
21 May 2026
Sponsor: Investec Bank Limited
Investec Limited
Incorporated in the Republic of South Africa
Registration number: 1925/002833/06
JSE share code: INL
JSE hybrid code: INPR
JSE debt code: INLV
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70
Ordinary share dividend announcement
Declaration of dividend number 140
Notice is hereby given that final dividend number 140, being a gross dividend of 472.00000 cents (2025: 484.00000 cents) per ordinary share has been declared by
the Board from income reserves in respect of the year ended 31 March 2026 payable to shareholders recorded in the shareholders' register of the Company at the
close of business on Friday, 21 August 2026.
The relevant dates relating to the payment of dividend number 140 are as follows:
Last day to trade cum-dividend Tuesday, 18 August 2026
Shares commence trading ex-dividend Wednesday, 19 August 2026
Record date Friday, 21 August 2026
Payment date Tuesday, 15 September 2026
The final gross dividend of 471.45000 cents per share (rounded to 472.00000 cents per ordinary share) has been determined by converting the
Investec plc distribution of 21.00000 pence per ordinary share into Rands using the Rand/Pound Sterling average buy/sell forward rate of 22.45000 at
11h00 (SA time) on Wednesday 20 May 2026.
Share certificates may not be dematerialised or rematerialised between Wednesday, 19 August 2026 and Friday, 21 August 2026, both dates inclusive,
nor may transfers between the South African share register and the United Kingdom, Botswana and/or Namibia branch register/s take place between
Wednesday, 19 August 2026 and Friday, 21 August 2026, both dates inclusive.
Additional information to take note of
- Investec Limited South African tax reference number: 9800/181/71/2
- The issued ordinary share capital of Investec Limited is 290 464 999 ordinary shares
- The dividend paid by Investec Limited is subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available exemptions as legislated)
- Shareholders who are exempt from paying the Dividend Tax will receive a net dividend of 472.00000 cents per ordinary share
- Shareholders who are not exempt from paying the Dividend Tax will receive a net dividend of 377.60000 cents per ordinary share (gross dividend of
472.00000 cents per ordinary share less Dividend Tax of 94.40000 cents per ordinary share).
By order of the Board
Niki van Wyk
Company Secretary
21 May 2026
Sponsor: Investec Bank Limited
Investec plc
Incorporated in England and Wales
Registration number: 3633621
Share code: INPP
ISIN: GB00B19RX541
LEI: 2138007Z3U5GWDN3MY22
Preference share dividend announcement
Non-redeemable non-cumulative non-participating preference shares ("preference shares")
Declaration of dividend number 40
Notice is hereby given that preference dividend number 40 has been declared by the Board from income reserves in respect of the year ended 31 March 2026
amounting to a gross preference dividend of 24.21920 pence per preference share payable to holders of the non-redeemable non-cumulative non-participating
preference shares as recorded in the books of the Company at the close of business on Friday, 21 August 2026.
For shares trading on the Johannesburg Stock Exchange (JSE), the dividend of 24.21920 pence per preference share is equivalent to a gross dividend of
543.27298 cents per share, which has been determined using the Rand/Pound Sterling average buy/sell forward rate of 22.43150 as at 11h00 (SA time) on
Wednesday 20 May 2026.
The relevant dates relating to the payment of dividend number 40 are as follows:
Last day to trade cum-dividend
On the Johannesburg Stock Exchange (JSE) Tuesday, 18 August 2026
On the International Stock Exchange (TISE) Wednesday, 19 August 2026
Shares commence trading ex-dividend
On the Johannesburg Stock Exchange (JSE) Wednesday, 19 August 2026
On the International Stock Exchange (TISE) Thursday, 20 August 2026
Record date (on the JSE and TISE) Friday, 21 August 2026
Payment date (on the JSE and TISE) Friday, 04 September 2026
Share certificates may not be dematerialised or rematerialised between Wednesday, 19 August 2026 and Friday, 21 August 2026, both dates inclusive,
nor may transfers between the United Kingdom share register and the South African branch register take place between Wednesday, 19 August 2026
and Friday, 21 August 2026, both dates inclusive.
Additional information for South African resident shareholders of Investec plc
- Investec plc United Kingdom tax reference number: 2683967322360
- The issued preference share capital of Investec plc is 2 754 587 preference shares
- The dividend paid by Investec plc to shareholders recorded on the South African branch register should be regarded as a 'foreign dividend' for South African
Income Tax purposes and is subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available exemptions as legislated) as it is paid from
the United Kingdom
- The net dividend amounts to 434.61838 cents per preference share for preference shareholders liable to pay the Dividend Tax and 543.27298 cents per preference
share for preference shareholders exempt from paying the Dividend Tax.
By order of the Board
David Miller
Company Secretary
21 May 2026
Sponsor: Investec Bank Limited
Investec plc
Incorporated in England and Wales
Registration number: 3633621
JSE share code: INPPR
ISIN: GB00B4B0Q974
LEI: 2138007Z3U5GWDN3MY22
Rand-denominated preference share dividend announcement
Rand-denominated non-redeemable non-cumulative non-participating perpetual preference shares ("preference shares")
Declaration of dividend number 30
Notice is hereby given that preference dividend number 30 has been declared by the Board from income reserves in respect of the year ended 31 March 2026
amounting to a gross preference dividend of 488.85959 cents per preference share payable to holders of the Rand-denominated non-redeemable non-cumulative
non-participating perpetual preference shares as recorded in the books of the Company at the close of business on Friday, 21 August 2026.
The relevant dates relating to the payment of dividend number 30 are as follows:
Last day to trade cum-dividend Tuesday, 18 August 2026
Shares commence trading ex-dividend Wednesday, 19 August 2026
Record date Friday, 21 August 2026
Payment date Wednesday, 26 August 2026
Share certificates may not be dematerialised or rematerialised between Wednesday, 19 August 2026 and Friday, 21 August 2026, both dates inclusive.
Additional information for South African resident shareholders of Investec plc
- Investec plc United Kingdom tax reference number: 2683967322360
- The issued Rand-denominated preference share capital of Investec plc is 131 447 preference shares
- The dividend paid by Investec plc to shareholders recorded on the South African branch register should be regarded as a 'foreign dividend' for South African
Income Tax purposes and is subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available exemptions as legislated) as it is paid from
the United Kingdom
- The net dividend amounts to 391.08767 cents per preference share for preference shareholders liable to pay the Dividend Tax and 488.85959 cents per preference
share for preference shareholders exempt from paying the Dividend Tax.
By order of the Board
David Miller
Company Secretary
21 May 2026
Sponsor: Investec Bank Limited
Investec Limited
Incorporated in the Republic of South Africa
Registration number: 1925/002833/06
JSE share code: INL
JSE hybrid code: INPR
JSE debt code: INLV
NSX ordinary share code: IVD
BSE ordinary share code: INVESTEC
ISIN: ZAE000063814
LEI: 213800CU7SM6O4UWOZ70
Preference share dividend announcement
Non-redeemable non-cumulative non-participating preference shares ("preference shares")
Declaration of dividend number 43
Notice is hereby given that preference dividend number 43 has been declared by the Board from income reserves in respect of the year ended 31 March 2026
amounting to a gross preference dividend of 400.19590 cents per preference share payable to holders of the non-redeemable non-cumulative non-participating
preference shares as recorded in the books of the Company at the close of business on Friday, 21 August 2026
The relevant dates for the payment of dividend number 43 are as follows:
Last day to trade cum-dividend Tuesday, 18 August 2026
Shares commence trading ex-dividend Wednesday, 19 August 2026
Record date Friday, 21 August 2026
Payment date Wednesday, 26 August 2026
Share certificates may not be dematerialised or rematerialised between Wednesday, 19 August 2026 and Friday, 21 August 2026, both dates inclusive.
Additional information to take note of:
- Investec Limited South African tax reference number: 9800/181/71/2
- The issued preference share capital of Investec Limited is 23 257 433 preference shares
- The dividend paid by Investec Limited is subject to South African Dividend Tax (Dividend Tax) of 20% (subject to any available exemptions as legislated)
- The net dividend amounts to 320.15672 cents per preference share for shareholders liable to pay the Dividend Tax and 400.19590 cents per preference share for
preference shareholders exempt from paying the Dividend Tax.
By order of the Board
Niki van Wyk
Company Secretary
21 May 2026
Sponsor: Investec Bank Limited
Date: 21-05-2026 08:00:00
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