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INVESTEC LIMITED - Notification of major shareholding

Release Date: 08/12/2017 16:00
Code(s): INL INP     PDF:  
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Notification of major shareholding

 Investec Limited                                          Investec plc
 Incorporated in the Republic of South Africa              Incorporated in England and Wales
 Registration number 1925/002833/06                        Registration number 3633621
 JSE share code: INL                                       LSE share code: INVP
 NSX share code: IVD                                       JSE share code: INP
 BSE share code: INVESTEC                                  ISIN: GB00B17BBQ50
 ISIN: ZAE000081949

                                                  (jointly “Investec”)

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.

Accordingly, we advise of the receipt of the following TR-1 notification:



NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible)i

1a. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are                                    INVESTEC PLC
attachedii:

1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an “X”)

An acquisition or disposal of voting rights                                                                 X
An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify)iii:

3. Details of person subject to the notification obligationiv
                                                               ALLAN GRAY UNIT TRUST MANAGEMENT (RF)
Name
                                                               PROPRIETARY LIMITED

City and country of registered office (if applicable)          Cape Town, South Africa.

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or
                                                                                                             4 DECEMBER 2017
   reachedvi:

6. Date on which issuer notified (DD/MM/YYYY):                                                            6 DECEMBER 2017

7. Total positions of person(s) subject to the notification obligation

                                                            % of voting rights
                             % of voting rights                                                               Total number of
                                                            through financial         Total of both in %
                             attached to shares                                                               voting rights of
                                                               instruments               (8.A + 8.B)
                                (total of 8. A)                                                               issuervii
                                                         (total of 8.B 1 + 8.B 2)
   Resulting situation
   on the date on which
                                   5.0110%                                                  5.0110%                 33 565 533
   threshold was
   crossed or reached
   Position of previous
   notification (if                4.0107%                                                  4.0107%
   applicable)


8. Notified details of the resulting situation on the date on which the threshold was crossed or
reachedviii

A: Voting rights attached to shares
Class/type of             Number of voting rightsix                          % of voting rights
shares
ISIN code (if possible)          Direct                    Indirect                    Direct                    Indirect
                             (Art 9 of Directive    (Art 10 of Directive           (Art 9 of Directive       (Art 10 of Directive
                          2004/109/EC) (DTR5.1)       2004/109/EC)              2004/109/EC) (DTR5.1)          2004/109/EC)
                                                        (DTR5.2.1)                                               (DTR5.2.1)

                               33 565 533                                             5.0110%




SUBTOTAL 8. A                               33 565 533                                             5.0110%




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
                                                                           Number of voting rights
Type of financial         Expiration      Exercise/                        that may be acquired if
                                                                                                           % of voting rights
instrument                datex           Conversion Periodxi              the instrument is
                                                                           exercised/converted.




                                          SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive
2004/109/EC (DTR5.3.1.1 (b))
                                        Exercise/             Physical or
Type of financial   Expiration                                                      Number of
                                        Conversion            cash                                      % of voting rights
instrument          datex                                                           voting rights
                                        Period xi             settlementxii




                                                              SUBTOTAL
                                                              8.B.2




9. Information in relation to the person subject to the notification obligation (please mark the
  applicable box with an “X”)
  Person subject to the notification obligation is not controlled by any natural person or legal entity and does not
  control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

  Full chain of controlled undertakings through which the voting rights and/or the
  financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv
  (please add additional rows as necessary)
                                                                      % of voting rights
                                   % of voting rights if it                                            Total of both if it
                                                                      through financial
                                    equals or is higher                                               equals or is higher
            Namexv                                                 instruments if it equals
                                    than the notifiable                                               than the notifiable
                                                                     or is higher than the
                                         threshold                                                        threshold
                                                                     notifiable threshold




10. In case of proxy voting, please identify:

  Name of the proxy holder

  The number and % of voting rights held
  The date until which the voting rights will be held



11. Additional informationxvi




      Johannesburg and London
      08 December 2017
      Sponsor: Investec Bank Limited

Date: 08/12/2017 04:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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