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Transactions in Investec plc and Investec Limited Ordinary Shares
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
JSE hybrid code: INPR JSE share code: INP
JSE debt code: INLV ISIN: GB00B17BBQ50
NSX share code: IVD LEI: 2138007Z3U5GWDN3MY22
BSE share code: INVESTEC
ISIN: ZAE000081949
LEI: 213800CU7SM6O4UWOZ70
Transactions in Investec plc and Investec Limited Ordinary Shares
As part of the dual listed company structure, Investec plc and Investec Limited (together “Investec”) notify
both the London and Johannesburg Stock Exchanges of those interests (and changes to those interests)
of (i) directors of both entities and the respective company secretaries, (ii) persons discharging managerial
responsibilities (PDMRs) across the group, and (iii) in certain instances the directors of major subsidiaries
of Investec Limited, in the securities of Investec plc and Investec Limited which are required to be disclosed
under Article 19 of the Market Abuse Regulation (Regulation 596/2014), the Disclosure Guidance and
Transparency Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listings
Requirements.
TRANSACTIONS BY DIRECTORS/PDMRs IN INVESTEC PLC ORDINARY SHARES
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Stuart Spencer
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares on the vesting of conditional share
awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 86,955
d) Aggregated information
- Aggregated volume 86,955
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 564,511.86
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Stuart Spencer
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares to settle a tax liability arising from
the vesting of conditional share awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 8,513
d) Aggregated information
- Aggregated volume 8,513
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 55,266.40
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Stuart Spencer
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction Off market take up of shares on vesting of conditional share
awards from a prior period, which are subject to retention
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 10,359
d) Aggregated information
- Aggregated volume 10,359
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 67,250.63
Highest price N/A
Lowest price N/A
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Fani Titi
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares to settle a tax liability arising from
the vesting of conditional share awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 236,022
d) Aggregated information
- Aggregated volume 236,022
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 1,532,254.82
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Fani Titi
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction Off market take up of shares on vesting of conditional share
awards from a prior period, which are subject to retention
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 275,537
d) Aggregated information
- Aggregated volume 275,537
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 1,788,786.20
Highest price N/A
Lowest price N/A
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Nishlan Samujh
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares to settle a tax liability arising from
the vesting of conditional share awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 117,105
d) Aggregated information
- Aggregated volume 117,105
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 760,245.66
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Nishlan Samujh
2 Reason for the notification
a) Position/status Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction Off market take up of shares on vesting of conditional share
awards from a prior period, which are subject to retention
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 136,762
d) Aggregated information
- Aggregated volume 136,762
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 887,858.90
Highest price N/A
Lowest price N/A
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Cumesh Moodliar
2 Reason for the notification
a) Position/status PDMR and Director of Major Subsidiary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares on the vesting of conditional share
awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 135
d) Aggregated information
- Aggregated volume 135
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 876.42
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Ruth Leas
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares on the vesting of conditional share
awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 126,401
d) Aggregated information
- Aggregated volume 126,401
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 820,595.29
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marc Kahn
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares on the vesting of conditional share
awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 56,980
d) Aggregated information
- Aggregated volume 56,980
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 369,914.16
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marc Kahn
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale of shares to settle a tax liability arising from
the vesting of conditional share awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 17,271
d) Aggregated information
- Aggregated volume 17,271
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 112,123.33
Highest price GBP 6.550
Lowest price GBP 6.425
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marc Kahn
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction Off market take up of shares on vesting of conditional share
awards from a prior period, which are subject to retention
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4920 19,385
d) Aggregated information
- Aggregated volume 19,385
- Price GBP 6.4920
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4920
Total value of transaction GBP 125,847.42
Highest price N/A
Lowest price N/A
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Nishlan Samujh
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial INVP - ordinary shares of GBP0.0002 each
instrument, type of instrument
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.4432 166,601
d) Aggregated information
- Aggregated volume 166,601
- Price GBP 6.4432
e) Date of the transaction 22 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.4432
Total value of transaction GBP 1,073,439.97
Highest price N/A
Lowest price N/A
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marc Kahn
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or
auction monitor
a) Name Investec plc
b) LEI 2138007Z3U5GWDN3MY22
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each
type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument INVP - ordinary shares of GBP0.0002 each
Identification code GB00B17BBQ50
b) Nature of the transaction On market sale
c) Price(s) and volume(s)
Price(s) Volume(s)
GBP 6.57 48,698
d) Aggregated information
- Aggregated volume 48,698
- Price GBP 6.57
e) Date of the transaction 21 September 2026
f) Place of the transaction London
In compliance with paragraphs 6.77 to 6.89 of the JSE Listings Requirements we disclose the
following additional information:
Volume weighted average price GBP 6.57
Total value of transaction GBP 318,568.54
Highest price N/A
Lowest price N/A
Nature of interest Direct Beneficial
TRANSACTION BY COMPANY SECRETARY AND PERSON CLOSELY ASSOCIATED IN INVESTEC
PLC ORDINARY SHARES OF GBP0.0002 EACH
Transaction by the Company Secretary, Investec plc – David Miller
The following on market sale is notified in terms of paragraphs 6.77 to 6.89 of the JSE Listings
Requirements:
On market sale of shares on the release of forfeitable share
Nature of transaction awards
Number of securities 7,265
Selling price GBP 6.4920 per share
Total value of transaction GBP 47,164.38
Highest price GBP 6.550 per share
Lowest price GBP 6.425 per share
Nature of interest Direct beneficial
Date and place of transaction 22 September 2026, London
Transaction by Person Closely Associated to David Miller, Investec plc – Jemima Baines
The following on market sale is notified in terms of paragraphs 6.77 to 6.89 of the JSE Listings
Requirements:
On market sale of shares on the release of forfeitable share
Nature of transaction awards
Number of securities 2,277
Selling price GBP 6.4920 per share
Total value of transaction GBP 14,782.28
Highest price GBP 6.550 per share
Lowest price GBP 6.425 per share
Nature of interest Direct beneficial
Date and place of transaction 22 September 2026, London
TRANSACTIONS BY DIRECTORS / PDMRs IN INVESTEC LIMITED ORDINARY SHARES
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Marle van der Walt
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction On market sale of shares on the release of forfeitable share
awards
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 138.4405 7,144
d) Aggregated information
- Aggregated volume 7,144
- Price ZAR 138.4405
e) Date of the transaction 22 September 2026
f) Place of the transaction Johannesburg
In compliance with paragraphs 6.77 – 6.89 of the JSE Listings Requirements we disclose the following
additional information:
Volume weighted average price ZAR 138.4405
Total value of transaction ZAR 989,018.93
Highest price ZAR 139.19
Lowest price ZAR 137.50
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Stuart Spencer
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction On market sale of shares on the vesting of conditional share
awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 138.4405 26,661
d) Aggregated information
- Aggregated volume 26,661
- Price ZAR 138.4405
e) Date of the transaction 22 September 2026
f) Place of the transaction Johannesburg
In compliance with paragraphs 6.77 – 6.89 of the JSE Listings Requirements we disclose the following
additional information:
Volume weighted average price ZAR 138.4405
Total value of transaction ZAR 3,690,962.17
Highest price ZAR 139.19
Lowest price ZAR 137.50
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Lesley-Anne Gatter
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction On market sale of shares on the vesting of conditional share
awards from a prior period
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 138.4405 4,515
d) Aggregated information
- Aggregated volume 4,515
- Price ZAR 138.4405
e) Date of the transaction 22 September 2026
f) Place of the transaction Johannesburg
In compliance with paragraphs 6.77 – 6.89 of the JSE Listings Requirements we disclose the following
additional information:
Volume weighted average price ZAR 138.4405
Total value of transaction ZAR 625,058.86
Highest price ZAR 139.19
Lowest price ZAR 137.50
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Bradley Gatter
2 Reason for the notification
a) Position/status Person closely associated with Lesley-Anne Gatter (PDMR)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction On market sale of shares to settle a tax liability arising from
the release of forfeitable share awards
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 138.4405 914
d) Aggregated information
- Aggregated volume 914
- Price ZAR 138.4405
e) Date of the transaction 22 September 2026
f) Place of the transaction Johannesburg
In compliance with paragraphs 6.77 – 6.89 of the JSE Listings Requirements we disclose the following
additional information:
Volume weighted average price ZAR 138.4405
Total value of transaction ZAR 126,534.62
Highest price ZAR 139.19
Lowest price ZAR 137.50
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Joubert Hay
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction On market sale of shares on the release of forfeitable share
awards
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 138.4405 6,630
d) Aggregated information
- Aggregated volume 6,630
- Price ZAR 138.4405
e) Date of the transaction 22 September 2026
f) Place of the transaction Johannesburg
In compliance with paragraphs 6.77 – 6.89 of the JSE Listings Requirements we disclose the following
additional information:
Volume weighted average price ZAR 138.4405
Total value of transaction ZAR 917,860.52
Highest price ZAR 139.19
Lowest price ZAR 137.50
Nature of interest Direct Beneficial
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Cumesh Moodliar
2 Reason for the notification
a) Position/status PDMR and Director of Major Subsidiary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of the transaction On market sale of shares on the release of forfeitable share
awards
c) Price(s) and volume(s)
Price(s) Volume(s)
ZAR 138.4405 111,367
d) Aggregated information
- Aggregated volume 111,367
- Price ZAR 138.4405
e) Date of the transaction 22 September 2026
f) Place of the transaction Johannesburg
In compliance with paragraphs 6.77 – 6.89 of the JSE Listings Requirements we disclose the following
additional information:
Volume weighted average price ZAR 138.4405
Total value of transaction ZAR 15,417,703.16
Highest price ZAR 139.19
Lowest price ZAR 137.50
Nature of interest Direct Beneficial
TRANSACTION BY COMPANY SECRETARY IN INVESTEC LIMITED ORDINARY SHARES OF ZAR
0.0002 EACH
Transaction by the Company Secretary, Investec Limited – Niki van Wyk
The following on market sale is notified in terms of paragraph 6.77 to 6.89 of the JSE Listings Requirements:
On market sale of shares on the release of forfeitable share
Nature of transaction
awards
Number of securities 5,557
Selling price ZAR 138.4405 per share
Total value of transaction ZAR 769,313.86
Highest price ZAR 139.19 per share
Lowest price ZAR 137.50 per share
Nature of interest Direct beneficial
Date and place of transaction 22 September 2026, Johannesburg
EXERCISE OF SHARE OPTIONS AND SALE OF SHARES IN TERMS OF THE INVESTEC LIMITED
SHARE INCENTIVE PLAN 2021 – SHARE APPRECIATION RIGHTS
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Cumesh Moodliar
2 Reason for the notification
a) Position/status PDMR and Director of Major Subsidiary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of interest Direct Beneficial
c) Nature of the transaction Off market exercise of SAR
d) Number of SAR awards 20,977
e) Award Date 1 June 2022
f) Award / Strike price ZAR 86.46
g) Number of Investec Limited 7,876
shares received on exercise of
SAR
h) Exercise price ZAR 138.4405
i) Total value of transaction ZAR 1,090,394.95
j) Date of the transaction 22 September 2026
k) Place of the transaction Johannesburg
a) Nature of the transaction On market sale of Investec Limited shares
b) Number of securities 7,876
c) Volume weighted average price ZAR 138.4405
d) Highest Price ZAR 139.19
e) Lowest Price ZAR 137.50
f) Total value of transaction ZAR 1,090,394.95
g) Date of the transaction 22 September 2026
h) Place of the transaction Johannesburg
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Niki van Wyk
2 Reason for the notification
a) Position/status Company Secretary
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
a) Name Investec Limited
b) LEI 213800CU7SM6O4UWOZ70
4 Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii)
each type of transaction; (iii) each date; and (iv) each place where transactions have been
conducted
a) Description of the financial
instrument, type of instrument Ordinary shares of ZAR0.0002 each
Identification code ZAE000081949
b) Nature of interest Direct Beneficial
c) Nature of the transaction Off market exercise of SAR
d) Number of SAR awards 6,555
e) Award Date 1 June 2022
f) Award / Strike price ZAR 86.46
g) Number of Investec Limited 2,461
shares received on exercise of
SAR
h) Exercise price ZAR 138.4405
i) Total value of transaction ZAR 340,732.18
j) Date of the transaction 22 September 2026
k) Place of the transaction Johannesburg
a) Nature of the transaction On market sale of Investec Limited shares
b) Number of securities 2,461
c) Volume weighted average price ZAR 138.4405
d) Highest Price ZAR 139.19
e) Lowest Price ZAR 137.50
f) Total value of transaction ZAR 340,732.18
g) Date of the transaction 22 September 2026
h) Place of the transaction Johannesburg
Clearance was obtained for the above dealings in securities.
London and Johannesburg
23 September 2026
Sponsor
Investec Bank Limited
Date: 23/09/2026 05:00:00
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