Frequently Asked Questions

 

Getting answers to your questions is the first step in building a healthy working relationship with Investec. We have put together some frequently asked questions so that you can get to know us better in your own time.

  • What is your mission statement?

    “We strive to be a distinctive specialist bank and asset manager, driven by commitment to our core philosophies and values”.
    •     Client focussed approach   
    •     Specialised and focussed strategy
    •     Sustainable business model
    •     Depth of leadership and entrepreneurial environment
    •     Risk awareness entrenched in our culture
    •     Do the right thing
  • What are your core areas of activity?

    Our principal areas of business include:
    •     Asset Management
    •     Wealth & Investment
    •     Specialist Banking (including Property Activities, Private Banking, Investment Banking and Corporate and Institutional Banking)
  • When do you announce your financial results?

    Year-end results are released in May and interim results in November.
  • What exchange do you trade on and what is your ticker symbol?

    Investec Limited has a primary listing on the Johannesburg Securities Exchange (JSE) under the symbol INL.
    Investec plc has a primary listing on the London Stock Exchange under the symbol INVP and a secondary listing on the JSE under the symbol INP.
  • When did you list on the JSE Limited?

    We listed on the JSE Limited in 1986.
  • When did you list on the London Stock Exchange?

    In July 2002 we became the first South African group to list in London and Johannesburg by implementing a dual listed companies structure .
  • What is the Dual Listed Companies (“DLC”) structure?

    A DLC structure is an arrangement by which two separately listed legal entities are combined into a single economic enterprise through contractual arrangements and provisions in the constitutions of the two entities. Shareholders effectively have economic and voting rights as if they held shares in a single company.
  • What was the rationale for the London listing?

    In order to achieve our mission to become one of the world’s leading specialist banking and asset manager groups, we sought to obtain a listing on the London Stock Exchange (LSE).
    The London listing benefited the group by increasing our global profile, enhancing our capital raising ability and improving access to international capital markets. In turn enhancing our ability to grow and develop our Southern African and other businesses.
  • What is your strategy with regard to acquisitions?

    In areas where we already have significant scale, we are concentrating on organic growth through:
    • Building third party assets under management.
    • Selectively building loan portfolio
    • Capturing deal flow
    In other areas, we carefully evaluate and consider "bolt-on" acquisitions that expand the position of our core businesses and deliver competitive advantages quickly and efficiently.
  • Where can I find information about your history?

  • What percentage of stock is owned by employees?

    Employee's holdings of our shares represent approximately 10% total shares.
  • How can I calculate your market capitalisation?

    Please refer to the table below for Investec’s market capitalisation calculation as at 31 March 2016.

    Please refer to the table below for Investec’s market capitalisation calculation as at 31 March 2016.

    Shares in issue for market cap purposes (millions) Closing price (31 Mar 2016) Market Capitalisation*
    JSE Limited (JSE)
    Investec Limited - primary listing 291.3 R 109.91 32 016
    Investec plc - secondary listing 617.4 R 109.91 67 858
    Total market capitalisation for JSE purposes (R millions)** 90 387
    London Stock Exchange (LSE)
    Investec plc - primary listing 617.4 £5.12 3 161
    Total market capitalisation for LSE purposes (£ millions)** 3 161
    Shares in issue for market cap purposes (millions) Closing price (31 Mar 2016) Market Capitalisation*
    JSE Limited (JSE)
    Investec Limited - primary listing 291.3 R 109.91 32 016
    Investec plc - secondary listing 617.4 R 109.91 67 858
    Total market capitalisation for JSE purposes (R millions)** 90 387
    London Stock Exchange (LSE)
    Investec plc - primary listing 617.4 £5.12 3 161
    Total market capitalisation for LSE purposes (£ millions)** 3 161
    * Market capitalisation is defined as the number of shares in issue, multiplied by the closing share price.
    ** In calculating market capitalisation, the LSE only include the shares in issue for Investec plc as Investec Limited is not incorporated in the UK. The JSE, however, have agreed to include the total number of shares in issue (i.e. the combined number for Investec Limited and Investec plc) for this calculation.
  • How many shares do you currently have in issue?

    As at 30 September 2017, Investec plc and Investec Limited had 668.4 million and 308.2 million ordinary shares in issue respectively, resulting in a total number of shares in issue for the group of 976.6 million.

  • When do you pay final and interim dividends?

    Our year-end dividend payment is usually paid in August once it has been approved by shareholders at the Annual General Meeting (AGM). Our interim dividend is usually paid in December.
  • What is your average beta over the past year?

    1.1 as at 31 March 2014
  • Who is your independent auditor?

    Ernst & Young and KPMG Inc.
  • What are your credit ratings?

  • Where can I find information about your approach to sustainable development?

    We believe in a balance between economic imperatives, the needs of society and their combined impact on the environment. Visit the Sustainability pages .
  • What is your positioning in terms of the DTI Codes?

    Visit the DTI page for an analysis of Investec's positioning in terms of the DTI Scorecard.
  • Who are the analysts following Investec?

    Visit our analyst coverage page