Edition:
United Kingdom

Investec Ltd (INLJ.J)

INLJ.J on Johannesburg Stock Exchange

9,068.00ZAc
9:25am GMT
Change (% chg)

32.00 (+0.35%)
Prev Close
9,036.00
Open
9,038.00
Day's High
9,105.00
Day's Low
8,998.00
Volume
81,996
Avg. Vol
1,023,182
52-wk High
10,639.00
52-wk Low
8,275.00

Latest Key Developments (Source: Significant Developments)

Investec posts net interest income of 3.66 billion rand ​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - INVESTEC LTD ​:H1 NET INTEREST INCOME OF 3.66 BILLION RAND VERSUS 3.76 BILLION RAND YEAR AGO.H1 ‍BALANCE SHEET REMAINS SOUND WITH A CAPITAL ADEQUACY RATIO OF 15.3% (31 MARCH 2017: 15.4%)​.H1 HEADLINE EARNINGS ATTRIBUTABLE TO ORD SHAREHOLDERS 2.19 BILLION RAND VERSUS 1.49 BILLION RAND YEAR AGO.H1 ‍TOTAL OPERATING INCOME BEFORE IMPAIRMENT LOSSES ON LOANS AND ADVANCES INCREASED BY 14.6% TO R5 965 MILLION​.  Full Article

Investec says H1 net interest income of 364.3 mln pounds
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - INVESTEC: :H1 NET INTEREST INCOME OF 364.3 MILLION STG VERSUS 313.5 MILLION STG YEAR AGO ‍​.H1 PROFIT BEFORE TAXATION OF 326.3 MILLION STG VERSUS 290.7 MILLION STG YEAR AGO ‍​.‍DECLARED A DIVIDEND OF 10.5 PENCE PER ORDINARY SHARE (2016: 10.0 PENCE)​.H1 ONGOING OPERATING PROFIT INCREASED 10.5% TO GBP347.5 MILLION (2016: GBP314.5 MILLION) - AN INCREASE OF 0.9% ON A CURRENCY NEUTRAL BASIS​.H1 ‍ONGOING ADJUSTED EPS BEFORE GOODWILL, ACQUIRED INTANGIBLES AND NON-OPERATING ITEMS INCREASED 14.8% FROM 25.7 PENCE TO 29.5 PENCE​.  Full Article

Investec to raise about 145 mln stg via placing
Thursday, 2 Jun 2016 

Investec Plc : Proposed placing of up to 5 pct of existing issued ordinary share capital . Placing will raise up to approximately 145 million stg of gross proceeds . Placing is being conducted through an accelerated bookbuilding process . J.P. Morgan cazenove is acting as sole bookrunner in connection with placing . Announces its intention to conduct a placing of up to 30,870,000 new ordinary shares in company .Net proceeds from placing will be used to fund a tender offer of certain sterling preference shares and rand preference shares.  Full Article

Investec says asset management operating profit down 9.5 pct
Thursday, 19 May 2016 

Investec Plc : This announcement covers results of investec group for year ended 31 march 2016 . Statutory operating profit before goodwill, acquired intangibles, non- operating items and taxation and after other non-controlling interests ("operating profit") increased 2.5% to gbp505.6 million . Statutory adjusted eps before goodwill, acquired intangibles and non-operating items increased 4.8% from 39.4 pence to 41.3 pence . He board proposes a final dividend of 11.5 pence per ordinary share equating to a full year dividend of 21.0 pence (2015: 20.0 pence) . Credit loss charge as a percentage of average gross core loans and advances amounted to 0.26% (2015: 0.22%) . Impairments increasing by 5.1% to gbp41.4 million .Core loans and advances increased 6.3% to gbp17.5 billion (31 march 2015: gbp16.5 billion).  Full Article

UPDATE 1-Steinhoff investor Wiese sells part of Shoprite stake

JOHANNESBURG, Dec 21 South African investor Christo Wiese has sold an additional 1.1 billion rand ($87 million) of shares in supermarket group Shoprite, exchange filings showed on Thursday, after his exposure to scandal-hit retailer Steinhoff dented his fortune.