Business
Maximum Acceptance Amount relating to Tender Offer
Investec plc has announced a Maximum Acceptance Amount of £300,000,000 for its tender offer concerning £350,000,000 of its 2.625 per cent. Callable Fixed Rate Resettable Subordinated Notes due 2032. This offer is contingent upon the successful completion of a new Sterling-denominated note issuance. The results of the tender offer are expected to be announced on January 30, 2026, following the offer's expiration on January 29, 2026. Disclaimer*
About this update from Investec Plc
[{"type":"text","content":"\n\n\n\n\n\nInvestec Limited\nIncorporated in the Republic of South Africa\nRegistration number 1925/002833/06\nJSE share code: INL\nJSE hybrid code: INPR\nJSE debt code: INLV\nNSX share code: IVD\nBSE share code: INVESTEC\nISIN: ZAE000081949\nLEI: 213800CU7SM6O4UWOZ70\n\n\nInvestec plc\nIncorporated in England and Wales\nRegistration number 3633621\nLSE share code: INVP\nJSE share code: INP\nISIN: GB00B17BBQ50\nLEI: 2138007Z3U5GWDN3MY22\n\n\n\n\n \nNOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (INCLUDING PUERTO RICO, THE US VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS) OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT (SEE \"OFFER AND DISTRIBUTION RESTRICTIONS\" IN THE TENDER OFFER MEMORANDUM (AS DEFINED BELOW)\n \nANNOUNCEMENT OF MAXIMUM ACCEPTANCE AMOUNT IN RELATION TO TENDER OFFER\nInvestec plc announces Maximum Acceptance Amount in relation to Tender Offer for its £350,000,000 2.625 per cent. Callable Fixed Rate Resettable Subordinated Notes due 2032\n23 January 2026. On 22 January 2026, Investec plc (the \"Company\") announced the launch of an offer to holders of its £350,000,000 2.625 per cent. Callable Fixed Rate Resettable Subordinated Notes due 2032 (ISIN: XS2393629311) (the \"Notes\"), to tender such Notes for purchase by the Company for cash (the \"Offer\"). The Company also announced on 22 January 2026 its intention to issue Sterling-denominated Callable Fixed Rate Resettable Subordinated Notes (the \"New Notes\"), subject to market conditions.\nThe Offer is being made on the terms and subject to the conditions contained in the tender offer memorandum prepared by the Company dated 22 January 2026 (the \"Tender Offer Memorandum\"), and is subject to the offer restrictions set out in the Tender Offer Memorandum.\nPursuant to the Tender Offer Memorandum, the Company proposed to accept for purchase a maximum aggregate principal amount of Notes which will be no greater than the aggregate principal amount of the New Notes, subject to the right of the Company to decrease such Maximum Acceptance Amount in its sole and absolute discretion (the \"Maximum Acceptance ...