Latest news with #InvestecBank
Bloomberg
22-05-2025
- Business
- Bloomberg
Investec Posts Record Dividend as Loan Growth Boosts Profit
Investec will pay a record dividend for the third year in a row after the bank's operating profit surpassed the £1 billion ($1.3 billion) mark for the first time. The specialist lender with operations in the UK and South Africa posted a 7.8% increase in 'pre-provision' adjusted operating profit to £1.04 billion, buoyed by a 5% jump in revenue, it said in a statement on Thursday.
News24
20-05-2025
- Business
- News24
Rupert in US for Ramaphosa-Trump talks; Mabuyane robbed: Today's top 7 stories in 7 minutes
News24 brings you the top stories of the day, summarised into neat little packages. Read through quickly or listen to the articles via our customised text-to-speech feature. Thieves break into Eastern Cape premier's home, make off with goods worth over R42 000 Thieves broke into Eastern Cape Premier Oscar Mabuyane's East London home on Sunday, stealing more than R42 000 worth of electronics. Police were on duty at the residence during the burglary, and a case is under investigation. This is not the first security incident at Mabuyane's home; in 2022, he reported a drone hovering over the property. X/@SANRAL_za Severe weather warning: KZN on high alert as snow, icy winds predicted KwaZulu-Natal is bracing for freezing temperatures and potential snowfall in high-lying areas due to two strong cold fronts. Disaster management teams are on high alert, and municipalities are urged to implement contingency plans for vulnerable communities. Residents are advised to stay indoors, keep warm, check on vulnerable individuals, and stay updated through official sources. 'Bad Boys Porsche' accountant Rushil Singh pleads not guilty in R178m fraud trial Rushil Singh is on trial for fraud, forgery, and uttering, accused of using falsified documents to secure R178 million in loans from Investec Bank. The loans, intended for construction projects in Ghana, were allegedly used to fund a lavish lifestyle, including the purchase of rare McLaren cars and the "Bad Boys" Porsche. The case involves complex financial transactions and forged documents, and is linked to the murders of liquidators who were investigating Singh's govt to offer Musk Starlink deal before Trump meeting South Africa plans to offer Elon Musk's Starlink an alternative to black ownership laws to operate in the country, aiming to ease tensions with Musk and Donald Trump. The proposed "Equity Equivalent" option would involve investments in infrastructure, training, or providing Starlink kits to rural areas to improve internet access, applicable to all ICT companies. Talks stalled after Musk and Trump criticised BEE laws, but Starlink's technology could significantly improve internet access in South Africa, especially in rural areas where only 1.7% of households have access. Johann Rupert in Washington for Ramaphosa-Trump meeting, annoyed by 'Afrikaner refugees' Johann Rupert, South Africa's richest man, may have been instrumental in securing a meeting between President Cyril Ramaphosa and President Donald Trump. Rupert was reportedly frustrated with Trump's portrayal of Afrikaners and urged him to engage with Ramaphosa directly. Ramaphosa is meeting Trump after the US president issued an executive order against South Africa on 7 February, cutting all funding to the country. READ MORE 'Is this really happening?' The phone call from Rassie that left young Varsity Cup star in disbelief Ntokozo Makhaza, a 23-year-old UCT student, was surprisingly included in the Springbok alignment camp, despite never playing for a professional South African union. Makhaza credits the Varsity Cup system for his unique pathway to the Springbok camp and hopes his journey inspires others to pursue rugby through university. He recently signed with the Cheetahs and is preparing to join the Springbok alignment camp, aiming to learn and be himself among the biggest names in rugby. Jeff Kravitz/FilmMagic Prosecutors focus on pattern of violence as Sean Combs trial continues Sean "Diddy" Combs is facing serious allegations, including sex trafficking and racketeering, with prosecutors presenting witnesses detailing years of alleged abuse and violence. Key testimonies from ex-girlfriend Cassie Ventura and her former friend accuse Combs of harrowing abuse, including assaults and coercive, drug-fuelled sex. Witnesses recounted disturbing incidents, including assaults on Ventura and others, as prosecutors aim to substantiate racketeering charges that could see Combs imprisoned for life.
Yahoo
19-05-2025
- Business
- Yahoo
Form 8.5 (EPT/RI)-FD Technologies plc
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Name of exempt principal trader: Investec Bank plc (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree FD Technologies plc (c) Name of the party to the offer with which exempt principal trader is connected: Investec is Advisor and Joint Broker to FD Technologies plc (d) Date dealing undertaken: 16th May 2025 (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state 'N/A' N/A 2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received Ordinary Purchases 59,818 2,430 2,425 Ordinary Sales 59,318 2,450 2,435 (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit N/A N/A N/A N/A N/A (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit N/A N/A N/A N/A N/A N/A N/A N/A (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit N/A N/A N/A N/A N/A (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) N/A N/A N/A N/A 3. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state 'none' None Date of disclosure: 19th May 2025 Contact name: Priyali Bhattacharjee Telephone number: +91-9768034903 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Form 8.5 (EPT/RI)-De La Rue plc
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Name of exempt principal trader: Investec Bank plc (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree De La Rue plc (c) Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to De La Rue plc (d) Date dealing undertaken: 15th May 2025 (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state 'N/A' N/A 2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received Ordinary shares Purchases 81,575 128.5 128.5 (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit N/A N/A N/A N/A N/A (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit N/A N/A N/A N/A N/A N/A N/A N/A (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit N/A N/A N/A N/A N/A (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) N/A N/A N/A N/A 3. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state 'none' None Date of disclosure: 16th May 2025 Contact name: Priyali Bhattacharjee Telephone number: +91 9768034903 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
