Investec (INVP)

Sector:

Banking

Index:

FTSE 250

529.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 539.00
  • 52 Week Low: 406.10
  • Currency: UK Pounds
  • Shares Issued: 645.16m
  • Volume: 674,347
  • Market Cap: £3,412.91m
  • RiskGrade: 206
  • Beta: 0.03

Investec to retain 10% stake in Ninety One

By Michele Maatouk

Date: Monday 21 Feb 2022

LONDON (ShareCast) - (Sharecast News) - Wealth manager Investec has laid out its plans to distribute 15% of its shares in Ninety One to shareholders.
The company announced the move in November last year. It said on Monday that after distributing the 15% interest, it will retain a 10% stake in Ninety One.

Investec's UK shareholders will receive their distribution in Ninety One Plc, while Investec South African shareholders will get their distribution in Ninety One Ltd.

The number of Ninety One shares each Investec shareholder is entitled to receive is expected to be confirmed in a separate announcement on or around 18 March.

Ninety One - formerly Investec Asset Management - demerged from Investec in March 2020 and began trading on the London and Johannesburg stock exchanges.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Investec Market Data

Currency UK Pounds
Share Price 529.00p
Change Today 5.00p
% Change 0.95 %
52 Week High 539.00
52 Week Low 406.10
Volume 674,347
Shares Issued 645.16m
Market Cap £3,412.91m
Beta 0.03
RiskGrade 206

Investec Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.23% above the market average36.23% above the market average36.23% above the market average36.23% above the market average36.23% above the market average
29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average29.41% below the sector average
Price Trend
64.63% above the market average64.63% above the market average64.63% above the market average64.63% above the market average64.63% above the market average
41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average41.18% below the sector average
Income
79.40% above the market average79.40% above the market average79.40% above the market average79.40% above the market average79.40% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Growth
73.13% above the market average73.13% above the market average73.13% above the market average73.13% above the market average73.13% above the market average
17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average17.65% above the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Investec Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Dec-23 17-Aug-23
Paid 22-Dec-23 04-Sep-23
Amount 15.50p 17.50p

Trades for 02-May-2024

Time Volume / Share Price
16:35 328,930 @ 529.00p
16:35 87 @ 529.00p
16:35 185 @ 529.00p
16:35 765 @ 529.00p
16:35 7,797 @ 529.00p

Investec Key Personnel

CEO Fani Titi
Chair Philip Hourquebie
Finance Director Nishlan Samujh

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