Investec Limited (Botswana) – Notice of publication of Annual Compliance Report

By Published On: August 31st, 2022Categories: Corporate announcement

In accordance with paragraph 16.21 (g) and Appendix 1 to Section 11 of the JSE Listing Requirements, notice is hereby given that the Company’s annual compliance report in terms of section 13G(2) of the Act has been published and is available on Investec’s website at www.investec.com.

Investec Limited has been rated a level 2 B-BBEE contributor for the financial year ended 31 March 2022. For the prior four years, the Company was rated a level 1 B-BBEE contributor. The reason for the drop in the rating is that the Financial Sector Transformation Council (FSTC) has declined the Company’s application for exemption from the access provisions (financial inclusion) contained in the Financial Sector Code. Given Investec’s business model, the Company has been granted this exemption since 2006. Investec is engaging with the FSTC to resolve the matter.

By order of the board

N van Wyk
Company Secretary
Investec Limited
26 August 2022
Johannesburg

 

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Investec Limited (INVEST.bw)

Share price: 6,323.00 Thebe ▼ (0.00 | 0.00% – 24/03/23)

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