Investec PLC Pre-Close Trading Update Call Transcript
Good day, ladies and gentlemen, and welcome to Investec's trading update. (Operator Instructions) Please note that this conference is being recorded.
I'd now like to hand the conference over to Mr. Fani Titi. Please go ahead, sir.
Hi. Good morning. This is Fani Titi, and I'm joined on this call by Hendrik du Toit and Nishlan Samujh. We would like to thank you for joining this conference call to discuss the pre-close statement that was released earlier this morning. I will give you a brief overview of our announcement this morning before opening up for questions.
The group remains committed to its objective of simplifying and focusing the business in pursuit of disciplined growth over the long term. The proposed demerger and separate listing of Investec Asset Management is on track with regulatory approval obtained in August, as we had announced.
The Bank and Wealth business is focused on its strategic priorities. To this end, the following actions have been taken: we have
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