Investec Ltd (NAM:IVD)
R 137.66 0.16 (0.12%) Market Cap: 34.75 Bil Enterprise Value: -51.77 Bil PE Ratio: 5.83 PB Ratio: 0.97 GF Score: 52/100

Investec PLC and Investec Ltd Update on Asset Management Demerger Circular Call (Q&A) Transcript

Dec 03, 2019 / 09:00AM GMT
Release Date Price: R47.61 (-1.39%)
Operator

Good day, ladies and gentlemen, and welcome to the Investec Demerger Circular Call. (Operator Instructions)

Please note that this call is being recorded. I would now like to turn the conference over to Fani Titi. Please go ahead, sir.

Fani Titi
Investec plc - Joint CEO & Executive Director

Good morning, ladies and gentlemen, and thank you for joining us on this demerger call. I am joined by my joint CEO, Hendrik du Toit, and by the group Chief Financial Officer, Nishlan Samujh.

As you know, we published the circular on Friday, and it contains a lot of pertinent details on the demerger. We hope that you have had the opportunity since Friday to look into the detail. And we are here to answer any specific calls to clarify any matter that you may want to clarify.

So we will go direct into your calls. You will know the rationale for the demerger that we have expounded over the last so many months, we don't intend to go over that ground again. We will go directly into your questions. Thank you very much.

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