Investec PLC Pre-Close Trading Update Call Transcript

Sep 20, 2019 / 08:00AM GMT
Operator

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.

Fani Titi - Investec plc - Joint CEO & Executive Director

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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot