Investec Bank plc has filed a public dealing disclosure under Rule 8.5 of the Takeover Code relating to ordinary shares in NCC Group plc (NCC.L).
The disclosure, filed on 3rd June 2026, covers transactions undertaken on 2nd June 2026 by Investec acting as an exempt principal trader with recognised intermediary status.
Investec is listed as Joint Broker to NCC Group plc, meaning it operates in a client-serving capacity during these dealings.
The filing reveals that Investec purchased a total of 534,107 ordinary shares in NCC Group during the dealing date in question.
The highest price paid per unit for those purchases was 151.1 pence, while the lowest price per unit paid came in at 148.8 pence.
On the sales side, Investec sold 734,230 ordinary shares in NCC Group, also at a price range between 148.8 and 151.1 pence per unit.
The volume of shares sold exceeded the volume purchased, reflecting active market-making activity in the cybersecurity firm’s stock on the day.
Investec confirmed there were no cash-settled or stock-settled derivative transactions, and no options were written, purchased, sold, or exercised in connection with this disclosure.
The filing also states that no indemnity arrangements, option agreements, or other formal or informal understandings relating to relevant securities were in place.
Investec confirmed no agreements relating to voting rights or future acquisition or disposal of relevant securities linked to any derivative existed at the time of disclosure.
The contact named in the filing is Abhishek Gawde, reachable at a listed telephone number, with the disclosure submitted in compliance with Takeover Panel regulations.
Rule 8 disclosures of this kind are required to be made to a Regulatory Information Service, ensuring full transparency during offer periods or potential offer situations.
