Investec Bank plc has filed a public dealing disclosure under Rule 8.5 of the Takeover Code in relation to NCC Group plc (LON: NCC).
The disclosure identifies Investec as an exempt principal trader acting in a client-serving capacity, with recognised intermediary status under the Takeover Code’s dealing rules.
Investec holds a formal relationship with NCC Group, serving as Joint Broker to the cybersecurity firm at the time of the disclosed transactions.
The dealings were conducted on 10th June 2026, with the disclosure itself filed the following day on 11th June 2026.
On that date, Investec purchased a total of 161,316 ordinary shares in NCC Group, with prices ranging from a low of 139.6p to a high of 140.48p per unit.
In addition to its purchases, Investec also sold 211,621 ordinary shares in NCC Group, with prices ranging between 139.8p and 142p per unit.
The volume of sales exceeded purchases by roughly 50,000 shares, reflecting active two-way trading activity in NCC Group stock on the day in question.
NCC Group shares were marked down sharply around the time of the disclosure, with the stock falling approximately 5.10 percent during the relevant trading period.
Investec confirmed there are no indemnity arrangements, option agreements, or any formal or informal understandings that may have acted as an inducement to deal or refrain from dealing.
The bank similarly confirmed no agreements exist relating to voting rights or the future acquisition and disposal of relevant securities to which any derivative is referenced.
No cash-settled or stock-settled derivative transactions were reported as part of this disclosure, with all relevant sections marked not applicable.
The disclosure was made in compliance with Rule 8 of the Takeover Code, which requires public filings to be submitted to a Regulatory Information Service when relevant dealings occur.
The contact listed on the disclosure is Abhishek Gawde, reachable by telephone, with the filing processed through standard regulatory channels as required by the Takeover Panel.
