TodayWednesday, October 21, 2026

Investec Bank Plc (INVP.L) Discloses Share Dealings In Logistics Development Group Plc (LDG.L) Amid Takeover Activity

Investec Bank Plc has filed a Form 8.5 public dealing disclosure relating to Logistics Development Group plc under Rule 8.5 of the Takeover Code.

The disclosure, filed on 21st October 2026, covers share dealings that were undertaken by Investec on 20th October 2026 in an official client-serving capacity.

Investec Bank Plc is acting as financial adviser to DBAY Advisors Limited, which is a party to the current offer involving Logistics Development Group plc.

As an exempt principal trader with recognised intermediary status, Investec is required to publicly disclose its dealings under the rules governing UK takeover activity.

The filing reveals that Investec purchased 62,000 ordinary shares in Logistics Development Group plc, with both the highest and lowest price per unit recorded at 23 pence.

In addition to those purchases, Investec also sold 70,525 ordinary shares, with prices ranging between 23 pence and 23.1 pence per unit during the same dealing period.

No cash-settled derivative transactions or stock-settled derivative transactions were reported as part of this disclosure filing.

Investec confirmed there are no indemnity arrangements or other dealing agreements that could act as an inducement to deal or refrain from dealing in relevant securities.

The bank also confirmed there are no agreements or understandings relating to voting rights or future acquisition and disposal of securities linked to any derivatives.

The contact listed on the disclosure is Abhishek Gawde, reachable by telephone for any inquiries related to the filing and its contents.

Public disclosures of this nature under Rule 8 of the Takeover Code are required to be made to a Regulatory Information Service to ensure market transparency during active offer periods.

The UK Takeover Panel’s Market Surveillance Unit remains available for consultation regarding dealing disclosure requirements throughout the course of any live offer process.

Raul Martinez

Raul Martinez covers crypto, AI, tech and iGaming news for iBusiness.News. He is especially interested in generative AI, robotics, and blockchain startups.