Investec Bank disclosed that it bought 50,000 Logistics Development Group ordinary shares on October 26, 2026, in a client-serving capacity. The bank said it is financial adviser to DBAY Advisors, a party connected to the offer covered by the disclosure.

Logistics Development Group purchase details

The disclosure, dated October 27, listed the highest and lowest price paid per share as 21.5. It did not specify a currency or price unit.

Investec filed the dealing disclosure under Rule 8.5 of the Takeover Code as an exempt principal trader with recognised intermediary status. The filing does not identify the client for whom the bank was acting.

Other dealings and arrangements

The filing listed no cash-settled or stock-settled derivative transactions and no other dealings.

Investec also reported no relevant indemnity or option arrangements, and no agreements concerning voting rights or future acquisitions or disposals of securities referenced by derivatives.

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