Form 8.3 - Investec Ltd

Form 8.3 - Investec Ltd

Emerging Markets Management

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Identity of the person whose positions/dealings are being disclosed:	Â	Emerging Markets Management, L.L.C.
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient	Â	n/a
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	Investec Ltd.
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	Â	n/a
(e) Date position held/dealing undertaken:	Â	May 13, 2010
(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?	Â	NO

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:	Â	ZAR0.02 ordinary
Â	Â	Interests			Â	Short positions
	Â	Number	Â	%	Â	Number	Â	%
(1) Relevant securities owned and/or controlled:	Â	7,902,140	Â	3.14%	Â	None	Â	Â
(2) Derivatives (other than options):	Â	None	Â	Â	Â	None	Â	Â
(3) Options and agreements to purchase/sell:	Â	None	Â	Â	Â	None	Â	Â
TOTAL:	Â	7,902,140	Â	3.14%	Â	None	Â	Â

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other executive options)

Class of relevant security in relation to which subscription right exists:	Â	n/a
Details, including nature of the rights concerned and relevant percentages:	Â	n/a

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a) Purchases and sales

Class of relevant security	Â	Purchase/Sale	Â	Number of securities	Â	Price per unit (in ZAR)
ZAR0.02 ordinary	Â	Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale	Â	2848 146 239 1053 357 684 4107 2080 3881 22 142 418 627 229 1110 1099 4587 1272 739 4329 558 5014 103 3952 62 21 86 1667 285 704 4379 456 630 147 127 1297 1236 75 2427 2760 192 8915 544 1710 1140 465 1142 790 133 656 593 239 144 1895 200 900 3380 87 3300 1082 348 1670 1095 1185 3785 1805 1159 3244 2768 67 176 833 2393 879 2193 1349 399 1580 1427 669 21 321 662 1964 192 1140 135 928 453 386 114 30 159 1039 2 448 3 146 164 123 538 841 955 151 2432 1352 638 615 1051 949 455 134 284 1233 723 183 670 80 800	Â	58.30 58.35 58.38 58.44 58.45 58.46 58.49 58.50 58.51 58.59 58.60 58.61 58.62 58.63 58.64 58.65 58.66 58.67 58.68 58.69 58.70 58.71 58.72 58.73 58.74 58.75 58.77 58.78 58.79 58.80 58.83 58.85 58.89 58.90 58.93 58.94 58.95 58.96 58.97 58.98 58.99 59.00 59.01 59.02 59.03 59.05 59.07 59.08 59.16 59.17 59.18 59.20 59.22 59.23 59.25 59.26 59.27 59.29 59.30 59.31 59.32 59.33 59.34 59.35 59.37 59.38 59.39 59.40 59.41 59.42 59.43 59.44 59.45 59.46 59.47 59.48 59.49 59.50 59.52 59.53 59.55 59.56 59.57 59.58 59.59 59.6 59.61 59.63 59.64 59.65 59.66 59.67 59.68 59.69 59.70 59.71 59.72 59.73 59.74 59.78 59.79 59.80 59.81 59.83 59.89 60.01 60.02 60.03 60.04 60.05 60.06 60.08 60.09 60.10 60.11 60.12 60.18 60.35 60.39

(b) Derivatives transactions (other than options)

Class of relevant security	Â	Product description e.g. CFD	Â	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Â	Number of reference securities	Â	Price per unit
Â	Â	Â	Â	Â	Â	Â	Â	Â

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

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Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

Â

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(ii) Exercising

Class of relevant security	Â	Product description e.g. call option	Â	Number of securities	Â	Exercise price per unit
Â	Â	Â	Â	Â	Â	Â

(d) Other dealings (including subscribing for new securities)

Class of relevant security	Â	Nature of dealing e.g. subscription, conversion	Â	Details	Â	Price per unit (if applicable)
Â	Â	Â	Â	Â	Â	Â

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer: If there are no such agreements, arrangements or understandings, state “none”

none

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state “none”

none

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?

Â

NO

Date of disclosure:	Â	May 13, 2010
Contact name:	Â	Brian E. Walker General Counsel
Telephone number:	Â	703.243.8800

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.