Form 8.3 - INVESTEC PLC

Form 8.3 - INVESTEC PLC

BARCLAYS PLC

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	BARCLAYS PLC
(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	Â
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	INVESTEC PLC
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:	Â	Â
(e) Date position held/dealing undertaken:	Â	2 September 2011
(f) Has the discloser previously disclosed, or are they today disclosing, under the Code in respect of any other party to this offer?	Â	YES: CANACCORD FINANCIAL INC CANACCORD FINL INC EVOLUTION GROUP PLC INVESTEC LIMITED Â

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	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		39,434,018		7.27%		41,364,652		7.63%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		4,505,989		0.83%		4,245,824		0.78%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,072,000		0.20%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				45,012,007		8.30%		45,610,476		8.41%

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
Details, including nature of the rights concerned and relevant percentages:	Â

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	Â	Purchase/sale	Â	Number of	Â	Price per unit
security		Â		securities		Â
ORD		Purchase		40		49.1000 ZAR
ORD		Purchase		125		48.9700 ZAR
ORD		Purchase		158		49.0000 ZAR
ORD		Purchase		167		49.2000 ZAR
ORD		Purchase		168		48.9200 ZAR
ORD		Purchase		206		48.7300 ZAR
ORD		Purchase		240		48.9400 ZAR
ORD		Purchase		413		48.6700 ZAR
ORD		Purchase		584		48.9500 ZAR
ORD		Purchase		827		48.7100 ZAR
ORD		Purchase		950		49.3200 ZAR
ORD		Purchase		1,001		49.0300 ZAR
ORD		Purchase		1,033		48.5300 ZAR
ORD		Purchase		1,087		49.1100 ZAR
ORD		Purchase		1,154		4.2594 GBP
ORD		Purchase		1,159		49.1300 ZAR
ORD		Purchase		1,239		48.5500 ZAR
ORD		Purchase		1,265		48.7000 ZAR
ORD		Purchase		1,365		48.8600 ZAR
ORD		Purchase		1,386		4.2548 GBP
ORD		Purchase		1,446		48.5100 ZAR
ORD		Purchase		1,501		48.7200 ZAR
ORD		Purchase		1,505		49.0800 ZAR
ORD		Purchase		1,716		49.0500 ZAR
ORD		Purchase		1,859		48.6800 ZAR
ORD		Purchase		1,890		48.6900 ZAR
ORD		Purchase		1,949		4.2616 GBP
ORD		Purchase		1,990		48.7800 ZAR
ORD		Purchase		2,067		48.7700 ZAR
ORD		Purchase		2,083		48.8900 ZAR
ORD		Purchase		2,370		48.6000 ZAR
ORD		Purchase		2,492		49.0600 ZAR
ORD		Purchase		2,557		48.6500 ZAR
ORD		Purchase		3,215		48.6600 ZAR
ORD		Purchase		3,251		48.6200 ZAR
ORD		Purchase		3,284		48.8700 ZAR
ORD		Purchase		3,685		4.2619 GBP
ORD		Purchase		4,133		48.5900 ZAR
ORD		Purchase		4,205		48.8200 ZAR
ORD		Purchase		4,371		48.9000 ZAR
ORD		Purchase		4,715		48.7400 ZAR
ORD		Purchase		5,073		4.2933 GBP
ORD		Purchase		6,390		48.6100 ZAR
ORD		Purchase		6,840		4.2635 GBP
ORD		Purchase		10,634		4.3088 GBP
ORD		Purchase		13,424		48.8300 ZAR
ORD		Purchase		30,448		4.3090 GBP
ORD		Purchase		32,716		4.2612 GBP
ORD		Purchase		40,230		4.3015 GBP
ORD		Purchase		51,179		4.2972 GBP
ORD		Purchase		168,650		4.3001 GBP
ORD		Purchase		2,297,000		49.8900 ZAR
ORD		Sale		59		49.2500 ZAR
ORD		Sale		100		48.9100 ZAR
ORD		Sale		224		49.1300 ZAR
ORD		Sale		316		48.8700 ZAR
ORD		Sale		335		48.5500 ZAR
ORD		Sale		346		49.1900 ZAR
ORD		Sale		406		48.8200 ZAR
ORD		Sale		505		48.7200 ZAR
ORD		Sale		566		49.0500 ZAR
ORD		Sale		700		48.9400 ZAR
ORD		Sale		729		49.0200 ZAR
ORD		Sale		1,059		49.1700 ZAR
ORD		Sale		1,250		49.1800 ZAR
ORD		Sale		1,385		48.9600 ZAR
ORD		Sale		1,470		48.9800 ZAR
ORD		Sale		1,562		48.6600 ZAR
ORD		Sale		1,818		49.3500 ZAR
ORD		Sale		1,981		48.8900 ZAR
ORD		Sale		1,989		49.1000 ZAR
ORD		Sale		2,000		49.2200 ZAR
ORD		Sale		2,090		48.6900 ZAR
ORD		Sale		2,094		48.9300 ZAR
ORD		Sale		2,158		48.7800 ZAR
ORD		Sale		2,168		49.1500 ZAR
ORD		Sale		2,199		48.8500 ZAR
ORD		Sale		2,238		48.9700 ZAR
ORD		Sale		2,300		4.2745 GBP
ORD		Sale		2,356		48.8400 ZAR
ORD		Sale		2,398		49.0300 ZAR
ORD		Sale		2,400		4.2738 GBP
ORD		Sale		2,426		49.3100 ZAR
ORD		Sale		2,478		48.6000 ZAR
ORD		Sale		2,701		49.3000 ZAR
ORD		Sale		2,980		49.1600 ZAR
ORD		Sale		2,990		49.2900 ZAR
ORD		Sale		3,108		49.2800 ZAR
ORD		Sale		3,518		49.2000 ZAR
ORD		Sale		3,583		49.2400 ZAR
ORD		Sale		3,673		48.8300 ZAR
ORD		Sale		4,000		48.8000 ZAR
ORD		Sale		4,000		49.0400 ZAR
ORD		Sale		4,000		49.3200 ZAR
ORD		Sale		4,241		48.9900 ZAR
ORD		Sale		4,720		4.3036 GBP
ORD		Sale		5,260		48.8800 ZAR
ORD		Sale		5,546		49.0700 ZAR
ORD		Sale		5,841		49.1200 ZAR
ORD		Sale		5,961		48.9500 ZAR
ORD		Sale		6,593		48.9000 ZAR
ORD		Sale		7,320		49.1100 ZAR
ORD		Sale		7,817		4.2909 GBP
ORD		Sale		8,498		49.2700 ZAR
ORD		Sale		8,511		4.2666 GBP
ORD		Sale		8,909		49.0800 ZAR
ORD		Sale		10,817		49.0900 ZAR
ORD		Sale		11,542		49.0100 ZAR
ORD		Sale		11,804		49.0600 ZAR
ORD		Sale		23,140		49.4610 ZAR
ORD		Sale		25,983		49.0000 ZAR
ORD		Sale		27,802		4.2653 GBP
ORD		Sale		38,977		4.2638 GBP
ORD		Sale		154,638		4.2781 GBP
ORD		Sale		2,297,000		49.8900 ZAR

(b) Derivatives transactions (other than options)

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		CFD		Long		248		48.9743 ZAR
ORD		CFD		Long		600		49.2285 ZAR
ORD		CFD		Long		1,373		49.0810 ZAR
ORD		CFD		Long		1,397		4.2578 GBP
ORD		CFD		Long		4,400		4.3065 GBP
ORD		CFD		Long		4,841		49.0756 ZAR
ORD		CFD		Long		21,216		4.2929 GBP
ORD		CFD		Long		23,140		49.4510 ZAR
ORD		CFD		Long		40,257		4.3026 GBP
ORD		CFD		Long		84,234		4.2625 GBP
ORD		CFD		Long		134,736		49.0567 ZAR
ORD		CFD		Long		2,297,000		4.4077 GBP
ORD		CFD		Long		2,358,759		49.8772 ZAR
ORD		CFD		Short		125		4.2676 GBP
ORD		CFD		Short		600		49.1457 ZAR
ORD		CFD		Short		7,546		49.0350 ZAR
ORD		CFD		Short		8,887		4.2975 GBP
ORD		CFD		Short		9,808		4.2626 GBP
ORD		CFD		Short		38,990		4.3002 GBP
ORD		CFD		Short		53,613		48.7122 ZAR
ORD		CFD		Short		164,938		49.1152 ZAR
ORD		CFD		Short		188,702		4.3051 GBP
ORD		CFD		Short		2,297,000		49.8949 ZAR

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

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

(ii) Exercising

Class of relevant security

Â

Product description e.g. call option

Â

Number of securities

Â

Exercise price per unit

(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)

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

YES Â

Date of disclosure:	Â	5 Sep 2011
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 7116 2913

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].

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of person whose open positions are being disclosed:	Â	Barclays PLC.
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		INVESTEC

2. OPTIONS AND DERIVATIVES

Class

Â

Product

Â

Writing,

Â

Number

Â

Exercise

Â

Type

Â

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

Â

Â

Â

relates

Â

Â

Â

ORD

Put Options

Purchased

100,000

Â

Â

15 Sep 2011

ORD

Call Options

Purchased

972,000

Â

Â

15 Sep 2011

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

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

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.