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	12 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: INVESTEC 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:		42,180,233		7.78%		44,300,429		8.17%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		6,121,353		1.13%		5,830,509		1.07%
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:
				49,373,586		9.10%		50,130,938		9.24%

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		41		4.0650 GBP
ORD		Purchase		123		47.2200 ZAR
ORD		Purchase		300		47.3300 ZAR
ORD		Purchase		400		47.1700 ZAR
ORD		Purchase		406		47.4400 ZAR
ORD		Purchase		500		47.5000 ZAR
ORD		Purchase		1,248		47.4100 ZAR
ORD		Purchase		1,248		47.5700 ZAR
ORD		Purchase		1,663		47.0500 ZAR
ORD		Purchase		2,431		47.4600 ZAR
ORD		Purchase		3,406		47.0300 ZAR
ORD		Purchase		4,000		47.0700 ZAR
ORD		Purchase		4,000		47.2000 ZAR
ORD		Purchase		4,025		47.1800 ZAR
ORD		Purchase		4,055		47.1400 ZAR
ORD		Purchase		4,182		47.3500 ZAR
ORD		Purchase		20,654		4.0600 GBP
ORD		Purchase		45,090		4.0589 GBP
ORD		Purchase		87,546		4.0587 GBP
ORD		Purchase		91,083		4.0602 GBP
ORD		Purchase		268,051		4.0595 GBP
ORD		Purchase		724,070		4.0591 GBP
ORD		Sale		41		4.0630 GBP
ORD		Sale		150		4.0574 GBP
ORD		Sale		325		47.0100 ZAR
ORD		Sale		721		47.2300 ZAR
ORD		Sale		1,170		47.0500 ZAR
ORD		Sale		1,906		4.0516 GBP
ORD		Sale		2,060		47.1300 ZAR
ORD		Sale		2,704		47.2000 ZAR
ORD		Sale		2,967		47.6700 ZAR
ORD		Sale		3,325		46.9400 ZAR
ORD		Sale		3,327		47.0600 ZAR
ORD		Sale		3,330		47.0700 ZAR
ORD		Sale		3,331		46.9700 ZAR
ORD		Sale		3,694		47.6000 ZAR
ORD		Sale		3,716		47.5500 ZAR
ORD		Sale		3,745		47.4400 ZAR
ORD		Sale		3,886		47.5900 ZAR
ORD		Sale		4,000		46.9600 ZAR
ORD		Sale		4,000		47.4900 ZAR
ORD		Sale		4,000		47.6500 ZAR
ORD		Sale		4,004		47.3700 ZAR
ORD		Sale		4,012		47.3200 ZAR
ORD		Sale		4,018		47.5800 ZAR
ORD		Sale		4,272		4.0410 GBP
ORD		Sale		4,396		47.1900 ZAR
ORD		Sale		4,450		47.6200 ZAR
ORD		Sale		4,911		47.0200 ZAR
ORD		Sale		5,000		47.2200 ZAR
ORD		Sale		5,142		46.9800 ZAR
ORD		Sale		5,375		47.5100 ZAR
ORD		Sale		5,431		47.5200 ZAR
ORD		Sale		5,710		47.0400 ZAR
ORD		Sale		5,946		47.0900 ZAR
ORD		Sale		6,286		47.1400 ZAR
ORD		Sale		6,532		46.9500 ZAR
ORD		Sale		6,576		47.1100 ZAR
ORD		Sale		6,894		47.0300 ZAR
ORD		Sale		7,159		47.2800 ZAR
ORD		Sale		7,254		47.4800 ZAR
ORD		Sale		7,310		47.2400 ZAR
ORD		Sale		7,563		47.3800 ZAR
ORD		Sale		7,859		47.4100 ZAR
ORD		Sale		7,957		47.1200 ZAR
ORD		Sale		8,000		47.1000 ZAR
ORD		Sale		8,162		47.5600 ZAR
ORD		Sale		8,380		47.4700 ZAR
ORD		Sale		9,027		47.5700 ZAR
ORD		Sale		9,546		47.3100 ZAR
ORD		Sale		10,057		47.4300 ZAR
ORD		Sale		10,617		46.9900 ZAR
ORD		Sale		10,956		47.4200 ZAR
ORD		Sale		13,450		47.0800 ZAR
ORD		Sale		13,674		47.3300 ZAR
ORD		Sale		14,440		47.3400 ZAR
ORD		Sale		16,910		47.1500 ZAR
ORD		Sale		17,079		47.2900 ZAR
ORD		Sale		18,273		47.4600 ZAR
ORD		Sale		20,646		47.3600 ZAR
ORD		Sale		21,196		47.2700 ZAR
ORD		Sale		21,704		47.0000 ZAR
ORD		Sale		22,252		47.5000 ZAR
ORD		Sale		23,458		47.4500 ZAR
ORD		Sale		33,509		4.0619 GBP
ORD		Sale		40,373		47.4000 ZAR
ORD		Sale		43,886		4.0628 GBP
ORD		Sale		48,832		47.2500 ZAR
ORD		Sale		51,250		47.3500 ZAR
ORD		Sale		62,319		47.3000 ZAR
ORD		Sale		69,994		47.2600 ZAR
ORD		Sale		111,551		4.0590 GBP
ORD		Sale		377,100		47.3237 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		2,066		47.1211 ZAR
ORD		CFD		Long		2,791		4.0494 GBP
ORD		CFD		Long		4,698		4.0510 GBP
ORD		CFD		Long		14,450		4.0587 GBP
ORD		CFD		Long		24,142		47.1781 ZAR
ORD		CFD		Long		26,694		4.0733 GBP
ORD		CFD		Long		29,949		4.0427 GBP
ORD		CFD		Long		34,323		4.0611 GBP
ORD		CFD		Long		377,100		47.3142 ZAR
ORD		CFD		Long		692,004		47.2837 ZAR
ORD		Futures		Short		7		47.4900 ZAR
ORD		CFD		Short		300		47.3451 ZAR
ORD		CFD		Short		506		47.4700 ZAR
ORD		CFD		Short		7,138		47.2499 ZAR
ORD		CFD		Short		12,187		4.0542 GBP
ORD		CFD		Short		16,198		47.1398 ZAR
ORD		CFD		Short		24,828		4.0723 GBP
ORD		CFD		Short		31,304		4.0697 GBP
ORD		CFD		Short		1,071,170		47.2948 ZAR
ORD		CFD		Short		1,079,980		4.0592 GBP

(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
Date of disclosure:		13 Sep 2011
Contact name:		Geoff Smith
Telephone number:		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].

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

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 PLC

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

5,200.0000

American

15 Sep 2011

ORD

Call Options

Purchased

972,000

5,800.0000

American

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.