Form 8.3 - INVESTEC 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: 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
(c) Name of offeror/offeree in relation to
whose relevant securities this form
relates: INVESTEC PLC
Use a separate form for each
offeror/offeree
(d) If an exempt fund manager connected with
an offeror/
offeree, state this and specify identity
of offeror/offeree:
(e) Date position held/dealing undertaken: 19 May 2010
(f) Has the discloser previously disclosed, or YES
are they today disclosing, under the Code
in respect of any other party
to this offer?
If YES, specify which:
Rensburg Sheppards Plc
Investec Ltd
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: ORDINARY
Interests Short positions
Number % Number %
(1) Relevant
securities
wned and/or
controlled: 2,889,010 0.61% 1,952,425 0.41%
(2) Derivatives
(other
than options): 821,949 0.17% 907,728 0.19%
(3) Options and
agreements to
purchase/sell: 2,285,500 0.49% 1,514,000 0.32%
TOTAL: 5,996,459 1.27% 4,374,153 0.93%
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:
Details, including nature of the rights concerned and relevant percentages:
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 Purchase/sale Number of Price per
relevant securities unit
security
ORD Purchase 25 54.0100 ZAR
ORD Purchase 143 54.6900 ZAR
ORD Purchase 314 54.5300 ZAR
ORD Purchase 337 53.8600 ZAR
ORD Purchase 340 53.6000 ZAR
ORD Purchase 373 53.9200 ZAR
ORD Purchase 394 53.7300 ZAR
ORD Purchase 419 54.5900 ZAR
ORD Purchase 500 53.8500 ZAR
ORD Purchase 527 54.2900 ZAR
ORD Purchase 565 53.7100 ZAR
ORD Purchase 567 4.8980 GBP
ORD Purchase 595 54.6100 ZAR
ORD Purchase 630 54.1900 ZAR
ORD Purchase 777 53.7400 ZAR
ORD Purchase 813 54.4500 ZAR
ORD Purchase 866 53.9100 ZAR
ORD Purchase 894 54.4900 ZAR
ORD Purchase 912 54.6200 ZAR
ORD Purchase 941 53.6600 ZAR
ORD Purchase 953 53.7500 ZAR
ORD Purchase 1,000 54.0600 ZAR
ORD Purchase 1,000 54.2100 ZAR
ORD Purchase 1,000 54.4400 ZAR
ORD Purchase 1,147 54.6700 ZAR
ORD Purchase 1,358 54.3400 ZAR
ORD Purchase 1,367 53.6800 ZAR
ORD Purchase 1,500 54.2000 ZAR
ORD Purchase 1,532 54.5400 ZAR
ORD Purchase 1,588 54.0800 ZAR
ORD Purchase 1,788 54.1100 ZAR
ORD Purchase 1,800 54.2300 ZAR
ORD Purchase 2,000 54.0200 ZAR
ORD Purchase 2,000 54.6400 ZAR
ORD Purchase 2,036 53.9700 ZAR
ORD Purchase 2,126 53.9900 ZAR
ORD Purchase 2,152 53.6200 ZAR
ORD Purchase 2,551 54.2600 ZAR
ORD Purchase 2,612 53.6400 ZAR
ORD Purchase 2,619 54.3700 ZAR
ORD Purchase 2,706 54.4600 ZAR
ORD Purchase 2,772 54.9600 ZAR
ORD Purchase 2,788 54.0900 ZAR
ORD Purchase 2,802 4.8918 GBP
ORD Purchase 2,823 4.8975 GBP
ORD Purchase 2,933 54.4100 ZAR
ORD Purchase 2,935 54.9400 ZAR
ORD Purchase 2,988 53.6700 ZAR
ORD Purchase 3,059 54.2800 ZAR
ORD Purchase 3,085 53.8900 ZAR
ORD Purchase 3,142 54.4200 ZAR
ORD Purchase 3,323 54.6600 ZAR
ORD Purchase 3,603 54.5100 ZAR
ORD Purchase 3,879 53.9400 ZAR
ORD Purchase 3,900 55.0200 ZAR
ORD Purchase 3,908 55.0400 ZAR
ORD Purchase 4,212 54.1000 ZAR
ORD Purchase 4,370 54.6500 ZAR
ORD Purchase 4,391 54.0700 ZAR
ORD Purchase 4,444 54.3500 ZAR
ORD Purchase 4,781 4.8899 GBP
ORD Purchase 4,936 54.7500 ZAR
ORD Purchase 4,986 54.4000 ZAR
ORD Purchase 5,142 55.0500 ZAR
ORD Purchase 5,371 54.6800 ZAR
ORD Purchase 5,435 53.5000 ZAR
ORD Purchase 5,486 54.1200 ZAR
ORD Purchase 5,715 54.3000 ZAR
ORD Purchase 5,803 53.9300 ZAR
ORD Purchase 5,865 53.8000 ZAR
ORD Purchase 6,098 53.9800 ZAR
ORD Purchase 6,273 54.8800 ZAR
ORD Purchase 6,360 54.9000 ZAR
ORD Purchase 6,624 54.9500 ZAR
ORD Purchase 6,678 55.0100 ZAR
ORD Purchase 6,851 4.9027 GBP
ORD Purchase 6,957 54.8900 ZAR
ORD Purchase 7,020 54.9900 ZAR
ORD Purchase 7,834 55.0000 ZAR
ORD Purchase 8,267 53.7200 ZAR
ORD Purchase 8,328 54.9700 ZAR
ORD Purchase 8,727 54.3900 ZAR
ORD Purchase 8,771 54.7200 ZAR
ORD Purchase 9,129 4.8940 GBP
ORD Purchase 9,747 54.0500 ZAR
ORD Purchase 10,028 4.9007 GBP
ORD Purchase 10,733 54.7700 ZAR
ORD Purchase 10,779 54.8600 ZAR
ORD Purchase 11,002 54.3800 ZAR
ORD Purchase 11,475 4.9212 GBP
ORD Purchase 11,561 54.7800 ZAR
ORD Purchase 12,441 54.9800 ZAR
ORD Purchase 13,313 54.5800 ZAR
ORD Purchase 13,678 4.8880 GBP
ORD Purchase 13,908 4.8944 GBP
ORD Purchase 14,245 4.8888 GBP
ORD Purchase 15,000 54.7100 ZAR
ORD Purchase 15,493 54.9300 ZAR
ORD Purchase 15,859 53.7000 ZAR
ORD Purchase 16,394 54.5000 ZAR
ORD Purchase 16,870 54.9200 ZAR
ORD Purchase 16,916 54.7000 ZAR
ORD Purchase 17,520 53.6500 ZAR
ORD Purchase 17,770 53.9000 ZAR
ORD Purchase 19,758 53.9500 ZAR
ORD Purchase 20,425 53.9600 ZAR
ORD Purchase 21,033 54.8500 ZAR
ORD Purchase 21,101 54.8700 ZAR
ORD Purchase 21,418 54.8400 ZAR
ORD Purchase 23,473 54.9100 ZAR
ORD Purchase 26,499 54.8300 ZAR
ORD Purchase 28,089 54.0000 ZAR
ORD Purchase 30,165 4.9019 GBP
ORD Purchase 31,642 4.9115 GBP
ORD Purchase 32,255 54.8200 ZAR
ORD Purchase 32,296 54.7600 ZAR
ORD Purchase 36,044 54.7900 ZAR
ORD Purchase 38,433 54.6000 ZAR
ORD Purchase 40,824 54.8100 ZAR
ORD Purchase 81,037 4.9452 GBP
ORD Purchase 103,390 54.8000 ZAR
ORD Purchase 320,902 4.8871 GBP
ORD Sale 115 54.5200 ZAR
ORD Sale 143 54.6900 ZAR
ORD Sale 179 54.3700 ZAR
ORD Sale 186 54.8700 ZAR
ORD Sale 217 54.3200 ZAR
ORD Sale 244 53.6000 ZAR
ORD Sale 300 53.4500 ZAR
ORD Sale 337 53.8600 ZAR
ORD Sale 364 54.9300 ZAR
ORD Sale 393 54.9500 ZAR
ORD Sale 400 54.8600 ZAR
ORD Sale 463 54.0500 ZAR
ORD Sale 463 54.5100 ZAR
ORD Sale 598 54.6100 ZAR
ORD Sale 600 54.4200 ZAR
ORD Sale 652 53.6800 ZAR
ORD Sale 655 54.7700 ZAR
ORD Sale 894 53.5200 ZAR
ORD Sale 943 53.9700 ZAR
ORD Sale 1,000 4.9638 GBP
ORD Sale 1,000 54.0600 ZAR
ORD Sale 1,000 54.0900 ZAR
ORD Sale 1,000 54.1000 ZAR
ORD Sale 1,000 54.6400 ZAR
ORD Sale 1,000 54.9600 ZAR
ORD Sale 1,000 54.9800 ZAR
ORD Sale 1,000 54.9900 ZAR
ORD Sale 1,076 54.4900 ZAR
ORD Sale 1,119 54.7600 ZAR
ORD Sale 1,141 53.9400 ZAR
ORD Sale 1,298 53.9800 ZAR
ORD Sale 1,419 54.5900 ZAR
ORD Sale 1,513 54.9200 ZAR
ORD Sale 1,676 53.7200 ZAR
ORD Sale 1,788 53.9900 ZAR
ORD Sale 1,997 54.8400 ZAR
ORD Sale 2,000 54.0700 ZAR
ORD Sale 2,000 54.9700 ZAR
ORD Sale 2,000 55.0200 ZAR
ORD Sale 2,000 55.0400 ZAR
ORD Sale 2,020 54.8200 ZAR
ORD Sale 2,043 53.9600 ZAR
ORD Sale 2,086 54.3500 ZAR
ORD Sale 2,364 54.7800 ZAR
ORD Sale 2,487 54.9400 ZAR
ORD Sale 2,522 53.6500 ZAR
ORD Sale 2,683 54.6500 ZAR
ORD Sale 2,832 54.7500 ZAR
ORD Sale 3,482 54.6000 ZAR
ORD Sale 3,605 53.9000 ZAR
ORD Sale 4,000 54.1200 ZAR
ORD Sale 4,052 54.8100 ZAR
ORD Sale 4,198 54.7900 ZAR
ORD Sale 4,970 53.5000 ZAR
ORD Sale 5,000 54.5700 ZAR
ORD Sale 5,050 53.8400 ZAR
ORD Sale 5,787 53.9500 ZAR
ORD Sale 6,000 53.9300 ZAR
ORD Sale 6,000 54.6200 ZAR
ORD Sale 6,113 4.9183 GBP
ORD Sale 7,000 55.0000 ZAR
ORD Sale 7,509 4.8921 GBP
ORD Sale 9,000 54.5800 ZAR
ORD Sale 9,706 54.0000 ZAR
ORD Sale 12,554 54.8000 ZAR
ORD Sale 14,245 4.8884 GBP
ORD Sale 21,969 4.9326 GBP
ORD Sale 25,842 54.3300 ZAR
ORD Sale 27,493 54.5000 ZAR
ORD Sale 30,307 4.8710 GBP
ORD Sale 39,588 4.9029 GBP
ORD Sale 40,200 4.9069 GBP
ORD Sale 1,034,912 4.9098 GBP
(b) Derivatives transactions (other than options)
Class of Product Nature of dealing Number of Price
relevant description e.g. opening/ reference per unit
security e.g. CFD closing a long/ securities
short position,
increasing/reducing
a long/short position
ORD CFD Long 1,000 4.9638 GBP
ORD CFD Long 1,891 53.9247 ZAR
ORD CFD Long 3,994 54.3482 ZAR
ORD CFD Long 6,113 4.9183 GBP
ORD CFD Long 21,969 4.9326 GBP
ORD CFD Long 34,675 53.9161 ZAR
ORD CFD Long 86,792 54.3679 ZAR
ORD CFD Long 1,034,912 4.9098 GBP
ORD CFD Long 1,433,316 54.7097 ZAR
ORD CFD Short 3,393 54.2666 ZAR
ORD CFD Short 4,781 4.8899 GBP
ORD CFD Short 11,475 4.9212 GBP
ORD CFD Short 14,245 4.8888 GBP
ORD CFD Short 81,037 4.9452 GBP
ORD CFD Short 127,352 54.2411 ZAR
ORD CFD Short 394,961 54.6725 ZAR
ORD CFD Short 442,477 54.5808 ZAR
ORD CFD Short 592,485 54.8319 ZAR
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Class of Product Writing, Number Exercise Type Expiry Option
relevant description purchasing, of Price e.g. date Money
security e.g. selling, securities per unit paid/
call varying to which American, received
option etc. option European per unit
relates etc.
(ii) Exercising
Class of Product Number of Exercise
relevant description securities price
security e.g. call per unit
option
(d) Other dealings (including subscribing for new securities)
Class of Nature of Details Price per
Relevant dealing e.g. unit
security subscription, (if applicable)
conversion
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"
(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"
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? NO
Date of disclosure: 20 May 2010
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 monitoring@disclosure.org.uk.
The Panel's Market Surveillance Unit is available for consultation in relation to the Code's
dealing disclosure requirements on +44 (0)20 7638 0129.
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 the person whose positions/dealings
are being disclosed: Barclays PLC.
Name of offeror/offeree in relation to whose
relevant securities this from relates: INVESTEC
2. OPTIONS AND DERIVATIVES
Class of Product Writing, Number of Exercise Type Expiry
relevant description purchasing, securities price date
security selling, to which per unit
varying etc option
relates
ORD Futures Selling -260,000 17 Jun 2010
ORD Futures Purchased 540,800 16 Sep 2010
ORD Put Option Purchased 19,400 68.0000 American 16 Sep 2010
ORD Put Option Written -19,400 59.1300 American 16 Sep 2010
ORD Cal Option Purchased 19,400 47.3000 American 16 Sep 2010
ORD Put Option Purchased 1,234,600 52.0000 American 16 Sep 2010
ORD Cal Option Purchased 471,300 54.0000 American 17 Jun 2010
ORD Cal Option Written -1,234,600 70.0000 American 16 Sep 2010
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: