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: 20 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: 3,301,895 0.70% 2,487,603 0.53%
(2) Derivatives
(other
than options): 2,085,510 0.44% 141,007 0.03%
(3) Options and
agreements to
purchase/sell: 2,285,500 0.49% 1,514,000 0.32%
TOTAL: 7,672,905 1.63% 4,142,610 0.88%
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 15 53.2600 ZAR
ORD Purchase 15 53.8000 ZAR
ORD Purchase 30 53.7700 ZAR
ORD Purchase 46 4.7080 GBP
ORD Purchase 168 55.0200 ZAR
ORD Purchase 179 55.3000 ZAR
ORD Purchase 179 55.4000 ZAR
ORD Purchase 179 55.8800 ZAR
ORD Purchase 179 56.1000 ZAR
ORD Purchase 180 53.8400 ZAR
ORD Purchase 181 54.2000 ZAR
ORD Purchase 196 53.7900 ZAR
ORD Purchase 212 54.3800 ZAR
ORD Purchase 253 55.0000 ZAR
ORD Purchase 286 54.0500 ZAR
ORD Purchase 292 54.5800 ZAR
ORD Purchase 349 54.9300 ZAR
ORD Purchase 351 53.4700 ZAR
ORD Purchase 354 54.9400 ZAR
ORD Purchase 400 54.8700 ZAR
ORD Purchase 400 55.2900 ZAR
ORD Purchase 419 53.3300 ZAR
ORD Purchase 428 53.6600 ZAR
ORD Purchase 466 55.5200 ZAR
ORD Purchase 541 55.1300 ZAR
ORD Purchase 553 53.9400 ZAR
ORD Purchase 555 53.2500 ZAR
ORD Purchase 584 54.0900 ZAR
ORD Purchase 621 54.0200 ZAR
ORD Purchase 666 55.2300 ZAR
ORD Purchase 683 55.4600 ZAR
ORD Purchase 800 53.4100 ZAR
ORD Purchase 885 54.8100 ZAR
ORD Purchase 894 53.4300 ZAR
ORD Purchase 894 53.4900 ZAR
ORD Purchase 936 53.4000 ZAR
ORD Purchase 964 54.7400 ZAR
ORD Purchase 970 54.8400 ZAR
ORD Purchase 973 53.3900 ZAR
ORD Purchase 1,000 53.7600 ZAR
ORD Purchase 1,000 53.8800 ZAR
ORD Purchase 1,073 53.6300 ZAR
ORD Purchase 1,073 55.1200 ZAR
ORD Purchase 1,077 55.1400 ZAR
ORD Purchase 1,200 55.1900 ZAR
ORD Purchase 1,226 54.7600 ZAR
ORD Purchase 1,345 54.1200 ZAR
ORD Purchase 1,394 54.8900 ZAR
ORD Purchase 1,458 55.0800 ZAR
ORD Purchase 1,521 54.6100 ZAR
ORD Purchase 1,587 54.5200 ZAR
ORD Purchase 1,594 54.0800 ZAR
ORD Purchase 1,684 53.7300 ZAR
ORD Purchase 1,701 4.8783 GBP
ORD Purchase 1,719 55.5300 ZAR
ORD Purchase 1,788 53.7200 ZAR
ORD Purchase 1,812 4.6862 GBP
ORD Purchase 1,912 53.0900 ZAR
ORD Purchase 2,000 53.0100 ZAR
ORD Purchase 2,000 53.0400 ZAR
ORD Purchase 2,000 53.1000 ZAR
ORD Purchase 2,018 53.3600 ZAR
ORD Purchase 2,103 55.3100 ZAR
ORD Purchase 2,131 54.0600 ZAR
ORD Purchase 2,140 53.5400 ZAR
ORD Purchase 2,199 4.8353 GBP
ORD Purchase 2,316 53.7000 ZAR
ORD Purchase 2,328 53.5800 ZAR
ORD Purchase 2,510 53.5900 ZAR
ORD Purchase 2,628 54.0400 ZAR
ORD Purchase 2,976 54.1000 ZAR
ORD Purchase 3,000 53.4200 ZAR
ORD Purchase 3,038 53.3500 ZAR
ORD Purchase 3,107 54.0700 ZAR
ORD Purchase 3,113 53.9900 ZAR
ORD Purchase 3,170 53.6900 ZAR
ORD Purchase 3,362 54.7000 ZAR
ORD Purchase 3,564 55.0400 ZAR
ORD Purchase 3,784 54.8200 ZAR
ORD Purchase 4,000 53.0200 ZAR
ORD Purchase 4,062 53.6400 ZAR
ORD Purchase 4,077 55.1500 ZAR
ORD Purchase 4,420 54.9500 ZAR
ORD Purchase 4,624 53.5300 ZAR
ORD Purchase 4,628 54.5900 ZAR
ORD Purchase 4,632 53.5700 ZAR
ORD Purchase 4,701 55.0600 ZAR
ORD Purchase 4,921 54.7100 ZAR
ORD Purchase 5,034 53.0000 ZAR
ORD Purchase 5,252 53.4600 ZAR
ORD Purchase 5,268 53.6000 ZAR
ORD Purchase 5,939 53.4800 ZAR
ORD Purchase 6,000 54.8600 ZAR
ORD Purchase 6,000 54.8800 ZAR
ORD Purchase 6,000 54.9100 ZAR
ORD Purchase 6,000 54.9700 ZAR
ORD Purchase 6,293 53.7400 ZAR
ORD Purchase 6,700 55.2700 ZAR
ORD Purchase 6,787 4.9056 GBP
ORD Purchase 6,888 54.1400 ZAR
ORD Purchase 6,898 53.6200 ZAR
ORD Purchase 7,069 4.8025 GBP
ORD Purchase 7,295 55.1600 ZAR
ORD Purchase 7,477 53.4400 ZAR
ORD Purchase 7,580 54.7900 ZAR
ORD Purchase 7,650 53.9100 ZAR
ORD Purchase 8,465 53.5600 ZAR
ORD Purchase 8,834 54.0300 ZAR
ORD Purchase 9,129 4.7040 GBP
ORD Purchase 9,486 53.3000 ZAR
ORD Purchase 10,000 53.8500 ZAR
ORD Purchase 10,862 54.9200 ZAR
ORD Purchase 10,932 53.7500 ZAR
ORD Purchase 11,050 4.6949 GBP
ORD Purchase 11,153 54.7800 ZAR
ORD Purchase 11,470 4.6968 GBP
ORD Purchase 11,470 4.6972 GBP
ORD Purchase 11,703 55.2000 ZAR
ORD Purchase 11,989 54.6000 ZAR
ORD Purchase 12,757 53.6100 ZAR
ORD Purchase 12,782 53.5000 ZAR
ORD Purchase 13,954 54.7700 ZAR
ORD Purchase 14,117 4.7898 GBP
ORD Purchase 14,628 53.5100 ZAR
ORD Purchase 15,145 53.5200 ZAR
ORD Purchase 15,888 53.5500 ZAR
ORD Purchase 25,842 54.8500 ZAR
ORD Purchase 27,386 4.7110 GBP
ORD Purchase 29,661 53.4500 ZAR
ORD Purchase 33,261 54.9000 ZAR
ORD Purchase 34,278 54.8000 ZAR
ORD Purchase 69,117 4.7265 GBP
ORD Sale 30 54.1300 ZAR
ORD Sale 70 54.9700 ZAR
ORD Sale 76 55.2300 ZAR
ORD Sale 179 53.5500 ZAR
ORD Sale 179 53.9500 ZAR
ORD Sale 181 55.1500 ZAR
ORD Sale 190 53.6200 ZAR
ORD Sale 191 54.3500 ZAR
ORD Sale 192 54.3900 ZAR
ORD Sale 246 55.4000 ZAR
ORD Sale 250 54.0000 ZAR
ORD Sale 304 54.2800 ZAR
ORD Sale 347 55.8700 ZAR
ORD Sale 359 53.2500 ZAR
ORD Sale 360 54.9400 ZAR
ORD Sale 366 53.2200 ZAR
ORD Sale 461 54.0100 ZAR
ORD Sale 571 55.0900 ZAR
ORD Sale 621 54.0200 ZAR
ORD Sale 652 53.4200 ZAR
ORD Sale 740 54.2700 ZAR
ORD Sale 818 54.0500 ZAR
ORD Sale 1,000 55.3100 ZAR
ORD Sale 1,128 54.2200 ZAR
ORD Sale 1,420 53.5300 ZAR
ORD Sale 1,744 54.9000 ZAR
ORD Sale 1,788 53.9400 ZAR
ORD Sale 1,909 4.7432 GBP
ORD Sale 2,018 53.9900 ZAR
ORD Sale 2,146 53.8000 ZAR
ORD Sale 2,201 54.1200 ZAR
ORD Sale 2,526 4.8300 GBP
ORD Sale 3,155 54.1000 ZAR
ORD Sale 3,179 53.5800 ZAR
ORD Sale 3,485 53.6400 ZAR
ORD Sale 3,518 54.0300 ZAR
ORD Sale 4,303 54.9200 ZAR
ORD Sale 5,105 4.7015 GBP
ORD Sale 5,427 53.7400 ZAR
ORD Sale 5,853 54.1400 ZAR
ORD Sale 6,000 54.7800 ZAR
ORD Sale 6,000 54.9100 ZAR
ORD Sale 6,866 53.7000 ZAR
ORD Sale 7,295 55.1600 ZAR
ORD Sale 7,404 53.5000 ZAR
ORD Sale 8,542 53.7500 ZAR
ORD Sale 10,328 53.8500 ZAR
ORD Sale 10,742 53.4000 ZAR
ORD Sale 10,913 4.8001 GBP
ORD Sale 11,470 4.6968 GBP
ORD Sale 12,197 4.9267 GBP
ORD Sale 18,607 4.7721 GBP
ORD Sale 20,061 4.7334 GBP
ORD Sale 34,034 4.7881 GBP
ORD Sale 558,833 4.7831 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 918 55.3640 ZAR
ORD CFD Long 1,909 4.7432 GBP
ORD CFD Long 2,526 4.8300 GBP
ORD CFD Long 2,955 54.1152 ZAR
ORD CFD Long 5,105 4.7015 GBP
ORD CFD Long 12,197 4.9267 GBP
ORD CFD Long 20,061 4.7334 GBP
ORD CFD Long 48,606 53.8723 ZAR
ORD CFD Long 55,751 54.1451 ZAR
ORD CFD Long 558,833 4.7831 GBP
ORD CFD Long 741,697 54.0439 ZAR
ORD CFD Short 2,199 4.8353 GBP
ORD CFD Short 6,763 54.3226 ZAR
ORD CFD Short 6,787 4.9056 GBP
ORD CFD Short 11,470 4.6972 GBP
ORD CFD Short 108,230 54.0364 ZAR
ORD CFD Short 182,888 54.0822 ZAR
ORD CFD Short 249,600 54.5031 ZAR
ORD CFD Short 302,446 53.6343 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: 21 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 Options Purchased 19,400 47.3000 American 16 Sep 2010
ORD Put Options Written -19,400 59.1300 American 16 Sep 2010
ORD Call Options Purchased 19,400 68.0000 American 16 Sep 2010
ORD Put Options Purchased 1,234,600 52.0000 American 16 Sep 2010
ORD Call Options Purchased 471,300 54.0000 American 17 Sep 2010
ORD Call Options 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: