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: 21 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: 3,350,563 0.71% 1,488,098 0.32%
(2) Derivatives
(other
than options): 1,906,450 0.40% 0 0.00%
(3) Options and
agreements to
purchase/sell: 2,285,500 0.49% 1,514,000 0.32%
TOTAL: 7,542,513 1.60% 3,002,098 0.64%
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 12 52.7200 ZAR
ORD Purchase 30 52.0600 ZAR
ORD Purchase 38 53.4000 ZAR
ORD Purchase 113 53.5700 ZAR
ORD Purchase 180 52.5200 ZAR
ORD Purchase 180 53.6400 ZAR
ORD Purchase 181 52.2200 ZAR
ORD Purchase 181 53.4600 ZAR
ORD Purchase 201 53.2700 ZAR
ORD Purchase 245 52.1600 ZAR
ORD Purchase 268 52.3100 ZAR
ORD Purchase 294 53.6700 ZAR
ORD Purchase 295 4.6000 GBP
ORD Purchase 300 53.2400 ZAR
ORD Purchase 392 52.5000 ZAR
ORD Purchase 402 52.8400 ZAR
ORD Purchase 486 52.1800 ZAR
ORD Purchase 504 52.5600 ZAR
ORD Purchase 538 51.8200 ZAR
ORD Purchase 621 53.6000 ZAR
ORD Purchase 685 52.2900 ZAR
ORD Purchase 813 52.7500 ZAR
ORD Purchase 894 52.0800 ZAR
ORD Purchase 894 53.5100 ZAR
ORD Purchase 938 52.3500 ZAR
ORD Purchase 1,000 51.9500 ZAR
ORD Purchase 1,000 53.6100 ZAR
ORD Purchase 1,038 53.2800 ZAR
ORD Purchase 1,096 52.4300 ZAR
ORD Purchase 1,225 52.1300 ZAR
ORD Purchase 1,230 52.1500 ZAR
ORD Purchase 1,330 51.8100 ZAR
ORD Purchase 1,342 52.6800 ZAR
ORD Purchase 1,374 51.8600 ZAR
ORD Purchase 1,399 53.2300 ZAR
ORD Purchase 1,492 52.6000 ZAR
ORD Purchase 1,516 53.3200 ZAR
ORD Purchase 1,639 53.2000 ZAR
ORD Purchase 2,000 51.8500 ZAR
ORD Purchase 2,000 53.4200 ZAR
ORD Purchase 2,061 53.2500 ZAR
ORD Purchase 2,144 51.8700 ZAR
ORD Purchase 2,253 53.0900 ZAR
ORD Purchase 2,373 52.4100 ZAR
ORD Purchase 2,431 52.0300 ZAR
ORD Purchase 2,536 52.2100 ZAR
ORD Purchase 2,587 52.2600 ZAR
ORD Purchase 2,600 4.5825 GBP
ORD Purchase 2,887 52.0900 ZAR
ORD Purchase 2,897 53.1300 ZAR
ORD Purchase 3,000 53.0000 ZAR
ORD Purchase 3,000 53.4300 ZAR
ORD Purchase 3,024 4.6712 GBP
ORD Purchase 3,064 53.4100 ZAR
ORD Purchase 3,200 53.6200 ZAR
ORD Purchase 3,317 52.0500 ZAR
ORD Purchase 3,435 4.6452 GBP
ORD Purchase 3,675 52.3600 ZAR
ORD Purchase 3,760 4.5832 GBP
ORD Purchase 3,803 52.0100 ZAR
ORD Purchase 3,900 52.6100 ZAR
ORD Purchase 3,945 52.1000 ZAR
ORD Purchase 3,958 52.3800 ZAR
ORD Purchase 4,003 52.1700 ZAR
ORD Purchase 4,097 53.4700 ZAR
ORD Purchase 4,316 53.5400 ZAR
ORD Purchase 4,369 52.3200 ZAR
ORD Purchase 4,649 52.2400 ZAR
ORD Purchase 5,000 53.7200 ZAR
ORD Purchase 5,004 52.4200 ZAR
ORD Purchase 5,290 53.4800 ZAR
ORD Purchase 5,335 52.3900 ZAR
ORD Purchase 5,410 52.3400 ZAR
ORD Purchase 6,605 52.2800 ZAR
ORD Purchase 7,062 52.2500 ZAR
ORD Purchase 7,329 52.2300 ZAR
ORD Purchase 7,434 53.2600 ZAR
ORD Purchase 8,008 52.5900 ZAR
ORD Purchase 8,087 52.2000 ZAR
ORD Purchase 9,129 4.5850 GBP
ORD Purchase 9,389 4.6213 GBP
ORD Purchase 10,732 52.2700 ZAR
ORD Purchase 10,913 53.5500 ZAR
ORD Purchase 11,141 4.6220 GBP
ORD Purchase 11,141 4.6224 GBP
ORD Purchase 11,359 4.6665 GBP
ORD Purchase 11,969 52.0200 ZAR
ORD Purchase 12,272 4.6032 GBP
ORD Purchase 12,445 52.1400 ZAR
ORD Purchase 15,978 53.5000 ZAR
ORD Purchase 16,609 52.0000 ZAR
ORD Purchase 21,479 52.3000 ZAR
ORD Purchase 23,311 4.5979 GBP
ORD Purchase 23,916 4.6880 GBP
ORD Purchase 30,168 4.6621 GBP
ORD Purchase 46,846 4.6228 GBP
ORD Purchase 69,117 4.7265 GBP
ORD Purchase 156,440 4.6274 GBP
ORD Sale 85 52.0300 ZAR
ORD Sale 100 52.5400 ZAR
ORD Sale 154 52.6800 ZAR
ORD Sale 160 53.3400 ZAR
ORD Sale 179 52.7200 ZAR
ORD Sale 179 53.2000 ZAR
ORD Sale 180 52.2200 ZAR
ORD Sale 180 52.5200 ZAR
ORD Sale 180 53.0200 ZAR
ORD Sale 180 53.4200 ZAR
ORD Sale 180 53.5500 ZAR
ORD Sale 181 52.2100 ZAR
ORD Sale 181 53.4900 ZAR
ORD Sale 183 51.8900 ZAR
ORD Sale 200 53.0800 ZAR
ORD Sale 200 53.5200 ZAR
ORD Sale 210 52.9000 ZAR
ORD Sale 251 52.3300 ZAR
ORD Sale 288 4.6433 GBP
ORD Sale 295 4.6000 GBP
ORD Sale 295 4.6032 GBP
ORD Sale 300 52.1600 ZAR
ORD Sale 329 51.9600 ZAR
ORD Sale 330 51.8100 ZAR
ORD Sale 360 53.2700 ZAR
ORD Sale 365 53.6700 ZAR
ORD Sale 373 52.5700 ZAR
ORD Sale 399 52.0700 ZAR
ORD Sale 400 52.2500 ZAR
ORD Sale 410 51.9100 ZAR
ORD Sale 440 52.5500 ZAR
ORD Sale 466 52.5300 ZAR
ORD Sale 479 52.2700 ZAR
ORD Sale 500 53.2500 ZAR
ORD Sale 501 4.5720 GBP
ORD Sale 523 53.4300 ZAR
ORD Sale 537 51.9700 ZAR
ORD Sale 572 51.9800 ZAR
ORD Sale 580 52.3200 ZAR
ORD Sale 604 53.4400 ZAR
ORD Sale 612 52.7500 ZAR
ORD Sale 613 53.5600 ZAR
ORD Sale 670 51.8500 ZAR
ORD Sale 715 53.3700 ZAR
ORD Sale 800 52.7000 ZAR
ORD Sale 800 53.1300 ZAR
ORD Sale 811 51.7000 ZAR
ORD Sale 856 4.5630 GBP
ORD Sale 900 53.3800 ZAR
ORD Sale 909 53.4700 ZAR
ORD Sale 1,008 52.3100 ZAR
ORD Sale 1,024 52.2300 ZAR
ORD Sale 1,026 53.4100 ZAR
ORD Sale 1,038 53.2800 ZAR
ORD Sale 1,050 52.2600 ZAR
ORD Sale 1,128 4.6922 GBP
ORD Sale 1,179 51.8600 ZAR
ORD Sale 1,253 53.6400 ZAR
ORD Sale 1,316 53.1000 ZAR
ORD Sale 1,333 52.6500 ZAR
ORD Sale 1,767 52.1000 ZAR
ORD Sale 1,800 53.1100 ZAR
ORD Sale 1,800 53.6100 ZAR
ORD Sale 2,000 53.6500 ZAR
ORD Sale 2,004 52.1900 ZAR
ORD Sale 2,052 52.0100 ZAR
ORD Sale 2,105 53.6200 ZAR
ORD Sale 2,211 52.3400 ZAR
ORD Sale 2,237 52.0000 ZAR
ORD Sale 2,440 51.9000 ZAR
ORD Sale 2,835 51.8000 ZAR
ORD Sale 2,840 53.3600 ZAR
ORD Sale 2,919 4.6630 GBP
ORD Sale 3,143 53.6000 ZAR
ORD Sale 3,209 53.5400 ZAR
ORD Sale 3,259 4.5701 GBP
ORD Sale 3,410 53.5000 ZAR
ORD Sale 3,516 52.3500 ZAR
ORD Sale 4,023 52.3000 ZAR
ORD Sale 4,215 53.3000 ZAR
ORD Sale 4,762 52.1700 ZAR
ORD Sale 5,389 52.3900 ZAR
ORD Sale 5,974 53.5300 ZAR
ORD Sale 7,000 53.2200 ZAR
ORD Sale 7,110 52.2000 ZAR
ORD Sale 7,647 53.1700 ZAR
ORD Sale 8,180 53.4800 ZAR
ORD Sale 8,354 53.2300 ZAR
ORD Sale 11,141 4.6220 GBP
ORD Sale 11,211 4.5747 GBP
ORD Sale 11,359 4.6670 GBP
ORD Sale 13,011 4.6501 GBP
ORD Sale 14,819 53.1600 ZAR
ORD Sale 14,853 53.1500 ZAR
ORD Sale 15,278 4.6511 GBP
ORD Sale 16,641 4.6277 GBP
ORD Sale 18,695 4.6060 GBP
ORD Sale 22,546 53.2600 ZAR
ORD Sale 32,208 4.5996 GBP
ORD Sale 97,483 4.5871 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 288 4.6433 GBP
ORD CFD Long 484 52.0421 ZAR
ORD CFD Long 1,128 4.6921 GBP
ORD CFD Long 2,919 4.6630 GBP
ORD CFD Long 4,916 53.0227 ZAR
ORD CFD Long 9,611 52.5943 ZAR
ORD CFD Long 11,211 4.5747 GBP
ORD CFD Long 16,641 4.6277 GBP
ORD CFD Long 58,957 53.4226 ZAR
ORD CFD Long 97,483 4.5871 GBP
ORD CFD Long 143,600 53.0764 ZAR
ORD CFD Long 154,796 52.8794 ZAR
ORD CFD Short 2,600 4.5825 GBP
ORD CFD Short 3,024 4.6712 GBP
ORD CFD Short 11,141 4.6224 GBP
ORD CFD Short 13,860 52.3175 ZAR
ORD CFD Short 16,253 53.2947 ZAR
ORD CFD Short 23,916 4.6880 GBP
ORD CFD Short 30,168 4.6621 GBP
ORD CFD Short 41,339 52.7308 ZAR
ORD CFD Short 83,344 52.9728 ZAR
ORD CFD Short 156,440 4.6274 GBP
ORD CFD Short 217,568 53.1467 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: 24 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 Jun 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: