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: 24 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: 3,048,475 0.65% 2,465,669 0.52%
(2) Derivatives
(other
than options): 1,467,968 0.31% 905,243 0.19%
(3) Options and
agreements to
purchase/sell: 2,285,500 0.49% 1,514,000 0.32%
TOTAL: 6,801,943 1.44% 4,884,912 1.04%
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 60 53.1600 ZAR
ORD Purchase 95 52.7300 ZAR
ORD Purchase 107 53.1400 ZAR
ORD Purchase 176 53.0500 ZAR
ORD Purchase 213 52.7200 ZAR
ORD Purchase 261 52.9600 ZAR
ORD Purchase 273 53.4800 ZAR
ORD Purchase 409 52.7100 ZAR
ORD Purchase 517 53.1500 ZAR
ORD Purchase 615 53.3200 ZAR
ORD Purchase 659 52.9200 ZAR
ORD Purchase 665 53.3400 ZAR
ORD Purchase 703 53.4100 ZAR
ORD Purchase 742 52.6400 ZAR
ORD Purchase 898 53.2800 ZAR
ORD Purchase 935 52.8800 ZAR
ORD Purchase 1,000 52.9800 ZAR
ORD Purchase 1,000 53.0700 ZAR
ORD Purchase 1,000 53.0900 ZAR
ORD Purchase 1,000 53.5000 ZAR
ORD Purchase 1,175 52.8100 ZAR
ORD Purchase 1,268 52.7000 ZAR
ORD Purchase 1,321 53.6500 ZAR
ORD Purchase 1,359 53.2000 ZAR
ORD Purchase 1,363 53.3800 ZAR
ORD Purchase 1,436 53.4200 ZAR
ORD Purchase 1,460 53.1100 ZAR
ORD Purchase 1,537 53.3900 ZAR
ORD Purchase 1,603 53.2500 ZAR
ORD Purchase 1,752 53.0200 ZAR
ORD Purchase 1,760 52.7500 ZAR
ORD Purchase 1,832 52.8000 ZAR
ORD Purchase 2,000 53.1700 ZAR
ORD Purchase 2,009 52.9100 ZAR
ORD Purchase 2,016 53.3100 ZAR
ORD Purchase 2,085 4.7010 GBP
ORD Purchase 2,107 53.1000 ZAR
ORD Purchase 2,217 52.9900 ZAR
ORD Purchase 2,235 53.2700 ZAR
ORD Purchase 2,326 53.1300 ZAR
ORD Purchase 2,332 4.7228 GBP
ORD Purchase 2,487 52.9300 ZAR
ORD Purchase 2,514 52.8700 ZAR
ORD Purchase 2,546 53.0300 ZAR
ORD Purchase 2,556 53.0600 ZAR
ORD Purchase 2,692 53.3300 ZAR
ORD Purchase 2,793 53.0800 ZAR
ORD Purchase 2,993 52.6500 ZAR
ORD Purchase 3,110 52.8200 ZAR
ORD Purchase 3,147 53.2400 ZAR
ORD Purchase 3,159 52.7800 ZAR
ORD Purchase 4,194 53.0400 ZAR
ORD Purchase 4,560 52.9000 ZAR
ORD Purchase 4,634 52.8500 ZAR
ORD Purchase 5,275 53.3000 ZAR
ORD Purchase 5,625 53.2900 ZAR
ORD Purchase 6,077 52.9700 ZAR
ORD Purchase 7,432 4.6982 GBP
ORD Purchase 8,004 4.7113 GBP
ORD Purchase 10,357 53.3500 ZAR
ORD Purchase 11,971 53.0000 ZAR
ORD Purchase 15,325 4.7215 GBP
ORD Purchase 18,483 4.7337 GBP
ORD Purchase 239,257 4.7052 GBP
ORD Sale 139 52.8500 ZAR
ORD Sale 251 52.8700 ZAR
ORD Sale 286 53.7500 ZAR
ORD Sale 300 52.9700 ZAR
ORD Sale 321 53.2000 ZAR
ORD Sale 417 53.7300 ZAR
ORD Sale 495 53.4300 ZAR
ORD Sale 515 53.6600 ZAR
ORD Sale 608 52.9300 ZAR
ORD Sale 665 53.8000 ZAR
ORD Sale 715 53.3200 ZAR
ORD Sale 800 4.7240 GBP
ORD Sale 876 4.7311 GBP
ORD Sale 985 53.4200 ZAR
ORD Sale 1,000 53.2400 ZAR
ORD Sale 1,276 53.1400 ZAR
ORD Sale 1,485 53.6800 ZAR
ORD Sale 1,492 4.7253 GBP
ORD Sale 1,565 53.1200 ZAR
ORD Sale 1,659 53.1300 ZAR
ORD Sale 1,767 53.3300 ZAR
ORD Sale 2,107 52.8900 ZAR
ORD Sale 2,458 53.3800 ZAR
ORD Sale 2,505 53.6500 ZAR
ORD Sale 2,872 53.3400 ZAR
ORD Sale 5,000 53.1500 ZAR
ORD Sale 5,033 53.3600 ZAR
ORD Sale 5,572 4.6962 GBP
ORD Sale 6,243 53.0000 ZAR
ORD Sale 7,709 53.3500 ZAR
ORD Sale 7,985 53.2900 ZAR
ORD Sale 8,881 4.6831 GBP
ORD Sale 10,813 53.4000 ZAR
ORD Sale 13,177 4.6953 GBP
ORD Sale 13,790 4.7262 GBP
ORD Sale 15,316 53.3100 ZAR
ORD Sale 22,000 53.5000 ZAR
ORD Sale 24,168 53.3000 ZAR
ORD Sale 25,292 4.6780 GBP
ORD Sale 25,608 4.6746 GBP
ORD Sale 285,057 4.7006 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 800 4.7240 GBP
ORD CFD Long 1,000 53.2187 ZAR
ORD CFD Long 7,316 53.1087 ZAR
ORD CFD Long 8,881 4.6831 GBP
ORD CFD Long 25,292 4.6780 GBP
ORD CFD Long 25,608 4.6746 GBP
ORD CFD Long 37,466 53.2658 ZAR
ORD CFD Long 65,510 53.1340 ZAR
ORD CFD Long 230,376 53.1667 ZAR
ORD CFD Short 2,218 53.1142 ZAR
ORD CFD Short 18,483 4.7337 GBP
ORD CFD Short 30,875 53.2653 ZAR
ORD CFD Short 32,417 53.0189 ZAR
ORD CFD Short 239,257 4.7052 GBP
ORD CFD Short 276,158 53.1742 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: 25 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 Purchased 540,800 16 Sep 2010
ORD Futures Selling -260,000 17 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: