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: 11 June 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: 3,426,979 0.73% 2,246,633 0.48%
(2) Derivatives
(other
than options): 1,973,416 0.42% 96,183 0.02%
(3) Options and
agreements to
purchase/sell: 2,285,500 0.48% 1,514,000 0.32%
TOTAL: 7,685,895 1.63% 3,856,816 0.82%
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 21 54.8400 ZAR
ORD Purchase 100 55.6600 ZAR
ORD Purchase 120 54.7900 ZAR
ORD Purchase 137 55.2300 ZAR
ORD Purchase 179 54.4300 ZAR
ORD Purchase 183 54.8900 ZAR
ORD Purchase 200 55.8100 ZAR
ORD Purchase 250 54.2400 ZAR
ORD Purchase 250 54.5600 ZAR
ORD Purchase 305 4.8330 GBP
ORD Purchase 357 54.6000 ZAR
ORD Purchase 358 54.6700 ZAR
ORD Purchase 364 54.3400 ZAR
ORD Purchase 387 54.7400 ZAR
ORD Purchase 458 4.8667 GBP
ORD Purchase 458 4.8690 GBP
ORD Purchase 476 54.7300 ZAR
ORD Purchase 500 4.9215 GBP
ORD Purchase 670 54.0500 ZAR
ORD Purchase 680 54.9000 ZAR
ORD Purchase 700 53.9300 ZAR
ORD Purchase 716 54.9500 ZAR
ORD Purchase 773 54.9100 ZAR
ORD Purchase 845 55.3000 ZAR
ORD Purchase 894 54.6500 ZAR
ORD Purchase 899 54.8100 ZAR
ORD Purchase 900 55.2800 ZAR
ORD Purchase 1,060 55.7900 ZAR
ORD Purchase 1,073 54.2600 ZAR
ORD Purchase 1,144 54.0100 ZAR
ORD Purchase 1,168 54.8600 ZAR
ORD Purchase 1,307 4.8753 GBP
ORD Purchase 1,332 4.9314 GBP
ORD Purchase 1,438 54.9300 ZAR
ORD Purchase 1,552 55.8000 ZAR
ORD Purchase 1,700 4.8380 GBP
ORD Purchase 1,861 54.1000 ZAR
ORD Purchase 2,200 55.5900 ZAR
ORD Purchase 2,700 55.0300 ZAR
ORD Purchase 2,958 55.1700 ZAR
ORD Purchase 3,000 55.6200 ZAR
ORD Purchase 3,002 54.8000 ZAR
ORD Purchase 4,043 4.8222 GBP
ORD Purchase 6,720 55.0000 ZAR
ORD Purchase 8,260 4.8685 GBP
ORD Purchase 10,906 4.8346 GBP
ORD Purchase 11,968 53.9600 ZAR
ORD Purchase 16,640 4.8398 GBP
ORD Purchase 19,423 4.8373 GBP
ORD Purchase 21,551 4.8877 GBP
ORD Purchase 29,509 4.8627 GBP
ORD Purchase 74,795 4.8784 GBP
ORD Purchase 76,627 4.8796 GBP
ORD Purchase 129,534 4.8515 GBP
ORD Sale 1 54.3400 ZAR
ORD Sale 32 54.0100 ZAR
ORD Sale 37 54.4700 ZAR
ORD Sale 38 54.7300 ZAR
ORD Sale 84 53.8600 ZAR
ORD Sale 100 55.1400 ZAR
ORD Sale 100 55.6600 ZAR
ORD Sale 137 55.2300 ZAR
ORD Sale 179 54.3100 ZAR
ORD Sale 179 54.3700 ZAR
ORD Sale 180 54.0600 ZAR
ORD Sale 180 54.3600 ZAR
ORD Sale 180 54.7400 ZAR
ORD Sale 183 54.8900 ZAR
ORD Sale 183 54.9900 ZAR
ORD Sale 183 55.1500 ZAR
ORD Sale 232 54.3200 ZAR
ORD Sale 250 54.2400 ZAR
ORD Sale 269 54.1800 ZAR
ORD Sale 270 55.1000 ZAR
ORD Sale 295 54.8500 ZAR
ORD Sale 300 54.2500 ZAR
ORD Sale 306 54.1700 ZAR
ORD Sale 319 54.0400 ZAR
ORD Sale 364 55.1200 ZAR
ORD Sale 365 54.8600 ZAR
ORD Sale 368 54.7200 ZAR
ORD Sale 380 54.8400 ZAR
ORD Sale 383 55.1800 ZAR
ORD Sale 408 54.3000 ZAR
ORD Sale 443 55.0800 ZAR
ORD Sale 458 4.8690 GBP
ORD Sale 549 55.1100 ZAR
ORD Sale 569 54.5300 ZAR
ORD Sale 573 53.9700 ZAR
ORD Sale 607 55.0600 ZAR
ORD Sale 649 54.5700 ZAR
ORD Sale 720 54.7500 ZAR
ORD Sale 726 54.7900 ZAR
ORD Sale 750 54.0700 ZAR
ORD Sale 807 54.9300 ZAR
ORD Sale 815 4.8714 GBP
ORD Sale 815 54.6100 ZAR
ORD Sale 868 54.6000 ZAR
ORD Sale 900 55.2800 ZAR
ORD Sale 917 55.2000 ZAR
ORD Sale 940 55.4600 ZAR
ORD Sale 988 54.9700 ZAR
ORD Sale 999 54.5500 ZAR
ORD Sale 1,000 54.4400 ZAR
ORD Sale 1,000 54.6700 ZAR
ORD Sale 1,020 54.4500 ZAR
ORD Sale 1,023 54.8300 ZAR
ORD Sale 1,047 55.1600 ZAR
ORD Sale 1,084 54.8800 ZAR
ORD Sale 1,104 54.0000 ZAR
ORD Sale 1,180 54.5400 ZAR
ORD Sale 1,184 54.9000 ZAR
ORD Sale 1,251 55.0500 ZAR
ORD Sale 1,283 54.5200 ZAR
ORD Sale 1,286 54.3300 ZAR
ORD Sale 1,360 54.7600 ZAR
ORD Sale 1,384 54.9800 ZAR
ORD Sale 1,407 54.4100 ZAR
ORD Sale 1,428 4.9289 GBP
ORD Sale 1,533 54.8200 ZAR
ORD Sale 1,675 55.0100 ZAR
ORD Sale 1,878 54.9400 ZAR
ORD Sale 1,984 54.9500 ZAR
ORD Sale 2,000 55.4500 ZAR
ORD Sale 2,096 54.5100 ZAR
ORD Sale 2,249 4.7919 GBP
ORD Sale 2,358 54.8100 ZAR
ORD Sale 2,634 54.8000 ZAR
ORD Sale 2,859 54.9200 ZAR
ORD Sale 2,900 54.4900 ZAR
ORD Sale 3,000 55.7400 ZAR
ORD Sale 3,036 54.4200 ZAR
ORD Sale 3,355 4.8240 GBP
ORD Sale 3,407 55.0200 ZAR
ORD Sale 3,560 55.1700 ZAR
ORD Sale 3,670 55.0000 ZAR
ORD Sale 4,026 4.8522 GBP
ORD Sale 4,295 54.4000 ZAR
ORD Sale 4,302 55.0400 ZAR
ORD Sale 4,733 54.4600 ZAR
ORD Sale 4,834 54.6400 ZAR
ORD Sale 5,208 54.5600 ZAR
ORD Sale 5,415 54.4300 ZAR
ORD Sale 5,469 53.9600 ZAR
ORD Sale 6,141 4.9344 GBP
ORD Sale 7,192 54.9100 ZAR
ORD Sale 7,250 54.5000 ZAR
ORD Sale 8,390 54.0200 ZAR
ORD Sale 9,105 4.8680 GBP
ORD Sale 12,161 54.6500 ZAR
ORD Sale 16,308 54.2600 ZAR
ORD Sale 20,725 4.8322 GBP
ORD Sale 31,880 55.0300 ZAR
ORD Sale 32,754 4.8337 GBP
ORD Sale 70,486 4.8749 GBP
ORD Sale 76,627 4.8796 GBP
ORD Sale 79,390 4.8422 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 437 54.4505 ZAR
ORD CFD Long 815 4.8714 GBP
ORD CFD Long 1,428 4.9289 GBP
ORD CFD Long 5,537 55.2178 ZAR
ORD CFD Long 25,269 54.4915 ZAR
ORD CFD Long 32,754 4.8337 GBP
ORD CFD Long 52,460 54.5747 ZAR
ORD CFD Long 79,390 4.8421 GBP
ORD CFD Long 91,904 54.6175 ZAR
ORD CFD Short 1,700 4.8380 GBP
ORD CFD Short 1,810 54.9820 ZAR
ORD CFD Short 8,260 4.8685 GBP
ORD CFD Short 10,906 4.8346 GBP
ORD CFD Short 21,551 4.8877 GBP
ORD CFD Short 29,509 4.8627 GBP
ORD CFD Short 32,255 55.1452 ZAR
ORD CFD Short 57,839 54.2969 ZAR
ORD CFD Short 83,703 54.5957 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? YES
Date of disclosure: 14 Jun 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:
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 +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.