Rule 8.1- (Investec plc)

RNS Number : 1803K

Investec PLC

14 April 2010

 

Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL ISIN: ZAE000081949

Investec plc Incorporated in England and Wales Registration number 3633621 JSE share code: INP ISIN: GB00B17BBQ50

Disclosure in accordance with Rule 8.1 of the UK City Code on Takeovers and Mergers (the "City Code")

As part of the dual listed company ("DLC") structure, disclosures made pursuant to requirements applicable to the London Stock Exchange or the JSE Limited are released on both exchanges.

We therefore advise of the following in accordance with Rule 8.1 of the City Code:

                                                                                                                                                FORM 8.1                                                                 

DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES

FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS

(Rules 8.1(a) and (b)(i) of the City Code on Takeovers and Mergers)

1.         KEY INFORMATION

Name of person dealing (Note 1)	INVESTEC PLC (DEALINGS BY INVESTEC BANK PLC & INVESTEC SECURITIES LTD)
Company dealt in	INVESTEC PLC
Class of relevant security to which the dealings being disclosed relate (Note 2)	ORDINARY SHARES
Date of dealing	13 APRIL 2010

2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)        Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)

	Long		Short
	Number	(%)	Number	(%)
(1) Relevant securities	45,504,826	9.6919	0	0.0000
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell	527,100	0.1119	4,193,700	0.8902
Total	46,031,926	9.7709	4,193,700	0.8902

(b)  Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)

Class of relevant security: INVESTEC LTD ORDINARY SHARES	Long		Short
	Number	(%)	Number	(%)
(1) Relevant securities	20,697,740	8.2187	0	0.0000
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell	0	0.00	88,900	0.0353
Total	20,697,740	8.2187	88,900	0.0353

(c)        Rights to subscribe (Note 3)

Class of relevant security: Ordinary shares  GBP0.0002	Details
1,643,900	Staff share options

3.         DEALINGS (Note 4)

(a)        Purchases and sales

Purchase/sale	Number of securities	Price per unit (Note 5)
INVESTEC BANK PLC Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale INVESTEC SECURITIES LTD Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Purchase Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale Sale	4000 4000 910 3090 1533 2467 1002 2000 998 2533 610 857 557 500 2943 4000 4000 820 3180 1000 500 500 2000 1206 910 1748 136 670 3330 2551 1449 1461 2539 7500 182 43 675 4282 908 1669 2423 1746 1670 430 349 805 195 361 235 3006 1203 2721 1279 4000 10 258 909 2823 1299 2167 534 2500 7500 2500 2000 42 100 10000 3000 10000 376 759 1365 142 528 38 415 500 500 6 400 1185 500 501 285 96000 480 500 500 520 500 1875 1406 450 393 1808 1568 679 606 1955 715 1045 182 2611 773 558 558 5000 465 555 1217 867 500 3000 1100 438 1362 173 3000 465 1,070 714 1,000 1,070 96,000 290 2,140 1,070 300 150 738 48,000 388 694 26,368 2,000 352 601 679 20,000 100	541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542.5p 542.5p 542.5p 542.5p 543p 544p 544p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.5p 541.93p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542p 542.5p 542.5p 542.5p 542.5p 542.5p 542.5p 542.5p 542.5p 542.5p 542.5p 543p 544p 544p 544p 544p 544p 544p 544p 544p 544p 544p 544p 544p ZAR 60.82 ZAR 60.83 ZAR 60.85 ZAR 60.86 ZAR 60.95 ZAR 61.00 ZAR 61.00 ZAR 61.06 ZAR 61.10 ZAR 91.20 ZAR 60.83 ZAR 60.85 ZAR 60.89 ZAR 60.89 ZAR 61.00 ZAR 61.00 ZAR 61.01 ZAR 61.03 ZAR 61.04 ZAR 61.10 ZAR 91.02

 (b)       Derivatives transactions (other than options)

Product name, e.g. CFD	Long/short (Note 6)	Number of securities (Note 7)	Price per unit (Note 5)

(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying

Product name, e.g. call option	Writing, selling,  purchasing, varying etc.	Number of securities to which the option relates (Note 7)	Exercise price	Type, e.g. American, European etc.	Expiry date	Option money paid/received per unit (Note 5)

(ii)        Exercising

Product name, e.g. call option	Number of securities	Exercise price per unit (Note 5)

(d)        Other dealings (including new securities) (Note 4)

Nature of transaction (Note 8)	Details	Price per unit (if applicable) (Note 5)

4.         OTHER INFORMATION

Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.  If none, this should be stated.

Is a Supplemental Form 8 attached? (Note 9)                                                 YES

Date of disclosure	14/04/2010
Contact name	DAVID BURFOOT
Telephone number	020 7597 4394
Name of offeree/offeror with which associated	INVESTEC PLC
Specify category and nature of associate status (Note 10)	OFFEROR

SUPPLEMENTAL FORM 8

DETAILS OF OPEN POSITIONS

(This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as appropriate)

OPEN POSITIONS (Note 1)

Product name, e.g. call option	Written or purchased	Number of securities to which the option or derivative relates	Exercise price (Note 2)	Type, e.g. American, European etc.	Expiry date
Call Options	Purchased	452,100	58Rand	American	17/06/2010
Call Options	Written	17,600	54Rand	American	17/06/2010
Call Options	Written	75,000	80Rand	European	15/10/2010
Put Options	Written	75,000	80Rand	European	15/10/2010
Futures	Written	269,100		European	17/06/2010
Futures	Written	101,000		European	16/09/2010
Futures	Written	1,865,800		European	15/12/2010
Futures	Written	360,100		European	17/03/2011
Futures	Written	1,505,100		European	17/06/2010

Notes

1. Where there are open option positions or open derivative positions (except for CFDs), full details should be given.  Full details of any  existing agreements to purchase or to sell  should also be given on this form.  

2. For all prices and other monetary amounts, the currency must be stated.

For details of the Code's dealing disclosure requirements, see Rule 8 and its Notes which can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk

 

END

 

 

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