Form 8 (DD) - Investec plc

RNS Number : 1800N

Investec PLC

07 June 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

FORM 8 (DD)

PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)

Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Identity of the party to the offer or person acting in concert making the disclosure:	INVESTEC PLC - Investec Bank Plc, Investec Securities Ltd and Investec Asset Management (Pty) Ltd)
(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:      Use a separate form for each offeror/offeree	INVESTEC PLC
(d) Status of person making the disclosure:      e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree)	OFFEROR
(e) Date dealing undertaken:	04/06/2010
(f)  Has the party previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	YES - 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

Class of relevant security:	0.02p ordinary
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	43,053,532	9.1236
(2) Derivatives (other than options):
(3) Options and agreements to purchase/sell:	527,100	0.1117	4,160,500	0.8817
TOTAL:	43,580,632	9.2353	4,160,500	0.8817

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).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities (including directors' and other executive options)

Class of relevant security in relation to which subscription right exists:	0.02p ordinary
Details, including nature of the rights concerned and relevant percentages:	1,643,900 staff share options

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 BY THE PERSON MAKING THE DISCLOSURE

(a)        Purchases and sales

Class of relevant security	Purchase/sale		Price per unit
0.02p ordinary	Investec Bank Plc Purchase Sale Sale Sale Sale Sale Investec Securities Ltd 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 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 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 Sale Sale Sale Sale Sale Sale Sale Sale 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 Investec Asset Management (Pty) Ltd Purchase	1,890 315 425 781 299 70 165,000 1,009 844 3,624 844 844 175 771 1,000 2,000 1,000 100 993 489 1,400 600 1,000 1,000 600 1,000 600 1,000 1,492 1,000 1,427 989 1,800 700 1,000 300 400 650 600 400 654 1,663 300 600 300 4,248 2,000 800 395 1,200 100 200 1,533 1,468 389 1,913 2,000 1,900 300 600 134 364 400 300 300 1,000 1,000 2,600 400 1,688 1,688 2,000 300 400 910 850 400 3,956 581 2,000 600 1,000 20 300 20 300 1,000 2,600 300 1,425 20 2,327 1,687 590 1,970 1,892 2,528 4,666 300 1,226 2,600 600 2,600 856 1,000 600 2,400 300 300 838 980 400 600 300 400 400 400 87 2,350 2,000 860 325 3,920 2,600 20 2,600 775 775 400 600 300 400 556 400 400 814 300 300 871 354 2,127 1,231 817 200 942 4,329 1,685 842 300 1,230 163 862 94 600 1,000 300 20 2,416 2,000 1,375 300 1,314 300 600 2,116 6,485 2,316 15,000 2,146 2,316 100,000 600 1,000 5,000 1,073 780 3,028 1,500 700 34,462 2,000 5,700 50,000 550 2,073 11,927 708 4,300 2,900 8,070 4,730 186 118 407 1,073 1,073 1,073 1,073 1,073 1,073 165,000 1,073 1,073 1,073 894 294 894 600 1,073 894 1,073 1,073 1,073 3,700	£4.883 £4.883 £4.883 £4.883 £4.883 £4.885 £4.802 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.800 £4.801 £4.801 £4.801 £4.801 £4.801 £4.801 £4.801 £4.801 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.802 £4.803 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.804 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.805 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.806 £4.807 £4.807 £4.808 £4.809 £4.809 £4.810 £4.810 £4.810 £4.810 £4.810 £4.810 £4.810 £4.810 £4.812 £4.812 £4.812 £4.812 £4.812 £4.812 £4.813 £4.813 £4.813 £4.813 £4.814 £4.814 £4.830 £4.830 £4.830 £4.830 £4.831 £4.835 ZAR 53.84 ZAR 53.89 ZAR 53.90 ZAR 53.90 ZAR 53.99 ZAR 54.00 ZAR 54.00 ZAR 54.00 ZAR 54.04 ZAR 54.05 ZAR 54.10 ZAR 54.11 ZAR 54.13 ZAR 54.14 ZAR 54.15 ZAR 54.16 ZAR 54.18 ZAR 54.20 ZAR 54.21 ZAR 54.38 ZAR 54.41 ZAR 55.00 ZAR 55.06 ZAR 55.08 ZAR 55.09 ZAR 55.10 ZAR 55.13 ZAR 55.85 ZAR 55.91 ZAR 56.00 ZAR 56.18 ZAR 53.90 ZAR 53.92 ZAR 53.96 ZAR 53.97 ZAR 54.05 ZAR 54.15 ZAR 54.18 ZAR 54.20 ZAR 54.24 ZAR 54.88 ZAR 54.92 ZAR 55.00 ZAR 55.02 ZAR 55.14 ZAR 55.24 ZAR 55.39 ZAR 55.55 ZAR 54.96

(b)        Derivatives transactions (other than options)

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit

(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying

Class of relevant security	Product description e.g. call option	Writing, purchasing, selling, varying etc.	Number of securities to which option relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date	Option money paid/ received per unit
0.02p ordinary	Futures	Purchasing	27,900		European	17/06/2010

(ii)        Exercising

Class of relevant security	Product description e.g. call option	Number of securities	Exercise price per unit

(d)        Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

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 party to the offer or person acting in concert making the disclosure and any other person: 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 party to the offer or person acting in concert 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

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	YES
Supplemental Form 8 (SBL)	NO

Date of disclosure:	07/06/2010
Contact name:	DAVID BURFOOT
Telephone number:	0207 597 4394

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 [e-mail].  The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

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 person whose open positions are being disclosed:	INVESTEC SECURITIES LTD
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	INVESTEC PLC

2.         OPTIONS AND DERIVATIVES

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
0.02p ordinary	Call Option	Purchased	452,100	58 Rand	American	17/06/2010
0.02p ordinary	Call Option	Written	17,600	54 Rand	American	17/06/2010
0.02p ordinary	Call Option	Written	75,000	80 Rand	European	15/10/2010
0.02p ordinary	Put Option	Written	75,000	80 Rand	European	15/10/2010
0.02p ordinary	Futures	Written	269,100		European	17/06/2010
0.02p ordinary	Futures	Written	101,000		European	16/09/2010
0.02p ordinary	Futures	Written	1,865,800		European	15/12/2010
0.02p ordinary	Futures	Written	360,100		European	17/03/2011
0.02p ordinary	Futures	Written	1,471,900		European	17/06/2010

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 [phone].

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

 

END

 

 

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