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INL/INP - Investec Limited / Investec plc - Form 8 (DD)

Release Date: 12/08/2011 13:21
Code(s): INL INP
Wrap Text

INL/INP - Investec Limited / Investec plc - Form 8 (DD) Investec Limited Incorporated in the Republic of South Africa Registration number 1925/002833/06 JSE share code: INL ISIN: ZAE000081949 (jointly "Investec") Investec plc Incorporated in England and Wales Registration number 3633621 JSE share code: INP ISIN: GB00B17BBQ50 As part of the dual listed company structure, Investec plc and Investec Limited notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure, Transparency and Listing Rules of the United Kingdom Listing Authority (the "UKLA") and/or the JSE Listing Requirements. 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") As announced on 15 May, 2003, Investec Limited entered into various black economic empowerment transactions (the "BEE Transaction") as part of their commitment to broadening both the ownership and representative components of black economic empowerment. In 2003 the BEE Transaction required financing arrangements that facilitated the purchase of Investec Limited ordinary shares. This was an eight year transaction which has matured and some of the parties to the BEE Transaction have agreed to a refinancing of these arrangements which results in various transactions in relation to both Investec Limited and Investec plc ordinary shares. After the conclusion of this refinancing, the Entrepreneurship Development Trust will hold 23,001,108 Investec Limited ordinary shares (shareholding as at 31 March 2011: 14,000,000) and Tiso INL Investments 1 (Pty) Limited (a 100% held company by Kagiso Tiso Holdings Limited) will hold 7,062,635 Investec Limited ordinary shares (shareholding as at 31 March 2011: 14,000,000) and Peu INL Investments 1 (Pty) Limited (a 100% held company by Peu Group Limited) will hold zero Investec Limited ordinary shares (shareholding as at 31 March 2011: 5,555,555). The Form 8 DD announcement set out below includes specific details of these transactions arising from the refinancing. 1. KEY INFORMATION (a) Identity of the party to the offer or INVESTEC BANK PLC / person acting in concert making the disclosure:INVESTEC 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 INVESTEC PLC whose relevant securities this form relates: Use a separate form for each offeror/offeree (d) Status of person making the disclosure: OFFEROR e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree) (e) Date dealing undertaken: 11/08/2011 (f) Has the party previously disclosed, or isYES - INVESTEC LTD it today disclosing, under the Code in respect of any other party to this offer' (g) 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: 29,320,872 5.4055 (2) Derivatives (other than options):
(3) Options and agreements to purchase/sell: -4,648,084 0.8569
TOTAL: 29,320,872 5.4055 -4,648,084 0.8569 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: 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 BY THE PERSON MAKING THE DISCLOSURE (a) Purchases and sales Class of Purchase/sale Number of Price per unit relevant securities ZAR (Cents) security Ordinary Purchase 201 4524
Purchase 942 4532 Purchase 1251 4536
Purchase 944 4540 Purchase 2692 4542
Purchase 428 4543 Purchase 2956 4549
Purchase 1683 4550 Purchase 1252 4551
Purchase 5125 4552 Purchase 2081 4553
Purchase 1248 4554 Purchase 160 4555
Purchase 7417 4556 Purchase 827 4557
Purchase 2356 4557 Purchase 339 4559
Purchase 794 4560 Purchase 378 4561
Purchase 766 4563 Purchase 1572 4564
Purchase 1657 4565 Purchase 5422 4566
Purchase 3868 4567 Purchase 242 4568
Purchase 6316 4569 Purchase 4445 4570
Purchase 393 4571 Purchase 4500 4573
Purchase 1069 4574 Purchase 3254 4575
Purchase 1 4576 Purchase 1588 4577
Purchase 1899 4579 Purchase 18290 4580
Purchase 1264 4581 Purchase 2531 4582
Purchase 4685 4584 Purchase 760 4585
Purchase 477 4586 Purchase 1544 4587
Purchase 844 4588 Purchase 444 4589
Purchase 400 4590 Purchase 1000 4590
Purchase 5660 4591 Purchase 1 4592
Purchase 44 4593 Purchase 3480 4594
Purchase 827 4595 Purchase 3681 4595
Purchase 730 4596 Purchase 269 4597
Purchase 790 4599 Purchase 827 4600
Purchase 5658 4600 Purchase 4373 4601
Purchase 2677 4602 Purchase 5626 4603
Purchase 12444 4604 Purchase 21620 4605
Purchase 429 4606 Purchase 2130 4608
Purchase 5873 4609 Purchase 10781 4610
Purchase 207 4613 Purchase 1624 4614
Purchase 8336 4615 Purchase 9881 4616
Purchase 200 4617 Purchase 2720 4617
Purchase 528 4618 Purchase 1654 4619
Purchase 12285 4619 Purchase 2581 4620
Purchase 827 4621 Purchase 1330 4621
Purchase 1724 4622 Purchase 1678 4623
Purchase 4057 4624 Purchase 19644 4625
Purchase 827 4626 Purchase 6219 4626
Purchase 3152 4627 Purchase 827 4628
Purchase 270 4628 Purchase 1000 4629
Purchase 3596 4630 Purchase 464 4631
Purchase 1843 4632 Purchase 3152 4632
Purchase 2207 4633 Purchase 5425 4634
Purchase 3152 4634 Purchase 8051 4635
Purchase 4533 4638 Purchase 302 4639
Purchase 294 4640 Purchase 1906 4641
Purchase 3152 4641 Purchase 3056 4642
Purchase 464 4643 Purchase 827 4645
Purchase 3152 4646 Purchase 450 4648
Purchase 3043 4648 Purchase 6751 4649
Purchase 8420 4650 Purchase 3152 4650
Purchase 7399 4651 Purchase 2947 4652
Purchase 8099 4653 Purchase 3152 4653
Purchase 1611 4654 Purchase 4022 4662
Purchase 3382 4663 Purchase 249 4664
Purchase 1581 4668 Purchase 4816 4669
Purchase 1800 4674 Purchase 3152 4675
Purchase 4067 4676 Purchase 3300 4680
Purchase 1795 4689 Purchase 511 4693
Purchase 1000 4695 Purchase 1493 4699
Purchase 723 4747 Purchase 1078 4754
Purchase 119 4760 Purchase 914 4761
Purchase 1157 4762 Purchase 1000 4775
Purchase 25000 4775 Purchase 25474 4775
Sale 827 4559
Sale 37 4588 Sale 790 4589
Sale 827 4592 Sale 827 4601
Sale 303 4606 Sale 827 4614
Sale 827 4616 Sale 827 4621
Sale 827 4623 Sale 827 4625
Sale 827 4626 Sale 31 4628
Sale 791 4629 Sale 827 4631
Sale 1600 4650 Sale 616 4653
Sale 827 4675 Sale 827 4676
Sale 524 4678 Sale 303 4685
Sale 827 4701 Sale 827 4713
Sale 827 4714
(b) Derivatives transactions (other than options) Class of Product Nature of dealing Number of Price per relevant description e.g. opening/closing a reference unit security e.g. CFD long/short position, securities increasing/reducing a long/short position
(c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Class Product Writing, Number of Exercise Type Expiry Option of descr- purchasing, securities price e.g. date money rele- iption selling, to which per unit American, paid/ vant e.g. varying option European received secu- call etc. relates etc. per unit rity option (ii) Exercising Class of relevant Product Number of Exercise price per security description securities unit e.g. call option
(d) Other dealings (including subscribing for new securities) Class of Nature of dealing Details Price per unit (if relevant e.g. subscription, applicable) security 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 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" None. (c) Attachments Are any Supplemental Forms attached' Supplemental Form 8 (Open Positions) YES Supplemental Form 8 (SBL) NO Date of disclosure: 12/08/2011 Contact name: Gary Darch Telephone number: 0207 597 4549 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 person whose open positions are INVESTEC BANK PLC/LTD being disclosed: Name of offeror/offeree in relation to whose INVESTEC PLC relevant securities the disclosure relates: 2. OPTIONS AND DERIVATIVES Class of Product Written Number of Exercise Type Expiry relevant descripti or securities price e.g. date security on e.g. purchased to which per unit American, call option or European option derivative etc. relates 0.02p Put Purchased 4,760 ZAR 42 American 15/12/2011 ordinary Option 0.02p Call Purchased 1,000 ZAR 59 American 15/09/2011 ordinary Option 0.02p Put Purchased 50,000 ZAR 75 European 16/07/2012 ordinary Option 0.02p Call Purchased 25,000 ZAR 62 European 31/08/2011 ordinary Option 0.02p Put Written 25,000 ZAR 52 European 31/08/2011 ordinary Option 0.02p Call Written 50,000 ZAR 75 European 16/07/2012 ordinary Option 0.02p Futures Purchased 715 European 15/12/2011 ordinary 0.02p Futures Written 8,766 European 15/09/2011 ordinary 0.02p Put Written 25,000 ZAR 62 European 31/08/2011 ordinary Option 0.02p Call Purchased 25,000 ZAR 52 European 31/08/2011 ordinary Option 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. Date: 12/08/2011 13:21:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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