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INL/INP Investec Limited/Investec plc - Investec plc and The Evolution Group
Plc Offer Update - Approval from the Securities and Futures Commission of
Hong Kong
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
(jointly "Investec")
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.
Accordingly, we advise of the following:
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION
13 December 2011
Investec plc ("Investec") and The Evolution Group Plc ("Evolution")
Offer Update - Approval from the Securities and Futures Commission of Hong
Kong
Investec and Evolution are pleased to announce that the Securities and
Futures Commission of Hong Kong has today given its approval for the Offer
pursuant to section 132 of the Securities and Futures Ordinance. The
condition to implementation of the Scheme relating to such approval having
been obtained has now been satisfied.
The Scheme remains subject to the satisfaction of certain other conditions,
including the approval of the FSA, Central Bank of Ireland and the sanction
of the Court.
As announced earlier today, the Court hearing to sanction the Scheme and
confirm the Capital Reduction was adjourned and is now scheduled for 21
December 2011.
Capitalised terms in this announcement have the same meanings as set out in
the Scheme Document.
Enquiries:
Evolution
Alex Snow +44 (20) 7071 4300
Investec
Ursula Nobrega +44 (20) 7597 5546
Stephen Koseff
Bernard Kantor
Credit Suisse (Financial Adviser to
Evolution)
George Maddison +44 (20) 7888 8888
Joe Hannon
Investec Investment Banking (Financial
Adviser and Joint Corporate Broker to
Investec)
David Currie +44 (20) 7597 5970
Christopher Baird
James Ireland
Pelham Bell Pottinger (Financial PR to
Evolution)
Victoria Geoghegan +44 (20) 7861 392
Citigate Dewe Rogerson (Financial PR to
Investec)
Tom Baldock +44 (20) 7638 9571
Justin Griffiths
Credit Suisse, which is authorised and regulated in the UK by the Financial
Services Authority, is acting exclusively for Evolution and no one else in
connection with the Offer and this announcement and will not be responsible
to anyone other than Evolution for providing the protections afforded to
clients of Credit Suisse or for providing advice in connection with the
Offer or any matter referred to herein.
Investec Investment Banking, a division of Investec Bank plc, which is
authorised and regulated in the UK by the Financial Services Authority, is
acting for Investec and no one else in connection with the Offer and this
announcement and will not be responsible to anyone other than Investec for
providing the protections afforded to clients of Investec Investment Banking
or for providing advice in connection with the Offer or any matter referred
to herein.
This announcement is for information purposes only and does not constitute
an offer to sell or an invitation to purchase any securities or the
solicitation of an offer to buy any securities, pursuant to the Offer or
otherwise. This announcement has been prepared for the purpose of complying
with English law and the City Code and the information disclosed may not be
the same as that which would have been disclosed if this announcement had
been prepared in accordance with the laws of jurisdictions outside the
United Kingdom.
The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law. Persons who are not resident in the
United Kingdom or who are subject to other jurisdictions should inform
themselves of, and observe, any applicable requirements.
The availability of the Offer to Evolution Shareholders who are not resident
in the United Kingdom may be affected by the laws of the relevant
jurisdictions in which they are resident. Persons who are not resident in
the United Kingdom should inform themselves of, and observe, any applicable
requirements. Further details in relation to overseas shareholders will be
contained in the Scheme Document.
The Offer relates to the shares in an English company and is proposed to be
made by means of a scheme of arrangement provided for under company law of
the United Kingdom. The scheme of arrangement will relate to the shares of a
UK company that is a `foreign private issuer` as defined under Rule 3b-4
under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
A transaction effected by means of a scheme of arrangement is not subject to
the proxy and tender offer rules under the Exchange Act. Accordingly, the
Offer is subject to the disclosure requirements and practices applicable in
the UK to schemes of arrangement, which differ from the disclosure
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/NO
Date: 8 December 2011
Contact name: Jenny Brown
Telephone number: 020 7002 7323
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.
Sponsor:
Merrill Lynch SA (Pty) Limited
Date: 08/12/2011 17:30:02 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.
About Platmin
Platmin explores for, develops and operates platinum group metals ("PGM")
deposits in South Africa. The Company`s principal current focus is the
Pilanesberg Platinum Mine, which is building up to full production. In
addition, the Company holds platinum interests on the eastern limb of the
Bushveld Complex. Platinum`s long term goal is to become a significant
producer of PGMs.
For further information:
Craig Shaw
Chief Financial Officer
+27 12 661 4280
Charmane Russell
Russell & Associates
+27 11 880 3924
+27 82 372 5816
Sponsor: Investec Bank Limited
Date: 05/12/2011 16:00:03 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,
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