Rule 8.1 -(Investec Limited)
|
Investec Limited |
Investec plc |
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 SECURITIES LTD) |
|
Company dealt in |
INVESTEC LTD |
Class of relevant security to which the dealings being disclosed relate (Note 2) |
ORDINARY SHARES |
Date of dealing |
15 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
|
20,692,913 |
8.2168 |
0 |
0.0000 |
|
(2) Derivatives (other than options)
|
|
|
|
|
|
(3) Options and agreements to purchase/sell
|
0 |
0.00 |
88,900 |
0.0353 |
|
Total
|
20,692,913 |
8.2168 |
88,900 |
0.0353 |
(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
|
Class of relevant security: INVESTEC PLC ORD GBP0.0002 |
Long |
Short |
||
|
|
Number |
(%) |
Number |
(%) |
|
(1) Relevant securities
|
45,155,395 |
9.6180 |
0 |
0.0000 |
|
(2) Derivatives (other than options)
|
|
|
|
|
|
(3) Options and agreements to purchase/sell
|
527,100 |
0.1119 |
4,196,800 |
0.8908 |
|
Total
|
45,682,495 |
9.6967 |
4,196,800 |
0.8908 |
(c) Rights to subscribe (Note 3)
Class of relevant security:Ordinary shares ZAR0.0002 |
Details |
|
|
|
5
3. DEALINGS (Note 4)
(a) Purchases and sales
|
Purchase/sale
INVESTEC SECURITIES LTD
|
Number of securities
|
Price per unit (Note 5)
|
(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 |
16/04/2010 |
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 |
Notes
The Notes on Form 8.1 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
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 Option |
Purchased |
1,000 |
40Rand |
European |
23/09/2010 |
|
Futures |
Written |
87,900 |
|
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
This information is provided by RNS
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