Rule 8.1- (Investec PLC)
Investec PLC
11 June 2007
Investec Limited Investec plc
Incorporated in the Republic of South Africa Incorporated in England and Wales
Registration number 1925/002833/06 Registration number 3633621
JSE share code: INL JSE share code: INP
ISIN: ZAE000081949 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 (UK
) LTD, INVESTEC SECURITIES LTD, HARGREAVE
HALE LTD)
Company dealt in INVESTEC PLC
Class of relevant security to which ORDINARY SHARES GBP0.0002
the dealings being disclosed relate
(Note 2)
Date of dealing 8 JUNE 2007
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 18,135,250 4.80% 502,533 0.13%
(2) Derivatives (other than options)
(3) Options and agreements to
purchase/sell 165,800 0.04% 167,300 0.04%
Total 18,301,050 4.84% 669,833 0.18%
(b) Interests and short positions in relevant securities of the company, other
than the class dealt in (Note 3)
Class of relevant security: Long Short
INVESTEC LTD ORD ZAR0.0002
Number (%) Number (%)
(1) Relevant securities 35,867,834 16.46%
(2) Derivatives (other than options)
(3) Options and agreements to
purchase/sell 2,135,300 0.98% 4,646,494 2.13%
Total 38,003,134 17.44% 4,646,494 2.13%
(c) Rights to subscribe (Note 3)
Class of relevant security: Details
Ordinary shares GBP0.0002
2,666,130 Staff share options
3. DEALINGS (Note 4)
(a) Purchases and sales
Purchase/sale Number of securities Price per unit (Note 5)
HARGREAVE HALE LTD 1,500 659p
Sale 85,060 644.2969p
INVESTEC SECURITIES LTD 5,000 639p
Purchase 10,192 640p
Sale 10,000 640.5p
Sale 4,808 641p
Sale 10,000 642p
Sale 9,025 642.5p
Sale 975 643p
Sale 2,752 643.5p
Sale 2,248 647p
Sale 5,000 647.5p
Sale 16,665 650p
Sale 60 651p
Sale 5,000 654.5p
Sale 3,335 655p
Sale 1,638 9175Rand
Sale 25,000 92.00Rand
Purchase 10,000 92.00Rand
Purchase 1,000 92.00Rand
Purchase 5,000 92.04Rand
Purchase 1,700 92.20Rand
Purchase 13,300 92.25Rand
Purchase 5,000 92.50Rand
Purchase 60 92.78Rand
Purchase 1,569 92.80Rand
Purchase 3,431 92.95Rand
Purchase 2,000 92.99Rand
Purchase 18,000 93.00Rand
Purchase 82 93.00Rand
Purchase 14 93.00Rand
Purchase 10,000 93.60Rand
Purchase 1,000 93.65Rand
Purchase 85,060 92.55Rand
Purchase 1,107 93.00Rand
Sale 108 93.00Rand
Sake 280 93.09Rand
Sale 280 93.25Rand
Sale 500 94.00Rand
Sale 300 94.03Rand
Sale 1,000 94.10Rand
Sale 250 640p
Sale 200 648.5p
INVESTEC BANK (UK) LTD 825 654p
Purchase 1,130 654.5p
Purchase 2,805 656.1447
Purchase 3,500 656.5p
Purchase 4,500 657p
Purchase 600 659.08p
Purchase 250 640p
Purchase 200 648.5p
Purchase 1,333 649p
Sale 5,551 650p
Sale 6,278 650.5p
Sale 9,588 651p
Sale 2,254 651.5p
Sale 22,448 652p
Sale 7,650 652.5p
Sale 5,000 653p
Sale 22,072 653.5p
Sale 12,024 654p
Sale 19,002 654.5p
Sale 2,375 656.5
Sale 4,500 657p
Sale 1,504 658p
Sale 500 659p
Sale 100 659.5p
Sale
Sale
Sale
(b) Derivatives transactions (other than options)
Product Long/short (Note Number of securities (Note Price per unit (Note
name, 6) 7) 5)
e.g. CFD
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product Writing, Number of Exercise Type, e.g. Expiry Option
name, selling, securities to American, money
purchasing, which the option European
varying etc. relates (Note 7) etc.
e.g. price date paid/
call received
option per unit
(Note 5)
Futures
due Purchasing 13,100 European 21/06/
21/06/ 07
07
Futures
due Writing 10,000 European 20/09/
20/09/ 07
07
(ii) Exercising
Product name, e.g. call Number of Exercise price per unit (Note
option securities 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 11/06/2007
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 Written Number of securities to Exercise Type, e.g. Expiry
name, or which the option or price (Note American, date
purchased derivative relates 2) European etc.
e.g.
call
option
Put Written 82,900 96.50Rand American 20/09/
Options 2007
Call Purchased 82,900 106.15Rand American 20/09/
Options 2007
Put Purchased 82,900 90.54Rand American 20/09/
Options 2007
Futures Written 39,000 European 20/09/
2007
Futures Written 25,900 European 21/06/
2007
Futures Written 19,500 European 20/09/
2007
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
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