Form 8 (DD) - Investec Ltd (9452M)

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RNS Number : 9452M

Bank of America Merrill Lynch

24 August 2011

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    Bank of America Merrill Lynch 
     offer or person acting in concert 
     making the disclosure: 
--------------------------------------  -------------------------------------- 
     (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      Investec LTD 
     relation to whose relevant 
     securities this form relates: Use 
     a separate form for each 
     offeror/offeree 
--------------------------------------  -------------------------------------- 
     (d) Status of person making the     Advisor to INVESTEC PLC AND INVESTEC 
     disclosure: e.g. offeror,           LTD 
     offeree, person acting in concert 
     with the offeror/offeree (specify 
     name of offeror/offeree) 
--------------------------------------  -------------------------------------- 
     (e) Date dealing undertaken:        23 August 2011 
--------------------------------------  -------------------------------------- 
     (f) Has the party previously        YES If YES, specify which: Investec 
     disclosed, or is it today           Ltd and Evolution Group PLC 
     disclosing, under the Code in 
     respect of any other party to 
     this offer? 
--------------------------------------  -------------------------------------- 
 

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: 
------------------------------------------  ---------------------------------- 
                                               Interests      Short positions 
------------------------------------------  --------------  ------------------ 
                                              Number    %     Number       % 
------------------------------------------  ---------  ---  ----------  ------ 
     (1) Relevant securities owned and/or controlled:        -193,785    0.07% 
----------------------------------------------------------  ----------  ------ 
     (2) Derivatives (other than options): 
------------------------------------------  ---------  ---  ----------  ------ 
     (3) Options and agreements to 
     purchase/sell: 
------------------------------------------  ---------  ---  ----------  ------ 
     TOTAL:                                                  -193,785    0.07% 
----------------------------------------------------------  ----------  ------ 
 

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 relevant      Purchase/sale      Number of        Price per unit 
        security                             securities            (ZAR) 
-----------------------  --------------  -----------------  ------------------ 
  Common - ZAE000081949    Purchase                  1,477         46.90 
  Common - ZAE000081949     Sale            1,046                   47.00 
  Common - ZAE000081949      Sale             584                   46.90 
  Common - ZAE000081949      Sale           1,046                   46.94 
  Common - ZAE000081949      Sale             462                   47.01 
  Common - ZAE000081949      Sale             114                   47.04 
  Common - ZAE000081949      Sale             114                   47.04 
  Common - ZAE000081949      Sale             742                   47.05 
  Common - ZAE000081949      Sale              76                   47.05 
  Common - ZAE000081949      Sale           1,046                   46.81 
  Common - ZAE000081949      Sale           1,046                   46.95 
  Common - ZAE000081949      Sale           1,046                   46.99 
  Common - ZAE000081949      Sale             234                   46.90 
  Common - ZAE000081949      Sale             812                   46.90 
  Common - ZAE000081949      Sale              46                   46.45 
  Common - ZAE000081949      Sale           1,000                   46.46 
  Common - ZAE000081949      Sale 
  Common - ZAE000081949      Sale 
-----------------------  --------------  -----------------  ------------------ 
 

(b) Derivatives transactions (other than options)

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

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

 
 Class of     Product      Writing,     Number of    Exercise   Type e.g.   Expiry    Option 
 relevant   description   purchasing,   securities    price     American,    date     money 
 security    e.g. call     selling,      to which      per      European              paid/ 
              option        varying       option       unit       etc.               received 
                             etc.        relates                                       per 
                                                                                       unit 
---------  ------------  ------------  -----------  ---------  ----------  -------  --------- 
 
 

(ii) Exercising

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

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

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

(c) Attachments

Are any Supplemental Forms attached?

 
 Supplemental Form 8 (Open Positions)   YES/NO 
-------------------------------------  ------- 
 Supplemental Form 8 (SBL)              YES/NO 
-------------------------------------  ------- 
 
 
 Date of disclosure:    24/08/2011 
---------------------  ----------------- 
 Contact name:          Doug Berwick 
---------------------  ----------------- 
 Telephone number:      [phone] 
---------------------  ----------------- 
 

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.

This information is provided by RNS

The company news service from the London Stock Exchange

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