Sanlam Investment Management (Pty) Ltd
LSE : TIDM

May 20, 2010 07:25 ET

Form 8.3 - [Investec Limited]

                                                                                                             FORM 8.3

                     PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY 
             A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
                          Rule 8.3 of the Takeover Code (the "Code?")

1.   KEY INFORMATION

(a)     Identity of the person whose positions/dealings are being disclosed:    Sanlam Investment Management Pty 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                                                         Not applicable
(c)     Name of offeror/offeree in relation to whose relevant securities
        this form relates:  Use a separate form for each offeror/offeree        Investec Limited
(d)     If an exempt fund manager connected with an offeror/offeree, state
        this and specify identity of  offeror/offeree:                          Not applicable
(e)     Date position held/dealing undertaken:                                  19 May 2010
(f)     Has the discloser previously disclosed, or are they today disclosing,
        under the Code in respect of any other party to this offer?             YES
                                                                                If YES, specify which: Investec PLC

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 (if any)
              
Class of relevant security:                                            ZAR 0.02 ordinary

                                                             Interests             Short positions
                                                          Number       %       Number          %
(1)     Relevant securities owned and/or controlled:    5,714,444     2.2          
(2)     Derivatives (other than options):                       -       -           -          -
(3)     Options and agreements to purchase/sell:                -       -           -          -
     
     TOTAL:                                             5,714,444     2.2          


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).

(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 (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)     Purchases and sales

Class of relevant security     Purchase/sale     Number of securities     Price per unit
    
  ZAR 0.02 ordinary            Purchase          3,690                    5673

(b)     Derivatives transactions (other than options)

Class of relevant    Product              Nature of dealing        Number of reference         Price per unit
    security       description         e.g. opening/closing a           securities
                     e.g. CFD           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 price    Type e.g.    Expiry    Option money 
relevant   description    purchasing,    securities to      per unit       American,     date    paid/ received 
security    e.g. call       selling,       which option                    European etc.             per unit
              option      varying etc.       relates
                              
(ii)     Exercising                

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

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

Class of relevant security        Nature of dealing             Details        Price per unit (if applicable)
                             e.g. subscription, 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 person making the 
disclosure and any party to the offer or any person acting in concert with a party to the offer:If there are no such 
agreements, arrangements or understandings, state "none"
None

(b)     Agreements, arrangements or understandings relating to options or derivatives

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?
None

(c)     Attachments

Is a Supplemental Form 8 (Open Positions) attached?     NO


Date of disclosure:     20 May 2010
Contact name:           Nelize Jacobs
Telephone number:       +27 21 950 2690

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.

Contact Information

  • Sanlam Investment Management (Pty) Ltd