FORM 8.3



Rule 8.3 of the Takeover Code (the “Code”)


(a) Full name of discloser:   Absa Group Limited
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

18 April 2019
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state “N/A”





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.

(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:   USD 0.0001 ordinary


Interests   Short positions
  Number   % Number   %
(1) Relevant securities owned and/or controlled: 28,109,892 1.24% 34,879,632 1.54%
(2) Cash-settled derivatives: 12,007,556 0.53% 15,056 0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 0.00% 0 0.00%


40,117,448 1.77% 34,894,688 1.54%

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), 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 employee options)

Class of relevant security in relation to which subscription right exists:  
Details, including nature of the rights concerned and relevant percentages:  


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.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security   Purchase/sale   Number of securities   Price per unit
Ordinary NPV Purchase 691 14.3800 ZAR
Ordinary NPV Purchase 2746 14.1300 ZAR
Ordinary NPV Purchase 3142 14.4000 ZAR
Ordinary NPV Purchase 3355 14.0900 ZAR
Ordinary NPV Purchase 4542 14.0700 ZAR
Ordinary NPV Purchase 5069 14.1200 ZAR
Ordinary NPV Purchase 6096 14.4200 ZAR
Ordinary NPV Purchase 11056 14.3700 ZAR
Ordinary NPV Purchase 12000 14.3900 ZAR
Ordinary NPV Purchase 12309 14.5700 ZAR
Ordinary NPV Purchase 12691 14.6100 ZAR
Ordinary NPV Purchase 12873 14.1400 ZAR
Ordinary NPV Purchase 12979 14.1000 ZAR
Ordinary NPV Purchase 13895 14.1900 ZAR
Ordinary NPV Purchase 16109 14.2800 ZAR
Ordinary NPV Purchase 17269 14.1100 ZAR
Ordinary NPV Purchase 19195 14.1600 ZAR
Ordinary NPV Purchase 22347 14.2900 ZAR
Ordinary NPV Purchase 23787 14.1700 ZAR
Ordinary NPV Purchase 23971 14.1800 ZAR
Ordinary NPV Purchase 25515 14.2000 ZAR
Ordinary NPV Purchase 29966 14.3300 ZAR
Ordinary NPV Purchase 31287 14.2400 ZAR
Ordinary NPV Purchase 32001 14.2200 ZAR
Ordinary NPV Purchase 33201 14.3400 ZAR
Ordinary NPV Purchase 33576 14.2700 ZAR
Ordinary NPV Purchase 36537 14.0800 ZAR
Ordinary NPV Purchase 45313 14.3600 ZAR
Ordinary NPV Purchase 49640 14.1500 ZAR
Ordinary NPV Purchase 53238 14.3100 ZAR
Ordinary NPV Purchase 59626 14.3200 ZAR
Ordinary NPV Purchase 65708 14.2600 ZAR
Ordinary NPV Purchase 67705 14.2100 ZAR
Ordinary NPV Purchase 72287 14.1143 ZAR
Ordinary NPV Purchase 88832 14.3000 ZAR
Ordinary NPV Purchase 90449 14.2300 ZAR
Ordinary NPV Purchase 125065 14.3500 ZAR
Ordinary NPV Purchase 169494 14.2500 ZAR
Ordinary NPV Sale 792271 14.2582 ZAR
Ordinary NPV Sale 111876 14.2200 ZAR
Ordinary NPV Sale 74787 14.1800 ZAR
Ordinary NPV Sale 72287 14.1143 ZAR
Ordinary NPV Sale 72287 14.1143 ZAR
Ordinary NPV Sale 51541 14.2500 ZAR
Ordinary NPV Sale 42549 14.2300 ZAR
Ordinary NPV Sale 38060 14.1900 ZAR
Ordinary NPV Sale 34698 14.2600 ZAR
Ordinary NPV Sale 33432 14.2400 ZAR
Ordinary NPV Sale 31039 14.2100 ZAR
Ordinary NPV Sale 29794 14.2000 ZAR
Ordinary NPV Sale 24248 14.3000 ZAR
Ordinary NPV Sale 18011 14.2700 ZAR
Ordinary NPV Sale 18000 14.3600 ZAR
Ordinary NPV Sale 13857 14.1700 ZAR
Ordinary NPV Sale 12000 14.3900 ZAR
Ordinary NPV Sale 8100 14.2800 ZAR
Ordinary NPV Sale 6913 14.1600 ZAR
Ordinary NPV Sale 6085 14.3100 ZAR
Ordinary NPV Sale 5466 14.1400 ZAR
Ordinary NPV Sale 5036 14.1500 ZAR
Ordinary NPV Sale 4637 14.2900 ZAR
Ordinary NPV Sale 3921 14.1100 ZAR
Ordinary NPV Sale 3740 14.5400 ZAR
Ordinary NPV Sale 3591 14.3300 ZAR
Ordinary NPV Sale 3524 14.6300 ZAR
Ordinary NPV Sale 3073 14.3500 ZAR
Ordinary NPV Sale 3035 14.6400 ZAR
Ordinary NPV Sale 3026 14.5700 ZAR
Ordinary NPV Sale 2729 14.3400 ZAR
Ordinary NPV Sale 2636 14.5500 ZAR
Ordinary NPV Sale 2511 14.3200 ZAR
Ordinary NPV Sale 2261 14.1200 ZAR
Ordinary NPV Sale 2235 14.3700 ZAR
Ordinary NPV Sale 2153 14.6500 ZAR
Ordinary NPV Sale 1950 14.3800 ZAR
Ordinary NPV Sale 1539 14.5000 ZAR
Ordinary NPV Sale 1523 14.0800 ZAR
Ordinary NPV Sale 1487 14.1300 ZAR
Ordinary NPV Sale 1479 14.4000 ZAR
Ordinary NPV Sale 1165 14.1000 ZAR
Ordinary NPV Sale 876 14.5200 ZAR
Ordinary NPV Sale 821 14.5300 ZAR
Ordinary NPV Sale 808 14.0900 ZAR
Ordinary NPV Sale 739 14.4900 ZAR
Ordinary NPV Sale 317 14.5600 ZAR

(b) Cash-settled derivative transactions

Class of relevant security Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities Price per unit

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type

e.g. American, European etc.

Expiry date Option money paid/ received per unit

(ii) Exercise

Class of relevant security Product description

e.g. call option

Exercising/ exercised against Number of securities Exercise price per unit

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

Class of relevant security Nature of dealing

e.g. subscription, conversion

Details Price per unit (if applicable)


(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:

Irrevocable commitments and letters of intent should not be included. 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 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?   NO
Date of disclosure:   18 April 2019
Contact name: Large Holdings Regulatory Operations
Telephone number*: +27 11 846 4234

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

*If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

The Code can be viewed on the Panel’s website at

Short Name: Absa Group Limited
Category Code: RET
Sequence Number: 667691
Time of Receipt (offset from UTC): 20190423T151610+0100


Absa Group Limited


Absa Group Limited