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

15 May 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: 33,709,870 1.48% 40,029,786 1.76%
(2) Cash-settled derivatives: 11,070,928 0.49% 32,761 0.00%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 0 0.00% 0 0.00%


44,780,798 1.97% 40,062,547 1.76%

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 209 12.2200 ZAR
Ordinary NPV Purchase 238 12.2800 ZAR
Ordinary NPV Purchase 503 12.2100 ZAR
Ordinary NPV Purchase 599 12.2700 ZAR
Ordinary NPV Purchase 625 12.2500 ZAR
Ordinary NPV Purchase 1086 11.7600 ZAR
Ordinary NPV Purchase 2403 12.1400 ZAR
Ordinary NPV Purchase 2781 12.1900 ZAR
Ordinary NPV Purchase 3300 11.7800 ZAR
Ordinary NPV Purchase 3305 12.2000 ZAR
Ordinary NPV Purchase 3515 12.0700 ZAR
Ordinary NPV Purchase 3640 12.2300 ZAR
Ordinary NPV Purchase 3789 11.8900 ZAR
Ordinary NPV Purchase 4000 11.8700 ZAR
Ordinary NPV Purchase 4700 11.8000 ZAR
Ordinary NPV Purchase 5662 11.7700 ZAR
Ordinary NPV Purchase 6368 12.1300 ZAR
Ordinary NPV Purchase 6386 12.0800 ZAR
Ordinary NPV Purchase 8251 12.0200 ZAR
Ordinary NPV Purchase 8300 12.0100 ZAR
Ordinary NPV Purchase 9106 12.1500 ZAR
Ordinary NPV Purchase 10056 12.1600 ZAR
Ordinary NPV Purchase 10301 12.1200 ZAR
Ordinary NPV Purchase 12035 12.0500 ZAR
Ordinary NPV Purchase 15630 11.8300 ZAR
Ordinary NPV Purchase 17054 11.8100 ZAR
Ordinary NPV Purchase 19067 11.8600 ZAR
Ordinary NPV Purchase 19242 11.9200 ZAR
Ordinary NPV Purchase 19310 11.7900 ZAR
Ordinary NPV Purchase 27694 12.0300 ZAR
Ordinary NPV Purchase 32521 12.1100 ZAR
Ordinary NPV Purchase 35442 12.0900 ZAR
Ordinary NPV Purchase 37675 12.1000 ZAR
Ordinary NPV Purchase 41543 12.0600 ZAR
Ordinary NPV Purchase 48094 11.9100 ZAR
Ordinary NPV Purchase 49889 11.9300 ZAR
Ordinary NPV Purchase 61359 11.9000 ZAR
Ordinary NPV Purchase 62069 11.8400 ZAR
Ordinary NPV Purchase 63728 12.0000 ZAR
Ordinary NPV Purchase 65031 11.9700 ZAR
Ordinary NPV Purchase 76851 11.8200 ZAR
Ordinary NPV Purchase 80408 11.9900 ZAR
Ordinary NPV Purchase 86805 12.0400 ZAR
Ordinary NPV Purchase 99561 11.9400 ZAR
Ordinary NPV Purchase 100167 11.9800 ZAR
Ordinary NPV Purchase 125070 11.9600 ZAR
Ordinary NPV Purchase 142691 11.9500 ZAR
Ordinary NPV Purchase 171667 11.8500 ZAR
Ordinary NPV Sale 198949 11.9452 ZAR
Ordinary NPV Sale 81286 11.9500 ZAR
Ordinary NPV Sale 53227 11.9800 ZAR
Ordinary NPV Sale 43326 12.0100 ZAR
Ordinary NPV Sale 33282 12.0500 ZAR
Ordinary NPV Sale 17634 11.9900 ZAR
Ordinary NPV Sale 16246 11.9400 ZAR
Ordinary NPV Sale 13504 11.8600 ZAR
Ordinary NPV Sale 8936 12.0000 ZAR
Ordinary NPV Sale 7865 11.9700 ZAR
Ordinary NPV Sale 4652 11.9000 ZAR
Ordinary NPV Sale 3011 12.0700 ZAR
Ordinary NPV Sale 83 11.7700 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:   15 May 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: 668936
Time of Receipt (offset from UTC): 20190516T151500+0100


Absa Group Limited


Absa Group Limited