Form 8.5 (EPT/NON-RI) Glencore International Plc

Form 8.5 (EPT/NON-RI) Glencore International Plc

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RI”) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a)	Name of exempt principal trader:	Â	Barclays Capital Securities Ltd
(b)	Name of offeror/offeree in relation to whose		GLENCORE INTL PLC
Â	relevant securities this form relates:		Â
(c)	Name of the party to the offer with which exempt		Advisor to Offeree
Â	principal trader is connected		Â
(d)	Date position held/dealing undertaken:		26 March 2012
(e)	Has the EPT previously disclosed, or is it		YES:
	today disclosing, under the Code in respect
Â	of any other party to this offer?		XSTRATA PLC

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:	Â	Â	ORD	Â	Â	Â	Â	Â	Â
			Interests		Â		Short Positions		Â
Â	Â		Number		(%)		Number		(%)
(1)	Relevant securities owned
	and/or controlled:		1,935,849		0.03%		9,012,582		0.13%
Â	Â		Â		Â		Â		Â
(2)	Derivatives (other than
	options):		7,400,297		0.11%		1,141,507		0.02%
Â	Â		Â		Â		Â		Â
(3)	Options and agreements to
	purchase/sell:		250,000		0.00%		2,250,000		0.03%
Â	Â		Â		Â		Â		Â
(4)	TOTAL:		9,586,146		0.14%		12,404,089		0.18%

Class of relevant security:	Â	Â	Convertible Bond	Â	Â	Â	Â	Â	Â
			Interests		Â		Short Positions		Â
Â	Â		Number		(%)		Number		(%)
(1)	Relevant securities owned
	and/or controlled:		1,800,000		0.08%		0		0.00%
Â	Â		Â		Â		Â		Â
(2)	Derivatives (other than
	options):		0		0.00%		0		0.00%
Â	Â		Â		Â		Â		Â
(3)	Options and agreements to
	purchase/sell:		0		0.00%		0		0.00%
Â	Â		Â		Â		Â		Â
(4)	TOTAL:
			1,800,000		0.08%		0		0.00%

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:	Â
Details, including nature of the rights concerned and relevant percentages:	Â

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(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant	Â	Purchase/sale	Â	Number of	Â	Price per unit
security		Â		securities		Â
ORD		Purchase		1,600		49.6000 HKD
ORD		Purchase		2,000		49.4500 HKD
ORD		Sale		100		50.1500 HKD
ORD		Sale		200		50.1000 HKD
ORD		Sale		400		49.5000 HKD
ORD		Sale		1,600		49.6000 HKD
ORD		Sale		3,100		49.9500 HKD
ORD		Sale		3,700		50.2000 HKD
ORD		Sale		4,100		49.5500 HKD
ORD		Sale		4,500		49.8000 HKD
ORD		Sale		6,200		49.8500 HKD
ORD		Sale		10,200		49.6500 HKD
ORD		Sale		11,900		49.7000 HKD
ORD		Sale		24,400		50.0000 HKD
ORD		Sale		33,400		49.9000 HKD
ORD		Purchase		82		4.0005 GBP
ORD		Purchase		995		4.0518 GBP
ORD		Purchase		1,013		4.0133 GBP
ORD		Purchase		1,285		4.0252 GBP
ORD		Purchase		2,000		4.0420 GBP
ORD		Purchase		4,099		4.0172 GBP
ORD		Purchase		4,509		4.0210 GBP
ORD		Purchase		8,920		4.0359 GBP
ORD		Purchase		42,483		4.0293 GBP
ORD		Purchase		48,084		4.0100 GBP
ORD		Purchase		64,111		4.0230 GBP
ORD		Purchase		99,200		49.8549 HKD
ORD		Purchase		111,044		4.0207 GBP
ORD		Purchase		125,000		4.0121 GBP
ORD		Purchase		222,754		4.0127 GBP
ORD		Sale		82		4.0006 GBP
ORD		Sale		88		4.0044 GBP
ORD		Sale		149		4.0131 GBP
ORD		Sale		300		49.5193 HKD
ORD		Sale		500		4.0415 GBP
ORD		Sale		1,000		4.0497 GBP
ORD		Sale		2,500		4.0376 GBP
ORD		Sale		4,934		4.0206 GBP
ORD		Sale		6,306		4.0193 GBP
ORD		Sale		8,262		4.0223 GBP
ORD		Sale		11,509		4.0342 GBP
ORD		Sale		15,982		4.0270 GBP
ORD		Sale		21,322		4.0320 GBP
ORD		Sale		22,666		4.0262 GBP
ORD		Sale		23,796		4.0274 GBP
ORD		Sale		42,920		3.9975 GBP
ORD		Sale		173,627		4.0258 GBP
ORD		Sale		257,225		4.0093 GBP

(b) Derivatives transactions (other than options)

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		CFD		Long		300		49.5193 HKD
ORD		CFD		Long		3,170		4.0095 GBP
ORD		CFD		Long		4,499		4.0379 GBP
ORD		CFD		Long		4,600		49.9421 HKD
ORD		CFD		Long		7,624		4.0377 GBP
ORD		CFD		Long		8,662		4.0437 GBP
ORD		CFD		Long		15,982		4.0270 GBP
ORD		CFD		Short		1,600		49.6627 HKD
ORD		CFD		Short		2,000		49.5125 HKD
ORD		CFD		Short		3,299		4.0017 GBP
ORD		CFD		Short		4,099		4.0172 GBP
ORD		CFD		Short		4,500		4.0492 GBP
ORD		CFD		Short		5,699		4.0054 GBP
ORD		CFD		Short		5,999		4.0503 GBP
ORD		CFD		Short		136,867		4.0095 GBP
ORD		CFD		Short		225,691		4.0121 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercising

Class of relevant security

Â

Product description e.g. call option

Â

Number of securities

Â

Exercise price per unit

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

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

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(b), 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 exempt principal trader 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 exempt principal trader 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?

Â

YES

Date of disclosure:	Â	27 Mar 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 7116 2913

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.

143221.01

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of the person whose positions/dealings	Â	Barclays Capital Securities Ltd
are being disclosed:		Â
Name of offeror/offeree in relation to whose		GLENCORE INTL PLC
relevant securities this from relates:		Â

2. OPTIONS AND DERIVATIVES

Class

Â

Product

Â

Writing,

Â

Number

Â

Exercise

Â

Type

Â

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

Â

Â

Â

relates

Â

Â

Â

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Put Options

Purchased

250,000

4.4000

American

28 Mar 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

28 Mar 2012

ORD

Call Options

Written

-250,000

4.6000

American

28 Mar 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

28 Mar 2012

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

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

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.