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:   Barclays Capital Securities Ltd
(b) Name of offeror/offeree in relation to whose GLENCORE INTL PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeree
  principal trader is connected  
(d) Date position held/dealing undertaken: 28 March 2012
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect XSTRATA PLC
  of any other party to this offer?  

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:     ORD            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,090,815 0.02% 8,770,830 0.13%
           
(2) Derivatives (other than
options): 7,367,465 0.11% 406,000 0.01%
           
(3) Options and agreements to
purchase/sell: 250,000 0.00% 2,325,900 0.03%
           
(4) TOTAL:
8,708,280 0.13% 11,502,730 0.17%
Class of relevant security:     Convertible Bond            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,800,000 0.08% 0 0.00%
           
(2) Derivatives (other than
options): 0 0.00% 0 0.00%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(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:  
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(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   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 100 49.8500 HKD
ORD Purchase 455 6.1756 USD
ORD Purchase 1,000 3.9141 GBP
ORD Purchase 1,500 3.9580 GBP
ORD Purchase 2,100 49.5500 HKD
ORD Purchase 2,357 3.9386 GBP
ORD Purchase 3,832 3.9191 GBP
ORD Purchase 5,483 3.9204 GBP
ORD Purchase 6,535 3.9515 GBP
ORD Purchase 7,800 49.4083 HKD
ORD Purchase 11,006 3.9183 GBP
ORD Purchase 16,981 3.9619 GBP
ORD Purchase 21,419 3.9298 GBP
ORD Purchase 22,114 3.8925 GBP
ORD Purchase 29,256 3.9554 GBP
ORD Purchase 50,000 3.9802 GBP
ORD Purchase 138,085 3.9364 GBP
ORD Sale 100 49.2500 HKD
ORD Sale 100 49.7500 HKD
ORD Sale 100 49.8500 HKD
ORD Sale 150 3.8968 GBP
ORD Sale 200 6.1700 USD
ORD Sale 200 49.2000 HKD
ORD Sale 253 3.9508 GBP
ORD Sale 255 6.1800 USD
ORD Sale 300 3.9147 GBP
ORD Sale 400 3.9498 GBP
ORD Sale 414 3.9096 GBP
ORD Sale 478 3.9292 GBP
ORD Sale 510 3.9058 GBP
ORD Sale 750 3.9745 GBP
ORD Sale 900 49.1000 HKD
ORD Sale 1,061 3.9176 GBP
ORD Sale 1,500 49.5000 HKD
ORD Sale 2,100 49.3000 HKD
ORD Sale 2,407 3.9203 GBP
ORD Sale 3,000 49.5500 HKD
ORD Sale 4,200 3.9297 GBP
ORD Sale 4,465 3.9273 GBP
ORD Sale 5,484 3.9277 GBP
ORD Sale 7,753 3.9266 GBP
ORD Sale 10,811 3.9158 GBP
ORD Sale 23,900 3.9299 GBP
ORD Sale 39,509 3.9521 GBP
ORD Sale 64,993 3.9237 GBP
ORD Sale 98,793 3.9439 GBP
ORD Sale 150,000 3.9584 GBP
ORD Sale 225,802 3.9263 GBP
ORD Sale 300,000 3.9172 GBP
ORD (traded as ADR) Purchase 172 12.7500 USD
ORD (traded as ADR) Sale 172 12.7500 USD

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 1 3.9400 GBP
ORD CFD Long 5 3.9500 GBP
ORD CFD Long 24 3.9220 GBP
ORD CFD Long 100 49.6870 HKD
ORD CFD Long 120 3.9432 GBP
ORD CFD Long 157 3.9127 GBP
ORD CFD Long 157 3.9342 GBP
ORD CFD Long 158 3.8951 GBP
ORD CFD Long 380 3.9422 GBP
ORD CFD Long 444 3.8952 GBP
ORD CFD Long 469 3.8882 GBP
ORD CFD Long 599 3.9227 GBP
ORD CFD Long 715 3.9137 GBP
ORD CFD Long 1,277 3.9012 GBP
ORD CFD Long 1,813 3.9408 GBP
ORD CFD Long 1,834 3.9608 GBP
ORD CFD Long 1,845 3.9707 GBP
ORD CFD Long 5,196 3.9000 GBP
ORD CFD Long 17,645 3.9228 GBP
ORD CFD Long 67,822 3.9598 GBP
ORD CFD Long 150,000 3.9584 GBP
ORD CFD Long 300,000 3.9172 GBP
ORD CFD Short 2 3.9650 GBP
ORD CFD Short 3 3.9833 GBP
ORD CFD Short 4 3.9550 GBP
ORD CFD Short 4 4.0100 GBP
ORD CFD Short 6 3.9500 GBP
ORD CFD Short 7 3.9800 GBP
ORD CFD Short 11 3.9600 GBP
ORD CFD Short 11 3.9700 GBP
ORD CFD Short 95 3.9558 GBP
ORD CFD Short 97 3.9434 GBP
ORD CFD Short 98 3.9823 GBP
ORD CFD Short 98 4.0083 GBP
ORD CFD Short 144 3.9613 GBP
ORD CFD Short 155 3.9537 GBP
ORD CFD Short 194 3.9478 GBP
ORD CFD Short 201 3.9588 GBP
ORD CFD Short 298 3.9998 GBP
ORD CFD Short 495 3.9873 GBP
ORD CFD Short 498 3.9538 GBP
ORD CFD Short 499 4.0063 GBP
ORD CFD Short 500 3.9838 GBP
ORD CFD Short 696 3.9783 GBP
ORD CFD Short 997 3.9611 GBP
ORD CFD Short 1,552 4.0091 GBP
ORD CFD Short 1,824 3.9472 GBP
ORD CFD Short 2,100 49.6144 HKD
ORD CFD Short 2,835 3.9634 GBP
ORD CFD Short 3,601 3.9557 GBP
ORD CFD Short 14,159 3.9713 GBP

(c) Options transactions in respect of existing securities

(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) Exercising

Class of relevant security   Product description

e.g. call option

  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)

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?  

YES

Date of disclosure:  

29 Mar 2012

Contact name:   Geoff Smith
Telephone number:   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 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.

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

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Put Options Purchased 250,000 4.4000 American 30 Mar 2012
ORD Put Options Written -1,000,000 4.8000 American 30 Mar 2012
ORD Call Options Written -75,900 4.3890 European 6 Jul 2012
ORD Call Options Written -250,000 4.6000 American 30 Mar 2012
ORD Call Options Written -1,000,000 4.8000 American 30 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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

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