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 (“RIâ€) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the “Codeâ€)
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 | |
 | 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: | 17 January 2013 | |
(e) | Has the EPT previously disclosed, or is it | YES: | |
today disclosing, under the Code in respect | |||
 | 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 | |||||||
 |  | Number | (%) | Number | (%) | |||||
(1) | Relevant securities owned | |||||||||
and/or controlled: | 4,727,506 | 0.07% | 42,884,609 | 0.60% | ||||||
 |  |  |  |  |  | |||||
(2) | Derivatives (other than | |||||||||
options): | 41,250,847 | 0.58% | 2,609,821 | 0.04% | ||||||
 |  |  |  |  |  | |||||
(3) | Options and agreements to | |||||||||
purchase/sell: | 0 | 0.00% | 0 | 0.00% | ||||||
 |  |  |  |  |  | |||||
(4) | TOTAL: | |||||||||
45,978,353 | 0.65% | 45,494,430 | 0.64% |
Class of relevant security: | Â | Â | Convertible Bond XS0475310396 | Â | Â | Â | Â | Â | Â | |
Interests | Â | Short Positions | Â | |||||||
 |  | Number | (%) | Number | (%) | |||||
(1) | Relevant securities owned | |||||||||
and/or controlled: | 1,100,000 | 0.05% | 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: | |||||||||
1,100,000 | 0.05% | 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 | 265 | 3.7541 GBP | ||||
ORD | Purchase | 1,258 | 3.7562 GBP | ||||
ORD | Purchase | 1,429 | 3.7554 GBP | ||||
ORD | Purchase | 2,629 | 3.7440 GBP | ||||
ORD | Purchase | 7,456 | 3.7985 GBP | ||||
ORD | Purchase | 13,439 | 3.7648 GBP | ||||
ORD | Purchase | 23,583 | 3.7527 GBP | ||||
ORD | Purchase | 29,379 | 3.7190 GBP | ||||
ORD | Purchase | 30,864 | 3.7372 GBP | ||||
ORD | Purchase | 37,723 | 3.7336 GBP | ||||
ORD | Purchase | 40,201 | 3.7572 GBP | ||||
ORD | Purchase | 49,502 | 3.7597 GBP | ||||
ORD | Purchase | 52,111 | 3.7240 GBP | ||||
ORD | Purchase | 64,700 | 3.7637 GBP | ||||
ORD | Purchase | 83,913 | 3.7547 GBP | ||||
ORD | Purchase | 140,700 | 47.4469 HKD | ||||
ORD | Purchase | 152,500 | 3.7848 GBP | ||||
ORD | Purchase | 159,750 | 3.7391 GBP | ||||
ORD | Purchase | 300,000 | 3.7613 GBP | ||||
ORD | Purchase | 399,179 | 3.7569 GBP | ||||
ORD | Purchase | 436,887 | 3.7766 GBP | ||||
ORD | Purchase | 670,082 | 3.7525 GBP | ||||
ORD | Sale | 111 | 3.7534 GBP | ||||
ORD | Sale | 1,404 | 3.7748 GBP | ||||
ORD | Sale | 1,694 | 3.7553 GBP | ||||
ORD | Sale | 2,100 | 47.5000 HKD | ||||
ORD | Sale | 2,900 | 47.6000 HKD | ||||
ORD | Sale | 3,301 | 3.7499 GBP | ||||
ORD | Sale | 4,614 | 3.7433 GBP | ||||
ORD | Sale | 5,600 | 47.3500 HKD | ||||
ORD | Sale | 6,081 | 3.7377 GBP | ||||
ORD | Sale | 6,085 | 3.7213 GBP | ||||
ORD | Sale | 6,591 | 3.7539 GBP | ||||
ORD | Sale | 7,800 | 47.3000 HKD | ||||
ORD | Sale | 11,172 | 3.7820 GBP | ||||
ORD | Sale | 11,870 | 3.7615 GBP | ||||
ORD | Sale | 13,000 | 3.7589 GBP | ||||
ORD | Sale | 16,759 | 3.7334 GBP | ||||
ORD | Sale | 20,098 | 3.7672 GBP | ||||
ORD | Sale | 22,267 | 3.7607 GBP | ||||
ORD | Sale | 22,562 | 3.7300 GBP | ||||
ORD | Sale | 31,901 | 3.7635 GBP | ||||
ORD | Sale | 33,545 | 3.7710 GBP | ||||
ORD | Sale | 33,800 | 47.5500 HKD | ||||
ORD | Sale | 39,500 | 47.4500 HKD | ||||
ORD | Sale | 39,564 | 3.7795 GBP | ||||
ORD | Sale | 45,208 | 3.7611 GBP | ||||
ORD | Sale | 49,900 | 47.4000 HKD | ||||
ORD | Sale | 52,728 | 3.7333 GBP | ||||
ORD | Sale | 57,951 | 3.7357 GBP | ||||
ORD | Sale | 101,441 | 3.7942 GBP | ||||
ORD | Sale | 108,301 | 3.7628 GBP | ||||
ORD | Sale | 136,143 | 3.7830 GBP | ||||
ORD | Sale | 151,455 | 3.7640 GBP | ||||
ORD | Sale | 193,127 | 3.7985 GBP | ||||
ORD | Sale | 284,322 | 3.7653 GBP | ||||
ORD | Sale | 284,340 | 3.8214 GBP | ||||
ORD | Sale | 509,027 | 3.7805 GBP | ||||
ORD (traded as ADR) | Purchase | 4,000 | 12.0800 USD | ||||
ORD (traded as ADR) | Sale | 4,000 | 12.0800 USD |
(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 | 900 | 47.5371 HKD | |||||
ORD | CFD | Long | 1,884 | 3.7167 GBP | |||||
ORD | CFD | Long | 3,000 | 3.7562 GBP | |||||
ORD | CFD | Long | 3,000 | 3.8062 GBP | |||||
ORD | CFD | Long | 25,228 | 3.7691 GBP | |||||
ORD | CFD | Long | 35,094 | 3.7529 GBP | |||||
ORD | CFD | Long | 101,441 | 3.7942 GBP | |||||
ORD | CFD | Long | 108,301 | 3.7627 GBP | |||||
ORD | CFD | Long | 284,340 | 3.8213 GBP | |||||
ORD | CFD | Short | 3,600 | 3.7558 GBP | |||||
ORD | SWAP | Short | 4,043 | 3.7960 GBP | |||||
ORD | CFD | Short | 4,200 | 3.7872 GBP | |||||
ORD | CFD | Short | 4,899 | 3.7918 GBP | |||||
ORD | SWAP | Short | 13,801 | 3.7204 GBP | |||||
ORD | CFD | Short | 25,218 | 3.7122 GBP | |||||
ORD | SWAP | Short | 81,490 | 3.7222 GBP | |||||
ORD | CFD | Short | 300,000 | 3.7613 GBP | |||||
ORD | CFD | Short | 358,750 | 3.7624 GBP | |||||
ORD | CFD | Short | 346,450 | 3.7454 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. |
 | Expiry date |  | Option money paid/ received per unit |
(ii) Exercising
Class of relevant security | Â |
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 | Â |
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? | Â | NO |
Date of disclosure: | Â |
18 Jan 2013 |
Contact name: | Â | Geoff Smith |
Telephone number: | Â | 020 3555 4632 |
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.