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:		8 May 2012
(e)	Has the EPT previously disclosed, or is it		YES:
	today disclosing, under the Code in respect		XSTRATA PLC
Â	of any other party to this offer?		Â

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:		1,096,352		0.02%		11,877,638		0.17%
Â	Â		Â		Â		Â		Â
(2)	Derivatives (other than
	options):		10,410,046		0.15%		537,899		0.01%
Â	Â		Â		Â		Â		Â
(3)	Options and agreements to
	purchase/sell:		250,000		0.00%		2,325,900		0.03%
Â	Â		Â		Â		Â		Â
(4)	TOTAL:
			11,756,398		0.17%		14,741,437		0.21%

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:		1,200,000		0.05%		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:
			1,200,000		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		200		50.8000 HKD
ORD		Purchase		300		50.8488 HKD
ORD		Purchase		545		3.9443 GBP
ORD		Purchase		677		4.0504 GBP
ORD		Purchase		1,500		3.9368 GBP
ORD		Purchase		1,500		50.7000 HKD
ORD		Purchase		2,500		3.9864 GBP
ORD		Purchase		3,576		4.0605 GBP
ORD		Purchase		3,843		3.9277 GBP
ORD		Purchase		12,806		3.9695 GBP
ORD		Purchase		23,806		3.9732 GBP
ORD		Purchase		40,500		51.1209 HKD
ORD		Purchase		41,099		3.9829 GBP
ORD		Purchase		72,459		3.9824 GBP
ORD		Purchase		97,578		3.9956 GBP
ORD		Purchase		126,014		4.0387 GBP
ORD		Purchase		268,626		3.9918 GBP
ORD		Purchase		400,000		3.9387 GBP
ORD		Sale		135		3.9738 GBP
ORD		Sale		250		3.9197 GBP
ORD		Sale		300		3.9462 GBP
ORD		Sale		350		3.9763 GBP
ORD		Sale		500		3.9561 GBP
ORD		Sale		500		51.3500 HKD
ORD		Sale		700		3.9686 GBP
ORD		Sale		793		3.9488 GBP
ORD		Sale		1,200		50.7500 HKD
ORD		Sale		1,245		4.0031 GBP
ORD		Sale		1,451		3.9947 GBP
ORD		Sale		1,500		4.0042 GBP
ORD		Sale		1,720		4.0317 GBP
ORD		Sale		2,000		3.9725 GBP
ORD		Sale		2,300		50.8000 HKD
ORD		Sale		2,700		50.7000 HKD
ORD		Sale		3,018		4.0009 GBP
ORD		Sale		5,000		50.9500 HKD
ORD		Sale		5,000		51.1000 HKD
ORD		Sale		5,000		51.2500 HKD
ORD		Sale		5,500		51.3000 HKD
ORD		Sale		5,700		4.3598 GBP
ORD		Sale		7,676		3.9711 GBP
ORD		Sale		10,000		3.9825 GBP
ORD		Sale		15,000		4.0397 GBP
ORD		Sale		15,000		4.0401 GBP
ORD		Sale		15,000		4.0613 GBP
ORD		Sale		15,000		4.0642 GBP
ORD		Sale		17,000		50.8500 HKD
ORD		Sale		18,000		51.2000 HKD
ORD		Sale		18,925		4.0033 GBP
ORD		Sale		20,723		3.9932 GBP
ORD		Sale		23,500		50.9000 HKD
ORD		Sale		26,400		51.0000 HKD
ORD		Sale		27,795		4.0001 GBP
ORD		Sale		44,976		4.0265 GBP
ORD		Sale		95,877		3.9901 GBP
ORD		Sale		100,000		3.9388 GBP
ORD		Sale		128,242		3.9385 GBP
ORD		Sale		145,106		3.9650 GBP
ORD		Sale		229,673		3.9740 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		100		50.6858 HKD
ORD		CFD		Long		152		3.9486 GBP
ORD		CFD		Long		152		3.9732 GBP
ORD		CFD		Long		152		3.9751 GBP
ORD		CFD		Long		152		3.9821 GBP
ORD		CFD		Long		152		4.0011 GBP
ORD		CFD		Long		152		4.0136 GBP
ORD		CFD		Long		244		3.9772 GBP
ORD		CFD		Long		321		3.9487 GBP
ORD		SWAP		Long		2,478		3.9589 GBP
ORD		CFD		Long		19,266		4.0034 GBP
ORD		CFD		Long		37,759		3.9918 GBP
ORD		CFD		Long		71,300		50.8774 HKD
ORD		CFD		Long		114,286		3.9552 GBP
ORD		CFD		Short		300		50.8488 HKD
ORD		CFD		Short		1,500		50.7641 HKD
ORD		CFD		Short		3,205		3.9303 GBP
ORD		CFD		Short		12,379		4.0500 GBP
ORD		CFD		Short		13,668		4.0497 GBP
ORD		CFD		Short		40,000		3.9955 GBP
ORD		CFD		Short		71,356		4.0543 GBP
ORD		CFD		Short		400,000		3.9387 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	9 May 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

Put Options

Purchased

250,000

4.4000

American

10 May 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

10 May 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-250,000

4.6000

American

10 May 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

10 May 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.