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: 8 May 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: 1,096,352 0.02% 11,877,638 0.17%
           
(2) Derivatives (other than
options): 10,410,046 0.15% 537,899 0.01%
           
(3) Options and agreements to
purchase/sell: 250,000 0.00% 2,325,900 0.03%
           
(4) TOTAL:
11,756,398 0.17% 14,741,437 0.21%
Class of relevant security:     Convertible Bond            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,200,000 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:
1,200,000 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:  
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 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   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
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   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:  

9 May 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 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 +44 (0)20 7638 0129.

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

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