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

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

J.P. Morgan Securities Ltd.

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:   J.P. Morgan Securities ltd.
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Glencore International Plc

(c) Name of the party to the offer with which exempt principal trader is connected: Xstrata Plc
(d) Date position held/dealing undertaken: 23 May 2012
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? No

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:   Ordinary Shares

 

Interests   Short positions
Number   % Number   %
(1) Relevant securities owned and/or controlled:     2,580,000 0.04
(2) Derivatives (other than options):        
(3) Options and agreements to purchase/sell:      

 

TOTAL:

    2,580,000 0.04%
Class of relevant security:   Convertible Bond

 

Interests   Short positions
Number   % Number   %
(1) Relevant securities owned and/or controlled:        
(2) Derivatives (other than options): 28,500,000 1.24%    
(3) Options and agreements to purchase/sell:        

TOTAL:

28,500,000 1.24%    

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 security   Purchase/sale   Number of securities   Price per unit

GBP)

Ordinary Shares Purchase 4,863 3.41
4,151 3.4103
3 3.4105
4,162 3.4108
3,131 3.4115
6,495 3.412
4,171 3.4123
3,522 3.4124
6,595 3.4125
10,233 3.413
1,218 3.4133
5,011 3.4135
9,632 3.414
11,522 3.4145
5,607 3.415
15,286 3.4155
8,159 3.416
215 3.4164
5,892 3.4165
3,128 3.417
1,440 3.4171
1,412 3.4173
5,713 3.4175
4,227 3.4177
8,285 3.418
4,369 3.4185
5,850 3.419
12,977 3.4195
4,433 3.4196
2 3.4199
26,172 3.42
3,050 3.4203
14,204 3.4205
2,082 3.4207
10,580 3.421
8,271 3.4215
6,040 3.422
788 3.4223
2,328 3.4225
3,798 3.423
4,114 3.4231
733 3.4232
9,264 3.4235
3,369 3.424
7,510 3.4242
5,495 3.4245
935 3.4247
2,211 3.4249
1,689 3.425
2,470 3.4253
6,227 3.4255
13,150 3.426
4,292 3.4263
6,198 3.4265
3,318 3.4268
7,382 3.427
17,044 3.4275
10,930 3.428
1,560 3.4283
9,412 3.4285
3,676 3.4287
13,074 3.429
7,529 3.4293
19,128 3.4295
5,542 3.4297
12,830 3.43
453 3.4303
11,944 3.4305
10,829 3.4308
9,492 3.431
736 3.4312
4,609 3.4315
10,132 3.4318
8,903 3.432
8,083 3.4322
13,181 3.4325
5,235 3.433
1,212 3.4334
12,078 3.4335
5,403 3.4337
7,519 3.434
2,286 3.4343
3,799 3.4346
3,481 3.4352
9,842 3.4355
1,440 3.4358
11,759 3.436
2,876 3.4363
86,603 3.4365
2,981 3.4368
4,143 3.437
2,643 3.4373
4,497 3.4375
1,302 3.438
1,156 3.4385
3,873 3.4387
4,301 3.439
4,351 3.4392
4,265 3.4395
1,697 3.4396
4,838 3.4398
2,364 3.44
1,501 3.4402
839 3.4405
3,912 3.4408
4,032 3.441
1,094 3.4413
8,482 3.4415
2,706 3.4417
3,241 3.442
6,427 3.4423
5,239 3.4425
304 3.4428
5,038 3.443
2,682 3.4432
2,788 3.4435
5,115 3.4438
502 3.444
374 3.4442
12,436 3.4445
2,384 3.4448
892 3.445
8,891 3.4453
1,454 3.4455
1,603 3.446
5,064 3.4463
1,768 3.4472
2,255 3.4478
1,477 3.448
1,371 3.4482
2,132 3.4488
    1,592 3.4497

(b) Derivatives transactions (other than options)

Class of relevant security   Product description

e.g. CFD

  Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

  Number of reference securities   Price per unit

(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”

(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”

(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached?   NO
Date of disclosure:   24 May 2012
Contact name: Andrew Mhango
Telephone number: 020 7325 4513

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.

Companies

Glencore (GLEN)
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