Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC - Ame...

Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC - Amendment

BARCLAYS PLC

FORM 8.5 (EPT/NON-RI)- Amendment

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 relevant securities this form relates: Use a separate form for each offeror/offeree	Â	GLENCORE INTL PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	Advisor to Offeree
(d) Date position held/dealing undertaken:	Â	5 March 2012
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Â	YES: 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	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		4,249,242		0.06%		9,343,481		0.14%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		8,298,420		0.12%		2,862,480		0.04%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		450,000		0.01%		2,825,900		0.04%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				12,997,662		0.19%		15,031,861		0.22%

Class of relevant security:	Â	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:		3,400,000		0.15%		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:
				3,400,000		0.15%		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)	Â	Purchases and sales	Â	Â	Â	Â
Class of relevant		Purchase/sale		Number of		Price per unit
security		Â		securities		Â
Convertible Bond		Purchase		1,400,000		129.7500 USD
ORD		Purchase		3,617		4.0780 GBP
ORD		Purchase		1,000		4.1898 GBP
ORD		Purchase		1,095		4.1218 GBP
ORD		Purchase		1,126		4.0368 GBP
ORD		Purchase		1,153		4.1610 GBP
ORD		Purchase		2,298		4.0633 GBP
ORD		Purchase		2,651		4.0354 GBP
ORD		Purchase		3,724		4.0322 GBP
ORD		Purchase		4,220		4.0924 GBP
ORD		Purchase		12,049		4.0431 GBP
ORD		Purchase		32,849		4.0733 GBP
ORD		Purchase		50,000		4.1694 GBP
ORD		Purchase		53,201		4.1484 GBP
ORD		Purchase		70,797		4.1422 GBP
ORD		Purchase		365		4.0323 GBP
ORD		Purchase		306		4.1510 GBP
ORD		Purchase		120,000		4.1813 GBP
ORD		Purchase		124,480		4.0803 GBP
ORD		Sale		157		4.1712 GBP
ORD		Sale		200		4.0000 GBP
ORD		Sale		200		4.1212 GBP
ORD		Sale		200		4.1242 GBP
ORD		Sale		200		4.1559 GBP
ORD		Sale		240		4.1292 GBP
ORD		Sale		300		4.0416 GBP
ORD		Sale		300		4.0810 GBP
ORD		Sale		366		4.0916 GBP
ORD		Sale		500		4.0368 GBP
ORD		Sale		500		4.1278 GBP
ORD		Sale		598		4.1741 GBP
ORD		Sale		600		4.1647 GBP
ORD		Sale		648		4.0086 GBP
ORD		Sale		988		4.0391 GBP
ORD		Sale		1,000		4.1637 GBP
ORD		Sale		1,258		4.1207 GBP
ORD		Sale		1,483		4.0371 GBP
ORD		Sale		1,850		4.1525 GBP
ORD		Sale		3,600		51.8746 HKD
ORD		Sale		8,485		4.0605 GBP
ORD		Sale		11,107		4.1630 GBP
ORD		Sale		14,895		4.1196 GBP
ORD		Sale		16,989		4.0732 GBP
ORD		Sale		29,190		4.1609 GBP
ORD		Sale		54,366		4.0735 GBP
ORD		Sale		127,670		4.0818 GBP
ORD		Sale		189,854		4.0739 GBP
ORD		Sale		208,514		4.0873 GBP
ORD		Sale		371,763		4.1090 GBP
ORD		Sale		1,566		4.2761 GBP
ORD		Sale		3,030		4.2393 GBP
ORD		Sale		653,235		4.2375 GBP
ORD		Sale		1,000,000		4.0618 GBP

(b)	Â	Derivatives transactions (other than options)	Â	Â	Â	Â	Â	Â
Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		CFD		Long		3,600		51.8746 HKD
ORD		CFD		Long		14,895		4.1196 GBP
ORD		CFD		Long		20,000		4.1521 GBP
ORD		CFD		Long		116,493		4.0793 GBP
ORD		CFD		Long		153,554		4.0823 GBP
ORD		CFD		Long		1,000,000		4.0618 GBP
ORD		CFD		Short		21,244		4.1830 GBP
ORD		CFD		Short		34,459		4.1201 GBP
ORD		CFD		Short		50,000		4.1694 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	6 March 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].

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 person whose open positions are being disclosed:	Â	Barclays Capital Securities Ltd
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		GLENCORE INTL PLC

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

Call Options

Written

-75,900

0.043890

European

6 Jul 2012

ORD

Put Options

Purchased

450,000

4.40

American

7 Mar 2012

ORD

Put Options

Written

-1,250,000

4.80

American

7 Mar 2012

ORD

Call Options

Written

-250,000

4.60

American

7 Mar 2012

ORD

Call Options

Written

-1,250,000

4.80

American

7 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 [phone].

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

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