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:  

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

 

GLENCORE INTL PLC

(c) Name of the party to the offer with which exempt principal trader is connected:  

Advisor to Offeree

(d) Date position held/dealing undertaken:  

2 October 2012

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?  

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:       ORD            
    Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned        
  and/or controlled: 12,520,362 0.18% 27,664,995 0.40%
           
(2) Derivatives (other than        
  options): 24,343,339 0.35% 10,499,470 0.15%
           
(3) Options and agreements to        
  purchase/sell: 1,727,600 0.02% 250,000 0.00%
           
(4) TOTAL:        
    38,591,301 0.55% 38,414,465 0.55%
           
Class of relevant security:   Convertible Bond XS0475310396      
    Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned        
  and/or controlled: 2,800,000 0.12% 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:        
    2,800,000 0.12% 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  
Convertible Bond Sale 1,800,000 121.8560 USD
ORD Purchase 671 3.4410 GBP
ORD Purchase 1,606 3.4450 GBP
ORD Purchase 2,213 3.4353 GBP
ORD Purchase 2,524 3.4230 GBP
ORD Purchase 2,592 3.3955 GBP
ORD Purchase 3,500 3.4041 GBP
ORD Purchase 5,342 3.4016 GBP
ORD Purchase 8,815 3.3992 GBP
ORD Purchase 11,445 3.3995 GBP
ORD Purchase 12,484 3.4510 GBP
ORD Purchase 20,576 3.3853 GBP
ORD Purchase 36,210 3.4144 GBP
ORD Purchase 49,259 3.4168 GBP
ORD Purchase 55,789 3.4563 GBP
ORD Purchase 196,362 3.4477 GBP
ORD Purchase 350,750 3.4005 GBP
ORD Purchase 359,984 3.4139 GBP
ORD Purchase 1,000,000 3.3870 GBP
ORD Sale 100 3.3845 GBP
ORD Sale 1,386 3.4355 GBP
ORD Sale 1,900 3.4122 GBP
ORD Sale 2,524 3.4231 GBP
ORD Sale 5,033 3.4152 GBP
ORD Sale 6,750 3.4525 GBP
ORD Sale 8,815 3.3995 GBP
ORD Sale 10,157 3.3980 GBP
ORD Sale 12,832 3.3862 GBP
ORD Sale 16,736 3.4222 GBP
ORD Sale 17,193 3.4027 GBP
ORD Sale 39,513 3.4210 GBP
ORD Sale 91,357 3.4128 GBP
ORD Sale 92,940 3.3978 GBP
ORD Sale 197,457 3.4151 GBP
ORD Sale 300,000 3.4291 GBP
ORD Sale 351,272 3.4131 GBP
ORD Sale 450,000 3.3769 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 27,283 3.4017 GBP
ORD SWAP Long 92,940 3.3978 GBP
ORD CFD Long 300,000 3.4290 GBP
ORD CFD Long 450,000 3.3770 GBP
ORD SWAP Short 200 3.4060 GBP
ORD CFD Short 2,592 3.3955 GBP
ORD SWAP Short 3,500 3.4041 GBP
ORD CFD Short 6,720 3.3768 GBP
ORD CFD Short 8,079 3.4373 GBP
ORD CFD Short 17,068 3.4398 GBP
ORD SWAP Short 55,789 3.4563 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:  

4 Oct 2012

Contact name:   Geoff Smith
Telephone number:   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.

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 person whose open positions are being disclosed:  

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   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 Call Options Purchased 363,800 3.8500 European 13 Nov 2012
ORD Call Options Purchased 363,800 4.1000 European 16 Oct 2012
ORD Put Options Purchased 1,000,000 3.2000 American 4 Oct 2012
ORD Call Options Written -250,000 3.6000 American 4 Oct 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.

Companies

Glencore (GLEN)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today