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 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?	Â	YES:   XSTRATA PLC 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	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		13,662,402		0.19%		30,812,791		0.45%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		27,922,444		0.40%		11,398,128		0.16%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,727,600		0.02%		250,000		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				43,312,446		0.62%		42,460,919		0.61%

	Â		Â		Â		Â		Â
Class of relevant security:		Â		Convertible Bond XS0475310396		Â		Â		Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,700,000		0.07%		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:
				1,700,000		0.07%		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
Convertible Bond		Purchase		3,000,000		120.6000 USD
Convertible Bond		Sale		200,000		120.5000 USD
Convertible Bond		Sale		5,400,000		120.7500 USD
ORD		Purchase		200		42.3000 HKD
ORD		Purchase		200		42.6500 HKD
ORD		Purchase		300		3.3490 GBP
ORD		Purchase		700		42.6000 HKD
ORD		Purchase		1,030		3.3570 GBP
ORD		Purchase		1,300		42.7000 HKD
ORD		Purchase		2,782		3.3499 GBP
ORD		Purchase		3,000		42.7500 HKD
ORD		Purchase		3,409		3.3604 GBP
ORD		Purchase		3,639		3.3612 GBP
ORD		Purchase		4,111		3.3413 GBP
ORD		Purchase		5,433		3.3539 GBP
ORD		Purchase		6,092		3.3627 GBP
ORD		Purchase		6,876		3.3552 GBP
ORD		Purchase		7,578		3.3559 GBP
ORD		Purchase		18,051		3.3629 GBP
ORD		Purchase		28,962		3.3560 GBP
ORD		Purchase		29,968		3.3592 GBP
ORD		Purchase		58,500		42.4356 HKD
ORD		Purchase		99,739		3.3554 GBP
ORD		Purchase		411,613		3.3582 GBP
ORD		Purchase		556,788		3.3600 GBP
ORD		Purchase		573,398		3.3575 GBP
ORD		Sale		300		3.3490 GBP
ORD		Sale		334		3.3615 GBP
ORD		Sale		600		42.6500 HKD
ORD		Sale		900		42.3500 HKD
ORD		Sale		1,064		3.3590 GBP
ORD		Sale		2,000		42.0500 HKD
ORD		Sale		2,000		42.2500 HKD
ORD		Sale		2,000		42.4000 HKD
ORD		Sale		3,100		42.5500 HKD
ORD		Sale		3,900		42.3000 HKD
ORD		Sale		4,700		42.7500 HKD
ORD		Sale		4,900		42.1000 HKD
ORD		Sale		5,000		42.1500 HKD
ORD		Sale		5,037		3.3606 GBP
ORD		Sale		5,400		42.2000 HKD
ORD		Sale		5,733		3.3756 GBP
ORD		Sale		6,100		42.5000 HKD
ORD		Sale		6,313		3.3667 GBP
ORD		Sale		8,021		3.3576 GBP
ORD		Sale		8,903		3.3575 GBP
ORD		Sale		9,200		42.7000 HKD
ORD		Sale		9,600		42.6000 HKD
ORD		Sale		13,687		3.3559 GBP
ORD		Sale		21,205		3.3769 GBP
ORD		Sale		31,399		3.3588 GBP
ORD		Sale		38,747		3.3586 GBP
ORD		Sale		39,368		3.3668 GBP
ORD		Sale		54,600		3.3507 GBP
ORD		Sale		90,873		3.3600 GBP
ORD		Sale		110,008		3.3560 GBP
ORD		Sale		170,000		3.3784 GBP
ORD		Sale		228,750		3.3596 GBP
ORD		Sale		47,245		3.3561 GBP
ORD		Sale		297,518		3.3582 GBP
ORD		Sale		3,492,250		3.3821 GBP
ORD (traded as ADR)		Purchase		152		10.6800 USD
ORD (traded as ADR)		Sale		152		10.6800 USD

(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		SWAP		Long		300		3.3604 GBP
ORD		CFD		Long		369		3.3498 GBP
ORD		CFD		Long		51,847		3.3746 GBP
ORD		CFD		Long		228,750		3.3596 GBP
ORD		SWAP		Short		6,092		3.3627 GBP
ORD		CFD		Short		8,702		3.3622 GBP
ORD		SWAP		Short		18,051		3.3629 GBP
ORD		CFD		Short		23,114		3.3597 GBP
ORD		CFD		Short		63,097		3.3618 GBP
ORD		CFD		Short		256,665		3.3582 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:		15 Oct 2012
Contact name:		Geoff Smith
Telephone number:		0203 555 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 [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.

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

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

7 Oct 2012

ORD

Call Options

Written

-250,000

3.6000

American

7 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 [phone].

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