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	22 August 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:		3,146,659		0.05%		21,415,287		0.31%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		20,073,877		0.29%		1,293,172		0.02%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		4,500,000		0.07%		10,500,000		0.15%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				27,720,536		0.41%		33,208,459		0.48%

	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:		2,500,000		0.11%		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:
				2,500,000		0.11%		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
ORD		Purchase		300		43.2500 HKD
ORD		Purchase		644		3.5470 GBP
ORD		Purchase		800		43.0500 HKD
ORD		Purchase		1,030		3.5415 GBP
ORD		Purchase		1,300		43.1000 HKD
ORD		Purchase		1,537		3.5440 GBP
ORD		Purchase		1,900		43.1500 HKD
ORD		Purchase		5,000		43.5500 HKD
ORD		Purchase		5,100		43.5000 HKD
ORD		Purchase		5,514		3.5211 GBP
ORD		Purchase		8,098		3.5424 GBP
ORD		Purchase		8,700		43.0000 HKD
ORD		Purchase		10,000		3.5418 GBP
ORD		Purchase		14,100		43.2000 HKD
ORD		Purchase		15,783		3.5476 GBP
ORD		Purchase		19,283		3.5428 GBP
ORD		Purchase		20,580		3.5455 GBP
ORD		Purchase		23,047		3.5373 GBP
ORD		Purchase		24,700		43.4500 HKD
ORD		Purchase		25,200		43.3500 HKD
ORD		Purchase		32,200		43.4000 HKD
ORD		Purchase		39,483		3.5422 GBP
ORD		Purchase		41,813		3.5410 GBP
ORD		Purchase		57,634		3.5467 GBP
ORD		Purchase		71,000		43.3000 HKD
ORD		Purchase		84,891		3.5461 GBP
ORD		Purchase		160,598		3.5448 GBP
ORD		Purchase		311,017		3.5488 GBP
ORD		Purchase		597,307		3.5506 GBP
ORD		Purchase		641,227		3.5646 GBP
ORD		Sale		252		3.5491 GBP
ORD		Sale		644		3.5473 GBP
ORD		Sale		837		3.5432 GBP
ORD		Sale		1,325		3.5340 GBP
ORD		Sale		1,705		3.5500 GBP
ORD		Sale		1,720		3.5220 GBP
ORD		Sale		2,736		3.5452 GBP
ORD		Sale		3,363		3.5641 GBP
ORD		Sale		3,694		3.5450 GBP
ORD		Sale		3,776		3.5499 GBP
ORD		Sale		6,476		3.5486 GBP
ORD		Sale		9,832		3.5389 GBP
ORD		Sale		20,856		3.5416 GBP
ORD		Sale		32,793		3.5467 GBP
ORD		Sale		37,673		3.5519 GBP
ORD		Sale		55,477		3.5471 GBP
ORD		Sale		58,800		43.2259 HKD
ORD		Sale		93,171		3.5468 GBP
ORD		Sale		159,850		3.5537 GBP
ORD		Sale		203,892		3.5458 GBP
ORD		Sale		205,092		3.5530 GBP
ORD		Sale		234,731		3.5477 GBP
ORD		Sale		595,250		3.5660 GBP
ORD (traded as ADR)		Purchase		4,000		11.1850 USD
ORD (traded as ADR)		Sale		4,000		11.1850 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		3,363		3.5641 GBP
ORD		SWAP		Long		6,500		3.5485 GBP
ORD		CFD		Long		39,188		3.5494 GBP
ORD		SWAP		Long		39,493		3.5479 GBP
ORD		CFD		Long		43,737		3.5564 GBP
ORD		CFD		Long		58,778		3.5514 GBP
ORD		CFD		Long		91,658		3.5414 GBP
ORD		CFD		Long		135,100		3.5585 GBP
ORD		SWAP		Short		600		3.5559 GBP
ORD		CFD		Short		1,046		3.5394 GBP
ORD		CFD		Short		1,300		3.5344 GBP
ORD		CFD		Short		1,300		3.5354 GBP
ORD		CFD		Short		1,300		3.5374 GBP
ORD		CFD		Short		1,300		3.5384 GBP
ORD		CFD		Short		1,300		3.5399 GBP
ORD		CFD		Short		1,300		3.5414 GBP
ORD		CFD		Short		1,554		3.5404 GBP
ORD		CFD		Short		1,814		3.5654 GBP
ORD		CFD		Short		2,600		3.5369 GBP
ORD		CFD		Short		12,599		3.5560 GBP
ORD		SWAP		Short		18,193		3.5455 GBP
ORD		CFD		Short		58,778		3.5392 GBP
ORD		SWAP		Short		60,063		3.5433 GBP
ORD		CFD		Short		131,500		43.4283 HKD

(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:		28 Aug 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 [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

Put Options

Purchased

1,000,000

3.0000

American

24 Aug 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

24 Aug 2012

ORD

Put Options

Written

-2,500,000

2.6000

American

24 Aug 2012

ORD

Put Options

Written

-1,000,000

4.0000

American

24 Aug 2012

ORD

Call Options

Purchased

2,500,000

3.6000

American

24 Aug 2012

ORD

Call Options

Written

-1,000,000

3.6000

American

24 Aug 2012

ORD

Call Options

Written

-5,000,000

3.8000

American

24 Aug 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

24 Aug 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.