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	23 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:		3,041,384		0.05%		21,921,662		0.32%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		20,532,405		0.30%		1,383,372		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:
				28,073,789		0.42%		33,805,034		0.49%
											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:		4,700,000		0.12%		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:
				4,700,000		0.21%		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		2,000,000		120.3750 GBP
CONVERTIBLE BOND		Purchase		200,000		120.8500 GBP
ORD		Purchase		200		43.7500 HKD
ORD		Purchase		533		3.6270 GBP
ORD		Purchase		1,000		43.5000 HKD
ORD		Purchase		1,098		3.6179 GBP
ORD		Purchase		1,100		43.4000 HKD
ORD		Purchase		2,300		44.1000 HKD
ORD		Purchase		4,500		3.6180 GBP
ORD		Purchase		8,622		3.6396 GBP
ORD		Purchase		10,826		3.6092 GBP
ORD		Purchase		11,349		3.5990 GBP
ORD		Purchase		12,721		3.6141 GBP
ORD		Purchase		12,906		3.6018 GBP
ORD		Purchase		21,100		43.9000 HKD
ORD		Purchase		26,136		3.6206 GBP
ORD		Purchase		27,500		43.8000 HKD
ORD		Purchase		32,404		3.6335 GBP
ORD		Purchase		36,400		44.0500 HKD
ORD		Purchase		41,863		3.6303 GBP
ORD		Purchase		42,000		43.9500 HKD
ORD		Purchase		49,226		3.6121 GBP
ORD		Purchase		71,899		3.6397 GBP
ORD		Purchase		73,400		43.8500 HKD
ORD		Purchase		80,266		3.5995 GBP
ORD		Purchase		87,600		44.0000 HKD
ORD		Purchase		95,559		3.6042 GBP
ORD		Purchase		195,410		3.6209 GBP
ORD		Purchase		260,224		3.6250 GBP
ORD		Purchase		686,591		3.6078 GBP
ORD		Sale		4,020		3.6309 GBP
ORD		Sale		9,300		43.8000 HKD
ORD		Sale		17,098		3.6169 GBP
ORD		Sale		19,729		3.6157 GBP
ORD		Sale		22,438		3.6079 GBP
ORD		Sale		28,598		3.6224 GBP
ORD		Sale		34,366		3.6144 GBP
ORD		Sale		48,555		3.5779 GBP
ORD		Sale		49,367		3.6212 GBP
ORD		Sale		61,215		3.5990 GBP
ORD		Sale		61,472		3.5756 GBP
ORD		Sale		69,631		3.6200 GBP
ORD		Sale		113,300		3.5779 GBP
ORD		Sale		115,100		3.5880 GBP
ORD		Sale		139,262		3.6108 GBP
ORD		Sale		148,300		43.8925 HKD
ORD		Sale		152,945		3.6127 GBP
ORD		Sale		212,941		3.5976 GBP
ORD		Sale		233,295		3.6115 GBP
ORD		Sale		278,524		3.6070 GBP
ORD		Sale		333,922		3.6185 GBP
ORD		Sale		353,005		3.6110 GBP

(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		5,700		3.6299 GBP
ORD		CFD		Long		12,817		3.6035 GBP
ORD		SWAP		Long		14,663		3.6232 GBP
ORD		SWAP		Long		54,095		3.6149 GBP
ORD		SWAP		Long		115,100		3.5881 GBP
ORD		CFD		Long		129,171		3.6016 GBP
ORD		CFD		Long		135,066		3.6249 GBP
ORD		CFD		Long		135,100		3.5813 GBP
ORD		SWAP		Short		7,900		3.6103 GBP
ORD		CFD		Short		14,907		3.6183 GBP
ORD		SWAP		Short		17,406		3.6060 GBP
ORD		CFD		Short		129,171		3.6391 GBP
ORD		CFD		Short		135,000		44.0373 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 Â

Date of disclosure:	Â	28 Aug 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].

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:	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

25 Aug 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

25 Aug 2012

ORD

Put Options

Written

-2,500,000

2.6000

American

25 Aug 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

25 Aug 2012

ORD

Call Options

Purchased

2,500,000

3.6000

American

25 Aug 2012

ORD

Call Options

Written

-1,000,000

3.6000

American

25 Aug 2012

ORD

Call Options

Written

-5,000,000

3.8000

American

25 Aug 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

25 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.