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	15 May 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:		1,802,063		0.02%		9,837,833		0.14%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		8,336,614		0.12%		855,321		0.01%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		250,000		0.00%		2,325,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				10,388,677		0.14%		13,019,054		0.18%
											Â
											Â
Class of relevant security:		Â		Convertible Bond		Â		Â		Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,200,000		0.05%		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:
				1,200,000		0.05%		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		819		3.6949 GBP
ORD		Purchase		11,182		3.7304 GBP
ORD		Purchase		18,344		3.7794 GBP
ORD		Purchase		49,520		3.8152 GBP
ORD		Purchase		106,100		3.8216 GBP
ORD		Purchase		74,280		3.8152 GBP
ORD		Purchase		49,520		3.8152 GBP
ORD		Purchase		287,000		3.7896 GBP
ORD		Purchase		22,248		3.7501 GBP
ORD		Purchase		25,000		3.8017 GBP
ORD		Purchase		12,416		3.7059 GBP
ORD		Purchase		21,000		47.0528 HKD
ORD		Purchase		21,797		3.7242 GBP
ORD		Purchase		21,834		3.7114 GBP
ORD		Purchase		29,343		3.7105 GBP
ORD		Purchase		47,018		3.7184 GBP
ORD		Purchase		64,469		3.7179 GBP
ORD		Purchase		64,707		3.6932 GBP
ORD		Purchase		71,998		3.7210 GBP
ORD		Purchase		116,156		3.7164 GBP
ORD		Purchase		316,855		3.7181 GBP
ORD		Sale		100		46.6398 HKD
ORD		Sale		200		3.7655 GBP
ORD		Sale		882		3.6790 GBP
ORD		Sale		900		46.8500 HKD
ORD		Sale		902		3.7111 GBP
ORD		Sale		1,100		46.7500 HKD
ORD		Sale		1,200		46.9000 HKD
ORD		Sale		4,800		46.8000 HKD
ORD		Sale		5,538		3.7372 GBP
ORD		Sale		5,846		3.7288 GBP
ORD		Sale		7,792		3.7015 GBP
ORD		Sale		10,000		3.7397 GBP
ORD		Sale		13,000		47.2000 HKD
ORD		Sale		21,000		3.7418 GBP
ORD		Sale		21,159		3.7050 GBP
ORD		Sale		22,106		3.7693 GBP
ORD		Sale		10,788		3.7631 GBP
ORD		Sale		13,873		3.7387 GBP
ORD		Sale		25,841		3.7076 GBP
ORD		Sale		39,493		3.7149 GBP
ORD		Sale		40,000		3.6996 GBP
ORD		Sale		44,575		3.7139 GBP
ORD		Sale		104,945		3.7224 GBP
ORD		Sale		320,652		3.7138 GBP
ORD		Sale		499,510		3.7246 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		CFD		Long		100		46.6398 HKD
ORD		SWAP		Long		200		3.7655 GBP
ORD		SWAP		Long		952		3.6963 GBP
ORD		CFD		Long		2,049		3.6785 GBP
ORD		CFD		Long		13,873		3.7387 GBP
ORD		CFD		Long		159,227		3.7056 GBP
ORD		CFD		Short		3,743		3.7416 GBP
ORD		CFD		Short		4,150		3.7643 GBP
ORD		SWAP		Short		8,700		3.7170 GBP
ORD		SWAP		Short		22,248		3.7501 GBP
ORD		CFD		Short		40,000		3.7237 GBP
ORD		SWAP		Short		41,759		3.7091 GBP
ORD		CFD		Short		97,292		3.7148 GBP
ORD		SWAP		Short		240,415		3.7861 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 Â

Date of disclosure:	Â	17 May 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

250,000

4.4000

American

17 May 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

17 May 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-250,000

4.6000

American

17 May 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

17 May 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.