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 (“RIâ€) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the “Codeâ€)
1. KEY INFORMATION
| (a) | Â | Name of exempt principal trader: | Â | BARCLAYS CAPITAL SECURITIES LTD | |
| (b) | Name of offeror/offeree in relation to whose |
GLENCORE INTL PLC |
|||
| Â | relevant securities this form relates: | Â | |||
| (c) | Name of the party to the offer with which exempt | Advisor to Offeree | |||
| Â | principal trader is connected | Â | |||
| (d) | Date position held/dealing undertaken: | 25 September 2012 | |||
| (e) | Has the EPT previously disclosed, or is it | YES: | |||
| today disclosing, under the Code in respect | |||||
| Â | of any other party to this offer? | 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: | Â | Â | Â | ORD | Â | Â | Â | Â | Â | Â | |
| Interests | Â | Short Positions | Â | ||||||||
| Â | Â | Number | (%) | Number | (%) | ||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 12,028,045 | 0.17% | 31,705,849 | 0.46% | |||||||
| Â | Â | Â | Â | Â | Â | ||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 28,658,050 | 0.41% | 10,587,896 | 0.15% | |||||||
| 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: | ||||||||||
| 42,413,695 | 0.61% | 42,543,745 | 0.61% | ||||||||
| Â | |||||||||||
| Class of relevant security: | Â | Convertible Bond XS0475310396 | Â | Â | Â | ||||||
| Interests | Â | Short Positions | Â | ||||||||
| Â | Â | Number | (%) | Number | (%) | ||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 4,600,000 | 0.20% | 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: | ||||||||||
| 4,600,000 | 0.20% | 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 | 1,000,000 | 122.0500 USD | ||||
| ORD | Purchase | 788 | 3.4666 GBP | ||||
| ORD | Purchase | 1,599 | 3.5200 GBP | ||||
| ORD | Purchase | 1,700 | 3.4750 GBP | ||||
| ORD | Purchase | 1,967 | 3.4536 GBP | ||||
| ORD | Purchase | 3,001 | 3.5322 GBP | ||||
| ORD | Purchase | 3,078 | 3.4993 GBP | ||||
| ORD | Purchase | 4,390 | 3.4781 GBP | ||||
| ORD | Purchase | 8,290 | 3.4563 GBP | ||||
| ORD | Purchase | 9,112 | 3.5250 GBP | ||||
| ORD | Purchase | 10,988 | 3.5303 GBP | ||||
| ORD | Purchase | 11,162 | 3.5763 GBP | ||||
| ORD | Purchase | 19,223 | 3.4873 GBP | ||||
| ORD | Purchase | 105,180 | 3.4941 GBP | ||||
| ORD | Purchase | 526,975 | 3.4861 GBP | ||||
| ORD | Purchase | 958,815 | 3.4713 GBP | ||||
| ORD | Purchase | 1,199,100 | 3.4775 GBP | ||||
| ORD | Sale | 264 | 3.4769 GBP | ||||
| ORD | Sale | 788 | 3.4667 GBP | ||||
| ORD | Sale | 992 | 3.4750 GBP | ||||
| ORD | Sale | 1,576 | 3.5273 GBP | ||||
| ORD | Sale | 2,183 | 3.5200 GBP | ||||
| ORD | Sale | 3,000 | 3.4686 GBP | ||||
| ORD | Sale | 3,331 | 3.5310 GBP | ||||
| ORD | Sale | 4,390 | 3.4782 GBP | ||||
| ORD | Sale | 10,000 | 3.4850 GBP | ||||
| ORD | Sale | 10,980 | 3.5002 GBP | ||||
| ORD | Sale | 12,631 | 3.4934 GBP | ||||
| ORD | Sale | 15,035 | 3.5221 GBP | ||||
| ORD | Sale | 26,837 | 3.4932 GBP | ||||
| ORD | Sale | 30,112 | 3.5046 GBP | ||||
| ORD | Sale | 60,899 | 3.4909 GBP | ||||
| ORD | Sale | 91,822 | 3.5272 GBP | ||||
| ORD | Sale | 201,756 | 3.4775 GBP | ||||
| ORD | Sale | 560,597 | 3.4851 GBP | ||||
| ORD | Sale | 947,963 | 3.4781 GBP | ||||
| ORD | Sale | 3,777,521 | 3.4925 GBP | ||||
| ORD (traded as ADR) | Purchase | 400 | 11.2600 USD | ||||
| ORD (traded as ADR) | Purchase | 2,000 | 11.1500 USD | ||||
| ORD (traded as ADR) | Sale | 400 | 11.2600 USD | ||||
| ORD (traded as ADR) | Sale | 2,000 | 11.1500 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 | CFD | Long | 400 | 3.4832 GBP | |||||
| ORD | SWAP | Long | 10,980 | 3.5002 GBP | |||||
| ORD | CFD | Long | 28,412 | 3.5178 GBP | |||||
| ORD | CFD | Short | 800 | 3.4713 GBP | |||||
| ORD | SWAP | Short | 2,400 | 3.4711 GBP | |||||
| ORD | CFD | Short | 11,162 | 3.5762 GBP | |||||
| ORD | CFD | Short | 19,675 | 3.4550 GBP | |||||
| ORD | SWAP | Short | 1,199,100 | 3.4775 GBP |
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
| Class | Â | Product | Â | Writing, | Â | Number | Â | Exercise | Â | Type | Â | Expiry | Â | Option | |
| of | description | purchasing, | of | price | date | money | |||||||||
| relevant | selling, | securities | per unit | paid/ | |||||||||||
| security | varying etc | to which | received | ||||||||||||
| option | per unit | ||||||||||||||
| Â | Â | Â | relates | Â | Â | Â | Â | ||||||||
| ORD | Call Options | Purchasing | 727,600 | 3.85 GBP | Europe | 13 Nov 2012 | 0.0278 GBP | ||||||||
| ORD | Call Options | Selling | 363,800 | 3.85 GBP | Europe | 13 Nov 2012 | 0.0278 GBP |
(ii) Exercising
| Class of relevant security | Â |
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 | Â |
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? | Â |
Yes |
| Date of disclosure: | Â |
27 Sep 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 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.
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 “Codeâ€)
1. KEY INFORMATION
| Identity of the person whose positions/dealings | Â | BARCLAYS CAPITAL SECURITIES LTD |
| are being disclosed: | Â | |
| Name of offeror/offeree in relation to whose | GLENCORE INTL PLC | |
| relevant securities this from relates: | Â |
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 | 27 Sep 2012 | |||||||
| ORD | Call Options | Written | -250,000 | 3.6000 | American | 27 Sep 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 (“CFDsâ€) 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.
Latest directors dealings
- 2 days ago The Renewables Infrastructure Group Limited
- 2 days ago The Renewables Infrastructure Group Limited
- 2 days ago Smurfit Westrock (DI)
- 2 days ago Menhaden Resource Efficiency
- 2 days ago BP