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	6 June 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:		2,803,466		0.04%		12,054,548		0.17%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		8,842,395		0.13%		1,377,879		0.02%
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:
				11,895,861		0.17%		15,758,327		0.23%

	Â		Â		Â		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:		5,400,000		0.23%		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:
				5,400,000		0.23%		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		117		3.4775 GBP
ORD		Purchase		200		3.4780 GBP
ORD		Purchase		500		3.3930 GBP
ORD		Purchase		500		40.6000 HKD
ORD		Purchase		1,330		3.3831 GBP
ORD		Purchase		1,800		3.4512 GBP
ORD		Purchase		1,900		40.3000 HKD
ORD		Purchase		2,500		40.5500 HKD
ORD		Purchase		3,799		3.4107 GBP
ORD		Purchase		4,800		40.2500 HKD
ORD		Purchase		5,000		40.4000 HKD
ORD		Purchase		5,000		40.6500 HKD
ORD		Purchase		8,412		3.4462 GBP
ORD		Purchase		8,983		3.4154 GBP
ORD		Purchase		15,000		40.7000 HKD
ORD		Purchase		19,464		3.4511 GBP
ORD		Purchase		44,643		3.4481 GBP
ORD		Purchase		63,494		3.4365 GBP
ORD		Purchase		73,599		3.4681 GBP
ORD		Purchase		95,978		3.4399 GBP
ORD		Purchase		123,366		3.4535 GBP
ORD		Purchase		311,691		3.4326 GBP
ORD		Purchase		397,150		3.4522 GBP
ORD		Sale		200		40.4500 HKD
ORD		Sale		600		40.8500 HKD
ORD		Sale		1,099		3.3740 GBP
ORD		Sale		1,150		3.4181 GBP
ORD		Sale		3,104		3.4049 GBP
ORD		Sale		4,752		3.3893 GBP
ORD		Sale		11,400		4.3598 GBP
ORD		Sale		5,700		4.3598 GBP
ORD		Sale		6,014		3.4017 GBP
ORD		Sale		11,874		3.4242 GBP
ORD		Sale		11,939		3.4261 GBP
ORD		Sale		13,926		3.4549 GBP
ORD		Sale		14,200		40.3623 HKD
ORD		Sale		19,986		3.4014 GBP
ORD		Sale		23,435		3.4431 GBP
ORD		Sale		44,700		3.4570 GBP
ORD		Sale		74,438		3.4528 GBP
ORD		Sale		269,057		3.4513 GBP
ORD		Sale		275,187		3.4545 GBP
ORD		Sale		499,020		3.3961 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		200		40.3988 HKD
ORD		CFD		Long		600		40.8009 HKD
ORD		SWAP		Long		6,102		3.4618 GBP
ORD		CFD		Long		10,000		3.4683 GBP
ORD		CFD		Long		11,434		3.4374 GBP
ORD		CFD		Long		11,899		3.4553 GBP
ORD		CFD		Long		20,500		3.3973 GBP
ORD		CFD		Long		250,000		3.3961 GBP
ORD		CFD		Short		600		3.3917 GBP
ORD		CFD		Short		1,506		3.3507 GBP
ORD		CFD		Short		10,000		3.3856 GBP
ORD		CFD		Short		11,142		3.4565 GBP
ORD		CFD		Short		20,500		40.7341 HKD
ORD		SWAP		Short		44,643		3.4481 GBP
ORD		CFD		Short		89,400		3.4091 GBP
ORD		SWAP		Short		95,978		3.4397 GBP
ORD		CFD		Short		289,932		3.4407 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:		13 Jun 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

250,000

4.4000

American

8 Jun 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

8 Jun 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-250,000

4.6000

American

8 Jun 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

8 Jun 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.