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 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:		5,682,353		0.08%		17,394,798		0.25%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		15,043,130		0.22%		3,851,076		0.06%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,760,000		0.03%		2,075,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				22,485,483		0.33%		23,321,774		0.34%

	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:		1,500,000		0.07%		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:
				1,500,000		0.07%		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		273		3.1400 GBP
ORD		Purchase		1,272		3.1274 GBP
ORD		Purchase		7,802		3.1608 GBP
ORD		Purchase		7,950		3.1580 GBP
ORD		Purchase		10,495		3.1615 GBP
ORD		Purchase		10,703		3.1441 GBP
ORD		Purchase		15,395		3.1398 GBP
ORD		Purchase		19,261		3.1471 GBP
ORD		Purchase		44,744		3.1406 GBP
ORD		Purchase		47,772		3.1265 GBP
ORD		Purchase		48,408		3.1298 GBP
ORD		Purchase		81,800		38.5116 HKD
ORD		Purchase		101,528		3.1570 GBP
ORD		Purchase		119,217		3.1421 GBP
ORD		Purchase		368,653		3.1451 GBP
ORD		Purchase		392,752		3.1532 GBP
ORD		Sale		300		38.4500 HKD
ORD		Sale		2,000		38.2500 HKD
ORD		Sale		2,000		38.8000 HKD
ORD		Sale		2,600		38.2000 HKD
ORD		Sale		4,900		38.3000 HKD
ORD		Sale		10,700		38.7500 HKD
ORD		Sale		15,000		38.3500 HKD
ORD		Sale		22,100		38.7000 HKD
ORD		Sale		22,200		38.4000 HKD
ORD		Sale		177		3.1605 GBP
ORD		Sale		273		3.1400 GBP
ORD		Sale		869		3.1410 GBP
ORD		Sale		937		3.1623 GBP
ORD		Sale		1,550		3.1360 GBP
ORD		Sale		4,495		3.1640 GBP
ORD		Sale		5,038		3.1630 GBP
ORD		Sale		5,090		3.1463 GBP
ORD		Sale		7,156		3.1311 GBP
ORD		Sale		8,713		3.1527 GBP
ORD		Sale		15,395		3.1399 GBP
ORD		Sale		20,240		3.1450 GBP
ORD		Sale		28,000		3.1503 GBP
ORD		Sale		22,875		3.1624 GBP
ORD		Sale		22,891		3.1265 GBP
ORD		Sale		29,195		3.1634 GBP
ORD		Sale		33,611		3.1618 GBP
ORD		Sale		39,676		3.1636 GBP
ORD		Sale		42,095		3.1386 GBP
ORD		Sale		61,635		3.1451 GBP
ORD		Sale		65,632		3.1313 GBP
ORD		Sale		140,496		3.1335 GBP
ORD		Sale		206,044		3.1416 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		864		3.2008 GBP
ORD		SWAP		Long		8,713		3.1527 GBP
ORD		CFD		Long		15,030		3.1377 GBP
ORD		CFD		Long		57,986		3.1394 GBP
ORD		SWAP		Short		1,272		3.1274 GBP
ORD		SWAP		Short		8,200		3.1333 GBP
ORD		SWAP		Short		10,495		3.1615 GBP
ORD		CFD		Short		17,485		3.1611 GBP
ORD		CFD		Short		30,000		3.1545 GBP
ORD		CFD		Short		33,107		3.1521 GBP
ORD		CFD		Short		80,000		3.1503 GBP
ORD		CFD		Short		80,000		3.1603 GBP
ORD		CFD		Short		105,469		3.1492 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:		26 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

Call Options

Purchased

760,000

4.0000

European

25 Jul 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

24 Jun 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

24 Jun 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

24 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.