Form 8.5 (EPT/NON-RI)- GLENCORE INTL PLC - Amen...

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	14 February 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:		7,077,660		0.10%		8,382,303		0.12%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		8,465,617		0.12%		9,155,119		0.13%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		650,000		0.01%		2,825,900		0.04%
Â		Â		Â		Â		Â		Â
		TOTAL:
				16,193,277		0.23%		20,363,322		0.29%
											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:		3,000,000		0.13%		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
		TOTAL:
				3,000,000		0.13%		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		40,000		4.2389 GBP
ORD		Purchase		100,000		4.1895 GBP
ORD		Sale		360,500		4.1908 GBP
ORD		Sale		2,604,000		4.2367 GBP
ORD		Sale		15,000		4.2203 GBP
ORD		Purchase		70,000		4.3918 GBP
ORD		Purchase		60,067		4.2362 GBP
ORD		Purchase		100		52.8681 HKD
ORD		Purchase		872		4.2062 GBP
ORD		Purchase		5,425		4.2457 GBP
ORD		Purchase		8,121		4.2098 GBP
ORD		Purchase		13,659		4.2312 GBP
ORD		Purchase		64,733		4.2384 GBP
ORD		Purchase		70,000		4.3875 GBP
ORD		Purchase		80,129		4.2311 GBP
ORD		Purchase		152,903		4.2319 GBP
ORD		Purchase		199,162		4.2323 GBP
ORD		Purchase		201,198		4.2351 GBP
ORD		Sale		114		4.2476 GBP
ORD		Sale		235		4.2549 GBP
ORD		Sale		236		4.1971 GBP
ORD		Sale		300		4.2485 GBP
ORD		Sale		300		4.2545 GBP
ORD		Sale		794		4.2350 GBP
ORD		Sale		872		4.2062 GBP
ORD		Sale		1,000		4.1881 GBP
ORD		Sale		1,526		4.2576 GBP
ORD		Sale		1,655		4.2391 GBP
ORD		Sale		2,000		4.2227 GBP
ORD		Sale		2,350		4.2489 GBP
ORD		Sale		3,000		4.1939 GBP
ORD		Sale		3,000		4.2389 GBP
ORD		Sale		3,523		4.1994 GBP
ORD		Sale		3,544		4.2194 GBP
ORD		Sale		3,547		4.2029 GBP
ORD		Sale		3,887		4.2342 GBP
ORD		Sale		4,990		4.2363 GBP
ORD		Sale		5,425		4.2457 GBP
ORD		Sale		9,239		4.2383 GBP
ORD		Sale		16,197		4.2396 GBP
ORD		Sale		19,108		4.2360 GBP
ORD		Sale		32,642		4.2097 GBP
ORD		Sale		44,318		4.2453 GBP
ORD		Sale		64,918		4.2418 GBP
ORD		Sale		400		52.8000 HKD
ORD		Sale		72,635		4.2358 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		400		52.7332 HKD
ORD		CFD		Long		30,171		4.2074 GBP
ORD		CFD		Short		100		52.8681 HKD
ORD		CFD		Short		8,217		4.2535 GBP
ORD		CFD		Short		40,000		4.2389 GBP
ORD		CFD		Short		60,067		4.2362 GBP
ORD		CFD		Short		64,142		4.2282 GBP
ORD		CFD		Short		70,000		4.3875 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

Put Option

Purchasing

100,000

3.8 GBP

Europe

28 Feb 2012

0.0200 GBP

(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	16 Feb 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.

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 Option

Written

-75900

4.38909648

European

6 Jul 2012

ORD

Call Option

Written

-1000000

4.80

American

16 Feb 2012

ORD

Call Option

Written

-250000

4.80

American

16 Feb 2012

ORD

Call Option

Written

-250000

4.60

American

16 Feb 2012

ORD

Call Option

Purchase

100000

4.2

European

17 Feb 2012

ORD

Put Option

Written

-250000

4.80

American

16 Feb 2012

ORD

Put Option

Purchase

100000

3.8

European

28 Feb 2012

ORD

Put Option

Purchase

250000

4.40

American

16 Feb 2012

ORD

Put Option

Purchase

200000

4.40

American

16 Feb 2012

ORD

Put Option

Written

-1000000

4.80

American

16 Feb 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.