Form 8.5 (EPT/NON-RI) Glencore Intl Plc - Amend...

Form 8.5 (EPT/NON-RI) Glencore Intl Plc - Amendment

BARCLAYS PLC

Amendment

FORM 8.5 (EPT/NON-RI)

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:   Barclays Capital Securities Ltd
(b) Name of offeror/offeree in relation to whose GLENCORE INTL PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeree
  principal trader is connected  
(d) Date position held/dealing undertaken: 7 February 2012
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect XSTRATA PLC
  of any other party to this offer?  

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:     ORD            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 5,793,360 0.08% 10,756,653 0.16%
           
(2) Derivatives (other than
options): 10,591,428 0.15% 7,739,369 0.11%
           
(3) Options and agreements to
purchase/sell: 350,000 0.01% 2,750,000 0.04%
           
(4) TOTAL:
16,734,788 0.24% 21,246,022 0.31%
Class of relevant security:     Convertible Bond            
Interests   Short Positions  
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 3,000,000 0.13%
           
(2) Derivatives (other than
options):
           
(3) Options and agreements to
purchase/sell:
           
(4) TOTAL:
3,000,000 0.13%

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:  
Details, including nature of the rights concerned and relevant percentages:  

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   Purchase/sale   Number of   Price per unit
security   securities  
Convertible Bond Purchase 1,000,000 136.0000 USD
Convertible Bond Purchase 2,000,000 140.0500 USD
Convertible Bond Sale 1,000,000 136.1250 USD
Convertible Bond Sale 1,500,000 136.2500 USD
ORD Purchase 400 56.5228 HKD
ORD Purchase 5,076 4.5320 GBP
ORD Purchase 12,002 4.6561 GBP
ORD Purchase 16,825 4.4654 GBP
ORD Purchase 20,000 4.6148 GBP
ORD Purchase 35,000 4.4427 GBP
ORD Purchase 39,368 4.5142 GBP
ORD Purchase 43,044 4.4509 GBP
ORD Purchase 45,655 4.5134 GBP
ORD Purchase 67,677 4.6840 GBP
ORD Purchase 100,000 4.4584 GBP
ORD Purchase 166,916 4.5793 GBP
ORD Purchase 179,430 4.5148 GBP
ORD Purchase 185,700 4.4236 GBP
ORD Purchase 200,000 4.4343 GBP
ORD Purchase 214,285 4.4370 GBP
ORD Purchase 230,000 4.4515 GBP
ORD Purchase 303,210 4.6167 GBP
ORD Purchase 305,015 4.6028 GBP
ORD Purchase 378,695 4.6746 GBP
ORD Purchase 672,286 4.7086 GBP
ORD Purchase 700,000 4.6957 GBP
ORD Purchase 1,026,847 4.5346 GBP
ORD Purchase 1,110,966 4.6110 GBP
ORD Purchase 1,365,274 4.5623 GBP
ORD Purchase 1,414,285 4.5673 GBP
ORD Purchase 2,800,000 4.6901 GBP
ORD Sale 20 4.5367 GBP
ORD Sale 56 4.5822 GBP
ORD Sale 100 4.6316 GBP
ORD Sale 171 4.6747 GBP
ORD Sale 258 4.4330 GBP
ORD Sale 334 4.4541 GBP
ORD Sale 500 4.4259 GBP
ORD Sale 500 4.4914 GBP
ORD Sale 989 4.5699 GBP
ORD Sale 1,000 4.4466 GBP
ORD Sale 1,000 4.4709 GBP
ORD Sale 1,000 4.5604 GBP
ORD Sale 1,000 4.5837 GBP
ORD Sale 1,000 4.6814 GBP
ORD Sale 1,305 4.5832 GBP
ORD Sale 2,135 4.4794 GBP
ORD Sale 2,135 4.5792 GBP
ORD Sale 2,410 4.6591 GBP
ORD Sale 3,367 4.4531 GBP
ORD Sale 4,264 4.6702 GBP
ORD Sale 4,491 4.6729 GBP
ORD Sale 6,500 4.5085 GBP
ORD Sale 8,135 4.6331 GBP
ORD Sale 8,769 4.5197 GBP
ORD Sale 12,697 4.5806 GBP
ORD Sale 13,900 4.5522 GBP
ORD Sale 27,588 4.6772 GBP
ORD Sale 41,568 4.4809 GBP
ORD Sale 41,943 4.4569 GBP
ORD Sale 50,000 4.4302 GBP
ORD Sale 87,329 4.6105 GBP
ORD Sale 88,000 4.5682 GBP
ORD Sale 91,916 4.4851 GBP
ORD Sale 125,616 4.6463 GBP
ORD Sale 175,209 4.4483 GBP
ORD Sale 200,000 4.6517 GBP
ORD Sale 214,285 4.4370 GBP
ORD Sale 229,850 4.6138 GBP
ORD Sale 322,021 4.5314 GBP
ORD Sale 330,075 4.6802 GBP
ORD Sale 352,558 4.6770 GBP
ORD Sale 574,323 4.5035 GBP
ORD Sale 1,019,117 4.4650 GBP
ORD Sale 2,330,686 4.5861 GBP
ORD Sale 100 56.3500 HKD
ORD Sale 100 56.5500 HKD
ORD Sale 1,900 56.5000 HKD

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 2,100 56.4237 HKD
ORD CFD Long 6,500 4.5084 GBP
ORD CFD Long 13,900 4.5522 GBP
ORD CFD Long 27,588 4.6772 GBP
ORD CFD Long 125,616 4.6463 GBP
ORD CFD Long 200,000 4.6517 GBP
ORD CFD Long 372,942 4.4728 GBP
ORD CFD Short 400 56.5228 HKD
ORD CFD Short 500 4.4298 GBP
ORD CFD Short 500 4.4423 GBP
ORD CFD Short 500 4.4458 GBP
ORD CFD Short 500 4.4774 GBP
ORD CFD Short 12,002 4.6560 GBP
ORD CFD Short 14,849 4.4881 GBP
ORD CFD Short 200,000 4.4343 GBP
ORD CFD Short 300,000 4.6584 GBP
ORD CFD Short 385,710 4.6768 GBP
ORD CFD Short 460,000 4.4515 GBP
ORD CFD Short 2,730,548 4.5623 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercising

Class of relevant security   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   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?  

YES

Date of disclosure:  

13 Feb 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 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.

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 the person whose positions/dealings   Barclays Capital Securities Ltd
are being disclosed:  
Name of offeror/offeree in relation to whose GLENCORE INTL PLC
relevant securities this from relates:  

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Put Options Purchased 250000 4.4 American 9 Feb 2012
ORD Put Options Written -1000000 4.8 American 10 Feb 2012
ORD Put Options Written -250000 4.8 American 11 Feb 2012
ORD Call Options Written 75900 4.38 European 6 Jul 2012
ORD Call Options Purchased 100000 4.2 European 17 Feb 2012
ORD Call Options Written -1000000 4.8 American 9 Feb 2012
ORD Call Options Written -250000 4.8 American 9 Feb 2012
ORD Call Options Written -250000 4.6 American 9 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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Companies

Glencore (GLEN)
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