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

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

BARCLAYS PLC

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: 21 May 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: 1,341,815 0.02% 11,816,173 0.17%
           
(2) Derivatives (other than
options): 9,879,988 0.14% 751,111 0.01%
           
(3) Options and agreements to
purchase/sell: 250,000 0.00% 2,325,900 0.03%
           
(4) TOTAL:
11,471,803 0.17% 14,893,184 0.22%
 
 
Class of relevant security:   Convertible Bond
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 3,700,000 0.16% 0 0.00%
           
(2) Derivatives (other than
options): 0 0.00% 0 0.00%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4) TOTAL:
3,700,000 0.16% 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:  
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  
ORD Purchase 57 3.5007 GBP
ORD Purchase 100 42.7000 HKD
ORD Purchase 686 3.4672 GBP
ORD Purchase 805 3.4500 GBP
ORD Purchase 828 3.4546 GBP
ORD Purchase 5,761 3.4714 GBP
ORD Purchase 6,285 3.4815 GBP
ORD Purchase 10,195 3.4893 GBP
ORD Purchase 13,000 3.5031 GBP
ORD Purchase 16,514 3.4875 GBP
ORD Purchase 20,000 3.5210 GBP
ORD Purchase 45,300 43.2537 HKD
ORD Purchase 90,513 3.4964 GBP
ORD Purchase 160,105 3.4756 GBP
ORD Purchase 163,247 3.4920 GBP
ORD Purchase 25,000 3.5257 GBP
ORD Sale 280 3.5246 GBP
ORD Sale 469 3.5230 GBP
ORD Sale 519 3.5332 GBP
ORD Sale 686 3.4672 GBP
ORD Sale 768 3.5007 GBP
ORD Sale 828 3.4547 GBP
ORD Sale 1,000 42.8000 HKD
ORD Sale 1,491 3.4794 GBP
ORD Sale 1,562 3.5154 GBP
ORD Sale 1,900 43.0500 HKD
ORD Sale 2,500 43.2500 HKD
ORD Sale 4,000 43.1542 HKD
ORD Sale 4,375 3.4795 GBP
ORD Sale 6,300 43.1500 HKD
ORD Sale 7,200 43.3500 HKD
ORD Sale 9,600 43.5000 HKD
ORD Sale 10,000 42.7500 HKD
ORD Sale 10,000 43.5500 HKD
ORD Sale 15,000 3.4655 GBP
ORD Sale 15,000 3.4656 GBP
ORD Sale 16,459 3.4985 GBP
ORD Sale 21,187 3.4836 GBP
ORD Sale 25,000 3.4740 GBP
ORD Sale 29,253 3.4973 GBP
ORD Sale 70,297 3.4956 GBP
ORD Sale 109,897 3.4912 GBP
ORD Sale 216,284 3.4982 GBP

(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 800 43.0954 HKD
ORD CFD Long 1,562 3.5154 GBP
ORD SWAP Long 2,308 3.5169 GBP
ORD CFD Long 2,400 43.0163 HKD
ORD CFD Long 4,000 43.1542 HKD
ORD CFD Long 6,945 3.5185 GBP
ORD CFD Long 20,000 3.4786 GBP
ORD CFD Long 79,399 3.4931 GBP
ORD CFD Short 95 3.4797 GBP
ORD CFD Short 100 42.7512 HKD
ORD CFD Short 4,950 3.4703 GBP
ORD CFD Short 5,761 3.4714 GBP
ORD SWAP Short 15,371 3.4810 GBP
ORD CFD Short 23,105 3.4567 GBP
ORD CFD Short 34,279 3.4748 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: 1 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 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 “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 250,000 4.4000 American 23 May 2012
ORD Put Options Written -1,000,000 4.8000 American 23 May 2012
ORD Call Options Written -75,900 4.3890 European 6 Jul 2012
ORD Call Options Written -250,000 4.6000 American 23 May 2012
ORD Call Options Written -1,000,000 4.8000 American 23 May 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)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today