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

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:	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	21 May 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		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,316,815		0.02%		11,816,173		0.17%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		9,879,988		0.14%		751,111		0.01%
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:
				11,446,803		0.17%		14,893,184		0.22%
											Â
											Â
Class of relevant security:		Â		Convertible Bond		Â		Â		Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		3,700,000		0.16%		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:
				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:	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		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		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	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
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

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:	Â	24 May 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 7116 2913

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

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.

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.