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

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

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	CABLE & WIRELESS WORLDWIDE PLC
(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	5 July 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:		5,969,663		0.09%		17,300,494		0.25%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		13,808,720		0.20%		3,545,585		0.05%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,590,000		0.02%		2,075,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				21,368,383		0.31%		22,921,979		0.33%
											Â
Class of relevant security:		Â		Convertible Bond XS0475310396		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
(4)		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		200		38.0000 HKD
ORD		Purchase		1,520		3.1372 GBP
ORD		Purchase		8,029		3.1807 GBP
ORD		Purchase		9,797		3.1539 GBP
ORD		Purchase		16,954		3.1815 GBP
ORD		Purchase		23,600		3.1381 GBP
ORD		Purchase		37,776		3.1602 GBP
ORD		Purchase		57,932		3.1700 GBP
ORD		Purchase		75,966		3.1810 GBP
ORD		Purchase		128,383		3.1480 GBP
ORD		Purchase		148,800		37.9968 HKD
ORD		Purchase		185,300		3.1656 GBP
ORD		Purchase		291,022		3.1655 GBP
ORD		Purchase		643,544		3.1728 GBP
ORD		Sale		600		38.1500 HKD
ORD		Sale		1,520		3.1374 GBP
ORD		Sale		1,600		38.1000 HKD
ORD		Sale		2,211		3.1537 GBP
ORD		Sale		4,894		3.1787 GBP
ORD		Sale		5,700		38.0500 HKD
ORD		Sale		5,891		3.1606 GBP
ORD		Sale		7,330		3.1825 GBP
ORD		Sale		10,351		3.1985 GBP
ORD		Sale		12,300		37.9668 HKD
ORD		Sale		12,414		3.1921 GBP
ORD		Sale		13,666		3.1892 GBP
ORD		Sale		17,167		3.1300 GBP
ORD		Sale		19,349		3.1380 GBP
ORD		Sale		20,000		37.9500 HKD
ORD		Sale		21,261		3.1680 GBP
ORD		Sale		21,715		3.1550 GBP
ORD		Sale		26,394		3.1647 GBP
ORD		Sale		27,073		3.1631 GBP
ORD		Sale		42,000		3.1920 GBP
ORD		Sale		65,813		3.1863 GBP
ORD		Sale		82,675		3.1772 GBP
ORD		Sale		94,535		3.1702 GBP
ORD		Sale		121,100		38.0000 HKD
ORD		Sale		132,071		3.1768 GBP
ORD		Sale		137,864		3.1486 GBP
ORD		Sale		139,242		3.1250 GBP
ORD		Sale		200,000		3.1628 GBP
ORD		Sale		285,849		3.1679 GBP
ORD		Sale		341,027		3.1705 GBP
ORD		Sale		454,427		3.1775 GBP
ORD (traded as ADR)		Purchase		1,000		9.7800 USD
ORD (traded as ADR)		Sale		1,000		9.7800 USD

(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		2,000		3.1432 GBP
ORD		CFD		Long		2,211		3.1537 GBP
ORD		CFD		Long		4,894		3.1787 GBP
ORD		SWAP		Long		10,351		3.1985 GBP
ORD		CFD		Long		12,300		37.9668 HKD
ORD		SWAP		Long		17,167		3.1300 GBP
ORD		SWAP		Long		21,715		3.1550 GBP
ORD		CFD		Long		28,491		3.1664 GBP
ORD		SWAP		Long		79,800		3.1337 GBP
ORD		CFD		Long		91,098		3.1588 GBP
ORD		CFD		Long		395,394		3.1729 GBP
ORD		CFD		Long		400,000		3.1628 GBP
ORD		CFD		Short		434		3.1721 GBP
ORD		CFD		Short		1,000		3.1357 GBP
ORD		CFD		Short		35,010		3.1545 GBP
ORD		SWAP		Short		200,000		3.1613 GBP
ORD		CFD		Short		200,000		3.1696 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 Â

Date of disclosure:	Â	6 Jul 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.

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 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   Â

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

380,000

4.0000

European

25 Jul 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

7 Jul 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

7 Jul 2012

ORD

Call Options

Purchased

210,000

3.1000

American

7 Jul 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

7 Jul 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.