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	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	11 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		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		5,106,131		0.07%		15,651,051		0.23%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		13,103,559		0.19%		2,146,798		0.03%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,590,000		0.02%		2,000,000		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				19,799,690		0.28%		19,797,849		0.29%
											Â
Class of relevant security:		Â		Convertible Bond XS0475310396		Â		Â		Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		2,000,000		0.09%		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:
				2,000,000		0.09%		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		176		3.0715 GBP
ORD		Purchase		500		37.2000 HKD
ORD		Purchase		600		36.8500 HKD
ORD		Purchase		1,583		3.1143 GBP
ORD		Purchase		1,900		37.0500 HKD
ORD		Purchase		2,000		36.8000 HKD
ORD		Purchase		2,295		3.1180 GBP
ORD		Purchase		2,300		36.9000 HKD
ORD		Purchase		3,800		37.1500 HKD
ORD		Purchase		3,912		3.1243 GBP
ORD		Purchase		4,400		36.9500 HKD
ORD		Purchase		4,400		37.1000 HKD
ORD		Purchase		5,700		37.0000 HKD
ORD		Purchase		5,700		37.2500 HKD
ORD		Purchase		7,200		37.4500 HKD
ORD		Purchase		7,614		3.1265 GBP
ORD		Purchase		7,900		37.4000 HKD
ORD		Purchase		8,064		3.1159 GBP
ORD		Purchase		8,275		3.1196 GBP
ORD		Purchase		8,600		37.3000 HKD
ORD		Purchase		11,741		3.1286 GBP
ORD		Purchase		12,000		37.3500 HKD
ORD		Purchase		13,826		3.1167 GBP
ORD		Purchase		32,141		3.1453 GBP
ORD		Purchase		39,308		3.1458 GBP
ORD		Purchase		53,872		3.1272 GBP
ORD		Purchase		110,616		3.1444 GBP
ORD		Purchase		243,243		3.1587 GBP
ORD		Purchase		374,848		3.1442 GBP
ORD		Sale		36		3.1345 GBP
ORD		Sale		826		3.1004 GBP
ORD		Sale		6,740		3.1267 GBP
ORD		Sale		7,915		3.1087 GBP
ORD		Sale		9,810		3.1305 GBP
ORD		Sale		11,188		3.1407 GBP
ORD		Sale		12,386		3.1618 GBP
ORD		Sale		20,000		3.1547 GBP
ORD		Sale		26,000		37.1490 HKD
ORD		Sale		29,478		3.1620 GBP
ORD		Sale		31,105		3.1415 GBP
ORD		Sale		31,511		3.1212 GBP
ORD		Sale		39,244		3.1294 GBP
ORD		Sale		50,000		37.0860 HKD
ORD		Sale		122,123		3.1401 GBP
ORD		Sale		160,702		3.1348 GBP
ORD		Sale		164,352		3.1148 GBP
ORD		Sale		182,089		3.1222 GBP
ORD		Sale		208,863		3.1690 GBP
ORD		Sale		214,200		3.1630 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		SWAP		Long		1,368		3.1686 GBP
ORD		CFD		Long		8,489		3.1382 GBP
ORD		SWAP		Long		29,478		3.1620 GBP
ORD		SWAP		Long		32,386		3.1574 GBP
ORD		SWAP		Long		39,244		3.1294 GBP
ORD		CFD		Long		41,000		3.0968 GBP
ORD		CFD		Long		58,422		3.1034 GBP
ORD		CFD		Long		160,702		3.1348 GBP
ORD		SWAP		Long		164,352		3.1148 GBP
ORD		SWAP		Short		176		3.0714 GBP
ORD		CFD		Short		41,000		37.3128 HKD
ORD		CFD		Short		45,644		3.1279 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	16 Jul 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

Call Options

Purchased

380,000

4.0000

European

25 Jul 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

13 Jul 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

13 Jul 2012

ORD

Call Options

Purchased

210,000

3.1000

American

13 Jul 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

13 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.

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.