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)	Â	Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b)		Name of offeror/offeree in relation to whose		GLENCORE INTL PLC
Â		relevant securities this form relates:		Â
(c)		Name of the party to the offer with which exempt		Advisor to Offeree
Â		principal trader is connected		Â
(d)		Date position held/dealing undertaken:		27 July 2012
(e)		Has the EPT previously disclosed, or is it		YES:
		today disclosing, under the Code in respect
Â		of any other party to this offer?		XSTRATA PLC

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:		3,981,886		0.06%		17,829,483		0.26%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		16,252,192		0.23%		1,847,924		0.03%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,000,000		0.01%		2,000,000		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				21,234,078		0.31%		21,677,407		0.31%
											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:		2,500,000		0.11%		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:
				2,500,000		0.11%		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		100		37.5000 HKD
ORD		Purchase		1,231		3.1014 GBP
ORD		Purchase		1,400		37.3000 HKD
ORD		Purchase		1,698		3.1053 GBP
ORD		Purchase		3,200		3.0992 GBP
ORD		Purchase		3,939		3.1255 GBP
ORD		Purchase		4,300		37.5500 HKD
ORD		Purchase		5,100		37.7000 HKD
ORD		Purchase		5,300		37.4500 HKD
ORD		Purchase		5,500		37.7500 HKD
ORD		Purchase		9,700		37.6500 HKD
ORD		Purchase		10,100		37.7678 HKD
ORD		Purchase		10,544		3.1186 GBP
ORD		Purchase		10,600		37.9500 HKD
ORD		Purchase		10,883		3.1246 GBP
ORD		Purchase		13,594		3.1253 GBP
ORD		Purchase		13,804		3.1211 GBP
ORD		Purchase		15,100		37.6000 HKD
ORD		Purchase		18,800		37.8000 HKD
ORD		Purchase		19,800		37.5676 HKD
ORD		Purchase		20,965		3.0921 GBP
ORD		Purchase		21,200		37.3500 HKD
ORD		Purchase		28,180		3.1229 GBP
ORD		Purchase		32,137		3.0932 GBP
ORD		Purchase		45,800		37.9000 HKD
ORD		Purchase		48,633		3.0882 GBP
ORD		Purchase		49,408		3.1263 GBP
ORD		Purchase		62,727		3.1218 GBP
ORD		Purchase		69,539		3.1176 GBP
ORD		Purchase		88,600		37.4000 HKD
ORD		Purchase		130,700		37.8500 HKD
ORD		Purchase		265,576		3.1184 GBP
ORD		Purchase		549,107		3.1320 GBP
ORD		Sale		100		37.3000 HKD
ORD		Sale		100		37.5000 HKD
ORD		Sale		100		37.9000 HKD
ORD		Sale		200		37.3500 HKD
ORD		Sale		300		37.4000 HKD
ORD		Sale		845		3.0812 GBP
ORD		Sale		900		37.9500 HKD
ORD		Sale		2,384		3.1124 GBP
ORD		Sale		3,400		37.4500 HKD
ORD		Sale		4,840		3.1130 GBP
ORD		Sale		5,190		3.0990 GBP
ORD		Sale		5,200		37.2000 HKD
ORD		Sale		9,200		37.7500 HKD
ORD		Sale		10,500		37.8000 HKD
ORD		Sale		18,657		3.1286 GBP
ORD		Sale		23,286		3.1107 GBP
ORD		Sale		30,751		3.1251 GBP
ORD		Sale		62,000		37.7771 HKD
ORD		Sale		65,136		3.1055 GBP
ORD		Sale		76,064		3.1126 GBP
ORD		Sale		98,219		3.1086 GBP
ORD		Sale		272,075		3.1117 GBP
ORD		Sale		315,744		3.1071 GBP
ORD (traded as ADR)		Purchase		308		9.7600 USD
ORD (traded as ADR)		Purchase		308		9.8100 USD
ORD (traded as ADR)		Sale		308		9.7600 USD
ORD (traded as ADR)		Sale		308		9.8100 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		CFD		Long		100		37.8521 HKD
ORD		CFD		Long		2,032		3.0996 GBP
ORD		CFD		Long		5,334		3.1122 GBP
ORD		CFD		Long		16,044		3.0991 GBP
ORD		CFD		Long		50,000		3.1258 GBP
ORD		CFD		Long		140,000		3.1027 GBP
ORD		CFD		Long		300,508		3.1098 GBP
ORD		CFD		Short		241		3.0868 GBP
ORD		SWAP		Short		600		3.1185 GBP
ORD		CFD		Short		5,334		3.1006 GBP
ORD		SWAP		Short		14,822		3.1248 GBP
ORD		CFD		Short		17,883		3.1225 GBP
ORD		CFD		Short		45,959		3.1207 GBP
ORD		CFD		Short		300,200		37.7126 HKD
ORD		SWAP		Short		549,107		3.1320 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	30 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].

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	Â	BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:		Â
Name of offeror/offeree in relation to whose		GLENCORE INTL PLC
relevant securities this from relates:		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

Put Options

Purchased

1,000,000

3.2000

American

29 Jul 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

29 Jul 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

29 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.