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:		30 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		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		4,431,115		0.06%		18,086,809		0.26%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		16,429,815		0.24%		2,683,377		0.04%
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:
				21,860,930		0.32%		22,770,186		0.33%
											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:		2,500,000		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		200		37.8500 HKD
ORD		Purchase		200		38.0500 HKD
ORD		Purchase		600		37.9000 HKD
ORD		Purchase		600		37.9500 HKD
ORD		Purchase		600		38.3000 HKD
ORD		Purchase		1,200		37.9989 HKD
ORD		Purchase		1,700		3.1651 GBP
ORD		Purchase		2,635		3.1755 GBP
ORD		Purchase		9,617		3.2030 GBP
ORD		Purchase		14,409		3.1840 GBP
ORD		Purchase		19,977		3.1841 GBP
ORD		Purchase		20,982		3.1920 GBP
ORD		Purchase		26,568		3.1790 GBP
ORD		Purchase		29,621		3.1720 GBP
ORD		Purchase		34,400		38.2000 HKD
ORD		Purchase		42,400		3.1856 GBP
ORD		Purchase		53,300		38.1500 HKD
ORD		Purchase		61,200		38.1000 HKD
ORD		Purchase		70,111		3.1467 GBP
ORD		Purchase		101,825		3.1854 GBP
ORD		Purchase		189,310		3.1890 GBP
ORD		Purchase		578,362		3.1843 GBP
ORD		Sale		466		3.1984 GBP
ORD		Sale		1,300		38.1000 HKD
ORD		Sale		4,488		3.1688 GBP
ORD		Sale		4,691		3.2034 GBP
ORD		Sale		10,000		38.1480 HKD
ORD		Sale		17,379		3.1935 GBP
ORD		Sale		20,121		3.1543 GBP
ORD		Sale		20,759		3.1851 GBP
ORD		Sale		24,911		3.1438 GBP
ORD		Sale		45,200		3.1485 GBP
ORD		Sale		46,962		3.1882 GBP
ORD		Sale		55,985		3.1867 GBP
ORD		Sale		59,000		3.1938 GBP
ORD		Sale		62,056		3.1466 GBP
ORD		Sale		63,665		3.1585 GBP
ORD		Sale		125,608		3.1558 GBP
ORD		Sale		200,901		3.1840 GBP
ORD		Sale		304,422		3.1814 GBP
ORD (traded as ADR)		Purchase		4,000		10.0300 USD
ORD (traded as ADR)		Sale		4,000		10.0300 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		1,225		3.1986 GBP
ORD		CFD		Long		1,571		3.2036 GBP
ORD		CFD		Long		1,446		3.1392 GBP
ORD		CFD		Long		3,023		3.1956 GBP
ORD		CFD		Long		3,642		3.1926 GBP
ORD		CFD		Long		7,850		3.1371 GBP
ORD		CFD		Long		7,850		3.1416 GBP
ORD		CFD		Long		7,850		3.1896 GBP
ORD		CFD		Long		9,603		3.1921 GBP
ORD		CFD		Long		10,116		3.1911 GBP
ORD		CFD		Long		13,469		3.1941 GBP
ORD		CFD		Long		14,446		3.1431 GBP
ORD		CFD		Long		20,348		3.1971 GBP
ORD		CFD		Long		20,683		3.1916 GBP
ORD		CFD		Long		32,040		3.1981 GBP
ORD		CFD		Long		32,040		3.1991 GBP
ORD		CFD		Long		47,737		3.1752 GBP
ORD		CFD		Long		143,800		3.1463 GBP
ORD		CFD		Short		1,169		3.2028 GBP
ORD		CFD		Short		1,200		37.9989 HKD
ORD		SWAP		Short		1,700		3.1651 GBP
ORD		CFD		Short		4,849		3.2038 GBP
ORD		CFD		Short		7,850		3.1903 GBP
ORD		CFD		Short		7,850		3.2023 GBP
ORD		CFD		Short		15,700		3.2013 GBP
ORD		CFD		Short		29,687		3.2030 GBP
ORD		CFD		Short		32,040		3.1973 GBP
ORD		CFD		Short		32,216		3.1677 GBP
ORD		CFD		Short		47,737		3.1959 GBP
ORD		CFD		Short		42,400		3.1859 GBP
ORD		CFD		Short		123,264		3.1887 GBP
ORD		CFD		Short		139,800		38.1849 HKD

(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	31 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.

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

1 Aug 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

1 Aug 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

1 Aug 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.