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:		17 October 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:		3,049,652		0.04%		31,595,229		0.45%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		28,454,033		0.40%		985,287		0.01%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,363,800		0.02%		250,000		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				32,867,485		0.46%		32,830,516		0.46%
Â		Â		Â		Â		Â		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:		4,700,000		0.20%		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:
				4,700,000		0.20%		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		300		42.3500 HKD
ORD		Purchase		400		42.4000 HKD
ORD		Purchase		400		42.5000 HKD
ORD		Purchase		1,100		42.5500 HKD
ORD		Purchase		3,398		3.4590 GBP
ORD		Purchase		4,302		3.4519 GBP
ORD		Purchase		4,500		3.4803 GBP
ORD		Purchase		4,582		3.4262 GBP
ORD		Purchase		4,600		42.4326 HKD
ORD		Purchase		7,474		3.4477 GBP
ORD		Purchase		16,505		3.4461 GBP
ORD		Purchase		21,913		3.4717 GBP
ORD		Purchase		40,228		3.4502 GBP
ORD		Purchase		41,972		3.4750 GBP
ORD		Purchase		56,119		3.4400 GBP
ORD		Purchase		66,776		3.4610 GBP
ORD		Purchase		121,767		3.4655 GBP
ORD		Purchase		139,205		3.4665 GBP
ORD		Purchase		644,012		3.4510 GBP
ORD		Purchase		668,550		3.4714 GBP
ORD		Sale		300		42.6000 HKD
ORD		Sale		500		42.5500 HKD
ORD		Sale		937		3.4875 GBP
ORD		Sale		1,002		3.4652 GBP
ORD		Sale		1,122		3.4694 GBP
ORD		Sale		1,200		42.5000 HKD
ORD		Sale		1,600		42.4500 HKD
ORD		Sale		2,100		42.4904 HKD
ORD		Sale		2,800		42.4000 HKD
ORD		Sale		4,200		3.4792 GBP
ORD		Sale		4,302		3.4521 GBP
ORD		Sale		6,839		3.4503 GBP
ORD		Sale		7,973		3.4695 GBP
ORD		Sale		8,862		3.4760 GBP
ORD		Sale		9,100		3.4882 GBP
ORD		Sale		11,222		3.4850 GBP
ORD		Sale		19,711		3.4674 GBP
ORD		Sale		28,827		3.4852 GBP
ORD		Sale		46,101		3.4677 GBP
ORD		Sale		87,463		3.4665 GBP
ORD		Sale		100,000		3.4742 GBP
ORD		Sale		105,288		3.4658 GBP
ORD		Sale		120,000		3.4669 GBP
ORD		Sale		400,000		3.4685 GBP
ORD		Sale		454,848		3.4599 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		100		42.5489 HKD
ORD		CFD		Long		400		42.4614 HKD
ORD		SWAP		Long		961		3.4203 GBP
ORD		CFD		Long		4,143		3.4658 GBP
ORD		SWAP		Long		7,200		3.4880 GBP
ORD		SWAP		Long		12,500		3.4746 GBP
ORD		SWAP		Long		40,049		3.4851 GBP
ORD		CFD		Long		74,842		3.4646 GBP
ORD		SWAP		Short		4,500		3.4803 GBP
ORD		SWAP		Short		4,582		3.4262 GBP
ORD		CFD		Short		7,604		3.3976 GBP
ORD		CFD		Short		20,915		3.4164 GBP
ORD		CFD		Short		50,000		3.4908 GBP
ORD		CFD		Short		51,106		3.4294 GBP
ORD		CFD		Short		512,071		3.4505 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	18 Oct 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 3555 4632

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

Call Options

Purchased

363,800

3.8500

European

13 Nov 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

19 Oct 2012

ORD

Call Options

Written

-250,000

3.6000

American

19 Oct 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.