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:		19 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	ORD	Â	Â	Â	Â	Â	Â
	Â			Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		3,092,620		0.04%		32,977,386		0.46%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		29,811,688		0.42%		893,236		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:
				34,268,108		0.48%		34,120,622		0.48%
Â		Â		Â		Â		Â		Â
Class of relevant security:				Convertible Bond XS0475310396
				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		100		43.6500 HKD
ORD		Purchase		200		43.6000 HKD
ORD		Purchase		247		3.4860 GBP
ORD		Purchase		300		43.3000 HKD
ORD		Purchase		300		43.4000 HKD
ORD		Purchase		730		3.4839 GBP
ORD		Purchase		2,000		43.9900 HKD
ORD		Purchase		2,100		43.5000 HKD
ORD		Purchase		2,672		3.4744 GBP
ORD		Purchase		5,548		3.4775 GBP
ORD		Purchase		9,514		3.5070 GBP
ORD		Purchase		10,883		3.4902 GBP
ORD		Purchase		11,546		3.4962 GBP
ORD		Purchase		22,046		3.4972 GBP
ORD		Purchase		67,369		3.4964 GBP
ORD		Purchase		73,938		3.4815 GBP
ORD		Purchase		129,464		3.4951 GBP
ORD		Purchase		200,591		3.4943 GBP
ORD		Sale		300		43.6000 HKD
ORD		Sale		400		44.1000 HKD
ORD		Sale		800		43.9500 HKD
ORD		Sale		900		43.4000 HKD
ORD		Sale		1,300		44.0000 HKD
ORD		Sale		1,600		43.4718 HKD
ORD		Sale		1,812		3.4777 GBP
ORD		Sale		1,837		3.4769 GBP
ORD		Sale		2,957		3.5098 GBP
ORD		Sale		4,321		3.5059 GBP
ORD		Sale		4,615		3.5024 GBP
ORD		Sale		7,217		3.5058 GBP
ORD		Sale		7,737		3.5114 GBP
ORD		Sale		7,743		3.5016 GBP
ORD		Sale		9,064		3.4953 GBP
ORD		Sale		9,388		3.4897 GBP
ORD		Sale		10,883		3.4904 GBP
ORD		Sale		30,295		3.4872 GBP
ORD		Sale		50,289		3.4869 GBP
ORD		Sale		52,772		3.4775 GBP
ORD		Sale		106,642		3.4842 GBP
ORD		Sale		108,042		3.4944 GBP
ORD		Sale		152,500		3.4927 GBP
ORD		Sale		260,359		3.4926 GBP
ORD		Sale		440,399		3.4955 GBP
ORD		Sale		808,250		3.4845 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		300		44.0470 HKD
ORD		CFD		Long		1,100		3.5131 GBP
ORD		CFD		Long		7,737		3.5114 GBP
ORD		SWAP		Long		9,000		3.4755 GBP
ORD		CFD		Long		11,980		3.5010 GBP
ORD		SWAP		Long		106,642		3.4842 GBP
ORD		CFD		Long		152,500		3.4927 GBP
ORD		CFD		Long		418,797		3.4955 GBP
ORD		SWAP		Long		808,250		3.4844 GBP
ORD		CFD		Short		1,100		43.5522 HKD
ORD		CFD		Short		11,535		3.5035 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:		22 Oct 2012
Contact name:		Geoff Smith
Telephone number:		0203 555 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].

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

Call Options

Purchased

363,800

3.8500

European

13 Nov 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

21 Oct 2012

ORD

Call Options

Written

-250,000

3.6000

American

21 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.