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:		6 August 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)

	Â		Â	Interests			Â	Short Positions
Â		Â		Number	Â	(%)		Number	Â	(%)
(1)		Relevant securities owned
		and/or controlled:		3,806,326		0.05%		16,924,770		0.24%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		15,756,795		0.23%		1,897,895		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:
				20,563,121		0.30%		20,822,665		0.30%
											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		38.8000 HKD
ORD		Purchase		100		38.8500 HKD
ORD		Purchase		400		3.2495 GBP
ORD		Purchase		400		39.0127 HKD
ORD		Purchase		500		38.7500 HKD
ORD		Purchase		800		39.2500 HKD
ORD		Purchase		1,000		39.3000 HKD
ORD		Purchase		1,004		3.2885 GBP
ORD		Purchase		1,245		3.2385 GBP
ORD		Purchase		1,800		39.1500 HKD
ORD		Purchase		1,800		39.2000 HKD
ORD		Purchase		2,300		38.8978 HKD
ORD		Purchase		2,300		39.3500 HKD
ORD		Purchase		2,323		3.2649 GBP
ORD		Purchase		2,554		3.2670 GBP
ORD		Purchase		2,800		39.0000 HKD
ORD		Purchase		3,719		3.2521 GBP
ORD		Purchase		4,900		39.0500 HKD
ORD		Purchase		7,660		3.2652 GBP
ORD		Purchase		9,858		3.2988 GBP
ORD		Purchase		10,146		3.2970 GBP
ORD		Purchase		13,307		3.2504 GBP
ORD		Purchase		13,700		39.4000 HKD
ORD		Purchase		14,253		3.2969 GBP
ORD		Purchase		14,900		39.1000 HKD
ORD		Purchase		19,407		3.2943 GBP
ORD		Purchase		39,493		3.2432 GBP
ORD		Purchase		56,653		3.2961 GBP
ORD		Purchase		66,633		3.2971 GBP
ORD		Purchase		199,776		3.2966 GBP
ORD		Purchase		235,605		3.2918 GBP
ORD		Purchase		755,877		3.2875 GBP
ORD		Sale		100		39.0500 HKD
ORD		Sale		200		39.2500 HKD
ORD		Sale		300		38.7500 HKD
ORD		Sale		400		39.3000 HKD
ORD		Sale		445		3.3070 GBP
ORD		Sale		500		39.1000 HKD
ORD		Sale		700		38.6500 HKD
ORD		Sale		1,100		38.7000 HKD
ORD		Sale		4,970		3.2918 GBP
ORD		Sale		13,577		3.2860 GBP
ORD		Sale		14,653		3.2956 GBP
ORD		Sale		17,858		3.2852 GBP
ORD		Sale		38,147		3.2885 GBP
ORD		Sale		38,400		39.2102 HKD
ORD		Sale		55,172		3.2861 GBP
ORD		Sale		80,276		3.2892 GBP
ORD		Sale		204,342		3.2916 GBP
ORD		Sale		310,498		3.2855 GBP
ORD (traded as ADR)		Purchase		94		10.1800 USD
ORD (traded as ADR)		Sale		94		10.1800 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		975		3.2669 GBP
ORD		CFD		Long		1,000		38.7609 HKD
ORD		CFD		Long		6,300		3.2482 GBP
ORD		CFD		Long		39,445		3.2763 GBP
ORD		CFD		Short		400		39.0127 HKD
ORD		SWAP		Short		1,245		3.2384 GBP
ORD		SWAP		Short		2,300		3.2927 GBP
ORD		CFD		Short		6,300		39.1922 HKD
ORD		CFD		Short		27,896		3.2455 GBP
ORD		CFD		Short		68,291		3.2720 GBP
ORD		CFD		Short		326,964		3.2845 GBP
ORD		CFD		Short		344,117		3.2966 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	7 Aug 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

8 Aug 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

8 Aug 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

8 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.