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) Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	GLENCORE INTL PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	Advisor to Offeree
(d) Date position held/dealing undertaken:	Â	13 August 2012
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Â	YES: XSTRATA PLC Â

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:		3,485,823		0.05%		20,168,738		0.29%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		18,692,702		0.27%		1,106,894		0.02%
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:
				23,178,525		0.33%		23,275,632		0.34%
											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		41.8000 HKD
ORD		Purchase		200		41.2000 HKD
ORD		Purchase		400		3.4295 GBP
ORD		Purchase		700		41.5500 HKD
ORD		Purchase		1,066		3.4235 GBP
ORD		Purchase		1,440		3.4645 GBP
ORD		Purchase		2,000		41.6500 HKD
ORD		Purchase		2,245		3.4140 GBP
ORD		Purchase		3,000		41.7500 HKD
ORD		Purchase		3,006		3.4055 GBP
ORD		Purchase		3,210		3.4510 GBP
ORD		Purchase		5,100		41.7000 HKD
ORD		Purchase		8,862		3.4433 GBP
ORD		Purchase		11,458		3.4211 GBP
ORD		Purchase		11,944		3.4437 GBP
ORD		Purchase		12,080		3.4210 GBP
ORD		Purchase		20,711		3.4172 GBP
ORD		Purchase		37,422		3.4224 GBP
ORD		Purchase		40,545		3.4506 GBP
ORD		Purchase		43,069		3.4499 GBP
ORD		Purchase		100,000		TRANSFER
ORD		Purchase		112,927		3.4483 GBP
ORD		Purchase		229,105		3.4519 GBP
ORD		Sale		13		3.4388 GBP
ORD		Sale		200		41.5000 HKD
ORD		Sale		300		41.6500 HKD
ORD		Sale		1,033		3.4526 GBP
ORD		Sale		1,795		3.4386 GBP
ORD		Sale		1,800		41.6000 HKD
ORD		Sale		2,900		3.4611 GBP
ORD		Sale		3,117		3.4463 GBP
ORD		Sale		6,517		3.4402 GBP
ORD		Sale		7,700		41.6623 HKD
ORD		Sale		18,400		3.4538 GBP
ORD		Sale		19,804		3.4499 GBP
ORD		Sale		26,551		3.4379 GBP
ORD		Sale		27,372		3.4558 GBP
ORD		Sale		32,163		3.4516 GBP
ORD		Sale		60,697		3.4517 GBP
ORD		Sale		69,837		3.4286 GBP
ORD		Sale		100,000		TRANSFER
ORD		Sale		139,262		3.4685 GBP
ORD		Sale		180,234		3.4539 GBP
ORD		Sale		190,360		3.4439 GBP
ORD (traded as ADR)		Purchase		4,400		10.8263 USD
ORD (traded as ADR)		Sale		4,400		10.8263 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		SWAP		Long		13		3.4387 GBP
ORD		CFD		Long		1,795		3.4386 GBP
ORD		SWAP		Long		1,900		3.4561 GBP
ORD		CFD		Long		2,000		41.5400 HKD
ORD		CFD		Long		7,486		3.4495 GBP
ORD		CFD		Long		7,735		3.4213 GBP
ORD		CFD		Long		8,306		3.4145 GBP
ORD		SWAP		Long		9,908		3.4500 GBP
ORD		SWAP		Long		50,563		3.4524 GBP
ORD		CFD		Long		51,567		3.4556 GBP
ORD		CFD		Long		100,000		41.3000 HKD
ORD		CFD		Long		150,730		3.4380 GBP
ORD		CFD		Short		100		41.8502 HKD
ORD		SWAP		Short		400		3.4295 GBP
ORD		CFD		Short		2,000		3.4179 GBP
ORD		CFD		Short		3,000		41.8001 HKD
ORD		CFD		Short		10,885		3.4610 GBP
ORD		CFD		Short		51,567		3.4183 GBP
ORD		CFD		Short		100,000		3.3900 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 Â

Date of disclosure:	Â	14 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].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

143221.01

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 person whose open positions are being disclosed:	Â	BARCLAYS CAPITAL SECURITIES LTD
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		GLENCORE INTL PLC

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

15 Aug 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

15 Aug 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

15 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.