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	23 April 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		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		949,569		0.01%		11,135,465		0.16%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		10,354,684		0.15%		375,691		0.01%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		850,000		0.01%		2,325,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				11,304,253		0.18%		13,837,056		0.20%
											Â
											Â
Class of relevant security:		Â		Convertible Bond		Â		Â		Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,500,000		0.07%		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:
				1,500,000		0.07%		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		66		4.1365 GBP
ORD		Purchase		203		4.0953 GBP
ORD		Purchase		1,300		4.0847 GBP
ORD		Purchase		3,255		4.0810 GBP
ORD		Purchase		9,575		4.1153 GBP
ORD		Purchase		17,277		4.1356 GBP
ORD		Purchase		19,400		52.1113 HKD
ORD		Purchase		37,389		4.1378 GBP
ORD		Purchase		53,432		4.1150 GBP
ORD		Purchase		53,432		4.1420 GBP
ORD		Purchase		61,203		4.0937 GBP
ORD		Purchase		71,613		4.1374 GBP
ORD		Purchase		106,864		4.1490 GBP
ORD		Purchase		147,472		4.1339 GBP
ORD		Purchase		285,545		4.1342 GBP
ORD		Purchase		493,709		4.1298 GBP
ORD		Purchase		945,000		4.1317 GBP
ORD		Sale		100		51.3500 HKD
ORD		Sale		100		51.6500 HKD
ORD		Sale		100		52.5000 HKD
ORD		Sale		100		52.6500 HKD
ORD		Sale		200		51.4500 HKD
ORD		Sale		300		51.8500 HKD
ORD		Sale		300		52.4000 HKD
ORD		Sale		671		4.1400 GBP
ORD		Sale		1,100		52.0000 HKD
ORD		Sale		1,400		51.7500 HKD
ORD		Sale		1,400		52.0500 HKD
ORD		Sale		1,401		4.1405 GBP
ORD		Sale		1,500		4.1464 GBP
ORD		Sale		2,000		4.0850 GBP
ORD		Sale		2,200		51.6000 HKD
ORD		Sale		3,525		4.1554 GBP
ORD		Sale		6,820		4.1230 GBP
ORD		Sale		8,170		4.1401 GBP
ORD		Sale		17,480		4.1352 GBP
ORD		Sale		18,200		51.8000 HKD
ORD		Sale		19,946		4.1231 GBP
ORD		Sale		23,100		52.2000 HKD
ORD		Sale		36,603		4.1409 GBP
ORD		Sale		45,344		4.1418 GBP
ORD		Sale		50,345		4.1350 GBP
ORD		Sale		59,825		4.1186 GBP
ORD		Sale		62,093		4.1421 GBP
ORD		Sale		62,176		4.0855 GBP
ORD		Sale		65,709		4.1159 GBP
ORD		Sale		224,885		4.1407 GBP
ORD		Sale		298,292		4.1289 GBP
ORD		Sale		301,681		4.1236 GBP
ORD		Sale		326,072		4.1450 GBP
ORD		Sale		442,221		4.1367 GBP
ORD (traded as ADR)		Purchase		520		13.4500 USD
ORD (traded as ADR)		Sale		520		13.4500 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		1,600		51.8814 HKD
ORD		CFD		Long		8,170		4.1401 GBP
ORD		CFD		Long		27,500		51.8537 HKD
ORD		CFD		Long		53,790		4.0838 GBP
ORD		CFD		Long		111,518		4.1402 GBP
ORD		CFD		Short		27,500		4.1440 GBP
ORD		CFD		Short		51,032		4.0973 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	24 Apr 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 7116 2913

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

600,000

3.7500

European

24 Apr 2012

ORD

Put Options

Purchased

250,000

4.4000

American

25 Apr 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

25 Apr 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-250,000

4.6000

American

25 Apr 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

25 Apr 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].

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.