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	2 May 2013
(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:		17,569,655		0.25%		21,264,848		0.30%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		39,269,967		0.55%		12,718,451		0.18%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,024,491		0.01%		2,592,500		0.04%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				57,864,113		0.82%		36,575,799		0.52%
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:		3,400,000		0.15%		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:
				3,400,000		0.15%		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		59		3.2891 GBP
ORD		Purchase		100		37.2000 HKD
ORD		Purchase		100		37.3000 HKD
ORD		Purchase		118		3.2400 GBP
ORD		Purchase		189		3.1536 GBP
ORD		Purchase		308		3.2444 GBP
ORD		Purchase		442		3.1285 GBP
ORD		Purchase		500		37.6000 HKD
ORD		Purchase		1,076		3.1200 GBP
ORD		Purchase		1,543		3.2297 GBP
ORD		Purchase		2,110		3.2405 GBP
ORD		Purchase		2,135		3.2293 GBP
ORD		Purchase		2,497		3.2169 GBP
ORD		Purchase		2,598		3.1926 GBP
ORD		Purchase		3,013		3.1701 GBP
ORD		Purchase		3,050		3.1979 GBP
ORD		Purchase		3,050		3.1981 GBP
ORD		Purchase		3,190		3.1853 GBP
ORD		Purchase		3,233		3.2003 GBP
ORD		Purchase		3,233		3.2007 GBP
ORD		Purchase		3,480		3.2393 GBP
ORD		Purchase		4,401		3.2439 GBP
ORD		Purchase		4,800		37.4500 HKD
ORD		Purchase		4,941		3.1588 GBP
ORD		Purchase		5,288		3.1775 GBP
ORD		Purchase		5,730		3.1901 GBP
ORD		Purchase		6,517		3.1593 GBP
ORD		Purchase		6,841		3.2039 GBP
ORD		Purchase		7,137		3.2151 GBP
ORD		Purchase		8,402		3.2494 GBP
ORD		Purchase		9,354		3.2501 GBP
ORD		Purchase		10,101		3.2396 GBP
ORD		Purchase		10,917		3.2409 GBP
ORD		Purchase		10,986		3.1654 GBP
ORD		Purchase		15,091		3.2441 GBP
ORD		Purchase		15,189		3.1589 GBP
ORD		Purchase		15,552		3.2323 GBP
ORD		Purchase		15,800		37.5500 HKD
ORD		Purchase		17,906		3.2341 GBP
ORD		Purchase		19,288		3.2309 GBP
ORD		Purchase		19,538		3.2127 GBP
ORD		Purchase		20,898		3.1758 GBP
ORD		Purchase		21,066		3.2403 GBP
ORD		Purchase		22,475		3.2419 GBP
ORD		Purchase		27,839		3.2070 GBP
ORD		Purchase		28,537		3.2203 GBP
ORD		Purchase		30,900		37.5000 HKD
ORD		Purchase		31,097		3.2092 GBP
ORD		Purchase		32,330		3.1709 GBP
ORD		Purchase		35,270		3.1597 GBP
ORD		Purchase		40,023		3.2582 GBP
ORD		Purchase		41,962		3.2729 GBP
ORD		Purchase		43,096		3.2220 GBP
ORD		Purchase		44,209		3.2443 GBP
ORD		Purchase		44,499		3.2261 GBP
ORD		Purchase		44,630		3.2243 GBP
ORD		Purchase		46,982		3.1948 GBP
ORD		Purchase		48,800		3.2126 GBP
ORD		Purchase		50,294		3.1806 GBP
ORD		Purchase		50,387		3.2657 GBP
ORD		Purchase		51,728		3.2442 GBP
ORD		Purchase		56,254		3.2212 GBP
ORD		Purchase		61,192		3.2373 GBP
ORD		Purchase		63,433		3.1577 GBP
ORD		Purchase		65,000		3.2892 GBP
ORD		Purchase		65,364		3.2299 GBP
ORD		Purchase		65,600		38.0263 HKD
ORD		Purchase		67,783		3.2005 GBP
ORD		Purchase		72,727		3.1967 GBP
ORD		Purchase		74,310		3.2010 GBP
ORD		Purchase		76,134		3.2137 GBP
ORD		Purchase		79,845		3.2562 GBP
ORD		Purchase		80,776		3.2094 GBP
ORD		Purchase		81,959		3.1974 GBP
ORD		Purchase		82,401		3.2240 GBP
ORD		Purchase		82,560		3.2097 GBP
ORD		Purchase		84,073		3.2006 GBP
ORD		Purchase		88,763		3.2155 GBP
ORD		Purchase		88,861		3.2596 GBP
ORD		Purchase		92,405		3.1646 GBP
ORD		Purchase		92,826		3.1975 GBP
ORD		Purchase		98,592		3.2096 GBP
ORD		Purchase		103,056		3.1960 GBP
ORD		Purchase		108,256		3.2011 GBP
ORD		Purchase		113,116		3.2239 GBP
ORD		Purchase		116,514		3.2052 GBP
ORD		Purchase		132,116		3.1763 GBP
ORD		Purchase		150,553		3.2878 GBP
ORD		Purchase		165,532		3.1931 GBP
ORD		Purchase		167,030		3.2090 GBP
ORD		Purchase		169,963		3.2098 GBP
ORD		Purchase		195,371		3.2742 GBP
ORD		Purchase		229,692		3.1953 GBP
ORD		Purchase		244,818		3.1946 GBP
ORD		Purchase		263,359		3.3231 GBP
ORD		Purchase		268,793		3.2143 GBP
ORD		Purchase		273,441		3.1941 GBP
ORD		Purchase		279,834		3.2233 GBP
ORD		Purchase		336,598		3.2023 GBP
ORD		Purchase		341,649		3.1360 GBP
ORD		Purchase		486,749		3.2211 GBP
ORD		Purchase		604,032		3.2691 GBP
ORD		Purchase		642,497		3.1913 GBP
ORD		Purchase		998,136		3.2130 GBP
ORD		Purchase		1,018,263		3.1880 GBP
ORD		Purchase		1,438,535		3.3105 GBP
ORD		Purchase		2,643,296		3.1968 GBP
ORD		Purchase		3,000,000		3.3115 GBP
ORD		Purchase		40,869,865		TRANSFER
ORD		Sale		292		3.2502 GBP
ORD		Sale		887		3.2383 GBP
ORD		Sale		1,000		37.7000 HKD
ORD		Sale		1,200		3.3395 GBP
ORD		Sale		1,543		3.2297 GBP
ORD		Sale		1,703		3.2951 GBP
ORD		Sale		1,805		3.2143 GBP
ORD		Sale		1,829		3.1280 GBP
ORD		Sale		2,100		38.0500 HKD
ORD		Sale		2,100		38.1000 HKD
ORD		Sale		2,135		3.2293 GBP
ORD		Sale		2,183		3.1739 GBP
ORD		Sale		2,497		3.2169 GBP
ORD		Sale		2,500		37.9500 HKD
ORD		Sale		2,800		37.7500 HKD
ORD		Sale		3,050		3.1979 GBP
ORD		Sale		3,050		3.1981 GBP
ORD		Sale		3,190		3.1853 GBP
ORD		Sale		3,233		3.2007 GBP
ORD		Sale		3,400		38.1500 HKD
ORD		Sale		3,818		3.2889 GBP
ORD		Sale		3,870		3.2015 GBP
ORD		Sale		4,099		3.2581 GBP
ORD		Sale		4,251		3.2070 GBP
ORD		Sale		4,401		3.2439 GBP
ORD		Sale		4,481		3.3115 GBP
ORD		Sale		4,600		37.8500 HKD
ORD		Sale		5,117		3.2145 GBP
ORD		Sale		5,300		37.8000 HKD
ORD		Sale		5,477		3.1767 GBP
ORD		Sale		6,069		3.2067 GBP
ORD		Sale		6,517		3.1593 GBP
ORD		Sale		7,117		3.2792 GBP
ORD		Sale		7,200		37.9000 HKD
ORD		Sale		8,402		3.2494 GBP
ORD		Sale		9,354		3.2501 GBP
ORD		Sale		10,986		3.1654 GBP
ORD		Sale		11,113		3.1189 GBP
ORD		Sale		11,262		3.2837 GBP
ORD		Sale		11,899		3.3159 GBP
ORD		Sale		12,600		38.0000 HKD
ORD		Sale		13,880		3.2135 GBP
ORD		Sale		15,465		3.2020 GBP
ORD		Sale		19,538		3.2127 GBP
ORD		Sale		19,572		3.2308 GBP
ORD		Sale		20,130		3.1589 GBP
ORD		Sale		20,898		3.1758 GBP
ORD		Sale		21,184		3.2403 GBP
ORD		Sale		21,246		3.1721 GBP
ORD		Sale		21,753		3.3090 GBP
ORD		Sale		21,786		3.2113 GBP
ORD		Sale		22,475		3.2419 GBP
ORD		Sale		23,420		3.2216 GBP
ORD		Sale		23,802		3.1815 GBP
ORD		Sale		24,470		3.2758 GBP
ORD		Sale		25,016		3.2613 GBP
ORD		Sale		25,527		3.3123 GBP
ORD		Sale		26,321		3.2153 GBP
ORD		Sale		31,097		3.2092 GBP
ORD		Sale		31,500		38.2000 HKD
ORD		Sale		32,330		3.1709 GBP
ORD		Sale		35,270		3.1597 GBP
ORD		Sale		36,800		37.4940 HKD
ORD		Sale		40,080		3.2250 GBP
ORD		Sale		40,961		3.1969 GBP
ORD		Sale		43,096		3.2220 GBP
ORD		Sale		44,630		3.2243 GBP
ORD		Sale		45,108		3.2957 GBP
ORD		Sale		46,982		3.1948 GBP
ORD		Sale		49,551		3.2789 GBP
ORD		Sale		50,294		3.1806 GBP
ORD		Sale		51,728		3.2442 GBP
ORD		Sale		52,112		3.2958 GBP
ORD		Sale		53,878		3.2228 GBP
ORD		Sale		56,373		3.2165 GBP
ORD		Sale		58,743		3.2040 GBP
ORD		Sale		61,630		3.2785 GBP
ORD		Sale		63,433		3.1577 GBP
ORD		Sale		63,845		3.2599 GBP
ORD		Sale		68,176		3.1980 GBP
ORD		Sale		68,987		3.2003 GBP
ORD		Sale		71,159		3.1624 GBP
ORD		Sale		75,300		3.2436 GBP
ORD		Sale		79,844		3.2550 GBP
ORD		Sale		80,769		3.2660 GBP
ORD		Sale		82,401		3.2240 GBP
ORD		Sale		82,862		3.2010 GBP
ORD		Sale		100,000		3.2803 GBP
ORD		Sale		103,056		3.1960 GBP
ORD		Sale		103,083		3.3057 GBP
ORD		Sale		114,442		3.2516 GBP
ORD		Sale		115,828		3.2105 GBP
ORD		Sale		117,274		3.1388 GBP
ORD		Sale		126,197		3.2836 GBP
ORD		Sale		143,774		3.2062 GBP
ORD		Sale		145,844		3.2332 GBP
ORD		Sale		151,527		3.1931 GBP
ORD		Sale		163,747		3.1983 GBP
ORD		Sale		165,712		3.2098 GBP
ORD		Sale		271,273		3.2406 GBP
ORD		Sale		273,441		3.1941 GBP
ORD		Sale		300,921		3.2433 GBP
ORD		Sale		309,015		3.1893 GBP
ORD		Sale		316,179		3.2166 GBP
ORD		Sale		438,535		3.3080 GBP
ORD		Sale		522,941		3.2288 GBP
ORD		Sale		729,583		3.1913 GBP
ORD		Sale		757,679		3.2187 GBP
ORD		Sale		782,120		3.2023 GBP
ORD		Sale		998,136		3.2130 GBP
ORD		Sale		1,018,263		3.1880 GBP
ORD		Sale		1,103,781		3.3121 GBP
ORD		Sale		2,716,023		3.1968 GBP
ORD		Sale		3,175,371		3.1200 GBP
ORD		Sale		5,000,000		3.1145 GBP
ORD		Sale		7,874,381		TRANSFER
ORD (traded as ADR)		Purchase		4,000		10.2855 USD
ORD (traded as ADR)		Sale		4,000		10.2855 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		9,500		38.1436 HKD
ORD		SWAP		Long		9,561		3.2238 GBP
ORD		CFD		Long		15,400		3.1323 GBP
ORD		CFD		Long		22,527		3.1945 GBP
ORD		SWAP		Long		55,866		TRANSFER
ORD		SWAP		Long		80,769		3.2660 GBP
ORD		SWAP		Long		117,274		3.1388 GBP
ORD		CFD		Long		6,350,742		3.1200 GBP
ORD		CFD		Short		1,264		3.1362 GBP
ORD		CFD		Short		2,152		3.1200 GBP
ORD		CFD		Short		10,219		3.1355 GBP
ORD		CFD		Short		14,057		3.1708 GBP
ORD		CFD		Short		15,400		37.5951 HKD
ORD		SWAP		Short		101,915		3.2115 GBP
ORD		CFD		Short		147,026		3.2064 GBP
ORD		SWAP		Short		2,220,540		3.1590 GBP
ORD		SWAP		Short		8,593,182		TRANSFER

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class

Â

Product

Â

Writing,

Â

Number

Â

Exercise

Â

Type

Â

Expiry

Â

Option

of

description

purchasing,

of

price

date

money

relevant

selling,

securities

per unit

paid/

security

varying etc

to which

received

option

per unit

Â

Â

Â

relates

Â

Â

Â

Â

ORD

Call Options

Purchasing

688,796

3.6179 GBP

Europe

16 May 2013

TRANSFER

ORD

Call Options

Purchasing

688,386

3.8971 GBP

Europe

24 Sep 2013

TRANSFER

ORD

Call Options

Selling

344,398

3.6179 GBP

Europe

16 May 2013

TRANSFER

ORD

Call Options

Selling

344,193

3.8971 GBP

Europe

24 Sep 2013

TRANSFER

ORD

Put Options

Selling

762,500

2.36 GBP

American

20 Dec 2013

0.3344 GBP

ORD

Put Options

Selling

1,830,000

2.69 GBP

American

20 Jun 2014

0.5409 GBP

(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	3 May 2013
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].

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

Call Options

Purchased

512,398

3.6179

European

16 May 2013

ORD

Call Options

Purchased

512,093

3.8971

European

24 Sep 2013

ORD

Put Options

Written

-762,500

2.3600

American

4 May 2013

ORD

Put Options

Written

-1,830,000

2.6900

American

4 May 2013

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.