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:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose GLENCORE INTL PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeree
  principal trader is connected  
(d) Date position held/dealing undertaken: 29 August 2012
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect
  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:   ORD
  Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
and/or controlled: 2,647,481 0.04% 23,183,379 0.33%
           
(2) Derivatives (other than
options): 21,551,120 0.31% 1,121,279 0.02%
           
(3) Options and agreements to
purchase/sell: 4,863,800 0.07% 10,500,000 0.15%
           
(4) TOTAL:
29,062,401 0.42% 34,804,658 0.50%
 
Class of relevant security: Convertible Bond XS0475310396
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 5,700,000 0.25% 0 0.00%
           
(2) Derivatives (other than
options): 0 0.00% 0 0.00%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4) TOTAL:
5,700,000 0.25% 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:  
Details, including nature of the rights concerned and relevant percentages:  

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   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 900 45.6000 HKD
ORD Purchase 1,000 45.0000 HKD
ORD Purchase 1,600 44.8500 HKD
ORD Purchase 2,200 45.2500 HKD
ORD Purchase 2,500 45.7000 HKD
ORD Purchase 2,930 3.6874 GBP
ORD Purchase 3,000 46.3000 HKD
ORD Purchase 3,100 45.2000 HKD
ORD Purchase 3,800 46.4000 HKD
ORD Purchase 5,000 46.3500 HKD
ORD Purchase 5,200 45.7500 HKD
ORD Purchase 5,400 46.2500 HKD
ORD Purchase 7,825 3.6929 GBP
ORD Purchase 9,500 45.5500 HKD
ORD Purchase 10,655 3.7090 GBP
ORD Purchase 16,283 3.7127 GBP
ORD Purchase 19,420 3.7279 GBP
ORD Purchase 20,300 45.8000 HKD
ORD Purchase 29,161 3.7121 GBP
ORD Purchase 31,303 3.7085 GBP
ORD Purchase 40,000 46.2000 HKD
ORD Purchase 40,100 45.8500 HKD
ORD Purchase 46,420 3.7096 GBP
ORD Purchase 51,800 3.7255 GBP
ORD Purchase 65,397 3.7043 GBP
ORD Purchase 105,303 3.7123 GBP
ORD Purchase 110,946 3.7187 GBP
ORD Purchase 137,963 3.7130 GBP
ORD Purchase 165,500 3.7163 GBP
ORD Purchase 291,320 3.6987 GBP
ORD Purchase 438,225 3.7065 GBP
ORD Purchase 530,605 3.7168 GBP
ORD Sale 100 45.7500 HKD
ORD Sale 200 45.5000 HKD
ORD Sale 400 45.2500 HKD
ORD Sale 400 45.4500 HKD
ORD Sale 500 46.2500 HKD
ORD Sale 600 3.7335 GBP
ORD Sale 1,000 45.6000 HKD
ORD Sale 1,066 3.6978 GBP
ORD Sale 1,209 3.7180 GBP
ORD Sale 2,000 3.7565 GBP
ORD Sale 3,722 3.7146 GBP
ORD Sale 5,914 3.7112 GBP
ORD Sale 8,519 3.7365 GBP
ORD Sale 10,000 3.6927 GBP
ORD Sale 10,000 45.2000 HKD
ORD Sale 10,000 45.8000 HKD
ORD Sale 10,200 45.9000 HKD
ORD Sale 11,540 3.7246 GBP
ORD Sale 19,494 3.7076 GBP
ORD Sale 19,907 3.7025 GBP
ORD Sale 20,976 3.7412 GBP
ORD Sale 21,124 3.7129 GBP
ORD Sale 40,000 46.2000 HKD
ORD Sale 53,666 3.7072 GBP
ORD Sale 60,806 3.7162 GBP
ORD Sale 61,621 3.7343 GBP
ORD Sale 73,594 3.7120 GBP
ORD Sale 74,701 3.7036 GBP
ORD Sale 74,901 3.7625 GBP
ORD Sale 101,900 45.8395 HKD
ORD Sale 104,811 3.7496 GBP
ORD Sale 123,603 3.7168 GBP
ORD Sale 249,875 3.7145 GBP
ORD Sale 301,070 3.7050 GBP
ORD Sale 374,064 3.7311 GBP
ORD Sale 509,489 3.7088 GBP
ORD Sale 525,000 3.7600 GBP

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 200 45.4454 HKD
ORD CFD Long 200 45.8419 HKD
ORD SWAP Long 600 3.7685 GBP
ORD SWAP Long 2,600 3.7511 GBP
ORD CFD Long 10,000 3.6924 GBP
ORD CFD Long 32,300 45.5800 HKD
ORD CFD Long 41,557 3.7475 GBP
ORD CFD Long 100,000 3.7649 GBP
ORD CFD Long 110,226 3.7413 GBP
ORD CFD Long 243,352 3.7385 GBP
ORD SWAP Short 1,200 3.7069 GBP
ORD CFD Short 1,600 44.9067 HKD
ORD CFD Short 975 3.7846 GBP
ORD CFD Short 25,319 3.7225 GBP
ORD SWAP Short 25,846 3.7104 GBP
ORD CFD Short 32,300 3.7234 GBP
ORD CFD Short 50,000 3.7155 GBP
ORD CFD Short 110,226 3.7117 GBP
ORD SWAP Short 151,723 3.7115 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class   Product   Writing,   Number   Exercise   Type   Expiry   Option
of description purchasing, of price date money
relevant selling, securities per unit paid/
security varying etc to which received
option per unit
      relates        
ORD Call Option Purchasing 2,500,000 4 GBP American 21 Sep 2012 4.0000 GBP
ORD Call Option Purchasing 5,000,000 3.8 GBP American 21 Sep 2012 9.7500 GBP
ORD Call Option Selling 2,500,000 3.8 GBP American 21 Sep 2012 9.7500 GBP
ORD Call Option Selling 5,000,000 4 GBP American 21 Sep 2012 4.0000 GBP

(ii) Exercising

Class of relevant security   Product description

e.g. call option

  Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   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?   YES
Date of disclosure: 30 Aug 2012
Contact name: Geoff Smith
Telephone number: 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 monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

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   BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:  
Name of offeror/offeree in relation to whose GLENCORE INTL PLC
relevant securities this from relates:  

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Call Options Purchased 363,800 4.1000 European 16 Oct 2012
ORD Put Options Purchased 1,000,000 3.0000 American 31 Aug 2012
ORD Put Options Purchased 1,000,000 3.2000 American 31 Aug 2012
ORD Put Options Written -2,500,000 2.6000 American 31 Aug 2012
ORD Put Options Written -1,000,000 4.8000 American 31 Aug 2012
ORD Call Options Purchased 2,500,000 3.6000 American 31 Aug 2012
ORD Call Options Written -1,000,000 3.6000 American 31 Aug 2012
ORD Call Options Written -2,500,000 3.8000 American 31 Aug 2012
ORD Call Options Written -2,500,000 4.0000 American 31 Aug 2012
ORD Call Options Written -1,000,000 4.8000 American 31 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 +44 (0)20 7638 0129.

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

Companies

Glencore (GLEN)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today