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	31 January 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:		2,939,858		0.04%		45,204,687		0.64%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		43,058,460		0.61%		506,167		0.01%
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:
				45,998,318		0.65%		45,710,854		0.64%
											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:		6,200,000		0.32%		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:
				6,200,000		0.32%		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
Convertible Bond		Purchase		3,000,000		127.0000 USD
Convertible Bond		Sale		3,000,000		127.0000 USD
ORD		Purchase		500		3.9570 GBP
ORD		Purchase		642		3.9380 GBP
ORD		Purchase		1,976		3.9577 GBP
ORD		Purchase		6,384		3.9468 GBP
ORD		Purchase		7,800		47.9294 HKD
ORD		Purchase		10,499		3.9345 GBP
ORD		Purchase		13,874		3.9552 GBP
ORD		Purchase		21,400		3.9443 GBP
ORD		Purchase		28,591		3.9534 GBP
ORD		Purchase		31,617		3.9435 GBP
ORD		Purchase		45,000		3.9371 GBP
ORD		Purchase		67,116		3.9500 GBP
ORD		Purchase		90,920		3.9512 GBP
ORD		Purchase		126,634		3.9511 GBP
ORD		Purchase		315,800		3.9387 GBP
ORD		Purchase		339,288		3.9525 GBP
ORD		Purchase		503,247		3.9504 GBP
ORD		Sale		600		3.9510 GBP
ORD		Sale		800		48.0000 HKD
ORD		Sale		2,000		3.9365 GBP
ORD		Sale		2,000		48.1000 HKD
ORD		Sale		2,059		3.9345 GBP
ORD		Sale		2,397		3.9432 GBP
ORD		Sale		3,809		3.9599 GBP
ORD		Sale		4,878		3.9497 GBP
ORD		Sale		5,000		47.8500 HKD
ORD		Sale		5,647		3.9424 GBP
ORD		Sale		7,421		3.9370 GBP
ORD		Sale		7,870		3.9488 GBP
ORD		Sale		9,603		3.9368 GBP
ORD		Sale		10,500		3.9560 GBP
ORD		Sale		11,838		3.9513 GBP
ORD		Sale		15,460		3.9440 GBP
ORD		Sale		26,243		3.9566 GBP
ORD		Sale		33,654		3.9452 GBP
ORD		Sale		34,834		3.9508 GBP
ORD		Sale		36,596		3.9350 GBP
ORD		Sale		71,779		3.9498 GBP
ORD		Sale		110,160		3.9503 GBP
ORD		Sale		206,599		3.9527 GBP
ORD		Sale		299,500		3.9517 GBP
ORD		Sale		350,000		3.9553 GBP

(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		1,500		3.9571 GBP
ORD		CFD		Long		2,496		3.9433 GBP
ORD		SWAP		Long		6,100		3.9545 GBP
ORD		CFD		Long		16,240		3.9453 GBP
ORD		CFD		Long		23,232		3.9419 GBP
ORD		SWAP		Long		36,743		3.9564 GBP
ORD		CFD		Long		50,646		3.9428 GBP
ORD		CFD		Short		3,166		3.9440 GBP
ORD		SWAP		Short		4,200		3.9420 GBP
ORD		SWAP		Short		6,384		3.9468 GBP
ORD		SWAP		Short		53,017		3.9438 GBP
ORD		CFD		Short		84,696		3.9521 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

NO

Date of disclosure:	Â	1 Feb 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.