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)	Â	Name of exempt principal trader:	Â	BARCLAYS CAPITAL SECURITIES LTD
(b)		Name of offeror/offeree in relation to whose		GLENCORE INTL PLC
Â		relevant securities this form relates:		Â
(c)		Name of the party to the offer with which exempt		Advisor to Offeree
Â		principal trader is connected		Â
(d)		Date position held/dealing undertaken:		3 September 2012
(e)		Has the EPT previously disclosed, or is it		YES:
		today disclosing, under the Code in respect
Â		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:	Â	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests				Short Positions
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,675,550		0.02%		26,817,759		0.39%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		23,195,668		0.34%		398,656		0.01%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		4,863,800		0.07%		10,500,000		0.15%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				29,735,018		0.43%		37,716,415		0.54%
											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:		6,500,000		0.09%		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:
				6,500,000		0.09%		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		1,800,000		124.7500 USD
ORD		Purchase		846		3.8198 GBP
ORD		Purchase		2,100		46.9000 HKD
ORD		Purchase		5,000		46.9500 HKD
ORD		Purchase		8,000		47.0500 HKD
ORD		Purchase		11,238		3.8223 GBP
ORD		Purchase		12,100		47.1000 HKD
ORD		Purchase		18,200		47.0000 HKD
ORD		Purchase		19,995		3.8250 GBP
ORD		Purchase		25,882		3.8291 GBP
ORD		Purchase		72,582		3.8312 GBP
ORD		Purchase		105,000		3.8189 GBP
ORD		Purchase		110,443		3.8292 GBP
ORD		Purchase		139,262		3.8500 GBP
ORD		Purchase		215,731		3.8222 GBP
ORD		Purchase		309,044		3.8218 GBP
ORD		Purchase		351,806		3.8561 GBP
ORD		Purchase		500,000		3.8123 GBP
ORD		Purchase		570,293		3.8263 GBP
ORD		Purchase		748,547		3.8304 GBP
ORD		Sale		800		47.2000 HKD
ORD		Sale		987		3.8275 GBP
ORD		Sale		2,054		3.8640 GBP
ORD		Sale		4,176		3.8187 GBP
ORD		Sale		4,610		3.8326 GBP
ORD		Sale		14,494		3.8277 GBP
ORD		Sale		18,115		3.8209 GBP
ORD		Sale		21,793		3.7977 GBP
ORD		Sale		24,187		3.8182 GBP
ORD		Sale		25,125		3.8200 GBP
ORD		Sale		29,906		3.8181 GBP
ORD		Sale		34,436		3.8214 GBP
ORD		Sale		45,400		47.0253 HKD
ORD		Sale		57,028		3.8191 GBP
ORD		Sale		74,932		3.8258 GBP
ORD		Sale		93,706		3.8218 GBP
ORD		Sale		114,187		3.8324 GBP
ORD		Sale		177,494		3.8264 GBP
ORD		Sale		200,000		3.8248 GBP
ORD		Sale		210,000		3.6833 GBP
ORD		Sale		211,485		3.8272 GBP
ORD		Sale		216,328		3.8455 GBP
ORD		Sale		225,172		3.8500 GBP
ORD		Sale		249,013		3.8146 GBP
ORD		Sale		368,148		3.8297 GBP
ORD		Sale		384,919		3.8255 GBP
ORD		Sale		431,194		3.8344 GBP
ORD		Sale		440,000		3.8383 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		CFD		Long		800		47.1402 HKD
ORD		SWAP		Long		2,000		3.8200 GBP
ORD		SWAP		Long		2,054		3.8640 GBP
ORD		SWAP		Long		7,300		3.8461 GBP
ORD		CFD		Long		14,179		3.8155 GBP
ORD		SWAP		Long		21,793		3.7977 GBP
ORD		CFD		Long		44,998		3.8264 GBP
ORD		CFD		Long		201,301		3.8294 GBP
ORD		CFD		Long		210,000		3.6833 GBP
ORD		SWAP		Long		225,172		3.8500 GBP
ORD		CFD		Long		250,000		3.8398 GBP
ORD		CFD		Long		440,000		3.8383 GBP
ORD		CFD		Short		114		3.8004 GBP
ORD		CFD		Short		2,344		3.7999 GBP
ORD		CFD		Short		14,995		3.8028 GBP
ORD		CFD		Short		18,690		3.8232 GBP
ORD		CFD		Short		32,512		3.8245 GBP
ORD		CFD		Short		44,998		3.8096 GBP
ORD		SWAP		Short		56,850		3.8290 GBP
ORD		SWAP		Short		183,025		3.8300 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

Date of disclosure:	Â	4 Sep 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].

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

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

363,800

4.1000

European

16 Oct 2012

ORD

Put Options

Purchased

1,000,000

3.0000

American

5 Sep 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

5 Sep 2012

ORD

Put Options

Written

-2,500,000

2.6000

American

5 Sep 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

5 Sep 2012

ORD

Call Options

Purchased

2,500,000

3.6000

American

5 Sep 2012

ORD

Call Options

Written

-1,000,000

3.6000

American

5 Sep 2012

ORD

Call Options

Written

-2,500,000

3.8000

American

5 Sep 2012

ORD

Call Options

Written

-2,500,000

4.0000

American

5 Sep 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

5 Sep 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.