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	4 September 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:		1,736,121		0.03%		26,805,324		0.39%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		23,061,114		0.33%		397,232		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:
				29,661,035		0.43%		37,702,556		0.54%
											Â
Class of relevant security:		Â		Convertible Bond XS0475310396		Â		Â		Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		6,500,000		0.28%		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		0.28%		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		200		47.5500 HKD
ORD		Purchase		200		47.7500 HKD
ORD		Purchase		1,900		47.3500 HKD
ORD		Purchase		2,100		47.2500 HKD
ORD		Purchase		4,700		47.2000 HKD
ORD		Purchase		5,136		3.8503 GBP
ORD		Purchase		6,600		47.9500 HKD
ORD		Purchase		6,900		47.3000 HKD
ORD		Purchase		10,000		47.6500 HKD
ORD		Purchase		15,273		3.8298 GBP
ORD		Purchase		16,023		3.8618 GBP
ORD		Purchase		20,832		3.8523 GBP
ORD		Purchase		28,000		47.8500 HKD
ORD		Purchase		33,323		3.8511 GBP
ORD		Purchase		37,281		3.8642 GBP
ORD		Purchase		40,719		3.8656 GBP
ORD		Purchase		50,000		3.8530 GBP
ORD		Purchase		57,100		47.6000 HKD
ORD		Purchase		145,834		3.8583 GBP
ORD		Purchase		157,491		3.8423 GBP
ORD		Purchase		188,858		3.8582 GBP
ORD		Purchase		638,992		3.8558 GBP
ORD		Purchase		830,257		3.8516 GBP
ORD		Sale		100		3.8265 GBP
ORD		Sale		404		3.8251 GBP
ORD		Sale		1,656		3.8825 GBP
ORD		Sale		1,798		3.8736 GBP
ORD		Sale		5,136		3.8507 GBP
ORD		Sale		10,561		3.8769 GBP
ORD		Sale		20,027		3.8524 GBP
ORD		Sale		26,246		3.8497 GBP
ORD		Sale		42,361		3.8656 GBP
ORD		Sale		44,634		3.8731 GBP
ORD		Sale		54,917		3.8556 GBP
ORD		Sale		63,674		3.8587 GBP
ORD		Sale		111,864		3.8575 GBP
ORD		Sale		116,202		3.8558 GBP
ORD		Sale		117,700		47.6396 HKD
ORD		Sale		133,227		3.8586 GBP
ORD		Sale		236,864		3.8596 GBP
ORD		Sale		252,917		3.8588 GBP
ORD		Sale		340,559		3.8595 GBP
ORD		Sale		453,866		3.8537 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		1,400		3.8553 GBP
ORD		CFD		Long		5,423		3.8740 GBP
ORD		CFD		Long		9,803		3.8213 GBP
ORD		CFD		Long		10,070		3.8906 GBP
ORD		CFD		Long		18,800		3.8393 GBP
ORD		CFD		Long		29,663		3.8717 GBP
ORD		CFD		Long		33,502		3.8756 GBP
ORD		CFD		Long		38,280		3.8815 GBP
ORD		CFD		Long		79,832		3.8779 GBP
ORD		CFD		Short		1,500		3.8329 GBP
ORD		CFD		Short		33,478		3.8644 GBP
ORD		CFD		Short		38,280		3.8815 GBP
ORD		CFD		Short		79,832		3.8407 GBP
ORD		CFD		Short		146,813		3.8579 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	5 Sep 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

Call Options

Purchased

363,800

4.1000

European

16 Oct 2012

ORD

Put Options

Purchased

1,000,000

3.0000

American

6 Sep 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

6 Sep 2012

ORD

Put Options

Written

-2,500,000

2.6000

American

6 Sep 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

6 Sep 2012

ORD

Call Options

Purchased

2,500,000

3.6000

American

6 Sep 2012

ORD

Call Options

Written

-1,000,000

3.6000

American

6 Sep 2012

ORD

Call Options

Written

-2,500,000

3.8000

American

6 Sep 2012

ORD

Call Options

Written

-2,500,000

4.0000

American

6 Sep 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

6 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.

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.