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	7 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:		3,808,788		0.06%		30,295,120		0.44%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		27,375,401		0.40%		1,884,493		0.03%
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:
				36,047,989		0.52%		42,679,613		0.62%
											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:		4,500,000		0.20%		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:
				4,500,000		0.20%		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		Sale		1,000,000		123.1500 USD
Convertible Bond		Sale		1,000,000		123.2500 USD
ORD		Purchase		100		46.9000 HKD
ORD		Purchase		100		47.3500 HKD
ORD		Purchase		100		47.6000 HKD
ORD		Purchase		100		47.8500 HKD
ORD		Purchase		100		48.9000 HKD
ORD		Purchase		200		45.4500 HKD
ORD		Purchase		200		46.0000 HKD
ORD		Purchase		200		48.7500 HKD
ORD		Purchase		300		46.6000 HKD
ORD		Purchase		400		47.5000 HKD
ORD		Purchase		500		47.4500 HKD
ORD		Purchase		500		48.5000 HKD
ORD		Purchase		900		48.6000 HKD
ORD		Purchase		1,014		3.8539 GBP
ORD		Purchase		1,339		3.7016 GBP
ORD		Purchase		1,700		48.0000 HKD
ORD		Purchase		2,200		47.4000 HKD
ORD		Purchase		2,800		47.0500 HKD
ORD		Purchase		2,800		48.1500 HKD
ORD		Purchase		2,862		3.7805 GBP
ORD		Purchase		4,020		3.7454 GBP
ORD		Purchase		4,862		3.7978 GBP
ORD		Purchase		5,157		3.7539 GBP
ORD		Purchase		5,508		3.8043 GBP
ORD		Purchase		6,200		46.8000 HKD
ORD		Purchase		7,466		3.7524 GBP
ORD		Purchase		8,348		3.7719 GBP
ORD		Purchase		9,520		3.7413 GBP
ORD		Purchase		9,568		3.7636 GBP
ORD		Purchase		10,000		46.5000 HKD
ORD		Purchase		13,408		3.7537 GBP
ORD		Purchase		20,900		48.8500 HKD
ORD		Purchase		25,100		48.8000 HKD
ORD		Purchase		25,824		3.7571 GBP
ORD		Purchase		25,955		3.8115 GBP
ORD		Purchase		38,628		3.7767 GBP
ORD		Purchase		50,000		3.7284 GBP
ORD		Purchase		75,781		3.7745 GBP
ORD		Purchase		91,716		3.7633 GBP
ORD		Purchase		94,400		3.7427 GBP
ORD		Purchase		152,500		3.7709 GBP
ORD		Purchase		156,489		3.7723 GBP
ORD		Purchase		170,487		3.7654 GBP
ORD		Purchase		232,000		3.7463 GBP
ORD		Purchase		250,000		3.8619 GBP
ORD		Purchase		304,692		3.7615 GBP
ORD		Purchase		470,000		3.7530 GBP
ORD		Purchase		500,000		3.7304 GBP
ORD		Purchase		511,000		3.7923 GBP
ORD		Purchase		565,000		3.7471 GBP
ORD		Purchase		945,884		3.7639 GBP
ORD		Purchase		1,067,500		3.7778 GBP
ORD		Purchase		1,135,711		3.7536 GBP
ORD		Purchase		1,150,000		3.7437 GBP
ORD		Sale		100		45.3500 HKD
ORD		Sale		100		46.3500 HKD
ORD		Sale		100		46.4500 HKD
ORD		Sale		100		47.5500 HKD
ORD		Sale		100		47.8500 HKD
ORD		Sale		124		3.8295 GBP
ORD		Sale		200		45.5000 HKD
ORD		Sale		200		46.9000 HKD
ORD		Sale		200		48.8000 HKD
ORD		Sale		302		3.9735 GBP
ORD		Sale		500		46.5000 HKD
ORD		Sale		500		47.0000 HKD
ORD		Sale		500		47.6500 HKD
ORD		Sale		500		47.7000 HKD
ORD		Sale		600		3.7331 GBP
ORD		Sale		600		47.5000 HKD
ORD		Sale		800		47.6000 HKD
ORD		Sale		1,000		45.9000 HKD
ORD		Sale		1,000		47.8000 HKD
ORD		Sale		1,066		3.7900 GBP
ORD		Sale		1,100		48.4500 HKD
ORD		Sale		1,900		47.7500 HKD
ORD		Sale		2,800		47.4500 HKD
ORD		Sale		3,000		46.0000 HKD
ORD		Sale		3,200		48.1500 HKD
ORD		Sale		3,288		3.7703 GBP
ORD		Sale		3,800		48.0000 HKD
ORD		Sale		4,000		47.0500 HKD
ORD		Sale		4,020		3.7516 GBP
ORD		Sale		4,868		3.7409 GBP
ORD		Sale		5,100		46.5500 HKD
ORD		Sale		5,300		46.3000 HKD
ORD		Sale		5,684		3.4373 GBP
ORD		Sale		6,900		48.6695 HKD
ORD		Sale		8,446		3.8110 GBP
ORD		Sale		8,625		3.7936 GBP
ORD		Sale		15,637		3.7564 GBP
ORD		Sale		32,502		3.8150 GBP
ORD		Sale		38,751		3.7422 GBP
ORD		Sale		40,626		3.7666 GBP
ORD		Sale		41,497		3.7357 GBP
ORD		Sale		59,768		3.7726 GBP
ORD		Sale		65,000		3.8608 GBP
ORD		Sale		103,813		3.7986 GBP
ORD		Sale		114,728		3.7441 GBP
ORD		Sale		167,622		3.7648 GBP
ORD		Sale		172,087		3.7650 GBP
ORD		Sale		250,000		3.7670 GBP
ORD		Sale		295,764		3.7008 GBP
ORD		Sale		319,272		3.7690 GBP
ORD		Sale		454,618		3.7681 GBP
ORD		Sale		460,436		3.7719 GBP
ORD		Sale		478,600		3.7604 GBP
ORD		Sale		750,000		3.7800 GBP
ORD		Sale		876,999		3.8160 GBP
ORD		Sale		1,000,000		3.7594 GBP
ORD		Sale		1,000,000		3.7752 GBP
ORD		Sale		1,080,000		3.7601 GBP
ORD		Sale		1,793,795		3.7660 GBP
ORD		Sale		5,897,491		3.7611 GBP
ORD (traded as ADR)		Purchase		4,200		11.9847 USD
ORD (traded as ADR)		Purchase		6,000		11.9246 USD
ORD (traded as ADR)		Sale		4,200		11.9847 USD
ORD (traded as ADR)		Sale		6,000		11.9246 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		SWAP		Long		188		3.7813 GBP
ORD		CFD		Long		200		48.7414 HKD
ORD		CFD		Long		1,100		48.3887 HKD
ORD		SWAP		Long		1,500		3.8463 GBP
ORD		CFD		Long		5,684		3.4373 GBP
ORD		CFD		Long		5,861		3.9721 GBP
ORD		CFD		Long		35,300		46.9921 HKD
ORD		CFD		Long		38,751		3.7422 GBP
ORD		CFD		Long		66,500		3.8961 GBP
ORD		CFD		Long		78,820		3.7707 GBP
ORD		CFD		Long		92,341		3.7609 GBP
ORD		CFD		Long		128,256		3.8029 GBP
ORD		CFD		Long		250,000		3.7670 GBP
ORD		SWAP		Long		500,000		3.7463 GBP
ORD		SWAP		Long		750,000		3.7533 GBP
ORD		CFD		Long		750,000		3.7800 GBP
ORD		SWAP		Long		1,000,000		3.7472 GBP
ORD		SWAP		Long		1,000,000		3.7752 GBP
ORD		CFD		Short		200		48.8585 HKD
ORD		SWAP		Short		215		3.9051 GBP
ORD		CFD		Short		1,339		3.7016 GBP
ORD		CFD		Short		1,700		48.0607 HKD
ORD		CFD		Short		3,223		3.7508 GBP
ORD		CFD		Short		3,555		3.8764 GBP
ORD		CFD		Short		3,689		3.8035 GBP
ORD		CFD		Short		3,870		3.7524 GBP
ORD		CFD		Short		4,182		3.7442 GBP
ORD		CFD		Short		4,298		3.8068 GBP
ORD		CFD		Short		5,157		3.7539 GBP
ORD		CFD		Short		5,535		3.7302 GBP
ORD		CFD		Short		5,900		47.6093 HKD
ORD		CFD		Short		8,841		3.7222 GBP
ORD		SWAP		Short		9,300		3.7551 GBP
ORD		CFD		Short		9,520		3.7413 GBP
ORD		CFD		Short		13,897		3.7687 GBP
ORD		CFD		Short		30,000		3.7654 GBP
ORD		CFD		Short		39,400		3.7857 GBP
ORD		CFD		Short		50,000		3.7284 GBP
ORD		CFD		Short		54,716		3.7884 GBP
ORD		CFD		Short		60,600		48.2019 HKD
ORD		SWAP		Short		86,985		3.7760 GBP
ORD		CFD		Short		158,637		3.7366 GBP
ORD		CFD		Short		163,864		3.7679 GBP
ORD		CFD		Short		202,495		3.7877 GBP
ORD		SWAP		Short		232,270		3.7730 GBP
ORD		CFD		Short		250,000		3.8619 GBP
ORD		CFD		Short		470,000		3.7530 GBP
ORD		CFD		Short		500,000		3.7304 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	10 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

9 Sep 2012

ORD

Put Options

Purchased

1,000,000

3.2000

American

9 Sep 2012

ORD

Put Options

Written

-2,500,000

2.6000

American

9 Sep 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

9 Sep 2012

ORD

Call Options

Purchased

2,500,000

3.6000

American

9 Sep 2012

ORD

Call Options

Written

-1,000,000

3.6000

American

9 Sep 2012

ORD

Call Options

Written

-2,500,000

3.8000

American

9 Sep 2012

ORD

Call Options

Written

-2,500,000

4.0000

American

9 Sep 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

9 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.