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:		21 November 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:		5,804,867		0.08%		29,639,676		0.42%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		29,068,589		0.41%		2,448,397		0.03%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		1,000,000		0.01%		250,000		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				35,873,456		0.51%		32,338,073		0.46%
Â		Â		Â		Â		Â		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:		2,400,000		0.10%		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:
				2,400,000		0.10%		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		1,100		40.9000 HKD
ORD		Purchase		1,200		3.3520 GBP
ORD		Purchase		1,280		3.3559 GBP
ORD		Purchase		3,439		3.3406 GBP
ORD		Purchase		3,999		3.3549 GBP
ORD		Purchase		5,209		3.3335 GBP
ORD		Purchase		5,717		3.3390 GBP
ORD		Purchase		6,700		41.5470 HKD
ORD		Purchase		15,207		3.3444 GBP
ORD		Purchase		19,224		3.3483 GBP
ORD		Purchase		23,914		3.3403 GBP
ORD		Purchase		25,523		3.3355 GBP
ORD		Purchase		71,030		3.3552 GBP
ORD		Purchase		84,143		3.3432 GBP
ORD		Purchase		90,000		3.3615 GBP
ORD		Purchase		117,044		3.3492 GBP
ORD		Purchase		244,811		3.3464 GBP
ORD		Sale		100		41.2000 HKD
ORD		Sale		100		41.3500 HKD
ORD		Sale		200		41.3000 HKD
ORD		Sale		300		41.4000 HKD
ORD		Sale		450		3.3610 GBP
ORD		Sale		538		3.3385 GBP
ORD		Sale		1,100		40.9000 HKD
ORD		Sale		1,600		41.5500 HKD
ORD		Sale		2,309		3.3475 GBP
ORD		Sale		2,400		41.6000 HKD
ORD		Sale		2,900		41.5000 HKD
ORD		Sale		3,147		3.3564 GBP
ORD		Sale		4,300		3.3530 GBP
ORD		Sale		5,736		3.3505 GBP
ORD		Sale		6,190		3.3406 GBP
ORD		Sale		6,452		3.3560 GBP
ORD		Sale		8,720		3.3510 GBP
ORD		Sale		24,837		3.3533 GBP
ORD		Sale		26,118		3.3426 GBP
ORD		Sale		30,732		3.3353 GBP
ORD		Sale		67,300		3.3440 GBP
ORD		Sale		118,842		3.3483 GBP
ORD		Sale		133,000		3.3495 GBP
ORD		Sale		142,191		3.3453 GBP
ORD		Sale		160,024		3.3473 GBP
ORD		Sale		209,006		3.3455 GBP
ORD		Sale		225,354		3.3494 GBP
ORD		Sale		260,495		3.3490 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		400		41.3253 HKD
ORD		CFD		Long		500		41.3303 HKD
ORD		CFD		Long		15,594		3.3471 GBP
ORD		CFD		Long		29,071		3.3405 GBP
ORD		SWAP		Long		48,327		3.3413 GBP
ORD		SWAP		Short		1,200		3.3520 GBP
ORD		CFD		Short		10,865		3.3407 GBP
ORD		CFD		Short		115,335		3.3495 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:		22 Nov 2012
Contact name:		Geoff Smith
Telephone number:		0203 555 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].

143221.01

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

Put Options

Purchased

1,000,000

3.2000

American

23 Nov 2012

ORD

Call Options

Written

-250,000

3.6000

American

23 Nov 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.