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:   Barclays Capital Securities Ltd
(b) Name of offeror/offeree in relation to whose GLENCORE INTL PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeree
  principal trader is connected  
(d) Date position held/dealing undertaken: 29 May 2012
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect XSTRATA PLC
  of any other party to this offer?  

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:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,535,072 0.02% 11,445,563 0.17%
           
(2) Derivatives (other than
options): 9,256,351 0.13% 973,476 0.01%
           
(3) Options and agreements to
purchase/sell: 250,000 0.00% 2,325,900 0.03%
           
(4) TOTAL:
11,041,423 0.16% 14,744,939 0.21%
 
 
Class of relevant security:   Convertible Bond      
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 5,400,000 0.23% 0 0.00%
           
(2) Derivatives (other than
options): 0 0.00% 0 0.00%
           
(3) Options and agreements to
purchase/sell: 0 0.00% 0 0.00%
           
(4) TOTAL:
5,400,000 0.23% 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:  
Details, including nature of the rights concerned and relevant percentages:  

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   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 400 42.0500 HKD
ORD Purchase 400 42.1000 HKD
ORD Purchase 400 42.8000 HKD
ORD Purchase 416 3.5265 GBP
ORD Purchase 645 3.5194 GBP
ORD Purchase 1,000 42.2000 HKD
ORD Purchase 1,100 42.2407 HKD
ORD Purchase 1,173 3.5125 GBP
ORD Purchase 1,400 42.4000 HKD
ORD Purchase 1,500 3.5580 GBP
ORD Purchase 1,800 42.5000 HKD
ORD Purchase 5,000 42.2500 HKD
ORD Purchase 5,118 3.5100 GBP
ORD Purchase 6,000 42.6000 HKD
ORD Purchase 7,471 3.5382 GBP
ORD Purchase 11,300 42.5792 HKD
ORD Purchase 12,400 42.7500 HKD
ORD Purchase 26,721 3.5025 GBP
ORD Purchase 26,892 3.5366 GBP
ORD Purchase 30,126 3.5497 GBP
ORD Purchase 47,378 3.5410 GBP
ORD Purchase 50,543 3.5338 GBP
ORD Purchase 62,478 3.5294 GBP
ORD Purchase 193,289 3.5354 GBP
ORD Purchase 250,000 3.5463 GBP
ORD Sale 416 3.5267 GBP
ORD Sale 528 3.5511 GBP
ORD Sale 614 3.5000 GBP
ORD Sale 700 42.6500 HKD
ORD Sale 1,000 42.8500 HKD
ORD Sale 1,211 3.5410 GBP
ORD Sale 2,600 42.8000 HKD
ORD Sale 2,600 42.9000 HKD
ORD Sale 3,100 43.0000 HKD
ORD Sale 4,943 3.5095 GBP
ORD Sale 5,118 3.5101 GBP
ORD Sale 5,200 42.6000 HKD
ORD Sale 5,400 42.5500 HKD
ORD Sale 10,000 42.2970 HKD
ORD Sale 13,177 3.5367 GBP
ORD Sale 23,660 3.5348 GBP
ORD Sale 23,923 3.5236 GBP
ORD Sale 30,017 3.5436 GBP
ORD Sale 73,808 3.5157 GBP
ORD Sale 120,593 3.5435 GBP
ORD Sale 163,753 3.5114 GBP
ORD Sale 180,788 3.5310 GBP
ORD Sale 200,000 3.4509 GBP
ORD Sale 200,409 3.5203 GBP
ORD Sale 290,915 3.5316 GBP

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 169 3.5642 GBP
ORD CFD Long 5,100 3.5172 GBP
ORD CFD Long 9,300 42.8485 HKD
ORD CFD Long 18,800 3.5160 GBP
ORD SWAP Long 51,649 3.5176 GBP
ORD CFD Long 82,942 3.5232 GBP
ORD CFD Long 93,509 3.5426 GBP
ORD CFD Long 163,753 3.5113 GBP
ORD SWAP Long 274,217 3.5191 GBP
ORD SWAP Short 500 3.5140 GBP
ORD CFD Short 1,100 42.2407 HKD
ORD CFD Short 9,300 3.5137 GBP
ORD SWAP Short 10,306 3.5237 GBP
ORD CFD Short 14,019 3.5179 GBP
ORD CFD Short 18,800 42.7544 HKD
ORD CFD Short 27,928 3.5489 GBP
ORD CFD Short 90,000 3.5735 GBP
ORD CFD Short 250,000 3.5463 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security   Product description e.g. call option   Writing, purchasing, selling, varying etc.   Number of securities to which option relates   Exercise price per unit   Type

e.g. American, European etc.

  Expiry date   Option money paid/ received per unit

(ii) Exercising

Class of relevant security   Product description

e.g. call option

  Number of securities   Exercise price per unit

(d) Other dealings (including subscribing for new securities)

Class of relevant security   Nature of dealing

e.g. subscription, conversion

  Details   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?  

YES

Date of disclosure:  

30 May 2012

Contact name:   Geoff Smith
Telephone number:   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 monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.

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   Barclays Capital Securities Ltd
are being disclosed:  
Name of offeror/offeree in relation to whose GLENCORE INTL PLC
relevant securities this from relates:  

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Put Options Purchased 250,000 4.4000 American 31 May 2012
ORD Put Options Written -1,000,000 4.8000 American 31 May 2012
ORD Call Options Written -75,900 4.3890 European 6 Jul 2012
ORD Call Options Written -250,000 4.6000 American 31 May 2012
ORD Call Options Written -1,000,000 4.8000 American 31 May 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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

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