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 June 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:		1,628,603		0.06%		12,110,474		0.17%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		8,830,027		0.13%		1,147,482		0.02%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		250,000		0.00%		2,325,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				10,708,630		0.19%		15,583,856		0.23%
											Â
											Â
Class of relevant security:		Â		Convertible Bond		Â		Â		Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		4,700,000		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:
				4,700,000		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		700,000		118.6250 USD
ORD		Purchase		1,000		41.4000 HKD
ORD		Purchase		1,344		3.6120 GBP
ORD		Purchase		1,475		3.5255 GBP
ORD		Purchase		1,900		41.8500 HKD
ORD		Purchase		4,000		42.2000 HKD
ORD		Purchase		9,358		3.6163 GBP
ORD		Purchase		10,500		42.3000 HKD
ORD		Purchase		13,900		41.9500 HKD
ORD		Purchase		15,900		42.1000 HKD
ORD		Purchase		18,210		3.5684 GBP
ORD		Purchase		22,100		41.9000 HKD
ORD		Purchase		26,060		3.5179 GBP
ORD		Purchase		26,300		42.1500 HKD
ORD		Purchase		41,451		3.5542 GBP
ORD		Purchase		45,400		42.0000 HKD
ORD		Purchase		48,308		3.5981 GBP
ORD		Purchase		107,017		3.5452 GBP
ORD		Purchase		183,409		3.5937 GBP
ORD		Purchase		231,201		3.5750 GBP
ORD		Purchase		746,162		3.5807 GBP
ORD		Sale		100		42.0000 HKD
ORD		Sale		190		3.6120 GBP
ORD		Sale		200		42.2000 HKD
ORD		Sale		360		3.4830 GBP
ORD		Sale		586		3.6174 GBP
ORD		Sale		700		41.9500 HKD
ORD		Sale		1,475		3.5256 GBP
ORD		Sale		1,900		41.8500 HKD
ORD		Sale		1,933		3.6107 GBP
ORD		Sale		2,686		3.6001 GBP
ORD		Sale		15,989		3.5807 GBP
ORD		Sale		16,647		3.5716 GBP
ORD		Sale		19,391		3.5899 GBP
ORD		Sale		29,647		3.6017 GBP
ORD		Sale		33,881		3.5841 GBP
ORD		Sale		62,725		3.5936 GBP
ORD		Sale		104,203		3.5330 GBP
ORD		Sale		107,400		42.0681 HKD
ORD		Sale		110,305		3.5789 GBP
ORD		Sale		115,000		3.6186 GBP
ORD		Sale		160,329		3.5175 GBP
ORD		Sale		220,066		3.5814 GBP
ORD		Sale		328,508		3.5722 GBP
ORD		Sale		492,443		3.5627 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		100		41.9496 HKD
ORD		CFD		Long		200		42.1466 HKD
ORD		CFD		Long		586		3.6174 GBP
ORD		CFD		Long		700		41.8969 HKD
ORD		CFD		Long		4,611		3.5862 GBP
ORD		CFD		Long		5,999		3.5222 GBP
ORD		CFD		Long		29,343		3.6025 GBP
ORD		CFD		Long		31,800		3.5123 GBP
ORD		CFD		Long		77,549		3.5540 GBP
ORD		CFD		Long		219,265		3.5462 GBP
ORD		CFD		Short		171		3.5910 GBP
ORD		CFD		Short		1,000		3.6217 GBP
ORD		CFD		Short		4,999		3.4897 GBP
ORD		SWAP		Short		15,700		3.6127 GBP
ORD		CFD		Short		31,700		42.0082 HKD
ORD		CFD		Short		120,717		3.6041 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	8 Jun 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

Put Options

Purchased

250,000

4.4000

American

9 Jun 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

9 Jun 2012

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Call Options

Written

-250,000

4.6000

American

9 Jun 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

9 Jun 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.