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:		18 December 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:		4,634,019		0.07%		37,297,153		0.53%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		36,978,109		0.52%		2,584,114		0.04%
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:
				42,612,128		0.60%		40,131,267		0.57%
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:		600,000		0.03%		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:
				600,000		0.03%		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		1,400,000		123.3750 USD
ORD		Purchase		300		44.5000 HKD
ORD		Purchase		400		44.0000 HKD
ORD		Purchase		600		44.3000 HKD
ORD		Purchase		600		44.3500 HKD
ORD		Purchase		657		3.5221 GBP
ORD		Purchase		2,000		44.1000 HKD
ORD		Purchase		3,050		3.5170 GBP
ORD		Purchase		5,214		3.5273 GBP
ORD		Purchase		5,795		3.5288 GBP
ORD		Purchase		8,800		44.4500 HKD
ORD		Purchase		10,412		3.5333 GBP
ORD		Purchase		10,600		44.2000 HKD
ORD		Purchase		13,198		3.5233 GBP
ORD		Purchase		14,600		44.4000 HKD
ORD		Purchase		17,802		3.5226 GBP
ORD		Purchase		32,707		3.5190 GBP
ORD		Purchase		64,802		3.5231 GBP
ORD		Purchase		72,956		3.5262 GBP
ORD		Purchase		131,622		3.5206 GBP
ORD		Purchase		244,581		3.5252 GBP
ORD		Purchase		285,548		3.5243 GBP
ORD		Sale		770		3.5318 GBP
ORD		Sale		800		3.5175 GBP
ORD		Sale		2,396		3.5207 GBP
ORD		Sale		3,230		3.5303 GBP
ORD		Sale		5,214		3.5273 GBP
ORD		Sale		9,793		3.5341 GBP
ORD		Sale		10,761		3.5267 GBP
ORD		Sale		10,952		3.5275 GBP
ORD		Sale		12,779		3.5279 GBP
ORD		Sale		12,976		3.5259 GBP
ORD		Sale		15,144		3.5252 GBP
ORD		Sale		22,212		3.5235 GBP
ORD		Sale		25,854		3.5299 GBP
ORD		Sale		27,144		3.5211 GBP
ORD		Sale		33,300		44.3525 HKD
ORD		Sale		36,085		3.5190 GBP
ORD		Sale		65,814		3.5231 GBP
ORD		Sale		83,628		3.5325 GBP
ORD		Sale		109,897		3.5248 GBP
ORD		Sale		139,381		3.5265 GBP
ORD		Sale		139,381		3.5285 GBP
ORD		Sale		145,549		3.5250 GBP
ORD		Sale		305,000		3.5319 GBP
ORD		Sale		381,250		3.5173 GBP
ORD		Sale		483,555		3.5256 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		3,685		3.5220 GBP
ORD		CFD		Long		4,600		3.5196 GBP
ORD		CFD		Long		11,163		3.5193 GBP
ORD		SWAP		Long		25,854		3.5299 GBP
ORD		CFD		Long		28,950		3.5243 GBP
ORD		CFD		Long		80,823		3.5215 GBP
ORD		CFD		Long		305,000		3.5319 GBP
ORD		CFD		Long		379,683		3.5261 GBP
ORD		CFD		Long		381,250		3.5173 GBP
ORD		CFD		Short		4,600		44.2531 HKD
ORD		CFD		Short		8,003		3.5200 GBP
ORD		CFD		Short		8,852		3.5206 GBP
ORD		CFD		Short		229,976		3.5257 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	19 Dec 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 3555 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].

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

20 Dec 2012

ORD

Call Options

Written

-250,000

3.6000

American

20 Dec 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.