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	20 December 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

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:		4,538,938		0.06%		37,657,873		0.53%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		37,133,471		0.52%		2,713,365		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:
				42,672,409		0.60%		40,621,238		0.57%
Â		Â		Â		Â		Â		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:		3,400,000		0.15%		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:
				3,400,000		0.15%		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		200		44.0000 HKD
ORD		Purchase		800		43.9000 HKD
ORD		Purchase		1,258		3.4965 GBP
ORD		Purchase		1,299		3.5200 GBP
ORD		Purchase		4,864		3.5313 GBP
ORD		Purchase		6,984		3.5245 GBP
ORD		Purchase		8,100		44.1000 HKD
ORD		Purchase		10,800		3.4926 GBP
ORD		Purchase		11,743		3.5109 GBP
ORD		Purchase		14,500		3.5252 GBP
ORD		Purchase		15,750		3.5076 GBP
ORD		Purchase		16,234		3.5306 GBP
ORD		Purchase		20,740		3.5096 GBP
ORD		Purchase		37,730		3.4993 GBP
ORD		Purchase		38,900		3.5215 GBP
ORD		Purchase		39,894		3.5168 GBP
ORD		Purchase		41,916		3.5335 GBP
ORD		Purchase		42,665		3.5338 GBP
ORD		Purchase		53,658		3.5171 GBP
ORD		Purchase		58,500		44.0500 HKD
ORD		Purchase		71,585		3.5042 GBP
ORD		Purchase		73,945		3.5142 GBP
ORD		Purchase		215,329		3.5146 GBP
ORD		Purchase		238,619		3.5122 GBP
ORD		Purchase		436,507		3.5108 GBP
ORD		Sale		500		44.2000 HKD
ORD		Sale		1,000		3.4925 GBP
ORD		Sale		1,300		44.1500 HKD
ORD		Sale		3,262		3.5215 GBP
ORD		Sale		3,854		3.5049 GBP
ORD		Sale		5,199		3.5305 GBP
ORD		Sale		6,984		3.5246 GBP
ORD		Sale		9,268		3.5010 GBP
ORD		Sale		10,300		44.0883 HKD
ORD		Sale		13,234		3.5084 GBP
ORD		Sale		16,993		3.4954 GBP
ORD		Sale		18,648		3.5291 GBP
ORD		Sale		23,550		3.5171 GBP
ORD		Sale		23,679		3.5088 GBP
ORD		Sale		25,020		3.4984 GBP
ORD		Sale		25,300		44.1000 HKD
ORD		Sale		26,905		3.5144 GBP
ORD		Sale		29,400		44.0000 HKD
ORD		Sale		40,165		3.5311 GBP
ORD		Sale		44,275		3.5327 GBP
ORD		Sale		88,491		3.5174 GBP
ORD		Sale		115,864		3.4965 GBP
ORD		Sale		132,196		3.5150 GBP
ORD		Sale		159,227		3.5204 GBP
ORD		Sale		183,000		3.5276 GBP
ORD		Sale		500,000		3.5200 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		5,000		3.5196 GBP
ORD		CFD		Long		10,973		3.5208 GBP
ORD		SWAP		Long		13,200		3.5068 GBP
ORD		SWAP		Long		14,800		3.4998 GBP
ORD		SWAP		Long		36,913		3.5086 GBP
ORD		CFD		Long		40,165		3.5311 GBP
ORD		CFD		Long		92,497		3.5159 GBP
ORD		CFD		Long		183,000		3.5276 GBP
ORD		CFD		Short		800		43.9566 HKD
ORD		SWAP		Short		18,891		3.5198 GBP
ORD		CFD		Short		31,666		3.5096 GBP
ORD		CFD		Short		46,231		3.5254 GBP
ORD		SWAP		Short		53,400		3.5225 GBP
ORD		CFD		Short		89,278		3.5187 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	21 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].

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

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

1,000,000

3.2000

American

22 Dec 2012

ORD

Call Options

Written

-250,000

3.6000

American

22 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.