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	27 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:		3,860,129		0.05%		38,457,698		0.54%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		37,957,428		0.53%		2,255,408		0.03%
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:
				41,817,557		0.59%		40,713,106		0.57%
											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:		2,700,000		0.12%		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:
				2,700,000		0.12%		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

(a)	Â	Purchases and sales	Â	Â	Â	Â
Class of relevant		Purchase/sale		Number of		Price per unit
security		Â		securities		Â
Convertible Bond		Sale		700,000		124.7500 USD
ORD		Purchase		200		44.1000 HKD
ORD		Purchase		500		3.5900 GBP
ORD		Purchase		800		44.0500 HKD
ORD		Purchase		1,100		43.9000 HKD
ORD		Purchase		2,213		3.5943 GBP
ORD		Purchase		4,035		3.5820 GBP
ORD		Purchase		5,970		3.6084 GBP
ORD		Purchase		6,339		3.6037 GBP
ORD		Purchase		6,900		44.2000 HKD
ORD		Purchase		7,077		3.6003 GBP
ORD		Purchase		14,100		44.0000 HKD
ORD		Purchase		16,331		3.5810 GBP
ORD		Purchase		18,168		3.5669 GBP
ORD		Purchase		21,984		3.5872 GBP
ORD		Purchase		66,847		3.6180 GBP
ORD		Sale		166		3.6030 GBP
ORD		Sale		1,232		3.5670 GBP
ORD		Sale		1,400		44.1000 HKD
ORD		Sale		2,000		3.6210 GBP
ORD		Sale		2,075		3.5845 GBP
ORD		Sale		3,173		3.5738 GBP
ORD		Sale		3,400		3.5710 GBP
ORD		Sale		6,900		44.2000 HKD
ORD		Sale		7,392		3.5870 GBP
ORD		Sale		9,418		3.5951 GBP
ORD		Sale		11,189		3.5810 GBP
ORD		Sale		11,292		3.5932 GBP
ORD		Sale		15,100		44.0039 HKD
ORD		Sale		21,984		3.5873 GBP
ORD		Sale		69,578		3.6020 GBP
ORD		Sale		96,843		3.5959 GBP
ORD		Sale		119,755		3.5897 GBP
ORD		Sale		242,506		3.5884 GBP
ORD (traded as ADR)		Purchase		7,200		11.6100 USD
ORD (traded as ADR)		Sale		7,200		11.6100 USD

(b)	Â	Derivatives transactions (other than options)	Â	Â	Â	Â	Â	Â
Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		SWAP		Long		500		3.5755 GBP
ORD		CFD		Long		1,400		44.0440 HKD
ORD		SWAP		Long		6,573		3.5723 GBP
ORD		CFD		Long		7,200		3.6030 GBP
ORD		CFD		Long		8,390		3.5668 GBP
ORD		CFD		Long		21,225		3.6069 GBP
ORD		CFD		Long		44,953		3.6026 GBP
ORD		CFD		Short		1,100		43.9561 HKD
ORD		SWAP		Short		14,700		3.5932 GBP
ORD		CFD		Short		18,168		3.5671 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

NO

Date of disclosure:	Â	28 December 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.