GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC

  GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC  UK Regulatory Announcement  LONDON                                                           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      GLENCORE INTL PLC       whose      relevant securities this form relates:       (c)   Name of the party to the offer with which   Advisor to Offeree       exempt      principal trader is connected                (d)   Date position held/dealing undertaken:      18 May 2012 (e)   Has the EPT previously disclosed, or is     YES:       it       today disclosing, under the Code in         XSTRATA PLC       respect      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                        ORD                             security:                                    Interests            Short                                                                   Positions                                  Number        (%)     Number        (%) (1)             Relevant                 securities owned                 and/or             1,299,482     0.02%   11,844,616    0.17%                 controlled:                                                                    (2)             Derivatives                 (other than                 options):          9,651,260     0.14%   706,661       0.01%                                                                    (3)             Options and                 agreements to                 purchase/sell:     250,000       0.00%   2,325,900     0.03%                                                                    (4)             TOTAL:                                    11,200,742    0.16%   14,877,177    0.21%                                                                                                                                                             Class of                           Convertible relevant                          Bond                               security:                                    Interests            Short                                                                   Positions                                  Number        (%)     Number        (%) (1)             Relevant                 securities owned                 and/or             3,700,000     0.16%   0             0.00%                 controlled:                                                                    (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:                                    3,700,000     0.16%   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        378          3.4993 GBP ORD                 Purchase        379          3.4637 GBP ORD                 Purchase        871          3.5147 GBP ORD                 Purchase        1,000        43.3000 HKD ORD                 Purchase        1,120        3.4465 GBP ORD                 Purchase        7,150        3.4940 GBP ORD                 Purchase        11,313       3.4595 GBP ORD                 Purchase        11,774       3.4558 GBP ORD                 Purchase        19,111       3.4966 GBP ORD                 Purchase        20,000       3.5082 GBP ORD                 Purchase        25,709       3.5079 GBP ORD                 Purchase        28,145       3.4924 GBP ORD                 Purchase        46,716       3.4600 GBP ORD                 Purchase        59,878       3.4718 GBP ORD                 Purchase        90,655       3.4798 GBP ORD                 Purchase        100,000      3.4681 GBP ORD                 Purchase        104,298      3.4787 GBP ORD                 Purchase        106,886      3.4830 GBP ORD                 Purchase        118,300      43.3459 HKD ORD                 Purchase        129,487      3.4743 GBP ORD                 Purchase        277,930      3.4809 GBP ORD                 Purchase        332,518      3.4766 GBP ORD                 Sale            563          3.4905 GBP ORD                 Sale            1,249        3.5102 GBP ORD                 Sale            1,300        44.1500 HKD ORD                 Sale            1,323        3.4625 GBP ORD                 Sale            1,628        3.5167 GBP ORD                 Sale            3,300        43.9500 HKD ORD                 Sale            3,955        3.4765 GBP ORD                 Sale            5,000        42.9000 HKD ORD                 Sale            5,000        43.1000 HKD ORD                 Sale            5,000        43.2500 HKD ORD                 Sale            5,872        3.4940 GBP ORD                 Sale            8,300        42.9500 HKD ORD                 Sale            8,700        43.2000 HKD ORD                 Sale            10,000       43.7500 HKD ORD                 Sale            12,512       3.4601 GBP ORD                 Sale            13,700       43.8000 HKD ORD                 Sale            13,900       43.2793 HKD ORD                 Sale            15,000       43.8500 HKD ORD                 Sale            25,146       3.5083 GBP ORD                 Sale            34,000       3.4535 GBP ORD                 Sale            35,512       3.4681 GBP ORD                 Sale            42,348       3.4725 GBP ORD                 Sale            44,234       3.4824 GBP ORD                 Sale            47,600       43.1500 HKD ORD                 Sale            69,973       3.4851 GBP ORD                 Sale            120,048      3.5022 GBP ORD                 Sale            134,130      3.4813 GBP ORD                 Sale            200,000      3.4995 GBP ORD                 Sale            280,000      3.5257 GBP ORD                 Sale            314,500      3.5256 GBP ORD                 Sale            350,800      3.4753 GBP ORD                 Sale            582,319      3.4827 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                600          3.5120 GBP ORD        SWAP          Long                649          3.4685 GBP ORD        CFD           Long                1,300        44.0941 HKD ORD        SWAP          Long                1,628        3.5167 GBP ORD        CFD           Long                1,667        3.5552 GBP ORD        CFD           Long                3,300        43.8944 HKD ORD        CFD           Long                13,900       43.2793 HKD ORD        CFD           Long                30,440       3.5017 GBP ORD        CFD           Long                37,369       3.4913 GBP ORD        CFD           Long                66,113       3.4538 GBP ORD        CFD           Long                280,000      3.5257 GBP ORD        CFD           Short               1,000        43.3547 HKD ORD        CFD           Short               6,100        3.4803 GBP ORD        SWAP          Short               7,150        3.4939 GBP ORD        CFD           Short               20,594       3.5253 GBP ORD        SWAP          Short               25,999       3.4760 GBP ORD        CFD           Short               40,000       3.4756 GBP ORD        CFD           Short               74,939       3.4459 GBP ORD        SWAP          Short               120,142      3.4784 GBP ORD        CFD           Short               146,021      3.4648 GBP  (c) Options transactions in respect of existing securities  (i) Writing, selling, purchasing or varying                           Writing,      Number of               Type                 Option Class of   Product       purchasing,   securities   Exercise                        money relevant  description  selling,     to which    price     e.g.       Expiry  paid/ security   e.g. call     varying       option       per unit   American,   date     received            option        etc.          relates                 European             per unit                                                                etc.  (ii) Exercising                       Product Class of relevant   description         Number of          Exercise price security                                  securities          per unit                      e.g. call option  (d) Other dealings (including subscribing for new securities)                      Nature of dealing Class of relevant                      Details  Price per unit (if security            e.g. subscription,             applicable)                     conversion  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:  21 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.  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 the person whose                    Barclays Capital Securities positions/dealings                               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   20 May                                                                           2012 ORD        Put Options   Written       -1,000,000   4.8000     American   20 May                                                                           2012 ORD        Call          Written       -75,900      4.3890     European   6 Jul            Options                                                        2012 ORD        Call          Written       -250,000     4.6000     American   20 May            Options                                                        2012 ORD        Call          Written       -1,000,000   4.8000     American   20 May            Options                                                        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.  Contact:  BARCLAYS PLC  
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