BlackRock Group Form 8.3 - Glencore International PLC

  BlackRock Group - Form 8.3 - Glencore International PLC

RNS Number : 2533Q
BlackRock Group
02 November 2012
 



                                                                      FORM 8.3

                                       

           PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

                  Rule 8.3 of the Takeover Code (the "Code")

                                       

             4. (c) Supplemental Form 8 (Open Positions) attached

                                       

1.         KEY INFORMATION

 

(a) Identity of the person whose positions/dealings BlackRock, Inc.
are being disclosed:
(b) Owner or controller of interests and short
positions disclosed, if different from 1(a):
                                                    N/A
     The naming of nominee or vehicle companies is
insufficient
(c) Name of offeror/offeree in relation to whose
relevant securities this form relates:              Glencore International PLC

     Use a separate form for each offeror/offeree
(d) If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree:
(e) Date position held/dealing undertaken:          1^st November 2012
(f)  Has the discloser previously disclosed, or are
they today disclosing, under the Code in respect of Yes, Xstrata PLC
any other party to this offer?

 

2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

(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:
                                                     USD 0.01 ordinary
 
                                                 Interests     Short positions

                                                Number     %     Number    %
(1) Relevant securities owned and/or          208,611,822 3.01
controlled:
(2) Derivatives (other than options):          3,920,723  0.06 1,869,328  0.03
(3) Options and agreements to purchase/sell:                     74,300   0.00
     TOTAL:                                   212,532,545 3.07 1,943,628  0.03

 

Class of relevant security:       5% guaranteed convertible bonds due December
                                                      2014
 
                                         Interests           Short positions

                                      Number         %        Number      %
(1)  Relevant  securities   owned  457,200,000    19.88%
and/or controlled:
(2)   Derivatives   (other   than 
options):
(3)  Options  and  agreements  to 
purchase/sell:
            TOTAL:                 457,200,000    19.88%

 

 

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).

 

(a)  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©, copy table
2(a) or (b) (as appropriate) for each additional class of relevant security.

 

 

3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

(a)        Purchases and sales

 

Class of relevant security Purchase/sale Number of securities Price per unit

                            
USD 0.01 ordinary          Purchase      166,793              GBP 3.44
USD 0.01 ordinary          Purchase      6,700                GBP 3.45
USD 0.01 ordinary          Purchase      16,952               GBP 3.46
USD 0.01 ordinary          Purchase      12,132               GBP 3.47
USD 0.01 ordinary          Sale          2,157                GBP 3.43
USD 0.01 ordinary          Sale          9,441                GBP 3.44

 

(b)        Derivatives transactions (other than options)

 

         Product     Nature of dealing
Class of description                                          Number of  Price
relevant             e.g. opening/closing a long/short        reference  per
security e.g. CFD    position, increasing/reducing a          securities unit
                     long/short position
USD 0.01 CFD         Increasing Long                          3,522      GBP
ordinary                                                                 3.44
USD 0.01 CFD         Reducing Long                            1,817      GBP
ordinary                                                                 3.45

 

(c)        Options transactions in respect of existing securities

 

(i)         Writing, selling, purchasing or varying

 

Class of   Product    Writing,   Number of  Exercise   Type    Expiry  Option
relevant description purchasing, securities  price              date   money
security  e.g. call   selling,    to which  per unit   e.g.            paid/
           option      varying     option            American,        received
                        etc.      relates            European         per unit
                                                       etc.

 

(ii)        Exercising

 

 Class of relevant  Product description      Number of      Exercise price per
     security                               securities             unit
                     e.g. call option

 

(d)        Other dealings (including subscribing for new securities)

 

 Class of relevant       Nature of dealing     Details   Price per unit (if
      security                                               applicable)
                        e.g. subscription,
                            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(c), 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 person
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 person 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: 02 November 2012
        Contact name:       Wayne Powell
        Telephone number:   020 7743 3216

 

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 person whose open positions are being        BlackRock, Inc.
disclosed:
Name of offeror/offeree in relation to whose        Glencore International PLC
relevant securities the disclosure relates:

 

2.         OPTIONS AND DERIVATIVES

 

Class of   Product   Written or   Number of    Exercise    Type    Expiry date
relevant description purchased  securities to  price per
security  e.g. call              which option    unit      e.g.
           option               or derivative            American,
                                   relates               European
                                                           etc.
USD 0.01 Call Option Purchase   74,300         GBP       European  12/12/2012
ordinary                                       3.3724

 

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.

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
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