UBS Global Asset Man Form 8.3 - Xstrata Plc

  UBS Global Asset Man - Form 8.3 - Xstrata Plc

RNS Number : 7756Q
UBS Global Asset Management*
09 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")

                                 

1. KEY INFORMATION



(a) Identity of the person whose                   UBS Global Asset Management
positions/dealings are being disclosed:            *
(b) Owner or controller of interests and short
positions disclosed, if different from 1(a):

 The naming of nominee or vehicle companies is
insufficient
(c) Name of offeror/offeree in relation to whose   Xstrata PLC
relevant securities this form relates:

 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:         08 Nov 2012
(f) Has the discloser previously disclosed, or    YES:
are they today disclosing, under the Code in
respect of any other party to this offer?          Glencore International Plc



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:               XSTRATA PLC ORD USD0.50


                                    Interests             Short positions

                                  Number          %        Number        %
(1) Relevant securities               0.93  0  0.00
owned and/or controlled:             28,029,121
(2) Derivatives (other than       83,001  0.00  0  0.00
options):
(3) Options and agreements        0  0.00  0  0.00
to purchase/sell:
                             28,112,122  0.93  0  0.00

 TOTAL:





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(c), 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     Purchase/sale Number of securities  Price per unit
        security
                                
Ordinary Shares           SALE                 5,674  9.695770 GBP

                                                                            
Ordinary Shares           SALE                 7,149  9.780000 GBP

                                                                            
                         TOTAL SALE           12,823                 

                                                                            



(b) Derivatives transactions (other than options)



Class of   Product              Nature of dealing             Number of  Price
relevant description                                          reference   per
security                e.g. opening/closing a long/short     securities unit
          e.g. CFD       position, increasing/reducing a
                               long/short position






(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"








(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"








(c) Attachments



Is a Supplemental Form 8 (Open Positions) attached? NO





Date of disclosure: 09/11/2012
Contact name:       Miss Kirsty Lahmar
Telephone number:   +44 20 7901 5887



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.





* this report is on behalf of:



        UBS AG (UBS Global Asset Management operating in Switzerland)

                                      

                 UBS Global Asset Management (Americas) Inc

                                      

                 UBS Global Asset Management (Australia) Ltd

                                      

                    UBS Global Asset Management (UK) Ltd

                                      

                   UBS Global Asset Management (Canada) Inc

                                      

                 UBS Global Asset Management (Hong Kong) Ltd

                                      

                 UBS Global Asset Management (Singapore) Ltd

                                      

                   UBS Global Asset Management (Taiwan) Ltd

                                      



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

END


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