Morgan Stanley Secs Form 8.5 (EPT/RI) - Glencore Int Plc Replacement

  Morgan Stanley Secs - Form 8.5 (EPT/RI) - Glencore Int Plc Replacement

RNS Number : 7060R
Morgan Stanley Securities Limited
21 November 2012




                                  AMENDMENT

                                                             FORM 8.5 (EPT/RI)

                                      

   PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED
           INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

                  Rule 8.5 of the Takeover Code (the "Code")

                                      

1. KEY INFORMATION



(a) Name of exempt principal trader:                Morgan Stanley Securities
                                                    Limited
(b) Name of offeror/offeree in relation to whose    Glencore International Plc
relevant securities this form relates:

 Use a separate form for each offeror/offeree
(c) Name of the party to the offer with which       Glencore International Plc
exempt principal trader is connected:
(d) Date dealing undertaken:                        15th November 2012
(e) Has the EPT previously disclosed, or is it      No
today disclosing, under the Code in respect of any
other party to this offer?                          





2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER



(a) Purchases and sales



   Class of relevant    Purchases/ Total number Highest price Lowest price per
       security           sales         of        per unit          unit
                                    securities  paid/received  paid/received
                            
USD 0.01 ordinary       PURCHASES  8,880,933    3.3205 GBP    3.2370 GBP
USD 0.01 ordinary       SALES      11,234,507   3.3115 GBP    3.2370 GBP
USD 0.01 ordinary       PURCHASES  840,000      5.2500 USD    5.2500 USD
USD 0.01 ordinary       SALES      464,953      5.2500 USD    5.2500 USD
5%guaranteed            
convertible bonds  due 
December 2014           

                        

                        PURCHASES  5,000,000    119.1800 USD  119.1800 USD
5%guaranteed            
convertible  bonds  due 
December 2014           

                        

                        SALES      9,000,000    119.4000 USD  119.4000 USD



(b) Derivatives transactions (other than
options)



Class of     Product             Nature of dealing         Number of   Price
relevant description e.g                                   reference  per unit
security       CFD                      e.g                securities
                                                                       (GBP)
                          opening/closing a long/short
                          position, increasing/reducing a
                                long/short position
USD 0.01 CFD
ordinary                 LONG                              256,154    3.2472
USD 0.01 CFD
ordinary                 LONG                              204,109    3.2492
USD 0.01 CFD
ordinary                 LONG                              102,041    3.2500
USD 0.01 CFD
ordinary                 LONG                              539        3.2567
USD 0.01 CFD
ordinary                 LONG                              9,751      3.2569
USD 0.01 CFD
ordinary                 LONG                              1,025      3.2569
USD 0.01 CFD
ordinary                 LONG                              10,794     3.2569
USD 0.01 CFD
ordinary                 LONG                              14,690     3.2569
USD 0.01 CFD
ordinary                 LONG                              631        3.2569
USD 0.01 CFD
ordinary                 LONG                              1,393      3.2570
USD 0.01 CFD
ordinary                 LONG                              68,028     3.2570
USD 0.01 CFD
ordinary                 LONG                              1,393      3.2570
USD 0.01 CFD
ordinary                 LONG                              54,359     3.2651
USD 0.01 CFD
ordinary                 LONG                              25,000     3.2713
USD 0.01 CFD
ordinary                 LONG                              1,409      3.2815
USD 0.01 CFD
ordinary                 LONG                              166        3.2820
USD 0.01 CFD
ordinary                 LONG                              50,000     3.2937
USD 0.01 CFD
ordinary                 LONG                              1          3.2940
USD 0.01 CFD
ordinary                 LONG                              7          3.2940
USD 0.01 CFD
ordinary                 LONG                              34         3.2940
USD 0.01 CFD
ordinary                 SHORT                             4,610      3.2556
USD 0.01 CFD
ordinary                 SHORT                             16,346     3.2564
USD 0.01 CFD
ordinary                 SHORT                             894        3.2570
USD 0.01 CFD
ordinary                 SHORT                             499        3.2570
USD 0.01 CFD
ordinary                 SHORT                             1,490      3.2570
USD 0.01 CFD
ordinary                 SHORT                             184,000    3.2571
USD 0.01 CFD
ordinary                 SHORT                             118,264    3.2582
USD 0.01 CFD
ordinary                 SHORT                             92         3.2614
USD 0.01 CFD
ordinary                 SHORT                             1          3.2614
USD 0.01 CFD
ordinary                 SHORT                             18         3.2614
USD 0.01 CFD
ordinary                 SHORT                             45,800     3.2617
USD 0.01 CFD
ordinary                 SHORT                             444        3.2660
USD 0.01 CFD
ordinary                 SHORT                             1,393      3.2681
USD 0.01 CFD
ordinary                 SHORT                             1,575      3.2744
USD 0.01 CFD
ordinary                 SHORT                             25,000     3.2795
USD 0.01 CFD
ordinary                 SHORT                             70,989     3.3033

(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.            (GBP)
N/A      N/A         N/A         N/A        N/A      N/A       N/A    N/A



(ii) Exercising



 Class of relevant  Product description      Number of      Exercise price per
     security                               securities          unit (GBP)
                     e.g. call option
N/A         N/A                                    N/A              N/A



(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
N/A                  N/A                       N/A     N/A



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 2(a), (b), (c) or (d)  (as 
appropriate) for each additional class of relevant security dealt in.







3. 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









        Date of disclosure: 21st November 2012
        Contact name:       Samantha Withers
        Telephone number:   0207 425 7514

                            



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

END


FERZMMZMFMNGZZM -0- Nov/21/2012 13:28 GMT
 
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