Morgan Stanley Secs Form 8.5 (EPT/RI) Glencore Intl Replacement

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

RNS Number : 0071S
Morgan Stanley Securities Limited
26 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:                        22nd 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 securities   per unit          unit
                                                paid/received  paid/received
                            
USD 0.01 ordinary      PURCHASES  8,640,527     3.4410 GBP    3.3450 GBP
USD 0.01 ordinary      SALES      7,579,581     3.4415 GBP    3.3450 GBP
USD 0.01 ordinary      PURCHASES  181,500       5.3300 USD    5.3300 USD
USD 0.01 ordinary      SALES      500,000       5.4742 USD    5.4742 USD
5%          guaranteed SALES
convertible bonds  due 
December 2014                     2,000,000     120.3750 USD  120.3750 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                              91,500     3.3458
USD 0.01 CFD
ordinary                 LONG                              12,762     3.3713
USD 0.01 CFD
ordinary                 LONG                              152,500    3.3818
USD 0.01 CFD
ordinary                 LONG                              1,838      3.4070
USD 0.01 CFD
ordinary                 LONG                              343        3.4070
USD 0.01 CFD
ordinary                 LONG                              4,796      3.4110
USD 0.01 CFD
ordinary                 LONG                              486        3.4127
USD 0.01 CFD
ordinary                 LONG                              434,000    3.4141
USD 0.01 CFD
ordinary                 LONG                              434,000    3.4141
USD 0.01 CFD
ordinary                 LONG                              887,594    3.4141
USD 0.01 CFD
ordinary                 LONG                              2,665      3.4150
USD 0.01 CFD
ordinary                 LONG                              115,900    3.4156
USD 0.01 CFD
ordinary                 LONG                              19,427     3.4226
USD 0.01 CFD
ordinary                 LONG                              1,810      3.4277
USD 0.01 CFD
ordinary                 LONG                              44,420     3.4298
USD 0.01 CFD
ordinary                 LONG                              804,301    3.4298
USD 0.01 CFD
ordinary                 LONG                              12,542     3.4298
USD 0.01 CFD
ordinary                 LONG                              15,503     3.4298
USD 0.01 CFD
ordinary                 LONG                              38,234     3.4298
USD 0.01 CFD
ordinary                 LONG                              12,542     3.4298
USD 0.01 CFD
ordinary                 LONG                              15,503     3.4298
USD 0.01 CFD
ordinary                 LONG                              38,234     3.4298
USD 0.01 CFD
ordinary                 LONG                              44,420     3.4298
USD 0.01 CFD
ordinary                 LONG                              804,301    3.4298
USD 0.01 CFD
ordinary                 LONG                              500,000    3.4300
USD 0.01 CFD
ordinary                 SHORT                             6,100      3.3450
USD 0.01 CFD
ordinary                 SHORT                             91,500     3.3458
USD 0.01 CFD
ordinary                 SHORT                             455,975    3.3804
USD 0.01 CFD
ordinary                 SHORT                             245,525    3.3804
USD 0.01 CFD
ordinary                 SHORT                             5,062      3.4070
USD 0.01 CFD
ordinary                 SHORT                             795        3.4070
USD 0.01 CFD
ordinary                 SHORT                             1,015      3.4070
USD 0.01 CFD
ordinary                 SHORT                             1,811      3.4070
USD 0.01 CFD
ordinary                 SHORT                             27         3.4070
USD 0.01 CFD
ordinary                 SHORT                             5,790      3.4084
USD 0.01 CFD
ordinary                 SHORT                             998,112    3.4132
USD 0.01 CFD
ordinary                 SHORT                             1,853,638  3.4132
USD 0.01 CFD
ordinary                 SHORT                             434,000    3.4141
USD 0.01 CFD
ordinary                 SHORT                             4,122      3.4201
USD 0.01 CFD
ordinary                 SHORT                             615        3.4207
USD 0.01 CFD
ordinary                 SHORT                             2,961      3.4235
USD 0.01 CFD
ordinary                 SHORT                             39,250     3.4256
USD 0.01 CFD
ordinary                 SHORT                             20         3.4285
USD 0.01 CFD
ordinary                 SHORT                             804,301    3.4298
USD 0.01 CFD
ordinary                 SHORT                             12,542     3.4298
USD 0.01 CFD
ordinary                 SHORT                             15,503     3.4298
USD 0.01 CFD
ordinary                 SHORT                             38,234     3.4298
USD 0.01 CFD
ordinary                 SHORT                             44,420     3.4298
USD 0.01 CFD
ordinary                 SHORT                             22,651     3.4373
USD 0.01 CFD
ordinary                 SHORT                             151,844    3.4373
USD 0.01 CFD
ordinary                 LONG                              500,000    3.4300

 (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: 26th November 2012
        Contact name:       James Michael
        Telephone number:   0207 677 2471

                             

 

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
 
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FERBKADDBBDDFDB -0- Nov/26/2012 12:20 GMT