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Morgan Stanley Secs Form 8.5 (EPT/RI) Xstrata Plc Replacement

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

RNS Number : 3397S
Morgan Stanley Securities Limited
29 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    Xstrata 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:                        27th 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 Purchases/ Total number    Highest price per unit    Lowest price per
relevant   sales    of securities        paid/received              unit
security                                                       paid/received
             
USD  0.5 PURCHASES
ordinary            1,431,082     10.2800 GBP                 10.0450 GBP
USD  0.5 SALES
ordinary            1,598,862     10.2800 GBP                 10.0450 GBP



(b) Derivatives transactions (other than
options)



Class of     Product            Nature of dealing         Number of  Price per
relevant description e.g                                  reference    unit
security       CFD                     e.g                securities
                                                                         
                          opening/closing a long/short
                         position, increasing/reducing a
                               long/short position
USD 0.5  CFD                                                         10.0550
ordinary                 LONG                             1,095      GBP
USD 0.5  CFD                                                         10.0550
ordinary                 LONG                             1,258      GBP
USD 0.5  CFD                                                         10.0934
ordinary                 LONG                             200,000    GBP
USD 0.5  CFD                                                         10.1027
ordinary                 LONG                             493        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             127        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             241,626    GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             306        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             463        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             908        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             1,381      GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             4,000      GBP
USD 0.5  CFD                                                         10.1150
ordinary                 LONG                             2,730      GBP
USD 0.5  CFD                                                         10.1195
ordinary                 LONG                             135        GBP
USD 0.5  CFD                                                         10.1238
ordinary                 LONG                             9,795      GBP
USD 0.5  CFD                                                         10.1238
ordinary                 LONG                             9,704      GBP
USD 0.5  CFD                                                         10.1299
ordinary                 LONG                             127        GBP
USD 0.5  CFD                                                         10.1768
ordinary                 LONG                             11,070     GBP
USD 0.5  CFD                                                         10.1854
ordinary                 LONG                             1,725      GBP
USD 0.5  CFD                                                         10.2148
ordinary                 LONG                             3,000      GBP
USD 0.5  CFD                                                         10.2252
ordinary                 LONG                             909        GBP
USD 0.5  CFD                                                         10.2400
ordinary                 LONG                             668        GBP
USD 0.5  CFD                                                         10.2550
ordinary                 LONG                             20,000     GBP
USD 0.5  CFD                                                         10.2628
ordinary                 LONG                             94         GBP
USD 0.5  CFD                                                         10.2628
ordinary                 LONG                             7          GBP
USD 0.5  CFD                                                         10.2628
ordinary                 LONG                             6,042      GBP
USD 0.5  CFD                                                         10.2628
ordinary                 LONG                             488        GBP
USD 0.5  CFD                                                         10.2628
ordinary                 LONG                             101        GBP
USD 0.5  CFD                                                         10.2628
ordinary                 LONG                             1,246      GBP
USD 0.5  CFD                                                         10.0789
ordinary                 SHORT                            25,652     GBP
USD 0.5  CFD                                                         10.0995
ordinary                 SHORT                            137        GBP
USD 0.5  CFD                                                         10.1035
ordinary                 SHORT                            16,393     GBP
USD 0.5  CFD                                                         10.1120
ordinary                 SHORT                            39,839     GBP
USD 0.5  CFD                                                         10.1120
ordinary                 SHORT                            6,042      GBP
USD 0.5  CFD                                                         10.1120
ordinary                 SHORT                            619        GBP
USD 0.5  CFD                                                         10.1120
ordinary                 SHORT                            94         GBP
USD 0.5  CFD                                                         10.1120
ordinary                 SHORT                            1,246      GBP
USD 0.5  CFD                                                         10.1120
ordinary                 SHORT                            8,219      GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            647        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            130        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            1,657      GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            1,420      GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            5,000      GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            127        GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            19,123     GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            22         GBP
USD 0.5  CFD                                                         10.1150
ordinary                 SHORT                            127        GBP
USD 0.5  CFD                                                         10.1584
ordinary                 SHORT                            100,000    GBP
USD 0.5  CFD                                                         10.2239
ordinary                 SHORT                            2,000      GBP
USD 0.5  CFD                                                         10.2400
ordinary                 SHORT                            199        GBP
USD 0.5  CFD                                                         12.5350
ordinary                 LONG                             3          EUR
USD 0.5  CFD                                                         12.5500
ordinary                 SHORT                            3          EUR



(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    (GBP)   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 unit (GBP)
    security                          securities
                   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: 29th November 2012
        Contact name:       Hannah Caplin
        Telephone number:   0207 677 9825



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


FERBLBJTMBITBBT -0- Nov/29/2012 13:43 GMT