Goldman Sachs (EPT) Form 8.5 (EPT/NON-RI)

  Goldman Sachs (EPT) - Form 8.5 (EPT/NON-RI)

RNS Number : 3239S
GoldmanSachs International
29 November 2012




                                                         FORM 8.5 (EPT/NON-RI)

                                      

 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL
 TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS
                               NOT APPLICABLE)

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

                                      

1. KEY INFORMATION



(a) Name of exempt principal trader:            (GS) GOLDMAN SACHS
                                                INTERNATIONAL
(b) Name of offeror/offeree in relation to      GLENCORE INTERNATIONAL PLC
whose relevant securities this form relates:

 Use a separate form for each
offeror/offeree
(c) Name of the party to the offer with which   XSTRATA PLC
exempt principal trader is connected:
(d) Date position held/dealing undertaken:      28 November 2012
(e) Has the EPT previously disclosed, or is it  YES - disclosed previously for
today disclosing, under the Code in respect of  XSTRATA PLC
any other party to this offer?



2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER



(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           15,024,586 0.21  165,383   0.00
controlled:
(2) Derivatives (other than options):              0      0.00     0      0.00
(3) Options and agreements to purchase/sell:       0      0.00 13,680,000 0.19
                                              15,024,586 0.21 13,845,383 0.19

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



3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER



(a) Purchases and sales



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

                                 
    USD 0.01 ordinary        Purchase                     100     3.3215 GBP
    USD 0.01 ordinary        Purchase                     100     3.3310 GBP
    USD 0.01 ordinary        Purchase                     200     3.3310 GBP
    USD 0.01 ordinary        Purchase                     200     3.3310 GBP
    USD 0.01 ordinary        Purchase                     200     3.3310 GBP
    USD 0.01 ordinary        Purchase                     200     3.3315 GBP
    USD 0.01 ordinary        Purchase                     200     3.3315 GBP
    USD 0.01 ordinary        Purchase                     100     3.3315 GBP
    USD 0.01 ordinary        Purchase                     200     3.3315 GBP
    USD 0.01 ordinary        Purchase                     100     3.3335 GBP
    USD 0.01 ordinary        Purchase                     400     3.3340 GBP
    USD 0.01 ordinary        Purchase                     200     3.3340 GBP
    USD 0.01 ordinary        Purchase                     100     3.3340 GBP
    USD 0.01 ordinary        Purchase                     400     3.3340 GBP
    USD 0.01 ordinary        Purchase                     300     3.3340 GBP
    USD 0.01 ordinary        Purchase                     300     3.3345 GBP
    USD 0.01 ordinary        Purchase                     400     3.3350 GBP
    USD 0.01 ordinary        Purchase                     400     3.3350 GBP
    USD 0.01 ordinary        Purchase                     206     3.3350 GBP
    USD 0.01 ordinary        Purchase                     400     3.3350 GBP
    USD 0.01 ordinary        Purchase                       2     3.3350 GBP
    USD 0.01 ordinary        Purchase                     400     3.3350 GBP
    USD 0.01 ordinary        Purchase                     194     3.3350 GBP
    USD 0.01 ordinary        Purchase                     400     3.3350 GBP
    USD 0.01 ordinary        Purchase                     100     3.3350 GBP
    USD 0.01 ordinary        Purchase                     100     3.3350 GBP
    USD 0.01 ordinary        Purchase                     398     3.3350 GBP
    USD 0.01 ordinary        Purchase                     300     3.3350 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     100     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     100     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     500     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     100     3.3355 GBP
    USD 0.01 ordinary        Purchase                     100     3.3355 GBP
    USD 0.01 ordinary        Purchase                     500     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3355 GBP
    USD 0.01 ordinary        Purchase                     500     3.3355 GBP
    USD 0.01 ordinary        Purchase                     100     3.3355 GBP
    USD 0.01 ordinary        Purchase                     300     3.3355 GBP
    USD 0.01 ordinary        Purchase                     300     3.3355 GBP
    USD 0.01 ordinary        Purchase                     500     3.3355 GBP
    USD 0.01 ordinary        Purchase                     100     3.3355 GBP
    USD 0.01 ordinary        Purchase                     400     3.3360 GBP
    USD 0.01 ordinary        Purchase                     300     3.3360 GBP
    USD 0.01 ordinary        Purchase                     500     3.3360 GBP
    USD 0.01 ordinary        Purchase                     500     3.3360 GBP
    USD 0.01 ordinary        Purchase                     100     3.3360 GBP
    USD 0.01 ordinary        Purchase                     400     3.3360 GBP
    USD 0.01 ordinary        Purchase                     500     3.3360 GBP
    USD 0.01 ordinary        Purchase                     100     3.3360 GBP
    USD 0.01 ordinary        Purchase                     400     3.3360 GBP
    USD 0.01 ordinary        Purchase                     100     3.3360 GBP
    USD 0.01 ordinary        Purchase                     400     3.3360 GBP
    USD 0.01 ordinary        Purchase                     500     3.3360 GBP
    USD 0.01 ordinary        Purchase                     300     3.3365 GBP
    USD 0.01 ordinary        Purchase                     300     3.3365 GBP
    USD 0.01 ordinary        Purchase                     100     3.3365 GBP
    USD 0.01 ordinary        Purchase                     300     3.3365 GBP
    USD 0.01 ordinary        Purchase                     172     3.3365 GBP
    USD 0.01 ordinary        Purchase                     300     3.3365 GBP
    USD 0.01 ordinary          Sale                       484     3.3190 GBP
    USD 0.01 ordinary          Sale                       744     3.3220 GBP
    USD 0.01 ordinary          Sale                     1,089     3.3250 GBP
    USD 0.01 ordinary          Sale                       300     3.3260 GBP
    USD 0.01 ordinary          Sale                     7,444     3.3331 GBP
    USD 0.01 ordinary          Sale                       619     3.3365 GBP
    USD 0.01 ordinary          Sale                     1,241     3.3370 GBP
    USD 0.01 ordinary          Sale                       200     3.3370 GBP
    USD 0.01 ordinary          Sale                       200     3.3370 GBP
    USD 0.01 ordinary          Sale                       200     3.3375 GBP
    USD 0.01 ordinary          Sale                       400     3.3380 GBP
    USD 0.01 ordinary          Sale                       210     3.3380 GBP
    USD 0.01 ordinary          Sale                       190     3.3380 GBP
    USD 0.01 ordinary          Sale                        52     3.3385 GBP
    USD 0.01 ordinary          Sale                       283     3.3385 GBP
    USD 0.01 ordinary          Sale                       200     3.3385 GBP
    USD 0.01 ordinary          Sale                       707     3.3385 GBP
    USD 0.01 ordinary          Sale                       100     3.3390 GBP
    USD 0.01 ordinary          Sale                       200     3.3390 GBP
    USD 0.01 ordinary          Sale                       300     3.3390 GBP
    USD 0.01 ordinary          Sale                       500     3.3400 GBP
    USD 0.01 ordinary          Sale                       300     3.3400 GBP
    USD 0.01 ordinary          Sale                         2     3.3400 GBP
    USD 0.01 ordinary          Sale                       200     3.3400 GBP
    USD 0.01 ordinary          Sale                       100     3.3400 GBP
    USD 0.01 ordinary          Sale                       100     3.3400 GBP
    USD 0.01 ordinary          Sale                       300     3.3400 GBP
    USD 0.01 ordinary          Sale                       200     3.3400 GBP
    USD 0.01 ordinary          Sale                       300     3.3400 GBP
    USD 0.01 ordinary          Sale                       498     3.3400 GBP
    USD 0.01 ordinary          Sale                       300     3.3405 GBP
    USD 0.01 ordinary          Sale                       197     3.3405 GBP
    USD 0.01 ordinary          Sale                       303     3.3405 GBP
    USD 0.01 ordinary          Sale                       200     3.3405 GBP
    USD 0.01 ordinary          Sale                       500     3.3405 GBP
    USD 0.01 ordinary          Sale                       100     3.3405 GBP
    USD 0.01 ordinary          Sale                       300     3.3410 GBP
    USD 0.01 ordinary          Sale                       500     3.3410 GBP
    USD 0.01 ordinary          Sale                       100     3.3410 GBP
    USD 0.01 ordinary          Sale                       300     3.3415 GBP
    USD 0.01 ordinary          Sale                       796     3.3435 GBP
    USD 0.01 ordinary          Sale                       600     3.3435 GBP
    USD 0.01 ordinary          Sale                     1,795     3.3505 GBP





Class of relevant security Purchases/sales Total number of securities
    USD 0.01 ordinary         Purchases                        18,272
    USD 0.01 ordinary           Sales                          23,654



(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(b), 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 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





(c) Attachments



Is a Supplemental Form 8 (Open Positions) attached? YES





        Date of disclosure: 29 November 2012
        Contact name:       Audrey Malone and Darren Adam
        Telephone number:   +44(20) 7552 3836 / +44(20) 7051 4224



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.





















  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   (GS) GOLDMAN, SACHS
disclosed:                                          INTERNATIONAL
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  Selling     1,400,000     3.6000   EUROPEAN  21/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling      570,000      3.8500   EUROPEAN  21/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling      600,000      3.8500   EUROPEAN  21/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling      600,000      3.7500   EUROPEAN  11/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling      570,000      3.7500   EUROPEAN  11/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling     1,200,000     3.7500   EUROPEAN  11/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling      570,000      3.9500   EUROPEAN  10/01/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      600,000      3.9500   EUROPEAN  10/01/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling     1,200,000     3.9500   EUROPEAN  10/01/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      400,000      3.7500   EUROPEAN  11/12/2012
ordinary                                          GBP
USD 0.01 Call Option  Selling      400,000      3.7500   EUROPEAN  18/01/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling     1,000,000     3.8000   EUROPEAN  26/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      400,000      3.8000   EUROPEAN  26/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      600,000      3.8000   EUROPEAN  26/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      570,000      3.8000   EUROPEAN  26/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      600,000      3.7000   EUROPEAN  15/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling     1,200,000     3.7000   EUROPEAN  15/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      400,000      3.7000   EUROPEAN  15/02/2013
ordinary                                          GBP
USD 0.01 Call Option  Selling      800,000      3.7000   EUROPEAN  15/02/2013
ordinary                                          GBP





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



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

END


FEOBLBBTMBJTBFT -0- Nov/29/2012 11:38 GMT
 
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