GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Glencore Intl Plc

  GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Glencore Intl Plc

UK Regulatory Announcement

LONDON

                                                         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:           BARCLAYS CAPITAL SECURITIES
                                                  LTD
(b)   Name of offeror/offeree in relation to      GLENCORE INTL PLC
      whose
     relevant securities this form relates:      
(c)   Name of the party to the offer with which   Advisor to Offeree
      exempt
     principal trader is connected               
(d)   Date position held/dealing undertaken:      3 January 2013
(e)   Has the EPT previously disclosed, or is     YES:
      it
      today disclosing, under the Code in
      respect
     of any other party to this offer?           XSTRATA PLC

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                     ORD                                
security:
                                Interests                  Short Positions
                              Number             (%)     Number       (%)
(1)          Relevant
             securities owned
             and/or             4,109,607          0.06%   40,192,965   0.57%
             controlled:
                                                                   
(2)          Derivatives
             (other than
             options):          39,608,722         0.56%   2,566,686    0.04%
                                                                   
(3)          Options and
             agreements to
             purchase/sell:     0                  0.00%   0            0.00%
                                                                   
(4)          TOTAL:
                                43,718,329         0.62%   42,759,651   0.60%
                                                                   
Class of                        Convertible Bond
relevant                       XS0475310396                          
security:
                                Interests                  Short Positions
                              Number             (%)     Number       (%)
(1)          Relevant
             securities owned
             and/or             3,200,000          0.14%   0            0.00%
             controlled:
                                                                   
(2)          Derivatives
             (other than
             options):          0                  0.00%   0            0.00%
                                                                   
(3)          Options and
             agreements to
             purchase/sell:     0                  0.00%   0            0.00%
                                                                   
(4)          TOTAL:
                                3,200,000          0.14%   0            0.00%

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    Purchase/sale  Number of   Price per unit
security                             securities   
ORD                   Purchase        230          3.7590 GBP
ORD                   Purchase        400          47.0000 HKD
ORD                   Purchase        400          47.2500 HKD
ORD                   Purchase        1,000        47.1000 HKD
ORD                   Purchase        1,200        46.7500 HKD
ORD                   Purchase        1,400        46.6500 HKD
ORD                   Purchase        1,400        46.9000 HKD
ORD                   Purchase        2,100        3.7695 GBP
ORD                   Purchase        2,199        3.7617 GBP
ORD                   Purchase        2,421        3.7780 GBP
ORD                   Purchase        2,600        47.3500 HKD
ORD                   Purchase        3,100        46.6000 HKD
ORD                   Purchase        3,723        3.7708 GBP
ORD                   Purchase        3,947        3.7691 GBP
ORD                   Purchase        5,000        47.5500 HKD
ORD                   Purchase        5,300        46.8000 HKD
ORD                   Purchase        10,000       47.3000 HKD
ORD                   Purchase        12,701       3.7652 GBP
ORD                   Purchase        18,700       47.4000 HKD
ORD                   Purchase        20,453       3.7724 GBP
ORD                   Purchase        21,300       46.7000 HKD
ORD                   Purchase        25,381       3.7741 GBP
ORD                   Purchase        94,659       3.7735 GBP
ORD                   Purchase        97,650       3.7734 GBP
ORD                   Purchase        233,955      3.7676 GBP
ORD                   Purchase        610,000      3.7541 GBP
ORD                   Sale            230          3.7591 GBP
ORD                   Sale            500          46.8000 HKD
ORD                   Sale            600          46.9000 HKD
ORD                   Sale            800          46.9500 HKD
ORD                   Sale            2,199        3.7617 GBP
ORD                   Sale            2,421        3.7780 GBP
ORD                   Sale            4,477        3.7750 GBP
ORD                   Sale            5,246        3.7756 GBP
ORD                   Sale            21,231       3.7711 GBP
ORD                   Sale            23,858       3.7608 GBP
ORD                   Sale            33,989       3.7696 GBP
ORD                   Sale            55,900       47.1597 HKD
ORD                   Sale            75,456       3.7599 GBP
ORD                   Sale            103,096      3.7761 GBP
ORD                   Sale            201,335      3.7709 GBP
ORD                   Sale            352,884      3.7590 GBP
ORD                   Sale            566,300      3.7623 GBP
ORD (traded as ADR)   Purchase        3,200        12.0575 USD
ORD (traded as ADR)   Sale            3,200        12.0575 USD

(b) Derivatives transactions (other than options)

Class of  Product      Nature of dealing  Number of   Price per
relevant   description                       reference    unit
security                                   securities   
ORD        CFD           Long                1,900        46.8349 HKD
ORD        CFD           Long                5,208        3.7620 GBP
ORD        SWAP          Long                5,551        3.7751 GBP
ORD        CFD           Long                15,900       3.7596 GBP
ORD        CFD           Long                59,794       3.7650 GBP
ORD        CFD           Long                75,000       3.7691 GBP
ORD        CFD           Long                103,096      3.7761 GBP
ORD        CFD           Long                105,698      3.7655 GBP
ORD        CFD           Long                206,692      3.7642 GBP
ORD        CFD           Short               1,645        3.7606 GBP
ORD        CFD           Short               15,900       46.7913 HKD
ORD        CFD           Short               20,826       3.7682 GBP
ORD        CFD           Short               59,794       3.7650 GBP
ORD        CFD           Short               233,955      3.7676 GBP

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

                         Writing,      Number of               Type                 Option
Class of   Product       purchasing,   securities   Exercise                        money
relevant  description  selling,     to which    price     e.g.       Expiry  paid/
security   e.g. call     varying       option       per unit   American,   date     received
           option        etc.          relates                 European             per unit
                                                               etc.

(ii) Exercising

                     Product
Class of relevant   description         Number of          Exercise price
security                                  securities          per unit
                     e.g. call option

(d) Other dealings (including subscribing for new securities)

                    Nature of dealing
Class of relevant                      Details  Price per unit (if
security            e.g. subscription,             applicable)
                    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?  NO

Date of disclosure:  4 Jan 2013
Contact name:        Geoff Smith
Telephone number:    020 3555 4632

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.

Contact:

BARCLAYS PLC