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 whose relevant
securities this form relates:                              GLENCORE INTL PLC

Use a separate form for each offeror/offeree
(c) Name of the party to the offer with which exempt       Advisor to Offeree
principal trader is connected:
(d) Date position held/dealing undertaken:                 7 Jan 2013
(e) Has the EPT previously disclosed, or is it today        YES:
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             4,150,612         0.06%   40,387,634    0.57%
             controlled:
                                                                   
(2)          Derivatives
             (other than
             options):          40,002,705        0.56%   2,561,204     0.04%
                                                                   
(3)          Options and
             agreements to
             purchase/sell:     0                 0.00%   0             0.00%
                                                                   
(4)          TOTAL:
                                44,153,317        0.62%   42,948,838    0.60%
                                                                   
Class of                        Convertible
relevant                       Bond                                  
security:                       XS0475310396
                                Interests                Short         
                                                          Positions
                              Number            (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             1,200,000         0.05%   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:
                                1,200,000         0.05%   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        200          3.7895 GBP
ORD                 Purchase        400          47.1500 HKD
ORD                 Purchase        900          3.7840 GBP
ORD                 Purchase        1,133        3.7764 GBP
ORD                 Purchase        1,148        3.7870 GBP
ORD                 Purchase        4,000        46.9000 HKD
ORD                 Purchase        5,800        47.0500 HKD
ORD                 Purchase        9,499        3.7852 GBP
ORD                 Purchase        9,700        47.1000 HKD
ORD                 Purchase        10,000       46.9500 HKD
ORD                 Purchase        11,800       47.0000 HKD
ORD                 Purchase        20,170       3.7834 GBP
ORD                 Purchase        36,640       3.7793 GBP
ORD                 Purchase        39,590       3.7893 GBP
ORD                 Purchase        44,861       3.7975 GBP
ORD                 Purchase        78,940       3.7880 GBP
ORD                 Purchase        125,270      3.7841 GBP
ORD                 Purchase        170,347      3.7835 GBP
ORD                 Purchase        227,881      3.7900 GBP
ORD                 Purchase        261,000      3.7823 GBP
ORD                 Purchase        269,693      3.7882 GBP
ORD                 Sale            100          46.8000 HKD
ORD                 Sale            233          3.7880 GBP
ORD                 Sale            1,555        3.7877 GBP
ORD                 Sale            2,884        3.7975 GBP
ORD                 Sale            3,807        3.7840 GBP
ORD                 Sale            4,749        3.7727 GBP
ORD                 Sale            5,589        3.7835 GBP
ORD                 Sale            6,734        3.7810 GBP
ORD                 Sale            8,944        3.7909 GBP
ORD                 Sale            13,001       3.7891 GBP
ORD                 Sale            14,012       3.7905 GBP
ORD                 Sale            14,202       3.7887 GBP
ORD                 Sale            29,906       3.7791 GBP
ORD                 Sale            34,581       3.7915 GBP
ORD                 Sale            37,400       47.0203 HKD
ORD                 Sale            54,589       3.7934 GBP
ORD                 Sale            78,532       3.7898 GBP
ORD                 Sale            88,347       3.7923 GBP
ORD                 Sale            113,063      3.7873 GBP
ORD                 Sale            183,225      3.7860 GBP
ORD                 Sale            516,216      3.7888 GBP

(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                100          46.7406 HKD
ORD        CFD           Long                800          3.7817 GBP
ORD        SWAP          Long                1,740        3.7965 GBP
ORD        CFD           Long                4,300        3.7896 GBP
ORD        CFD           Long                7,198        3.7825 GBP
ORD        CFD           Long                11,940       3.7820 GBP
ORD        CFD           Long                26,756       3.7885 GBP
ORD        CFD           Short               4,023        3.7735 GBP
ORD        CFD           Short               4,300        46.9772 HKD
ORD        CFD           Short               11,160       3.7797 GBP
ORD        CFD           Short               44,134       3.7758 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:  8 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
 
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