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GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Glencore International - Amendment

  GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Glencore International - Amendment

UK Regulatory Announcement

LONDON

                                  Amendment

                            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:      14 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 security:      ORD
                                  Interests           Short Positions
                                 Number      (%)     Number      (%)
(1)  Relevant securities owned
      and/or controlled:          4,620,706    0.06%   42,716,678   0.60%
                                                               
(2)   Derivatives (other than
      options):                   42,040,533   0.59%   2,296,223    0.03%
                                                               
(3)   Options and agreements to
      purchase/sell:              0            0.00%   0            0.00%
                                                               
(4)   TOTAL:
                                  46,661,239   0.65%   45,012,901   0.63%
                                                                          
Class of relevant security:       Convertible Bond XS0475310396
                                  Interests            Short Positions
                                 Number       (%)     Number       (%)
(1)   Relevant securities owned
      and/or controlled:          3,100,000    0.13%   0            0.00%
                                                               
(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:
                                  3,100,000    0.13%   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   
Convertible Bond    Purchase        2,000,000    128.4500 USD
ORD                 Purchase        1,278        3.1975 GBP
ORD                 Purchase        1,319        3.9175 GBP
ORD                 Purchase        1,391        3.9027 GBP
ORD                 Purchase        1,708        3.9150 GBP
ORD                 Purchase        1,822        3.9157 GBP
ORD                 Purchase        2,200        48.2500 HKD
ORD                 Purchase        2,218        3.9075 GBP
ORD                 Purchase        2,291        3.8996 GBP
ORD                 Purchase        3,714        3.9091 GBP
ORD                 Purchase        3,992        3.9094 GBP
ORD                 Purchase        4,782        3.9087 GBP
ORD                 Purchase        5,128        3.9020 GBP
ORD                 Purchase        5,700        48.3500 HKD
ORD                 Purchase        5,808        3.9034 GBP
ORD                 Purchase        6,000        48.3000 HKD
ORD                 Purchase        7,530        3.9101 GBP
ORD                 Purchase        11,000       48.4000 HKD
ORD                 Purchase        11,538       3.9063 GBP
ORD                 Purchase        13,038       3.9083 GBP
ORD                 Purchase        25,700       48.6000 HKD
ORD                 Purchase        26,500       48.4500 HKD
ORD                 Purchase        30,500       48.5500 HKD
ORD                 Purchase        34,500       48.6500 HKD
ORD                 Purchase        50,250       3.9070 GBP
ORD                 Purchase        50,900       48.5000 HKD
ORD                 Purchase        81,440       3.9084 GBP
ORD                 Purchase        142,876      3.9030 GBP
ORD                 Purchase        142,877      3.9035 GBP
ORD                 Purchase        625,000      3.9040 GBP
ORD                 Purchase        962,578      3.9078 GBP
ORD                 Sale            100          48.0500 HKD
ORD                 Sale            100          48.4000 HKD
ORD                 Sale            300          48.4500 HKD
ORD                 Sale            300          48.6500 HKD
ORD                 Sale            600          48.5500 HKD
ORD                 Sale            900          48.5000 HKD
ORD                 Sale            1,148        3.9010 GBP
ORD                 Sale            1,910        3.9098 GBP
ORD                 Sale            2,000        3.9035 GBP
ORD                 Sale            2,654        3.9120 GBP
ORD                 Sale            3,154        3.9175 GBP
ORD                 Sale            6,173        3.9075 GBP
ORD                 Sale            10,053       3.9087 GBP
ORD                 Sale            21,642       3.9084 GBP
ORD                 Sale            47,385       3.9070 GBP
ORD                 Sale            48,372       3.9077 GBP
ORD                 Sale            61,350       3.9061 GBP
ORD                 Sale            67,243       3.9051 GBP
ORD                 Sale            78,343       3.9064 GBP
ORD                 Sale            79,552       3.9037 GBP
ORD                 Sale            100,000      3.8978 GBP
ORD                 Sale            107,182      3.9055 GBP
ORD                 Sale            111,234      3.9076 GBP
ORD                 Sale            133,609      3.9053 GBP
ORD                 Sale            174,300      3.9162 GBP
ORD                 Sale            178,200      48.5195 HKD
ORD                 Sale            192,757      3.9036 GBP
ORD                 Sale            454,205      3.9048 GBP

(b) Derivatives transactions (other than options)

Class of  Product      Nature of dealing  Number of   Price per
relevant   description                       reference    unit
security                                   securities   
ORD        SWAP          Long                12           3.9091 GBP
ORD        CFD           Long                100          48.3372 HKD
ORD        CFD           Long                2,200        48.4484 HKD
ORD        CFD           Long                3,662        3.9037 GBP
ORD        CFD           Long                7,732        3.9074 GBP
ORD        CFD           Long                8,456        3.9052 GBP
ORD        CFD           Long                67,243       3.9051 GBP
ORD        CFD           Long                100,000      3.8978 GBP
ORD        CFD           Long                161,008      3.9061 GBP
ORD        CFD           Long                189,095      3.9036 GBP
ORD        CFD           Short               14,466       3.9063 GBP
ORD        CFD           Short               14,800       48.6121 HKD

(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:                                   16 Jan 2013
Contact name:                                         Geoff Smith
Telephone number:                                     0203 555 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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