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

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

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:      16 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:          4,123,148    0.06%   42,621,767   0.60%
                                                               
(2)   Derivatives (other than
      options):                   41,490,739   0.58%   2,308,222    0.03%
                                                               
(3)   Options and agreements to
      purchase/sell:              0            0.00%   0            0.00%
                                                               
(4)   TOTAL:
                                  45,613,887   0.64%   44,929,989   0.63%
                                                                          
Class of relevant security:       Convertible Bond XS0475310396
                                  Interests            Short Positions
                                 Number       (%)     Number       (%)
(1)   Relevant securities owned
      and/or controlled:          1,100,000    0.05%   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:
                                  1,100,000    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   
Convertible Bond      Purchase        2,000,000    128.6250 USD
Convertible Bond      Purchase        3,000,000    127.6250 USD
Convertible Bond      Sale            7,000,000    127.7500 USD
ORD                   Purchase        100          3.8430 GBP
ORD                   Purchase        200          48.8000 HKD
ORD                   Purchase        800          49.1000 HKD
ORD                   Purchase        1,000        3.9300 GBP
ORD                   Purchase        1,000        49.0500 HKD
ORD                   Purchase        1,701        3.8092 GBP
ORD                   Purchase        1,800        48.5500 HKD
ORD                   Purchase        2,200        3.8118 GBP
ORD                   Purchase        2,400        3.8010 GBP
ORD                   Purchase        3,293        3.8439 GBP
ORD                   Purchase        3,500        48.7000 HKD
ORD                   Purchase        4,121        3.8147 GBP
ORD                   Purchase        4,400        49.0340 HKD
ORD                   Purchase        4,505        3.8365 GBP
ORD                   Purchase        4,977        3.8119 GBP
ORD                   Purchase        5,300        48.8500 HKD
ORD                   Purchase        5,442        3.8079 GBP
ORD                   Purchase        5,555        3.7953 GBP
ORD                   Purchase        6,187        3.8373 GBP
ORD                   Purchase        6,900        49.0000 HKD
ORD                   Purchase        7,200        48.9000 HKD
ORD                   Purchase        9,711        3.8399 GBP
ORD                   Purchase        12,604       3.8252 GBP
ORD                   Purchase        14,600       3.7958 GBP
ORD                   Purchase        19,551       3.8394 GBP
ORD                   Purchase        21,800       48.6500 HKD
ORD                   Purchase        27,227       3.7984 GBP
ORD                   Purchase        41,700       48.6000 HKD
ORD                   Purchase        52,000       3.8521 GBP
ORD                   Purchase        63,017       3.8197 GBP
ORD                   Purchase        97,445       3.8335 GBP
ORD                   Purchase        236,971      3.8417 GBP
ORD                   Purchase        349,690      3.8202 GBP
ORD                   Purchase        378,242      3.8623 GBP
ORD                   Purchase        4,094,206    3.8050 GBP
ORD                   Sale            1,000        49.0500 HKD
ORD                   Sale            1,000        49.1000 HKD
ORD                   Sale            1,368        3.8575 GBP
ORD                   Sale            2,400        49.0000 HKD
ORD                   Sale            3,300        48.5500 HKD
ORD                   Sale            5,671        3.7945 GBP
ORD                   Sale            7,798        3.8398 GBP
ORD                   Sale            16,925       3.8023 GBP
ORD                   Sale            23,161       3.8016 GBP
ORD                   Sale            25,000       3.8096 GBP
ORD                   Sale            28,383       3.7914 GBP
ORD                   Sale            28,633       3.8637 GBP
ORD                   Sale            28,841       3.8167 GBP
ORD                   Sale            29,988       3.8101 GBP
ORD                   Sale            55,033       3.8039 GBP
ORD                   Sale            55,104       3.8425 GBP
ORD                   Sale            59,058       3.7963 GBP
ORD                   Sale            65,392       3.8042 GBP
ORD                   Sale            86,000       48.6976 HKD
ORD                   Sale            114,334      3.8238 GBP
ORD                   Sale            134,363      3.8047 GBP
ORD                   Sale            217,786      3.9279 GBP
ORD                   Sale            298,630      3.8066 GBP
ORD                   Sale            327,919      3.8003 GBP
ORD                   Sale            338,000      3.8397 GBP
ORD                   Sale            350,000      3.8025 GBP
ORD                   Sale            415,848      3.7982 GBP
ORD                   Sale            781,933      3.8085 GBP
ORD                   Sale            2,558,621    3.8063 GBP
ORD (traded as ADR)   Purchase        200          12.2200 USD
ORD (traded as ADR)   Sale            200          12.2200 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                3,300        48.4883 HKD
ORD        CFD           Long                4,200        3.9296 GBP
ORD        CFD           Long                4,457        3.8563 GBP
ORD        CFD           Long                4,505        3.8726 GBP
ORD        CFD           Long                7,185        3.9137 GBP
ORD        CFD           Long                14,701       3.8081 GBP
ORD        CFD           Long                21,390       3.8638 GBP
ORD        CFD           Long                28,633       3.8637 GBP
ORD        CFD           Long                80,000       3.8293 GBP
ORD        CFD           Long                338,000      3.8397 GBP
ORD        CFD           Short               3,000        3.8008 GBP
ORD        CFD           Short               3,602        3.8072 GBP
ORD        SWAP          Short               3,900        3.8000 GBP
ORD        CFD           Short               4,000        3.8403 GBP
ORD        CFD           Short               4,200        48.6787 HKD
ORD        CFD           Short               6,400        3.7928 GBP
ORD        SWAP          Short               6,540        3.7955 GBP
ORD        CFD           Short               13,382       3.8609 GBP
ORD        SWAP          Short               41,827       3.7975 GBP
ORD        CFD           Short               95,110       3.8394 GBP
ORD        CFD           Short               282,240      3.8158 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:                                   17 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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