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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:      24 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             2,480,052        0.03%   44,397,082    0.63%
             controlled:
                                                                        
(2)          Derivatives
             (other than
             options):          42,679,388       0.60%   970,391       0.01%
                                                                        
(3)          Options and
             agreements to
             purchase/sell:     0                0.00%   0             0.00%
                                                                        
(4)          TOTAL:
                                45,159,440       0.64%   45,367,473    0.64%
                                                                              
Class of                        Convertible
relevant                        Bond                                    
security:                       XS0475310396
                                Interests                Short          
                                                         Positions
                                Number           (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             1,600,000        0.08%   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:
                                1,600,000        0.08%   0             0.00%
                                                                              
Class of
relevant                        ADR                                     
security:
                                Interests                Short          
                                                         Positions
                                Number           (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             0                0.00%   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:
                                0                0.00%   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        800,000      126.6000 USD
ORD                   Purchase        1,294        3.8625 GBP
ORD                   Purchase        1,900        3.8609 GBP
ORD                   Purchase        4,016        3.8669 GBP
ORD                   Purchase        5,832        3.8308 GBP
ORD                   Purchase        7,000        47.2500 HKD
ORD                   Purchase        7,199        3.8249 GBP
ORD                   Purchase        15,019       3.8213 GBP
ORD                   Purchase        18,380       3.8870 GBP
ORD                   Purchase        20,000       47.2000 HKD
ORD                   Purchase        24,208       3.8623 GBP
ORD                   Purchase        26,545       3.8834 GBP
ORD                   Purchase        29,347       3.8434 GBP
ORD                   Purchase        30,784       3.8794 GBP
ORD                   Purchase        53,424       3.8348 GBP
ORD                   Purchase        57,709       3.8631 GBP
ORD                   Purchase        96,954       3.8752 GBP
ORD                   Purchase        164,787      3.8705 GBP
ORD                   Purchase        188,766      3.8676 GBP
ORD                   Purchase        200,470      3.8865 GBP
ORD                   Purchase        721,807      3.8773 GBP
ORD                   Purchase        1,717,837    3.8775 GBP
ORD                   Sale            200          47.2000 HKD
ORD                   Sale            749          3.8617 GBP
ORD                   Sale            1,000        47.3000 HKD
ORD                   Sale            1,818        3.8554 GBP
ORD                   Sale            1,889        3.8846 GBP
ORD                   Sale            1,945        3.8709 GBP
ORD                   Sale            4,002        3.8912 GBP
ORD                   Sale            5,252        3.8570 GBP
ORD                   Sale            5,317        3.8870 GBP
ORD                   Sale            5,379        3.8685 GBP
ORD                   Sale            16,919       3.8259 GBP
ORD                   Sale            20,387       3.8597 GBP
ORD                   Sale            22,543       3.8822 GBP
ORD                   Sale            24,537       3.8767 GBP
ORD                   Sale            27,000       47.2129 HKD
ORD                   Sale            27,918       3.8710 GBP
ORD                   Sale            76,000       3.8690 GBP
ORD                   Sale            117,671      3.8777 GBP
ORD                   Sale            123,878      3.8734 GBP
ORD                   Sale            179,106      3.8639 GBP
ORD                   Sale            596,563      3.8785 GBP
ORD                   Sale            2,800,000    3.8771 GBP
ORD (traded as ADR)   Purchase        600          12.2700 USD
ORD (traded as ADR)   Purchase        2,418        12.1781 USD
ORD (traded as ADR)   Sale            600          12.2700 USD
ORD (traded as ADR)   Sale            2,418        12.1781 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                600          3.9053 GBP
ORD        CFD           Long                1,200        47.2233 HKD
ORD        CFD           Long                26,214       3.8491 GBP
ORD        CFD           Long                31,000       3.8627 GBP
ORD        CFD           Long                87,568       3.8860 GBP
ORD        SWAP          Long                596,563      3.8785 GBP
ORD        CFD           Short               400          3.8943 GBP
ORD        SWAP          Short               8,334        3.8913 GBP
ORD        CFD           Short               17,444       3.8012 GBP
ORD        CFD           Short               22,538       3.8515 GBP
ORD        SWAP          Short               57,709       3.8631 GBP
ORD        CFD           Short               55,420       3.8418 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:   25 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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