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:      28 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             2,518,899        0.04%   46,752,705    0.66%
             controlled:
                                                                  
(2)          Derivatives
             (other than
             options):          44,274,238       0.62%   723,045       0.01%
                                                                  
(3)          Options and
             agreements to
             purchase/sell:     0                0.00%   0             0.00%
                                                                  
(4)          TOTAL:
                                46,793,137       0.66%   47,475,750    0.67%
                                                                             
Class of                        Convertible
relevant                       Bond                                 
security:                       XS0475310396
                                Interests               Short         
                                                         Positions
                              Number           (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             6,200,000        0.32%   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:
                                6,200,000        0.32%   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        2,500,000    127.0000 USD
Convertible Bond    Sale            800,000      126.7500 USD
Convertible Bond    Sale            1,000,000    127.0500 USD
ORD                 Purchase        150          3.9225 GBP
ORD                 Purchase        738          3.9080 GBP
ORD                 Purchase        800          47.7500 HKD
ORD                 Purchase        813          3.9300 GBP
ORD                 Purchase        872          3.9120 GBP
ORD                 Purchase        1,153        3.9005 GBP
ORD                 Purchase        3,100        47.8000 HKD
ORD                 Purchase        3,680        3.9174 GBP
ORD                 Purchase        5,500        47.7000 HKD
ORD                 Purchase        6,000        47.6500 HKD
ORD                 Purchase        9,100        47.6000 HKD
ORD                 Purchase        10,461       3.9204 GBP
ORD                 Purchase        36,777       3.9230 GBP
ORD                 Purchase        44,403       3.9136 GBP
ORD                 Purchase        45,314       3.9141 GBP
ORD                 Purchase        96,419       3.9092 GBP
ORD                 Purchase        108,911      3.9254 GBP
ORD                 Purchase        126,977      3.9137 GBP
ORD                 Purchase        128,876      3.9130 GBP
ORD                 Purchase        142,903      3.9050 GBP
ORD                 Purchase        142,903      3.9250 GBP
ORD                 Sale            100          47.6000 HKD
ORD                 Sale            308          3.9009 GBP
ORD                 Sale            394          3.9209 GBP
ORD                 Sale            400          47.7000 HKD
ORD                 Sale            800          47.7500 HKD
ORD                 Sale            980          3.9166 GBP
ORD                 Sale            1,053        3.9005 GBP
ORD                 Sale            1,403        3.9125 GBP
ORD                 Sale            1,998        3.9200 GBP
ORD                 Sale            2,084        3.9118 GBP
ORD                 Sale            4,093        3.9101 GBP
ORD                 Sale            4,100        47.6500 HKD
ORD                 Sale            6,462        3.9035 GBP
ORD                 Sale            7,236        3.9121 GBP
ORD                 Sale            9,646        3.9116 GBP
ORD                 Sale            14,979       3.9054 GBP
ORD                 Sale            18,995       3.9159 GBP
ORD                 Sale            20,100       47.6641 HKD
ORD                 Sale            47,352       3.9080 GBP
ORD                 Sale            56,552       3.9182 GBP
ORD                 Sale            82,350       3.9157 GBP
ORD                 Sale            82,350       3.9174 GBP
ORD                 Sale            162,338      3.9086 GBP
ORD                 Sale            204,832      3.9167 GBP
ORD                 Sale            249,600      3.9234 GBP
ORD                 Sale            300,551      3.9133 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          47.6405 HKD
ORD        CFD           Long                400          47.6029 HKD
ORD        CFD           Long                4,400        3.9396 GBP
ORD        CFD           Long                4,900        47.6069 HKD
ORD        CFD           Long                12,964       3.9097 GBP
ORD        CFD           Long                45,365       3.9171 GBP
ORD        CFD           Long                82,350       3.9157 GBP
ORD        CFD           Long                82,350       3.9174 GBP
ORD        CFD           Short               4,400        47.7254 HKD
ORD        SWAP          Short               6,446        3.9102 GBP
ORD        CFD           Short               24,323       3.9298 GBP
ORD        CFD           Short               17,416       3.9210 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:  29 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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