GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC - AMENDMENT

  GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC - AMENDMENT

UK Regulatory Announcement

LONDON

                       FORM 8.5 (EPT/NON-RI) AMENDMENT

         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:       25 January 2013
(e)   Has the EPT previously disclosed, or is it   YES:
      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             2,191,579        0.03%   46,060,179    0.65%
             controlled:
                                                                  
(2)          Derivatives
             (other than
             options):          42,919,454       0.60%   712,843       0.01%
                                                                  
(3)          Options and
             agreements to
             purchase/sell:     0                0.00%   0             0.00%
                                                                  
             TOTAL:
                                45,111,033       0.63%   46,773,022    0.66%
                                                                             
Class of                        Convertible
relevant                       Bond                                 
security:                       XS0475310396
                                Interests               Short         
                                                         Positions
                              Number           (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             5,500,000        0.28%   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:
                                5,500,000        0.28%   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        4,000,000    126.7500 USD
Convertible Bond    Sale            100,000      126.7000 USD
ORD                 Purchase        538          3.9105 GBP
ORD                 Purchase        1,213        3.8935 GBP
ORD                 Purchase        1,631        3.9115 GBP
ORD                 Purchase        1,700        47.1500 HKD
ORD                 Purchase        1,800        47.2500 HKD
ORD                 Purchase        2,830        3.9144 GBP
ORD                 Purchase        3,500        47.0000 HKD
ORD                 Purchase        3,500        47.2000 HKD
ORD                 Purchase        4,079        3.9000 GBP
ORD                 Purchase        4,520        3.9260 GBP
ORD                 Purchase        6,000        47.4500 HKD
ORD                 Purchase        6,462        3.9156 GBP
ORD                 Purchase        7,053        3.8946 GBP
ORD                 Purchase        8,273        3.9142 GBP
ORD                 Purchase        8,639        3.9169 GBP
ORD                 Purchase        9,205        3.8890 GBP
ORD                 Purchase        10,205       3.9107 GBP
ORD                 Purchase        15,850       3.8939 GBP
ORD                 Purchase        16,939       3.9118 GBP
ORD                 Purchase        18,799       3.8817 GBP
ORD                 Purchase        24,310       3.9181 GBP
ORD                 Purchase        24,380       3.8783 GBP
ORD                 Purchase        25,573       3.9246 GBP
ORD                 Purchase        29,810       3.9090 GBP
ORD                 Purchase        49,254       3.9029 GBP
ORD                 Purchase        50,965       3.9089 GBP
ORD                 Purchase        100,717      3.8998 GBP
ORD                 Purchase        109,044      3.9115 GBP
ORD                 Purchase        138,196      3.9097 GBP
ORD                 Purchase        176,012      3.9036 GBP
ORD                 Purchase        338,829      3.9008 GBP
ORD                 Sale            140          3.9200 GBP
ORD                 Sale            200          47.2000 HKD
ORD                 Sale            371          3.9214 GBP
ORD                 Sale            714          3.9005 GBP
ORD                 Sale            1,076        3.9105 GBP
ORD                 Sale            1,741        3.9193 GBP
ORD                 Sale            3,000        47.4000 HKD
ORD                 Sale            3,262        3.9115 GBP
ORD                 Sale            3,400        47.5000 HKD
ORD                 Sale            4,520        3.9260 GBP
ORD                 Sale            5,469        3.9117 GBP
ORD                 Sale            6,000        3.8802 GBP
ORD                 Sale            8,700        47.1097 HKD
ORD                 Sale            11,726       3.9047 GBP
ORD                 Sale            12,049       3.9081 GBP
ORD                 Sale            13,202       3.9097 GBP
ORD                 Sale            20,166       3.9057 GBP
ORD                 Sale            25,917       3.8991 GBP
ORD                 Sale            31,736       3.8996 GBP
ORD                 Sale            40,154       3.9106 GBP
ORD                 Sale            43,227       3.9031 GBP
ORD                 Sale            45,846       3.9062 GBP
ORD                 Sale            61,000       3.8551 GBP
ORD                 Sale            78,078       3.9107 GBP
ORD                 Sale            79,141       3.9089 GBP
ORD                 Sale            94,000       3.8815 GBP
ORD                 Sale            117,891      3.8998 GBP
ORD                 Sale            196,085      3.9123 GBP
ORD                 Sale            258,748      3.9055 GBP
ORD                 Sale            262,671      3.9074 GBP
ORD                 Sale            319,766      3.9063 GBP
ORD                 Sale            399,400      3.8836 GBP
ORD                 Sale            1,002,000    3.9075 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                600          47.3391 HKD
ORD        CFD           Long                5,141        3.9094 GBP
ORD        CFD           Long                16,400       3.8958 GBP
ORD        SWAP          Long                40,154       3.9106 GBP
ORD        SWAP          Long                51,509       3.9121 GBP
ORD        CFD           Long                61,000       3.8551 GBP
ORD        CFD           Long                258,748      3.9054 GBP
ORD        SWAP          Long                274,163      3.9118 GBP
ORD        CFD           Short               218          3.8843 GBP
ORD        SWAP          Short               1,600        3.8720 GBP
ORD        CFD           Short               1,800        47.3072 HKD
ORD        SWAP          Short               3,701        3.8901 GBP
ORD        SWAP          Short               5,852        3.9214 GBP
ORD        CFD           Short               12,549       3.8878 GBP
ORD        CFD           Short               14,307       3.8814 GBP
ORD        CFD           Short               25,573       3.9246 GBP
ORD        SWAP          Short               43,179       3.8798 GBP
ORD        CFD           Short               101,322      3.9197 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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