Magnetar Financial LLC: Form 8.3: Magnetar Financial (UK) LLP-Glencore Intl

Magnetar Financial LLC: Form 8.3: Magnetar Financial (UK) LLP-Glencore Intl
FORM 8.3 


           PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY            
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE     
                  Rule 8.3 of the Takeover Code (the "Code")                   

1. KEY INFORMATION

(a) Identity of the person whose positions/    Magnetar Financial (UK) LLP   
dealings are being disclosed:                                                


                                                                         
(b) Owner or controller of interests and short N/A                           
positions disclosed, if different from 1(a):                                  
                                                                         
The naming of nominee or vehicle companies is                                
insufficient                                                                  
                                                                         
(c) Name of offeror/offeree in relation to     Glencore International Plc    
whose relevant securities this form relates:                                  
                                                                         
Use a separate form for each offeror/offeree                                  
                                                                         
(d) If an exempt fund manager connected with   N/A                           
an offeror/offeree, state this and specify                                   
identity of offeror/offeree:                                                  
                                                                         
(e) Date position held/dealing undertaken:     January 31, 2013               
                                                                         
(f) Has the discloser previously disclosed, or Yes                           
are they today disclosing, under the Code in                                 
respect of any other party to this offer?      If YES, specify which: Xstrata 


                                               Plc                           

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(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:                  Convertible Bond                
                                                                             
                                 Interests            Short positions   
                                                                             
                           Number         %          Number         %           


                                                                
(1) Relevant securities  49,000,000      2.13%                      
owned and/or                                                        
controlled:                                                          
                                                                
(2) Derivatives (other                                              
than options):                                                       
                                                                
(3) Options and                                                     
agreements to purchase/                                             
sell:                                                                
                                                                
TOTAL:                   49,000,000      2.13%                       
Class of relevant security:                    Common Stock                   


                                                                             
                                     Interests            Short positions    
                                                                             
                                  Number         %        Number         %   


                                                                         
(1) Relevant securities owned                          4,625,076 USD  .07%   
and/or controlled:                                                            
                                                  27,806,695 GBP  .39%    
                                                                         
(2) Derivatives (other than                                                  
options):                                                                     
                                                                         
(3) Options and agreements to                                                
purchase/sell:                                                                
                                                                         
TOTAL:                                                  32,431,771    .46%    
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(c), copy
table 2(a) or (b) (as appropriate) for each additional class of relevant
security. 
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE 
(a) Purchases and sales 
 Class of relevant    Purchase/sale         Number of        Price per unit   
 security                              securities                         
                                                                          
Common stock     Cover short              852,891           3.9472 GBP     
                                                                          
Common stock     Sell short               121,068           6.2450 USD     
                                                                          
(b) Derivatives transactions (other than options) 
Class of      Product      Nature of dealing     Number of     Price per   
relevant    description                          reference       unit      
security                 e.g. opening/closing a  securities                


                 e.g. CFD    long/short position,                   (USD)    
                            increasing/reducing a                            
                             long/short position                             
                                                                             

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of   Product    Writing,   Number of  Exercise   Type    Expiry  Option 
relevant description purchasing, securities  price              date   money  
security  e.g. call   selling,    to which  per unit   e.g.            paid/  
           option      varying     option            American,        received
                        etc.      relates            European         per unit
                                                       etc.                   
                                                                              

(ii) Exercising

 Class of relevant       Product            Number of      Exercise price per
     security          description         securities             unit       
                                                                             
                     e.g. call option                                        
                                                                             

(d) Other dealings (including subscribing for new securities)

Class of relevant    Nature of dealing          Details       Price per unit 
    security                                                 (if applicable) 
                     e.g. subscription,                                      
                         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(c), 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 person  
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" 
                                                                          
(b) Agreements, arrangements or understandings relating to options or
derivatives 
Details of any agreement, arrangement or understanding, formal or informal,  
between the person 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" 
                                                                          
(c) Attachments 
Is a Supplemental Form 8 (Open Positions) attached?                 No        
Date of disclosure:                    February 1, 2013                       
                                                                         
Contact name:                          Julianna Ethell                        
                                                                         
Telephone number:                      847-905-4688                           
                                                                          
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. 
                                                                          4 
END 
-0- Feb/01/2013 15:15 GMT