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 whose relevant
securities this form relates:                              GLENCORE INTL PLC

Use a separate form for each offeror/offeree
(c) Name of the party to the offer with which exempt       Advisor to Offeree
principal trader is connected:
(d) Date position held/dealing undertaken:                 31 January 2013
(e) Has the EPT previously disclosed, or is it today        YES:XSTRATA PLC
disclosing, under the Code in respect of any other party  
to this offer?                                              

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       (%)
             Relevant
(1)          securities
             owned
             and/or            2,860,116          0.04%   45,204,687   0.64%
             controlled:
                                                                  
(2)          Derivatives
             (other than
             options):         43,058,460         0.61%   506,167      0.01%
                                                                  
(3)          Options and
             agreements to
             purchase/sell:    0                  0.00%   0            0.00%
                                                                  
(4)          TOTAL:
                               45,918,576         0.65%   45,710,854   0.64%
                                                                             
Class of                       Convertible Bond
relevant                      XS0475310396                          
security:
                               Interests                  Short Positions
                             Number             (%)     Number       (%)
             Relevant
(1)          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        3,000,000    127.0000 USD
Convertible Bond    Sale            3,000,000    127.0000 USD
ORD                 Purchase        500          3.9570 GBP
ORD                 Purchase        642          3.9380 GBP
ORD                 Purchase        1,846        3.9345 GBP
ORD                 Purchase        1,976        3.9577 GBP
ORD                 Purchase        6,384        3.9468 GBP
ORD                 Purchase        7,800        47.9294 HKD
ORD                 Purchase        10,499       3.9345 GBP
ORD                 Purchase        13,874       3.9552 GBP
ORD                 Purchase        21,400       3.9443 GBP
ORD                 Purchase        28,591       3.9534 GBP
ORD                 Purchase        31,617       3.9435 GBP
ORD                 Purchase        45,000       3.9371 GBP
ORD                 Purchase        67,116       3.9500 GBP
ORD                 Purchase        90,920       3.9512 GBP
ORD                 Purchase        126,634      3.9511 GBP
ORD                 Purchase        315,800      3.9387 GBP
ORD                 Purchase        339,288      3.9525 GBP
ORD                 Purchase        503,247      3.9504 GBP
ORD                 Sale            600          3.9510 GBP
ORD                 Sale            800          48.0000 HKD
ORD                 Sale            2,000        3.9365 GBP
ORD                 Sale            2,000        48.1000 HKD
ORD                 Sale            2,059        3.9345 GBP
ORD                 Sale            2,397        3.9432 GBP
ORD                 Sale            3,809        3.9599 GBP
ORD                 Sale            4,878        3.9497 GBP
ORD                 Sale            5,000        47.8500 HKD
ORD                 Sale            5,647        3.9424 GBP
ORD                 Sale            7,421        3.9370 GBP
ORD                 Sale            7,870        3.9488 GBP
ORD                 Sale            9,603        3.9368 GBP
ORD                 Sale            10,500       3.9560 GBP
ORD                 Sale            11,838       3.9513 GBP
ORD                 Sale            15,460       3.9440 GBP
ORD                 Sale            26,243       3.9566 GBP
ORD                 Sale            33,654       3.9452 GBP
ORD                 Sale            34,834       3.9508 GBP
ORD                 Sale            36,596       3.9350 GBP
ORD                 Sale            40,413       3.9489 GBP
ORD                 Sale            41,175       3.9284 GBP
ORD                 Sale            71,779       3.9498 GBP
ORD                 Sale            110,160      3.9503 GBP
ORD                 Sale            206,599      3.9527 GBP
ORD                 Sale            299,500      3.9517 GBP
ORD                 Sale            350,000      3.9553 GBP

(b) Derivatives transactions (other than options)

Class of  Product      Nature of dealing  Number of   Price per
relevant   description                       reference    unit
security                                   securities   
ORD        SWAP          Long                1,500        3.9571 GBP
ORD        CFD           Long                2,496        3.9433 GBP
ORD        SWAP          Long                6,100        3.9545 GBP
ORD        CFD           Long                16,240       3.9453 GBP
ORD        CFD           Long                23,232       3.9419 GBP
ORD        SWAP          Long                36,743       3.9564 GBP
ORD        CFD           Long                50,646       3.9428 GBP
ORD        CFD           Short               3,166        3.9440 GBP
ORD        SWAP          Short               4,200        3.9420 GBP
ORD        SWAP          Short               6,384        3.9468 GBP
ORD        SWAP          Short               53,017       3.9438 GBP
ORD        CFD           Short               84,696       3.9521 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:  4 Feb 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