GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Glencore International Plc

  GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) Glencore International 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 whose   GLENCORE INTL PLC
    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:         5 February 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 controlled:   3,125,378    0.04%   45,469,588    0.64%
                                                                         
(2)             Derivatives (other
                than
                options):            43,571,599   0.61%   1,300,446     0.02%
                                                                         
(3)             Options and
                agreements to
                purchase/sell:       0            0.00%   0             0.00%
                                                                         
(4)             TOTAL:
                                     46,696,977   0.66%   46,770,034    0.66%

Class of                       Convertible Bond
relevant                       XS0475310396                              
security:
                               Interests                   Short         
                                                           Positions
                               Number              (%)     Number       (%)
(1)        Relevant
           securities owned
           and/or              3,700,000           0.19%   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:
                               3,700,000           0.19%   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    Sale            2,500,000    125.3750 USD
ORD                 Purchase        100          47.0500 HKD
ORD                 Purchase        174          3.8310 GBP
ORD                 Purchase        400          47.6000 HKD
ORD                 Purchase        800          47.3000 HKD
ORD                 Purchase        1,024        3.8382 GBP
ORD                 Purchase        1,200        47.3041 HKD
ORD                 Purchase        1,633        3.8175 GBP
ORD                 Purchase        2,184        3.8462 GBP
ORD                 Purchase        2,334        3.8326 GBP
ORD                 Purchase        3,425        3.8480 GBP
ORD                 Purchase        4,210        3.8300 GBP
ORD                 Purchase        8,782        3.8453 GBP
ORD                 Purchase        22,764       3.8425 GBP
ORD                 Purchase        24,543       3.8420 GBP
ORD                 Purchase        26,044       3.8446 GBP
ORD                 Purchase        41,282       3.8393 GBP
ORD                 Purchase        51,068       3.8491 GBP
ORD                 Purchase        81,659       3.8485 GBP
ORD                 Purchase        109,706      3.8439 GBP
ORD                 Purchase        144,314      3.8408 GBP
ORD                 Purchase        199,870      3.8447 GBP
ORD                 Purchase        249,600      3.8449 GBP
ORD                 Purchase        254,991      3.8391 GBP
ORD                 Purchase        300,000      3.8720 GBP
ORD                 Sale            100          47.3000 HKD
ORD                 Sale            100          47.3500 HKD
ORD                 Sale            174          3.8310 GBP
ORD                 Sale            247          3.8165 GBP
ORD                 Sale            400          47.6000 HKD
ORD                 Sale            600          47.1000 HKD
ORD                 Sale            1,156        3.8339 GBP
ORD                 Sale            2,100        3.8780 GBP
ORD                 Sale            2,865        3.8338 GBP
ORD                 Sale            3,208        3.8437 GBP
ORD                 Sale            4,840        3.8481 GBP
ORD                 Sale            5,057        3.8316 GBP
ORD                 Sale            5,272        3.8160 GBP
ORD                 Sale            22,947       3.8426 GBP
ORD                 Sale            37,921       3.8479 GBP
ORD                 Sale            41,805       3.8380 GBP
ORD                 Sale            56,028       3.8420 GBP
ORD                 Sale            57,161       3.8340 GBP
ORD                 Sale            85,400       3.8367 GBP
ORD                 Sale            91,049       3.8423 GBP
ORD                 Sale            197,997      3.8364 GBP
ORD                 Sale            207,685      3.8353 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                2,100        3.8780 GBP
ORD        SWAP          Long                5,272        3.8160 GBP
ORD        CFD           Long                85,400       3.8366 GBP
ORD        CFD           Long                197,997      3.8364 GBP
ORD        CFD           Short               500          47.5475 HKD
ORD        CFD           Short               600          3.8350 GBP
ORD        CFD           Short               800          47.3600 HKD
ORD        CFD           Short               29,848       3.8421 GBP
ORD        SWAP          Short               31,506       3.8412 GBP
ORD        SWAP          Short               41,649       3.8454 GBP
ORD        CFD           Short               67,620       3.8393 GBP
ORD        CFD           Short               150,148      3.8372 GBP
ORD        SWAP          Short               225,973      3.8436 GBP
ORD        CFD           Short               300,000      3.8720 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:   6 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