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 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:                  13 February 2013
                                                            YES:

(e) Has the EPT previously disclosed, or is 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             2,767,095         0.04%   46,796,486    0.66%
             controlled:
                                                                         
(2)          Derivatives
             (other than
             options):          43,813,581        0.62%   1,080,175     0.02%
                                                                         
(3)          Options and
             agreements to
             purchase/sell:     0                 0.00%   0             0.00%
                                                                         
(4)          TOTAL:
                                46,580,676        0.66%   47,876,661    0.67%
                                                                         
Class of                        Convertible
relevant                        Bond                                     
security:                       XS0475310396
                                Interests                 Short          
                                                          Positions
                                Number            (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             3,200,000         0.14%   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:
                                3,200,000         0.14%   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    
ORD                 Purchase        400          3.9820 GBP
ORD                 Purchase        3,881        3.9255 GBP
ORD                 Purchase        4,179        3.9510 GBP
ORD                 Purchase        4,901        3.9434 GBP
ORD                 Purchase        7,488        3.9075 GBP
ORD                 Purchase        11,911       3.9539 GBP
ORD                 Purchase        18,308       3.9323 GBP
ORD                 Purchase        21,337       3.9718 GBP
ORD                 Purchase        24,089       3.9385 GBP
ORD                 Purchase        27,964       3.9413 GBP
ORD                 Purchase        64,237       3.9488 GBP
ORD                 Purchase        77,763       3.9222 GBP
ORD                 Purchase        126,439      3.9061 GBP
ORD                 Purchase        136,299      3.9428 GBP
ORD                 Purchase        206,719      3.9469 GBP
ORD                 Purchase        393,657      3.9451 GBP
ORD                 Sale            105          3.9445 GBP
ORD                 Sale            253          3.9335 GBP
ORD                 Sale            494          3.8960 GBP
ORD                 Sale            600          3.8990 GBP
ORD                 Sale            800          3.9090 GBP
ORD                 Sale            1,023        3.9740 GBP
ORD                 Sale            1,605        3.9135 GBP
ORD                 Sale            4,107        3.9039 GBP
ORD                 Sale            4,684        3.9300 GBP
ORD                 Sale            4,834        3.9522 GBP
ORD                 Sale            5,736        3.9739 GBP
ORD                 Sale            7,522        3.9101 GBP
ORD                 Sale            8,357        3.9576 GBP
ORD                 Sale            9,241        3.9741 GBP
ORD                 Sale            10,020       3.9408 GBP
ORD                 Sale            15,433       3.9035 GBP
ORD                 Sale            16,378       3.8954 GBP
ORD                 Sale            16,545       3.8985 GBP
ORD                 Sale            18,638       3.9709 GBP
ORD                 Sale            19,531       3.9056 GBP
ORD                 Sale            29,330       3.8993 GBP
ORD                 Sale            54,193       3.9405 GBP
ORD                 Sale            68,398       3.9017 GBP
ORD                 Sale            69,902       3.9027 GBP
ORD                 Sale            84,790       3.8232 GBP
ORD                 Sale            107,434      3.9019 GBP
ORD                 Sale            133,927      3.9062 GBP
ORD                 Sale            145,884      3.9439 GBP
ORD                 Sale            170,027      3.9261 GBP
ORD                 Sale            181,797      3.9392 GBP
ORD                 Sale            378,333      3.9196 GBP
ORD                 Sale            507,607      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        SWAP          Long                1,400        3.9047 GBP
ORD        CFD           Long                1,947        3.9090 GBP
ORD        CFD           Long                21,552       3.8812 GBP
ORD        CFD           Long                84,790       3.8232 GBP
ORD        CFD           Long                252,118      3.9115 GBP
ORD        SWAP          Short               400          3.9820 GBP
ORD        CFD           Short               2,860        3.9152 GBP
ORD        CFD           Short               21,525       3.9028 GBP
ORD        CFD           Short               71,776       3.9268 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:   14 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