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:                 14 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             2,465,250         0.03%   46,777,974    0.66%
             controlled:
                                                                   
(2)          Derivatives
             (other than
             options):          43,809,547        0.62%   1,057,970     0.01%
                                                                   
(3)          Options and
             agreements to
             purchase/sell:     0                 0.00%   0             0.00%
                                                                   
(4)          TOTAL:
                                46,274,797        0.65%   47,835,944    0.67%
                                                                   
Class of                        Convertible
relevant                       Bond                                  
security:                       XS0475310396
                                Interests                Short         
                                                          Positions
                              Number            (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             4,400,000         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:
                                4,400,000         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    Purchase        1,200,000    126.1250 USD
ORD                 Purchase        95           3.9485 GBP
ORD                 Purchase        100          48.0000 HKD
ORD                 Purchase        200          47.7000 HKD
ORD                 Purchase        1,500        48.1000 HKD
ORD                 Purchase        1,500        48.1500 HKD
ORD                 Purchase        1,600        47.6500 HKD
ORD                 Purchase        1,839        3.9493 GBP
ORD                 Purchase        2,500        47.9500 HKD
ORD                 Purchase        3,168        3.9203 GBP
ORD                 Purchase        3,500        47.9000 HKD
ORD                 Purchase        3,769        3.9261 GBP
ORD                 Purchase        6,839        3.9446 GBP
ORD                 Purchase        6,914        3.9405 GBP
ORD                 Purchase        8,600        47.8500 HKD
ORD                 Purchase        10,100       48.0084 HKD
ORD                 Purchase        11,355       3.9308 GBP
ORD                 Purchase        17,930       3.9390 GBP
ORD                 Purchase        27,254       3.9444 GBP
ORD                 Purchase        29,767       3.9410 GBP
ORD                 Purchase        32,496       3.9411 GBP
ORD                 Purchase        43,751       3.9374 GBP
ORD                 Purchase        118,254      3.9383 GBP
ORD                 Purchase        152,500      3.9339 GBP
ORD                 Purchase        158,416      3.9441 GBP
ORD                 Sale            1,100        3.9570 GBP
ORD                 Sale            1,458        3.9340 GBP
ORD                 Sale            1,700        48.0500 HKD
ORD                 Sale            2,064        3.9278 GBP
ORD                 Sale            2,303        3.9447 GBP
ORD                 Sale            2,355        3.9491 GBP
ORD                 Sale            2,381        3.9442 GBP
ORD                 Sale            2,412        3.9350 GBP
ORD                 Sale            3,500        47.9000 HKD
ORD                 Sale            4,240        3.9473 GBP
ORD                 Sale            6,205        3.9471 GBP
ORD                 Sale            6,852        3.9326 GBP
ORD                 Sale            7,500        47.9500 HKD
ORD                 Sale            8,500        48.0000 HKD
ORD                 Sale            11,100       47.8500 HKD
ORD                 Sale            15,880       3.9481 GBP
ORD                 Sale            19,500       47.8969 HKD
ORD                 Sale            23,944       3.9422 GBP
ORD                 Sale            43,468       3.9405 GBP
ORD                 Sale            80,902       3.9433 GBP
ORD                 Sale            115,383      3.9449 GBP
ORD                 Sale            119,000      3.9574 GBP
ORD                 Sale            172,006      3.9421 GBP
ORD                 Sale            273,527      3.9485 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                100          47.9404 HKD
ORD        SWAP          Long                1,100        3.9570 GBP
ORD        CFD           Long                8,629        3.9564 GBP
ORD        CFD           Long                20,725       3.9505 GBP
ORD        CFD           Long                22,100       47.8343 HKD
ORD        CFD           Long                43,038       3.9373 GBP
ORD        CFD           Long                119,364      3.9414 GBP
ORD        CFD           Short               326          3.9707 GBP
ORD        CFD           Short               21,959       3.9280 GBP
ORD        CFD           Short               22,100       3.9461 GBP
ORD        CFD           Short               152,500      3.9339 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:  15 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
 
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