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       GLENCORE INTL PLC
      whose
     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:       22 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             4,685,603        0.07%   47,149,101    0.66%
             controlled:
                                                                  
(2)          Derivatives
             (other than
             options):          43,070,726       0.61%   3,201,415     0.05%
                                                                  
(3)          Options and
             agreements to
             purchase/sell:     0                0.00%   0             0.00%
                                                                  
(4)          TOTAL:
                                47,756,329       0.67%   50,350,516    0.71%
                                                                             
Class of                        Convertible
relevant                       Bond                                 
security:                       XS0475310396
                                Interests               Short         
                                                         Positions
                              Number           (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or             6,900,000        0.30%   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:
                                6,900,000        0.30%   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        100          43.2000 HKD
ORD                 Purchase        484          3.7160 GBP
ORD                 Purchase        800          43.3500 HKD
ORD                 Purchase        1,000        44.2000 HKD
ORD                 Purchase        1,000        44.3000 HKD
ORD                 Purchase        1,100        44.2500 HKD
ORD                 Purchase        1,278        3.7310 GBP
ORD                 Purchase        1,766        3.7646 GBP
ORD                 Purchase        2,595        3.7627 GBP
ORD                 Purchase        2,814        3.7697 GBP
ORD                 Purchase        3,300        44.3500 HKD
ORD                 Purchase        3,600        44.4000 HKD
ORD                 Purchase        4,853        3.7577 GBP
ORD                 Purchase        7,979        3.7510 GBP
ORD                 Purchase        8,517        3.7583 GBP
ORD                 Purchase        10,548       3.7498 GBP
ORD                 Purchase        12,967       3.7360 GBP
ORD                 Purchase        26,762       3.7572 GBP
ORD                 Purchase        28,268       3.7605 GBP
ORD                 Purchase        54,769       3.7585 GBP
ORD                 Purchase        67,291       3.7596 GBP
ORD                 Purchase        100,000      3.7374 GBP
ORD                 Purchase        152,062      3.7575 GBP
ORD                 Purchase        249,101      3.7547 GBP
ORD                 Purchase        319,557      3.7584 GBP
ORD                 Sale            900          3.7295 GBP
ORD                 Sale            1,000        44.3000 HKD
ORD                 Sale            1,115        3.7360 GBP
ORD                 Sale            1,500        3.7660 GBP
ORD                 Sale            1,766        3.7646 GBP
ORD                 Sale            2,600        44.4000 HKD
ORD                 Sale            5,003        3.7649 GBP
ORD                 Sale            5,606        3.7631 GBP
ORD                 Sale            9,000        44.3500 HKD
ORD                 Sale            9,500        44.2500 HKD
ORD                 Sale            10,206       3.7499 GBP
ORD                 Sale            10,600       44.2518 HKD
ORD                 Sale            12,737       3.7605 GBP
ORD                 Sale            30,224       3.7681 GBP
ORD                 Sale            32,430       3.7674 GBP
ORD                 Sale            37,186       3.7622 GBP
ORD                 Sale            51,014       3.7699 GBP
ORD                 Sale            68,693       3.7615 GBP
ORD                 Sale            75,418       3.7677 GBP
ORD                 Sale            93,549       3.7691 GBP
ORD                 Sale            120,945      3.7593 GBP
ORD                 Sale            172,295      3.7601 GBP
ORD                 Sale            186,605      3.7611 GBP
ORD                 Sale            205,082      3.7604 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                1,490        3.7365 GBP
ORD        SWAP          Long                2,400        3.7523 GBP
ORD        CFD           Long                6,140        3.7594 GBP
ORD        CFD           Long                22,000       44.2577 HKD
ORD        CFD           Long                26,457       3.7617 GBP
ORD        CFD           Long                190,630      3.7601 GBP
ORD        CFD           Long                254,998      3.7693 GBP
ORD        CFD           Short               200          44.4289 HKD
ORD        CFD           Short               300          3.7503 GBP
ORD        SWAP          Short               484          3.7159 GBP
ORD        SWAP          Short               1,037        3.7194 GBP
ORD        CFD           Short               22,000       3.7465 GBP
ORD        CFD           Short               34,897       3.7561 GBP
ORD        CFD           Short               100,000      3.7374 GBP
ORD        CFD           Short               173,445      3.7528 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:  25 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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