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:      26 February 2013
(e)   Has the EPT previously disclosed, or is     YES:
      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       (%)
             Relevant
(1)          securities
             owned
             and/or            4,038,863          0.06%   49,081,079   0.69%
             controlled:
                                                                  
(2)          Derivatives
             (other than
             options):         44,454,560         0.63%   2,472,634    0.03%
                                                                  
(3)          Options and
             agreements to
             purchase/sell:    0                  0.00%   0            0.00%
                                                                  
(4)          TOTAL:
                               48,493,423         0.68%   51,553,713   0.73%
                                                                             
Class of                       Convertible Bond
relevant                      XS0475310396                          
security:
                               Interests                  Short Positions
                             Number             (%)     Number       (%)
             Relevant
(1)          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        3,394        3.8247 GBP
ORD                 Purchase        4,000        3.7912 GBP
ORD                 Purchase        4,993        3.7867 GBP
ORD                 Purchase        5,030        3.7683 GBP
ORD                 Purchase        8,674        3.8245 GBP
ORD                 Purchase        11,502       3.8282 GBP
ORD                 Purchase        24,666       3.8080 GBP
ORD                 Purchase        26,979       3.7883 GBP
ORD                 Purchase        28,514       3.7990 GBP
ORD                 Purchase        33,970       3.8071 GBP
ORD                 Purchase        43,272       3.8248 GBP
ORD                 Purchase        71,451       3.8225 GBP
ORD                 Purchase        73,204       3.8079 GBP
ORD                 Purchase        100,861      3.8032 GBP
ORD                 Purchase        137,921      3.7986 GBP
ORD                 Purchase        138,281      3.8025 GBP
ORD                 Purchase        142,903      3.7905 GBP
ORD                 Purchase        170,996      3.7961 GBP
ORD                 Purchase        177,180      3.8020 GBP
ORD                 Purchase        200,000      3.7983 GBP
ORD                 Purchase        278,596      3.7980 GBP
ORD                 Purchase        500,000      3.8198 GBP
ORD                 Purchase        568,896      3.8090 GBP
ORD                 Sale            100          44.1500 HKD
ORD                 Sale            400          44.5500 HKD
ORD                 Sale            400          44.7000 HKD
ORD                 Sale            461          3.8200 GBP
ORD                 Sale            588          3.8116 GBP
ORD                 Sale            1,179        3.7993 GBP
ORD                 Sale            2,133        3.8305 GBP
ORD                 Sale            2,869        3.8168 GBP
ORD                 Sale            8,854        3.8097 GBP
ORD                 Sale            9,940        3.8115 GBP
ORD                 Sale            11,744       3.8030 GBP
ORD                 Sale            15,852       3.7925 GBP
ORD                 Sale            25,922       3.7875 GBP
ORD                 Sale            29,703       3.7848 GBP
ORD                 Sale            45,608       3.8145 GBP
ORD                 Sale            59,745       3.7914 GBP
ORD                 Sale            84,347       3.7958 GBP
ORD                 Sale            90,142       3.7945 GBP
ORD                 Sale            136,092      3.7841 GBP
ORD                 Sale            141,561      3.7934 GBP
ORD                 Sale            146,410      3.7867 GBP
ORD                 Sale            177,662      3.7855 GBP
ORD                 Sale            177,663      3.7933 GBP
ORD                 Sale            303,048      3.8005 GBP
ORD                 Sale            358,679      3.7928 GBP
ORD                 Sale            376,777      3.8037 GBP
ORD                 Sale            376,998      3.7907 GBP
ORD                 Sale            383,202      3.7889 GBP
ORD                 Sale            1,100,000    3.8092 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                900          44.5177 HKD
ORD        CFD           Long                5,000        3.7441 GBP
ORD        CFD           Long                26,676       3.8099 GBP
ORD        CFD           Long                18,166       3.8143 GBP
ORD        CFD           Long                59,745       3.7913 GBP
ORD        CFD           Long                100,000      3.8195 GBP
ORD        CFD           Long                177,662      3.7855 GBP
ORD        CFD           Long                177,663      3.7933 GBP
ORD        CFD           Long                272,588      3.8001 GBP
ORD        CFD           Long                1,207,988    3.7895 GBP
ORD        CFD           Short               1,049        3.7678 GBP
ORD        CFD           Short               3,981        3.7690 GBP
ORD        SWAP          Short               33,970       3.8071 GBP
ORD        CFD           Short               100,000      44.7600 HKD
ORD        CFD           Short               200,000      3.7983 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:  27 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