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

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

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:      15 March 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 security:     ORD
                                 Interests           Short Positions
                                Number      (%)     Number           (%)
(1)  Relevant securities
      owned
      and/or controlled:         3,299,736    0.05%   45,612,206        0.64%
                                                                   
(2)   Derivatives (other than
      options):                  40,343,018   0.57%   1,283,790         0.02%
                                                                   
(3)   Options and agreements
      to
      purchase/sell:             0            0.00%   0                 0.00%
                                                                   
(4)   TOTAL:
                                 43,642,754   0.61%   46,895,996        0.66%
                                                                   
Class of relevant security:      Convertible Bond XS0475310396
                                 Interests           Short Positions   
                                Number       (%)     Number            (%)
(1)   Relevant securities
      owned
      and/or controlled:         3,500,000    0.15%   0                 0.00%
                                                                   
(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:
                                 3,500,000    0.15%   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          45.0000 HKD
ORD                 Purchase        400          3.8620 GBP
ORD                 Purchase        600          45.1500 HKD
ORD                 Purchase        761          3.8950 GBP
ORD                 Purchase        800          45.2000 HKD
ORD                 Purchase        1,574        3.8786 GBP
ORD                 Purchase        4,200        45.1000 HKD
ORD                 Purchase        5,865        3.8756 GBP
ORD                 Purchase        5,914        3.8742 GBP
ORD                 Purchase        6,956        3.8647 GBP
ORD                 Purchase        7,300        45.3000 HKD
ORD                 Purchase        11,200       45.0500 HKD
ORD                 Purchase        11,300       45.2500 HKD
ORD                 Purchase        13,124       3.8698 GBP
ORD                 Purchase        15,000       45.3500 HKD
ORD                 Purchase        17,155       3.8750 GBP
ORD                 Purchase        21,746       3.8791 GBP
ORD                 Purchase        32,395       3.8741 GBP
ORD                 Purchase        41,980       3.8704 GBP
ORD                 Purchase        54,147       3.8743 GBP
ORD                 Purchase        77,234       3.8767 GBP
ORD                 Purchase        78,781       3.8716 GBP
ORD                 Purchase        79,237       3.8736 GBP
ORD                 Purchase        244,000      3.8654 GBP
ORD                 Purchase        337,856      3.8769 GBP
ORD                 Purchase        443,631      3.8785 GBP
ORD                 Purchase        987,799      3.8773 GBP
ORD                 Sale            207          3.8750 GBP
ORD                 Sale            1,173        3.8618 GBP
ORD                 Sale            1,456        3.8663 GBP
ORD                 Sale            2,577        3.8803 GBP
ORD                 Sale            3,642        3.8875 GBP
ORD                 Sale            6,927        3.8664 GBP
ORD                 Sale            16,075       3.8783 GBP
ORD                 Sale            17,923       3.8678 GBP
ORD                 Sale            19,311       3.8785 GBP
ORD                 Sale            23,010       3.8691 GBP
ORD                 Sale            48,757       3.8767 GBP
ORD                 Sale            50,400       45.2280 HKD
ORD                 Sale            56,187       3.8765 GBP
ORD                 Sale            84,181       3.8756 GBP
ORD                 Sale            95,835       3.8727 GBP
ORD                 Sale            227,668      3.8706 GBP
ORD                 Sale            958,445      3.8778 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                8,960        3.8721 GBP
ORD        CFD           Long                42,000       3.8779 GBP
ORD        CFD           Long                42,692       3.8578 GBP
ORD        CFD           Long                250,000      3.8781 GBP
ORD        CFD           Short               100          45.0590 HKD
ORD        CFD           Short               35,490       3.8818 GBP
ORD        CFD           Short               56,133       3.8932 GBP
ORD        SWAP          Short               81,123       3.8745 GBP
ORD        CFD           Short               46,109       3.8524 GBP
ORD        SWAP          Short               109,629      3.8759 GBP
ORD        CFD           Short               244,000      3.8654 GBP
ORD        CFD           Short               123,268      3.8782 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:                                   18 Mar 2013
Contact name:                                         Geoff Smith
Telephone number:                                     0203 555 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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