GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC - Amendment

  GLEN: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - GLENCORE INTL PLC - Amendment

UK Regulatory Announcement

LONDON

                                               FORM 8.5 (EPT/NON-RI) Amendment

         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:                 2 April 2013
(e) Has the EPT previously disclosed, or is it today
disclosing, under the Code in respect of any other party   YES: XSTRATA PLC
to this offer?

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)

           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              3,589,949        0.05%   44,897,139    0.63%
             controlled:
                                                                   
(2)          Derivatives
             (other than
             options):           40,374,860       0.57%   1,621,444     0.02%
                                                                   
(3)          Options and
             agreements to
             purchase/sell:      0                0.00%   0             0.00%
                                                                   
(4)          TOTAL:
                                 43,964,809       0.62%   46,518,583    0.66%
                                                                   
Class of                         Convertible
relevant                        Bond                                 
security:                        XS0475310396
                                 Interests               Short         
                                                          Positions
                               Number           (%)     Number        (%)
(1)          Relevant
             securities owned
             and/or              3,300,000        0.15%   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:
                                 3,300,000        0.15%   0             0.00%
                                                                   
             Rights to subscribe for new
(b)          securities (including directors
             and other executive

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        1,300        3.6060 GBP
ORD                 Purchase        1,621        3.5737 GBP
ORD                 Purchase        1,782        3.5980 GBP
ORD                 Purchase        2,000        3.5820 GBP
ORD                 Purchase        2,015        3.6216 GBP
ORD                 Purchase        4,777        3.5736 GBP
ORD                 Purchase        4,934        3.6084 GBP
ORD                 Purchase        5,290        3.5771 GBP
ORD                 Purchase        5,760        3.5621 GBP
ORD                 Purchase        10,082       3.6017 GBP
ORD                 Purchase        10,700       3.5612 GBP
ORD                 Purchase        12,339       3.6013 GBP
ORD                 Purchase        14,593       3.5756 GBP
ORD                 Purchase        16,443       3.5908 GBP
ORD                 Purchase        58,041       3.5892 GBP
ORD                 Purchase        66,795       3.5922 GBP
ORD                 Purchase        93,611       3.6023 GBP
ORD                 Purchase        273,386      3.5971 GBP
ORD                 Sale            1,621        3.5737 GBP
ORD                 Sale            2,000        3.5820 GBP
ORD                 Sale            2,015        3.6216 GBP
ORD                 Sale            2,593        3.5791 GBP
ORD                 Sale            4,275        3.5940 GBP
ORD                 Sale            7,090        3.5980 GBP
ORD                 Sale            9,203        3.6031 GBP
ORD                 Sale            12,150       3.5842 GBP
ORD                 Sale            27,803       3.5810 GBP
ORD                 Sale            37,155       3.5874 GBP
ORD                 Sale            65,564       3.5916 GBP
ORD                 Sale            70,528       3.5936 GBP
ORD                 Sale            109,498      3.5928 GBP
ORD                 Sale            122,566      3.5942 GBP
ORD                 Sale            124,575      3.5924 GBP
ORD                 Sale            192,317      3.5851 GBP
ORD                 Sale            312,601      3.5741 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                27,803       3.5810 GBP
ORD        CFD           Long                37,803       3.5803 GBP
ORD        SWAP          Long                56,637       3.5932 GBP
ORD        SWAP          Long                59,164       3.5917 GBP
ORD        SWAP          Long                165,793      3.5931 GBP
ORD        CFD           Long                236,711      3.5693 GBP
ORD        CFD           Short               800          3.5363 GBP
ORD        SWAP          Short               5,300        3.5617 GBP
ORD        CFD           Short               6,723        3.5970 GBP
ORD        CFD           Short               6,982        3.6154 GBP
ORD        SWAP          Short               9,900        3.5629 GBP
ORD        SWAP          Short               16,460       3.5616 GBP
ORD        CFD           Short               84,733       3.6058 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:  4 April 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
 
Press spacebar to pause and continue. Press esc to stop.