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OZ Management LP : Form 8.3 - Glencore International plc

           OZ Management LP : Form 8.3 - Glencore International plc

                                                                     -FORM 8.3

           PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
                  Rule 8.3 of the Takeover Code (the "Code")

1.  KEY INFORMATION

(a)  Identity of the person whose                  OZ Management LP and
positions/dealings are being disclosed:             Och-Ziff Management Europe
                                                    Ltd
(b)  Owner or controller of interests and short
positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies
is insufficient
(c)    Name of offeror/offeree in relation to   Glencore International Plc
whose relevant securities this form relates:
 Use a separate form for each offeror/offeree
(d)    If an exempt fund manager connected
with an offeror/offeree, state this and specify
identity of offeror/offeree:
(e)  Date position held/dealing undertaken:        4 April 2013
(f)    Has the discloser previously disclosed,  Yes
or are they today disclosing, under the Code in     If YES, specify which:
respect of any other party to this offer?
                                                    Xstrata Plc

2.    POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(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:                          USD 0.01 ordinary
                                              Interests     Short positions
                                             Number   %      Number       %
(1)  Relevant securities owned and/or
controlled:
(2)  Derivatives (other than options):                    49,923,426  0.703
(3)  Options and agreements to
purchase/sell:
 TOTAL:                                                 49,923,426  0.703

Class of relevant security:  5% guaranteed convertible bonds due December 2014
                                     Interests               Short positions
                                Number           %           Number        %
(1)  Relevant securities     10,500,000       0.456
owned and/or controlled:
(2)  Derivatives (other      16,900,000       0.735        
than options):
(3)  Options and
agreements to
purchase/sell:
 TOTAL:                      27,400,000      1.191       

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(c),  copy 
table 2(a)  or (b)  (as appropriate)  for each  additional class  of  relevant 
security.

3.    DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a)  Purchases and sales

    Class of relevant      Purchase/sale  Number of securities  Price per unit
        security
                                                                 

(b)  Derivatives transactions (other than options)

Class of    Product           Nature of dealing            Number of    Price
relevant  description       e.g. opening/closing a         reference     per
security   e.g. CFD          long/short position,         securities     unit
                       increasing/reducing a long/short
                                   position
USD 0.01              increasing a short position              USD
ordinary     CFD     reducing a short position         12,608     5.31
                                                        12,608      USD
                                                                        5.20

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Class of    Product     Writing,    Number of   Exercise    Type     Expiry   Option
relevant  description  purchasing,  securities   price      e.g.      date    money
security   e.g. call    selling,     to which   per unit  American,           paid/
            option       varying      option              European           received
                          etc.       relates                etc.             per unit

(ii)  Exercising

 Class of relevant   Product description      Number of        Exercise price
     security         e.g. call option        securities          per unit

(d)    Other dealings (including subscribing for new securities)

Class of relevant  Nature of dealing   Details  Price per unit (if applicable)
    security       e.g. subscription,
                       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(c), 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 person
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 person 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:  5 April 2013
        Contact name:        Andrew Frank
        Telephone number:    0207 758 4433

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.

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The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: OZ Management LP via Thomson Reuters ONE
HUG#1690591
 
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