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:      5 April 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:          4,302,855    0.06%   42,852,018   0.60%
                                                               
(2)   Derivatives (other than
      options):                   38,170,173   0.54%   2,338,281    0.03%
                                                               
(3)   Options and agreements to
      purchase/sell:              0            0.00%   0            0.00%
                                                               
(4)   TOTAL:
                                  42,473,028   0.60%   45,190,299   0.64%
                                                               
Class of relevant security:       Convertible Bond XS0475310396
                                  Interests            Short Positions
                                 Number       (%)     Number       (%)
(1)   Relevant securities owned
      and/or controlled:          4,100,000    0.18%   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:
                                  4,100,000    0.18%   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   
Convertible Bond    Purchase        800,000      115.1250 USD
ORD                 Purchase        411          3.4712 GBP
ORD                 Purchase        522          3.3593 GBP
ORD                 Purchase        916          3.3842 GBP
ORD                 Purchase        1,100        40.9000 HKD
ORD                 Purchase        1,400        40.8500 HKD
ORD                 Purchase        1,482        3.3990 GBP
ORD                 Purchase        2,427        3.4420 GBP
ORD                 Purchase        3,000        41.1500 HKD
ORD                 Purchase        3,847        3.4094 GBP
ORD                 Purchase        4,232        3.4907 GBP
ORD                 Purchase        4,765        3.4089 GBP
ORD                 Purchase        5,297        3.4080 GBP
ORD                 Purchase        28,742       3.4142 GBP
ORD                 Purchase        39,894       3.3857 GBP
ORD                 Purchase        41,399       3.3655 GBP
ORD                 Purchase        89,013       3.3806 GBP
ORD                 Purchase        96,935       3.3887 GBP
ORD                 Purchase        108,442      3.3945 GBP
ORD                 Purchase        130,916      3.4018 GBP
ORD                 Purchase        259,861      3.4086 GBP
ORD                 Purchase        646,877      3.3913 GBP
ORD                 Purchase        707,084      3.3967 GBP
ORD                 Purchase        970,000      3.3765 GBP
ORD                 Sale            411          3.4712 GBP
ORD                 Sale            500          40.9000 HKD
ORD                 Sale            1,000        40.2500 HKD
ORD                 Sale            1,000        40.3000 HKD
ORD                 Sale            1,200        40.8000 HKD
ORD                 Sale            1,200        40.9500 HKD
ORD                 Sale            1,327        3.3762 GBP
ORD                 Sale            1,601        3.3722 GBP
ORD                 Sale            2,200        40.5000 HKD
ORD                 Sale            2,251        3.3805 GBP
ORD                 Sale            3,954        3.3681 GBP
ORD                 Sale            4,400        41.0545 HKD
ORD                 Sale            5,293        3.3708 GBP
ORD                 Sale            5,470        3.3508 GBP
ORD                 Sale            10,086       3.3764 GBP
ORD                 Sale            12,312       3.3890 GBP
ORD                 Sale            19,884       3.4571 GBP
ORD                 Sale            26,085       3.3699 GBP
ORD                 Sale            66,774       3.4206 GBP
ORD                 Sale            67,471       3.3781 GBP
ORD                 Sale            73,000       3.3631 GBP
ORD                 Sale            79,301       3.3978 GBP
ORD                 Sale            87,819       3.3735 GBP
ORD                 Sale            88,412       3.4876 GBP
ORD                 Sale            216,500      3.3754 GBP
ORD                 Sale            707,084      3.3967 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                1,600        3.4775 GBP
ORD        CFD           Long                2,000        3.3721 GBP
ORD        CFD           Long                7,100        40.5427 HKD
ORD        CFD           Long                10,670       3.3487 GBP
ORD        CFD           Long                40,912       3.3742 GBP
ORD        SWAP          Long                115,900      3.4155 GBP
ORD        CFD           Short               1,100        40.9490 HKD
ORD        CFD           Short               7,200        3.4368 GBP
ORD        SWAP          Short               12,200       3.3551 GBP
ORD        CFD           Short               14,663       3.4306 GBP
ORD        SWAP          Short               49,046       3.3843 GBP
ORD        SWAP          Short               64,752       3.3811 GBP
ORD        SWAP          Short               136,829      3.3878 GBP
ORD        CFD           Short               206,237      3.3698 GBP
ORD        CFD           Short               427,038      3.3988 GBP
ORD        CFD           Short               970,000      3.3765 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:                                   8 Apr 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