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:      1 May 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            13,333,586         0.19%   44,723,548   0.63%
             controlled:
                                                                  
(2)          Derivatives
             (other than
             options):         40,384,283         0.57%   8,338,651    0.12%
                                                                  
(3)          Options and
             agreements to
             purchase/sell:    0                  0.00%   0            0.00%
                                                                  
(4)          TOTAL:
                               53,717,869         0.76%   53,062,199   0.75%
                                                                             
Class of                       Convertible Bond
relevant                      XS0475310396                          
security:
                               Interests                  Short Positions
                             Number             (%)     Number       (%)
             Relevant
(1)          securities
             owned
             and/or            3,400,000          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:
                               3,400,000          0.15%   0            0.00%
                                                                             
Class of
relevant                      ADR                                   
security:
                               Interests                  Short Positions
                             Number             (%)     Number       (%)
             Relevant
(1)          securities
             owned
             and/or            0                  0.00%   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:
                               0                  0.00%   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        7,036        3.1728 GBP
ORD                   Purchase        11,422       3.1283 GBP
ORD                   Purchase        12,300       3.2053 GBP
ORD                   Purchase        18,090       3.1962 GBP
ORD                   Purchase        18,469       3.2010 GBP
ORD                   Purchase        20,377       3.2025 GBP
ORD                   Purchase        54,345       3.1852 GBP
ORD                   Purchase        72,435       3.1879 GBP
ORD                   Purchase        128,632      3.1970 GBP
ORD                   Purchase        129,301      3.1940 GBP
ORD                   Purchase        162,968      3.1430 GBP
ORD                   Purchase        246,700      3.1982 GBP
ORD                   Purchase        663,222      3.1385 GBP
ORD                   Purchase        3,114,460    TRANSFER
ORD                   Sale            1,481        3.2174 GBP
ORD                   Sale            2,395        3.1485 GBP
ORD                   Sale            7,125        3.1469 GBP
ORD                   Sale            8,295        3.1525 GBP
ORD                   Sale            8,480        3.2006 GBP
ORD                   Sale            9,521        3.2008 GBP
ORD                   Sale            12,501       3.2010 GBP
ORD                   Sale            16,190       3.1421 GBP
ORD                   Sale            18,350       3.1468 GBP
ORD                   Sale            29,870       3.2021 GBP
ORD                   Sale            30,749       3.1337 GBP
ORD                   Sale            37,743       3.1753 GBP
ORD                   Sale            69,164       3.1531 GBP
ORD                   Sale            73,641       3.1430 GBP
ORD                   Sale            120,204      3.1393 GBP
ORD                   Sale            144,112      TRANSFER
ORD                   Sale            165,523      3.1589 GBP
ORD                   Sale            181,982      3.1674 GBP
ORD                   Sale            251,885      3.1465 GBP
ORD                   Sale            508,305      3.1462 GBP
ORD (traded as ADR)   Purchase        532          10.2500 USD
ORD (traded as ADR)   Purchase        600          9.7500 USD
ORD (traded as ADR)   Sale            532          10.2500 USD
ORD (traded as ADR)   Sale            600          9.7500 USD

(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                4,841        3.2124 GBP
ORD        SWAP          Long                21,083       3.2035 GBP
ORD        CFD           Long                28,679       3.2091 GBP
ORD        SWAP          Long                32,706       3.1637 GBP
ORD        CFD           Long                43,434       3.2042 GBP
ORD        CFD           Short               4,840        3.1253 GBP
ORD        CFD           Short               19,292       3.1533 GBP
ORD        SWAP          Short               20,183       3.2035 GBP
ORD        SWAP          Short               205,400      3.1975 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:  2 May 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
 
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