Form 8.5 (EPT/NON-RI) GLENCORE INTL PLC - AMEND...

Form 8.5 (EPT/NON-RI) GLENCORE INTL PLC - AMENDMENT

BARCLAYS PLC

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:	Â	Barclays Capital Securities Ltd
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Â	GLENCORE INTL PLC
(c) Name of the party to the offer with which exempt principal trader is connected:	Â	Advisor to Offeree
(d) Date position held/dealing undertaken:	Â	20 March 2012
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	Â	YES: XSTRATA PLC Â

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:	Â	Â	Â	ORD	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,935,610		0.03%		7,547,465		0.11%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		6,477,669		0.09%		1,881,607		0.03%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		250,000		0.00%		2,325,900		0.03%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				8,663,279		0.12%		11,754,972		0.17%

Class of relevant security:	Â	Â	Â	Convertible Bond	Â	Â	Â	Â	Â	Â
				Interests		Â		Short Positions		Â
Â		Â		Number		(%)		Number		(%)
(1)		Relevant securities owned
		and/or controlled:		1,800,000		0.08%		0		0.00%
Â		Â		Â		Â		Â		Â
(2)		Derivatives (other than
		options):		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(3)		Options and agreements to
		purchase/sell:		0		0.00%		0		0.00%
Â		Â		Â		Â		Â		Â
(4)		TOTAL:
				1,800,000		0.08%		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:	Â
Details, including nature of the rights concerned and relevant percentages:	Â

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	Â	Purchase/sale	Â	Number of	Â	Price per unit
security		Â		securities		Â
ORD		Purchase		44		4.1135 GBP
ORD		Purchase		777		4.1110 GBP
ORD		Purchase		1,961		4.0974 GBP
ORD		Purchase		2,000		4.1173 GBP
ORD		Purchase		3,072		4.1143 GBP
ORD		Purchase		3,132		4.1217 GBP
ORD		Purchase		4,417		4.1245 GBP
ORD		Purchase		4,823		4.1120 GBP
ORD		Purchase		5,000		4.1095 GBP
ORD		Purchase		16,600		4.0959 GBP
ORD		Purchase		21,500		4.1237 GBP
ORD		Purchase		23,063		4.1130 GBP
ORD		Purchase		74,660		4.1047 GBP
ORD		Purchase		133,904		4.1227 GBP
ORD		Purchase		267,906		4.1195 GBP
ORD		Sale		688		4.1280 GBP
ORD		Sale		44		4.1135 GBP
ORD		Sale		200		4.1223 GBP
ORD		Sale		243		4.0822 GBP
ORD		Sale		307		4.1215 GBP
ORD		Sale		1,000		4.1763 GBP
ORD		Sale		1,212		4.1189 GBP
ORD		Sale		1,214		4.1168 GBP
ORD		Sale		1,501		4.1210 GBP
ORD		Sale		1,571		4.1079 GBP
ORD		Sale		2,000		4.0896 GBP
ORD		Sale		2,639		4.1128 GBP
ORD		Sale		3,132		4.1217 GBP
ORD		Sale		4,767		4.1244 GBP
ORD		Sale		4,787		4.1219 GBP
ORD		Sale		4,800		51.3513 HKD
ORD		Sale		5,725		4.1122 GBP
ORD		Sale		8,676		4.1104 GBP
ORD		Sale		16,600		4.0960 GBP
ORD		Sale		62,954		4.1138 GBP
ORD		Sale		66,517		4.1190 GBP
ORD		Sale		89,826		4.1151 GBP
ORD		Sale		110,292		4.1225 GBP
ORD		Sale		123,928		4.1380 GBP
ORD		Sale		1,160,000		4.1040 GBP
ORD		Sale		539,567		4.1074 GBP

(b) Derivatives transactions (other than options)

Class of	Â	Product	Â	Nature of dealing	Â	Number of	Â	Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		CFD		Long		4,800		51.3513 HKD
ORD		CFD		Long		62,954		4.1138 GBP
ORD		CFD		Long		124,330		4.1017 GBP
ORD		CFD		Long		147,856		4.1376 GBP
ORD		CFD		Long		166,625		4.1310 GBP
ORD		CFD		Short		306		4.1272 GBP
ORD		CFD		Short		5,000		4.1095 GBP
ORD		CFD		Short		74,660		4.1046 GBP
ORD		CFD		Short		267,906		4.1195 GBP
NB: The below transactions which were previously disclosed have been cancelled
Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security		Â		Â		securities		Â
ORD		CFD		Long		73,928		4.1376 GBP

Class of relevant security

Â

Product description e.g. CFD

Â

Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position

Â

Number of reference securities

Â

Price per unit

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of relevant security

Â

Product description e.g. call option

Â

Writing, purchasing, selling, varying etc.

Â

Number of securities to which option relates

Â

Exercise price per unit

Â

Type e.g. American, European etc.

Â

Expiry date

Â

Option money paid/ received per unit

(ii) Exercising

Class of relevant security

Â

Product description e.g. call option

Â

Number of securities

Â

Exercise price per unit

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

Class of relevant security

Â

Nature of dealing e.g. subscription, conversion

Â

Details

Â

Price per unit (if applicable)

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?

Â

YES

Date of disclosure:	Â	26 Mar 2012
Contact name:	Â	Geoff Smith
Telephone number:	Â	020 7116 2913

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the “Code”)

1. KEY INFORMATION

Identity of person whose open positions are being disclosed:	Â	Barclays Capital Securities Ltd
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		GLENCORE INTL PLC

2. OPTIONS AND DERIVATIVES

Class

Â

Product

Â

Writing,

Â

Number

Â

Exercise

Â

Type

Â

Expiry

of

description

purchasing,

of

price

date

relevant

selling,

securities

per unit

security

varying etc

to which

option

Â

Â

Â

relates

Â

Â

Â

ORD

Call Options

Written

-75,900

4.3890

European

6 Jul 2012

ORD

Put Options

Purchased

250,000

4.4000

American

22 Mar 2012

ORD

Put Options

Written

-1,000,000

4.8000

American

22 Mar 2012

ORD

Call Options

Written

-250,000

4.6000

American

22 Mar 2012

ORD

Call Options

Written

-1,000,000

4.8000

American

22 Mar 2012

3. AGREEMENTS TO PURCHASE OR SELL ETC.

Full details should be given so that the nature of the interest or position can be fully understood:

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences (“CFDs”) or spread bets.

The currency of all prices and other monetary amounts should be stated.

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 [e-mail]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.