Form 8.3 GLENCORE PLC

Barclays PLC

20 January 2026

 

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)	Full name of discloser:			Barclays PLC.
(b)	Owner or controller of interest and short  positions disclosed, if different from 1(a):
(c)	Name of offeror/offeree in relation to whose  relevant securities this form relates:			GLENCORE PLC
(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:			19 Jan 2026
(f)	In addition to the company in 1(c) above, is the discloser making  disclosures in respect of any other party to the offer?			YES:  RIO TINTO PLC AND RIO TINTO LIMITED
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:				Ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				70,144,707	0.60%	71,913,132	0.61%
(2) Cash-settled derivatives:				39,479,369	0.34%	37,241,720	0.31%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	65,320	0.00%
TOTAL:				109,624,076	0.93%	109,220,172	0.92%
(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:
3.	DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE
(a)	Purchase and sales
Class of relevant  security	Purchase/sale	Number of  securities	Price per unit
Ordinary NPV	Purchase	5,359,766	4.7696  GBP
Ordinary NPV	Purchase	1,918,388	4.8079  GBP
Ordinary NPV	Purchase	1,029,177	4.8080  GBP
Ordinary NPV	Purchase	907,294	4.8105  GBP
Ordinary NPV	Purchase	719,392	4.8082  GBP
Ordinary NPV	Purchase	659,737	4.8121  GBP
Ordinary NPV	Purchase	602,686	4.8127  GBP
Ordinary NPV	Purchase	462,771	4.8114  GBP
Ordinary NPV	Purchase	393,561	4.8102  GBP
Ordinary NPV	Purchase	375,540	4.8044  GBP
Ordinary NPV	Purchase	110,580	4.7966  GBP
Ordinary NPV	Purchase	102,292	4.7941  GBP
Ordinary NPV	Purchase	77,286	4.8251  GBP
Ordinary NPV	Purchase	73,885	4.8103  GBP
Ordinary NPV	Purchase	69,571	4.8092  GBP
Ordinary NPV	Purchase	60,911	4.8118  GBP
Ordinary NPV	Purchase	57,961	4.8115  GBP
Ordinary NPV	Purchase	52,393	4.8139  GBP
Ordinary NPV	Purchase	51,280	4.8053  GBP
Ordinary NPV	Purchase	46,843	4.8182  GBP
Ordinary NPV	Purchase	45,156	4.8091  GBP
Ordinary NPV	Purchase	35,017	4.8051  GBP
Ordinary NPV	Purchase	29,991	4.8162  GBP
Ordinary NPV	Purchase	28,105	4.8188  GBP
Ordinary NPV	Purchase	27,057	4.8035  GBP
Ordinary NPV	Purchase	25,353	4.8086  GBP
Ordinary NPV	Purchase	25,225	4.8112  GBP
Ordinary NPV	Purchase	24,531	4.7950  GBP
Ordinary NPV	Purchase	20,000	4.8101  GBP
Ordinary NPV	Purchase	17,834	4.8152  GBP
Ordinary NPV	Purchase	17,074	4.8200  GBP
Ordinary NPV	Purchase	16,779	4.8187  GBP
Ordinary NPV	Purchase	15,975	4.8210  GBP
Ordinary NPV	Purchase	13,046	4.8151  GBP
Ordinary NPV	Purchase	12,678	4.8180  GBP
Ordinary NPV	Purchase	12,350	4.8190  GBP
Ordinary NPV	Purchase	12,243	4.8054  GBP
Ordinary NPV	Purchase	11,250	4.8203  GBP
Ordinary NPV	Purchase	11,033	4.8167  GBP
Ordinary NPV	Purchase	9,758	4.8070  GBP
Ordinary NPV	Purchase	9,033	4.8131  GBP
Ordinary NPV	Purchase	8,601	4.7985  GBP
Ordinary NPV	Purchase	8,148	4.8205  GBP
Ordinary NPV	Purchase	8,110	4.8215  GBP
Ordinary NPV	Purchase	8,109	4.8202  GBP
Ordinary NPV	Purchase	6,528	4.8019  GBP
Ordinary NPV	Purchase	5,989	4.8185  GBP
Ordinary NPV	Purchase	5,702	4.8146  GBP
Ordinary NPV	Purchase	5,636	4.8191  GBP
Ordinary NPV	Purchase	5,464	4.8220  GBP
Ordinary NPV	Purchase	5,456	4.8135  GBP
Ordinary NPV	Purchase	5,028	4.8143  GBP
Ordinary NPV	Purchase	4,984	4.8107  GBP
Ordinary NPV	Purchase	4,830	4.8175  GBP
Ordinary NPV	Purchase	4,191	4.8193  GBP
Ordinary NPV	Purchase	4,171	4.8169  GBP
Ordinary NPV	Purchase	4,029	4.8225  GBP
Ordinary NPV	Purchase	3,397	4.8235  GBP
Ordinary NPV	Purchase	3,314	4.8195  GBP
Ordinary NPV	Purchase	3,125	4.8165  GBP
Ordinary NPV	Purchase	2,634	4.8207  GBP
Ordinary NPV	Purchase	2,384	4.8157  GBP
Ordinary NPV	Purchase	2,025	4.7970  GBP
Ordinary NPV	Purchase	1,911	4.7963  GBP
Ordinary NPV	Purchase	1,832	4.8110  GBP
Ordinary NPV	Purchase	1,796	4.8132  GBP
Ordinary NPV	Purchase	1,732	4.8150  GBP
Ordinary NPV	Purchase	1,656	4.8245  GBP
Ordinary NPV	Purchase	1,620	4.8100  GBP
Ordinary NPV	Purchase	1,606	4.8031  GBP
Ordinary NPV	Purchase	1,470	4.8170  GBP
Ordinary NPV	Purchase	1,365	4.8130  GBP
Ordinary NPV	Purchase	1,091	4.8125  GBP
Ordinary NPV	Purchase	972	4.8247  GBP
Ordinary NPV	Purchase	684	4.8133  GBP
Ordinary NPV	Purchase	554	4.8230  GBP
Ordinary NPV	Purchase	465	4.8222  GBP
Ordinary NPV	Purchase	398	4.8192  GBP
Ordinary NPV	Purchase	391	4.8129  GBP
Ordinary NPV	Purchase	383	4.8237  GBP
Ordinary NPV	Purchase	358	4.8066  GBP
Ordinary NPV	Purchase	338	4.8212  GBP
Ordinary NPV	Purchase	280	4.8145  GBP
Ordinary NPV	Purchase	171	4.8069  GBP
Ordinary NPV	Purchase	170	4.8197  GBP
Ordinary NPV	Purchase	147	4.8055  GBP
Ordinary NPV	Purchase	143	4.8160  GBP
Ordinary NPV	Purchase	116	4.8240  GBP
Ordinary NPV	Purchase	53	4.8227  GBP
Ordinary NPV	Purchase	1	4.8000  GBP
Ordinary NPV	Sale	4,335,243	4.8100  GBP
Ordinary NPV	Sale	1,591,382	4.8105  GBP
Ordinary NPV	Sale	679,892	4.8106  GBP
Ordinary NPV	Sale	485,585	4.8097  GBP
Ordinary NPV	Sale	333,263	4.8045  GBP
Ordinary NPV	Sale	289,000	4.8141  GBP
Ordinary NPV	Sale	283,300	4.8119  GBP
Ordinary NPV	Sale	270,094	4.8083  GBP
Ordinary NPV	Sale	261,940	4.8087  GBP
Ordinary NPV	Sale	253,980	4.8153  GBP
Ordinary NPV	Sale	250,355	4.8130  GBP
Ordinary NPV	Sale	217,377	4.8088  GBP
Ordinary NPV	Sale	217,377	4.8103  GBP
Ordinary NPV	Sale	188,208	4.8108  GBP
Ordinary NPV	Sale	169,678	4.8146  GBP
Ordinary NPV	Sale	90,620	4.8123  GBP
Ordinary NPV	Sale	86,899	4.8110  GBP
Ordinary NPV	Sale	79,311	4.8132  GBP
Ordinary NPV	Sale	67,647	4.8185  GBP
Ordinary NPV	Sale	62,646	4.7925  GBP
Ordinary NPV	Sale	53,248	4.8127  GBP
Ordinary NPV	Sale	52,627	4.8109  GBP
Ordinary NPV	Sale	52,623	4.8076  GBP
Ordinary NPV	Sale	49,006	4.8062  GBP
Ordinary NPV	Sale	47,814	4.8205  GBP
Ordinary NPV	Sale	46,073	4.8104  GBP
Ordinary NPV	Sale	45,563	4.8099  GBP
Ordinary NPV	Sale	44,386	4.8112  GBP
Ordinary NPV	Sale	41,878	4.8190  GBP
Ordinary NPV	Sale	37,989	4.8139  GBP
Ordinary NPV	Sale	27,580	4.8039  GBP
Ordinary NPV	Sale	27,308	4.8121  GBP
Ordinary NPV	Sale	24,687	4.8065  GBP
Ordinary NPV	Sale	24,655	4.8078  GBP
Ordinary NPV	Sale	23,337	4.7941  GBP
Ordinary NPV	Sale	21,844	4.8111  GBP
Ordinary NPV	Sale	21,502	4.8094  GBP
Ordinary NPV	Sale	20,779	4.8120  GBP
Ordinary NPV	Sale	20,692	4.7983  GBP
Ordinary NPV	Sale	20,000	4.8102  GBP
Ordinary NPV	Sale	18,808	4.8043  GBP
Ordinary NPV	Sale	18,302	4.8170  GBP
Ordinary NPV	Sale	17,859	4.8200  GBP
Ordinary NPV	Sale	16,704	4.8210  GBP
Ordinary NPV	Sale	16,556	4.8189  GBP
Ordinary NPV	Sale	15,390	4.8168  GBP
Ordinary NPV	Sale	14,323	4.8101  GBP
Ordinary NPV	Sale	12,678	4.8180  GBP
Ordinary NPV	Sale	11,675	4.8135  GBP
Ordinary NPV	Sale	9,326	4.8165  GBP
Ordinary NPV	Sale	9,138	4.8115  GBP
Ordinary NPV	Sale	9,094	4.8080  GBP
Ordinary NPV	Sale	8,708	4.8173  GBP
Ordinary NPV	Sale	8,110	4.8215  GBP
Ordinary NPV	Sale	7,671	4.8122  GBP
Ordinary NPV	Sale	6,445	4.8208  GBP
Ordinary NPV	Sale	6,086	4.8143  GBP
Ordinary NPV	Sale	6,010	4.7929  GBP
Ordinary NPV	Sale	5,997	4.8204  GBP
Ordinary NPV	Sale	5,647	4.8070  GBP
Ordinary NPV	Sale	5,572	4.8129  GBP
Ordinary NPV	Sale	5,464	4.8220  GBP
Ordinary NPV	Sale	5,362	4.7949  GBP
Ordinary NPV	Sale	4,984	4.8107  GBP
Ordinary NPV	Sale	4,830	4.8175  GBP
Ordinary NPV	Sale	4,481	4.8202  GBP
Ordinary NPV	Sale	4,262	4.8166  GBP
Ordinary NPV	Sale	4,029	4.8225  GBP
Ordinary NPV	Sale	3,921	4.8222  GBP
Ordinary NPV	Sale	3,397	4.8235  GBP
Ordinary NPV	Sale	3,318	4.8176  GBP
Ordinary NPV	Sale	3,314	4.8195  GBP
Ordinary NPV	Sale	2,877	4.8150  GBP
Ordinary NPV	Sale	2,634	4.8207  GBP
Ordinary NPV	Sale	2,532	4.8091  GBP
Ordinary NPV	Sale	1,985	4.7972  GBP
Ordinary NPV	Sale	1,965	4.8217  GBP
Ordinary NPV	Sale	1,700	4.8199  GBP
Ordinary NPV	Sale	1,656	4.8245  GBP
Ordinary NPV	Sale	1,341	4.8090  GBP
Ordinary NPV	Sale	1,091	4.8125  GBP
Ordinary NPV	Sale	1,004	4.8050  GBP
Ordinary NPV	Sale	978	4.8187  GBP
Ordinary NPV	Sale	972	4.8247  GBP
Ordinary NPV	Sale	717	4.8020  GBP
Ordinary NPV	Sale	554	4.8230  GBP
Ordinary NPV	Sale	530	4.8040  GBP
Ordinary NPV	Sale	398	4.8192  GBP
Ordinary NPV	Sale	383	4.8237  GBP
Ordinary NPV	Sale	360	4.8030  GBP
Ordinary NPV	Sale	358	4.8064  GBP
Ordinary NPV	Sale	338	4.8212  GBP
Ordinary NPV	Sale	280	4.8145  GBP
Ordinary NPV	Sale	215	4.8042  GBP
Ordinary NPV	Sale	170	4.8197  GBP
Ordinary NPV	Sale	143	4.8160  GBP
Ordinary NPV	Sale	116	4.8240  GBP
Ordinary NPV	Sale	53	4.8227  GBP
(b)	Cash-settled derivative transactions
Class of  relevant  security	Product  description	Nature of dealing	Number of  reference  securities	Price per  unit
Ordinary NPV	SWAP	Increasing Short	102,292	4.7941  GBP
Ordinary NPV	SWAP	Increasing Short	110,580	4.7966  GBP
Ordinary NPV	SWAP	Increasing Short	2,026	4.7970  GBP
Ordinary NPV	SWAP	Increasing Short	5,347	4.7978  GBP
Ordinary NPV	SWAP	Increasing Short	6,528	4.8019  GBP
Ordinary NPV	SWAP	Increasing Short	27,057	4.8035  GBP
Ordinary NPV	SWAP	Increasing Short	662,295	4.8049  GBP
Ordinary NPV	SWAP	Increasing Short	35,017	4.8051  GBP
Ordinary NPV	SWAP	Increasing Short	51,280	4.8053  GBP
Ordinary NPV	SWAP	Increasing Short	12,243	4.8054  GBP
Ordinary NPV	SWAP	Increasing Short	358	4.8066  GBP
Ordinary NPV	SWAP	Increasing Short	700,503	4.8082  GBP
Ordinary NPV	SWAP	Increasing Short	5	4.8084  GBP
Ordinary NPV	SWAP	Increasing Short	681,533	4.8089  GBP
Ordinary NPV	SWAP	Increasing Short	69,571	4.8092  GBP
Ordinary NPV	SWAP	Increasing Short	105,847	4.8093  GBP
Ordinary NPV	SWAP	Increasing Short	46,501	4.8096  GBP
Ordinary NPV	SWAP	Increasing Short	686,573	4.8105  GBP
Ordinary NPV	SWAP	Increasing Short	38,215	4.8110  GBP
Ordinary NPV	SWAP	Increasing Short	25,225	4.8112  GBP
Ordinary NPV	SWAP	Increasing Short	19,095	4.8114  GBP
Ordinary NPV	SWAP	Increasing Short	108,577	4.8117  GBP
Ordinary NPV	SWAP	Increasing Short	60,911	4.8118  GBP
Ordinary NPV	SWAP	Increasing Short	602,117	4.8127  GBP
Ordinary NPV	SWAP	Increasing Short	391	4.8130  GBP
Ordinary NPV	SWAP	Increasing Short	9,033	4.8131  GBP
Ordinary NPV	SWAP	Increasing Short	2,845	4.8136  GBP
Ordinary NPV	SWAP	Increasing Short	1,358	4.8150  GBP
Ordinary NPV	SWAP	Increasing Short	2,384	4.8157  GBP
Ordinary NPV	SWAP	Increasing Short	4,171	4.8169  GBP
Ordinary NPV	SWAP	Increasing Short	46,843	4.8181  GBP
Ordinary NPV	SWAP	Increasing Short	11,250	4.8203  GBP
Ordinary NPV	SWAP	Increasing Short	77,286	4.8251  GBP
Ordinary NPV	SWAP	Increasing Short	1	104.6500  ZAR
Ordinary NPV	SWAP	Increasing Short	1,622	105.3315  ZAR
Ordinary NPV	SWAP	Increasing Short	83	105.7922  ZAR
Ordinary NPV	SWAP	Increasing Short	209	105.8975  ZAR
Ordinary NPV	SWAP	Increasing Short	65,482	105.8990  ZAR
Ordinary NPV	SWAP	Increasing Short	3,214	105.9027  ZAR
Ordinary NPV	SWAP	Increasing Short	17,223	105.9067  ZAR
Ordinary NPV	SWAP	Increasing Short	3,348	105.9317  ZAR
Ordinary NPV	SWAP	Increasing Short	9,878	105.9713  ZAR
Ordinary NPV	SWAP	Increasing Short	25,555	105.9819  ZAR
Ordinary NPV	SWAP	Increasing Short	212,301	105.9828  ZAR
Ordinary NPV	SWAP	Increasing Short	12,120	105.9945  ZAR
Ordinary NPV	SWAP	Increasing Short	15,400	106.0000  ZAR
Ordinary NPV	SWAP	Increasing Short	32,729	106.0400  ZAR
Ordinary NPV	SWAP	Decreasing Long	104,300	4.8105  GBP
Ordinary NPV	CFD	Decreasing Long	7,761	4.8051  GBP
Ordinary NPV	CFD	Decreasing Long	110,179	4.8099  GBP
Ordinary NPV	CFD	Decreasing Long	105,160	4.8103  GBP
Ordinary NPV	CFD	Decreasing Long	93	4.8105  GBP
Ordinary NPV	CFD	Decreasing Long	1,482	4.8108  GBP
Ordinary NPV	CFD	Decreasing Long	101,284	4.8123  GBP
Ordinary NPV	CFD	Decreasing Long	386,677	105.9659  ZAR
Ordinary NPV	CFD	Decreasing Long	11,929	106.0114  ZAR
Ordinary NPV	CFD	Decreasing Long	32,116	106.0211  ZAR
(c)	Stock-settled derivative transactions  (including options)
(i)	Writing, selling, purchasing or varying
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date	Option  money  paid/  received  per unit
(ii)	Exercise
Class of relevant  security	Product description	Exercising/ exercised against	Number of  securities	Exercise price per  unit
(d)	Other dealings (including subscribing for  new securities)
Class of relevant  security	Nature of Dealings	Details	Price per unit (if  applicable)
4.	OTHER INFORMATION
(a)	Indemnity and other dealings 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:
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 of future acquisition or disposal of any relevant securities to which  any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				YES
Date of disclosure:				20 Jan 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213
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 the person whose positions/dealings  are being disclosed:				Barclays PLC.
Name of offeror/offeree in relation to whose  relevant securities this from relates:				GLENCORE PLC
2.    OPTIONS AND DERIVATIVES
Class  of  relevant  security	Product  description	Writing,  purchasing,  selling,  varying etc	Number  of  securities  to which  option  relates	Exercise  price  per unit	Type	Expiry  date
Ordinary NPV	Put Options	Purchased	-65,320	244.8000	European	18 Sep 2026
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:

 

END