Form 8.5 (EPT/RI) - Glencore PLC

UBS AG (EPT)

14 January 2026

 

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY

Rule 8.5 of the Takeover Code (the Code)

1.         KEY INFORMATION

(a) Name of exempt principal trader:	UBS Investment Bank, London
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Glencore plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Rio Tinto plc
(d) Date dealing undertaken:	13 January 2026
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?      If it is a cash offer or possible cash offer, state "N/A"	YES

2.         DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

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

(a)        Purchases and sales

Class of relevant security	Purchases/ sales	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
Ordinary NPV	Buy	17954622	4.70265        GBP	3.29887        GBP
Ordinary NPV	Sell	10037686	103.64000        ZAR	4.61975        GBP

(b)        Cash-settled derivative transactions

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
Ordinary NPV	CFD	Long	48700	4.647312        GBP
Ordinary NPV	CFD	Long	24420	4.665007        GBP
Ordinary NPV	CFD	Long	21294	4.656144        GBP
Ordinary NPV	CFD	Long	19572	4.642049        GBP
Ordinary NPV	CFD	Long	18712	4.6925        GBP
Ordinary NPV	CFD	Long	30435	4.64025004107114        GBP
Ordinary NPV	CFD	Long	159978	4.64124998437285        GBP
Ordinary NPV	CFD	Long	1752	4.66292679406393        GBP
Ordinary NPV	CFD	Long	475	4.68501052631579        GBP
Ordinary NPV	CFD	Long	97	4.65546391752577        GBP
Ordinary NPV	CFD	Long	56666	4.6613        GBP
Ordinary NPV	CFD	Long	1439	4.68500347463516        GBP
Ordinary NPV	CFD	Long	75	4.65546666666667        GBP
Ordinary NPV	CFD	Long	56986	4.70105955848805        GBP
Ordinary NPV	CFD	Long	978	4.675523        GBP
Ordinary NPV	CFD	Long	31676	102.8862        ZAR
Ordinary NPV	CFD	Long	20748	103.0247        ZAR
Ordinary NPV	CFD	Long	2415	102.77378054        ZAR
Ordinary NPV	CFD	Long	28337	102.7676476        ZAR
Ordinary NPV	CFD	Long	826	102.61        ZAR
Ordinary NPV	CFD	Long	30852	102.53        ZAR
Ordinary NPV	CFD	Long	2286	4.647645        GBP
Ordinary NPV	CFD	Long	922	4.67549955        GBP
Ordinary NPV	CFD	Long	198	4.67539954        GBP
Ordinary NPV	CFD	Long	210154	4.70181192        GBP
Ordinary NPV	CFD	Long	62226	4.65687609        GBP
Ordinary NPV	CFD	Long	9090	4.70162384        GBP
Ordinary NPV	CFD	Long	167	4.6525        GBP
Ordinary NPV	CFD	Long	1051	4.661        GBP
Ordinary NPV	CFD	Long	73	4.655        GBP
Ordinary NPV	CFD	Long	145	4.6595        GBP
Ordinary NPV	CFD	Long	129401	4.646845        GBP
Ordinary NPV	CFD	Long	1709	4.66        GBP
Ordinary NPV	CFD	Long	3469	4.63        GBP
Ordinary NPV	CFD	Long	492	4.6305        GBP
Ordinary NPV	CFD	Long	41635	103.07295112        ZAR
Ordinary NPV	CFD	Long	23289	4.655048        GBP
Ordinary NPV	CFD	Long	9695	4.64618065        GBP
Ordinary NPV	CFD	Long	12611	4.70105939259377        GBP
Ordinary NPV	CFD	Long	3062	4.64732        GBP
Ordinary NPV	CFD	Long	53265	4.70105960762227        GBP
Ordinary NPV	CFD	Long	211	4.68502369668246        GBP
Ordinary NPV	CFD	Long	50	4.6556        GBP
Ordinary NPV	CFD	Long	1239	4.68500403551251        GBP
Ordinary NPV	CFD	Long	229	4.65550218340611        GBP
Ordinary NPV	CFD	Long	1909	4.68500261917234        GBP
Ordinary NPV	CFD	Long	387	4.65550387596899        GBP
Ordinary NPV	CFD	Long	551	4.68500907441016        GBP
Ordinary NPV	CFD	Long	41	4.65560975609756        GBP
Ordinary NPV	CFD	Long	2699	4.68500185253798        GBP
Ordinary NPV	CFD	Long	519	4.65549132947977        GBP
Ordinary NPV	CFD	Long	1905	103.0942        ZAR
Ordinary NPV	CFD	Long	9309	103.07773552        ZAR
Ordinary NPV	CFD	Long	5704	103.122        ZAR
Ordinary NPV	CFD	Long	23039	102.8959        ZAR
Ordinary NPV	CFD	Long	2003934	4.702        GBP
Ordinary NPV	CFD	Long	168000	4.6480954285        GBP
Ordinary NPV	CFD	Long	23401	4.682958        GBP
Ordinary NPV	CFD	Long	203600	4.6506876719057        GBP
Ordinary NPV	CFD	Long	417200	4.69522559923298        GBP
Ordinary NPV	CFD	Long	28642	4.65876915        GBP
Ordinary NPV	CFD	Long	665981	4.656097        GBP
Ordinary NPV	CFD	Long	446170	4.701765        GBP
Ordinary NPV	CFD	Long	122759	4.652908        GBP
Ordinary NPV	CFD	Long	97926	4.692497        GBP
Ordinary NPV	CFD	Long	17356	4.64939        GBP
Ordinary NPV	CFD	Long	3910	4.64874916608696        GBP
Ordinary NPV	CFD	Long	51960	4.639016        GBP
Ordinary NPV	CFD	Long	51891	4.649858        GBP
Ordinary NPV	CFD	Short	2418967	4.646058        GBP
Ordinary NPV	CFD	Short	783835	4.643457        GBP
Ordinary NPV	CFD	Short	23039	102.8959        ZAR
Ordinary NPV	CFD	Short	5704	103.122        ZAR
Ordinary NPV	CFD	Short	1905	103.0942        ZAR
Ordinary NPV	CFD	Short	9309	103.07773552        ZAR
Ordinary NPV	CFD	Short	41635	103.07295112        ZAR
Ordinary NPV	CFD	Short	524	4.681694        GBP
Ordinary NPV	CFD	Short	1313	103.519323        ZAR
Ordinary NPV	CFD	Short	30852	102.53        ZAR
Ordinary NPV	CFD	Short	10256	102.991176        ZAR
Ordinary NPV	CFD	Short	277280	4.681401        GBP
Ordinary NPV	CFD	Short	41633	4.698207        GBP
Ordinary NPV	CFD	Short	28337	102.7676476        ZAR
Ordinary NPV	CFD	Short	475	4.634        GBP
Ordinary NPV	CFD	Short	82107	4.66142887        GBP
Ordinary NPV	CFD	Short	21096	4.663441        GBP
Ordinary NPV	CFD	Short	12226	4.675807        GBP
Ordinary NPV	CFD	Short	11790	4.69020024        GBP
Ordinary NPV	CFD	Short	11057	4.647805        GBP
Ordinary NPV	CFD	Short	3524	4.70088156        GBP
Ordinary NPV	CFD	Short	1681	4.66935158        GBP
Ordinary NPV	CFD	Short	10000000	4.669        GBP
Ordinary NPV	CFD	Short	9179	102.991503        ZAR
Ordinary NPV	CFD	Short	826	102.61        ZAR
Ordinary NPV	CFD	Short	31676	102.8862        ZAR
Ordinary NPV	CFD	Short	198548	6.27551473        USD
Ordinary NPV	CFD	Short	59481	4.64124997898489        GBP
Ordinary NPV	CFD	Short	1518	4.64025032938076        GBP
Ordinary NPV	CFD	Short	838256	4.6532373        GBP
Ordinary NPV	CFD	Short	18712	4.6925        GBP
Ordinary NPV	CFD	Short	84189	4.64125004454264        GBP
Ordinary NPV	CFD	Short	1276	4.64025078369906        GBP
Ordinary NPV	CFD	Short	27641	4.64024999095546        GBP
Ordinary NPV	CFD	Short	16308	4.64125030659799        GBP
Ordinary NPV	CFD	Short	1752	4.702        GBP
Ordinary NPV	CFD	Short	2415	102.77378054        ZAR

(c)        Stock-settled derivative transactions (including options)

(i)         Writing, selling, purchasing or varying

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

(ii)        Exercise

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

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

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)

3.         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: Irrevocable commitments and letters of intent should not be included. 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

Date of disclosure:	14 January 2026
Contact name:	Richard Howard
Telephone number:	[phone]

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.

 

END