Form 8.5 (EPT/RI) - Glencore PLC

UBS AG (EPT)

16 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:	15 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	5748560	4.93000        GBP	3.77406        GBP
Ordinary NPV	Sell	6610412	4.93000        GBP	4.10772        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	960397	4.91        GBP
Ordinary NPV	CFD	Long	44685	4.90901801499385        GBP
Ordinary NPV	CFD	Long	923228	4.8971        GBP
Ordinary NPV	CFD	Long	7569	107.41899723        ZAR
Ordinary NPV	CFD	Long	248510	107.39955994        ZAR
Ordinary NPV	CFD	Long	116059	4.91736        GBP
Ordinary NPV	CFD	Long	2747	4.915519        GBP
Ordinary NPV	CFD	Long	2154	107.587262        ZAR
Ordinary NPV	CFD	Long	49682	107.595        ZAR
Ordinary NPV	CFD	Long	14267	107.61924651        ZAR
Ordinary NPV	CFD	Long	164	4.8985        GBP
Ordinary NPV	CFD	Long	68	4.89775        GBP
Ordinary NPV	CFD	Long	62	4.90075        GBP
Ordinary NPV	CFD	Long	111	4.8965        GBP
Ordinary NPV	CFD	Long	63	4.896        GBP
Ordinary NPV	CFD	Long	53	4.88075        GBP
Ordinary NPV	CFD	Long	41	4.882        GBP
Ordinary NPV	CFD	Long	582	4.906        GBP
Ordinary NPV	CFD	Long	785	4.902        GBP
Ordinary NPV	CFD	Long	76	4.8945        GBP
Ordinary NPV	CFD	Long	857	4.894        GBP
Ordinary NPV	CFD	Long	96	4.9035        GBP
Ordinary NPV	CFD	Long	93	4.889        GBP
Ordinary NPV	CFD	Long	73	4.90475        GBP
Ordinary NPV	CFD	Long	170	4.929        GBP
Ordinary NPV	CFD	Long	253	4.9235        GBP
Ordinary NPV	CFD	Long	142	4.931        GBP
Ordinary NPV	CFD	Long	796	4.925        GBP
Ordinary NPV	CFD	Long	37003	4.9185        GBP
Ordinary NPV	CFD	Long	328027	4.884692        GBP
Ordinary NPV	CFD	Long	333	4.86979        GBP
Ordinary NPV	CFD	Long	5196	4.9        GBP
Ordinary NPV	CFD	Long	290	4.871        GBP
Ordinary NPV	CFD	Long	164	4.873        GBP
Ordinary NPV	CFD	Long	225	4.874        GBP
Ordinary NPV	CFD	Long	471	4.9215        GBP
Ordinary NPV	CFD	Long	212	4.8775        GBP
Ordinary NPV	CFD	Long	3342	4.915515        GBP
Ordinary NPV	CFD	Long	76183	4.90935642        GBP
Ordinary NPV	CFD	Long	65411	4.902477        GBP
Ordinary NPV	CFD	Long	42391	4.90998769        GBP
Ordinary NPV	CFD	Long	5638	4.909523        GBP
Ordinary NPV	CFD	Long	182	4.920179        GBP
Ordinary NPV	CFD	Long	73	4.9090411        GBP
Ordinary NPV	CFD	Long	2479	106.6472        ZAR
Ordinary NPV	CFD	Long	5673	107.6293        ZAR
Ordinary NPV	CFD	Long	26827	107.53719872        ZAR
Ordinary NPV	CFD	Long	8724	4.915517        GBP
Ordinary NPV	CFD	Long	90	4.9021        GBP
Ordinary NPV	CFD	Long	10000	4.8708382514        GBP
Ordinary NPV	CFD	Long	89515	4.88299742        GBP
Ordinary NPV	CFD	Long	52	4.821437        GBP
Ordinary NPV	CFD	Long	8120	4.813345        GBP
Ordinary NPV	CFD	Long	3296	4.859575        GBP
Ordinary NPV	CFD	Long	2012	4.854113        GBP
Ordinary NPV	CFD	Long	1011	4.825563        GBP
Ordinary NPV	CFD	Long	19307	4.87725022012741        GBP
Ordinary NPV	CFD	Long	10984	4.81049981791697        GBP
Ordinary NPV	CFD	Long	31120	4.8145        GBP
Ordinary NPV	CFD	Long	93	4.87849462365591        GBP
Ordinary NPV	CFD	Long	2478	4.85025020177563        GBP
Ordinary NPV	CFD	Long	216	4.858264        GBP
Ordinary NPV	CFD	Long	37232	4.846648        GBP
Ordinary NPV	CFD	Long	9038	4.854595        GBP
Ordinary NPV	CFD	Long	2052	4.85004274707602        GBP
Ordinary NPV	CFD	Long	15336	4.871303        GBP
Ordinary NPV	CFD	Long	521	4.87850287907869        GBP
Ordinary NPV	CFD	Long	13054	4.85024973188295        GBP
Ordinary NPV	CFD	Long	1063	107.26310442        ZAR
Ordinary NPV	CFD	Long	3379	4.89773987277301        GBP
Ordinary NPV	CFD	Long	46945	4.90901799978698        GBP
Ordinary NPV	CFD	Long	23492	107.9355        ZAR
Ordinary NPV	CFD	Long	5919	107.7373        ZAR
Ordinary NPV	CFD	Short	5893	4.907132        GBP
Ordinary NPV	CFD	Short	2479	106.6472        ZAR
Ordinary NPV	CFD	Short	5673	107.6293        ZAR
Ordinary NPV	CFD	Short	14267	107.61924651        ZAR
Ordinary NPV	CFD	Short	12407	107.935486        ZAR
Ordinary NPV	CFD	Short	3126	107.737277        ZAR
Ordinary NPV	CFD	Short	10701	107.594999532754        ZAR
Ordinary NPV	CFD	Short	15537	107.594999678188        ZAR
Ordinary NPV	CFD	Short	1327	4.90890011        GBP
Ordinary NPV	CFD	Short	248510	107.39955994        ZAR
Ordinary NPV	CFD	Short	3850	4.895781        GBP
Ordinary NPV	CFD	Short	738510	4.911964        GBP
Ordinary NPV	CFD	Short	79496	4.89804946        GBP
Ordinary NPV	CFD	Short	15703	4.828793        GBP
Ordinary NPV	CFD	Short	1775	4.913251        GBP
Ordinary NPV	CFD	Short	33329	4.8856        GBP
Ordinary NPV	CFD	Short	19296	4.887978        GBP
Ordinary NPV	CFD	Short	11085	107.935431        ZAR
Ordinary NPV	CFD	Short	2793	107.737418        ZAR
Ordinary NPV	CFD	Short	13883	107.595000360153        ZAR
Ordinary NPV	CFD	Short	9561	107.595000522958        ZAR
Ordinary NPV	CFD	Short	7569	107.41899723        ZAR
Ordinary NPV	CFD	Short	25162	4.8863        GBP
Ordinary NPV	CFD	Short	217265	6.55076814        USD
Ordinary NPV	CFD	Short	941748	4.91        GBP
Ordinary NPV	CFD	Short	7807	4.87724990393237        GBP
Ordinary NPV	CFD	Short	7299	4.85024934922592        GBP
Ordinary NPV	CFD	Short	290	4.87848275862069        GBP
Ordinary NPV	CFD	Short	3806	4.81049921177089        GBP
Ordinary NPV	CFD	Short	3488	4.81450114678899        GBP
Ordinary NPV	CFD	Short	8983	4.8772503617945        GBP
Ordinary NPV	CFD	Short	8233	4.85025021255921        GBP
Ordinary NPV	CFD	Short	324	4.87848765432099        GBP
Ordinary NPV	CFD	Short	4245	4.81049941107185        GBP
Ordinary NPV	CFD	Short	4171	4.81450011987533        GBP
Ordinary NPV	CFD	Short	2517	4.87725069527215        GBP
Ordinary NPV	CFD	Short	23461	4.81449980819232        GBP
Ordinary NPV	CFD	Short	2933	4.81050119331742        GBP
Ordinary NPV	CFD	Short	36100	4.8891310007        GBP
Ordinary NPV	CFD	Short	26827	107.53719872        ZAR
Ordinary NPV	CFD	Short	2154	107.5873        ZAR
Ordinary NPV	CFD	Short	1063	107.26310442        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:	16 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