Form 8.5 (EPT/RI) - Glencore PLC

UBS AG (EPT)

19 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:	16 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	10226046	4.88400        GBP	3.88766        GBP
Ordinary NPV	Sell	9680060	4.87800        GBP	4.76400        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	965	4.79430043        GBP
Ordinary NPV	CFD	Long	435	4.79060006        GBP
Ordinary NPV	CFD	Long	1463242	4.78561712        GBP
Ordinary NPV	CFD	Long	492461	4.78957832        GBP
Ordinary NPV	CFD	Long	16620	4.853541        GBP
Ordinary NPV	CFD	Long	178	4.859        GBP
Ordinary NPV	CFD	Long	11900	4.86        GBP
Ordinary NPV	CFD	Long	245	4.8775        GBP
Ordinary NPV	CFD	Long	559	4.878        GBP
Ordinary NPV	CFD	Long	141	4.8595        GBP
Ordinary NPV	CFD	Long	1973	4.8405        GBP
Ordinary NPV	CFD	Long	2280	4.845        GBP
Ordinary NPV	CFD	Long	242287	4.853281        GBP
Ordinary NPV	CFD	Long	138	4.8185        GBP
Ordinary NPV	CFD	Long	62	4.822        GBP
Ordinary NPV	CFD	Long	149	4.823        GBP
Ordinary NPV	CFD	Long	37	4.8455        GBP
Ordinary NPV	CFD	Long	157	4.8505        GBP
Ordinary NPV	CFD	Long	5099	4.854        GBP
Ordinary NPV	CFD	Long	10459	4.852        GBP
Ordinary NPV	CFD	Long	571	4.8425        GBP
Ordinary NPV	CFD	Long	156228	106.20025968        ZAR
Ordinary NPV	CFD	Long	451697	4.786        GBP
Ordinary NPV	CFD	Long	7787	4.786745        GBP
Ordinary NPV	CFD	Long	73204	4.823918        GBP
Ordinary NPV	CFD	Long	46150	4.817753        GBP
Ordinary NPV	CFD	Long	7599	4.844645        GBP
Ordinary NPV	CFD	Long	41949	4.79814298        GBP
Ordinary NPV	CFD	Long	1087	4.80519        GBP
Ordinary NPV	CFD	Long	818400	4.82255957966764        GBP
Ordinary NPV	CFD	Long	24844	4.78504266623732        GBP
Ordinary NPV	CFD	Long	312726	4.7877        GBP
Ordinary NPV	CFD	Long	10184	105.8143        ZAR
Ordinary NPV	CFD	Long	2004	105.82414172        ZAR
Ordinary NPV	CFD	Long	4618	4.785951        GBP
Ordinary NPV	CFD	Long	5701	4.82111        GBP
Ordinary NPV	CFD	Long	5505	4.818586        GBP
Ordinary NPV	CFD	Long	3649	4.804935        GBP
Ordinary NPV	CFD	Long	92159	4.815654        GBP
Ordinary NPV	CFD	Long	28411	4.797159        GBP
Ordinary NPV	CFD	Long	19660	4.825621        GBP
Ordinary NPV	CFD	Long	80	4.807519        GBP
Ordinary NPV	CFD	Long	10616	4.812009        GBP
Ordinary NPV	CFD	Long	6841	4.816977        GBP
Ordinary NPV	CFD	Long	5868	4.826156        GBP
Ordinary NPV	CFD	Long	1271	4.821113        GBP
Ordinary NPV	CFD	Long	26213	4.812007        GBP
Ordinary NPV	CFD	Long	720	4.85        GBP
Ordinary NPV	CFD	Long	4131	4.829482        GBP
Ordinary NPV	CFD	Long	4106	4.823696        GBP
Ordinary NPV	CFD	Long	1240	4.827492        GBP
Ordinary NPV	CFD	Long	889	4.843841        GBP
Ordinary NPV	CFD	Long	834	4.839603        GBP
Ordinary NPV	CFD	Long	11291	4.828874        GBP
Ordinary NPV	CFD	Long	10889	4.843482        GBP
Ordinary NPV	CFD	Long	74	4.821845        GBP
Ordinary NPV	CFD	Long	309185	4.81186246        GBP
Ordinary NPV	CFD	Long	2800	4.78223214        GBP
Ordinary NPV	CFD	Long	9935	105.91650327        ZAR
Ordinary NPV	CFD	Long	1734	4.83930207531719        GBP
Ordinary NPV	CFD	Long	50	4.8445        GBP
Ordinary NPV	CFD	Long	227	4.801423        GBP
Ordinary NPV	CFD	Long	199	4.806324        GBP
Ordinary NPV	CFD	Long	10164	106.33085596        ZAR
Ordinary NPV	CFD	Long	220560	105.90166236        ZAR
Ordinary NPV	CFD	Long	21	105.48945        ZAR
Ordinary NPV	CFD	Short	220560	105.90166236        ZAR
Ordinary NPV	CFD	Short	9935	105.91650327        ZAR
Ordinary NPV	CFD	Short	47066	4.815382        GBP
Ordinary NPV	CFD	Short	3	4.86666666666667        GBP
Ordinary NPV	CFD	Short	436	4.865        GBP
Ordinary NPV	CFD	Short	31	4.86516129032258        GBP
Ordinary NPV	CFD	Short	9	4.86555555555556        GBP
Ordinary NPV	CFD	Short	10164	106.33085596        ZAR
Ordinary NPV	CFD	Short	5133880	4.8203        GBP
Ordinary NPV	CFD	Short	226019	6.43167808        USD
Ordinary NPV	CFD	Short	720	4.85        GBP
Ordinary NPV	CFD	Short	100000	4.821086        GBP
Ordinary NPV	CFD	Short	50000	4.773399        GBP
Ordinary NPV	CFD	Short	150000	4.82013893        GBP
Ordinary NPV	CFD	Short	100000	4.849926        GBP
Ordinary NPV	CFD	Short	5318	4.81400740872508        GBP
Ordinary NPV	CFD	Short	23488	4.8063669999        GBP
Ordinary NPV	CFD	Short	1657	4.787373        GBP
Ordinary NPV	CFD	Short	10184	105.8143        ZAR
Ordinary NPV	CFD	Short	2004	105.82414172        ZAR
Ordinary NPV	CFD	Short	156228	106.20025968        ZAR
Ordinary NPV	CFD	Short	21	105.4895        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:	19 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