Form 8.5 (EPT/NON-RI) - Glencore Intl Plc - Ame...
Form 8.5 (EPT/NON-RI) - Glencore Intl Plc - Amendment
BARCLAYS PLC
FORM 8.5 (EPT/NON-RI) AMENDMENT
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY (“RIâ€) STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the “Codeâ€)
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 |
 |
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 |
22 June 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: Â 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 | Short Positions | ||||||||||
| Â | Â | Number | (%) | Number | (%) | ||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 5,682,353 | 0.08% | 17,394,798 | 0.25% | |||||||
| Â | Â | Â | Â | Â | Â | ||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 15,043,130 | 0.22% | 3,851,076 | 0.06% | |||||||
| Â | Â | Â | Â | Â | Â | ||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 1,760,000 | 0.03% | 2,075,900 | 0.03% | |||||||
| Â | Â | Â | Â | Â | Â | ||||||
| (4) | TOTAL: | ||||||||||
| 22,485,483 | 0.33% | 23,321,774 | 0.34% | ||||||||
| Â | Â | Â | Â | Â | |||||||
| Class of relevant security: | Â | Convertible Bond | Â | Â | Â | ||||||
| Interests | Short Positions | ||||||||||
| Â | Â | Number | (%) | Number | (%) | ||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 1,500,000 | 0.07% | 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: | ||||||||||
| 1,500,000 | 0.07% | 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 | 273 | 3.1400 GBP | ||||
| ORD | Purchase | 1,272 | 3.1274 GBP | ||||
| ORD | Purchase | 7,802 | 3.1608 GBP | ||||
| ORD | Purchase | 7,950 | 3.1580 GBP | ||||
| ORD | Purchase | 10,495 | 3.1615 GBP | ||||
| ORD | Purchase | 10,703 | 3.1441 GBP | ||||
| ORD | Purchase | 15,395 | 3.1398 GBP | ||||
| ORD | Purchase | 19,261 | 3.1471 GBP | ||||
| ORD | Purchase | 44,744 | 3.1406 GBP | ||||
| ORD | Purchase | 47,772 | 3.1265 GBP | ||||
| ORD | Purchase | 48,408 | 3.1298 GBP | ||||
| ORD | Purchase | 81,800 | 38.5116 HKD | ||||
| ORD | Purchase | 101,528 | 3.1570 GBP | ||||
| ORD | Purchase | 119,217 | 3.1421 GBP | ||||
| ORD | Purchase | 368,653 | 3.1451 GBP | ||||
| ORD | Purchase | 392,752 | 3.1532 GBP | ||||
| ORD | Sale | 300 | 38.4500 HKD | ||||
| ORD | Sale | 2,000 | 38.2500 HKD | ||||
| ORD | Sale | 2,000 | 38.8000 HKD | ||||
| ORD | Sale | 2,600 | 38.2000 HKD | ||||
| ORD | Sale | 4,900 | 38.3000 HKD | ||||
| ORD | Sale | 10,700 | 38.7500 HKD | ||||
| ORD | Sale | 15,000 | 38.3500 HKD | ||||
| ORD | Sale | 22,100 | 38.7000 HKD | ||||
| ORD | Sale | 22,200 | 38.4000 HKD | ||||
| ORD | Sale | 177 | 3.1605 GBP | ||||
| ORD | Sale | 273 | 3.1400 GBP | ||||
| ORD | Sale | 869 | 3.1410 GBP | ||||
| ORD | Sale | 937 | 3.1623 GBP | ||||
| ORD | Sale | 1,550 | 3.1360 GBP | ||||
| ORD | Sale | 4,495 | 3.1640 GBP | ||||
| ORD | Sale | 5,038 | 3.1630 GBP | ||||
| ORD | Sale | 5,090 | 3.1463 GBP | ||||
| ORD | Sale | 7,156 | 3.1311 GBP | ||||
| ORD | Sale | 8,713 | 3.1527 GBP | ||||
| ORD | Sale | 15,395 | 3.1399 GBP | ||||
| ORD | Sale | 20,240 | 3.1450 GBP | ||||
| ORD | Sale | 28,000 | 3.1503 GBP | ||||
| ORD | Sale | 22,875 | 3.1624 GBP | ||||
| ORD | Sale | 22,891 | 3.1265 GBP | ||||
| ORD | Sale | 29,195 | 3.1634 GBP | ||||
| ORD | Sale | 33,611 | 3.1618 GBP | ||||
| ORD | Sale | 39,676 | 3.1636 GBP | ||||
| ORD | Sale | 42,095 | 3.1386 GBP | ||||
| ORD | Sale | 61,635 | 3.1451 GBP | ||||
| ORD | Sale | 65,632 | 3.1313 GBP | ||||
| ORD | Sale | 140,496 | 3.1335 GBP | ||||
| ORD | Sale | 206,044 | 3.1416 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 | SWAP | Long | 864 | 3.2008 GBP | |||||
| ORD | SWAP | Long | 8,713 | 3.1527 GBP | |||||
| ORD | CFD | Long | 15,030 | 3.1377 GBP | |||||
| ORD | CFD | Long | 57,986 | 3.1394 GBP | |||||
| ORD | SWAP | Short | 1,272 | 3.1274 GBP | |||||
| ORD | SWAP | Short | 8,200 | 3.1333 GBP | |||||
| ORD | SWAP | Short | 10,495 | 3.1615 GBP | |||||
| ORD | CFD | Short | 17,485 | 3.1611 GBP | |||||
| ORD | CFD | Short | 30,000 | 3.1545 GBP | |||||
| ORD | CFD | Short | 33,107 | 3.1521 GBP | |||||
| ORD | CFD | Short | 80,000 | 3.1503 GBP | |||||
| ORD | CFD | Short | 80,000 | 3.1603 GBP | |||||
| ORD | CFD | Short | 105,469 | 3.1492 GBP |
(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. |
 | Expiry date |  | Option money paid/ received per unit |
(ii) Exercising
| Class of relevant security | Â |
Product description
e.g. call option |
 | Number of securities |  | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
| Class of relevant security | Â |
Nature of dealing
e.g. subscription, conversion |
 | Details |  | 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: | 26 Jun 2012 | |
| Contact name: | Geoff Smith | |
| Telephone number: | 020 7116 2913 |
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 monitoring@disclosure.org.uk. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
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 “Codeâ€)
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 | Purchased | 760,000 | 4.0000 | European | 25 Jul 2012 | |||||||
| ORD | Put Options | Purchased | 1,000,000 | 3.2000 | American | 24 Jun 2012 | |||||||
| ORD | Put Options | Written | -1,000,000 | 4.8000 | American | 24 Jun 2012 | |||||||
| ORD | Call Options | Written | -75,900 | 4.3890 | European | 6 Jul 2012 | |||||||
| ORD | Call Options | Written | -1,000,000 | 4.8000 | American | 24 Jun 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 (“CFDsâ€) or spread bets.
The currency of all prices and other monetary amounts should be stated.
The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
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