Form 8.5 (EPT/RI) - Glencore PLC

UBS AG (EPT)

27 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:	26 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	10461366	5.06000        GBP	3.58930        GBP
Ordinary NPV	Sell	5442161	5.06000        GBP	4.98954        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	1120	5.026        GBP
Ordinary NPV	CFD	Long	698	5.0455        GBP
Ordinary NPV	CFD	Long	904	5.036        GBP
Ordinary NPV	CFD	Long	548	5.0355        GBP
Ordinary NPV	CFD	Long	332	5.0195        GBP
Ordinary NPV	CFD	Long	307	5.0435        GBP
Ordinary NPV	CFD	Long	382	5.0345        GBP
Ordinary NPV	CFD	Long	132	5.04        GBP
Ordinary NPV	CFD	Long	537	5.052        GBP
Ordinary NPV	CFD	Long	422	5.0325        GBP
Ordinary NPV	CFD	Long	1040	5.039        GBP
Ordinary NPV	CFD	Long	760	5.037        GBP
Ordinary NPV	CFD	Long	827	5.038        GBP
Ordinary NPV	CFD	Long	100	5.0385        GBP
Ordinary NPV	CFD	Long	315	5.0485        GBP
Ordinary NPV	CFD	Long	305	5.0515        GBP
Ordinary NPV	CFD	Long	800548	5.003802        GBP
Ordinary NPV	CFD	Long	7279	5.020898        GBP
Ordinary NPV	CFD	Long	3847	4.99239927        GBP
Ordinary NPV	CFD	Long	3188	5.007255        GBP
Ordinary NPV	CFD	Long	1693	5.002433        GBP
Ordinary NPV	CFD	Long	961	5.035796        GBP
Ordinary NPV	CFD	Long	1628	5.012216        GBP
Ordinary NPV	CFD	Long	196300	5.01589556800815        GBP
Ordinary NPV	CFD	Long	116200	5.00425662648193        GBP
Ordinary NPV	CFD	Long	168	5.0610119047619        GBP
Ordinary NPV	CFD	Long	4	5.0075        GBP
Ordinary NPV	CFD	Long	1365	5.06100366300366        GBP
Ordinary NPV	CFD	Long	330	5.008        GBP
Ordinary NPV	CFD	Long	341	5.06099706744868        GBP
Ordinary NPV	CFD	Long	1	5.01        GBP
Ordinary NPV	CFD	Long	946	5.06100422832981        GBP
Ordinary NPV	CFD	Long	141	5.00801418439716        GBP
Ordinary NPV	CFD	Long	39	5.00897435897436        GBP
Ordinary NPV	CFD	Long	2036	5.06100196463654        GBP
Ordinary NPV	CFD	Long	85	5.00905882352941        GBP
Ordinary NPV	CFD	Long	1012	109.791        ZAR
Ordinary NPV	CFD	Long	13713	5.0133        GBP
Ordinary NPV	CFD	Long	75483	5.001        GBP
Ordinary NPV	CFD	Long	140352	5.02005038        GBP
Ordinary NPV	CFD	Long	1194	109.88929648        ZAR
Ordinary NPV	CFD	Long	676	5.06100591715976        GBP
Ordinary NPV	CFD	Long	258	5.03399224806202        GBP
Ordinary NPV	CFD	Long	163	5.0079754601227        GBP
Ordinary NPV	CFD	Long	45	5.00911111111111        GBP
Ordinary NPV	CFD	Long	350	5.061        GBP
Ordinary NPV	CFD	Long	56	5.00803571428571        GBP
Ordinary NPV	CFD	Long	15	5.00933333333333        GBP
Ordinary NPV	CFD	Long	19667	109.9907        ZAR
Ordinary NPV	CFD	Long	33609	109.95846856        ZAR
Ordinary NPV	CFD	Long	10128	110.4157        ZAR
Ordinary NPV	CFD	Long	327	109.5716        ZAR
Ordinary NPV	CFD	Long	121049	109.79237003        ZAR
Ordinary NPV	CFD	Long	355	110.095        ZAR
Ordinary NPV	CFD	Long	85001	110.4143        ZAR
Ordinary NPV	CFD	Long	149315	5.017238        GBP
Ordinary NPV	CFD	Long	24781	5.0150005        GBP
Ordinary NPV	CFD	Long	40870	110.20858356        ZAR
Ordinary NPV	CFD	Long	339	5.0335        GBP
Ordinary NPV	CFD	Long	811	5.027        GBP
Ordinary NPV	CFD	Long	520	5.016        GBP
Ordinary NPV	CFD	Long	5732	5.011        GBP
Ordinary NPV	CFD	Long	3454	5.015        GBP
Ordinary NPV	CFD	Long	454	5.048        GBP
Ordinary NPV	CFD	Short	1576	5.0095        GBP
Ordinary NPV	CFD	Short	355	110.095        ZAR
Ordinary NPV	CFD	Short	744	5.008        GBP
Ordinary NPV	CFD	Short	3253	4.9895        GBP
Ordinary NPV	CFD	Short	22082	5.0045        GBP
Ordinary NPV	CFD	Short	5795	4.9925        GBP
Ordinary NPV	CFD	Short	16001	5.013529        GBP
Ordinary NPV	CFD	Short	4262650	5.0        GBP
Ordinary NPV	CFD	Short	33609	109.95846856        ZAR
Ordinary NPV	CFD	Short	19667	109.9907        ZAR
Ordinary NPV	CFD	Short	10128	110.4157        ZAR
Ordinary NPV	CFD	Short	327	109.5716        ZAR
Ordinary NPV	CFD	Short	2202932	5.001        GBP
Ordinary NPV	CFD	Short	215597	6.87233974        USD
Ordinary NPV	CFD	Short	3783	5.016871        GBP
Ordinary NPV	CFD	Short	11396	5.00990464734995        GBP
Ordinary NPV	CFD	Short	859	5.015884        GBP
Ordinary NPV	CFD	Short	1012	109.791        ZAR
Ordinary NPV	CFD	Short	1194	109.88929648        ZAR
Ordinary NPV	CFD	Short	40870	110.20858356        ZAR
Ordinary NPV	CFD	Short	85001	110.414259        ZAR
Ordinary NPV	CFD	Short	1373	5.013916        GBP
Ordinary NPV	CFD	Short	196	5.0150005        GBP
Ordinary NPV	CFD	Short	5025	5.02703003493731        GBP
Ordinary NPV	CFD	Short	76641	5.00140008        GBP
Ordinary NPV	CFD	Short	121049	109.79237003        ZAR
Ordinary NPV	CFD	Short	182638	5.010419        GBP

(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:	27 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