Form 8.5 (EPT/RI) - Glencore PLC

UBS AG (EPT)

29 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:	28 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	4030418	5.13000        GBP	3.52734        GBP
Ordinary NPV	Sell	10076672	5.14000        GBP	5.04048        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	11688	5.092        GBP
Ordinary NPV	CFD	Long	1025	5.088        GBP
Ordinary NPV	CFD	Long	91	5.078        GBP
Ordinary NPV	CFD	Long	285	5.079        GBP
Ordinary NPV	CFD	Long	7407	5.0895        GBP
Ordinary NPV	CFD	Long	926	5.083        GBP
Ordinary NPV	CFD	Long	4495	5.082        GBP
Ordinary NPV	CFD	Long	3825	5.064        GBP
Ordinary NPV	CFD	Long	629	5.0725        GBP
Ordinary NPV	CFD	Long	9398	5.098465        GBP
Ordinary NPV	CFD	Long	432	5.07        GBP
Ordinary NPV	CFD	Long	820	5.08        GBP
Ordinary NPV	CFD	Long	12457	5.075        GBP
Ordinary NPV	CFD	Long	1480	5.077        GBP
Ordinary NPV	CFD	Long	415	5.086        GBP
Ordinary NPV	CFD	Long	620	5.081        GBP
Ordinary NPV	CFD	Long	567	5.076        GBP
Ordinary NPV	CFD	Long	353991	5.078847        GBP
Ordinary NPV	CFD	Long	4245	5.061        GBP
Ordinary NPV	CFD	Long	130	5.065        GBP
Ordinary NPV	CFD	Long	2342	5.0605        GBP
Ordinary NPV	CFD	Long	151	5.057        GBP
Ordinary NPV	CFD	Long	95	5.067505        GBP
Ordinary NPV	CFD	Long	2393	5.046        GBP
Ordinary NPV	CFD	Long	288	5.05        GBP
Ordinary NPV	CFD	Long	273	5.0743956        GBP
Ordinary NPV	CFD	Long	20853	5.075313        GBP
Ordinary NPV	CFD	Long	687	5.07952        GBP
Ordinary NPV	CFD	Long	433	5.078924        GBP
Ordinary NPV	CFD	Long	366	5.0770765        GBP
Ordinary NPV	CFD	Long	156	5.064616        GBP
Ordinary NPV	CFD	Long	6701582	5.084692        GBP
Ordinary NPV	CFD	Long	221500	5.0794562979684        GBP
Ordinary NPV	CFD	Long	174029	5.07152121        GBP
Ordinary NPV	CFD	Long	4528	5.07819778515901        GBP
Ordinary NPV	CFD	Long	32	5.083125        GBP
Ordinary NPV	CFD	Long	101	5.0829702970297        GBP
Ordinary NPV	CFD	Long	85	5.08305882352941        GBP
Ordinary NPV	CFD	Long	16	5.06375        GBP
Ordinary NPV	CFD	Long	183	5.08300546448087        GBP
Ordinary NPV	CFD	Long	72	5.06402777777778        GBP
Ordinary NPV	CFD	Long	800	110.7728        ZAR
Ordinary NPV	CFD	Long	1878	111.28416933        ZAR
Ordinary NPV	CFD	Long	280487	5.073        GBP
Ordinary NPV	CFD	Long	320400	5.058        GBP
Ordinary NPV	CFD	Long	6336	110.86697443        ZAR
Ordinary NPV	CFD	Long	20543	111.03174512        ZAR
Ordinary NPV	CFD	Long	528	111.00791667        ZAR
Ordinary NPV	CFD	Long	99694	111.261        ZAR
Ordinary NPV	CFD	Long	32539	111.4382        ZAR
Ordinary NPV	CFD	Long	3607	111.5159        ZAR
Ordinary NPV	CFD	Long	182005	111.07484673        ZAR
Ordinary NPV	CFD	Long	3760	5.084        GBP
Ordinary NPV	CFD	Long	681	5.0805        GBP
Ordinary NPV	CFD	Long	573	5.0755        GBP
Ordinary NPV	CFD	Long	5736	5.094        GBP
Ordinary NPV	CFD	Short	1462	110.872372        ZAR
Ordinary NPV	CFD	Short	20543	111.03174512        ZAR
Ordinary NPV	CFD	Short	15965	5.070771        GBP
Ordinary NPV	CFD	Short	6671	5.07642        GBP
Ordinary NPV	CFD	Short	433	5.080076        GBP
Ordinary NPV	CFD	Short	603	5.069136        GBP
Ordinary NPV	CFD	Short	528	111.00791667        ZAR
Ordinary NPV	CFD	Short	4528	5.058        GBP
Ordinary NPV	CFD	Short	3020	5.067869999        GBP
Ordinary NPV	CFD	Short	207	5.070458        GBP
Ordinary NPV	CFD	Short	2597	5.058013        GBP
Ordinary NPV	CFD	Short	297536	5.08567972        GBP
Ordinary NPV	CFD	Short	7	5.04        GBP
Ordinary NPV	CFD	Short	2	5.075        GBP
Ordinary NPV	CFD	Short	1	5.08        GBP
Ordinary NPV	CFD	Short	37211	5.08491656        GBP
Ordinary NPV	CFD	Short	3607	111.5159        ZAR
Ordinary NPV	CFD	Short	99694	111.261        ZAR
Ordinary NPV	CFD	Short	6336	110.86697443        ZAR
Ordinary NPV	CFD	Short	232661	6.98301694        USD
Ordinary NPV	CFD	Short	8250	5.05801        GBP
Ordinary NPV	CFD	Short	800	110.7728        ZAR
Ordinary NPV	CFD	Short	1878	111.28416933        ZAR
Ordinary NPV	CFD	Short	182005	111.07484673        ZAR
Ordinary NPV	CFD	Short	18680	111.464849        ZAR
Ordinary NPV	CFD	Short	12397	111.464867        ZAR
Ordinary NPV	CFD	Short	452	5.06910009        GBP
Ordinary NPV	CFD	Short	21587	5.07201929        GBP
Ordinary NPV	CFD	Short	1876111	5.07521938        GBP
Ordinary NPV	CFD	Short	192	5.06880012        GBP
Ordinary NPV	CFD	Short	3160	5.058012        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:	29 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