Form 8.5 (EPT/RI)-Glencore plc

JPMorgan Securities Plc

06 February 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:	J.P. Morgan Securities Plc
(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:	Corporate Broker to Rio Tinto plc and Rio Tinto Limited
(d) Date dealing undertaken:	05 February 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, Rio Tinto plc and Rio Tinto Limited

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	Purchase	700	108.8803 ZAR	108.8803 ZAR
		37,032,350	5.0670 GBP	4.5600 GBP
	Sale	700	108.8803 ZAR	108.8803 ZAR
		33,682,467	5.0730 GBP	4.5600 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	Equity Swap	Decrease Long Decrease Short Increase Long Increase Short Opening a long position Opening a short position	393,317  806,495  289,323  1,190,921  420,900  134,062  47,177  54,330  1,435  5,405  75,022  52,265  99,498  9,564  3,715  9,628  21,436  6,450  141  81  3,750  15,655  191  158  12,470  3,937  6,330  5,872  4,111  8,345  100,000  802,664  1,638  16,885  245  50,000  42,968  39  1,638  4,200  100,000  1,917  762  100,000  2,248  5,509  131,589  65,070  3,835  7,472  20,936  3,205  30,707  19,187  740  6,600  205,863  31,330  54,641  125,000  832  125,000  50,000  181,704  228,539  14,300  6,820  13,078  5,483  9,564  2,922  15,655  12,334  5,107  597  778  15,667  3,122  2,278  366  415,945  4,150  883,649  38,170  144,640  2,598  6,965  1,870,635  656,263  12,008  1,248,022  22,184  54,618  99,498  51,705  9,185  10,916  52,845  11,538  7,234  500  745,850  7  359,082  276,641  16,885  435  39  3,359,425  1,686  33,234  2,111  644,110  9,482  32,300  53,605  879,958  109,985  193  23,254  1,430  35,200  631,985  2,193  832  12,642  509  231  12,141  944  642  94  832  1,089  120  3,351  6,703  32,793  15,640  101  4,687  3,272  138  11,538  34,416  5  7,234  919  144  836  701  344  2,172  32,000  9,600  1,433,260  32,000  9,600  3,900  1,433,260	4.6810 GBP 4.7302 GBP 4.7849 GBP 4.8478 GBP 4.8733 GBP 4.8776 GBP 4.8858 GBP 4.8906 GBP 4.9208 GBP 4.9228 GBP 4.9491 GBP 4.9845 GBP 108.1322 ZAR 108.2019 ZAR 108.3771 ZAR 108.4209 ZAR 108.6058 ZAR 108.7839 ZAR 108.8568 ZAR 108.8629 ZAR 109.0990 ZAR 109.2678 ZAR 109.8069 ZAR 109.8304 ZAR 109.9389 ZAR 109.9545 ZAR 110.2464 ZAR 110.2859 ZAR 110.3746 ZAR 110.5573 ZAR 4.6814 GBP 4.6899 GBP 4.6910 GBP 4.6918 GBP 4.6926 GBP 4.7009 GBP 4.7018 GBP 4.7105 GBP 4.7106 GBP 4.7141 GBP 4.7162 GBP 4.7226 GBP 4.7291 GBP 4.7456 GBP 4.7486 GBP 4.7523 GBP 4.7525 GBP 4.7616 GBP 4.7750 GBP 4.7801 GBP 4.8535 GBP 4.8553 GBP 4.8776 GBP 4.8781 GBP 4.8920 GBP 4.8951 GBP 4.9125 GBP 4.9507 GBP 4.9726 GBP 4.9807 GBP 4.9845 GBP 5.0144 GBP 5.0185 GBP 5.0199 GBP 5.0457 GBP 5.0676 GBP 108.1260 ZAR 108.1300 ZAR 108.1364 ZAR 108.2019 ZAR 108.8955 ZAR 109.2678 ZAR 109.5958 ZAR 109.9200 ZAR 110.0368 ZAR 110.2500 ZAR 110.4357 ZAR 110.6716 ZAR 112.0822 ZAR 4.7279 GBP 4.7525 GBP 4.7683 GBP 4.7996 GBP 4.8499 GBP 4.8751 GBP 4.9096 GBP 4.9198 GBP 4.9362 GBP 4.9641 GBP 5.0106 GBP 5.0116 GBP 5.0221 GBP 5.0437 GBP 108.1300 ZAR 108.5021 ZAR 108.8308 ZAR 109.5033 ZAR 109.6326 ZAR 109.7018 ZAR 109.9877 ZAR 4.5600 GBP 4.5604 GBP 4.6677 GBP 4.6681 GBP 4.6868 GBP 4.6918 GBP 4.7057 GBP 4.7105 GBP 4.7525 GBP 4.7526 GBP 4.7527 GBP 4.7530 GBP 4.7549 GBP 4.7645 GBP 4.7935 GBP 4.8078 GBP 4.8513 GBP 4.8611 GBP 4.8743 GBP 4.8824 GBP 4.8880 GBP 4.9637 GBP 4.9780 GBP 4.9814 GBP 4.9845 GBP 4.9876 GBP 5.0154 GBP 5.0222 GBP 5.0230 GBP 5.0239 GBP 5.0245 GBP 5.0258 GBP 5.0264 GBP 5.0268 GBP 5.0270 GBP 107.9536 ZAR 108.3096 ZAR 108.4007 ZAR 108.6536 ZAR 108.7500 ZAR 108.7898 ZAR 108.7940 ZAR 109.2450 ZAR 109.7018 ZAR 109.8099 ZAR 109.9300 ZAR 109.9877 ZAR 110.0502 ZAR 110.2500 ZAR 110.5023 ZAR 110.8469 ZAR 111.3100 ZAR 113.0047 ZAR 4.7513 GBP 4.7545 GBP 110.1928 ZAR 4.6386 GBP 4.6481 GBP 4.7004 GBP 110.1928 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:	06 February 2026
Contact name:	Hetvi Shah
Telephone number:	44 2034 936359

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 

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