Form 8.5 (EPT/RI)

Citigroup Global Markets Limited

16 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:	Citigroup Global Markets Limited
(b) Name of offeror/offeree in relation to whose relevant securities this form relates:  Use a separate form for each offeror/offeree	Rio Tinto plc and Rio Tinto Limited
(c) Name of the party to the offer with which exempt principal trader is connected:	Glencore plc
(d) Date dealing undertaken:	15 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"	Glencore plc

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
Rio Tinto plc ADR	Purchase	12,273	USD 86.5000	USD 85.7446
Rio Tinto plc ADR	Sale	12,273	USD 86.5000	USD 85.7446
Rio Tinto plc 10p ordinary	Purchase	1,576,576	GBP 64.6852	GBP 62.6450
Rio Tinto plc 10p ordinary	Sale	1,179,041	GBP 64.6800	GBP 62.6487
Rio Tinto plc 10p ordinary	Sale	80	EUR 74.1800	EUR 74.1800
Rio Tinto plc 10p ordinary	Sale	2,484	USD 86.5792	USD 86.5792
Rio Tinto plc 10p ordinary	Purchase	80	EUR 74.1800	EUR 74.1800
Rio Tinto Limited ordinary	Purchase	61,142	AUD 148.8311	AUD 147.1706
Rio Tinto Limited ordinary	Sale	61,142	AUD 148.8311	AUD 147.1706

(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
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	993	GBP 62.8716
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,494	GBP 64.6810
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	35,632	GBP 62.8988
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,545	GBP 62.9163
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	412	GBP 62.9509
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	30,000	GBP 62.9629
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	30,000	GBP 62.9725
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	183	GBP 63.2409
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	31,995	GBP 63.4450
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	6,900	GBP 63.9235
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	32,958	GBP 63.9242
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	6,734	GBP 63.9622
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,345	GBP 63.9629
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,045	GBP 64.0745
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	40,050	GBP 64.0843
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	58,106	GBP 64.0843
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	169,859	GBP 64.1041
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	4,286	GBP 64.1269
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	29,538	GBP 64.1301
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	19,290	GBP 64.1334
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	204,661	GBP 64.1447
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	463	GBP 64.1660
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	15,162	GBP 64.1703
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	2,636	GBP 64.2138
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	211	GBP 64.2682
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	551	GBP 64.2691
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	337	GBP 64.2712
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	80,031	GBP 64.2786
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,752	GBP 64.5036
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	242,643	GBP 64.6810
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	5,638	GBP 62.7315
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,060	GBP 62.8476
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	14,710	GBP 63.3677
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	389	GBP 63.4276
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	4,361	GBP 64.0780
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	1,093	GBP 64.1618
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	99	GBP 62.6487
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	9	GBP 64.2126
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	5,507	GBP 64.6460
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	15,309	GBP 64.6473
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	45	GBP 64.6736
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	913,777	GBP 64.6781
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	565	GBP 64.6790
Rio Tinto plc 10p ordinary	TRS	Closing Long Position	4	GBP 64.6800
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	72,217	GBP 64.6800
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	2,436	GBP 64.6754
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	1,033	GBP 64.1925
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	19,749	GBP 63.2267
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	19,749	GBP 63.2267
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	3,508	GBP 63.3589
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	3,508	GBP 63.3589
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	52,078	GBP 64.1300
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	52,078	GBP 64.1300
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	10,727	GBP 64.2175
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	10,727	GBP 64.2175
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	41,303	GBP 64.6852
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	41,303	GBP 64.6852
Rio Tinto plc 10p ordinary	TRS	Increasing Long Position	16,826	GBP 64.1947
Rio Tinto plc 10p ordinary	TRS	Reducing Short Position	16,826	GBP 64.1947
Rio Tinto plc 10p ordinary	TRS	Increasing Long Position	60,618	GBP 64.2267
Rio Tinto plc 10p ordinary	TRS	Reducing Short Position	60,618	GBP 64.2267
Rio Tinto plc 10p ordinary	TRS	Increasing Long Position	6,431	GBP 64.6774
Rio Tinto plc 10p ordinary	TRS	Reducing Short Position	6,431	GBP 64.6774
Rio Tinto plc 10p ordinary	TRS	Increasing Long Position	21,413	GBP 64.6774
Rio Tinto plc 10p ordinary	TRS	Reducing Short Position	21,413	GBP 64.6774
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	21,155	GBP 64.0296
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	27,645	GBP 64.6845
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	10,835	GBP 63.2900
Rio Tinto plc 10p ordinary	TRS	Reducing Long Position	7,738	GBP 64.6800
Rio Tinto plc 10p ordinary	TRS	Increasing Short Position	42,761	GBP 63.7048
Rio Tinto plc 10p ordinary	TRS	Reducing Short Position	27	GBP 64.6800
Rio Tinto plc 10p ordinary	TRS	Reducing Short Position	863	GBP 62.6943

(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:	16 January 2026
Contact name:	Craig Watson
Telephone number:	02890 409 605

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 Panels Market Surveillance Unit is available for consultation in relation to the Codes dealing disclosure requirements on [phone].

The Code can be viewed on the Panels website at www.thetakeoverpanel.org.uk.

 

END