Glencore International Plc : Form 8.5 (EPT/NON-RI) Glencore International Plc - Amendment
04/04/2012| 03:16pm US/Eastern
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Amendment
FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY
("RI") STATUS (OR WHERE RI STATUS IS NOT
APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a)
Name of exempt principal trader:
Barclays Capital Securities Ltd
(b)
Name of offeror/offeree in relation to whose
GLENCORE INTL PLC
relevant securities this form relates:
(c)
Name of the party to the offer with which exempt
Advisor to Offeree
principal trader is connected
(d)
Date position held/dealing undertaken:
2 April 2012
(e)
Has the EPT previously disclosed, or is it
YES:
today disclosing, under the Code in respect
of any other party to this offer?
XSTRATA PLC
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:
ORD
Interests
Short Positions
Number
(%)
Number
(%)
(1)
Relevant securities owned
and/or controlled:
1,228,920
0.02%
9,120,275
0.13%
(2)
Derivatives (other than
options):
7,610,792
0.11%
604,483
0.01%
(3)
Options and agreements to
purchase/sell:
250,000
0.00%
2,250,000
0.03%
(4)
TOTAL:
9,089,712
0.13%
11,974,758
0.17%
Class of relevant security:
Convertible Bond
Interests
Short Positions
Number
(%)
Number
(%)
(1)
Relevant securities owned
and/or controlled:
1,800,000
0.08%
0
0.00%
(2)
Derivatives (other than
options):
0
0.00%
0
0.00%
(3)
Options and agreements to
purchase/sell:
0
0.00%
0
0.00%
(4)
TOTAL:
1,800,000
0.08%
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:
Details, including nature of the rights concerned and
relevant percentages:
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
Purchase/sale
Number of
Price per unit
security
securities
ORD
Purchase
100
48.8000 HKD
ORD
Purchase
100
48.8500 HKD
ORD
Purchase
100
49.4500 HKD
ORD
Purchase
200
49.4000 HKD
ORD
Purchase
200
49.5000 HKD
ORD
Purchase
600
48.9000 HKD
ORD
Purchase
1,100
49.2000 HKD
ORD
Purchase
1,600
49.3000 HKD
ORD
Purchase
1,700
49.0000 HKD
ORD
Purchase
11,900
3.9707 GBP
ORD
Purchase
296
3.9365 GBP
ORD
Purchase
1,000
3.9317 GBP
ORD
Purchase
1,000
3.9777 GBP
ORD
Purchase
1,280
3.9781 GBP
ORD
Purchase
2,450
3.9677 GBP
ORD
Purchase
2,647
3.9703 GBP
ORD
Purchase
9,698
3.9639 GBP
ORD
Purchase
14,731
3.9458 GBP
ORD
Purchase
17,854
3.9591 GBP
ORD
Purchase
18,730
3.9712 GBP
ORD
Purchase
20,066
3.8935 GBP
ORD
Purchase
26,729
3.9115 GBP
ORD
Purchase
42,085
3.9501 GBP
ORD
Purchase
85,212
3.9195 GBP
ORD
Purchase
144,768
3.9519 GBP
ORD
Sale
1,637
3.9915 GBP
ORD
Sale
100
48.9500 HKD
ORD
Sale
200
48.8500 HKD
ORD
Sale
200
49.4000 HKD
ORD
Sale
400
49.1500 HKD
ORD
Sale
15
3.9069 GBP
ORD
Sale
100
3.8970 GBP
ORD
Sale
253
3.8985 GBP
ORD
Sale
293
3.9481 GBP
ORD
Sale
400
3.9240 GBP
ORD
Sale
517
3.9734 GBP
ORD
Sale
1,012
3.9363 GBP
ORD
Sale
1,013
3.9320 GBP
ORD
Sale
1,691
3.9699 GBP
ORD
Sale
1,781
3.9695 GBP
ORD
Sale
2,494
3.9530 GBP
ORD
Sale
4,200
49.1023 HKD
ORD
Sale
4,936
3.9683 GBP
ORD
Sale
4,975
3.9720 GBP
ORD
Sale
5,000
3.9395 GBP
ORD
Sale
15,811
3.9542 GBP
ORD
Sale
40,000
3.9632 GBP
ORD
Sale
50,647
3.9400 GBP
ORD
Sale
92,863
3.9341 GBP
ORD
Sale
16,800
4.0091 GBP
ORD
Sale
118,586
3.9496 GBP
ORD
Sale
145,023
3.9500 GBP
(b) Derivatives transactions (other than options)
Class of
Product
Nature of dealing
Number of
Price per
relevant
description
reference
unit
security
securities
ORD
CFD
Long
63
3.8939 GBP
ORD
CFD
Long
400
49.0878 HKD
ORD
CFD
Long
500
49.0261 HKD
ORD
CFD
Long
73,694
3.9365 GBP
ORD
CFD
Long
147,732
3.8940 GBP
ORD
CFD
Short
63
3.8939 GBP
ORD
CFD
Short
1,500
49.3257 HKD
ORD
CFD
Short
1,501
3.9401 GBP
ORD
CFD
Short
2,209
3.9062 GBP
ORD
CFD
Short
147,732
3.8940 GBP
(c) Options transactions in respect of existing securities
(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) Exercising
Class of relevant security
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
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?
YES
Date of disclosure:
4 Apr 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.
DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS
TO PURCHASE OR SELL ETC.
Note 5(i) on Rule 8 of the Takeover Code (the
"Code")
1. KEY INFORMATION
Identity of the person whose positions/dealings
Barclays Capital Securities Ltd
are being disclosed:
Name of offeror/offeree in relation to whose
GLENCORE INTL PLC
relevant securities this from relates:
2. OPTIONS AND DERIVATIVES
Class
Product
Writing,
Number
Exercise
Type
Expiry
of
description
purchasing,
of
price
date
relevant
selling,
securities
per unit
security
varying etc
to which
option
relates
ORD
Call Options
Written
-75,900
4.3890
European
6 Jul 2012
ORD
Put Options
Purchased
250,000
4.4000
American
4 Apr 2012
ORD
Put Options
Written
-1,000,000
4.8000
American
4 Apr 2012
ORD
Call Options
Written
-250,000
4.6000
American
4 Apr 2012
ORD
Call Options
Written
-1,000,000
4.8000
American
4 Apr 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 ("CFDs") 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.
Copyright Business Wire 2012
distributed by
This press release was issued by Glencore International plc and was initially posted at http://otp.investis.com/clients/uk/glencore/rns/regulatory-story.aspx?cid=275&newsid=243948 . It was distributed, unedited and unaltered, by noodls on 2012-04-04 20:52:53 PM. The issuer is solely responsible for the accuracy of the information contained therein.