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Form 8.5 (EPT/NON-RI) replacement xstrata

25th Jul 2012 13:40

RNS Number : 4817I
BNP Paribas London
25 July 2012
 

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:

BNP Paribas

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Xstrata plc

 

(c) Name of the party to the offer with which exempt principal trader is connected:

Glencore International plc

(d) Date position held/dealing undertaken:

24/07/2012

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

Yes

 

 

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:

 

USD 0.5 ordinary

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

7,100,671

0.24

n/a

0.00

(2) Derivatives (other than options):

751,222

0.03

4,680,793

0.16

(3) Options and agreements to purchase/sell:

12,705,199

0.42

11,147,793

0.37

 

TOTAL:

20,557,092

0.68

15,828,586

0.53

 

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:

n/a

Details, including nature of the rights concerned and relevant percentages:

n/a

 

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 security

Purchase/sale

 

Number of Securities

Price per unit

USD 0.5 ordinary

Purchase

2,645

8.250

USD 0.5 ordinary

Purchase

529

8.248

USD 0.5 ordinary

Purchase

334

8.246

USD 0.5 ordinary

Purchase

171

8.245

USD 0.5 ordinary

Purchase

1,247

8.237

USD 0.5 ordinary

Purchase

2,626

8.236

USD 0.5 ordinary

Purchase

518

8.231

USD 0.5 ordinary

Purchase

272

8.230

USD 0.5 ordinary

Purchase

345

8.225

USD 0.5 ordinary

Purchase

272

8.224

USD 0.5 ordinary

Purchase

433

8.223

USD 0.5 ordinary

Purchase

173

8.202

USD 0.5 ordinary

Purchase

1,543

8.189

USD 0.5 ordinary

Purchase

172

8.183

USD 0.5 ordinary

Purchase

345

8.180

USD 0.5 ordinary

Purchase

173

8.174

USD 0.5 ordinary

Purchase

1,225

8.161

USD 0.5 ordinary

Purchase

278

8.158

USD 0.5 ordinary

Purchase

1,301

8.157

USD 0.5 ordinary

Purchase

798

8.151

USD 0.5 ordinary

Purchase

4,731

8.148

USD 0.5 ordinary

Purchase

530

8.126

USD 0.5 ordinary

Purchase

2,511

8.125

USD 0.5 ordinary

Purchase

400

8.123

USD 0.5 ordinary

Purchase

491

8.122

USD 0.5 ordinary

Purchase

173

8.101

USD 0.5 ordinary

Purchase

345

8.100

USD 0.5 ordinary

Purchase

1,872

8.099

USD 0.5 ordinary

Purchase

117

8.091

USD 0.5 ordinary

Purchase

937

8.090

USD 0.5 ordinary

Purchase

117

8.089

USD 0.5 ordinary

Purchase

124

8.087

USD 0.5 ordinary

Purchase

477

8.081

USD 0.5 ordinary

Purchase

1,541

8.080

USD 0.5 ordinary

Purchase

213

8.079

USD 0.5 ordinary

Purchase

531

8.077

USD 0.5 ordinary

Purchase

179

8.069

USD 0.5 ordinary

Purchase

2,107

8.067

USD 0.5 ordinary

Purchase

190

8.062

USD 0.5 ordinary

Purchase

10,000

8.060

USD 0.5 ordinary

Purchase

1,866

8.059

USD 0.5 ordinary

Purchase

987

8.058

USD 0.5 ordinary

Purchase

39

8.054

USD 0.5 ordinary

Purchase

933

8.051

USD 0.5 ordinary

Purchase

353

8.050

USD 0.5 ordinary

Purchase

913

8.049

USD 0.5 ordinary

Purchase

550

8.048

USD 0.5 ordinary

Purchase

1,969

8.047

USD 0.5 ordinary

Purchase

1,905

8.046

USD 0.5 ordinary

Purchase

877

8.045

USD 0.5 ordinary

Purchase

607

8.042

 

 

 

Class of relevant security

Purchase/sale

 

Number of Securities

Price per unit

USD 0.5 ordinary

Purchase

1,156

8.0370

USD 0.5 ordinary

Purchase

450

8.0250

USD 0.5 ordinary

Purchase

258

8.0160

USD 0.5 ordinary

Purchase

1,863

8.0150

USD 0.5 ordinary

Purchase

1,240

8.0040

USD 0.5 ordinary

Purchase

129

8.0030

USD 0.5 ordinary

Purchase

1,576

8.0020

USD 0.5 ordinary

Purchase

129

8.0010

USD 0.5 ordinary

Purchase

10,682

8.0000

USD 0.5 ordinary

Purchase

2,330

7.9990

USD 0.5 ordinary

Purchase

1,192

7.9980

USD 0.5 ordinary

Purchase

2,519

7.9970

USD 0.5 ordinary

Purchase

1,200

7.9960

USD 0.5 ordinary

Purchase

1,090

7.9950

USD 0.5 ordinary

Purchase

8,316

7.9940

USD 0.5 ordinary

Purchase

2,333

7.9930

USD 0.5 ordinary

Purchase

4,133

7.9920

USD 0.5 ordinary

Purchase

1,172

7.9910

USD 0.5 ordinary

Purchase

612

7.9900

USD 0.5 ordinary

Purchase

219

7.9890

USD 0.5 ordinary

Purchase

3,817

7.9880

USD 0.5 ordinary

Purchase

1,657

7.9870

USD 0.5 ordinary

Purchase

65,131

7.9860

USD 0.5 ordinary

Purchase

718

7.9850

USD 0.5 ordinary

Purchase

2,992

7.9840

USD 0.5 ordinary

Purchase

400

7.9830

USD 0.5 ordinary

Purchase

87

7.9810

USD 0.5 ordinary

Purchase

241

7.9800

USD 0.5 ordinary

Purchase

11,775

7.9790

USD 0.5 ordinary

Purchase

1,962

7.9780

USD 0.5 ordinary

Purchase

277

7.9760

USD 0.5 ordinary

Purchase

19,540

7.9740

USD 0.5 ordinary

Purchase

1,462

7.9730

USD 0.5 ordinary

Purchase

219

7.9720

USD 0.5 ordinary

Purchase

171

7.9710

USD 0.5 ordinary

Purchase

21

7.9671

USD 0.5 ordinary

Purchase

1,226

7.9670

USD 0.5 ordinary

Purchase

823

7.9660

USD 0.5 ordinary

Purchase

632

7.9650

USD 0.5 ordinary

Purchase

2,352

7.9640

USD 0.5 ordinary

Purchase

46

7.9639

USD 0.5 ordinary

Purchase

1,883

7.9630

USD 0.5 ordinary

Purchase

238

7.9620

USD 0.5 ordinary

Purchase

2,835

7.9610

USD 0.5 ordinary

Purchase

1,836

7.9600

USD 0.5 ordinary

Purchase

1,115

7.9590

USD 0.5 ordinary

Purchase

41

7.9571

USD 0.5 ordinary

Purchase

3,764

7.9570

USD 0.5 ordinary

Purchase

3,726

7.9560

USD 0.5 ordinary

Purchase

3,215

7.9540

USD 0.5 ordinary

Purchase

28

7.9529

USD 0.5 ordinary

Purchase

28

7.9061

USD 0.5 ordinary

Purchase

2,682

7.9060

USD 0.5 ordinary

Purchase

1,653

7.9020

USD 0.5 ordinary

Purchase

331

7.9010

 

Total

260,126

 

 

Class of relevant security

Purchase/sale

 

Number of Securities

Price per unit

USD 0.5 ordinary

Sale

823

8.2410

USD 0.5 ordinary

Sale

427

8.2360

USD 0.5 ordinary

Sale

111

8.2340

USD 0.5 ordinary

Sale

1,241

8.2330

USD 0.5 ordinary

Sale

1,264

8.1700

USD 0.5 ordinary

Sale

630

8.1680

USD 0.5 ordinary

Sale

652

8.1560

USD 0.5 ordinary

Sale

811

8.1540

USD 0.5 ordinary

Sale

390

8.1530

USD 0.5 ordinary

Sale

847

8.1460

USD 0.5 ordinary

Sale

2,281

8.1170

USD 0.5 ordinary

Sale

280

8.1110

USD 0.5 ordinary

Sale

962

8.1100

USD 0.5 ordinary

Sale

780

8.0970

USD 0.5 ordinary

Sale

1,853

8.0900

USD 0.5 ordinary

Sale

462

8.0730

USD 0.5 ordinary

Sale

1,096

8.0700

USD 0.5 ordinary

Sale

184

8.0680

USD 0.5 ordinary

Sale

124

8.0650

USD 0.5 ordinary

Sale

686

8.0620

USD 0.5 ordinary

Sale

10,000

8.0600

USD 0.5 ordinary

Sale

344

8.0590

USD 0.5 ordinary

Sale

296

8.0460

USD 0.5 ordinary

Sale

1,276

8.0370

USD 0.5 ordinary

Sale

1,869

8.0270

USD 0.5 ordinary

Sale

500

8.0160

USD 0.5 ordinary

Sale

931

8.0150

USD 0.5 ordinary

Sale

1,975

8.0080

USD 0.5 ordinary

Sale

891

8.0060

USD 0.5 ordinary

Sale

2,859

8.0030

USD 0.5 ordinary

Sale

5,615

8.0000

USD 0.5 ordinary

Sale

4,034

7.9990

USD 0.5 ordinary

Sale

600

7.9980

USD 0.5 ordinary

Sale

1,733

7.9970

USD 0.5 ordinary

Sale

3,152

7.9960

USD 0.5 ordinary

Sale

1,388

7.9950

USD 0.5 ordinary

Sale

18,000

7.9930

USD 0.5 ordinary

Sale

3

7.9867

USD 0.5 ordinary

Sale

400

7.9860

USD 0.5 ordinary

Sale

27

7.9852

USD 0.5 ordinary

Sale

39,665

7.9850

USD 0.5 ordinary

Sale

25,966

7.9840

USD 0.5 ordinary

Sale

1,648

7.9800

USD 0.5 ordinary

Sale

1,803

7.9790

USD 0.5 ordinary

Sale

27

7.9741

USD 0.5 ordinary

Sale

19,973

7.9740

USD 0.5 ordinary

Sale

2,290

7.9730

USD 0.5 ordinary

Sale

959

7.9700

USD 0.5 ordinary

Sale

5

7.9600

USD 0.5 ordinary

Sale

30

7.9593

USD 0.5 ordinary

Sale

140

7.9591

USD 0.5 ordinary

Sale

25,769

7.9590

USD 0.5 ordinary

Sale

56

7.9589

USD 0.5 ordinary

Sale

1,512

7.9570

USD 0.5 ordinary

Sale

3,312

7.9410

USD 0.5 ordinary

Sale

8,698

7.9400

USD 0.5 ordinary

Sale

1,065

7.9390

USD 0.5 ordinary

Sale

1,232

7.9210

USD 0.5 ordinary

Sale

2,220

7.9200

USD 0.5 ordinary

Sale

600

7.9190

USD 0.5 ordinary

Sale

1,151

7.9180

USD 0.5 ordinary

Sale

187

7.9170

Total

210,105

 

 

 

(b) Derivatives transactions (other than options)

 

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

None

 

 

 

(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

USD 0.5 ordinary

Put

B

5,000

7.80

E

21/09/2012

42

USD 0.5 ordinary

Put

S

5,000

7.80

E

21/09/2012

43

 

(ii) Excercising

 

Class of relevant security

Product description

e.g. call option

Number of securities

Exercise price per unit

None

 

(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)

None

 

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:

25/07/2012

Contact name:

Dirk Young

Telephone number:

0207 595 4871

 

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 [email protected].

 

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.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk

 

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

 

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 person whose open positions are being disclosed:

BNP Paribas

 

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

Xstrata plc

 

 

2. OPTIONS AND DERIVATIVES

 

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

USD 0.5 ordinary

Put

B

35,000

7.80

E

17/08/2012

USD 0.5 ordinary

Put

B

25,000

8.00

E

17/08/2012

USD 0.5 ordinary

Put

S

10,000

8.00

E

17/08/2012

USD 0.5 ordinary

Put

B

10,000

8.20

E

17/08/2012

USD 0.5 ordinary

Put

S

10,000

8.60

E

17/08/2012

USD 0.5 ordinary

Put

B

18,000

7.60

E

17/08/2012

USD 0.5 ordinary

Put

S

18,000

7.60

E

17/08/2012

USD 0.5 ordinary

Put

S

25,000

7.80

E

17/08/2012

USD 0.5 ordinary

Call

S

25,000

9.40

A

17/08/2012

USD 0.5 ordinary

Put

B

60,000

7.60

E

21/09/2012

USD 0.5 ordinary

Put

S

20,000

7.80

E

21/09/2012

USD 0.5 ordinary

Put

B

140,000

8.00

E

21/09/2012

USD 0.5 ordinary

Call

S

30,000

8.40

E

21/09/2012

USD 0.5 ordinary

Put

B

40,000

8.40

E

21/09/2012

USD 0.5 ordinary

Put

B

10,000

8.40

E

21/09/2012

USD 0.5 ordinary

Call

S

20,000

8.60

E

21/09/2012

USD 0.5 ordinary

Put

S

500,000

8.80

E

21/09/2012

USD 0.5 ordinary

Put

B

550,000

8.80

A

21/09/2012

USD 0.5 ordinary

Call

B

10,000

9.00

E

21/09/2012

USD 0.5 ordinary

Put

B

501,000

9.20

A

21/09/2012

USD 0.5 ordinary

Put

B

10,000

9.20

A

21/09/2012

USD 0.5 ordinary

Put

B

1,500,000

10.00

A

21/09/2012

USD 0.5 ordinary

Call

B

285,000

11.00

A

21/09/2012

USD 0.5 ordinary

Put

B

45,000

11.00

A

21/09/2012

USD 0.5 ordinary

Call

B

40,000

14.00

A

21/09/2012

USD 0.5 ordinary

Call

B

10,000

14.00

A

21/09/2012

USD 0.5 ordinary

Put

B

5,000

7.80

A

21/09/2012

USD 0.5 ordinary

Call

S

450,000

8.00

E

20/12/2012

USD 0.5 ordinary

Call

S

150,000

8.00

E

20/12/2012

USD 0.5 ordinary

Put

S

51,636

7.20

E

21/12/2012

USD 0.5 ordinary

Call

S

51,636

7.20

E

21/12/2012

USD 0.5 ordinary

Put

B

680,000

8.00

A

21/12/2012

USD 0.5 ordinary

Call

S

45,095

8.26

E

21/12/2012

USD 0.5 ordinary

Put

S

45,095

8.26

E

21/12/2012

USD 0.5 ordinary

Call

S

30,000

8.40

E

21/12/2012

USD 0.5 ordinary

Put

S

20,000

8.40

E

21/12/2012

USD 0.5 ordinary

Put

B

293,000

8.80

A

21/12/2012

USD 0.5 ordinary

Put

S

33,000

8.80

E

21/12/2012

USD 0.5 ordinary

Call

B

11,000

8.80

E

21/12/2012

USD 0.5 ordinary

Put

B

10,000

9.20

A

21/12/2012

USD 0.5 ordinary

Call

B

11,000

9.20

E

21/12/2012

USD 0.5 ordinary

Call

B

11,000

9.20

E

21/12/2012

USD 0.5 ordinary

Call

B

11,000

9.20

E

21/12/2012

USD 0.5 ordinary

Call

B

1,500,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

B

1,500,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

S

140,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

B

500,000

11.00

A

21/12/2012

USD 0.5 ordinary

Call

B

550,000

11.00

A

21/12/2012

USD 0.5 ordinary

Put

S

150,000

11.00

A

21/12/2012

USD 0.5 ordinary

Call

S

500,000

12.00

A

21/12/2012

USD 0.5 ordinary

Call

B

250,000

12.00

A

21/12/2012

USD 0.5 ordinary

Call

B

300,000

13.00

E

21/12/2012

USD 0.5 ordinary

Put

B

300,000

13.00

E

21/12/2012

USD 0.5 ordinary

Call

B

15,000

13.00

A

21/12/2012

USD 0.5 ordinary

Call

S

37,000

13.00

E

21/12/2012

USD 0.5 ordinary

Put

B

125,000

15.00

A

21/12/2012

USD 0.5 ordinary

Put

C

16,000

7.20

E

15/03/2013

USD 0.5 ordinary

Put

S

16,000

7.20

E

15/03/2013

USD 0.5 ordinary

Call

S

16,000

9.60

E

15/03/2013

USD 0.5 ordinary

Call

B

10,000

10.00

E

15/03/2013

USD 0.5 ordinary

Call

S

24,963

10.57

E

02/05/2013

USD 0.5 ordinary

Put

S

24,963

10.57

E

02/05/2013

USD 0.5 ordinary

Call

S

150,000

8.00

E

20/12/2013

USD 0.5 ordinary

Put

S

150,000

8.00

E

20/12/2013

USD 0.5 ordinary

Put

B

250,000

8.20

E

20/06/2014

USD 0.5 ordinary

Put

B

90,000

14.00

A

19/12/2014

 

 

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.

 

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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