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Form 8.5 (EPT/NON-RI) xstrata

26th Sep 2012 12:10

RNS Number : 2146N
BNP Paribas London
26 September 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:

25/09/2012

(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:

12,781,203

0.43

n/a

0.00

(2) Derivatives (other than options):

976,222

0.03

6,030,217

0.20

(3) Options and agreements to purchase/sell:

12,451,294

0.48

10,517,888

0.35

 

TOTAL:

28,248,719

0.94

16,548,105

0.55

 

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

132

9.9870

USD 0.5 ordinary

Purchase

350

9.9740

USD 0.5 ordinary

Purchase

519

9.9720

USD 0.5 ordinary

Purchase

1,327

9.9700

USD 0.5 ordinary

Purchase

1,428

9.9660

USD 0.5 ordinary

Purchase

1,074

9.9650

USD 0.5 ordinary

Purchase

276

9.9640

USD 0.5 ordinary

Purchase

145

9.9590

USD 0.5 ordinary

Purchase

824

9.9550

USD 0.5 ordinary

Purchase

593

9.9530

USD 0.5 ordinary

Purchase

172

9.9510

USD 0.5 ordinary

Purchase

499

9.9500

USD 0.5 ordinary

Purchase

610

9.9460

USD 0.5 ordinary

Purchase

379

9.9430

USD 0.5 ordinary

Purchase

1,296

9.9420

USD 0.5 ordinary

Purchase

67

9.9419

USD 0.5 ordinary

Purchase

434

9.9400

USD 0.5 ordinary

Purchase

5,000

9.9350

USD 0.5 ordinary

Purchase

699

9.9340

USD 0.5 ordinary

Purchase

561

9.9330

USD 0.5 ordinary

Purchase

732

9.9300

USD 0.5 ordinary

Purchase

10,000

9.9200

USD 0.5 ordinary

Purchase

2,746

9.9190

USD 0.5 ordinary

Purchase

742

9.9180

USD 0.5 ordinary

Purchase

1

9.9140

USD 0.5 ordinary

Purchase

1,995

9.8880

USD 0.5 ordinary

Purchase

13

9.8877

USD 0.5 ordinary

Purchase

3,503

9.8830

USD 0.5 ordinary

Purchase

10,000

9.8800

USD 0.5 ordinary

Purchase

5,000

9.8600

USD 0.5 ordinary

Purchase

1,143

9.8440

USD 0.5 ordinary

Purchase

6,346

9.8400

USD 0.5 ordinary

Purchase

224

9.8350

USD 0.5 ordinary

Purchase

4,949

9.8340

USD 0.5 ordinary

Purchase

51

9.8339

USD 0.5 ordinary

Purchase

405

9.8310

USD 0.5 ordinary

Purchase

5,330

9.8300

USD 0.5 ordinary

Purchase

1,869

9.8280

USD 0.5 ordinary

Purchase

75

9.8271

USD 0.5 ordinary

Purchase

196

9.8270

USD 0.5 ordinary

Purchase

1,029

9.8250

USD 0.5 ordinary

Purchase

593

9.8240

USD 0.5 ordinary

Purchase

95

9.8231

USD 0.5 ordinary

Purchase

19,905

9.8230

USD 0.5 ordinary

Purchase

135

9.8200

USD 0.5 ordinary

Purchase

120

9.8180

USD 0.5 ordinary

Purchase

75

9.8171

USD 0.5 ordinary

Purchase

1,572

9.8170

USD 0.5 ordinary

Purchase

2,308

9.8160

USD 0.5 ordinary

Purchase

75

9.8151

USD 0.5 ordinary

Purchase

2,285

9.8150

USD 0.5 ordinary

Purchase

3,500

9.8143

USD 0.5 ordinary

Purchase

120

9.8140

USD 0.5 ordinary

Purchase

75

9.8131

USD 0.5 ordinary

Purchase

304

9.8130

USD 0.5 ordinary

Purchase

482

9.8120

USD 0.5 ordinary

Purchase

75

9.8111

USD 0.5 ordinary

Purchase

459

9.8110

USD 0.5 ordinary

Purchase

15,776

9.8100

USD 0.5 ordinary

Purchase

75

9.8091

USD 0.5 ordinary

Purchase

1,033

9.8090

USD 0.5 ordinary

Purchase

1,561

9.8080

USD 0.5 ordinary

Purchase

43,086

9.8070

USD 0.5 ordinary

Purchase

7,902

9.8060

USD 0.5 ordinary

Purchase

304,440

9.8050

USD 0.5 ordinary

Purchase

41,714

9.8040

USD 0.5 ordinary

Purchase

4,228

9.8030

USD 0.5 ordinary

Purchase

2,700

9.8020

USD 0.5 ordinary

Purchase

1,499

9.8010

USD 0.5 ordinary

Purchase

90,991

9.8000

USD 0.5 ordinary

Purchase

150

9.7991

USD 0.5 ordinary

Purchase

186

9.7990

USD 0.5 ordinary

Purchase

2,230

9.7980

USD 0.5 ordinary

Purchase

73

9.7970

USD 0.5 ordinary

Purchase

270

9.7960

USD 0.5 ordinary

Purchase

3,337

9.7950

USD 0.5 ordinary

Purchase

235

9.7940

USD 0.5 ordinary

Purchase

75

9.7931

USD 0.5 ordinary

Purchase

120

9.7930

USD 0.5 ordinary

Purchase

4,961

9.7920

USD 0.5 ordinary

Purchase

244

9.7911

USD 0.5 ordinary

Purchase

258

9.7910

USD 0.5 ordinary

Purchase

5,150

9.7900

USD 0.5 ordinary

Purchase

75

9.7891

USD 0.5 ordinary

Purchase

4,335

9.7890

USD 0.5 ordinary

Purchase

75

9.7871

USD 0.5 ordinary

Purchase

1,957

9.7870

USD 0.5 ordinary

Purchase

5,549

9.7860

USD 0.5 ordinary

Purchase

1,564

9.7850

USD 0.5 ordinary

Purchase

4,323

9.7840

USD 0.5 ordinary

Purchase

570

9.7820

USD 0.5 ordinary

Purchase

60

9.7810

USD 0.5 ordinary

Purchase

75

9.7800

USD 0.5 ordinary

Purchase

75

9.7791

USD 0.5 ordinary

Purchase

1,647

9.7790

USD 0.5 ordinary

Purchase

60

9.7770

USD 0.5 ordinary

Purchase

1,043

9.7750

USD 0.5 ordinary

Purchase

12

9.7742

USD 0.5 ordinary

Purchase

1,142

9.7740

USD 0.5 ordinary

Purchase

75

9.7731

USD 0.5 ordinary

Purchase

2,212

9.7730

USD 0.5 ordinary

Purchase

48

9.7721

USD 0.5 ordinary

Purchase

120

9.7720

USD 0.5 ordinary

Purchase

2,902

9.7710

USD 0.5 ordinary

Purchase

7,135

9.7700

USD 0.5 ordinary

Purchase

5,103

9.7690

USD 0.5 ordinary

Purchase

2,551

9.7650

USD 0.5 ordinary

Purchase

80

9.7630

USD 0.5 ordinary

Purchase

75

9.7620

USD 0.5 ordinary

Purchase

75

9.7611

USD 0.5 ordinary

Purchase

7,436

9.7610

USD 0.5 ordinary

Purchase

6,480

9.7580

USD 0.5 ordinary

Purchase

17,270

9.7500

USD 0.5 ordinary

Purchase

5,000

9.7470

USD 0.5 ordinary

Purchase

5,000

9.7430

USD 0.5 ordinary

Purchase

5,000

9.7400

USD 0.5 ordinary

Purchase

2,330

9.7300

Total

733,185

USD 0.5 ordinary

Sale

203

9.9670

USD 0.5 ordinary

Sale

256

9.9600

USD 0.5 ordinary

Sale

600

9.9510

USD 0.5 ordinary

Sale

275

9.9490

USD 0.5 ordinary

Sale

900

9.9470

USD 0.5 ordinary

Sale

366

9.9420

USD 0.5 ordinary

Sale

1,583

9.9410

USD 0.5 ordinary

Sale

791

9.9380

USD 0.5 ordinary

Sale

1,680

9.9370

USD 0.5 ordinary

Sale

523

9.9350

USD 0.5 ordinary

Sale

847

9.9320

USD 0.5 ordinary

Sale

4,065

9.9310

USD 0.5 ordinary

Sale

2,077

9.9290

USD 0.5 ordinary

Sale

609

9.9280

USD 0.5 ordinary

Sale

2,375

9.9240

USD 0.5 ordinary

Sale

1,951

9.8830

USD 0.5 ordinary

Sale

887

9.8750

USD 0.5 ordinary

Sale

578

9.8650

USD 0.5 ordinary

Sale

1,347

9.8400

USD 0.5 ordinary

Sale

1,043

9.8310

USD 0.5 ordinary

Sale

1,378

9.8300

USD 0.5 ordinary

Sale

1,462

9.8290

USD 0.5 ordinary

Sale

815

9.8280

USD 0.5 ordinary

Sale

2,065

9.8250

USD 0.5 ordinary

Sale

1,035

9.8240

USD 0.5 ordinary

Sale

644

9.8220

USD 0.5 ordinary

Sale

508

9.8200

USD 0.5 ordinary

Sale

751

9.8190

USD 0.5 ordinary

Sale

1,944

9.8150

USD 0.5 ordinary

Sale

1,186

9.8140

USD 0.5 ordinary

Sale

677

9.8130

USD 0.5 ordinary

Sale

877

9.8120

USD 0.5 ordinary

Sale

2,109

9.8110

USD 0.5 ordinary

Sale

3,295

9.8100

USD 0.5 ordinary

Sale

129

9.8090

USD 0.5 ordinary

Sale

572

9.8080

USD 0.5 ordinary

Sale

2,047

9.8070

USD 0.5 ordinary

Sale

1,410

9.8030

USD 0.5 ordinary

Sale

244

9.8020

USD 0.5 ordinary

Sale

46,712

9.8000

USD 0.5 ordinary

Sale

2,447

9.7990

USD 0.5 ordinary

Sale

1,759

9.7980

USD 0.5 ordinary

Sale

2,805

9.7950

USD 0.5 ordinary

Sale

751

9.7930

USD 0.5 ordinary

Sale

807

9.7920

USD 0.5 ordinary

Sale

1,467

9.7910

USD 0.5 ordinary

Sale

982

9.7900

USD 0.5 ordinary

Sale

2,531

9.7890

USD 0.5 ordinary

Sale

902

9.7860

USD 0.5 ordinary

Sale

729

9.7850

USD 0.5 ordinary

Sale

7,557

9.7840

USD 0.5 ordinary

Sale

1,226

9.7830

USD 0.5 ordinary

Sale

1,299

9.7820

USD 0.5 ordinary

Sale

539

9.7810

USD 0.5 ordinary

Sale

3,227

9.7800

USD 0.5 ordinary

Sale

2,152

9.7780

USD 0.5 ordinary

Sale

500

9.7740

USD 0.5 ordinary

Sale

1,029

9.7710

USD 0.5 ordinary

Sale

2,350

9.7700

USD 0.5 ordinary

Sale

1,091

9.7690

USD 0.5 ordinary

Sale

765

9.7680

USD 0.5 ordinary

Sale

786

9.7660

USD 0.5 ordinary

Sale

537

9.7650

USD 0.5 ordinary

Sale

1,554

9.7630

USD 0.5 ordinary

Sale

1,452

9.7600

USD 0.5 ordinary

Sale

1,372

9.7560

USD 0.5 ordinary

Sale

274

9.7500

USD 0.5 ordinary

Sale

951

9.7440

USD 0.5 ordinary

Sale

1,056

9.7420

USD 0.5 ordinary

Sale

1,663

9.7410

Total

139,376

 

(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 Buy 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

Buy

2,000,000

9.60

E

19/10/2012

25.00

USD 0.5 ordinary

Put

Sell

2,000,000

9.20

E

19/10/2012

13.50

USD 0.5 ordinary

Put

Sell

20,000

9.80

E

21/12/2012

57.00

USD 0.5 ordinary

Put

Sell

10,000

8.80

E

21/12/2012

27.00

USD 0.5 ordinary

Put

Sell

10,000

8.80

E

21/12/2012

23.50

 

(ii) Excercising

 

Class of relevant security

Product description

e.g. call option

Number of securities

Exercise price per unit

None

 

 

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:

26 September 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

Buy

2,000,000

9.60

E

19/10/2012

USD 0.5 ordinary

Put

Sell

2,000,000

9.60

E

19/10/2012

USD 0.5 ordinary

Call

Sell

600,000

8.00

E

20/12/2012

USD 0.5 ordinary

Put

Sell

51,636

7.20

E

21/12/2012

USD 0.5 ordinary

Call

Sell

51,636

7.20

E

21/12/2012

USD 0.5 ordinary

Put

Buy

680,000

8.00

A

21/12/2012

USD 0.5 ordinary

Put

Sell

50,000

8.00

E

21/12/2012

USD 0.5 ordinary

Call

Sell

45,095

8.26

E

21/12/2012

USD 0.5 ordinary

Put

Sell

45,095

8.26

E

21/12/2012

USD 0.5 ordinary

Call

Sell

30,000

8.40

E

21/12/2012

USD 0.5 ordinary

Put

Sell

20,000

8.40

E

21/12/2012

USD 0.5 ordinary

Put

Buy

543,000

8.80

A

21/12/2012

USD 0.5 ordinary

Put

Sell

53,000

8.80

E

21/12/2012

USD 0.5 ordinary

Call

Buy

11,000

8.80

E

21/12/2012

USD 0.5 ordinary

Put

Buy

70,000

9.20

A

21/12/2012

USD 0.5 ordinary

Call

Buy

83,000

9.20

E

21/12/2012

USD 0.5 ordinary

Put

Sell

750,000

9.20

E

21/12/2012

USD 0.5 ordinary

Call

Buy

1,000

9.60

E

21/12/2012

USD 0.5 ordinary

Sell

Put

20,000

9.80

E

21/12/2012

USD 0.5 ordinary

Call

Buy

1,525,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

Buy

1,500,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

Sell

150,000

10.00

A

21/12/2012

USD 0.5 ordinary

Call

Buy

110,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

Sell

100,000

10.00

A

21/12/2012

USD 0.5 ordinary

Put

Buy

500,000

11.00

A

21/12/2012

USD 0.5 ordinary

Call

Buy

575,000

11.00

A

21/12/2012

USD 0.5 ordinary

Put

Sell

150,000

11.00

A

21/12/2012

USD 0.5 ordinary

Call

Sell

500,000

12.00

A

21/12/2012

USD 0.5 ordinary

Call

Buy

250,000

12.00

A

21/12/2012

USD 0.5 ordinary

Call

Buy

300,000

13.00

E

21/12/2012

USD 0.5 ordinary

Put

Buy

300,000

13.00

E

21/12/2012

USD 0.5 ordinary

Call

Buy

15,000

13.00

A

21/12/2012

USD 0.5 ordinary

Call

Sell

37,000

13.00

E

21/12/2012

USD 0.5 ordinary

Put

Buy

125,000

15.00

A

21/12/2012

USD 0.5 ordinary

Put

Sell

16,000

7.20

E

15/03/2013

USD 0.5 ordinary

Put

Sell

16,000

7.20

E

15/03/2013

USD 0.5 ordinary

Put

Buy

33,000

8.00

E

15/03/2013

USD 0.5 ordinary

Put

Buy

61,000

8.40

E

15/03/2013

USD 0.5 ordinary

Call

Sell

58,095

9.39

E

15/03/2013

USD 0.5 ordinary

Put

Sell

58,095

9.39

E

15/03/2013

USD 0.5 ordinary

Call

Sell

16,000

9.60

E

15/03/2013

USD 0.5 ordinary

Call

Buy

10,000

10.00

E

15/03/2013

USD 0.5 ordinary

Call

Buy

10,000

12.00

E

15/03/2013

USD 0.5 ordinary

Call

Sell

24,963

10.57

E

02/05/2013

USD 0.5 ordinary

Put

Sell

24,963

10.57

E

02/05/2013

USD 0.5 ordinary

Put

Buy

10,000

8.80

A

21/06/2013

USD 0.5 ordinary

Put

Buy

761,000

9.20

A

21/06/2013

USD 0.5 ordinary

Call

Buy

16,000

9.60

A

21/06/2013

USD 0.5 ordinary

Put

Buy

37,000

9.60

A

21/06/2013

USD 0.5 ordinary

Call

Sell

250,000

10.00

A

21/06/2013

USD 0.5 ordinary

Put

Sell

150,000

7.20

E

20/12/2013

USD 0.5 ordinary

Call

Sell

150,000

8.00

E

20/12/2013

USD 0.5 ordinary

Put

Sell

150,000

8.00

E

20/12/2013

USD 0.5 ordinary

Put

Buy

250,000

8.20

E

20/06/2014

USD 0.5 ordinary

Put

Buy

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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