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Form 8.5 (EPT/NON-RI) Xstrata

25th Sep 2012 11:50

RNS Number : 0949N
BNP Paribas London
25 September 2012
 

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:

24/09/2012

(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:

12,202,394

0.41

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

0.41

8,517,888

0.28

 

TOTAL:

25,629,910

0.85

14,584,105

0.48

 

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

5,559

10.0600

USD 0.5 ordinary

Purchase

60

10.0500

USD 0.5 ordinary

Purchase

1,081

10.0150

USD 0.5 ordinary

Purchase

2,439

10.0100

USD 0.5 ordinary

Purchase

396

10.0000

USD 0.5 ordinary

Purchase

272,538

9.9980

USD 0.5 ordinary

Purchase

8

9.9975

USD 0.5 ordinary

Purchase

200

9.9970

USD 0.5 ordinary

Purchase

926

9.9950

USD 0.5 ordinary

Purchase

324

9.9930

USD 0.5 ordinary

Purchase

492

9.9910

USD 0.5 ordinary

Purchase

4,182

9.9900

USD 0.5 ordinary

Purchase

398

9.9890

USD 0.5 ordinary

Purchase

4,754

9.9870

USD 0.5 ordinary

Purchase

7,514

9.9860

USD 0.5 ordinary

Purchase

403

9.9850

USD 0.5 ordinary

Purchase

3,106

9.9840

USD 0.5 ordinary

Purchase

1,527

9.9830

USD 0.5 ordinary

Purchase

2,771

9.9820

USD 0.5 ordinary

Purchase

2,713

9.9810

USD 0.5 ordinary

Purchase

244

9.9800

USD 0.5 ordinary

Purchase

2,973

9.9790

USD 0.5 ordinary

Purchase

2,452

9.9780

USD 0.5 ordinary

Purchase

264

9.9770

USD 0.5 ordinary

Purchase

539

9.9760

USD 0.5 ordinary

Purchase

487

9.9750

USD 0.5 ordinary

Purchase

1,788

9.9730

USD 0.5 ordinary

Purchase

1,205

9.9720

USD 0.5 ordinary

Purchase

256

9.9690

USD 0.5 ordinary

Purchase

2,377

9.9670

USD 0.5 ordinary

Purchase

611

9.9650

USD 0.5 ordinary

Purchase

2,138

9.9640

USD 0.5 ordinary

Purchase

510

9.9630

USD 0.5 ordinary

Purchase

234

9.9620

USD 0.5 ordinary

Purchase

1,617

9.9600

USD 0.5 ordinary

Purchase

516

9.9590

USD 0.5 ordinary

Purchase

2,112

9.9560

USD 0.5 ordinary

Purchase

632

9.9550

USD 0.5 ordinary

Purchase

325

9.9520

USD 0.5 ordinary

Purchase

3,202

9.9510

USD 0.5 ordinary

Purchase

2,340

9.9500

USD 0.5 ordinary

Purchase

338

9.9490

USD 0.5 ordinary

Purchase

2,990

9.9470

USD 0.5 ordinary

Purchase

81

9.9460

USD 0.5 ordinary

Purchase

1,194

9.9430

USD 0.5 ordinary

Purchase

857

9.9340

USD 0.5 ordinary

Purchase

349

9.9310

USD 0.5 ordinary

Purchase

1,246

9.9200

USD 0.5 ordinary

Purchase

2,507

9.9190

USD 0.5 ordinary

Purchase

1,227

9.9180

USD 0.5 ordinary

Purchase

866

9.9160

USD 0.5 ordinary

Purchase

429

9.9150

USD 0.5 ordinary

Purchase

9

9.9144

USD 0.5 ordinary

Purchase

897

9.9140

USD 0.5 ordinary

Purchase

52

9.9120

USD 0.5 ordinary

Purchase

249

9.9060

USD 0.5 ordinary

Purchase

2,011

9.9050

USD 0.5 ordinary

Purchase

1,229

9.9040

USD 0.5 ordinary

Purchase

41

9.9030

USD 0.5 ordinary

Purchase

1,445

9.8980

USD 0.5 ordinary

Purchase

2,720

9.8930

USD 0.5 ordinary

Purchase

1,774

9.8890

USD 0.5 ordinary

Purchase

1,070

9.8880

USD 0.5 ordinary

Purchase

138

9.8870

USD 0.5 ordinary

Purchase

202

9.8860

USD 0.5 ordinary

Purchase

2,700

9.8850

USD 0.5 ordinary

Purchase

2,462

9.8820

USD 0.5 ordinary

Purchase

1,368

9.8800

USD 0.5 ordinary

Purchase

718

9.8780

USD 0.5 ordinary

Purchase

352

9.8770

USD 0.5 ordinary

Purchase

766

9.8760

USD 0.5 ordinary

Purchase

508

9.8690

USD 0.5 ordinary

Purchase

2,360

9.8660

USD 0.5 ordinary

Purchase

2

9.8650

USD 0.5 ordinary

Purchase

1,231

9.8490

USD 0.5 ordinary

Purchase

1,896

9.8430

USD 0.5 ordinary

Purchase

348

9.8410

USD 0.5 ordinary

Purchase

1,916

9.8360

USD 0.5 ordinary

Purchase

2,023

9.8340

USD 0.5 ordinary

Purchase

727

9.8330

USD 0.5 ordinary

Purchase

14

9.8171

USD 0.5 ordinary

Purchase

4,888

9.8170

USD 0.5 ordinary

Purchase

150

9.8131

USD 0.5 ordinary

Purchase

1,863

9.8130

Total

388,426

USD 0.5 ordinary

Sale

1,942

10.0700

USD 0.5 ordinary

Sale

5,742

10.0600

USD 0.5 ordinary

Sale

56

10.0550

USD 0.5 ordinary

Sale

814

10.0500

USD 0.5 ordinary

Sale

100

10.0450

USD 0.5 ordinary

Sale

25

10.0352

USD 0.5 ordinary

Sale

4,418

10.0350

USD 0.5 ordinary

Sale

1,557

10.0300

USD 0.5 ordinary

Sale

1,991

10.0150

USD 0.5 ordinary

Sale

569

10.0100

USD 0.5 ordinary

Sale

402

10.0000

USD 0.5 ordinary

Sale

225

9.9991

USD 0.5 ordinary

Sale

11,321

9.9980

USD 0.5 ordinary

Sale

39

9.9979

USD 0.5 ordinary

Sale

180

9.9971

USD 0.5 ordinary

Sale

141

9.9960

USD 0.5 ordinary

Sale

90

9.9951

USD 0.5 ordinary

Sale

45

9.9950

USD 0.5 ordinary

Sale

4,834

9.9940

USD 0.5 ordinary

Sale

135

9.9931

USD 0.5 ordinary

Sale

630

9.9930

USD 0.5 ordinary

Sale

4,327

9.9920

USD 0.5 ordinary

Sale

135

9.9911

USD 0.5 ordinary

Sale

1,335

9.9910

USD 0.5 ordinary

Sale

3,287

9.9900

USD 0.5 ordinary

Sale

180

9.9891

USD 0.5 ordinary

Sale

2,282

9.9890

USD 0.5 ordinary

Sale

3,318

9.9880

USD 0.5 ordinary

Sale

180

9.9871

USD 0.5 ordinary

Sale

3,106

9.9870

USD 0.5 ordinary

Sale

135

9.9860

USD 0.5 ordinary

Sale

98

9.9850

USD 0.5 ordinary

Sale

5,352

9.9840

USD 0.5 ordinary

Sale

135

9.9831

USD 0.5 ordinary

Sale

180

9.9830

USD 0.5 ordinary

Sale

225

9.9820

USD 0.5 ordinary

Sale

1,290

9.9810

USD 0.5 ordinary

Sale

333

9.9800

USD 0.5 ordinary

Sale

4,035

9.9790

USD 0.5 ordinary

Sale

1,372

9.9770

USD 0.5 ordinary

Sale

567

9.9760

USD 0.5 ordinary

Sale

197

9.9750

USD 0.5 ordinary

Sale

962

9.9740

USD 0.5 ordinary

Sale

227

9.9730

USD 0.5 ordinary

Sale

1,033

9.9720

USD 0.5 ordinary

Sale

611

9.9660

USD 0.5 ordinary

Sale

71

9.9650

USD 0.5 ordinary

Sale

1,518

9.9620

USD 0.5 ordinary

Sale

278

9.9560

USD 0.5 ordinary

Sale

885

9.9540

USD 0.5 ordinary

Sale

739

9.9510

USD 0.5 ordinary

Sale

3,167

9.9500

USD 0.5 ordinary

Sale

1,252

9.9490

USD 0.5 ordinary

Sale

1,119

9.9480

USD 0.5 ordinary

Sale

1,019

9.9470

USD 0.5 ordinary

Sale

1,000

9.9460

USD 0.5 ordinary

Sale

1,428

9.9450

USD 0.5 ordinary

Sale

800

9.9430

USD 0.5 ordinary

Sale

1,242

9.9410

USD 0.5 ordinary

Sale

32

9.9390

USD 0.5 ordinary

Sale

704

9.9380

USD 0.5 ordinary

Sale

516

9.9360

USD 0.5 ordinary

Sale

170

9.9320

USD 0.5 ordinary

Sale

1,565

9.9310

USD 0.5 ordinary

Sale

154

9.9290

USD 0.5 ordinary

Sale

689

9.9280

USD 0.5 ordinary

Sale

813

9.9270

USD 0.5 ordinary

Sale

734

9.9260

USD 0.5 ordinary

Sale

1,476

9.9240

USD 0.5 ordinary

Sale

720

9.9230

USD 0.5 ordinary

Sale

359

9.9210

USD 0.5 ordinary

Sale

521

9.9200

USD 0.5 ordinary

Sale

5,007

9.9180

USD 0.5 ordinary

Sale

580

9.9170

USD 0.5 ordinary

Sale

1,661

9.9150

USD 0.5 ordinary

Sale

200

9.9140

USD 0.5 ordinary

Sale

1,581

9.9120

USD 0.5 ordinary

Sale

588

9.9100

USD 0.5 ordinary

Sale

2,853

9.9090

USD 0.5 ordinary

Sale

2,568

9.9060

USD 0.5 ordinary

Sale

57

9.9051

USD 0.5 ordinary

Sale

173

9.9050

USD 0.5 ordinary

Sale

516

9.9010

USD 0.5 ordinary

Sale

344

9.8900

USD 0.5 ordinary

Sale

861

9.8870

USD 0.5 ordinary

Sale

2,349

9.8860

USD 0.5 ordinary

Sale

949

9.8850

USD 0.5 ordinary

Sale

416

9.8840

USD 0.5 ordinary

Sale

618

9.8830

USD 0.5 ordinary

Sale

3,808

9.8820

USD 0.5 ordinary

Sale

672

9.8810

USD 0.5 ordinary

Sale

2,139

9.8800

USD 0.5 ordinary

Sale

911

9.8720

USD 0.5 ordinary

Sale

1,233

9.8700

USD 0.5 ordinary

Sale

466

9.8480

USD 0.5 ordinary

Sale

2,022

9.8450

USD 0.5 ordinary

Sale

1,220

9.8430

USD 0.5 ordinary

Sale

3,993

9.8380

Total

130,914

 

(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

Call

Sell

58,095

9.3915

E

15/03/2013

0.00

USD 0.5 ordinary

Put

Sell

58,095

9.3915

E

15/03/2013

0.00

USD 0.5 ordinary

Call

Buy

10,000

12.00

E

15/03/2013

28.50

USD 0.5 ordinary

Put

Sell

11,000

9.20

E

21/06/2013

85.00

USD 0.5 ordinary

Call

Sell

16,000

9.60

E

21/06/2013

130.00

USD 0.5 ordinary

Put

Sell

26,000

9.60

E

21/06/2013

101.00

USD 0.5 ordinary

Put

Sell

11,000

9.60

E

21/06/2013

102.00

 

(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:

25 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

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

33,000

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

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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