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Form 8.5 (EPT/NON-RI) Xstrata

12th Nov 2012 11:43

RNS Number : 8866Q
BNP Paribas London
12 November 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:

09/11/2012

(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:

2,880,609

0.09

n/a

0.00

(2) Derivatives (other than options):

2,466,152

0.08

6,430,181

0.21

(3) Options and agreements to purchase/sell:

17,451,294

0.58

8,056,888

0.27

 

TOTAL:

22,798,055

0.76

14,487,069

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

1,523

9.7580

USD 0.5 ordinary

Purchase

1,359

9.7570

USD 0.5 ordinary

Purchase

494

9.7290

USD 0.5 ordinary

Purchase

143

9.7280

USD 0.5 ordinary

Purchase

1,632

9.7270

USD 0.5 ordinary

Purchase

450

9.7260

USD 0.5 ordinary

Purchase

1,431

9.7250

USD 0.5 ordinary

Purchase

346

9.7240

USD 0.5 ordinary

Purchase

888

9.7210

USD 0.5 ordinary

Purchase

4,139

9.7200

USD 0.5 ordinary

Purchase

2,129

9.7190

USD 0.5 ordinary

Purchase

447

9.7160

USD 0.5 ordinary

Purchase

135

9.7150

USD 0.5 ordinary

Purchase

370

9.7140

USD 0.5 ordinary

Purchase

3,843

9.7090

USD 0.5 ordinary

Purchase

1,532

9.7080

USD 0.5 ordinary

Purchase

804

9.7060

USD 0.5 ordinary

Purchase

32,261

9.7030

USD 0.5 ordinary

Purchase

62

9.7000

USD 0.5 ordinary

Purchase

61

9.6960

USD 0.5 ordinary

Purchase

4,143

9.6820

USD 0.5 ordinary

Purchase

688

9.6780

USD 0.5 ordinary

Purchase

1,369

9.6770

USD 0.5 ordinary

Purchase

994

9.6760

USD 0.5 ordinary

Purchase

1,404

9.6740

USD 0.5 ordinary

Purchase

811

9.6720

USD 0.5 ordinary

Purchase

1,541

9.6690

USD 0.5 ordinary

Purchase

1,217

9.6680

USD 0.5 ordinary

Purchase

399

9.6670

USD 0.5 ordinary

Purchase

102

9.6650

USD 0.5 ordinary

Purchase

3,912

9.6620

USD 0.5 ordinary

Purchase

787

9.6600

USD 0.5 ordinary

Purchase

352

9.6590

USD 0.5 ordinary

Purchase

27

9.6580

USD 0.5 ordinary

Purchase

785

9.6570

USD 0.5 ordinary

Purchase

200

9.6560

USD 0.5 ordinary

Purchase

934

9.6540

USD 0.5 ordinary

Purchase

334

9.6530

USD 0.5 ordinary

Purchase

415

9.6520

USD 0.5 ordinary

Purchase

3,561

9.6510

USD 0.5 ordinary

Purchase

3,889

9.6460

USD 0.5 ordinary

Purchase

162

9.6450

USD 0.5 ordinary

Purchase

162

9.6440

USD 0.5 ordinary

Purchase

2,720

9.6360

USD 0.5 ordinary

Purchase

309

9.6330

USD 0.5 ordinary

Purchase

372

9.6290

USD 0.5 ordinary

Purchase

722

9.6270

USD 0.5 ordinary

Purchase

3,802

9.6260

USD 0.5 ordinary

Purchase

44,000

9.6253

USD 0.5 ordinary

Purchase

1,510

9.6230

USD 0.5 ordinary

Purchase

338

9.6220

USD 0.5 ordinary

Purchase

591

9.6190

USD 0.5 ordinary

Purchase

1,042

9.6160

USD 0.5 ordinary

Purchase

325

9.6140

USD 0.5 ordinary

Purchase

38

9.6139

USD 0.5 ordinary

Purchase

2,659

9.6130

USD 0.5 ordinary

Purchase

1,539

9.6120

USD 0.5 ordinary

Purchase

1,543

9.6110

USD 0.5 ordinary

Purchase

256

9.6100

USD 0.5 ordinary

Purchase

1,963

9.5940

USD 0.5 ordinary

Purchase

1,017

9.5910

Total

146,983

USD 0.5 ordinary

Sales

120

9.7660

USD 0.5 ordinary

Sales

90

9.7340

USD 0.5 ordinary

Sales

90

9.7330

USD 0.5 ordinary

Sales

105

9.7320

USD 0.5 ordinary

Sales

210

9.7310

USD 0.5 ordinary

Sales

195

9.7280

USD 0.5 ordinary

Sales

405

9.7270

USD 0.5 ordinary

Sales

285

9.7260

USD 0.5 ordinary

Sales

195

9.7250

USD 0.5 ordinary

Sales

390

9.7240

USD 0.5 ordinary

Sales

180

9.7230

USD 0.5 ordinary

Sales

390

9.7220

USD 0.5 ordinary

Sales

210

9.7210

USD 0.5 ordinary

Sales

90

9.7200

USD 0.5 ordinary

Sales

90

9.7190

USD 0.5 ordinary

Sales

180

9.7180

USD 0.5 ordinary

Sales

105

9.7170

USD 0.5 ordinary

Sales

195

9.7160

USD 0.5 ordinary

Sales

27

9.7152

USD 0.5 ordinary

Sales

63

9.7151

USD 0.5 ordinary

Sales

195

9.7150

USD 0.5 ordinary

Sales

495

9.7140

USD 0.5 ordinary

Sales

180

9.7130

USD 0.5 ordinary

Sales

390

9.7120

USD 0.5 ordinary

Sales

300

9.7110

USD 0.5 ordinary

Sales

2,947

9.7100

USD 0.5 ordinary

Sales

465

9.7090

USD 0.5 ordinary

Sales

600

9.7080

USD 0.5 ordinary

Sales

780

9.7070

USD 0.5 ordinary

Sales

690

9.7060

USD 0.5 ordinary

Sales

390

9.7050

USD 0.5 ordinary

Sales

285

9.7040

USD 0.5 ordinary

Sales

23,715

9.7030

USD 0.5 ordinary

Sales

285

9.7000

USD 0.5 ordinary

Sales

285

9.6990

USD 0.5 ordinary

Sales

105

9.6980

USD 0.5 ordinary

Sales

105

9.6970

USD 0.5 ordinary

Sales

264

9.6940

USD 0.5 ordinary

Sales

1,726

9.6890

USD 0.5 ordinary

Sales

655

9.6740

USD 0.5 ordinary

Sales

2,617

9.6730

USD 0.5 ordinary

Sales

3,100

9.6710

USD 0.5 ordinary

Sales

2,284

9.6690

USD 0.5 ordinary

Sales

708

9.6660

USD 0.5 ordinary

Sales

2,511

9.6650

USD 0.5 ordinary

Sales

82

9.6630

USD 0.5 ordinary

Sales

200

9.6610

USD 0.5 ordinary

Sales

1,565

9.6530

USD 0.5 ordinary

Sales

1,139

9.6520

USD 0.5 ordinary

Sales

558

9.6510

USD 0.5 ordinary

Sales

195

9.6490

USD 0.5 ordinary

Sales

316

9.6450

USD 0.5 ordinary

Sales

899

9.6430

USD 0.5 ordinary

Sales

2,292

9.6410

USD 0.5 ordinary

Sales

1,705

9.6400

USD 0.5 ordinary

Sales

1,088

9.6390

USD 0.5 ordinary

Sales

2,590

9.6380

USD 0.5 ordinary

Sales

19

9.6353

USD 0.5 ordinary

Sales

74

9.6351

USD 0.5 ordinary

Sales

2,273

9.6350

USD 0.5 ordinary

Sales

1,243

9.6340

USD 0.5 ordinary

Sales

643

9.6320

USD 0.5 ordinary

Sales

3,616

9.6310

USD 0.5 ordinary

Sales

3,678

9.6300

USD 0.5 ordinary

Sales

852

9.6290

USD 0.5 ordinary

Sales

1,277

9.6280

USD 0.5 ordinary

Sales

1,742

9.6270

USD 0.5 ordinary

Sales

144

9.6269

USD 0.5 ordinary

Sales

117

9.6230

USD 0.5 ordinary

Sales

924

9.6220

USD 0.5 ordinary

Sales

702

9.6210

USD 0.5 ordinary

Sales

1,102

9.6120

USD 0.5 ordinary

Sales

200

9.6110

USD 0.5 ordinary

Sales

832

9.6090

USD 0.5 ordinary

Sales

328

9.6080

USD 0.5 ordinary

Sales

3,048

9.6050

USD 0.5 ordinary

Sales

1,640

9.6010

USD 0.5 ordinary

Sales

2,800

9.6000

USD 0.5 ordinary

Sales

1,561

9.5980

USD 0.5 ordinary

Sales

198

9.5970

USD 0.5 ordinary

Sales

164

9.5940

USD 0.5 ordinary

Sales

611

9.5920

USD 0.5 ordinary

Sales

3,680

9.5910

USD 0.5 ordinary

Sales

3,458

9.5900

USD 0.5 ordinary

Sales

130

9.5880

USD 0.5 ordinary

Sales

1,697

9.5870

USD 0.5 ordinary

Sales

1,400

9.5860

USD 0.5 ordinary

Sales

1,026

9.5850

USD 0.5 ordinary

Sales

328

9.5840

USD 0.5 ordinary

Sales

200

9.5830

Total

104,028

 

(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

None

 

(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:

12 November 2012

Contact name:

Melanie Rayson and Rachel Burke

Telephone number:

0207 595 6908 / 0379

 

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

1,250,000

9.00

A

16/11/2012

USD 0.5 ordinary

Call

Buy

525,000

9.60

E

16/11/2012

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

50,000

7.60

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

Sell

1,250,000

9.00

A

21/12/2012

USD 0.5 ordinary

Put

Buy

570,000

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

Sell

35,000

9.40

E

21/12/2012

USD 0.5 ordinary

Call

Buy

1,000

9.60

E

21/12/2012

USD 0.5 ordinary

Put

Buy

253,000

9.60

E

21/12/2012

USD 0.5 ordinary

Sell

Put

20,000

9.80

E

21/12/2012

USD 0.5 ordinary

Buy

Put

17,000

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

Call

Buy

3,000

10.50

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

10,000

9.80

E

18/01/2013

USD 0.5 ordinary

Call

Sell

10,000

10.50

E

18/01/2013

USD 0.5 ordinary

Call

Buy

10,000

10.50

E

18/01/2013

USD 0.5 ordinary

Call

Buy

10,000

10.50

E

18/01/2013

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

Sell

10,000

11.00

E

15/03/2013

USD 0.5 ordinary

Call

Buy

36,000

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

Sell

10,000

8.40

A

21/06/2013

USD 0.5 ordinary

Put

Sell

10,000

8.80

A

21/06/2013

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

550,000

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

500,000

10.00

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
 
 
FEODMMMMMZGGZZM

Related Shares:

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