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Form 8.5 (EPT/NON-RI) xstrata

13th Sep 2012 12:17

RNS Number : 2018M
BNP Paribas London
13 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:

12/09/2012

(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:

7,689,104

0.26

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:

15,724,199

0.52

11,650,793

0.39

 

TOTAL:

24,389,525

0.81

17,681,010

0.59

 

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

6,114

10.3150

USD 0.5 ordinary

Purchase

4,234

10.3000

USD 0.5 ordinary

Purchase

8,072

10.2950

USD 0.5 ordinary

Purchase

905

10.2700

USD 0.5 ordinary

Purchase

2,921

10.2650

USD 0.5 ordinary

Purchase

1,998

10.2600

USD 0.5 ordinary

Purchase

1,512

10.2500

USD 0.5 ordinary

Purchase

1,320

10.2450

USD 0.5 ordinary

Purchase

7,359

10.2400

USD 0.5 ordinary

Purchase

1,300

10.2350

USD 0.5 ordinary

Purchase

780

10.2300

USD 0.5 ordinary

Purchase

5,149

10.2200

USD 0.5 ordinary

Purchase

1,170

10.2100

USD 0.5 ordinary

Purchase

775

10.1900

USD 0.5 ordinary

Purchase

2,543

10.1850

USD 0.5 ordinary

Purchase

593

10.1800

USD 0.5 ordinary

Purchase

5,302

10.1750

USD 0.5 ordinary

Purchase

57

10.1700

USD 0.5 ordinary

Purchase

660

10.1650

USD 0.5 ordinary

Purchase

3,105

10.1600

USD 0.5 ordinary

Purchase

1,577

10.1550

USD 0.5 ordinary

Purchase

7,681

10.1500

USD 0.5 ordinary

Purchase

3,783

10.1450

USD 0.5 ordinary

Purchase

5,401

10.1400

USD 0.5 ordinary

Purchase

1,736

10.1350

USD 0.5 ordinary

Purchase

1,367

10.1300

USD 0.5 ordinary

Purchase

17,939

10.1250

USD 0.5 ordinary

Purchase

856

10.1200

USD 0.5 ordinary

Purchase

1,331

10.1150

USD 0.5 ordinary

Purchase

2,455

10.1100

USD 0.5 ordinary

Purchase

3,423

10.1050

USD 0.5 ordinary

Purchase

3,226

10.1000

USD 0.5 ordinary

Purchase

5,740

10.0900

USD 0.5 ordinary

Purchase

27

10.0552

USD 0.5 ordinary

Purchase

1,719

10.0550

USD 0.5 ordinary

Purchase

345

10.0400

USD 0.5 ordinary

Purchase

326

10.0100

USD 0.5 ordinary

Purchase

8,468

10.0074

USD 0.5 ordinary

Purchase

245

9.9980

USD 0.5 ordinary

Purchase

6,355

9.9950

USD 0.5 ordinary

Purchase

1,719

9.9940

USD 0.5 ordinary

Purchase

2,059

9.9920

USD 0.5 ordinary

Purchase

1,132

9.9910

USD 0.5 ordinary

Purchase

2,299

9.9890

USD 0.5 ordinary

Purchase

2,894

9.9880

USD 0.5 ordinary

Purchase

144

9.9870

USD 0.5 ordinary

Purchase

493

9.9860

USD 0.5 ordinary

Purchase

54

9.9859

USD 0.5 ordinary

Purchase

435

9.9840

USD 0.5 ordinary

Purchase

82

9.9820

USD 0.5 ordinary

Purchase

52

9.9810

USD 0.5 ordinary

Purchase

690

9.9710

USD 0.5 ordinary

Purchase

323

9.9690

USD 0.5 ordinary

Purchase

653

9.9680

USD 0.5 ordinary

Purchase

101

9.9660

USD 0.5 ordinary

Purchase

73

9.9610

USD 0.5 ordinary

Purchase

1,112

9.9580

USD 0.5 ordinary

Purchase

417

9.9560

USD 0.5 ordinary

Purchase

1,799

9.9550

USD 0.5 ordinary

Purchase

644

9.9530

USD 0.5 ordinary

Purchase

1,661

9.9520

USD 0.5 ordinary

Purchase

615

9.9510

USD 0.5 ordinary

Purchase

3,518

9.9500

USD 0.5 ordinary

Purchase

29

9.9490

USD 0.5 ordinary

Purchase

43

9.9470

USD 0.5 ordinary

Purchase

19

9.9440

USD 0.5 ordinary

Purchase

333

9.9420

USD 0.5 ordinary

Purchase

10,476

9.9400

USD 0.5 ordinary

Purchase

1,000

9.9370

USD 0.5 ordinary

Purchase

242,379

9.9360

USD 0.5 ordinary

Purchase

14

9.9357

USD 0.5 ordinary

Purchase

2,332

9.9350

Total

409,463

USD 0.5 ordinary

Sale

1,940

10.3300

USD 0.5 ordinary

Sale

8,916

10.2550

USD 0.5 ordinary

Sale

6,440

10.2500

USD 0.5 ordinary

Sale

640

10.2350

USD 0.5 ordinary

Sale

2,786

10.1900

USD 0.5 ordinary

Sale

3

10.1867

USD 0.5 ordinary

Sale

10,939

10.1850

USD 0.5 ordinary

Sale

850

10.1750

USD 0.5 ordinary

Sale

1,647

10.1650

USD 0.5 ordinary

Sale

7,134

10.1600

USD 0.5 ordinary

Sale

6,404

10.1550

USD 0.5 ordinary

Sale

2,186

10.1500

USD 0.5 ordinary

Sale

10,755

10.1450

USD 0.5 ordinary

Sale

2,314

10.1400

USD 0.5 ordinary

Sale

3

10.1367

USD 0.5 ordinary

Sale

1,577

10.1350

USD 0.5 ordinary

Sale

447

10.1300

USD 0.5 ordinary

Sale

1,407

10.1250

USD 0.5 ordinary

Sale

13

10.1154

USD 0.5 ordinary

Sale

5,191

10.1150

USD 0.5 ordinary

Sale

1,369

10.1000

USD 0.5 ordinary

Sale

326

10.0950

USD 0.5 ordinary

Sale

188

10.0850

USD 0.5 ordinary

Sale

680

10.0800

USD 0.5 ordinary

Sale

1,622

10.0750

USD 0.5 ordinary

Sale

585

10.0700

USD 0.5 ordinary

Sale

1,042

10.0400

USD 0.5 ordinary

Sale

14,374

10.0300

USD 0.5 ordinary

Sale

38

9.9961

USD 0.5 ordinary

Sale

2,442

9.9960

USD 0.5 ordinary

Sale

961

9.9930

USD 0.5 ordinary

Sale

195

9.9890

USD 0.5 ordinary

Sale

210

9.9870

USD 0.5 ordinary

Sale

420

9.9840

USD 0.5 ordinary

Sale

630

9.9830

USD 0.5 ordinary

Sale

3,580

9.9820

USD 0.5 ordinary

Sale

7,690

9.9810

USD 0.5 ordinary

Sale

211

9.9800

USD 0.5 ordinary

Sale

420

9.9790

USD 0.5 ordinary

Sale

1,999

9.9780

USD 0.5 ordinary

Sale

210

9.9770

USD 0.5 ordinary

Sale

210

9.9760

USD 0.5 ordinary

Sale

79

9.9759

USD 0.5 ordinary

Sale

746

9.9740

USD 0.5 ordinary

Sale

2,332

9.9730

USD 0.5 ordinary

Sale

195

9.9720

USD 0.5 ordinary

Sale

210

9.9710

USD 0.5 ordinary

Sale

4,230

9.9700

USD 0.5 ordinary

Sale

768

9.9690

USD 0.5 ordinary

Sale

3,195

9.9680

USD 0.5 ordinary

Sale

1,035

9.9670

USD 0.5 ordinary

Sale

405

9.9660

USD 0.5 ordinary

Sale

210

9.9650

USD 0.5 ordinary

Sale

210

9.9640

USD 0.5 ordinary

Sale

863

9.9630

USD 0.5 ordinary

Sale

1,650

9.9620

USD 0.5 ordinary

Sale

95

9.9611

USD 0.5 ordinary

Sale

405

9.9610

USD 0.5 ordinary

Sale

940

9.9600

USD 0.5 ordinary

Sale

821

9.9590

USD 0.5 ordinary

Sale

2,473

9.9580

USD 0.5 ordinary

Sale

8,264

9.9570

USD 0.5 ordinary

Sale

6

9.9567

USD 0.5 ordinary

Sale

736

9.9560

USD 0.5 ordinary

Sale

59

9.9559

USD 0.5 ordinary

Sale

1,654

9.9550

USD 0.5 ordinary

Sale

1,931

9.9540

USD 0.5 ordinary

Sale

7,803

9.9530

USD 0.5 ordinary

Sale

5,885

9.9520

USD 0.5 ordinary

Sale

3,923

9.9510

USD 0.5 ordinary

Sale

3,708

9.9500

USD 0.5 ordinary

Sale

3,177

9.9490

USD 0.5 ordinary

Sale

3,561

9.9480

USD 0.5 ordinary

Sale

322

9.9470

USD 0.5 ordinary

Sale

3

9.9467

USD 0.5 ordinary

Sale

6,733

9.9460

USD 0.5 ordinary

Sale

3,064

9.9450

USD 0.5 ordinary

Sale

3,275

9.9440

USD 0.5 ordinary

Sale

7,405

9.9430

USD 0.5 ordinary

Sale

4,262

9.9420

USD 0.5 ordinary

Sale

1,562

9.9410

USD 0.5 ordinary

Sale

448

9.9390

USD 0.5 ordinary

Sale

82,069

9.9360

USD 0.5 ordinary

Sale

66

9.9340

USD 0.5 ordinary

Sale

670

9.9330

Total

282,442

 

 

(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 Buyetc.

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

 

 

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:

13/09/2012

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

60,000

7.60

E

21/09/2012

USD 0.5 ordinary

Put

Sell

40,000

7.80

E

21/09/2012

USD 0.5 ordinary

Put

Buy

30,000

7.80

A

21/09/2012

USD 0.5 ordinary

Put

Buy

140,000

8.00

E

21/09/2012

USD 0.5 ordinary

Call

Sell

30,000

8.40

E

21/09/2012

USD 0.5 ordinary

Put

Buy

40,000

8.40

E

21/09/2012

USD 0.5 ordinary

Put

Buy

10,000

8.40

E

21/09/2012

USD 0.5 ordinary

Call

Sell

20,000

8.60

E

21/09/2012

USD 0.5 ordinary

Put

Sell

500,000

8.80

E

21/09/2012

USD 0.5 ordinary

Put

Buy

610,000

8.80

A

21/09/2012

USD 0.5 ordinary

Call

Buy

750,000

8.80

A

21/09/2012

USD 0.5 ordinary

Call

Buy

725,000

9.00

E

21/09/2012

USD 0.5 ordinary

Put

Buy

120,000

9.00

E

21/09/2012

USD 0.5 ordinary

Call

Buy

100,000

9.20

E

21/09/2012

USD 0.5 ordinary

Put

Buy

511,000

9.20

A

21/09/2012

USD 0.5 ordinary

Call

Sell

500,000

9.40

A

21/09/2012

USD 0.5 ordinary

Call

Buy

100,000

9.40

A

21/09/2012

USD 0.5 ordinary

Call

Buy

32,000

9.60

A

21/09/2012

USD 0.5 ordinary

Put

Buy

1,520,000

10.00

A

21/09/2012

USD 0.5 ordinary

Call

Buy

52,000

10.00

A

21/09/2012

USD 0.5 ordinary

Put

Sell

20,000

10.00

A

21/09/2012

USD 0.5 ordinary

Call

Buy

285,000

11.00

A

21/09/2012

USD 0.5 ordinary

Put

Buy

45,000

11.00

A

21/09/2012

USD 0.5 ordinary

Put

Sell

400,000

12.00

A

21/09/2012

USD 0.5 ordinary

Put

Buy

21,000

12.00

A

21/09/2012

USD 0.5 ordinary

Call

Sell

20,000

12.00

A

21/09/2012

USD 0.5 ordinary

Call

Buy

40,000

14.00

A

21/09/2012

USD 0.5 ordinary

Call

Buy

10,000

14.00

A

21/09/2012

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

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

1,500,000

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

140,000

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

550,000

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

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

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

750,000

9.20

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
 
 
FEOMMGMLMFDGZZM

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