Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Form 8.5 (EPT/NON-RI) Xstrata

3rd May 2012 12:05

RNS Number : 6792C
BNP Paribas London
03 May 2012
 

Replacement

 

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:

02/05/2012

(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:

5,424,209

0.18

n/a

0.00

(2) Derivatives (other than options):

n/a

n/a

1,001,931

0.03

(3) Options and agreements to purchase/sell:

3,546,963

0.12

8,015,963

0.27

 

TOTAL:

8,971,172

0.30

9,017,894

0.30

 

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

 

 

USD 0.5 ordinary

Purchase

5,191

11.93

USD 0.5 ordinary

Purchase

3,730

11.92

USD 0.5 ordinary

Purchase

4,524

11.91

USD 0.5 ordinary

Purchase

20,893

11.90

USD 0.5 ordinary

Purchase

2,602

11.89

USD 0.5 ordinary

Purchase

4,144

11.88

USD 0.5 ordinary

Purchase

8,746

11.87

USD 0.5 ordinary

Purchase

6,806

11.85

USD 0.5 ordinary

Purchase

7,279

11.84

USD 0.5 ordinary

Purchase

6,281

11.83

USD 0.5 ordinary

Purchase

6,223

11.82

USD 0.5 ordinary

Purchase

5,369

11.81

USD 0.5 ordinary

Purchase

9,600

11.80

USD 0.5 ordinary

Purchase

35,298

11.79

USD 0.5 ordinary

Purchase

12,910

11.78

USD 0.5 ordinary

Purchase

2,934

11.77

USD 0.5 ordinary

Purchase

3,878

11.76

USD 0.5 ordinary

Purchase

16,217

11.75

USD 0.5 ordinary

Purchase

1,950

11.74

USD 0.5 ordinary

Purchase

6,215

11.73

USD 0.5 ordinary

Purchase

7,701

11.71

USD 0.5 ordinary

Purchase

5,954

11.70

USD 0.5 ordinary

Purchase

64,614

11.69

USD 0.5 ordinary

Purchase

1,247

11.68

USD 0.5 ordinary

Purchase

4,153

11.67

USD 0.5 ordinary

Purchase

4,092

11.66

USD 0.5 ordinary

Purchase

5,575

11.65

USD 0.5 ordinary

Purchase

25,691

11.64

USD 0.5 ordinary

Purchase

23,486

11.63

USD 0.5 ordinary

Purchase

3,517

11.62

USD 0.5 ordinary

Purchase

1,738

USD 0.5 ordinary

Total

318,558

 

USD 0.5 ordinary

Sale

4,185

11.95

USD 0.5 ordinary

Sale

2,980

11.94

USD 0.5 ordinary

Sale

10,582

11.93

USD 0.5 ordinary

Sale

9,302

11.92

USD 0.5 ordinary

Sale

22,325

11.91

USD 0.5 ordinary

Sale

13,242

11.90

USD 0.5 ordinary

Sale

34,957

11.89

USD 0.5 ordinary

Sale

9,186

11.88

USD 0.5 ordinary

Sale

38,236

11.87

USD 0.5 ordinary

Sale

6,947

11.86

USD 0.5 ordinary

Sale

4,767

11.85

USD 0.5 ordinary

Sale

11,952

11.84

USD 0.5 ordinary

Sale

612

11.83

USD 0.5 ordinary

Sale

2,963

11.82

USD 0.5 ordinary

Sale

5,165

11.81

USD 0.5 ordinary

Sale

219

11.80

USD 0.5 ordinary

Sale

3,242

11.79

USD 0.5 ordinary

Sale

3,840

11.77

USD 0.5 ordinary

Sale

7,407

11.76

USD 0.5 ordinary

Sale

404

11.74

USD 0.5 ordinary

Sale

85,824

11.72

USD 0.5 ordinary

Sale

14,198

11.69

USD 0.5 ordinary

Sale

2,181

11.68

USD 0.5 ordinary

Sale

589

11.63

USD 0.5 ordinary

Sale

210

11.62

 

Total

295,515

 

(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

 

(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

Call

B

10.000.00

13.000

A

20/07/2012

24.5

USD 0.5 ordinary

Put

B

15.000.00

11.000

A

21/09/2012

61

USD 0.5 ordinary

Call

S

24,963.00

10.57

E

02/05/2012

63,221.29

USD 0.5 ordinary

Put

S

24.963.00

10.57

E

02/05/2012

38,692.65

 

 

(ii) Exercising

 

Class of relevant security

Product description

e.g. call option

Number of securities

Exercise price per unit

 

(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)

n/a

 

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:

02/05/2012

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

B

10.000.00

10.5000

A

18/05/2012

USD 0.5 ordinary

Call

B

25.000.00

14.0000

A

18/05/2012

USD 0.5 ordinary

Call

B

30.000.00

13.0000

A

18/05/2012

USD 0.5 ordinary

Call

B

75.000.00

12.0000

A

18/05/2012

USD 0.5 ordinary

Put

S

60.000.00

11.0000

A

18/05/2012

USD 0.5 ordinary

Call

S

10.000.00

11.0000

A

18/05/2012

USD 0.5 ordinary

Put

B

560.000.00

11.0000

A

18/05/2012

USD 0.5 ordinary

Put

B

50.000.00

14.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

77.000.00

12.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

15.000.00

11.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

25.000.00

12.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

55.000.00

11.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

20.000.00

13.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

20.000.00

13.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

50.000.00

14.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

15/06/2012

USD 0.5 ordinary

Put

B

5.000.00

12.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

350.000.00

10.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

10.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

47.000.00

8.8000

A

15/06/2012

USD 0.5 ordinary

Put

S

1,500,000.00

10.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

1,100,000.00

11.5000

E

15/06/2012

USD 0.5 ordinary

Put

B

1,100,000.00

11.5000

E

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

8.4000

A

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

8.4000

A

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

8.4000

A

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

8.4000

A

15/06/2012

USD 0.5 ordinary

Call

B

10.000.00

8.4000

A

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

9.2000

A

15/06/2012

USD 0.5 ordinary

Call

B

10.000.00

13.000

A

20/07/2012

USD 0.5 ordinary

Call

B

285.000.00

11.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Put

B

45.000.00

11.0000

A

21/09/2012

USD 0.5 ordinary

Put

B

1,500,000.00

10.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

300.000.00

13.0000

E

21/12/2012

USD 0.5 ordinary

Put

B

300.000.00

13.0000

E

21/12/2012

USD 0.5 ordinary

Put

B

125.000.00

15.0000

A

21/12/2012

USD 0.5 ordinary

Call

S

500.000.00

12.0000

A

21/12/2012

USD 0.5 ordinary

Call

B

750.000.00

10.0000

A

21/12/2012

USD 0.5 ordinary

Put

B

750.000.00

10.0000

A

21/12/2012

USD 0.5 ordinary

Call

B

250.000.00

12.0000

A

21/12/2012

USD 0.5 ordinary

Put

B

500.000.00

11.0000

A

21/12/2012

USD 0.5 ordinary

Call

B

15.000.00

13.0000

A

21/12/2012

USD 0.5 ordinary

Put

S

130.000.00

10.0000

A

21/12/2012

USD 0.5 ordinary

Call

S

24,963.00

10.57

E

02/05/2013

USD 0.5 ordinary

Put

S

24.963.00

10.57

E

02/05/2013

USD 0.5 ordinary

Put

B

90.000.00

14.0000

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
 
 
FEOGMGGKMFDGZZM

Related Shares:

Glencore
FTSE 100 Latest
Value8,840.11
Change33.58