Close
Company Search
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

30th Aug 2012 12:17

RNS Number : 1100L
BNP Paribas London
30 August 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:

29/08/2012

(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:

8,989,708

0.30

n/a

0.00

(2) Derivatives (other than options):

976,222

0.03

5,564,312

0.19

(3) Options and agreements to purchase/sell:

14,688,199

0.49

10,455,793

0.35

 

TOTAL:

24,654,129

0.82

16,020,105

0.53

 

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

11,000

12.0000

USD 0.5 ordinary

Purchase

310

9.3400

USD 0.5 ordinary

Purchase

676

9.3230

USD 0.5 ordinary

Purchase

376

9.3210

USD 0.5 ordinary

Purchase

481

9.3200

USD 0.5 ordinary

Purchase

127

9.3050

USD 0.5 ordinary

Purchase

2,366

9.3040

USD 0.5 ordinary

Purchase

1,800

9.3000

USD 0.5 ordinary

Purchase

922

9.2970

USD 0.5 ordinary

Purchase

1,924

9.2960

USD 0.5 ordinary

Purchase

2,161

9.2950

USD 0.5 ordinary

Purchase

400

9.2930

USD 0.5 ordinary

Purchase

2,667

9.2920

USD 0.5 ordinary

Purchase

1,655

9.2910

USD 0.5 ordinary

Purchase

50

9.2890

USD 0.5 ordinary

Purchase

279

9.2840

USD 0.5 ordinary

Purchase

1,388

9.2830

USD 0.5 ordinary

Purchase

118

9.2810

USD 0.5 ordinary

Purchase

159

9.2800

USD 0.5 ordinary

Purchase

945

9.2780

USD 0.5 ordinary

Purchase

43

9.2770

USD 0.5 ordinary

Purchase

1,564

9.2740

USD 0.5 ordinary

Purchase

176

9.2720

USD 0.5 ordinary

Purchase

734

9.2710

USD 0.5 ordinary

Purchase

1,220

9.2700

USD 0.5 ordinary

Purchase

2,095

9.2690

USD 0.5 ordinary

Purchase

1,190

9.2670

USD 0.5 ordinary

Purchase

485

9.2650

USD 0.5 ordinary

Purchase

394

9.2600

USD 0.5 ordinary

Purchase

484

9.2560

USD 0.5 ordinary

Purchase

434,500

9.2525

USD 0.5 ordinary

Purchase

955

9.2510

USD 0.5 ordinary

Purchase

897

9.2490

USD 0.5 ordinary

Purchase

2,756

9.2460

USD 0.5 ordinary

Purchase

519

9.2450

USD 0.5 ordinary

Purchase

200

9.2440

USD 0.5 ordinary

Purchase

400

9.2430

USD 0.5 ordinary

Purchase

1,850

9.2420

USD 0.5 ordinary

Purchase

21,434

9.2410

USD 0.5 ordinary

Purchase

2,903

9.2400

USD 0.5 ordinary

Purchase

2,629

9.2380

USD 0.5 ordinary

Purchase

2,855

9.2370

USD 0.5 ordinary

Purchase

1,553

9.2360

USD 0.5 ordinary

Purchase

1,800

9.2340

USD 0.5 ordinary

Purchase

484

9.2330

USD 0.5 ordinary

Purchase

480

9.2280

USD 0.5 ordinary

Purchase

1,888

9.2240

USD 0.5 ordinary

Purchase

2,277

9.2230

USD 0.5 ordinary

Purchase

1,884

9.2220

USD 0.5 ordinary

Purchase

1,888

9.2210

USD 0.5 ordinary

Purchase

3,848

9.2100

USD 0.5 ordinary

Purchase

1,387

9.1870

USD 0.5 ordinary

Purchase

1,826

9.1840

USD 0.5 ordinary

Purchase

51,304

9.1680

USD 0.5 ordinary

Purchase

10,782

9.1670

USD 0.5 ordinary

Purchase

1,685

9.1660

USD 0.5 ordinary

Purchase

4

9.1650

USD 0.5 ordinary

Purchase

8,118

9.1640

USD 0.5 ordinary

Purchase

16,742

9.1600

Total

618,037

USD 0.5 ordinary

Sale

2,325

9.3440

USD 0.5 ordinary

Sale

545

9.3300

USD 0.5 ordinary

Sale

121

9.3250

USD 0.5 ordinary

Sale

1,901

9.3130

USD 0.5 ordinary

Sale

607

9.3080

USD 0.5 ordinary

Sale

101

9.3070

USD 0.5 ordinary

Sale

185

9.3060

USD 0.5 ordinary

Sale

374

9.3040

USD 0.5 ordinary

Sale

2,202

9.3020

USD 0.5 ordinary

Sale

2,024

9.3010

USD 0.5 ordinary

Sale

6,023

9.3000

USD 0.5 ordinary

Sale

949

9.2990

USD 0.5 ordinary

Sale

3,126

9.2980

USD 0.5 ordinary

Sale

424

9.2970

USD 0.5 ordinary

Sale

586

9.2960

USD 0.5 ordinary

Sale

1,888

9.2950

USD 0.5 ordinary

Sale

1,354

9.2940

USD 0.5 ordinary

Sale

1,213

9.2920

USD 0.5 ordinary

Sale

128

9.2910

USD 0.5 ordinary

Sale

140

9.2900

USD 0.5 ordinary

Sale

50

9.2890

USD 0.5 ordinary

Sale

960

9.2880

USD 0.5 ordinary

Sale

428

9.2870

USD 0.5 ordinary

Sale

1,560

9.2860

USD 0.5 ordinary

Sale

318

9.2840

USD 0.5 ordinary

Sale

20,000

9.2830

USD 0.5 ordinary

Sale

1,873

9.2820

USD 0.5 ordinary

Sale

1,668

9.2800

USD 0.5 ordinary

Sale

861

9.2790

USD 0.5 ordinary

Sale

987

9.2780

USD 0.5 ordinary

Sale

24

9.2779

USD 0.5 ordinary

Sale

2,113

9.2770

USD 0.5 ordinary

Sale

1,125

9.2760

USD 0.5 ordinary

Sale

480

9.2750

USD 0.5 ordinary

Sale

4,369

9.2740

USD 0.5 ordinary

Sale

765

9.2730

USD 0.5 ordinary

Sale

2,593

9.2720

USD 0.5 ordinary

Sale

121

9.2710

USD 0.5 ordinary

Sale

2,865

9.2700

USD 0.5 ordinary

Sale

7,190

9.2690

USD 0.5 ordinary

Sale

5,191

9.2680

USD 0.5 ordinary

Sale

6,175

9.2670

USD 0.5 ordinary

Sale

275

9.2660

USD 0.5 ordinary

Sale

75

9.2651

USD 0.5 ordinary

Sale

6,348

9.2650

USD 0.5 ordinary

Sale

316

9.2630

USD 0.5 ordinary

Sale

420

9.2620

USD 0.5 ordinary

Sale

3,715

9.2610

USD 0.5 ordinary

Sale

4,244

9.2600

USD 0.5 ordinary

Sale

75

9.2591

USD 0.5 ordinary

Sale

836

9.2590

USD 0.5 ordinary

Sale

165

9.2580

USD 0.5 ordinary

Sale

14

9.2579

USD 0.5 ordinary

Sale

75

9.2571

USD 0.5 ordinary

Sale

151

9.2570

USD 0.5 ordinary

Sale

137

9.2561

USD 0.5 ordinary

Sale

405

9.2560

USD 0.5 ordinary

Sale

19

9.2558

USD 0.5 ordinary

Sale

67

9.2551

USD 0.5 ordinary

Sale

8

9.2550

USD 0.5 ordinary

Sale

609

9.2540

USD 0.5 ordinary

Sale

150

9.2531

USD 0.5 ordinary

Sale

2,270

9.2530

USD 0.5 ordinary

Sale

90

9.2520

USD 0.5 ordinary

Sale

150

9.2511

USD 0.5 ordinary

Sale

75

9.2510

USD 0.5 ordinary

Sale

1,030

9.2500

USD 0.5 ordinary

Sale

981

9.2480

USD 0.5 ordinary

Sale

150

9.2471

USD 0.5 ordinary

Sale

2,160

9.2470

USD 0.5 ordinary

Sale

165

9.2460

USD 0.5 ordinary

Sale

74

9.2459

USD 0.5 ordinary

Sale

150

9.2451

USD 0.5 ordinary

Sale

1,487

9.2450

USD 0.5 ordinary

Sale

2,018

9.2440

USD 0.5 ordinary

Sale

75

9.2431

USD 0.5 ordinary

Sale

4,630

9.2430

USD 0.5 ordinary

Sale

4,827

9.2420

USD 0.5 ordinary

Sale

375

9.2411

USD 0.5 ordinary

Sale

82,148

9.2410

USD 0.5 ordinary

Sale

2,577

9.2400

USD 0.5 ordinary

Sale

75

9.2391

USD 0.5 ordinary

Sale

239

9.2390

USD 0.5 ordinary

Sale

4,213

9.2380

USD 0.5 ordinary

Sale

1,008

9.2370

USD 0.5 ordinary

Sale

5,807

9.2360

USD 0.5 ordinary

Sale

150

9.2351

USD 0.5 ordinary

Sale

498

9.2350

USD 0.5 ordinary

Sale

1,740

9.2340

USD 0.5 ordinary

Sale

75

9.2320

USD 0.5 ordinary

Sale

413

9.2280

USD 0.5 ordinary

Sale

439

9.2270

USD 0.5 ordinary

Sale

1,827

9.2260

USD 0.5 ordinary

Sale

904

9.2250

USD 0.5 ordinary

Sale

1,453

9.2240

USD 0.5 ordinary

Sale

24

9.2220

USD 0.5 ordinary

Sale

2,752

9.2180

USD 0.5 ordinary

Sale

1,289

9.2070

USD 0.5 ordinary

Sale

158

9.2010

USD 0.5 ordinary

Sale

1,969

9.1910

USD 0.5 ordinary

Sale

2,094

9.1900

USD 0.5 ordinary

Sale

512

9.1870

USD 0.5 ordinary

Sale

295

9.1830

USD 0.5 ordinary

Sale

1,355

9.1800

USD 0.5 ordinary

Sale

826

9.1770

USD 0.5 ordinary

Sale

218

9.1720

USD 0.5 ordinary

Sale

411

9.1710

USD 0.5 ordinary

Sale

1,531

9.1700

USD 0.5 ordinary

Sale

693

9.1680

USD 0.5 ordinary

Sale

439

9.1660

USD 0.5 ordinary

Sale

908

9.1650

USD 0.5 ordinary

Sale

589

9.1620

Total

246,372

 

(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

USD 0.5 ordinary

CFD

Increasing a short position

434,500

9.2525

 

 

 

(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

Put

Buy

11,000

12.00

E

21/09/2012

0

USD 0.5 ordinary

Call

Buy

1,000

9.60

E

21/12/2012

63.5

 

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:

30/08/2012

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

20,000

7.80

E

21/09/2012

USD 0.5 ordinary

Put

Buy

5,000

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

20,000

9.60

A

21/09/2012

USD 0.5 ordinary

Put

Buy

1,500,000

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

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

Put

Sell

400,000

12.00

A

21/09/2012

USD 0.5 ordinary

Put

Buy

11,000

12.00

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

293,000

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

10,000

9.20

A

21/12/2012

USD 0.5 ordinary

Call

Buy

11,000

9.20

E

21/12/2012

USD 0.5 ordinary

Call

Buy

11,000

9.20

E

21/12/2012

USD 0.5 ordinary

Call

Buy

11,000

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

50,000

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

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
 
 
FEOMMGFRMGVGZZM

Related Shares:

Glencore
FTSE 100 Latest
Value8,785.33
Change24.37