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Form 8.5 (EPT/NON-RI) xstrata

4th Oct 2012 12:14

RNS Number : 9499N
BNP Paribas London
04 October 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:

03/10/2012

(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:

16,077,274

0.54

n/a

0.00

(2) Derivatives (other than options):

2,031,824

0.07

6,007,504

0.20

(3) Options and agreements to purchase/sell:

14,584,294

0.49

10,524,888

0.35

 

TOTAL:

32,693,392

1.09

16,532,392

0.55

 

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

679

9.7950

USD 0.5 ordinary

Purchase

903

9.7830

USD 0.5 ordinary

Purchase

351

9.7820

USD 0.5 ordinary

Purchase

120

9.7810

USD 0.5 ordinary

Purchase

1,946

9.7800

USD 0.5 ordinary

Purchase

409

9.7790

USD 0.5 ordinary

Purchase

100

9.7780

USD 0.5 ordinary

Purchase

2,204

9.7770

USD 0.5 ordinary

Purchase

788

9.7760

USD 0.5 ordinary

Purchase

29

9.7652

USD 0.5 ordinary

Purchase

1,318

9.7650

USD 0.5 ordinary

Purchase

841

9.7640

USD 0.5 ordinary

Purchase

482

9.7630

USD 0.5 ordinary

Purchase

1,313

9.7620

USD 0.5 ordinary

Purchase

1,346

9.7610

USD 0.5 ordinary

Purchase

1,341

9.7600

USD 0.5 ordinary

Purchase

2,289

9.7580

USD 0.5 ordinary

Purchase

1,314

9.7560

USD 0.5 ordinary

Purchase

2,853

9.7550

USD 0.5 ordinary

Purchase

3

9.7533

USD 0.5 ordinary

Purchase

394

9.7530

USD 0.5 ordinary

Purchase

686

9.7510

USD 0.5 ordinary

Purchase

3,854

9.7500

USD 0.5 ordinary

Purchase

1,022

9.7490

USD 0.5 ordinary

Purchase

650

9.7480

USD 0.5 ordinary

Purchase

602

9.7430

USD 0.5 ordinary

Purchase

984

9.7420

USD 0.5 ordinary

Purchase

31,169

9.7410

USD 0.5 ordinary

Purchase

1,239

9.7400

USD 0.5 ordinary

Purchase

1,442

9.7380

USD 0.5 ordinary

Purchase

3,956

9.7370

USD 0.5 ordinary

Purchase

1,819

9.7360

USD 0.5 ordinary

Purchase

6,170

9.7350

USD 0.5 ordinary

Purchase

1,069

9.7340

USD 0.5 ordinary

Purchase

2,856

9.7330

USD 0.5 ordinary

Purchase

522

9.7320

USD 0.5 ordinary

Purchase

2,423

9.7310

USD 0.5 ordinary

Purchase

412

9.7280

USD 0.5 ordinary

Purchase

1,943

9.7270

USD 0.5 ordinary

Purchase

2,990

9.7260

USD 0.5 ordinary

Purchase

1,349

9.7250

USD 0.5 ordinary

Purchase

1,178

9.7200

USD 0.5 ordinary

Purchase

957

9.7180

USD 0.5 ordinary

Purchase

127

9.7170

USD 0.5 ordinary

Purchase

6,713

9.7160

USD 0.5 ordinary

Purchase

1,517

9.7150

USD 0.5 ordinary

Purchase

100

9.7140

USD 0.5 ordinary

Purchase

1,202

9.7110

USD 0.5 ordinary

Purchase

170

9.7070

USD 0.5 ordinary

Purchase

3,038

9.7060

USD 0.5 ordinary

Purchase

4,381

9.7050

USD 0.5 ordinary

Purchase

861

9.7040

USD 0.5 ordinary

Purchase

4,240

9.7010

USD 0.5 ordinary

Purchase

1,046

9.7000

USD 0.5 ordinary

Purchase

1,907

9.6990

USD 0.5 ordinary

Purchase

1,763

9.6980

USD 0.5 ordinary

Purchase

2,656

9.6950

USD 0.5 ordinary

Purchase

637

9.6930

USD 0.5 ordinary

Purchase

562

9.6900

USD 0.5 ordinary

Purchase

3,461,313

9.6840

USD 0.5 ordinary

Purchase

1,233

9.6770

USD 0.5 ordinary

Purchase

200

9.6760

USD 0.5 ordinary

Purchase

113

9.6730

USD 0.5 ordinary

Purchase

615

9.6720

USD 0.5 ordinary

Purchase

500

9.6710

USD 0.5 ordinary

Purchase

947

9.6700

USD 0.5 ordinary

Purchase

2,071

9.6690

USD 0.5 ordinary

Purchase

1,934

9.6670

USD 0.5 ordinary

Purchase

3

9.6667

Total

3,590,164

USD 0.5 ordinary

Sale

4,129

9.8050

USD 0.5 ordinary

Sale

963

9.7990

USD 0.5 ordinary

Sale

2,344

9.7970

USD 0.5 ordinary

Sale

221

9.7960

USD 0.5 ordinary

Sale

19

9.7958

USD 0.5 ordinary

Sale

680

9.7950

USD 0.5 ordinary

Sale

715

9.7940

USD 0.5 ordinary

Sale

1,000

9.7930

USD 0.5 ordinary

Sale

705

9.7910

USD 0.5 ordinary

Sale

8,044

9.7870

USD 0.5 ordinary

Sale

1,395

9.7860

USD 0.5 ordinary

Sale

396

9.7850

USD 0.5 ordinary

Sale

277

9.7840

USD 0.5 ordinary

Sale

398

9.7830

USD 0.5 ordinary

Sale

2,289

9.7810

USD 0.5 ordinary

Sale

647

9.7800

USD 0.5 ordinary

Sale

1,165

9.7770

USD 0.5 ordinary

Sale

1,563

9.7760

USD 0.5 ordinary

Sale

15

9.7600

USD 0.5 ordinary

Sale

2,376

9.7570

USD 0.5 ordinary

Sale

352,884

9.7560

USD 0.5 ordinary

Sale

1,023

9.7530

USD 0.5 ordinary

Sale

249

9.7500

USD 0.5 ordinary

Sale

602

9.7490

USD 0.5 ordinary

Sale

145

9.7460

USD 0.5 ordinary

Sale

344

9.7440

USD 0.5 ordinary

Sale

345

9.7400

USD 0.5 ordinary

Sale

1,050

9.7390

USD 0.5 ordinary

Sale

308,000

9.7387

USD 0.5 ordinary

Sale

378

9.7360

USD 0.5 ordinary

Sale

1,017

9.7350

USD 0.5 ordinary

Sale

487

9.7240

USD 0.5 ordinary

Sale

117

9.7200

USD 0.5 ordinary

Sale

245

9.7190

USD 0.5 ordinary

Sale

340

9.7180

USD 0.5 ordinary

Sale

198

9.7170

USD 0.5 ordinary

Sale

272

9.7160

USD 0.5 ordinary

Sale

100

9.7150

USD 0.5 ordinary

Sale

1,244

9.7140

USD 0.5 ordinary

Sale

74,631

9.7105

USD 0.5 ordinary

Sale

4,173

9.7100

USD 0.5 ordinary

Sale

170

9.7070

USD 0.5 ordinary

Sale

162

9.7050

USD 0.5 ordinary

Sale

4,334

9.7040

USD 0.5 ordinary

Sale

488

9.7020

USD 0.5 ordinary

Sale

124

9.6970

USD 0.5 ordinary

Sale

1,918

9.6950

USD 0.5 ordinary

Sale

306

9.6930

USD 0.5 ordinary

Sale

1,297

9.6900

USD 0.5 ordinary

Sale

25,764

9.6840

USD 0.5 ordinary

Sale

285

9.6790

Total

812,033

 

(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 long position

2,939

9.71

USD 0.5 ordinary

CFD

Increasing a long position

42,291

9.71

USD 0.5 ordinary

CFD

Increasing a long position

29,401

9.71

USD 0.5 ordinary

CFD

Increasing a long position

2,453

9.76

USD 0.5 ordinary

CFD

Increasing a short position

14,296

9.76

USD 0.5 ordinary

CFD

Increasing a long position

24,611

9.76

USD 0.5 ordinary

CFD

Increasing a short position

142,857

9.76

USD 0.5 ordinary

CFD

Increasing a long position

24,611

9.76

USD 0.5 ordinary

CFD

Increasing a short position

142,857

9.76

 

 

 

(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

Put

Buy

1,000

9.40

E

16/11/2012

29.00

USD 0.5 ordinary

Put

Sell

10,000

8.80

E

21/12/2012

24.00

USD 0.5 ordinary

Put

Sell

10,000

9.20

E

21/12/2012

35.00

USD 0.5 ordinary

Put

Sell

20,000

9.40

E

21/12/2012

43.00

USD 0.5 ordinary

Put

Sell

20,000

9.40

E

21/12/2012

42.50

USD 0.5 ordinary

Put

Sell

20,000

9.60

E

21/12/2012

49.00

 

 

(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:

04 October 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

2,000,000

9.60

E

19/10/2012

USD 0.5 ordinary

Put

Sell

2,000,000

9.60

E

19/10/2012

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

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

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

Sell

Put

20,000

9.80

E

21/12/2012

USD 0.5 ordinary

Buy

Put

13,000

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

1,000

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

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

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

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
 
 
FEOMMMGGMDFGZZM

Related Shares:

Glencore
FTSE 100 Latest
Value8,798.91
Change63.31