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Form 8.5 (EPT/NON-RI) XSTRATA

8th May 2012 11:54

RNS Number : 8817C
BNP Paribas London
08 May 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:

07/05/2012

(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:

5,787,454

0.19

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:

9,334,417

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

930

11.60

USD 0.5 ordinary

Purchase

841

11.59

USD 0.5 ordinary

Purchase

4,254

11.55

USD 0.5 ordinary

Purchase

3,734

11.50

USD 0.5 ordinary

Purchase

1,969

11.49

USD 0.5 ordinary

Purchase

16,138

11.46

USD 0.5 ordinary

Purchase

10,000

11.45

USD 0.5 ordinary

Purchase

4,508

11.44

USD 0.5 ordinary

Purchase

9,709

11.43

USD 0.5 ordinary

Purchase

22,493

11.42

USD 0.5 ordinary

Purchase

7,581

11.41

USD 0.5 ordinary

Purchase

9,184

11.40

USD 0.5 ordinary

Purchase

25,449

11.39

USD 0.5 ordinary

Purchase

368

11.37

USD 0.5 ordinary

Purchase

75,222

11.32

USD 0.5 ordinary

Purchase

12,276

11.30

USD 0.5 ordinary

Purchase

10,361

11.29

USD 0.5 ordinary

Purchase

16,160

11.28

USD 0.5 ordinary

Purchase

53,189

11.27

USD 0.5 ordinary

Purchase

26,474

11.26

USD 0.5 ordinary

Purchase

50,465

11.25

USD 0.5 ordinary

Purchase

41,594

11.24

USD 0.5 ordinary

Purchase

10,638

11.23

USD 0.5 ordinary

Purchase

20,000

11.21

USD 0.5 ordinary

Purchase

4,129

11.20

USD 0.5 ordinary

Purchase

17,181

11.19

USD 0.5 ordinary

Purchase

1,035

11.18

USD 0.5 ordinary

Purchase

2,332

11.17

 

Total

458,214

 

USD 0.5 ordinary

Sale

1,771

11.59

USD 0.5 ordinary

Sale

1,270

11.52

USD 0.5 ordinary

Sale

2,104

11.50

USD 0.5 ordinary

Sale

3,020

11.48

USD 0.5 ordinary

Sale

2,950

11.47

USD 0.5 ordinary

Sale

1,658

11.46

USD 0.5 ordinary

Sale

3,253

11.45

USD 0.5 ordinary

Sale

3,338

11.44

USD 0.5 ordinary

Sale

3,856

11.43

USD 0.5 ordinary

Sale

23,088

11.42

USD 0.5 ordinary

Sale

5,697

11.41

USD 0.5 ordinary

Sale

612

11.40

USD 0.5 ordinary

Sale

13,247

11.39

USD 0.5 ordinary

Sale

7,234

11.38

USD 0.5 ordinary

Sale

228

11.37

USD 0.5 ordinary

Sale

3,389

11.36

USD 0.5 ordinary

Sale

4,699

11.32

USD 0.5 ordinary

Sale

662

11.31

USD 0.5 ordinary

Sale

13,262

11.30

USD 0.5 ordinary

Sale

19,172

11.29

USD 0.5 ordinary

Sale

28,608

11.28

USD 0.5 ordinary

Sale

13,288

11.27

USD 0.5 ordinary

Sale

40,104

11.26

USD 0.5 ordinary

Sale

25,506

11.25

USD 0.5 ordinary

Sale

20,286

11.24

USD 0.5 ordinary

Sale

8,960

11.23

USD 0.5 ordinary

Sale

498

11.22

USD 0.5 ordinary

Sale

376

11.21

USD 0.5 ordinary

Sale

9,601

11.20

USD 0.5 ordinary

Sale

4,124

11.19

USD 0.5 ordinary

Sale

20,440

11.18

Total

286,301

 

(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

 

 

(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:

08/05/2012

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
 
 
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