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Form 8.5 (EPT/NON-RI) Xstrata

15th Nov 2012 11:51

RNS Number : 2284R
BNP Paribas London
15 November 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:

14/11/2012

(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:

1,480,913

0.05

n/a

0.00

(2) Derivatives (other than options):

2,466,152

0.08

8,208,967

0.27

(3) Options and agreements to purchase/sell:

17,451,294

0.58

7,931,888

0.26

 

TOTAL:

21,398,359

0.71

16,140,855

0.54

 

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

2,587

9.5692

USD 0.5 ordinary

Purchase

1,728

9.5490

USD 0.5 ordinary

Purchase

2,072

9.5220

USD 0.5 ordinary

Purchase

592

9.5210

USD 0.5 ordinary

Purchase

8,656

9.5200

USD 0.5 ordinary

Purchase

374

9.5180

USD 0.5 ordinary

Purchase

4,243

9.5170

USD 0.5 ordinary

Purchase

200

9.5160

USD 0.5 ordinary

Purchase

25

9.5152

USD 0.5 ordinary

Purchase

4,290

9.5150

USD 0.5 ordinary

Purchase

2,272

9.5140

USD 0.5 ordinary

Purchase

225

9.5130

USD 0.5 ordinary

Purchase

15

9.5113

USD 0.5 ordinary

Purchase

408

9.5110

USD 0.5 ordinary

Purchase

12

9.5108

USD 0.5 ordinary

Purchase

210

9.5100

USD 0.5 ordinary

Purchase

210

9.5080

USD 0.5 ordinary

Purchase

35

9.5071

USD 0.5 ordinary

Purchase

225

9.5070

USD 0.5 ordinary

Purchase

175

9.5060

USD 0.5 ordinary

Purchase

25

9.5052

USD 0.5 ordinary

Purchase

857

9.5050

USD 0.5 ordinary

Purchase

210

9.5040

USD 0.5 ordinary

Purchase

213

9.5030

USD 0.5 ordinary

Purchase

219

9.5010

USD 0.5 ordinary

Purchase

2,631

9.5000

USD 0.5 ordinary

Purchase

5,136

9.4990

USD 0.5 ordinary

Purchase

4,028

9.4980

USD 0.5 ordinary

Purchase

21

9.4971

USD 0.5 ordinary

Purchase

436

9.4970

USD 0.5 ordinary

Purchase

1,745

9.4960

USD 0.5 ordinary

Purchase

235

9.4950

USD 0.5 ordinary

Purchase

845

9.4940

USD 0.5 ordinary

Purchase

25

9.4932

USD 0.5 ordinary

Purchase

1,355

9.4930

USD 0.5 ordinary

Purchase

2,115

9.4920

USD 0.5 ordinary

Purchase

1,182

9.4910

USD 0.5 ordinary

Purchase

2,809

9.4900

USD 0.5 ordinary

Purchase

3,053

9.4890

USD 0.5 ordinary

Purchase

1,219

9.4880

USD 0.5 ordinary

Purchase

846

9.4870

USD 0.5 ordinary

Purchase

2,220

9.4860

USD 0.5 ordinary

Purchase

9

9.4856

USD 0.5 ordinary

Purchase

851

9.4850

USD 0.5 ordinary

Purchase

37

9.4841

USD 0.5 ordinary

Purchase

210

9.4840

USD 0.5 ordinary

Purchase

2,145

9.4830

USD 0.5 ordinary

Purchase

2,952

9.4820

USD 0.5 ordinary

Purchase

732

9.4810

USD 0.5 ordinary

Purchase

225

9.4800

USD 0.5 ordinary

Purchase

26,138

9.4780

USD 0.5 ordinary

Purchase

79,708

9.4770

USD 0.5 ordinary

Purchase

559

9.4630

USD 0.5 ordinary

Purchase

50,487

9.4620

USD 0.5 ordinary

Purchase

1,001

9.4590

USD 0.5 ordinary

Purchase

1,613

9.4580

USD 0.5 ordinary

Purchase

701

9.4570

USD 0.5 ordinary

Purchase

356

9.4550

USD 0.5 ordinary

Purchase

179

9.4530

Total

227,882

USD 0.5 ordinary

Sales

1,791

9.5920

USD 0.5 ordinary

Sales

226

9.5910

USD 0.5 ordinary

Sales

163

9.5420

USD 0.5 ordinary

Sales

94

9.5130

USD 0.5 ordinary

Sales

650

9.4980

USD 0.5 ordinary

Sales

700

9.4950

USD 0.5 ordinary

Sales

924

9.4940

USD 0.5 ordinary

Sales

4,159

9.4930

USD 0.5 ordinary

Sales

1,760

9.4920

USD 0.5 ordinary

Sales

1,266

9.4900

USD 0.5 ordinary

Sales

15

9.4893

USD 0.5 ordinary

Sales

555

9.4890

USD 0.5 ordinary

Sales

12

9.4883

USD 0.5 ordinary

Sales

1,552

9.4880

USD 0.5 ordinary

Sales

68

9.4871

USD 0.5 ordinary

Sales

1,000

9.4870

USD 0.5 ordinary

Sales

3,284

9.4860

USD 0.5 ordinary

Sales

104

9.4851

USD 0.5 ordinary

Sales

669

9.4850

USD 0.5 ordinary

Sales

1,721

9.4830

USD 0.5 ordinary

Sales

1,981

9.4820

USD 0.5 ordinary

Sales

5,322

9.4800

USD 0.5 ordinary

Sales

1,319

9.4790

USD 0.5 ordinary

Sales

1,824

9.4780

USD 0.5 ordinary

Sales

194,040

9.4770

USD 0.5 ordinary

Sales

29

9.4769

USD 0.5 ordinary

Sales

325

9.4760

USD 0.5 ordinary

Sales

2,653

9.4750

USD 0.5 ordinary

Sales

1,000

9.4740

USD 0.5 ordinary

Sales

729

9.4730

USD 0.5 ordinary

Sales

1,475

9.4720

USD 0.5 ordinary

Sales

32

9.4719

USD 0.5 ordinary

Sales

209

9.4710

USD 0.5 ordinary

Sales

1,047

9.4700

USD 0.5 ordinary

Sales

150

9.4651

USD 0.5 ordinary

Sales

4

9.4650

USD 0.5 ordinary

Sales

225

9.4640

USD 0.5 ordinary

Sales

71

9.4639

USD 0.5 ordinary

Sales

75

9.4631

USD 0.5 ordinary

Sales

1,829

9.4630

USD 0.5 ordinary

Sales

4,137

9.4620

USD 0.5 ordinary

Sales

26

9.4619

USD 0.5 ordinary

Sales

420

9.4611

USD 0.5 ordinary

Sales

79

9.4610

USD 0.5 ordinary

Sales

585

9.4600

USD 0.5 ordinary

Sales

75

9.4591

USD 0.5 ordinary

Sales

956

9.4590

USD 0.5 ordinary

Sales

345

9.4580

USD 0.5 ordinary

Sales

1,787

9.4570

USD 0.5 ordinary

Sales

3,635

9.4560

USD 0.5 ordinary

Sales

225

9.4551

USD 0.5 ordinary

Sales

2,432

9.4550

USD 0.5 ordinary

Sales

350

9.4540

USD 0.5 ordinary

Sales

75

9.4531

USD 0.5 ordinary

Sales

410

9.4530

USD 0.5 ordinary

Sales

1,362

9.4520

USD 0.5 ordinary

Sales

75

9.4511

USD 0.5 ordinary

Sales

60

9.4510

USD 0.5 ordinary

Sales

60

9.4500

USD 0.5 ordinary

Sales

75

9.4491

USD 0.5 ordinary

Sales

75

9.4480

Total

252,296

 

(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 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

None

 

(ii) Excercising

 

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:

15 November 2012

Contact name:

Melanie Rayson and Rachel Burke

Telephone number:

0207 595 6908 / 0379

 

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

1,250,000

9.00

A

16/11/2012

USD 0.5 ordinary

Call

Buy

525,000

9.60

E

16/11/2012

USD 0.5 ordinary

Call

Sell

50,000

9.80

E

16/11/2012

USD 0.5 ordinary

Call

Sell

75,000

9.80

E

16/11/2012

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

50,000

7.60

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

Sell

1,250,000

9.00

A

21/12/2012

USD 0.5 ordinary

Put

Buy

570,000

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

Sell

35,000

9.40

E

21/12/2012

USD 0.5 ordinary

Call

Buy

1,000

9.60

E

21/12/2012

USD 0.5 ordinary

Put

Buy

253,000

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

17,000

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

3,000

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

10,000

9.80

E

18/01/2013

USD 0.5 ordinary

Call

Sell

10,000

10.50

E

18/01/2013

USD 0.5 ordinary

Call

Buy

10,000

10.50

E

18/01/2013

USD 0.5 ordinary

Call

Buy

10,000

10.50

E

18/01/2013

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

Sell

10,000

11.00

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

Sell

10,000

8.40

A

21/06/2013

USD 0.5 ordinary

Put

Sell

10,000

8.80

A

21/06/2013

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

550,000

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

500,000

10.00

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
 
 
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