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

5th Oct 2012 11:27

RNS Number : 0450O
BNP Paribas London
05 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:

04/10/2012

(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:

15,792,268

0.53

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:

32,408,386

1.08

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

736

9.7320

USD 0.5 ordinary

Purchase

1,000

9.7310

USD 0.5 ordinary

Purchase

274

9.7300

USD 0.5 ordinary

Purchase

2,318

9.7110

USD 0.5 ordinary

Purchase

776

9.7100

USD 0.5 ordinary

Purchase

44

9.7041

USD 0.5 ordinary

Purchase

7,313

9.7040

USD 0.5 ordinary

Purchase

66

9.7039

USD 0.5 ordinary

Purchase

1,660

9.7010

USD 0.5 ordinary

Purchase

1,117

9.6910

USD 0.5 ordinary

Purchase

1,600

9.6880

USD 0.5 ordinary

Purchase

4,104

9.6800

USD 0.5 ordinary

Purchase

228

9.6780

USD 0.5 ordinary

Purchase

2,112

9.6760

USD 0.5 ordinary

Purchase

3,164

9.6750

USD 0.5 ordinary

Purchase

419

9.6720

USD 0.5 ordinary

Purchase

1,100

9.6710

USD 0.5 ordinary

Purchase

3,924

9.6700

USD 0.5 ordinary

Purchase

730

9.6690

USD 0.5 ordinary

Purchase

5,814

9.6680

USD 0.5 ordinary

Purchase

3,063

9.6660

USD 0.5 ordinary

Purchase

1,162

9.6650

USD 0.5 ordinary

Purchase

411

9.6640

USD 0.5 ordinary

Purchase

3,345

9.6620

USD 0.5 ordinary

Purchase

1,819

9.6600

USD 0.5 ordinary

Purchase

1,680

9.6590

USD 0.5 ordinary

Purchase

99

9.6580

USD 0.5 ordinary

Purchase

965

9.6570

USD 0.5 ordinary

Purchase

1,911

9.6560

USD 0.5 ordinary

Purchase

437

9.6550

USD 0.5 ordinary

Purchase

1,287

9.6540

USD 0.5 ordinary

Purchase

429

9.6530

USD 0.5 ordinary

Purchase

1,093

9.6500

USD 0.5 ordinary

Purchase

2,350

9.6490

USD 0.5 ordinary

Purchase

257

9.6480

USD 0.5 ordinary

Purchase

1,020

9.6460

USD 0.5 ordinary

Purchase

957

9.6450

USD 0.5 ordinary

Purchase

300

9.6440

USD 0.5 ordinary

Purchase

1,363

9.6430

USD 0.5 ordinary

Purchase

4,330

9.6420

USD 0.5 ordinary

Purchase

285

9.6410

USD 0.5 ordinary

Purchase

77

9.6400

USD 0.5 ordinary

Purchase

768

9.6390

USD 0.5 ordinary

Purchase

2,485

9.6380

USD 0.5 ordinary

Purchase

1,108

9.6360

USD 0.5 ordinary

Purchase

3,606

9.6330

USD 0.5 ordinary

Purchase

802

9.6320

USD 0.5 ordinary

Purchase

6,272

9.6300

USD 0.5 ordinary

Purchase

4,615

9.6250

USD 0.5 ordinary

Purchase

222

9.6240

USD 0.5 ordinary

Purchase

3,806

9.6230

USD 0.5 ordinary

Purchase

539

9.6220

USD 0.5 ordinary

Purchase

1,999

9.6200

USD 0.5 ordinary

Purchase

1,213

9.6190

USD 0.5 ordinary

Purchase

498

9.6150

USD 0.5 ordinary

Purchase

290

9.6140

USD 0.5 ordinary

Purchase

750

9.6100

USD 0.5 ordinary

Purchase

766

9.6090

USD 0.5 ordinary

Purchase

1,605

9.6080

USD 0.5 ordinary

Purchase

179

9.6060

USD 0.5 ordinary

Purchase

1,235

9.6020

USD 0.5 ordinary

Purchase

3,766

9.6000

USD 0.5 ordinary

Purchase

1,139

9.5950

USD 0.5 ordinary

Purchase

500

9.5810

USD 0.5 ordinary

Purchase

602

9.5720

USD 0.5 ordinary

Purchase

100

9.5710

USD 0.5 ordinary

Purchase

5,128

9.5700

USD 0.5 ordinary

Purchase

1,000

9.5660

USD 0.5 ordinary

Purchase

2,663

9.5650

USD 0.5 ordinary

Purchase

279

9.5560

USD 0.5 ordinary

Purchase

34,962

9.5520

USD 0.5 ordinary

Purchase

27

9.5519

USD 0.5 ordinary

Purchase

11

9.5518

USD 0.5 ordinary

Purchase

65

9.5411

USD 0.5 ordinary

Purchase

1,293

9.5410

USD 0.5 ordinary

Purchase

292

9.5400

USD 0.5 ordinary

Purchase

2,535

9.5390

USD 0.5 ordinary

Purchase

500

9.5380

USD 0.5 ordinary

Purchase

994

9.5370

USD 0.5 ordinary

Purchase

13

9.5362

USD 0.5 ordinary

Purchase

197

9.5360

USD 0.5 ordinary

Purchase

633

9.5350

USD 0.5 ordinary

Purchase

1,860

9.5330

USD 0.5 ordinary

Purchase

959

9.5320

USD 0.5 ordinary

Purchase

104

9.5319

USD 0.5 ordinary

Purchase

3,071

9.5310

USD 0.5 ordinary

Purchase

2,336

9.5300

USD 0.5 ordinary

Purchase

2,502

9.5290

USD 0.5 ordinary

Purchase

606

9.5280

USD 0.5 ordinary

Purchase

238

9.5270

USD 0.5 ordinary

Purchase

2,033

9.5250

USD 0.5 ordinary

Purchase

1,504

9.5240

USD 0.5 ordinary

Purchase

698

9.5230

USD 0.5 ordinary

Purchase

10,817

9.5220

USD 0.5 ordinary

Purchase

9,517

9.5210

USD 0.5 ordinary

Purchase

16,581

9.5200

USD 0.5 ordinary

Purchase

12

9.5192

USD 0.5 ordinary

Purchase

2,976

9.5190

USD 0.5 ordinary

Purchase

72

9.5181

USD 0.5 ordinary

Purchase

10,889

9.5180

USD 0.5 ordinary

Purchase

58

9.5179

USD 0.5 ordinary

Purchase

25

9.5172

USD 0.5 ordinary

Purchase

24

9.5171

USD 0.5 ordinary

Purchase

7,349

9.5170

USD 0.5 ordinary

Purchase

21

9.5162

USD 0.5 ordinary

Purchase

5,852

9.5160

USD 0.5 ordinary

Purchase

6,402

9.5150

USD 0.5 ordinary

Purchase

2,599

9.5140

USD 0.5 ordinary

Purchase

36

9.5131

USD 0.5 ordinary

Purchase

587

9.5130

USD 0.5 ordinary

Purchase

1,991

9.5120

USD 0.5 ordinary

Purchase

535

9.5110

USD 0.5 ordinary

Purchase

4,905

9.5100

USD 0.5 ordinary

Purchase

2,810

9.5090

USD 0.5 ordinary

Purchase

574

9.5080

USD 0.5 ordinary

Purchase

391

9.5070

USD 0.5 ordinary

Purchase

2,158

9.5060

USD 0.5 ordinary

Purchase

5,595

9.5050

USD 0.5 ordinary

Purchase

354

9.5020

USD 0.5 ordinary

Purchase

3,510

9.5010

USD 0.5 ordinary

Purchase

43

9.5009

USD 0.5 ordinary

Purchase

3,030

9.5000

USD 0.5 ordinary

Purchase

635

9.4990

USD 0.5 ordinary

Purchase

667

9.4980

USD 0.5 ordinary

Purchase

2,421

9.4970

USD 0.5 ordinary

Purchase

95

9.4960

USD 0.5 ordinary

Purchase

484

9.4940

USD 0.5 ordinary

Purchase

5,683

9.4910

USD 0.5 ordinary

Purchase

1,000

9.4900

USD 0.5 ordinary

Purchase

303

9.4890

USD 0.5 ordinary

Purchase

764

9.4870

USD 0.5 ordinary

Purchase

1,774

9.4860

USD 0.5 ordinary

Purchase

3,038,426

9.4830

USD 0.5 ordinary

Purchase

328

9.4820

USD 0.5 ordinary

Purchase

1

9.4800

USD 0.5 ordinary

Purchase

468

9.4770

Total

3,325,269

USD 0.5 ordinary

Sale

3,460,822

9.7750

USD 0.5 ordinary

Sale

525

9.7020

USD 0.5 ordinary

Sale

171

9.6880

USD 0.5 ordinary

Sale

705

9.6760

USD 0.5 ordinary

Sale

322

9.6730

USD 0.5 ordinary

Sale

4,944

9.6720

USD 0.5 ordinary

Sale

621

9.6700

USD 0.5 ordinary

Sale

1,002

9.6570

USD 0.5 ordinary

Sale

246

9.6190

USD 0.5 ordinary

Sale

63,990

9.6130

USD 0.5 ordinary

Sale

500

9.5796

USD 0.5 ordinary

Sale

1,920

9.5240

USD 0.5 ordinary

Sale

1,140

9.5230

USD 0.5 ordinary

Sale

38

9.5221

USD 0.5 ordinary

Sale

2,077

9.5220

USD 0.5 ordinary

Sale

2,820

9.5210

USD 0.5 ordinary

Sale

1,725

9.5200

USD 0.5 ordinary

Sale

1,950

9.5190

USD 0.5 ordinary

Sale

1,583

9.5180

USD 0.5 ordinary

Sale

53

9.5179

USD 0.5 ordinary

Sale

3,955

9.5150

USD 0.5 ordinary

Sale

800

9.5140

USD 0.5 ordinary

Sale

1,155

9.5130

USD 0.5 ordinary

Sale

540

9.5110

USD 0.5 ordinary

Sale

240

9.5050

USD 0.5 ordinary

Sale

1,000

9.5000

USD 0.5 ordinary

Sale

108

9.4990

USD 0.5 ordinary

Sale

2,265

9.4960

USD 0.5 ordinary

Sale

29

9.4941

USD 0.5 ordinary

Sale

10,475

9.4940

USD 0.5 ordinary

Sale

1,396

9.4930

USD 0.5 ordinary

Sale

6,497

9.4920

USD 0.5 ordinary

Sale

1,136

9.4910

USD 0.5 ordinary

Sale

1,410

9.4880

USD 0.5 ordinary

Sale

1,410

9.4870

USD 0.5 ordinary

Sale

30,705

9.4830

Total

3,610,275

 

(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

 

 

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:

05 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
 
 
FEOZMMGGGKDGZZM

Related Shares:

Glencore
FTSE 100 Latest
Value8,798.91
Change63.31