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Form 8.5 (EPT/NON-RI) xstrata

4th Sep 2012 11:16

RNS Number : 4532L
BNP Paribas London
04 September 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:

03/09/2012

(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:

8,575,433

0.29

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:

14,852,199

0.49

10,475,793

0.35

 

TOTAL:

24,403,854

0.81

16,030,105

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

368

9.6310

USD 0.5 ordinary

Purchase

348

9.6290

USD 0.5 ordinary

Purchase

336

9.6280

USD 0.5 ordinary

Purchase

2,353

9.6180

USD 0.5 ordinary

Purchase

1,858

9.6150

USD 0.5 ordinary

Purchase

468

9.6140

USD 0.5 ordinary

Purchase

528

9.6130

USD 0.5 ordinary

Purchase

2,503

9.6100

USD 0.5 ordinary

Purchase

278

9.6070

USD 0.5 ordinary

Purchase

1,740

9.6020

USD 0.5 ordinary

Purchase

131

9.5950

USD 0.5 ordinary

Purchase

1,651

9.5940

USD 0.5 ordinary

Purchase

565

9.5910

USD 0.5 ordinary

Purchase

194

9.5890

USD 0.5 ordinary

Purchase

527

9.5860

USD 0.5 ordinary

Purchase

273

9.5840

USD 0.5 ordinary

Purchase

1,999

9.5830

USD 0.5 ordinary

Purchase

535

9.5810

USD 0.5 ordinary

Purchase

11,264

9.5800

USD 0.5 ordinary

Purchase

1,516

9.5790

USD 0.5 ordinary

Purchase

893

9.5750

USD 0.5 ordinary

Purchase

556

9.5740

USD 0.5 ordinary

Purchase

2,637

9.5730

USD 0.5 ordinary

Purchase

1,332

9.5710

USD 0.5 ordinary

Purchase

333

9.5700

USD 0.5 ordinary

Purchase

1,458

9.5690

USD 0.5 ordinary

Purchase

2,991

9.5650

USD 0.5 ordinary

Purchase

1,986

9.5640

USD 0.5 ordinary

Purchase

2,811

9.5620

USD 0.5 ordinary

Purchase

1,826

9.5570

USD 0.5 ordinary

Purchase

393

9.5560

USD 0.5 ordinary

Purchase

3,634

9.5540

USD 0.5 ordinary

Purchase

3,866

9.5530

USD 0.5 ordinary

Purchase

338

9.5520

USD 0.5 ordinary

Purchase

898

9.5510

USD 0.5 ordinary

Purchase

633

9.5500

USD 0.5 ordinary

Purchase

1,817

9.5490

USD 0.5 ordinary

Purchase

942

9.5480

USD 0.5 ordinary

Purchase

342

9.5470

USD 0.5 ordinary

Purchase

503

9.5420

USD 0.5 ordinary

Purchase

645

9.5410

USD 0.5 ordinary

Purchase

112

9.5400

USD 0.5 ordinary

Purchase

113

9.5360

USD 0.5 ordinary

Purchase

358

9.5340

USD 0.5 ordinary

Purchase

8,147

9.5337

USD 0.5 ordinary

Purchase

586

9.5270

USD 0.5 ordinary

Purchase

732

9.5130

USD 0.5 ordinary

Purchase

79,574

9.4720

USD 0.5 ordinary

Purchase

120

9.4560

USD 0.5 ordinary

Purchase

120

9.4550

USD 0.5 ordinary

Purchase

646

9.4530

USD 0.5 ordinary

Purchase

14,036

9.4520

USD 0.5 ordinary

Purchase

77

9.4519

USD 0.5 ordinary

Purchase

1,570

9.4510

USD 0.5 ordinary

Purchase

23

9.4509

USD 0.5 ordinary

Purchase

199,729

9.4500

USD 0.5 ordinary

Purchase

2,066

9.4490

USD 0.5 ordinary

Purchase

480

9.4480

USD 0.5 ordinary

Purchase

8

9.4475

USD 0.5 ordinary

Purchase

3,787

9.4470

USD 0.5 ordinary

Purchase

18

9.4461

USD 0.5 ordinary

Purchase

1,468

9.4460

USD 0.5 ordinary

Purchase

1,005

9.4450

USD 0.5 ordinary

Purchase

1,052

9.4440

USD 0.5 ordinary

Purchase

120

9.4430

USD 0.5 ordinary

Purchase

1,333

9.4200

USD 0.5 ordinary

Purchase

2,660

9.4140

USD 0.5 ordinary

Purchase

1,000

9.4130

USD 0.5 ordinary

Purchase

672

9.4060

USD 0.5 ordinary

Purchase

335

9.4050

USD 0.5 ordinary

Purchase

345

9.3970

Total

382,561

USD 0.5 ordinary

Sales

592

9.6530

USD 0.5 ordinary

Sales

976

9.6490

USD 0.5 ordinary

Sales

8,417

9.6480

USD 0.5 ordinary

Sales

136

9.6470

USD 0.5 ordinary

Sales

685

9.6390

USD 0.5 ordinary

Sales

499

9.6380

USD 0.5 ordinary

Sales

950

9.6340

USD 0.5 ordinary

Sales

1,035

9.6310

USD 0.5 ordinary

Sales

1,346

9.6300

USD 0.5 ordinary

Sales

1,300

9.6290

USD 0.5 ordinary

Sales

836

9.6180

USD 0.5 ordinary

Sales

2,353

9.6150

USD 0.5 ordinary

Sales

712

9.6100

USD 0.5 ordinary

Sales

939

9.6010

USD 0.5 ordinary

Sales

16

9.6000

USD 0.5 ordinary

Sales

7,186

9.5950

USD 0.5 ordinary

Sales

626

9.5890

USD 0.5 ordinary

Sales

1,853

9.5880

USD 0.5 ordinary

Sales

238

9.5840

USD 0.5 ordinary

Sales

55

9.5820

USD 0.5 ordinary

Sales

1,273

9.5810

USD 0.5 ordinary

Sales

1,114

9.5800

USD 0.5 ordinary

Sales

534

9.5790

USD 0.5 ordinary

Sales

716

9.5770

USD 0.5 ordinary

Sales

641

9.5740

USD 0.5 ordinary

Sales

307

9.5720

USD 0.5 ordinary

Sales

1,025

9.5710

USD 0.5 ordinary

Sales

931

9.5700

USD 0.5 ordinary

Sales

438

9.5670

USD 0.5 ordinary

Sales

13

9.5660

USD 0.5 ordinary

Sales

1,015

9.5650

USD 0.5 ordinary

Sales

455

9.5640

USD 0.5 ordinary

Sales

719

9.5630

USD 0.5 ordinary

Sales

3,059

9.5620

USD 0.5 ordinary

Sales

4,264

9.5610

USD 0.5 ordinary

Sales

2,318

9.5600

USD 0.5 ordinary

Sales

129

9.5590

USD 0.5 ordinary

Sales

1,462

9.5580

USD 0.5 ordinary

Sales

736

9.5570

USD 0.5 ordinary

Sales

939

9.5560

USD 0.5 ordinary

Sales

6,191

9.5550

USD 0.5 ordinary

Sales

17

9.5541

USD 0.5 ordinary

Sales

2,919

9.5540

USD 0.5 ordinary

Sales

2,108

9.5500

USD 0.5 ordinary

Sales

1,646

9.5480

USD 0.5 ordinary

Sales

669

9.5470

USD 0.5 ordinary

Sales

2,000

9.5430

USD 0.5 ordinary

Sales

3,777

9.5310

USD 0.5 ordinary

Sales

3,576

9.5300

USD 0.5 ordinary

Sales

148

9.5280

USD 0.5 ordinary

Sales

148

9.5270

USD 0.5 ordinary

Sales

22,196

9.4720

USD 0.5 ordinary

Sales

392

9.4620

USD 0.5 ordinary

Sales

2,610

9.4600

USD 0.5 ordinary

Sales

2,195

9.4570

USD 0.5 ordinary

Sales

1,038

9.4550

USD 0.5 ordinary

Sales

2,104

9.4540

USD 0.5 ordinary

Sales

2,347

9.4520

USD 0.5 ordinary

Sales

1,204

9.4510

USD 0.5 ordinary

Sales

1,188

9.4500

USD 0.5 ordinary

Sales

1,222

9.4490

USD 0.5 ordinary

Sales

148

9.4480

USD 0.5 ordinary

Sales

2,108

9.4470

USD 0.5 ordinary

Sales

984

9.4450

USD 0.5 ordinary

Sales

21

9.4360

USD 0.5 ordinary

Sales

1,127

9.4340

USD 0.5 ordinary

Sales

5,942

9.4330

USD 0.5 ordinary

Sales

18

9.4328

USD 0.5 ordinary

Sales

7,146

9.4310

USD 0.5 ordinary

Sales

2,559

9.4300

USD 0.5 ordinary

Sales

4,128

9.4290

USD 0.5 ordinary

Sales

533

9.4280

USD 0.5 ordinary

Sales

326

9.4270

USD 0.5 ordinary

Sales

465

9.4230

USD 0.5 ordinary

Sales

484

9.4210

USD 0.5 ordinary

Sales

553

9.4190

USD 0.5 ordinary

Sales

1,180

9.4000

USD 0.5 ordinary

Sales

3,795

9.3990

Total

144,050

 

 

(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 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

10,000

8.80

E

21/06/2013

100.50

 

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:

04/09/2012

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

100,000

9.40

A

21/09/2012

USD 0.5 ordinary

Call

Buy

32,000

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

52,000

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

Put

Sell

400,000

12.00

A

21/09/2012

USD 0.5 ordinary

Put

Buy

21,000

12.00

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

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

Put

Buy

10,000

8.80

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
 
 
FEOMMGGLGDDGZZM

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