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Form 8.5 (EPT/NON-RI)

18th Jul 2012 11:50

RNS Number : 9460H
GoldmanSachs International
18 July 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:

(GS) GOLDMAN SACHS INTERNATIONAL

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

GLENCORE INTERNATIONAL PLC

(c) Name of the party to the offer with which exempt principal trader is connected:

XSTRATA PLC

(d) Date position held/dealing undertaken:

17 July 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 - disclosed previously for XSTRATA PLC

 

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 0.01 ordinary

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

11,019,838

0.15

265,383

0.00

(2) Derivatives (other than options):

0

0.00

0

0.00

(3) Options and agreements to purchase/sell:

0

0.00

2,140,000

0.03

 

TOTAL:

11,019,838

0.15

2,405,383

0.03

 

 

 

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:

Details, including nature of the rights concerned and relevant percentages:

 

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 0.01 ordinary

Sale

766

3.1280 GBP

USD 0.01 ordinary

Sale

225

3.1285 GBP

USD 0.01 ordinary

Sale

570

3.1285 GBP

USD 0.01 ordinary

Sale

955

3.1290 GBP

USD 0.01 ordinary

Sale

300

3.1305 GBP

USD 0.01 ordinary

Sale

1,012

3.1305 GBP

USD 0.01 ordinary

Sale

725

3.1305 GBP

USD 0.01 ordinary

Sale

492

3.1305 GBP

USD 0.01 ordinary

Sale

1,885

3.1325 GBP

USD 0.01 ordinary

Sale

952

3.1330 GBP

USD 0.01 ordinary

Sale

2,220

3.1335 GBP

USD 0.01 ordinary

Sale

591

3.1335 GBP

USD 0.01 ordinary

Sale

400

3.1375 GBP

USD 0.01 ordinary

Sale

800

3.1375 GBP

USD 0.01 ordinary

Sale

901

3.1375 GBP

USD 0.01 ordinary

Sale

370

3.1375 GBP

USD 0.01 ordinary

Sale

742

3.1375 GBP

USD 0.01 ordinary

Sale

279

3.1380 GBP

USD 0.01 ordinary

Sale

300

3.1380 GBP

USD 0.01 ordinary

Sale

1,924

3.1400 GBP

USD 0.01 ordinary

Sale

1,169

3.1405 GBP

USD 0.01 ordinary

Sale

356

3.1405 GBP

USD 0.01 ordinary

Sale

1,454

3.1420 GBP

USD 0.01 ordinary

Sale

400

3.1420 GBP

USD 0.01 ordinary

Sale

1,940

3.1420 GBP

USD 0.01 ordinary

Sale

345

3.1425 GBP

USD 0.01 ordinary

Sale

1,400

3.1425 GBP

USD 0.01 ordinary

Sale

223

3.1450 GBP

USD 0.01 ordinary

Sale

678

3.1455 GBP

USD 0.01 ordinary

Sale

145

3.1460 GBP

USD 0.01 ordinary

Sale

814

3.1465 GBP

USD 0.01 ordinary

Sale

1,070

3.1465 GBP

USD 0.01 ordinary

Sale

170

3.1465 GBP

USD 0.01 ordinary

Sale

350

3.1465 GBP

USD 0.01 ordinary

Sale

380

3.1465 GBP

USD 0.01 ordinary

Sale

1,667

3.1470 GBP

USD 0.01 ordinary

Sale

1,174

3.1475 GBP

USD 0.01 ordinary

Sale

576

3.1475 GBP

USD 0.01 ordinary

Sale

1,172

3.1475 GBP

USD 0.01 ordinary

Sale

1,749

3.1475 GBP

USD 0.01 ordinary

Sale

1,832

3.1475 GBP

USD 0.01 ordinary

Sale

526

3.1480 GBP

USD 0.01 ordinary

Sale

574

3.1480 GBP

USD 0.01 ordinary

Sale

500

3.1480 GBP

USD 0.01 ordinary

Sale

612

3.1490 GBP

USD 0.01 ordinary

Sale

884

3.1490 GBP

USD 0.01 ordinary

Sale

100

3.1495 GBP

USD 0.01 ordinary

Sale

1,237

3.1500 GBP

USD 0.01 ordinary

Sale

388

3.1500 GBP

USD 0.01 ordinary

Sale

300

3.1505 GBP

USD 0.01 ordinary

Sale

13,871

3.1543 GBP

USD 0.01 ordinary

Sale

1,794

3.1550 GBP

USD 0.01 ordinary

Sale

859

3.1550 GBP

USD 0.01 ordinary

Sale

813

3.1550 GBP

USD 0.01 ordinary

Sale

1,400

3.1555 GBP

USD 0.01 ordinary

Sale

783

3.1555 GBP

USD 0.01 ordinary

Sale

300

3.1555 GBP

USD 0.01 ordinary

Sale

300

3.1555 GBP

USD 0.01 ordinary

Sale

119

3.1555 GBP

USD 0.01 ordinary

Sale

156

3.1555 GBP

USD 0.01 ordinary

Sale

152

3.1555 GBP

USD 0.01 ordinary

Sale

200

3.1560 GBP

USD 0.01 ordinary

Sale

300

3.1560 GBP

USD 0.01 ordinary

Sale

741

3.1565 GBP

USD 0.01 ordinary

Sale

405

3.1565 GBP

USD 0.01 ordinary

Sale

645

3.1565 GBP

USD 0.01 ordinary

Sale

1,494

3.1570 GBP

USD 0.01 ordinary

Sale

1,981

3.1570 GBP

USD 0.01 ordinary

Sale

1,795

3.1570 GBP

USD 0.01 ordinary

Sale

1,741

3.1580 GBP

USD 0.01 ordinary

Sale

1,574

3.1580 GBP

USD 0.01 ordinary

Sale

1,130

3.1595 GBP

USD 0.01 ordinary

Sale

380

3.1595 GBP

USD 0.01 ordinary

Sale

300

3.1605 GBP

USD 0.01 ordinary

Sale

1,400

3.1605 GBP

USD 0.01 ordinary

Sale

782

3.1605 GBP

USD 0.01 ordinary

Sale

384

3.1605 GBP

USD 0.01 ordinary

Sale

152

3.1605 GBP

USD 0.01 ordinary

Sale

532

3.1605 GBP

USD 0.01 ordinary

Sale

1,185

3.1605 GBP

USD 0.01 ordinary

Sale

100

3.1610 GBP

USD 0.01 ordinary

Sale

600

3.1610 GBP

USD 0.01 ordinary

Sale

380

3.1615 GBP

USD 0.01 ordinary

Sale

400

3.1620 GBP

USD 0.01 ordinary

Sale

1,406

3.1620 GBP

USD 0.01 ordinary

Sale

947

3.1685 GBP

USD 0.01 ordinary

Sale

576

3.1700 GBP

USD 0.01 ordinary

Sale

9,828

3.1700 GBP

USD 0.01 ordinary

Sale

9,411

3.1700 GBP

USD 0.01 ordinary

Sale

1,850

3.1700 GBP

USD 0.01 ordinary

Sale

178

3.1700 GBP

USD 0.01 ordinary

Sale

3,346

3.1700 GBP

USD 0.01 ordinary

Sale

954

3.1705 GBP

USD 0.01 ordinary

Sale

380

3.1740 GBP

USD 0.01 ordinary

Sale

600

3.1740 GBP

USD 0.01 ordinary

Sale

799

3.1740 GBP

USD 0.01 ordinary

Sale

886

3.1770 GBP

USD 0.01 ordinary

Sale

677

3.1770 GBP

USD 0.01 ordinary

Sale

1,784

3.1770 GBP

USD 0.01 ordinary

Sale

1,841

3.1780 GBP

USD 0.01 ordinary

Sale

1,729

3.1865 GBP

USD 0.01 ordinary

Sale

682

3.1920 GBP

USD 0.01 ordinary

Sale

1,092

3.1920 GBP

 

 

Class of relevant security

Purchases/sales

Total number of securities

USD 0.01 ordinary

Sales

118,708

 

(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)

 

 

 

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:

18 July 2012

Contact name:

Audrey Malone and Darren Adam

Telephone number:

+44(20) 7552 3836 / +44(20) 7051 4224

 

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:

(GS) GOLDMAN, SACHS INTERNATIONAL

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

GLENCORE INTERNATIONAL 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 0.01 ordinary

Call Option

Written

570,000

3.5000 GBP

EUROPEAN

02/08/2012

USD 0.01 ordinary

Call Option

Written

1,000,000

3.4000 GBP

EUROPEAN

17/08/2012

USD 0.01 ordinary

Call Option

Written

570,000

3.6000 GBP

EUROPEAN

11/09/2012

 

 

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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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