8th May 2012 10:04
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
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 dealing undertaken: | 04 May 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. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
(a) Purchases and sales
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
USD 0.01 ordinary | Purchases | 2,690,57621,830344,735 | 4.2425 GBP60.1969 HKD6.8565 USD | 4.0645 GBP45.1427 HKD6.6400 USD |
USD 0.01 ordinary | Sales | 5,926,30421,830219,300 | 4.2300 GBP60.1969 HKD6.6400 USD | 4.0570 GBP45.1427 HKD6.6400 USD |
Convertible Bond | Purchases | 2,000,000 | 130.7500 USD | 130.7500 USD |
Convertible Bond | Sales | 2,000,000 | 131.0000 USD | 131.0000 USD |
(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 |
USD 0.01 ordinary | CFD | Reducing a long position | 20,000 | 4.0716 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 350,000 | 4.0828 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 154,000 | 4.0831 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 350,000 | 4.0868 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 20,000 | 4.1003 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 4,251 | 4.1010 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,400 | 4.1022 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 3,180 | 4.1037 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 15,000 | 4.1148 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 740,000 | 4.1214 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 27,720 | 4.1283 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 463,000 | 4.1418 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 19,320 | 4.1555 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 370,000 | 4.1620 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 1,400 | 4.2429 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 16,590 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 5,498 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 393,493 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 16,846 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 8,977 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 10,316 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 11,588 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 21,747 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 12,892 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 209,684 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 93,202 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 8,842 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 174,903 | 4.0893 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 10,900 | 4.1347 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 1,200 | 4.1347 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 21,800 | 4.1347 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 18,026 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 12,814 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 29,438 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 38,001 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 1,881 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 687,627 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 305,642 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 28,991 | 4.1643 GBP |
USD 0.01 ordinary | SWAP | Opening a short position | 10,000 | 4.1695 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 2,685 | 4.1718 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 7,315 | 4.1718 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 10,000 | 4.1718 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 65,886 | 6.6911 USD |
USD 0.01 ordinary | SWAP | Reducing a long position | 66,649 | 6.8565 USD |
(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 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
3. 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
|
| Date of disclosure: | 08 May 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.
Related Shares:
Glencore