31st Aug 2012 11:47
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: | 30 August 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 | 3,227,39014,380 | 3.7004 GBP52.5713 HKD | 3.5540 GBP39.4058 HKD |
USD 0.01 ordinary | Sales | 3,371,87414,380 | 3.6800 GBP52.5713 HKD | 3.5555 GBP39.4058 HKD |
Convertible Bond | Sales | 2,000,000 | 120.2500 USD | 120.2500 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 | Opening a short position | 2,202 | 3.5543 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 39,067 | 3.5688 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 11,920 | 3.5688 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 5,467 | 3.5688 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 21,946 | 3.5688 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 9,200 | 3.5705 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 18,300 | 3.5705 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 2,500 | 3.5705 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 9,110 | 3.5709 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 9,110 | 3.5709 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 50,000 | 3.5716 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 250,000 | 3.5720 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 6,485 | 3.5734 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,365 | 3.5734 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 829 | 3.5742 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 5,573 | 3.5742 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 25,000 | 3.5756 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 210,000 | 3.5759 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 5,573 | 3.5838 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 17,600 | 3.5959 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 49,000 | 3.5980 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 35,534 | 3.6004 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 5,600 | 3.6023 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 220,000 | 3.6123 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 25,000 | 3.6159 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 25,000 | 3.6159 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 8,400 | 3.6204 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 4,548 | 3.6362 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 170,000 | 3.6416 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 4,985 | 3.6533 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 4,815 | 3.6533 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 20,000 | 3.6545 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 308 | 3.6587 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 42,000 | 3.6587 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 829 | 3.6603 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 308 | 3.6618 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,039 | 5.7215 USD |
USD 0.01 ordinary | SWAP | Opening a short position | 280,000 | 3.5824 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 26,400 | 3.6122 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 56,900 | 3.6122 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 10,600 | 3.6122 GBP |
USD 0.01 ordinary | SWAP | Opening a short position | 440,000 | 3.7004 GBP |
(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: | 31 August 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