18th May 2012 17:10
Amendment - due to the amendment of Equity transactions, the disclosure made on 17 May for dealings on 14 May has been updated. Section 2(a) has been updated.
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: | 14 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 | 3,920,89127,690132,000 | 3.8320 GBP60.1969 HKD6.0000 USD | 3.6930 GBP45.1374 HKD5.9990 USD |
USD 0.01 ordinary | Sales | 6,063,87127,6901,355,370 | 3.8130 GBP60.1969 HKD6.0500 USD | 3.6900 GBP45.1374 HKD5.9600 USD |
Convertible Bond | Purchases | 6,000,000 | 123.1250 USD | 122.7500 USD |
Convertible Bond | Sales | 6,000,000 | 123.3750 USD | 123.1900 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 long position | 38,477 | 3.7118 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 21,033 | 3.7118 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 9,588 | 3.7118 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 85,551 | 3.7118 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 72,896 | 3.7167 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,615,000 | 3.7184 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 4,328 | 3.7187 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 2,457 | 3.7187 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 3,489 | 3.7201 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 316 | 3.7201 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 47,600 | 3.7227 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 1,500 | 3.7229 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 4,161 | 3.7243 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 1,687 | 3.7243 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 20,126 | 3.7291 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 25,000 | 3.7350 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 20,160 | 3.7639 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 2,457 | 3.8019 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 33,000 | 5.9990 USD |
USD 0.01 ordinary | CFD | Opening a long position | 707,370 | 6.0500 USD |
USD 0.01 ordinary | SWAP | Opening a short position | 15,000 | 3.7044 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 447,200 | 3.7069 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 179,600 | 3.7069 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 131,100 | 3.7069 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 1,389,100 | 3.7069 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 53,000 | 3.7069 GBP |
USD 0.01 ordinary | SWAP | Opening a short position | 15,000 | 3.7135 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 3,600 | 3.7337 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 7,400 | 3.7337 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 16,100 | 3.7337 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 31,800 | 3.7337 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 1,200 | 3.7337 GBP |
USD 0.01 ordinary | SWAP | Increasing a short position | 16,663 | 3.7358 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 1,700 | 3.7386 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 158,804 | 3.7662 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 77,627 | 3.8059 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 10,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 10,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 4,315 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 10,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 2,315 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 15,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 10,000 | 4.0262 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 72,315 | 6.4806 USD |
USD 0.01 ordinary | SWAP | Reducing a long position | 7,115 | 6.4806 USD |
USD 0.01 ordinary | SWAP | Reducing a long position | 102,200 | 6.4806 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 |
USD 0.01 ordinary | Call Option | Selling | 2,500,000 | 4.0000 GBP | AMERICAN | 15/06/2012 | 4.0000 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 10 (10,000) | 3.2000 GBP | AMERICAN | 15/06/2012 | 0.0300 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 10 (10,000) | 3.2000 GBP | AMERICAN | 15/06/2012 | 0.0325 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 20 (20,000) | 4.0000 GBP | AMERICAN | 21/09/2012 | 0.5100 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Purchasing | 20 (20,000) | 4.1000 GBP | AMERICAN | 15/06/2012 | 0.4475 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Selling | 10 (10,000) | 3.2000 GBP | AMERICAN | 15/06/2012 | 0.0325 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Selling | 10 (10,000) | 3.2000 GBP | AMERICAN | 15/06/2012 | 0.0300 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Selling | 20 (20,000) | 4.0000 GBP | AMERICAN | 21/09/2012 | 0.5100 GBP |
USD 0.01 ordinary | Put Option / (1.00 : 1,000.00) | Selling | 20 (20,000) | 4.1000 GBP | AMERICAN | 15/06/2012 | 0.4475 GBP |
(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: | 18 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