2nd Jul 2012 16:52
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 29 June for dealings on 27 June has been updated. Sections 2(a) and 2(b) have 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: | 27 June 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 | 9,685,746511,35513,160 | 3.0500 GBP4.7974 USD52.5713 HKD | 2.9000 GBP4.6482 USD36.7000 HKD |
USD 0.01 ordinary | Sales | 10,796,95713,160 | 3.0500 GBP52.5713 HKD | 2.8960 GBP36.7000 HKD |
(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 | 750,000 | 2.9100 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 4,499 | 2.9100 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 23,501 | 2.9100 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 588,000 | 2.9160 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 52,359 | 2.9179 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 3,424 | 2.9192 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 750,000 | 2.9219 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 52,259 | 2.9273 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 108,760 | 2.9273 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 125,888 | 2.9273 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 126,650 | 2.9273 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 2,024 | 2.9273 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 130,000 | 2.9289 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 24,991 | 2.9320 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 6,248 | 2.9320 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 252,000 | 2.9378 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,040 | 2.9387 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 62,409 | 2.9387 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 51,476 | 2.9387 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 27,277 | 2.9387 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 62,786 | 2.9387 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 14,790 | 2.9415 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 19,683 | 2.9485 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 14,400 | 2.9511 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 200 | 2.9511 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 37,100 | 2.9511 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 5,600 | 2.9511 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 9,400 | 2.9511 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 12,471 | 2.9559 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 3,792 | 2.9559 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 6,993 | 2.9559 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,742 | 2.9559 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 2,500 | 2.9638 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 6,200 | 2.9750 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 43,800 | 2.9750 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 851 | 2.9764 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 2,278 | 2.9772 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 118,167 | 2.9772 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 1,184 | 2.9827 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 24,991 | 2.9827 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 3,424 | 2.9827 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 63,225 | 2.9877 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 35,000 | 2.9948 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 26,667 | 2.9996 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 26,667 | 2.9996 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 47,939 | 3.0026 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 5,661 | 3.0026 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 1,184 | 3.0055 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 851 | 3.0124 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 28,000 | 3.0146 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 231,000 | 3.0446 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 44,330 | 3.0446 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 165,233 | 3.0446 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 21,000 | 3.0446 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 14,437 | 3.0446 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 84,000 | 3.0446 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 45,898 | 4.6482 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 44,096 | 4.6482 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 28,767 | 4.6482 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 31,239 | 4.6482 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 24,418 | 4.6918 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 16,904 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 16,184 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 15,820 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 16,184 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 15,466 | 4.7000 USD |
USD 0.01 ordinary | CFD | Opening a short position | 41,400 | 4.7000 USD |
USD 0.01 ordinary | CFD | Opening a short position | 41,350 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 84,520 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 4,634 | 4.7000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 61,860 | 4.7000 USD |
USD 0.01 ordinary | CFD | Closing a long position | 22,615 | 4.7974 USD |
USD 0.01 ordinary | SWAP | Opening a long position | 21,851 | 2.9273 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 129,845 | 2.9273 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 59,157 | 2.9387 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 10,972 | 2.9387 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 181,585 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 24,763 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 157,820 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 23,743 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 38,988 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 27,840 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 70,113 | 2.9610 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 235,560 | 2.9610 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 |
Warrant | Call Warrant | Selling | 449 | 3.8000 GBP | AMERICAN | 15/03/2013 | 0.1970 CHF |
USD 0.01 ordinary | Put Option | Purchasing | 1,000,000 | 2.5000 GBP | EUROPEAN | 18/07/2012 | 2.5000 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: | 02 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.
Related Shares:
Glencore