13th Feb 2012 12:09
Amendment - due to the amendment of Equity transactions, the disclosure made on 10 February for dealings on 07 February 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: | 07 February 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 | 4,017,226707,700 | 4.9831 GBP7.3885 USD | 4.2315 GBP7.0000 USD |
USD 0.01 ordinary | Sales | 4,915,3061,272,800 | 4.7220 GBP7.3000 USD | 4.3720 GBP7.0000 USD |
Convertible Bond | Purchases | 1,000,000 | 136.5000 USD | 136.5000 USD |
Convertible Bond | Sales | 4,000,000 | 140.2000 USD | 136.5000 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 | 912 | 4.2324 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 7,260 | 4.3915 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 16,842 | 4.3915 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 17,304 | 4.3955 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 912 | 4.4321 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 248,000 | 4.4475 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 66,000 | 4.4566 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 16,842 | 4.4640 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 50,000 | 4.5393 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 60,000 | 4.5447 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 25,000 | 4.5728 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 11,000 | 4.5728 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 150,000 | 4.5728 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 4,586 | 4.5793 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 65,863 | 4.5793 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 3,424 | 4.5793 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 42,000 | 4.5904 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 65,863 | 4.5904 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 298,548 | 4.6158 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 70,000 | 4.6290 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 9,620 | 4.6605 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 8,130 | 4.6605 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 13,630 | 4.6605 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 675 | 4.6605 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 3,745 | 4.6605 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 14,200 | 4.6605 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 675 | 4.6599 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 8,130 | 4.6599 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 9,620 | 4.6599 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 14,200 | 4.6599 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 3,745 | 4.6599 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 13,630 | 4.6599 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 28,000 | 4.6646 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 60,000 | 4.6723 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 150,000 | 4.6765 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 350,000 | 4.6765 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 300,000 | 4.6814 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 200,000 | 7.0441 USD |
USD 0.01 ordinary | CFD | Opening a long position | 62,000 | 7.1500 USD |
USD 0.01 ordinary | CFD | Opening a long position | 272,250 | 7.1500 USD |
USD 0.01 ordinary | CFD | Opening a long position | 24,750 | 7.1500 USD |
USD 0.01 ordinary | CFD | Opening a long position | 25,000 | 7.1778 USD |
USD 0.01 ordinary | CFD | Opening a long position | 24,700 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 12,732 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 62,000 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 12,350 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 135,850 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 74,100 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 140,058 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 111,420 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 129,890 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 37,140 | 7.3000 USD |
USD 0.01 ordinary | CFD | Opening a long position | 24,760 | 7.3000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 9,000 | 7.3885 USD |
USD 0.01 ordinary | Forward | Opening a short position | 8,964 | 52.2414 HKD |
USD 0.01 ordinary | Forward | Opening a short position | 80,676 | 52.2414 HKD |
USD 0.01 ordinary | SWAP | Opening a long position | 603,286 | 4.4371 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 182,429 | 4.4371 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 76,531 | 4.4584 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 328,371 | 4.5674 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 1,085,914 | 4.5674 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 | Purchasing | 900 | 2.7500 GBP | AMERICAN | 31/12/2030 | 1.9800 EUR |
USD 0.01 ordinary | Put Option | Purchasing | 200,000 | 4.1000 GBP | EUROPEAN | 21/02/2012 | 4.1000 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: | 13 February 2012 |
| Contact name: | Audrey Malone and Gill Teasdale |
| Telephone number: | +44(20) 7552 3836 / +44(20) 7051 1151 |
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