18th Apr 2013 16:07
Amendment - due to the amendment of Equity and Derivative transactions, the disclosure made on 17 April for dealings on 16 April 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: | 16 April 2013 |
(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 | 3,641,414764,04424,000 | 3.4215 GBP5.1700 USD50.6291 HKD | 3.2070 GBP4.9181 USD39.4002 HKD |
USD 0.01 ordinary | Sales | 3,908,49824,000 | 3.3995 GBP50.6291 HKD | 3.2005 GBP39.4002 HKD |
Convertible Bond | Sales | 5,300,000 | 115.8750 USD | 115.0000 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 | 25,000 | 3.2100 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 30,000 | 3.2344 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 75,000 | 3.3106 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 100,000 | 3.3118 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 33,554 | 3.3182 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 50,000 | 3.3222 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 32 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 4,426 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 1,568 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 13 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 668 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 83 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 142 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 83 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 2,257 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 12,558 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 74 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 174 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 44 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 8,466 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 854 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 3,821 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 14 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 6,719 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 4,367 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 214 | 3.3264 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 33,554 | 3.3441 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 30,000 | 3.3544 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 5,601 | 3.3732 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 3,520 | 3.3732 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,332 | 3.3732 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 10,557 | 3.3732 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 1,216 | 5.0058 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 8,064 | 5.0058 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 3,550 | 5.0058 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 80,566 | 5.0118 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 43,585 | 5.0118 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 30,833 | 5.0118 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 20,016 | 5.0118 USD |
USD 0.01 ordinary | SWAP | Opening a long position | 50,000 | 3.2678 GBP |
USD 0.01 ordinary | SWAP | Increasing a long position | 61,000 | 3.3227 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 |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Purchasing | 600 (600,000) | 3.2000 GBP | AMERICAN | 20/12/2013 | 0.3550 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Purchasing | 400 (400,000) | 3.2000 GBP | AMERICAN | 20/12/2013 | 0.3650 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Purchasing | 400 (400,000) | 3.2000 GBP | AMERICAN | 20/12/2013 | 0.3650 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Purchasing | 600 (600,000) | 3.2000 GBP | AMERICAN | 20/12/2013 | 0.3550 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Purchasing | 1,330 (1,330,000) | 3.4000 GBP | AMERICAN | 20/12/2013 | 0.2700 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Selling | 400 (400,000) | 3.2000 GBP | AMERICAN | 20/12/2013 | 0.3650 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Selling | 600 (600,000) | 3.2000 GBP | AMERICAN | 20/12/2013 | 0.3550 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Selling | 1,330 (1,330,000) | 3.4000 GBP | AMERICAN | 20/12/2013 | 0.2700 GBP |
USD 0.01 ordinary | Call Option / (1.00 : 1,000.00) | Selling | 1,330 (1,330,000) | 3.4000 GBP | AMERICAN | 20/12/2013 | 0.2700 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 April 2013 |
| 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