6th Feb 2012 17:49
Amendment - due to the amendment of Equity, Derivative and Option transactions, the disclosure made on 03 February for dealings on 02 February has been updated. Sections 2(a), 2(b) and 2(c)(i) 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: | 02 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 - disclosing today 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 | 11,380,80730,5001,664,829 | 4.9831 GBP53.0000 HKD7.3019 USD | 4.4000 GBP52.4000 HKD6.8000 USD |
USD 0.01 ordinary | Sales | 5,067,81030,5001,028,860 | 4.6765 GBP53.0000 HKD7.1730 USD | 4.3500 GBP52.6500 HKD6.8500 USD |
Convertible Bond | Purchases | 4,500,000 | 138.3750 USD | 133.7500 USD |
Convertible Bond | Sales | 7,800,000 | 138.9500 USD | 134.4500 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 short position | 5,000 | 4.4252 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 5,000 | 4.4278 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 150,000 | 4.5045 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 35,591 | 4.5056 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 5,000 | 4.5076 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 25,956 | 4.5077 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 8,652 | 4.5077 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 295,000 | 4.5134 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 295,000 | 4.5134 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 200,583 | 4.5135 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 153,047 | 4.5135 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 14,660 | 4.5135 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 131,710 | 4.5135 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 311 | 4.5525 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 1,552 | 4.5525 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 104,000 | 4.5726 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 1,596 | 4.5752 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 3,058 | 4.5752 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 4,854 | 4.5752 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 148,862 | 4.5754 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 56,835 | 4.5754 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 44,303 | 4.5754 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 17,217 | 4.5858 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 13,262 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 61,078 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 11,285 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 11,421 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 84,894 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 16,750 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 210,071 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 59,477 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 7,549 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 16,839 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 69,374 | 4.5883 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 11,153 | 4.5936 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 11,153 | 4.5956 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 30,000 | 4.5956 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 20,000 | 4.5956 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 82,500 | 4.5961 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 18,030 | 4.5996 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 30 | 4.6014 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 147 | 4.6014 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 10,000 | 4.6017 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 884,988 | 4.6034 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 23,306 | 4.6069 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 80,268 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 33,325 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 48,160 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 14,019 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 23,922 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 24,966 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 97,664 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 60,200 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 144,480 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 60,200 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 17,802 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 147,500 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 135,860 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 21,453 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 39,500 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 44,075 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 12,384 | 4.6106 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 2,185 | 4.6111 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 2,903 | 4.6111 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 243 | 4.6156 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 323 | 4.6156 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 5 | 4.6156 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 7 | 4.6156 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 30,000 | 4.6163 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 17,217 | 4.6174 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 8,652 | 4.6174 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 775,000 | 4.6195 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 17,981 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 68,104 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 16,200 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 28,320 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 12,960 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 16,200 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 37,979 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 31,000 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 14,082 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 100,394 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 5,555 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Closing a long position | 24,519 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 1,706 | 4.6242 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 100,000 | 4.6462 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 123,750 | 6.8500 USD |
USD 0.01 ordinary | CFD | Opening a long position | 21,600 | 6.8500 USD |
USD 0.01 ordinary | CFD | Opening a long position | 254,650 | 6.8500 USD |
USD 0.01 ordinary | CFD | Closing a long position | 3,600 | 6.8500 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 53,875 | 6.8500 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 57,500 | 7.0000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 9,000 | 7.1474 USD |
USD 0.01 ordinary | CFD | Opening a long position | 200,000 | 7.1730 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 123,800 | 7.3000 USD |
USD 0.01 ordinary | CFD | Closing a long position | 11,500 | 7.3000 USD |
USD 0.01 ordinary | CFD | Closing a long position | 67,100 | 7.3000 USD |
USD 0.01 ordinary | CFD | Closing a long position | 12,025 | 7.3000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 118,600 | 7.3000 USD |
USD 0.01 ordinary | CFD | Closing a long position | 172,500 | 7.3000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 1,940 | 7.3000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 209,475 | 7.3000 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 64,194 | 7.3019 USD |
USD 0.01 ordinary | CFD | Reducing a long position | 5,530 | 7.3019 USD |
USD 0.01 ordinary | SWAP | Opening a long position | 200,000 | 4.4608 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 10,261 | 4.5521 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 200,000 | 4.5536 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 35,739 | 4.5657 GBP |
USD 0.01 ordinary | SWAP | Opening a short position | 1,000,000 | 4.5800 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 200,000 | 4.5836 GBP |
USD 0.01 ordinary | SWAP | Opening a short position | 1,500,000 | 4.6000 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 43,028 | 4.6015 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 43,028 | 4.6015 GBP |
USD 0.01 ordinary | SWAP | Increasing a long position | 24,306 | 4.6103 GBP |
USD 0.01 ordinary | SWAP | Increasing a long position | 2,708 | 4.6156 GBP |
USD 0.01 ordinary | SWAP | Increasing a long position | 64 | 4.6156 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 | 4,000 | 2.7500 GBP | AMERICAN | 31/12/2030 | 2.1200 EUR |
Warrant | Put Warrant | Selling | 100,000 | 6.6700 GBP | AMERICAN | 02/02/2012 | 0.5400 EUR |
USD 0.01 ordinary | Call Option | Purchasing | 100,000 | 5.0000 GBP | EUROPEAN | 16/02/2012 | 5.0000 GBP |
USD 0.01 ordinary | Call Option | Purchasing | 100,000 | 5.0000 GBP | EUROPEAN | 16/02/2012 | 5.0000 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: | 06 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