1st May 2013 10:27
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: | Morgan Stanley Securities Limited |
(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:
| GLENCORE INTERNATIONAL PLC |
(d) Date dealing undertaken: | 30 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 |
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 | 17,676,457 | 3.2875 GBP | 3.1560 GBP |
USD 0.01 ordinary | SALES | 17,336,391 | 3.2860 GBP | 3.1560 GBP |
USD 0.01 ordinary | PURCHASES | 789,083 | 5.0000 USD | 5.0000 USD |
USD 0.01 ordinary | SALES | 3,495,959 | 5.0000 USD | 4.9300 USD |
5% guaranteed convertible bonds due December 2014 | PURCHASES | 53,500,000 | 115.5000 USD | 114.6250 USD |
5% guaranteed convertible bonds due December 2014 | SALES | 55,100,000 | 115.3000 USD | 114.7500 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 | LONG | 42,233 | 3.1687 GBP |
USD 0.01 ordinary | CFD | LONG | 101,808 | 3.1695 GBP |
USD 0.01 ordinary | CFD | LONG | 300,000 | 3.1695 GBP |
USD 0.01 ordinary | CFD | LONG | 4,664 | 3.1695 GBP |
USD 0.01 ordinary | CFD | LONG | 4,493 | 3.1695 GBP |
USD 0.01 ordinary | CFD | LONG | 9,280 | 3.1695 GBP |
USD 0.01 ordinary | CFD | LONG | 300,000 | 3.1695 GBP |
USD 0.01 ordinary | CFD | LONG | 736,713 | 3.1697 GBP |
USD 0.01 ordinary | CFD | LONG | 86,693 | 3.1700 GBP |
USD 0.01 ordinary | CFD | LONG | 46,272 | 3.1721 GBP |
USD 0.01 ordinary | CFD | LONG | 4,205 | 3.1752 GBP |
USD 0.01 ordinary | CFD | LONG | 1,122,907 | 3.1790 GBP |
USD 0.01 ordinary | CFD | LONG | 150 | 3.1855 GBP |
USD 0.01 ordinary | CFD | LONG | 35 | 3.1855 GBP |
USD 0.01 ordinary | CFD | LONG | 40,456 | 3.1861 GBP |
USD 0.01 ordinary | CFD | LONG | 1,295 | 3.1899 GBP |
USD 0.01 ordinary | CFD | LONG | 354,738 | 3.2007 GBP |
USD 0.01 ordinary | CFD | LONG | 131,408 | 3.2007 GBP |
USD 0.01 ordinary | CFD | LONG | 552,813 | 3.2007 GBP |
USD 0.01 ordinary | CFD | LONG | 131,408 | 3.2007 GBP |
USD 0.01 ordinary | CFD | LONG | 246,698 | 3.2168 GBP |
USD 0.01 ordinary | CFD | LONG | 542,100 | 3.2573 GBP |
USD 0.01 ordinary | CFD | LONG | 25,183 | 3.2775 GBP |
USD 0.01 ordinary | CFD | LONG | 1,071 | 3.2841 GBP |
USD 0.01 ordinary | CFD | SHORT | 3,050 | 3.1695 GBP |
USD 0.01 ordinary | CFD | SHORT | 3,050 | 3.1695 GBP |
USD 0.01 ordinary | CFD | SHORT | 3,367 | 3.1695 GBP |
USD 0.01 ordinary | CFD | SHORT | 646 | 3.1710 GBP |
USD 0.01 ordinary | CFD | SHORT | 156 | 3.1710 GBP |
USD 0.01 ordinary | CFD | SHORT | 101,953 | 3.1786 GBP |
USD 0.01 ordinary | CFD | SHORT | 76,425 | 3.1786 GBP |
USD 0.01 ordinary | CFD | SHORT | 48,772 | 3.1841 GBP |
USD 0.01 ordinary | CFD | SHORT | 3,828,024 | 3.1849 GBP |
USD 0.01 ordinary | CFD | SHORT | 649 | 3.1929 GBP |
USD 0.01 ordinary | CFD | SHORT | 10,000 | 3.1932 GBP |
USD 0.01 ordinary | CFD | SHORT | 19,034 | 3.1934 GBP |
USD 0.01 ordinary | CFD | SHORT | 7,185 | 3.1970 GBP |
USD 0.01 ordinary | CFD | SHORT | 1 | 3.1975 GBP |
USD 0.01 ordinary | CFD | SHORT | 6 | 3.1975 GBP |
USD 0.01 ordinary | CFD | SHORT | 108,261 | 3.1994 GBP |
USD 0.01 ordinary | CFD | SHORT | 50,000 | 3.2000 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,083 | 3.2192 GBP |
USD 0.01 ordinary | CFD | LONG | 381,187 | 4.9300 GBP |
USD 0.01 ordinary | CFD | LONG | 11,417 | 5.0000 GBP |
USD 0.01 ordinary | CFD | LONG | 1,143,562 | 5.0000 GBP |
USD 0.01 ordinary | CFD | SHORT | 114,360 | 4.9999 GBP |
USD 0.01 ordinary | CFD | SHORT | 190,600 | 4.9999 GBP |
USD 0.01 ordinary | CFD | SHORT | 76,240 | 4.9999 GBP |
USD 0.01 ordinary | CFD | SHORT | 76,250 | 5.0000 GBP |
USD 0.01 ordinary | CFD | SHORT | 45,750 | 5.0000 GBP |
USD 0.01 ordinary | CFD | SHORT | 30,500 | 5.0000 GBP |
5% guaranteed convertible bonds due December 2014 | CFD | LONG | 5 | 116,432.3330 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercising
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
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: | 01 MAY 2013 |
| Contact name: | Darren Wickert |
| Telephone number: | +44 (0)20 7425 7514 |
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