22nd Jun 2012 11:07
AMENDMENT
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: | 20th 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? | No
|
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 | 3,107,761 | 3.3995 GBP | 3.2870 GBP |
USD 0.01 ordinary | SALES | 2,896,377 | 3.4000 GBP | 3.2850 GBP |
USD 0.01 ordinary | SALES | 172,600 | 5.3000 USD | 5.3000 USD |
5% guaranteed convertible bonds due December 2014 | PURCHASES | 1,000,000 | 92.7195 EUR | 92.7195 EUR |
5% guaranteed convertible bonds due December 2014 | PURCHASES | 3,500,000 | 118.3500 USD | 118.1500 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 | 7,165 | 3.3229 GBP | |
USD 0.01 ordinary | CFD | LONG | 21,495 | 3.3229 GBP | |
USD 0.01 ordinary | CFD | LONG | 268 | 3.3260 GBP | |
USD 0.01 ordinary | CFD | LONG | 124,320 | 3.3279 GBP | |
USD 0.01 ordinary | CFD | LONG | 7,369 | 3.3302 GBP | |
USD 0.01 ordinary | CFD | LONG | 48,790 | 3.3317 GBP | |
USD 0.01 ordinary | CFD | LONG | 3,194 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | LONG | 579 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | LONG | 1,737 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | LONG | 9,581 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | LONG | 50,215 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | LONG | 24,682 | 3.3332 GBP | |
USD 0.01 ordinary | CFD | LONG | 27,767 | 3.3332 GBP | |
USD 0.01 ordinary | CFD | LONG | 6,500 | 3.3345 GBP | |
USD 0.01 ordinary | CFD | LONG | 107,143 | 3.3442 GBP | |
USD 0.01 ordinary | CFD | LONG | 412,160 | 3.3537 GBP | |
USD 0.01 ordinary | CFD | LONG | 124,320 | 3.3537 GBP | |
USD 0.01 ordinary | CFD | LONG | 60,218 | 3.3746 GBP | |
USD 0.01 ordinary | CFD | SHORT | 8,003 | 3.3131 GBP | |
USD 0.01 ordinary | CFD | SHORT | 85 | 3.3265 GBP | |
USD 0.01 ordinary | CFD | SHORT | 2,769 | 3.3310 GBP | |
USD 0.01 ordinary | CFD | SHORT | 432 | 3.3310 GBP | |
USD 0.01 ordinary | CFD | SHORT | 3,970 | 3.3324 GBP | |
USD 0.01 ordinary | CFD | SHORT | 30 | 3.3324 GBP | |
USD 0.01 ordinary | CFD | SHORT | 7,054 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | SHORT | 2,266 | 3.3325 GBP | |
USD 0.01 ordinary | CFD | SHORT | 2,500 | 3.3330 GBP | |
USD 0.01 ordinary | CFD | SHORT | 47,500 | 3.3330 GBP | |
USD 0.01 ordinary | CFD | SHORT | 6,860 | 3.3335 GBP | |
USD 0.01 ordinary | CFD | SHORT | 3,334 | 3.3338 GBP | |
USD 0.01 ordinary | CFD | SHORT | 125,469 | 3.3367 GBP | |
USD 0.01 ordinary | CFD | SHORT | 911 | 3.3390 GBP | |
USD 0.01 ordinary | CFD | SHORT | 60,112 | 3.3542 GBP | |
USD 0.01 ordinary | CFD | SHORT | 206,977 | 3.3597 GBP | |
USD 0.01 ordinary | CFD | SHORT | 127,370 | 3.3634 GBP | |
USD 0.01 ordinary | CFD | SHORT | 12,500 | 3.3961 GBP | |
5% guaranteed convertible bonds due December 2014 | CFD | SHORT | 10 | 95,150.1151 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 (GBP) |
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 (GBP) |
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: | 22nd June 2012 |
| Contact name: | Emma Cansell |
| Telephone number: | 0207 677 2630 |
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