4th Feb 2026 17:50
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: | J.P. Morgan Securities Plc |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | Glencore plc |
(c) Name of the party to the offer with which exempt principal trader is connected: | Corporate Broker to Rio Tinto plc and Rio Tinto Limited |
(d) Date dealing undertaken: | 29 January 2026 |
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" | Yes, Rio Tinto plc and Rio Tinto Limited |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
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.
The currency of all prices and other monetary amounts should be stated.
(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 |
Ordinary NPV | Purchase | 116 | 113.5600 ZAR | 112.0000 ZAR |
12,731,902 | 5.3340 GBP | 5.0575 GBP | ||
| Sale | 116 | 113.5600 ZAR | 112.0000 ZAR | |
14,200,458 | 5.3310 GBP | 5.0510 GBP |
(b) Cash-settled derivative transactions
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 |
Ordinary NPV | Equity Swap | Decrease Long
Decrease Short
Increase Long
Increase Short
Opening a short position | 156,173 198,334 221,008 189,917 165,345 69,158 11,572 4,349 26,243 60,126 28,351 23,531 8,771 4,866 26,185 1 81,028 87 3,224 238 13,416 2,499 15,360 3,956 23,976 3,846 3,569
15,003 1,125 88,081 52,627 800 7,364 8,800 64,980 6,746 6,710 4,047 796,161 159,929 1,844 78,992 52,346 4,217 19,212 2,238 7,281 578,792 56,669 10 611 26,982 43,172 215 50,700 1 720 1,490 304 6,765 6,431 15,360 13 37,717 710 3,532 7,959 3,569 325 15,604
33,530 48,673 239,827 39,583 24,609 361,413 2,914 674 12,753 13,559 4,950 205 54,745 542 755
1,477 20 2 1 52,787 15,203 18,701 145,657 4,118 2,268 2,946 1,006 5,694 250,833 10,710 6,100 412,042 19,121 7,281 382,895 750,000 21,402 8,708 2,723 1,322 1,620 4,901 13,559 4,950 7,637 205 7,276 16,074 3,134 542 755 4,858 9,245
495,890 2,765 2,765 2,765 | 5.0760 GBP 5.0790 GBP 5.1068 GBP 5.1070 GBP 5.1337 GBP 5.1387 GBP 5.1487 GBP 5.2208 GBP 5.2217 GBP 5.2360 GBP 5.2489 GBP 5.2519 GBP 5.2557 GBP 5.2585 GBP 5.2609 GBP 113.0747 ZAR 113.1323 ZAR 113.7984 ZAR 113.8318 ZAR 113.8378 ZAR 113.8786 ZAR 114.3100 ZAR 114.3109 ZAR 114.4130 ZAR 114.6634 ZAR 114.6661 ZAR 115.5690 ZAR
5.0787 GBP 5.0788 GBP 5.0798 GBP 5.1264 GBP 5.1416 GBP 5.1649 GBP 5.1734 GBP 5.1867 GBP 5.1987 GBP 5.2072 GBP 5.2142 GBP 5.2150 GBP 5.2262 GBP 5.2283 GBP 5.2290 GBP 5.2294 GBP 5.2304 GBP 5.2346 GBP 5.2366 GBP 5.2380 GBP 5.2418 GBP 5.2448 GBP 5.2931 GBP 5.3168 GBP 5.3193 GBP 5.3198 GBP 5.3243 GBP 111.9501 ZAR 113.0600 ZAR 113.1300 ZAR 113.7486 ZAR 114.1300 ZAR 114.1628 ZAR 114.3100 ZAR 114.3109 ZAR 114.3700 ZAR 114.3770 ZAR 114.5800 ZAR 114.6978 ZAR 114.9955 ZAR 115.5459 ZAR 115.5614 ZAR 115.5705 ZAR
5.1635 GBP 5.1925 GBP 5.2005 GBP 5.2499 GBP 5.2512 GBP 5.2595 GBP 5.2911 GBP 5.2965 GBP 113.8385 ZAR 114.2720 ZAR 114.2951 ZAR 114.4358 ZAR 114.8362 ZAR 114.9750 ZAR 114.9842 ZAR
5.0791 GBP 5.0792 GBP 5.0795 GBP 5.0875 GBP 5.0927 GBP 5.0993 GBP 5.1050 GBP 5.1075 GBP 5.1143 GBP 5.1246 GBP 5.1283 GBP 5.1452 GBP 5.1655 GBP 5.1727 GBP 5.1756 GBP 5.1763 GBP 5.1817 GBP 5.1952 GBP 5.2380 GBP 5.2646 GBP 5.2806 GBP 7.1389 GBP 7.1640 ZAR 7.1738 ZAR 7.2337 ZAR 113.0067 ZAR 113.9306 ZAR 114.2720 ZAR 114.3100 ZAR 114.3191 ZAR 114.4358 ZAR 114.7393 ZAR 114.9258 ZAR 114.9300 ZAR 114.9750 ZAR 114.9842 ZAR 115.4366 ZAR 115.6439 ZAR
5.0790 GBP 5.2007 GBP 5.2221 GBP 5.2696 GBP |
(c) Stock-settled derivative transactions (including options)
(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 |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | 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) |
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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: Irrevocable commitments and letters of intent should not be included. 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: | 04 February 2026 |
| Contact name: | Hetvi Shah |
| Telephone number: | 44 2034 936359 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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