3rd May 2013 10:37
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 Xstrata PLC |
(c) Name of the party to the offer with which exempt principal trader is connected:
| Glencore Xstrata PLC |
(d) Date dealing undertaken: | 02 MAY 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 | 6,969,802 | 3.3540 GBP | 3.1100 GBP |
USD 0.01 ordinary | SALES | 7,452,498 | 3.3555 GBP | 3.1100 GBP |
USD 0.01 ordinary | PURCHASES | 381,200 | 5.0000 USD | 5.0000 USD |
5% guaranteed convertible bonds due December 2014 | PURCHASES | 2,000,000 | 116.6000 USD | 116.6000 USD |
5% guaranteed convertible bonds due December 2014 | SALES | 5,000,000 | 115.4000 USD | 115.4000 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 | 5,892 | 3.7327 GBP |
USD 0.01 ordinary | CFD | LONG | 5,892 | 3.7327 GBP |
USD 0.01 ordinary | CFD | LONG | 2,806 | 3.8194 GBP |
USD 0.01 ordinary | CFD | LONG | 2,806 | 3.8194 GBP |
USD 0.01 ordinary | CFD | LONG | 2,806 | 3.8194 GBP |
USD 0.01 ordinary | CFD | LONG | 4,282 | 3.8196 GBP |
USD 0.01 ordinary | CFD | LONG | 4,282 | 3.8196 GBP |
USD 0.01 ordinary | CFD | LONG | 4,282 | 3.8196 GBP |
USD 0.01 ordinary | CFD | LONG | 5,892 | 3.8254 GBP |
USD 0.01 ordinary | CFD | LONG | 38,735 | 0.0000 GBP |
USD 0.01 ordinary | CFD | LONG | 22,021 | 0.0000 GBP |
USD 0.01 ordinary | CFD | LONG | 139,527 | 0.4002 GBP |
USD 0.01 ordinary | CFD | LONG | 127,522 | 0.4002 GBP |
USD 0.01 ordinary | CFD | LONG | 38,486 | 1.2706 GBP |
USD 0.01 ordinary | CFD | LONG | 3,665,800 | 1.8141 GBP |
USD 0.01 ordinary | CFD | LONG | 19,737 | 3.0328 GBP |
USD 0.01 ordinary | CFD | LONG | 136,275 | 3.1101 GBP |
USD 0.01 ordinary | CFD | LONG | 13,725 | 3.1101 GBP |
USD 0.01 ordinary | CFD | LONG | 55,083 | 3.1267 GBP |
USD 0.01 ordinary | CFD | LONG | 25,000 | 3.1416 GBP |
USD 0.01 ordinary | CFD | LONG | 14,284 | 3.1559 GBP |
USD 0.01 ordinary | CFD | LONG | 36,395 | 3.1577 GBP |
USD 0.01 ordinary | CFD | LONG | 2,080,136 | 3.1579 GBP |
USD 0.01 ordinary | CFD | LONG | 30,484 | 3.1590 GBP |
USD 0.01 ordinary | CFD | LONG | 23,470 | 3.1590 GBP |
USD 0.01 ordinary | CFD | LONG | 4,581 | 3.1590 GBP |
USD 0.01 ordinary | CFD | LONG | 7,011 | 3.1594 GBP |
USD 0.01 ordinary | CFD | LONG | 5,352 | 3.1594 GBP |
USD 0.01 ordinary | CFD | LONG | 6,154 | 3.1594 GBP |
USD 0.01 ordinary | CFD | LONG | 33 | 3.2118 GBP |
USD 0.01 ordinary | CFD | LONG | 25,937 | 3.2248 GBP |
USD 0.01 ordinary | CFD | LONG | 103,352 | 3.2248 GBP |
USD 0.01 ordinary | CFD | LONG | 3,800 | 3.2347 GBP |
USD 0.01 ordinary | CFD | LONG | 134,029 | 3.2487 GBP |
USD 0.01 ordinary | CFD | LONG | 88,172 | 3.2640 GBP |
USD 0.01 ordinary | CFD | LONG | 252,444 | 3.2640 GBP |
USD 0.01 ordinary | CFD | LONG | 99,200 | 3.2811 GBP |
USD 0.01 ordinary | CFD | LONG | 1,185 | 3.2935 GBP |
USD 0.01 ordinary | CFD | LONG | 1 | 3.2935 GBP |
USD 0.01 ordinary | CFD | LONG | 6,924 | 3.2935 GBP |
USD 0.01 ordinary | CFD | LONG | 1,123 | 3.2935 GBP |
USD 0.01 ordinary | CFD | LONG | 114,637 | 3.3030 GBP |
USD 0.01 ordinary | CFD | LONG | 109,564 | 3.3051 GBP |
USD 0.01 ordinary | CFD | LONG | 31,258 | 3.3051 GBP |
USD 0.01 ordinary | CFD | LONG | 7,379 | 3.3079 GBP |
USD 0.01 ordinary | CFD | LONG | 200,000 | 3.3093 GBP |
USD 0.01 ordinary | CFD | LONG | 300,000 | 3.3093 GBP |
USD 0.01 ordinary | CFD | LONG | 500,000 | 3.3093 GBP |
USD 0.01 ordinary | CFD | LONG | 66,623 | 3.3097 GBP |
USD 0.01 ordinary | CFD | LONG | 118,057 | 3.3120 GBP |
USD 0.01 ordinary | CFD | LONG | 10,740 | 3.3144 GBP |
USD 0.01 ordinary | CFD | LONG | 5,500 | 3.3148 GBP |
USD 0.01 ordinary | CFD | LONG | 13,600 | 3.3263 GBP |
USD 0.01 ordinary | CFD | LONG | 73,900 | 3.3307 GBP |
USD 0.01 ordinary | CFD | LONG | 90,755 | 3.4910 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,340 | 0.0000 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,001,289 | 0.0022 GBP |
USD 0.01 ordinary | CFD | SHORT | 214,064 | 0.1542 GBP |
USD 0.01 ordinary | CFD | SHORT | 289,112 | 0.2653 GBP |
USD 0.01 ordinary | CFD | SHORT | 127,522 | 0.4956 GBP |
USD 0.01 ordinary | CFD | SHORT | 266,368 | 0.4956 GBP |
USD 0.01 ordinary | CFD | SHORT | 78,250 | 0.6247 GBP |
USD 0.01 ordinary | CFD | SHORT | 5,590,081 | 0.7008 GBP |
USD 0.01 ordinary | CFD | SHORT | 876,321 | 1.9986 GBP |
USD 0.01 ordinary | CFD | SHORT | 8,735,302 | 3.1093 GBP |
USD 0.01 ordinary | CFD | SHORT | 316,854 | 3.1093 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,575 | 3.1205 GBP |
USD 0.01 ordinary | CFD | SHORT | 45,425 | 3.1205 GBP |
USD 0.01 ordinary | CFD | SHORT | 82,080 | 3.1264 GBP |
USD 0.01 ordinary | CFD | SHORT | 95,178 | 3.1305 GBP |
USD 0.01 ordinary | CFD | SHORT | 47,253 | 3.1305 GBP |
USD 0.01 ordinary | CFD | SHORT | 23,431 | 3.1347 GBP |
USD 0.01 ordinary | CFD | SHORT | 24,922 | 3.1362 GBP |
USD 0.01 ordinary | CFD | SHORT | 25,000 | 3.1383 GBP |
USD 0.01 ordinary | CFD | SHORT | 81,928 | 3.1502 GBP |
USD 0.01 ordinary | CFD | SHORT | 46,193 | 3.1556 GBP |
USD 0.01 ordinary | CFD | SHORT | 165,981 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 36,001 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 3,031,881 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 714,014 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 978,119 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 796,040 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 36,779 | 3.1590 GBP |
USD 0.01 ordinary | CFD | SHORT | 25,302 | 3.1591 GBP |
USD 0.01 ordinary | CFD | SHORT | 50,000 | 3.1596 GBP |
USD 0.01 ordinary | CFD | SHORT | 146,400 | 3.1615 GBP |
USD 0.01 ordinary | CFD | SHORT | 23,472 | 3.1683 GBP |
USD 0.01 ordinary | CFD | SHORT | 221,326 | 3.1841 GBP |
USD 0.01 ordinary | CFD | SHORT | 3,900 | 3.1902 GBP |
USD 0.01 ordinary | CFD | SHORT | 190,066 | 3.1907 GBP |
USD 0.01 ordinary | CFD | SHORT | 56,208 | 3.1911 GBP |
USD 0.01 ordinary | CFD | SHORT | 49,244 | 3.1934 GBP |
USD 0.01 ordinary | CFD | SHORT | 76,240 | 3.1955 GBP |
USD 0.01 ordinary | CFD | SHORT | 50,126 | 3.2213 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,431,775 | 3.2297 GBP |
USD 0.01 ordinary | CFD | SHORT | 11 | 3.2755 GBP |
USD 0.01 ordinary | CFD | SHORT | 1 | 3.2755 GBP |
USD 0.01 ordinary | CFD | SHORT | 1 | 3.2755 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,486,021 | 3.2788 GBP |
USD 0.01 ordinary | CFD | SHORT | 2,228,994 | 3.2788 GBP |
USD 0.01 ordinary | CFD | SHORT | 795,936 | 3.2844 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,869,277 | 3.2844 GBP |
USD 0.01 ordinary | CFD | SHORT | 5,639 | 3.2845 GBP |
USD 0.01 ordinary | CFD | SHORT | 8,950 | 3.2897 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,026,000 | 3.2950 GBP |
USD 0.01 ordinary | CFD | SHORT | 300 | 3.2950 GBP |
USD 0.01 ordinary | CFD | SHORT | 348,250 | 3.2950 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,050 | 3.2957 GBP |
USD 0.01 ordinary | CFD | SHORT | 4,258 | 3.2960 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,881,223 | 3.3038 GBP |
USD 0.01 ordinary | CFD | SHORT | 5,500 | 3.3115 GBP |
USD 0.01 ordinary | CFD | SHORT | 2,396 | 3.3115 GBP |
USD 0.01 ordinary | CFD | SHORT | 123,500 | 3.3142 GBP |
USD 0.01 ordinary | CFD | SHORT | 262,336 | 3.3678 GBP |
USD 0.01 ordinary | CFD | SHORT | 6,581,399 | 3.3956 GBP |
USD 0.01 ordinary | CFD | SHORT | 308,882 | 3.3961 GBP |
USD 0.01 ordinary | CFD | SHORT | 211,685 | 3.4241 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,745,270 | 3.4281 GBP |
USD 0.01 ordinary | CFD | SHORT | 43,753,413 | 3.4281 GBP |
USD 0.01 ordinary | CFD | SHORT | 274,500 | 3.4371 GBP |
USD 0.01 ordinary | CFD | SHORT | 896,529 | 3.4558 GBP |
USD 0.01 ordinary | CFD | SHORT | 122,033 | 3.4714 GBP |
USD 0.01 ordinary | CFD | SHORT | 2,447,292 | 3.4922 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,886,842 | 3.4929 GBP |
USD 0.01 ordinary | CFD | SHORT | 474,506 | 3.5758 GBP |
USD 0.01 ordinary | CFD | SHORT | 2,144,354 | 3.5824 GBP |
USD 0.01 ordinary | CFD | SHORT | 1,920,194 | 3.5824 GBP |
USD 0.01 ordinary | CFD | SHORT | 141,617 | 3.5961 GBP |
USD 0.01 ordinary | CFD | SHORT | 356,182 | 3.6106 GBP |
USD 0.01 ordinary | CFD | SHORT | 299,998 | 3.7964 GBP |
USD 0.01 ordinary | CFD | SHORT | 522,680 | 3.8187 GBP |
USD 0.01 ordinary | CFD | SHORT | 73,900 | 3.8187 GBP |
USD 0.01 ordinary | CFD | SHORT | 649,262 | 3.8520 GBP |
USD 0.01 ordinary | CFD | LONG | 106,750 | 4.8932 GBP |
USD 0.01 ordinary | CFD | LONG | 28,975 | 4.8932 GBP |
USD 0.01 ordinary | CFD | LONG | 141,825 | 4.8932 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 |
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: | 03 MAY 2013 |
| Contact name: | Darren Wickert |
| Telephone number: | +44 (0)20 7425 6578 |
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