30th Jan 2026 11:21
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 | Rio Tinto plc and Rio Tinto Limited |
(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, Glencore plc |
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 |
10p ordinary | Purchase | 542,126 | 70.1384 GBP | 67.9800 GBP |
235 | 80.3300 EUR | 79.9700 EUR | ||
| Sale | 1,214,852 | 70.1900 GBP | 67.9300 GBP | |
235 | 80.3300 EUR | 79.9700 EUR |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
Ordinary | Purchase | 454 | 157.0400 AUD | 157.0400 AUD |
| Sale | 1,930 | 157.0400 AUD | 157.0400 AUD |
(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 |
10p ordinary | Equity Swap | Decrease Long | 299 | 68.2021 GBP |
119 | 68.2751 GBP | |||
5 | 68.4931 GBP | |||
246 | 68.4951 GBP | |||
1,626 | 68.5446 GBP | |||
152 | 68.7338 GBP | |||
253 | 68.7830 GBP | |||
1,208 | 68.8597 GBP | |||
3,784 | 69.0935 GBP | |||
628 | 69.1452 GBP | |||
31 | 69.2669 GBP | |||
5,651 | 69.3376 GBP | |||
328 | 69.4081 GBP | |||
357 | 69.4099 GBP | |||
240 | 69.5282 GBP | |||
154 | 69.5292 GBP | |||
255 | 69.5609 GBP | |||
970 | 69.5705 GBP | |||
1,454 | 69.6001 GBP | |||
9,659 | 69.6860 GBP | |||
689 | 95.1215 GBP | |||
Decrease Short | 3,214 | 68.2938 GBP | ||
4 | 68.3932 GBP | |||
27,173 | 68.4558 GBP | |||
3,922 | 68.4698 GBP | |||
4 | 68.4832 GBP | |||
24,112 | 68.4900 GBP | |||
4,055 | 68.5817 GBP | |||
3,670 | 68.5965 GBP | |||
1,033 | 68.6860 GBP | |||
424 | 68.9415 GBP | |||
227 | 69.0173 GBP | |||
4,265 | 69.0507 GBP | |||
1,760 | 69.0712 GBP | |||
12 | 69.2379 GBP | |||
40 | 69.3650 GBP | |||
220 | 69.3738 GBP | |||
541 | 69.3767 GBP | |||
38,114 | 69.3827 GBP | |||
1,054 | 69.4276 GBP | |||
1,446 | 69.5107 GBP | |||
3,997 | 69.6699 GBP | |||
7,201 | 69.8381 GBP | |||
1,282 | 69.9462 GBP | |||
Increase Long | 5,225 | 68.3995 GBP | ||
11,679 | 68.4299 GBP | |||
152 | 68.4814 GBP | |||
1,819 | 68.4869 GBP | |||
472 | 68.8055 GBP | |||
1,770 | 69.0886 GBP | |||
6,457 | 69.1668 GBP | |||
238,100 | 69.1752 GBP | |||
663 | 69.2818 GBP | |||
32,030 | 69.4778 GBP | |||
9 | 69.5000 GBP | |||
47,909 | 69.7654 GBP | |||
Increase Short | 44 | 67.9868 GBP | ||
1,871 | 68.2215 GBP | |||
43,875 | 68.4900 GBP | |||
2,032 | 68.8249 GBP | |||
461 | 68.9687 GBP | |||
99 | 69.1970 GBP | |||
858 | 69.2257 GBP | |||
2,433 | 69.3374 GBP | |||
184 | 69.5010 GBP | |||
299 | 69.5614 GBP | |||
531 | 69.7982 GBP | |||
14,440 | 69.9784 GBP | |||
Opening a long position | 31,597 | 68.8876 GBP | ||
1,260 | 68.9709 GBP | |||
Opening a short position | 1,002 | 68.9290 GBP |
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 | Equity Swap | Opening a long position | 196 | 110.4180 AUD |
1 | 152.0100 AUD | |||
29 | 153.4877 AUD | |||
377 | 154.9194 AUD | |||
111,997 | 155.5624 AUD | |||
793 | 156.3953 AUD | |||
2,254 | 156.7076 AUD | |||
1,123 | 157.0007 AUD | |||
32 | 157.0213 AUD | |||
Opening a short position | 5,493 | 78.2669 AUD | ||
9,262 | 80.1795 AUD | |||
5,457 | 80.3149 AUD | |||
2,928 | 152.3162 AUD | |||
13,807 | 153.7236 AUD | |||
10,262 | 154.2136 AUD | |||
9,843 | 156.5592 AUD |
(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
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(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
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| Date of disclosure: | 30 January 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:
Rio Tinto