19th Jan 2026 16:34
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 | 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: | 12 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 | 854,289 | 61.3600 GBP | 60.0547 GBP |
1,875 | 70.3082 EUR | 69.8225 EUR | ||
| Sale | 708,066 | 61.3500 GBP | 60.0000 GBP | |
1,875 | 70.3082 EUR | 69.8225 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 | 48,938 | 143.0000 AUD | 142.6142 AUD |
| Sale | 693,802 | 142.6142 AUD | 141.6500 AUD | |
|
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
ADR | Purchase | 35,000 | 81.7900 USD | 81.7900 USD |
|
|
| ||
| Sale |
70,000 |
81.7900 USD |
81.7900 USD | |
(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
Ordinary | Equity Swap | Decrease Long | 1,773 | 60.0600 GBP |
3,740 | 60.1800 GBP | |||
301 | 60.5064 GBP | |||
472 | 60.5178 GBP | |||
181 | 60.5571 GBP | |||
6,131 | 60.5889 GBP | |||
633 | 60.6094 GBP | |||
815 | 60.6173 GBP | |||
54,089 | 60.6351 GBP | |||
80 | 60.6996 GBP | |||
261 | 60.7066 GBP | |||
5,427 | 60.8200 GBP | |||
19,250 | 60.8206 GBP | |||
96 | 60.8227 GBP | |||
197 | 60.8465 GBP | |||
5,291 | 60.9073 GBP | |||
30,011 | 60.9608 GBP | |||
2,529 | 60.9868 GBP | |||
3,683 | 61.0177 GBP | |||
87 | 61.0338 GBP | |||
1,158 | 61.1900 GBP | |||
26,846 | 61.3057 GBP | |||
22 | 61.3577 GBP | |||
4 | 61.3600 GBP | |||
Decrease Short | 581 | 60.4770 GBP | ||
412 | 60.4976 GBP | |||
19,032 | 60.5314 GBP | |||
25,252 | 60.5861 GBP | |||
8,119 | 60.6310 GBP | |||
581 | 60.6474 GBP | |||
131 | 60.7007 GBP | |||
1,431 | 60.7395 GBP | |||
1,709 | 60.7439 GBP | |||
87 | 60.8238 GBP | |||
1,040 | 60.9293 GBP | |||
19,491 | 61.3488 GBP | |||
Increase Long | 14 | 60.1443 GBP | ||
3,632 | 60.5594 GBP | |||
3,716 | 60.7672 GBP | |||
184 | 61.1233 GBP | |||
2,787 | 61.3021 GBP | |||
90,699 | 61.3405 GBP | |||
Increase Short | 2,300 | 60.1880 GBP | ||
908 | 60.5414 GBP | |||
1,590 | 60.5939 GBP | |||
40,455 | 60.6471 GBP | |||
2,790 | 60.8618 GBP | |||
28,061 | 60.8803 GBP | |||
33,762 | 60.9430 GBP | |||
14 | 61.0668 GBP | |||
15 | 61.1237 GBP | |||
4 | 61.1261 GBP | |||
246 | 61.1661 GBP | |||
108 | 61.2361 GBP | |||
Opening a long position | 5,757 | 60.3336 GBP | ||
6,163 | 60.5204 GBP | |||
2,838 | 60.5280 GBP | |||
333 | 60.5301 GBP | |||
9,166 | 60.5744 GBP | |||
69 | 60.5989 GBP | |||
1,211 | 60.7526 GBP | |||
1,376 | 61.0595 GBP | |||
9,513 | 61.3203 GBP | |||
Opening a short position | 61 | 60.2818 GBP | ||
427 | 60.3237 GBP | |||
9,951 | 60.3238 GBP | |||
208 | 60.5059 GBP | |||
429 | 60.7322 GBP | |||
10,797 | 60.7625 GBP | |||
10,100 | 60.7677 GBP | |||
17,424 | 60.7947 GBP | |||
4,164 | 61.1051 GBP | |||
2,887 | 61.1309 GBP | |||
6,521 | 61.3495 GBP | |||
14,246 15,435 | 61.3500 GBP 61.3512 GBP
| |||
Equity Swap | Opening a long position | 12,500 | 95.3325 AUD | |
|
| 625 | 142.4129 AUD | |
|
| 2,600 | 142.5808 AUD | |
|
| 93,261 | 142.8670 AUD | |
| Opening a short position | 21,138 | 71.1068 AUD | |
| 13,096 | 141.9712 AUD | ||
| 1,046 | 142.1446 AUD | ||
| 850 | 142.2239 AUD | ||
| 26,581 | 142.3380 AUD | ||
| 70 | 143.2971 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) |
|
|
|
|
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: | 19 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