27th Jan 2026 11:22
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: | 22 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 | 572,033 | 65.7700 GBP | 64.5564 GBP |
1,029 | 75.3700 EUR | 74.5600 EUR | ||
| Sale | 508,932 | 65.7914 GBP | 64.4300 GBP | |
1,343 | 75.4300 EUR | 74.5863 EUR |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
ADR | Purchase | 84 | 87.5300 USD | 87.5300 USD |
| Sale | 184 | 87.5300 USD | 87.5300 USD |
Class of relevant security | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
Ordinary | Purchase | - | - | - |
| Sale | 252 | 152.5925 AUD | 151.0200 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
Decrease Short
Increase Long
Increase Short
Opening a long position
Opening a short position
| 1,831 44 119 7,610 2,721 1,188 2,291 21,127 51,938 1,008 4,078
2,812 427 196 5,284 925 810 1,410 786 491 370 588 784 1,103 49 1,019 95 5,000 3 21,264 7,418 686 6,648 21 24 517 115 5,000 4,956 5,000 10,500 5,000 8,222 3,780
2,931 2,931 944 311 212 14,756 3,788 82 700 150 2
2,636 1,343 1,879 510 715 372 302 712 435 2,925 1,600 222 11,359 56,440 1,985 350
6 26,311 267 14,115 109 1,621 485 272 42
11,067 298 24,779 826 322 62 3,363 | 64.8629 GBP 64.8681 GBP 64.8707 GBP 64.9027 GBP 64.9045 GBP 64.9805 GBP 64.9929 GBP 65.0653 GBP 65.2448 GBP 65.3274 GBP 88.0203 GBP
64.6245 GBP 64.8034 GBP 64.8678 GBP 65.0443 GBP 65.0564 GBP 65.0842 GBP 65.0851 GBP 65.1101 GBP 65.1109 GBP 65.1156 GBP 65.1160 GBP 65.2993 GBP 65.3235 GBP 65.3388 GBP 65.3749 GBP 65.3783 GBP 65.3826 GBP 65.3950 GBP 65.4025 GBP 65.4128 GBP 65.4203 GBP 65.4808 GBP 65.5886 GBP 65.5901 GBP 65.5903 GBP 65.5906 GBP 65.5949 GBP 65.5975 GBP 65.6603 GBP 65.6605 GBP 65.6966 GBP 65.7408 GBP 65.7920 GBP
64.8808 GBP 64.8883 GBP 64.9703 GBP 64.9769 GBP 65.0249 GBP 65.1233 GBP 65.1970 GBP 65.2221 GBP 65.2334 GBP 65.2624 GBP 65.4375 GBP
64.7128 GBP 64.8549 GBP 64.8753 GBP 65.0295 GBP 65.0884 GBP 65.0991 GBP 65.1761 GBP 65.2313 GBP 65.3243 GBP 65.3657 GBP 65.4170 GBP 65.5465 GBP 65.5578 GBP 65.5600 GBP 65.6490 GBP 65.7100 GBP
64.7033 GBP 64.8600 GBP 65.0473 GBP 65.1752 GBP 65.3880 GBP 65.4768 GBP 65.4811 GBP 74.6300 EUR 75.0363 EUR
64.8599 GBP 64.8613 GBP 64.8869 GBP 65.0383 GBP 65.1706 GBP 65.5420 GBP 65.6470 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 |
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
Opening a short position | 20,340 132 1,455 9,730 3,064 94,557 20,340 604 1,000 352 1,364 21 11,935
5,457 5,830 5,457 21,384 16,616 24,000 7,554 781 1,000 11,935 56,149 20,340 | 78.3835 AUD 150.9898 AUD 151.1323 AUD 151.2211 AUD 151.2350 AUD 151.3143 AUD 151.3200 AUD 151.5564 AUD 151.8318 AUD 153.6339 AUD 154.2968 AUD 154.9806 AUD 155.3069 AUD
76.6057 AUD 76.6156 AUD 77.0680 AUD 151.0502 AUD 151.3292 AUD 151.4128 AUD 151.4136 AUD 151.4950 AUD 151.5182 AUD 151.8524 AUD 151.9246 AUD 155.0000 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
|
(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: | 27 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