23rd Jan 2026 16:42
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: | 13 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 |
Rio Tinto plc 10p ordinary
Ordinary | Purchase | 465,125 | 62.4600 GBP | 61.1720 GBP |
| 664 | 71.6550 EUR | 71.5658 EUR | |
| Sale | 458,518 | 62.4115 GBP | 61.1703 GBP | |
Purchase
Sale | 636
702
2,834 | 71.5658 EUR
145.5300 AUD
146.1825 AUD
| 71.5658 EUR
145.5300 AUD
145.5300 AUD | |
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(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 |
Rio Tinto plc 10p ordinary | Equity Swap | Decrease Long | 3,469 | 61.3715 GBP |
930 | 61.5550 GBP | |||
136 | 61.5924 GBP | |||
438 | 61.5953 GBP | |||
352 | 61.6712 GBP | |||
216 | 61.6732 GBP | |||
70 | 61.6757 GBP | |||
69 | 61.7108 GBP | |||
436 | 61.7255 GBP | |||
79 | 61.7763 GBP | |||
49 | 61.7847 GBP | |||
132 | 61.7848 GBP | |||
196 | 61.7883 GBP | |||
53 | 61.7930 GBP | |||
140 | 61.7933 GBP | |||
1,238 | 61.7971 GBP | |||
2,089 | 61.8368 GBP | |||
36 | 61.8403 GBP | |||
56 | 61.8438 GBP | |||
1,006 | 61.8487 GBP | |||
617 | 61.8489 GBP | |||
2,350 | 61.8506 GBP | |||
91 | 61.8676 GBP | |||
200 | 61.8936 GBP | |||
29 | 61.9304 GBP | |||
224 | 61.9343 GBP | |||
1,260 | 61.9395 GBP | |||
17 | 61.9666 GBP | |||
3 | 62.0082 GBP | |||
1,105 | 62.0714 GBP | |||
1,690 | 62.1128 GBP | |||
7 | 62.1428 GBP | |||
2,395 | 62.1455 GBP | |||
28 | 62.1478 GBP | |||
1,023 | 62.1583 GBP | |||
144 | 62.2290 GBP | |||
28 | 71.6586 EUR | |||
Decrease Short | 115 | 61.5292 GBP | ||
565 | 61.5957 GBP | |||
12,150 | 61.6142 GBP | |||
1,567 | 61.7424 GBP | |||
1,583 | 61.8826 GBP | |||
75 | 61.8957 GBP | |||
9,110 | 61.9227 GBP | |||
1,496 | 61.9384 GBP | |||
63 | 61.9498 GBP | |||
2,052 | 61.9671 GBP | |||
3,337 | 61.9712 GBP | |||
1,149 | 62.0386 GBP | |||
73 | 62.1095 GBP | |||
58 | 62.1338 GBP | |||
18,641 | 62.1400 GBP | |||
20,784 | 62.1416 GBP | |||
49 | 62.1440 GBP | |||
1,532 | 62.1471 GBP | |||
6,077 | 62.1495 GBP | |||
396 | 62.1658 GBP | |||
928 | 62.2100 GBP | |||
61 | 62.2115 GBP | |||
155 12,210 | 62.2338 GBP 83.4997 GBP | |||
Increase Long | 66 | 61.5550 GBP | ||
12,785 | 61.7462 GBP | |||
1,772 | 61.8233 GBP | |||
2,051 | 62.0831 GBP | |||
230 | 62.1273 GBP | |||
14,118 | 62.1397 GBP | |||
Increase Short | 2,700 | 61.3094 GBP | ||
3,800 | 61.4341 GBP | |||
5,813 | 61.4700 GBP | |||
1,237 | 61.6330 GBP | |||
17 | 61.6507 GBP | |||
232 | 61.6865 GBP | |||
50 | 61.7587 GBP | |||
2,229 | 61.8351 GBP | |||
54,360 | 61.9075 GBP | |||
1,248 | 61.9369 GBP | |||
5 | 61.9910 GBP | |||
247 | 62.0029 GBP | |||
13,410 | 62.0613 GBP | |||
4,191 | 62.0647 GBP | |||
2,007 | 62.0669 GBP | |||
400 | 62.1809 GBP | |||
Opening a long position | 878 | 61.9491 GBP | ||
308 | 61.9827 GBP | |||
9,518 | 62.0346 GBP | |||
470 | 62.0846 GBP | |||
23,100 | 62.1400 GBP | |||
Opening a short position | 729 | 61.8451 GBP | ||
754 | 62.0139 GBP | |||
109 | 62.0719 GBP | |||
23,918 | 62.1400 GBP | |||
8,764 | 62.1406 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
Opening a short position | 2,600 24,259 4,214 100 587 2,600
942 767 12 2,320 506 1,338 100 10,101 868 | 72.7876 AUD 143.8866 AUD 145.5009 AUD 145.5825 AUD 146.0660 AUD 146.2966 AUD
98.0177 AUD 98.3041 AUD 144.5531 AUD 144.7947 AUD 144.8107 AUD 145.7477 AUD 145.7690 AUD 145.9244 AUD 145.9368 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: | 23 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