18th Jun 2012 11:38
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: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | GLENCORE INTERNATIONAL PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | XSTRATA PLC |
(d) Date dealing undertaken: | 15 June 2012 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | YES - disclosed previously for XSTRATA PLC |
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 | 16,028,46812,660 | 3.5248 GBP52.5713 HKD | 3.4045 GBP41.4167 HKD |
USD 0.01 ordinary | Sales | 31,796,07612,660148,400 | 4.2000 GBP52.5713 HKD5.2700 USD | 3.1244 GBP41.4000 HKD5.2700 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 | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 3,397 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 66 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 79,000 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 39,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 175 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 10,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 3,160 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 15,800 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 10,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 2,789 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 3,575 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 13,448 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 39,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 248 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 10,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 658 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 21,000 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 39,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 395,000 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 115,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 105,000 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 19,750 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 840 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 4,200 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 5,250 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 903 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 434,500 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 741 | 3.3987 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 50,000 | 3.4021 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 79,500 | 3.4028 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 40,000 | 3.4038 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 55,000 | 3.4038 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 300,000 | 3.4039 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 276,000 | 3.4042 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 120,000 | 3.4042 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 276,000 | 3.4042 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 288,000 | 3.4042 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 120,000 | 3.4042 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 120,000 | 3.4042 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 11,341 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,396,697 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 7,059 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 70,000 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 8,135 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 99,568 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 92,663 | 3.4045 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 73,719 | 3.4048 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 36,096 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 91,681 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 41,044 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 17,815 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 142,003 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 53,669 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 169,463 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 183,362 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 175,278 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 196,741 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 104,608 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 72,896 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 137,638 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 140,000 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 20,000 | 3.4113 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 92,915 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 167,722 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 68,358 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 244,966 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 82,097 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 77,399 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 281,010 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 187,320 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 210,735 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 169,773 | 3.4140 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 288,787 | 3.4165 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 177,761 | 3.4246 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 450,000 | 3.4337 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 300,000 | 3.4337 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 19,368 | 3.4384 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 1,144,710 | 3.4418 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 50,000 | 3.4497 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 59,040 | 3.4534 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 40,960 | 3.4534 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 7,481 | 3.4557 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 687 | 3.4557 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 177,761 | 3.4591 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 67,239 | 3.4591 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 2,869 | 3.4632 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 60,000 | 3.4633 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 40,000 | 3.4656 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 918,000 | 3.4656 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 15,328 | 3.4661 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 40,960 | 3.4690 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 59,040 | 3.4690 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 1,722 | 3.4692 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 12,300 | 3.4746 GBP |
USD 0.01 ordinary | CFD | Reducing a short position | 24,000 | 3.4746 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 55,000 | 3.4761 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 197,500 | 3.4909 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 52,500 | 3.4909 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 25,000 | 3.4912 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 1,348 | 3.4912 GBP |
USD 0.01 ordinary | CFD | Closing a short position | 48,652 | 3.4912 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 59,040 | 3.4963 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 40,960 | 3.4963 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 395,000 | 3.4994 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 105,000 | 3.4994 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 88,787 | 3.5037 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 197,500 | 3.5073 GBP |
USD 0.01 ordinary | CFD | Reducing a long position | 52,500 | 3.5073 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 350,000 | 3.5165 GBP |
USD 0.01 ordinary | CFD | Opening a long position | 350,000 | 3.5165 GBP |
USD 0.01 ordinary | CFD | Opening a short position | 50,000 | 3.5197 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 84,000 | 3.4028 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 840,000 | 3.4028 GBP |
USD 0.01 ordinary | SWAP | Increasing a short position | 11,043 | 3.4055 GBP |
USD 0.01 ordinary | SWAP | Increasing a short position | 19,459 | 3.4055 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 500,000 | 3.4500 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 1,000,000 | 3.4500 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 1,000,000 | 3.4540 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 1,500,000 | 3.4540 GBP |
USD 0.01 ordinary | SWAP | Reducing a short position | 2,286,690 | 3.4540 GBP |
USD 0.01 ordinary | SWAP | Opening a short position | 15,251 | 3.4705 GBP |
USD 0.01 ordinary | SWAP | Increasing a long position | 250,000 | 3.4723 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 3,500 | 3.4754 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 6,500 | 3.4763 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 13,500 | 3.4763 GBP |
USD 0.01 ordinary | SWAP | Reducing a long position | 100,000 | 3.5093 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 101,908 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 65,600 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 62,061 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 72,319 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 617,782 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 403,691 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 477,794 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 131,402 | 3.5109 GBP |
USD 0.01 ordinary | SWAP | Opening a long position | 126,118 | 5.3982 USD |
(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 |
Warrant | Call Warrant | Purchasing | 10 | 4.0000 GBP | AMERICAN | 15/06/2012 | 0.0010 CHF |
Warrant | Call Warrant | Selling | 10 | 4.0000 GBP | AMERICAN | 15/06/2012 | 0.3200 CHF |
USD 0.01 ordinary | Put Option | Purchasing | 283,000 | 4.0000 GBP | EUROPEAN | 15/06/2012 | 4.0000 GBP |
USD 0.01 ordinary | Put Option | Purchasing | 374,000 | 4.0000 GBP | EUROPEAN | 15/06/2012 | 4.0000 GBP |
USD 0.01 ordinary | Put Option | Purchasing | 281,000 | 4.4000 GBP | EUROPEAN | 15/06/2012 | 4.4000 GBP |
USD 0.01 ordinary | Put Option | Purchasing | 213,000 | 4.4000 GBP | EUROPEAN | 15/06/2012 | 4.4000 GBP |
(ii) Exercising
Class of relevant security | Product description e.g. call option | 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) |
|
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: | 18 June 2012 |
| Contact name: | Audrey Malone and Darren Adam |
| Telephone number: | +44(20) 7552 3836 / +44(20) 7051 4224 |
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