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Form 8.5 (Glencore International Plc)

1st May 2013 11:48

RNS Number : 7469D
BNP Paribas London
01 May 2013
 



FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS (OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

 

1. KEY INFORMATION

 

(a) Name of exempt principal trader:

BNP Paribas

(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:

Glencore International plc

(d) Date position held/dealing undertaken:

30 April 2013

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

Yes

 

 

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

 

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security:

 

USD 0.01 ordinary shares

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

0

0.00

2,261,734

0.03

(2) Derivatives (other than options):

 

3,480,311

0.05

7,035,338

0.10

(3)Options and agreements to purchase/sell:

0.00

0.00

30,000

0.00

 

TOTAL:

3,480,311

0.05

9,327,072

0.13

 

 

Class of relevant security:

 

XS0475310396

5% Guaranteed Convertible Bonds due December 2014

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

23,000

0.00

0.00

0.00

(2) Derivatives (other than options):

 

5,100,000

0.22

16,000,000

0.70

(3) Options and agreements to purchase/sell:

0.00

0.00

0.00

0.00

 

TOTAL:

5,123,000

0.22

16,000,000

0.70

 

All interests and all short positions should be disclosed.

 

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

 

(b) Rights to subscribe for new securities (including directors' and other executive options)

 

Class of relevant security in relation to which subscription right exists:

n/a

Details, including nature of the rights concerned and relevant percentages:

n/a

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

 

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

 

(a) Purchases and sales

 

Class of relevant security

Purchase/sale

 

Number of Securities

Price per unit

USD 0.01 ordinary shares

Purchase

1,756

3.1595

USD 0.01 ordinary shares

Purchase

473

3.1600

USD 0.01 ordinary shares

Purchase

131

3.1605

USD 0.01 ordinary shares

Purchase

60

3.1635

USD 0.01 ordinary shares

Purchase

3,260

3.1650

USD 0.01 ordinary shares

Purchase

413

3.1655

USD 0.01 ordinary shares

Purchase

649

3.1660

USD 0.01 ordinary shares

Purchase

878

3.1670

USD 0.01 ordinary shares

Purchase

795

3.1685

USD 0.01 ordinary shares

Purchase

967,349

3.1695

USD 0.01 ordinary shares

Purchase

1,939

3.1700

USD 0.01 ordinary shares

Purchase

1,411

3.1710

USD 0.01 ordinary shares

Purchase

2,045

3.1715

USD 0.01 ordinary shares

Purchase

3,291

3.1725

USD 0.01 ordinary shares

Purchase

7,534

3.1730

USD 0.01 ordinary shares

Purchase

6

3.1733

USD 0.01 ordinary shares

Purchase

804

3.1735

USD 0.01 ordinary shares

Purchase

5,000

3.1740

USD 0.01 ordinary shares

Purchase

7,074

3.1755

USD 0.01 ordinary shares

Purchase

2,441

3.1760

USD 0.01 ordinary shares

Purchase

151

3.1770

USD 0.01 ordinary shares

Purchase

1,045

3.1790

USD 0.01 ordinary shares

Purchase

187

3.1795

USD 0.01 ordinary shares

Purchase

20

3.1815

USD 0.01 ordinary shares

Purchase

379

3.1825

USD 0.01 ordinary shares

Purchase

1,664

3.1830

USD 0.01 ordinary shares

Purchase

1,418

3.1850

USD 0.01 ordinary shares

Purchase

7,718

3.1855

USD 0.01 ordinary shares

Purchase

936

3.1860

USD 0.01 ordinary shares

Purchase

33

3.1870

USD 0.01 ordinary shares

Purchase

872

3.1885

USD 0.01 ordinary shares

Purchase

1,678

3.1910

USD 0.01 ordinary shares

Purchase

110

3.1920

USD 0.01 ordinary shares

Purchase

88

3.1950

USD 0.01 ordinary shares

Purchase

398

3.1960

USD 0.01 ordinary shares

Purchase

684

3.1965

USD 0.01 ordinary shares

Purchase

420

3.1985

USD 0.01 ordinary shares

Purchase

370

3.2020

USD 0.01 ordinary shares

Purchase

559

3.2045

USD 0.01 ordinary shares

Purchase

522

3.2060

USD 0.01 ordinary shares

Purchase

180

3.2065

USD 0.01 ordinary shares

Purchase

1,275

3.2075

USD 0.01 ordinary shares

Purchase

200

3.2090

USD 0.01 ordinary shares

Purchase

948

3.2115

USD 0.01 ordinary shares

Purchase

281

3.2180

USD 0.01 ordinary shares

Purchase

2,100

3.2195

USD 0.01 ordinary shares

Purchase

1

3.2200

USD 0.01 ordinary shares

Purchase

43,746

3.2202

USD 0.01 ordinary shares

Purchase

197

3.2205

USD 0.01 ordinary shares

Purchase

1,038

3.2230

USD 0.01 ordinary shares

Purchase

1,496

3.2240

USD 0.01 ordinary shares

Purchase

2,822

3.2250

USD 0.01 ordinary shares

Purchase

505

3.2260

USD 0.01 ordinary shares

Purchase

9,468

3.2265

USD 0.01 ordinary shares

Purchase

1,500

3.2270

USD 0.01 ordinary shares

Purchase

10

3.2275

USD 0.01 ordinary shares

Purchase

300

3.2285

USD 0.01 ordinary shares

Purchase

100

3.2295

USD 0.01 ordinary shares

Purchase

161

3.2300

USD 0.01 ordinary shares

Purchase

900

3.2355

USD 0.01 ordinary shares

Purchase

1,480

3.2400

USD 0.01 ordinary shares

Purchase

2,520

3.2405

USD 0.01 ordinary shares

Purchase

205

3.2425

USD 0.01 ordinary shares

Purchase

204

3.2430

USD 0.01 ordinary shares

Purchase

292

3.2475

USD 0.01 ordinary shares

Purchase

609,900

3.2500

USD 0.01 ordinary shares

Purchase

272

3.2525

USD 0.01 ordinary shares

Purchase

804

3.2585

 

Total:

1,709,466

USD 0.01 ordinary shares

Sale

1,663

3.1595

USD 0.01 ordinary shares

Sale

4,348

3.1605

USD 0.01 ordinary shares

Sale

5,000

3.1615

USD 0.01 ordinary shares

Sale

433

3.1620

USD 0.01 ordinary shares

Sale

6,724

3.1625

USD 0.01 ordinary shares

Sale

8,462

3.1645

USD 0.01 ordinary shares

Sale

8,381

3.1650

USD 0.01 ordinary shares

Sale

480

3.1655

USD 0.01 ordinary shares

Sale

4,530

3.1660

USD 0.01 ordinary shares

Sale

4,168

3.1670

USD 0.01 ordinary shares

Sale

7,500

3.1690

USD 0.01 ordinary shares

Sale

150,653

3.1695

USD 0.01 ordinary shares

Sale

13,175

3.1700

USD 0.01 ordinary shares

Sale

5,000

3.1705

USD 0.01 ordinary shares

Sale

802

3.1710

USD 0.01 ordinary shares

Sale

5,000

3.1715

USD 0.01 ordinary shares

Sale

990

3.1725

USD 0.01 ordinary shares

Sale

3,648

3.1770

USD 0.01 ordinary shares

Sale

376

3.1785

USD 0.01 ordinary shares

Sale

5,000

3.1795

USD 0.01 ordinary shares

Sale

5,750

3.1810

USD 0.01 ordinary shares

Sale

3,355

3.1820

USD 0.01 ordinary shares

Sale

830

3.1865

USD 0.01 ordinary shares

Sale

5,000

3.1875

USD 0.01 ordinary shares

Sale

464

3.1910

USD 0.01 ordinary shares

Sale

914

3.1915

USD 0.01 ordinary shares

Sale

5,000

3.2005

USD 0.01 ordinary shares

Sale

1,297

3.2040

USD 0.01 ordinary shares

Sale

8

3.2045

USD 0.01 ordinary shares

Sale

13

3.2065

USD 0.01 ordinary shares

Sale

51

3.2075

USD 0.01 ordinary shares

Sale

700

3.2080

USD 0.01 ordinary shares

Sale

5,000

3.2170

USD 0.01 ordinary shares

Sale

814

3.2200

USD 0.01 ordinary shares

Sale

1,900

3.2215

USD 0.01 ordinary shares

Sale

2,822

3.2250

USD 0.01 ordinary shares

Sale

2,061

3.2295

USD 0.01 ordinary shares

Sale

2,063

3.2360

USD 0.01 ordinary shares

Sale

1,971

3.2370

USD 0.01 ordinary shares

Sale

1,322

3.2400

USD 0.01 ordinary shares

Sale

416

3.2405

 

Total:

278,084

 

(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 shares

CFD

Reducing a long

43,746

3.22

 

(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

None

 

(ii) Exercising

 

Class of relevant security

Product description

e.g. call option

Number of securities

Exercise price per unit

None

 

(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)

None

 

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 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

 

4. 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

 

(c) Attachments

 

Is a Supplemental Form 8 (Open Positions) attached?

Yes

Date of disclosure:

01 May 2013

Contact name:

Melanie Rayson / Gemma Stuart

Telephone number:

0207 595 6908 / 0207 595 5219

 

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 monitoring@disclosure.org.uk.

 

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.

 

SUPPLEMENTAL FORM 8 (OPEN POSITIONS)

 

DETAILS OF OPEN OPTION AND DERIVATIVE POSITIONS, AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

 

 

1. KEY INFORMATION

 

Identity of person whose open positions are being disclosed:

BNP Paribas

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

Glencore International plc

 

 

2. OPTIONS AND DERIVATIVES

 

Class of relevant security

Product description e.g. call option

Written or purchased

Number of securities to which option or derivative relates

Exercise price per unit

Type

e.g. American, European etc.

Expiry date

USD 0.01 ordinary shares

Put

Buy

15,000

3.40

E

21/06/2013

USD 0.01 ordinary shares

Put

Buy

15,000

3.50

E

21/06/2013

USD 0.01 ordinary shares

Future

Buy

4,000

385.85

E

21/06/2013

 

3. AGREEMENTS TO PURCHASE OR SELL ETC.

 

Full details should be given so that the nature of the interest or position can be fully understood:

 

 

 

 

 

 

It is not necessary to provide details on a Supplemental Form (Open Positions) with regard to contracts for differences ("CFDs") or spread bets.

The currency of all prices and other monetary amounts should be stated.

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.

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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