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Form 8.5 - Glencore plc

17th Apr 2013 13:28

RNS Number : 5880C
BNP Paribas London
17 April 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:

16 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

3,437,597

0.00

(2) Derivatives (other than options):

 

4,291,147

0.06

6,831,138

0.10

(3)Options and agreements to purchase/sell:

0.00

0.00

30,000

0.00

 

TOTAL:

4,291,147

0.06

10,298,735

0.15

 

 

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

 

USD 0.01 ordinary shares

Purchase

154,283

3.2110

USD 0.01 ordinary shares

Purchase

396

3.2145

USD 0.01 ordinary shares

Purchase

1,251

3.2150

USD 0.01 ordinary shares

Purchase

606

3.2160

USD 0.01 ordinary shares

Purchase

706

3.2165

USD 0.01 ordinary shares

Purchase

118

3.2175

USD 0.01 ordinary shares

Purchase

7

3.2185

USD 0.01 ordinary shares

Purchase

908

3.2210

USD 0.01 ordinary shares

Purchase

111

3.2215

USD 0.01 ordinary shares

Purchase

129

3.2225

USD 0.01 ordinary shares

Purchase

6,404

3.2251

USD 0.01 ordinary shares

Purchase

20,000

3.2510

USD 0.01 ordinary shares

Purchase

1,434

3.2515

USD 0.01 ordinary shares

Purchase

1,403

3.2520

USD 0.01 ordinary shares

Purchase

21

3.2535

USD 0.01 ordinary shares

Purchase

4,888

3.2540

USD 0.01 ordinary shares

Purchase

1,693

3.2560

USD 0.01 ordinary shares

Purchase

240

3.2585

USD 0.01 ordinary shares

Purchase

758

3.2595

USD 0.01 ordinary shares

Purchase

1,529

3.2605

USD 0.01 ordinary shares

Purchase

711

3.2620

USD 0.01 ordinary shares

Purchase

797

3.2635

USD 0.01 ordinary shares

Purchase

109

3.2645

USD 0.01 ordinary shares

Purchase

4,516

3.2740

USD 0.01 ordinary shares

Purchase

2,807

3.2760

USD 0.01 ordinary shares

Purchase

3,744

3.2770

USD 0.01 ordinary shares

Purchase

1,309

3.2785

USD 0.01 ordinary shares

Purchase

504

3.2830

USD 0.01 ordinary shares

Purchase

1,622

3.2840

USD 0.01 ordinary shares

Purchase

998

3.2920

USD 0.01 ordinary shares

Purchase

314

3.2930

USD 0.01 ordinary shares

Purchase

102

3.2960

USD 0.01 ordinary shares

Purchase

102

3.2965

USD 0.01 ordinary shares

Purchase

1,008

3.2980

USD 0.01 ordinary shares

Purchase

23

3.2995

USD 0.01 ordinary shares

Purchase

24

3.3000

USD 0.01 ordinary shares

Purchase

1,351

3.3040

USD 0.01 ordinary shares

Purchase

187

3.3050

USD 0.01 ordinary shares

Purchase

2,943

3.3145

USD 0.01 ordinary shares

Purchase

888

3.3160

USD 0.01 ordinary shares

Purchase

1,603

3.3235

USD 0.01 ordinary shares

Purchase

1,670

3.3240

USD 0.01 ordinary shares

Purchase

1,377

3.3250

USD 0.01 ordinary shares

Purchase

1,029

3.3255

USD 0.01 ordinary shares

Purchase

122

3.3260

USD 0.01 ordinary shares

Purchase

6

3.3270

USD 0.01 ordinary shares

Purchase

12

3.3275

USD 0.01 ordinary shares

Purchase

20

3.3280

USD 0.01 ordinary shares

Purchase

1,116

3.3290

USD 0.01 ordinary shares

Purchase

281

3.3295

USD 0.01 ordinary shares

Purchase

76

3.3300

USD 0.01 ordinary shares

Purchase

88

3.3305

USD 0.01 ordinary shares

Purchase

11

3.3310

USD 0.01 ordinary shares

Purchase

83,148

3.3333

USD 0.01 ordinary shares

Purchase

73

3.3385

USD 0.01 ordinary shares

Purchase

1,173

3.3390

USD 0.01 ordinary shares

Purchase

556

3.3400

USD 0.01 ordinary shares

Purchase

43

3.3425

USD 0.01 ordinary shares

Purchase

43

3.3430

USD 0.01 ordinary shares

Purchase

7,405

3.3435

USD 0.01 ordinary shares

Purchase

531

3.3440

USD 0.01 ordinary shares

Purchase

1,267

3.3455

USD 0.01 ordinary shares

Purchase

244

3.3465

USD 0.01 ordinary shares

Purchase

54

3.3470

USD 0.01 ordinary shares

Purchase

511

3.3475

USD 0.01 ordinary shares

Purchase

1,159

3.3480

USD 0.01 ordinary shares

Purchase

123

3.3485

USD 0.01 ordinary shares

Purchase

182

3.3495

USD 0.01 ordinary shares

Purchase

914

3.3500

USD 0.01 ordinary shares

Purchase

16

3.3505

USD 0.01 ordinary shares

Purchase

201

3.3515

USD 0.01 ordinary shares

Purchase

795

3.3520

USD 0.01 ordinary shares

Purchase

152

3.3525

USD 0.01 ordinary shares

Purchase

18

3.3530

USD 0.01 ordinary shares

Purchase

1,199

3.3690

USD 0.01 ordinary shares

Purchase

1,830

3.3695

USD 0.01 ordinary shares

Purchase

4,060

3.3700

USD 0.01 ordinary shares

Purchase

653

3.3705

USD 0.01 ordinary shares

Purchase

1,093

3.3710

USD 0.01 ordinary shares

Purchase

300

3.3720

USD 0.01 ordinary shares

Purchase

8,368

3.3725

USD 0.01 ordinary shares

Purchase

3,105

3.3730

USD 0.01 ordinary shares

Purchase

1,382

3.3735

USD 0.01 ordinary shares

Purchase

700

3.3740

USD 0.01 ordinary shares

Purchase

574

3.3745

USD 0.01 ordinary shares

Purchase

253

3.3790

USD 0.01 ordinary shares

Purchase

47

3.3796

USD 0.01 ordinary shares

Purchase

267

3.3805

USD 0.01 ordinary shares

Purchase

2,214

3.3810

USD 0.01 ordinary shares

Purchase

300

3.3815

USD 0.01 ordinary shares

Purchase

300

3.3820

USD 0.01 ordinary shares

Purchase

300

3.3825

USD 0.01 ordinary shares

Purchase

1,700

3.3835

USD 0.01 ordinary shares

Purchase

2,800

3.3840

 

Total:

358,408

USD 0.01 ordinary shares

Sale

111

3.2050

USD 0.01 ordinary shares

Sale

4,789

3.2060

USD 0.01 ordinary shares

Sale

1,906

3.2170

USD 0.01 ordinary shares

Sale

100,502

3.2510

USD 0.01 ordinary shares

Sale

2,000

3.2515

USD 0.01 ordinary shares

Sale

379

3.2530

USD 0.01 ordinary shares

Sale

1,821

3.2535

USD 0.01 ordinary shares

Sale

7,414

3.2550

USD 0.01 ordinary shares

Sale

3,057

3.2555

USD 0.01 ordinary shares

Sale

4,992

3.2575

USD 0.01 ordinary shares

Sale

504

3.2590

USD 0.01 ordinary shares

Sale

5,169

3.2600

USD 0.01 ordinary shares

Sale

1,308

3.2605

USD 0.01 ordinary shares

Sale

2,049,600

3.2630

USD 0.01 ordinary shares

Sale

6,682

3.2640

USD 0.01 ordinary shares

Sale

400

3.2650

USD 0.01 ordinary shares

Sale

2,496

3.2655

USD 0.01 ordinary shares

Sale

19

3.2663

USD 0.01 ordinary shares

Sale

4,105

3.2670

USD 0.01 ordinary shares

Sale

3,294

3.2675

USD 0.01 ordinary shares

Sale

2,395

3.2680

USD 0.01 ordinary shares

Sale

1,607

3.2685

USD 0.01 ordinary shares

Sale

4,991

3.2690

USD 0.01 ordinary shares

Sale

7,852

3.2695

USD 0.01 ordinary shares

Sale

3,208

3.2700

USD 0.01 ordinary shares

Sale

2,683

3.2705

USD 0.01 ordinary shares

Sale

4,503

3.2710

USD 0.01 ordinary shares

Sale

9,411

3.2715

USD 0.01 ordinary shares

Sale

2,328

3.2720

USD 0.01 ordinary shares

Sale

4,462

3.2735

USD 0.01 ordinary shares

Sale

1,544

3.2740

USD 0.01 ordinary shares

Sale

382

3.2745

USD 0.01 ordinary shares

Sale

1,734

3.2750

USD 0.01 ordinary shares

Sale

2,973

3.2755

USD 0.01 ordinary shares

Sale

966

3.2775

USD 0.01 ordinary shares

Sale

179

3.2780

USD 0.01 ordinary shares

Sale

1,038

3.2795

USD 0.01 ordinary shares

Sale

1,645

3.2800

USD 0.01 ordinary shares

Sale

146

3.2810

USD 0.01 ordinary shares

Sale

752

3.2830

USD 0.01 ordinary shares

Sale

9,724

3.2840

USD 0.01 ordinary shares

Sale

267

3.2860

USD 0.01 ordinary shares

Sale

219

3.2865

USD 0.01 ordinary shares

Sale

535

3.2870

USD 0.01 ordinary shares

Sale

969

3.2875

USD 0.01 ordinary shares

Sale

2,206

3.2890

USD 0.01 ordinary shares

Sale

232

3.2940

USD 0.01 ordinary shares

Sale

232

3.2945

USD 0.01 ordinary shares

Sale

228

3.2965

USD 0.01 ordinary shares

Sale

1,351

3.2990

USD 0.01 ordinary shares

Sale

1,344

3.3000

USD 0.01 ordinary shares

Sale

1,595

3.3025

USD 0.01 ordinary shares

Sale

1,008

3.3030

USD 0.01 ordinary shares

Sale

953

3.3040

USD 0.01 ordinary shares

Sale

1,008

3.3045

USD 0.01 ordinary shares

Sale

4,451

3.3050

USD 0.01 ordinary shares

Sale

802

3.3060

USD 0.01 ordinary shares

Sale

1,390

3.3070

USD 0.01 ordinary shares

Sale

187

3.3075

USD 0.01 ordinary shares

Sale

862

3.3080

USD 0.01 ordinary shares

Sale

4,563

3.3090

USD 0.01 ordinary shares

Sale

1,029

3.3095

USD 0.01 ordinary shares

Sale

3,523

3.3100

USD 0.01 ordinary shares

Sale

900

3.3105

USD 0.01 ordinary shares

Sale

1,361

3.3110

USD 0.01 ordinary shares

Sale

1,595

3.3120

USD 0.01 ordinary shares

Sale

7,198

3.3135

USD 0.01 ordinary shares

Sale

4,036

3.3150

USD 0.01 ordinary shares

Sale

2,915

3.3155

USD 0.01 ordinary shares

Sale

5,338

3.3160

USD 0.01 ordinary shares

Sale

14,936

3.3165

USD 0.01 ordinary shares

Sale

12,246

3.3170

USD 0.01 ordinary shares

Sale

8,590

3.3175

USD 0.01 ordinary shares

Sale

7,709

3.3180

USD 0.01 ordinary shares

Sale

6,659

3.3185

USD 0.01 ordinary shares

Sale

12,051

3.3190

USD 0.01 ordinary shares

Sale

6,621

3.3195

USD 0.01 ordinary shares

Sale

6,359

3.3200

USD 0.01 ordinary shares

Sale

1,987

3.3205

USD 0.01 ordinary shares

Sale

1,733

3.3215

USD 0.01 ordinary shares

Sale

24,676

3.3220

USD 0.01 ordinary shares

Sale

13

3.3223

USD 0.01 ordinary shares

Sale

16,459

3.3225

USD 0.01 ordinary shares

Sale

6,750

3.3230

USD 0.01 ordinary shares

Sale

5,320

3.3235

USD 0.01 ordinary shares

Sale

4,783

3.3240

USD 0.01 ordinary shares

Sale

4,639

3.3245

USD 0.01 ordinary shares

Sale

1,581

3.3255

USD 0.01 ordinary shares

Sale

1,005

3.3260

USD 0.01 ordinary shares

Sale

92,427

3.3296

USD 0.01 ordinary shares

Sale

1,270

3.3305

USD 0.01 ordinary shares

Sale

1,364

3.3325

USD 0.01 ordinary shares

Sale

1,151

3.3355

USD 0.01 ordinary shares

Sale

816

3.3360

USD 0.01 ordinary shares

Sale

567

3.3365

USD 0.01 ordinary shares

Sale

745

3.3375

USD 0.01 ordinary shares

Sale

1,515

3.3380

USD 0.01 ordinary shares

Sale

10,704

3.3390

USD 0.01 ordinary shares

Sale

1,636

3.3395

USD 0.01 ordinary shares

Sale

109

3.3400

USD 0.01 ordinary shares

Sale

1,053

3.3405

USD 0.01 ordinary shares

Sale

2,459

3.3410

USD 0.01 ordinary shares

Sale

88

3.3415

USD 0.01 ordinary shares

Sale

1,305

3.3420

USD 0.01 ordinary shares

Sale

100

3.3425

USD 0.01 ordinary shares

Sale

1,480

3.3430

USD 0.01 ordinary shares

Sale

300

3.3435

USD 0.01 ordinary shares

Sale

300

3.3440

USD 0.01 ordinary shares

Sale

1,110

3.3450

USD 0.01 ordinary shares

Sale

1,296

3.3455

USD 0.01 ordinary shares

Sale

2,961

3.3460

USD 0.01 ordinary shares

Sale

256

3.3465

USD 0.01 ordinary shares

Sale

401

3.3470

USD 0.01 ordinary shares

Sale

636

3.3490

USD 0.01 ordinary shares

Sale

461

3.3505

USD 0.01 ordinary shares

Sale

230

3.3510

USD 0.01 ordinary shares

Sale

674

3.3525

USD 0.01 ordinary shares

Sale

948

3.3530

USD 0.01 ordinary shares

Sale

670

3.3535

USD 0.01 ordinary shares

Sale

791,038

3.3571

USD 0.01 ordinary shares

Sale

910

3.3595

USD 0.01 ordinary shares

Sale

1,904

3.3600

USD 0.01 ordinary shares

Sale

979

3.3620

USD 0.01 ordinary shares

Sale

436

3.3630

USD 0.01 ordinary shares

Sale

527

3.3640

USD 0.01 ordinary shares

Sale

909

3.3700

USD 0.01 ordinary shares

Sale

7,824

3.3715

USD 0.01 ordinary shares

Sale

1,292

3.3725

USD 0.01 ordinary shares

Sale

8,903

3.3730

USD 0.01 ordinary shares

Sale

429

3.3740

USD 0.01 ordinary shares

Sale

2,442

3.3745

USD 0.01 ordinary shares

Sale

664

3.3750

USD 0.01 ordinary shares

Sale

5,555

3.3755

USD 0.01 ordinary shares

Sale

1,413

3.3760

USD 0.01 ordinary shares

Sale

693

3.3775

USD 0.01 ordinary shares

Sale

2,881

3.3780

USD 0.01 ordinary shares

Sale

300

3.3791

USD 0.01 ordinary shares

Sale

20,000

3.3795

USD 0.01 ordinary shares

Sale

1,967

3.3800

USD 0.01 ordinary shares

Sale

2,285

3.3810

USD 0.01 ordinary shares

Sale

26

3.3825

USD 0.01 ordinary shares

Sale

7,881

3.3835

USD 0.01 ordinary shares

Sale

847

3.3875

USD 0.01 ordinary shares

Sale

1,181

3.3895

USD 0.01 ordinary shares

Sale

129

3.3900

USD 0.01 ordinary shares

Sale

102

3.3995

USD 0.01 ordinary shares

Sale

28

3.4000

 

Total:

3,454,062

 

(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

Decreasing a long position

83,148

3.3333

 

(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:

17 April 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 [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.

 

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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