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Form 8.5 REPLACEMENT Glencore International Plc

21st Nov 2012 14:30

RNS Number : 7187R
BNP Paribas London
21 November 2012
 



AMENDMENT

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:

20/11/2012

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

Yes

 

 

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:

980,842

0.01

0,00

0.00

(2) Derivatives (other than options):

368,784

0.01

6,814,281

0.10

(3)Options and agreements to purchase/sell:

6,270,000

0.09

45,000

0.00

 

TOTAL:

7,619,626

0.11

6,859,281

0.10

 

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

3,549

3.3410

USD 0.01 ordinary shares

Purchase

1,327

3.3395

USD 0.01 ordinary shares

Purchase

4,330

3.3390

USD 0.01 ordinary shares

Purchase

3,674

3.3385

USD 0.01 ordinary shares

Purchase

4,400

3.3380

USD 0.01 ordinary shares

Purchase

2,234

3.3365

USD 0.01 ordinary shares

Purchase

2,000

3.3350

USD 0.01 ordinary shares

Purchase

9,424

3.3330

USD 0.01 ordinary shares

Purchase

1,248

3.3320

USD 0.01 ordinary shares

Purchase

3,245

3.3310

USD 0.01 ordinary shares

Purchase

4,334

3.3305

USD 0.01 ordinary shares

Purchase

4,245

3.3295

USD 0.01 ordinary shares

Purchase

1,500

3.3275

USD 0.01 ordinary shares

Purchase

1,516

3.3270

USD 0.01 ordinary shares

Purchase

2,390

3.3265

USD 0.01 ordinary shares

Purchase

300

3.3260

USD 0.01 ordinary shares

Purchase

3,675

3.3255

USD 0.01 ordinary shares

Purchase

1,212

3.3230

USD 0.01 ordinary shares

Purchase

1,378

3.3225

USD 0.01 ordinary shares

Purchase

900

3.3175

USD 0.01 ordinary shares

Purchase

3,989

3.3165

USD 0.01 ordinary shares

Purchase

5,000

3.3125

USD 0.01 ordinary shares

Purchase

1,800

3.3095

USD 0.01 ordinary shares

Purchase

3,388

3.3090

USD 0.01 ordinary shares

Purchase

293

3.3075

USD 0.01 ordinary shares

Purchase

41,591

3.3071

USD 0.01 ordinary shares

Purchase

449

3.3070

USD 0.01 ordinary shares

Purchase

700

3.3065

USD 0.01 ordinary shares

Purchase

1,903

3.3035

USD 0.01 ordinary shares

Purchase

1,777

3.3030

USD 0.01 ordinary shares

Purchase

2,843

3.3020

USD 0.01 ordinary shares

Purchase

4,917

3.3015

USD 0.01 ordinary shares

Purchase

1,115

3.3010

USD 0.01 ordinary shares

Purchase

390

3.3005

USD 0.01 ordinary shares

Purchase

1,786

3.3000

USD 0.01 ordinary shares

Purchase

548

3.2995

USD 0.01 ordinary shares

Purchase

326

3.2990

USD 0.01 ordinary shares

Purchase

4,253

3.2985

USD 0.01 ordinary shares

Purchase

1,500

3.2975

USD 0.01 ordinary shares

Purchase

1,296

3.2965

USD 0.01 ordinary shares

Purchase

4,094

3.2960

USD 0.01 ordinary shares

Purchase

10,095

3.2955

USD 0.01 ordinary shares

Purchase

5,620

3.2935

USD 0.01 ordinary shares

Purchase

5,668

3.2920

USD 0.01 ordinary shares

Purchase

5,000

3.2915

USD 0.01 ordinary shares

Purchase

3,513

3.2905

USD 0.01 ordinary shares

Purchase

625

3.2900

USD 0.01 ordinary shares

Purchase

8,065

3.2890

USD 0.01 ordinary shares

Purchase

2,912

3.2885

USD 0.01 ordinary shares

Purchase

900

3.2880

USD 0.01 ordinary shares

Purchase

4,062

3.2875

USD 0.01 ordinary shares

Purchase

3,224

3.2865

USD 0.01 ordinary shares

Purchase

2,100

3.2860

USD 0.01 ordinary shares

Purchase

6,372

3.2845

USD 0.01 ordinary shares

Purchase

28,133

3.2835

USD 0.01 ordinary shares

Purchase

2,782

3.2830

USD 0.01 ordinary shares

Purchase

61,226

3.2820

USD 0.01 ordinary shares

Purchase

3,274

3.2815

USD 0.01 ordinary shares

Purchase

3,478

3.2810

USD 0.01 ordinary shares

Purchase

1,374

3.2805

USD 0.01 ordinary shares

Purchase

1,412

3.2795

USD 0.01 ordinary shares

Purchase

41,090

3.2765

USD 0.01 ordinary shares

Purchase

3,775

3.2760

USD 0.01 ordinary shares

Purchase

4,580

3.2755

USD 0.01 ordinary shares

Purchase

7,303

3.2750

USD 0.01 ordinary shares

Purchase

1,434

3.2740

USD 0.01 ordinary shares

Purchase

2,859

3.2735

USD 0.01 ordinary shares

Purchase

58

3.2730

USD 0.01 ordinary shares

Purchase

9,471

3.2725

USD 0.01 ordinary shares

Purchase

99,928

3.2720

USD 0.01 ordinary shares

Purchase

119,896

3.2715

USD 0.01 ordinary shares

Purchase

13,932

3.2710

USD 0.01 ordinary shares

Purchase

14,264

3.2705

USD 0.01 ordinary shares

Purchase

52,087

3.2700

USD 0.01 ordinary shares

Purchase

15,647

3.2695

USD 0.01 ordinary shares

Purchase

12,104

3.2690

USD 0.01 ordinary shares

Purchase

13,582

3.2685

USD 0.01 ordinary shares

Purchase

23,470

3.2680

USD 0.01 ordinary shares

Purchase

12,188

3.2675

USD 0.01 ordinary shares

Purchase

15,879

3.2670

USD 0.01 ordinary shares

Purchase

2,805

3.2665

USD 0.01 ordinary shares

Purchase

2,893

3.2660

USD 0.01 ordinary shares

Purchase

8,611

3.2655

USD 0.01 ordinary shares

Purchase

30,225

3.2650

USD 0.01 ordinary shares

Purchase

1,574

3.2645

USD 0.01 ordinary shares

Purchase

2,023

3.2640

USD 0.01 ordinary shares

Purchase

5,491

3.2635

USD 0.01 ordinary shares

Purchase

4,419

3.2630

USD 0.01 ordinary shares

Purchase

9,088

3.2625

USD 0.01 ordinary shares

Purchase

1,788

3.2620

USD 0.01 ordinary shares

Purchase

945

3.2615

USD 0.01 ordinary shares

Purchase

535

3.2605

USD 0.01 ordinary shares

Purchase

111

3.2600

USD 0.01 ordinary shares

Purchase

970

3.2595

USD 0.01 ordinary shares

Purchase

1,105

3.2590

USD 0.01 ordinary shares

Purchase

6,098

3.2580

USD 0.01 ordinary shares

Purchase

136

3.2525

USD 0.01 ordinary shares

Purchase

600

3.2500

Total

843,638

USD 0.01 ordinary shares

Sales

2,201

3.3405

USD 0.01 ordinary shares

Sales

4,403

3.3400

USD 0.01 ordinary shares

Sales

7,576

3.3395

USD 0.01 ordinary shares

Sales

2,246

3.3385

USD 0.01 ordinary shares

Sales

942

3.3380

USD 0.01 ordinary shares

Sales

5,389

3.3365

USD 0.01 ordinary shares

Sales

1,917

3.3350

USD 0.01 ordinary shares

Sales

4,247

3.3345

USD 0.01 ordinary shares

Sales

4,429

3.3340

USD 0.01 ordinary shares

Sales

3,567

3.3335

USD 0.01 ordinary shares

Sales

2,345

3.3330

USD 0.01 ordinary shares

Sales

425

3.3325

USD 0.01 ordinary shares

Sales

159

3.3320

USD 0.01 ordinary shares

Sales

4,769

3.3315

USD 0.01 ordinary shares

Sales

2,492

3.3310

USD 0.01 ordinary shares

Sales

40

3.3305

USD 0.01 ordinary shares

Sales

757

3.3300

USD 0.01 ordinary shares

Sales

6,781

3.3295

USD 0.01 ordinary shares

Sales

5,409

3.3285

USD 0.01 ordinary shares

Sales

3,231

3.3275

USD 0.01 ordinary shares

Sales

6,745

3.3265

USD 0.01 ordinary shares

Sales

2,842

3.3250

USD 0.01 ordinary shares

Sales

506

3.3235

USD 0.01 ordinary shares

Sales

6,398

3.3220

USD 0.01 ordinary shares

Sales

2,721

3.3215

USD 0.01 ordinary shares

Sales

3,575

3.3190

USD 0.01 ordinary shares

Sales

1,452

3.3185

USD 0.01 ordinary shares

Sales

905

3.3180

USD 0.01 ordinary shares

Sales

309,672

3.3175

USD 0.01 ordinary shares

Sales

1,166

3.3170

USD 0.01 ordinary shares

Sales

6

3.3167

USD 0.01 ordinary shares

Sales

1,091

3.3165

USD 0.01 ordinary shares

Sales

4,340

3.3160

USD 0.01 ordinary shares

Sales

10,988

3.3155

USD 0.01 ordinary shares

Sales

7,439

3.3150

USD 0.01 ordinary shares

Sales

5,681

3.3145

USD 0.01 ordinary shares

Sales

9,707

3.3140

USD 0.01 ordinary shares

Sales

24

3.3135

USD 0.01 ordinary shares

Sales

12

3.3130

USD 0.01 ordinary shares

Sales

3,663

3.3125

USD 0.01 ordinary shares

Sales

2,819

3.3120

USD 0.01 ordinary shares

Sales

14,135

3.3115

USD 0.01 ordinary shares

Sales

11,778

3.3110

USD 0.01 ordinary shares

Sales

2,095

3.3105

USD 0.01 ordinary shares

Sales

192

3.3100

USD 0.01 ordinary shares

Sales

1,643

3.3095

USD 0.01 ordinary shares

Sales

827

3.3090

USD 0.01 ordinary shares

Sales

717

3.3080

USD 0.01 ordinary shares

Sales

498

3.3065

USD 0.01 ordinary shares

Sales

359

3.3055

USD 0.01 ordinary shares

Sales

890

3.3050

USD 0.01 ordinary shares

Sales

7,343

3.3045

USD 0.01 ordinary shares

Sales

900

3.3040

USD 0.01 ordinary shares

Sales

4,860

3.3035

USD 0.01 ordinary shares

Sales

3

3.3033

USD 0.01 ordinary shares

Sales

2,273

3.3030

USD 0.01 ordinary shares

Sales

3,548

3.3025

USD 0.01 ordinary shares

Sales

1,596

3.3020

USD 0.01 ordinary shares

Sales

935

3.3015

USD 0.01 ordinary shares

Sales

3,542

3.3005

USD 0.01 ordinary shares

Sales

4,261

3.3000

USD 0.01 ordinary shares

Sales

973

3.2995

USD 0.01 ordinary shares

Sales

12,443

3.2990

USD 0.01 ordinary shares

Sales

147

3.2985

USD 0.01 ordinary shares

Sales

1,874

3.2980

USD 0.01 ordinary shares

Sales

11,450

3.2970

USD 0.01 ordinary shares

Sales

6,846

3.2965

USD 0.01 ordinary shares

Sales

8,559

3.2960

USD 0.01 ordinary shares

Sales

12,123

3.2955

USD 0.01 ordinary shares

Sales

7,652

3.2950

USD 0.01 ordinary shares

Sales

3,750

3.2945

USD 0.01 ordinary shares

Sales

79

3.2941

USD 0.01 ordinary shares

Sales

18,446

3.2940

USD 0.01 ordinary shares

Sales

12,991

3.2935

USD 0.01 ordinary shares

Sales

2,819

3.2925

USD 0.01 ordinary shares

Sales

5,820

3.2920

USD 0.01 ordinary shares

Sales

2,002

3.2915

USD 0.01 ordinary shares

Sales

10,163

3.2910

USD 0.01 ordinary shares

Sales

7,364

3.2905

USD 0.01 ordinary shares

Sales

8,810

3.2900

USD 0.01 ordinary shares

Sales

8,353

3.2895

USD 0.01 ordinary shares

Sales

14,326

3.2890

USD 0.01 ordinary shares

Sales

1,189

3.2880

USD 0.01 ordinary shares

Sales

12,159

3.2875

USD 0.01 ordinary shares

Sales

1,558

3.2870

USD 0.01 ordinary shares

Sales

4,678

3.2865

USD 0.01 ordinary shares

Sales

2,900

3.2860

USD 0.01 ordinary shares

Sales

11,661

3.2855

USD 0.01 ordinary shares

Sales

3,626

3.2850

USD 0.01 ordinary shares

Sales

36,600

3.2836

USD 0.01 ordinary shares

Sales

3,595

3.2835

USD 0.01 ordinary shares

Sales

782

3.2825

USD 0.01 ordinary shares

Sales

6,730

3.2815

USD 0.01 ordinary shares

Sales

1,300

3.2804

USD 0.01 ordinary shares

Sales

1,874

3.2800

USD 0.01 ordinary shares

Sales

1,371

3.2780

USD 0.01 ordinary shares

Sales

1,775

3.2775

USD 0.01 ordinary shares

Sales

14

3.2771

USD 0.01 ordinary shares

Sales

11,034

3.2770

USD 0.01 ordinary shares

Sales

8,005

3.2765

USD 0.01 ordinary shares

Sales

6,473

3.2750

USD 0.01 ordinary shares

Sales

7,184

3.2740

USD 0.01 ordinary shares

Sales

4,284

3.2735

USD 0.01 ordinary shares

Sales

12,110

3.2725

USD 0.01 ordinary shares

Sales

58

3.2716

USD 0.01 ordinary shares

Sales

5,201

3.2715

USD 0.01 ordinary shares

Sales

8,943

3.2710

USD 0.01 ordinary shares

Sales

13,219

3.2705

USD 0.01 ordinary shares

Sales

239

3.2700

USD 0.01 ordinary shares

Sales

8,128

3.2695

USD 0.01 ordinary shares

Sales

6,906

3.2680

USD 0.01 ordinary shares

Sales

809

3.2675

USD 0.01 ordinary shares

Sales

4,439

3.2655

USD 0.01 ordinary shares

Sales

5,550

3.2645

USD 0.01 ordinary shares

Sales

262

3.2640

USD 0.01 ordinary shares

Sales

980

3.2620

USD 0.01 ordinary shares

Sales

430

3.2615

USD 0.01 ordinary shares

Sales

5,965

3.2610

USD 0.01 ordinary shares

Sales

3,368

3.2600

USD 0.01 ordinary shares

Sales

80

3.2590

USD 0.01 ordinary shares

Sales

80

3.2580

USD 0.01 ordinary shares

Sales

8,956

3.2570

USD 0.01 ordinary shares

Sales

3

3.2567

USD 0.01 ordinary shares

Sales

3,351

3.2555

USD 0.01 ordinary shares

Sales

7,198

3.2535

USD 0.01 ordinary shares

Sales

3

3.2533

USD 0.01 ordinary shares

Sales

2,428

3.2530

USD 0.01 ordinary shares

Sales

3,444

3.2520

Total

895,404

 

 (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

None

 

(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:

21 November 2012

Contact name:

Melanie Rayson and Rachel Burke

Telephone number:

0207 595 6908 / 0379

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

5,000

2.80

E

21/12/2012

USD 0.01 ordinary shares

Put

Buy

4,210,000

3.20

E

21/12/2012

USD 0.01 ordinary shares

Call

Buy

5,000

3.20

E

21/12/2012

USD 0.01 ordinary shares

Call

Buy

10,000

3.20

E

21/12/2012

USD 0.01 ordinary shares

Put

Buy

1,000,000

3.40

E

21/12/2012

USD 0.01 ordinary shares

Call

Buy

1,015,000

3.40

E

21/12/2012

USD 0.01 ordinary shares

Call

Buy

15,000

3.60

E

21/12/2012

USD 0.01 ordinary shares

Call

Buy

10,000

2.80

E

15/03/2013

USD 0.01 ordinary shares

Call

Sell

10,000

2.80

E

15/03/2013

USD 0.01 ordinary shares

Put

Sell

35,000

3.00

E

15/03/2013

 

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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