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Form 8.5 Xstrata

18th Apr 2012 11:46

RNS Number : 5913B
BNP Paribas London
18 April 2012
 

 

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

Xstrata 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:

17/04/2012

(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 0.5 ordinary

 

 

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

6,430,245

0.21

n/a

0.00

(2) Derivatives (other than options):

n/a

n/a

1,001,931

0.03

(3) Options and agreements to purchase/sell:

1,802,000

0.06

3,227,000

0.12

 

TOTAL:

8,232, 245

0.27

4,228,931

0.15

 

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 0.5 ordinary

Purchase

353

11.31

USD 0.5 ordinary

Purchase

13933

11.30

USD 0.5 ordinary

Purchase

24095

11.29

USD 0.5 ordinary

Purchase

5635

11.28

USD 0.5 ordinary

Purchase

2037

11.27

USD 0.5 ordinary

Purchase

3083

11.26

USD 0.5 ordinary

Purchase

2171

11.24

USD 0.5 ordinary

Purchase

11339

11.23

USD 0.5 ordinary

Purchase

2073

11.22

USD 0.5 ordinary

Purchase

5300

11.21

USD 0.5 ordinary

Purchase

9644

11.20

USD 0.5 ordinary

Purchase

7913

11.19

USD 0.5 ordinary

Purchase

2846

11.18

USD 0.5 ordinary

Purchase

1392

11.17

USD 0.5 ordinary

Purchase

4370

11.16

USD 0.5 ordinary

Purchase

5004

11.15

USD 0.5 ordinary

Purchase

4783

11.14

USD 0.5 ordinary

Purchase

2810

11.13

USD 0.5 ordinary

Purchase

5416

11.12

USD 0.5 ordinary

Purchase

4216

11.11

USD 0.5 ordinary

Purchase

2498

11.10

USD 0.5 ordinary

Purchase

2808

11.09

USD 0.5 ordinary

Purchase

3754

11.08

USD 0.5 ordinary

Purchase

1407

11.07

USD 0.5 ordinary

Purchase

1864

11.06

USD 0.5 ordinary

Purchase

60

10.91

 

Total

130,804

USD 0.5 ordinary

Sale

354

11.32

USD 0.5 ordinary

Sale

210

11.31

USD 0.5 ordinary

Sale

63,822

11.30

USD 0.5 ordinary

Sale

93,094

11.29

USD 0.5 ordinary

Sale

29,323

11.28

USD 0.5 ordinary

Sale

4,323

11.27

USD 0.5 ordinary

Sale

13,333

11.26

USD 0.5 ordinary

Sale

1,512

11.25

USD 0.5 ordinary

Sale

428

11.23

USD 0.5 ordinary

Sale

1,395

11.22

USD 0.5 ordinary

Sale

3,000

11.21

USD 0.5 ordinary

Sale

1,043

11.20

USD 0.5 ordinary

Sale

3,258

11.19

USD 0.5 ordinary

Sale

1,344

11.18

USD 0.5 ordinary

Sale

32,186

11.17

USD 0.5 ordinary

Sale

5,295

11.16

USD 0.5 ordinary

Sale

436

11.15

USD 0.5 ordinary

Sale

1,272

11.14

USD 0.5 ordinary

Sale

563

11.13

USD 0.5 ordinary

Sale

1,417

11.12

USD 0.5 ordinary

Sale

5,326

11.11

USD 0.5 ordinary

Sale

44

11.09

USD 0.5 ordinary

Sale

1,982

11.08

USD 0.5 ordinary

Sale

2,455

11.07

USD 0.5 ordinary

Sale

839

11.06

USD 0.5 ordinary

Sale

8,407

11.05

USD 0.5 ordinary

Sale

6,166

11.04

USD 0.5 ordinary

Sale

1,793

11.00

USD 0.5 ordinary

Sale

74

10.91

USD 0.5 ordinary

Sale

284,694

 

(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

USD 0.5 ordinary

Call

Sell

5.000.00

12.0000

A

15/06/2012

115.75

USD 0.5 ordinary

Call

Sell

10.000.00

11.0000

A

18/05/2012

39.5

USD 0.5 ordinary

Call

Sell

10.000.00

11.0000

A

20/04/2012

34

USD 0.5 ordinary

Call

Sell

10.000.00

11.0000

A

20/04/2012

34

USD 0.5 ordinary

Call

Sell

10.000.00

11.0000

A

20/04/2012

34

USD 0.5 ordinary

Call

Sell

20.000.00

11.0000

A

20/04/2012

34

USD 0.5 ordinary

Call

Sell

50.000.00

11.0000

A

20/04/2012

32

USD 0.5 ordinary

Put

Buy

5.000.00

12.0000

A

15/06/2012

114.5

USD 0.5 ordinary

Put

Buy

10.000.00

11.0000

A

18/05/2012

38.5

 

(ii) Exercising

 

Class of relevant security

Product description

e.g. call option

Number of securities

Exercise price per unit

n/a

 

 

 

(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)

n/a

 

 

 

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:

18/04/2012

Contact name:

Dirk Young

Telephone number:

0207 595 4871

 

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:

Xstrata 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 0.5 ordinary

Call

B

32.000.00

12.5000

A

20/04/2012

USD 0.5 ordinary

Call

B

45.000.00

11.5000

A

20/04/2012

USD 0.5 ordinary

Put

B

70.000.00

11.5000

A

20/04/2012

USD 0.5 ordinary

Call

B

10.000.00

11.5000

A

20/04/2012

USD 0.5 ordinary

Put

B

525.000.00

11.0000

A

20/04/2012

USD 0.5 ordinary

Call

B

15.000.00

13.0000

A

20/04/2012

USD 0.5 ordinary

Call

B

30.000.00

12.0000

A

20/04/2012

USD 0.5 ordinary

Put

B

10.000.00

12.0000

A

20/04/2012

USD 0.5 ordinary

Call

B

15.000.00

13.5000

A

20/04/2012

USD 0.5 ordinary

Call

S

100.000.00

11.0000

A

20/04/2012

USD 0.5 ordinary

Call

B

10.000.00

10.5000

A

18/05/2012

USD 0.5 ordinary

Call

B

25.000.00

14.0000

A

18/05/2012

USD 0.5 ordinary

Call

B

30.000.00

13.0000

A

18/05/2012

USD 0.5 ordinary

Call

B

10.000.00

12.0000

A

18/05/2012

USD 0.5 ordinary

Putt

S

20.000.00

11.0000

A

18/05/2012

USD 0.5 ordinary

Call

S

10.000.00

11.0000

A

18/05/2012

USD 0.5 ordinary

Putt

B

10.000.00

11.0000

A

18/05/2012

USD 0.5 ordinary

Put

B

50.000.00

14.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

77.000.00

12.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

5.000.00

11.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

15.000.00

12.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

45.000.00

11.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

20.000.00

13.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

20.000.00

13.0000

A

15/06/2012

USD 0.5 ordinary

Call

S

50.000.00

14.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

15/06/2012

USD 0.5 ordinary

Put

B

5.000.00

12.0000

A

15/06/2012

USD 0.5 ordinary

Call

B

285.000.00

11.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

10.000.00

14.0000

A

21/09/2012

USD 0.5 ordinary

Call

B

300.000.00

13.0000

E

21/12/2012

USD 0.5 ordinary

Put

B

300.000.00

13.0000

E

21/12/2012

USD 0.5 ordinary

Put

B

125.000.00

15.0000

A

21/12/2012

USD 0.5 ordinary

Call

S

500.000.00

12.0000

A

21/12/2012

USD 0.5 ordinary

Call

B

750.000.00

10.0000

A

21/12/2012

USD 0.5 ordinary

Put

B

750.000.00

10.0000

A

21/12/2012

USD 0.5 ordinary

Call

B

250.000.00

12.0000

A

21/12/2012

USD 0.5 ordinary

Put

B

500.000.00

11.0000

A

21/12/2012

USD 0.5 ordinary

Call

B

15.000.00

13.0000

A

21/12/2012

USD 0.5 ordinary

Put

S

130.000.00

10.0000

A

21/12/2012

USD 0.5 ordinary

Put

B

90.000.00

14.0000

A

19/12/2014

 

 

 

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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