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Company BARCLAYS PLC
TIDM XTA
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Form 8.5 (EPT/NON-RI) - XSTRATA PLC

Released 11:26 10-Dec-2012
Number 1210005625

Form 8.5 (EPT/NON-RI) - XSTRATA PLC

LONDON--(BUSINESS WIRE)--

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:  

BARCLAYS CAPITAL SECURITIES LTD

(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:  

Advisor to Offeree

(d) Date position held/dealing undertaken:  

7 December 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:

 

GLENCORE INTL PLC

 

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:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 2,957,751 0.10% 1,092,726 0.04%
           
(2) Derivatives (other than
options): 451,834 0.02% 23,222,743 0.77%
           
(3) Options and agreements to
purchase/sell: 25,745,546 0.86% 3,350,416 0.11%
           
(4) TOTAL:
29,155,131 0.97% 27,665,885 0.92%

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

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   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 780 10.3113 GBP
ORD Purchase 1,126 10.2815 GBP
ORD Purchase 1,231 10.3194 GBP
ORD Purchase 1,429 10.3250 GBP
ORD Purchase 3,251 10.3182 GBP
ORD Purchase 4,385 10.3579 GBP
ORD Purchase 9,411 10.3362 GBP
ORD Purchase 10,304 10.2592 GBP
ORD Purchase 10,765 10.3286 GBP
ORD Purchase 12,000 10.3394 GBP
ORD Purchase 12,400 10.3400 GBP
ORD Purchase 16,700 10.3193 GBP
ORD Purchase 20,310 10.2718 GBP
ORD Purchase 62,151 10.3187 GBP
ORD Purchase 97,615 10.2950 GBP
ORD Purchase 100,000 10.3881 GBP
ORD Purchase 280,334 10.3376 GBP
ORD Sale 114 10.4050 GBP
ORD Sale 445 10.3311 GBP
ORD Sale 451 10.2685 GBP
ORD Sale 786 10.3135 GBP
ORD Sale 1,888 10.3750 GBP
ORD Sale 2,300 10.2906 GBP
ORD Sale 2,500 15.4500 CHF
ORD Sale 3,000 15.6000 CHF
ORD Sale 3,132 10.2897 GBP
ORD Sale 3,266 15.3000 CHF
ORD Sale 3,580 15.4000 CHF
ORD Sale 4,344 10.3182 GBP
ORD Sale 7,376 10.3403 GBP
ORD Sale 9,744 10.3130 GBP
ORD Sale 10,484 10.3054 GBP
ORD Sale 13,955 10.3217 GBP
ORD Sale 34,033 10.3049 GBP
ORD Sale 43,765 10.2960 GBP
ORD Sale 63,994 10.3150 GBP
ORD Sale 84,495 10.2296 GBP
ORD Sale 184,601 10.3008 GBP
ORD Sale 352,559 10.3274 GBP

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 451 10.2684 GBP
ORD CFD Long 2,673 10.3326 GBP
ORD SWAP Long 9,744 10.3129 GBP
ORD CFD Long 12,346 15.4299 CHF
ORD SWAP Long 84,495 10.2296 GBP
ORD SWAP Short 3,251 10.3182 GBP
ORD CFD Short 8,154 10.2256 GBP
ORD CFD Short 18,000 10.3397 GBP
ORD CFD Short 22,066 10.2847 GBP
ORD CFD Short 30,000 10.3509 GBP
ORD CFD Short 85,000 10.3459 GBP

(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

(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 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: 10 Dec 2012
Contact name: Geoff Smith
Telephone number: 0203 555 4632

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:  

BARCLAYS CAPITAL SECURITIES LTD

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

XSTRATA PLC

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Put Options Purchased 2,570,863 7.9303 European 18 Jun 2013
ORD Put Options Purchased 500,000 8.0000 American 9 Dec 2012
ORD Put Options Purchased 250,000 9.6000 American 9 Dec 2012
ORD Put Options Written -250,000 7.2000 American 9 Dec 2012
ORD Put Options Written -500,000 8.0000 American 9 Dec 2012
ORD Put Options Written -600,000 8.2000 American 9 Dec 2012
ORD Put Options Written -375,000 9.2000 American 9 Dec 2012
ORD Call Options Purchased 500,000 11.0000 American 9 Dec 2012
ORD Call Options Written -1,000,000 12.0000 American 9 Dec 2012
ORD Call Options Written -625,416 12.0000 European 27 Feb 2013
ORD Equity Forward Purchased 21,924,683 20.5248   17 Jun 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.

BARCLAYS PLC

Source: BARCLAYS PLC


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Form 8.5 (EPT/NON-RI) - XSTRATA PLC - RNS