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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: |
20 February 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:
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: | 12,700,264 | 0.42% | 982,757 | 0.03% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 545,520 | 0.02% | 32,017,456 | 1.07% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 22,260,583 | 0.74% | 1,475,416 | 0.05% | |||||||
| (4) | TOTAL: | ||||||||||
| 35,506,367 | 1.18% | 34,475,629 | 1.15% |
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: | |
| 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 | 300 | 11.8133 GBP | ||||
| ORD | Purchase | 398 | 11.7300 GBP | ||||
| ORD | Purchase | 1,299 | 11.7524 GBP | ||||
| ORD | Purchase | 1,592 | 11.5331 GBP | ||||
| ORD | Purchase | 1,653 | 11.6320 GBP | ||||
| ORD | Purchase | 1,827 | 11.6950 GBP | ||||
| ORD | Purchase | 2,456 | 11.8380 GBP | ||||
| ORD | Purchase | 4,574 | 11.8330 GBP | ||||
| ORD | Purchase | 6,544 | 11.6465 GBP | ||||
| ORD | Purchase | 7,100 | 11.6108 GBP | ||||
| ORD | Purchase | 7,270 | 11.8138 GBP | ||||
| ORD | Purchase | 25,767 | 11.6166 GBP | ||||
| ORD | Purchase | 29,089 | 11.5549 GBP | ||||
| ORD | Purchase | 51,360 | 11.5690 GBP | ||||
| ORD | Purchase | 56,688 | 11.4850 GBP | ||||
| ORD | Purchase | 98,861 | 11.6878 GBP | ||||
| ORD | Purchase | 103,688 | 11.5921 GBP | ||||
| ORD | Purchase | 126,314 | 11.6247 GBP | ||||
| ORD | Purchase | 300,000 | 11.5800 GBP | ||||
| ORD | Sale | 70 | 11.7300 GBP | ||||
| ORD | Sale | 195 | 11.5600 GBP | ||||
| ORD | Sale | 536 | 11.7740 GBP | ||||
| ORD | Sale | 623 | 11.5750 GBP | ||||
| ORD | Sale | 763 | 11.7373 GBP | ||||
| ORD | Sale | 780 | 11.4400 GBP | ||||
| ORD | Sale | 960 | 11.8100 GBP | ||||
| ORD | Sale | 975 | 11.8437 GBP | ||||
| ORD | Sale | 1,310 | 11.5188 GBP | ||||
| ORD | Sale | 1,500 | 11.6242 GBP | ||||
| ORD | Sale | 3,414 | 11.8414 GBP | ||||
| ORD | Sale | 3,450 | 11.4845 GBP | ||||
| ORD | Sale | 3,726 | 11.4850 GBP | ||||
| ORD | Sale | 4,452 | 11.4331 GBP | ||||
| ORD | Sale | 6,814 | 11.6486 GBP | ||||
| ORD | Sale | 8,390 | 11.8166 GBP | ||||
| ORD | Sale | 9,106 | 11.6146 GBP | ||||
| ORD | Sale | 12,499 | 11.8432 GBP | ||||
| ORD | Sale | 18,030 | 11.4818 GBP | ||||
| ORD | Sale | 23,137 | 11.6692 GBP | ||||
| ORD | Sale | 47,053 | 11.4411 GBP | ||||
| ORD | Sale | 104,191 | 11.5887 GBP | ||||
| ORD | Sale | 127,991 | 11.5800 GBP | ||||
| ORD | Sale | 163,573 | 11.4971 GBP |
(b) Derivatives transactions (other than options)
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| ORD | CFD | Long | 780 | 11.4389 GBP | |||||
| ORD | SWAP | Long | 1,500 | 11.6241 GBP | |||||
| ORD | CFD | Long | 1,633 | 11.8518 GBP | |||||
| ORD | CFD | Long | 9,045 | 11.8457 GBP | |||||
| ORD | CFD | Short | 5,305 | 11.5613 GBP | |||||
| ORD | SWAP | Short | 7,100 | 11.6109 GBP | |||||
| ORD | CFD | Short | 7,612 | 11.6265 GBP | |||||
| ORD | CFD | Short | 20,000 | 11.4850 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? | NO |
| Date of disclosure: |
21 Feb 2013 |
|
| Contact name: | Geoff Smith | |
| Telephone number: | 020 3555 4632 |
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 | Call Options | Purchased | 168,000 | 11.0346 | European | 16 May 2013 | |||||||
| ORD | Call Options | Purchased | 167,900 | 11.1902 | European | 13 Mar 2013 | |||||||
| ORD | Put Options | Written | -250,000 | 7.2000 | American | 22 Feb 2013 | |||||||
| ORD | Put Options | Written | -600,000 | 8.2000 | American | 22 Feb 2013 | |||||||
| 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.
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.
BARCLAYS PLC
Source: BARCLAYS PLC
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