Regulatory Story
Go to market news section View chart   Print
Company BARCLAYS PLC
TIDM XTA
Headline

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

Released 10:55 07-Mar-2013
Number 0307005510

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 XSTRATA PLC
  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeree
  principal trader is connected  
(d) Date position held/dealing undertaken: 6 March 2013
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect
  of any other party to this offer? 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: 11,882,843 0.40% 1,271,019 0.04%
           
(2) Derivatives (other than
options): 738,126 0.02% 30,775,364 1.02%
           
(3) Options and agreements to
purchase/sell: 22,260,583 0.74% 850,000 0.03%
           
(4) TOTAL:
34,881,552 1.16% 32,896,383 1.10%

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 352 11.6375 GBP
ORD Purchase 861 11.6150 GBP
ORD Purchase 1,000 11.6450 GBP
ORD Purchase 1,794 11.7154 GBP
ORD Purchase 1,897 11.6917 GBP
ORD Purchase 3,820 11.6226 GBP
ORD Purchase 4,720 11.6501 GBP
ORD Purchase 11,767 11.6439 GBP
ORD Purchase 13,586 11.7320 GBP
ORD Purchase 17,166 11.6161 GBP
ORD Purchase 25,000 11.3447 GBP
ORD Purchase 25,000 11.5566 GBP
ORD Purchase 25,000 11.6107 GBP
ORD Purchase 30,622 11.6353 GBP
ORD Purchase 31,822 11.6582 GBP
ORD Purchase 33,166 11.6191 GBP
ORD Purchase 52,462 11.6387 GBP
ORD Purchase 77,993 11.6200 GBP
ORD Purchase 130,359 11.6443 GBP
ORD Sale 49 11.6100 GBP
ORD Sale 904 11.7235 GBP
ORD Sale 1,897 11.6917 GBP
ORD Sale 2,455 11.6537 GBP
ORD Sale 5,631 11.6721 GBP
ORD Sale 6,937 11.6207 GBP
ORD Sale 9,875 11.6206 GBP
ORD Sale 17,237 11.6851 GBP
ORD Sale 25,190 11.6485 GBP
ORD Sale 25,427 11.6277 GBP
ORD Sale 29,715 11.6745 GBP
ORD Sale 36,976 11.6602 GBP
ORD Sale 42,263 11.6356 GBP
ORD Sale 91,095 11.6564 GBP
ORD Sale 120,000 11.6702 GBP
ORD Sale 258,303 11.6500 GBP
ORD Sale 260,539 11.6119 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 49 11.6091 GBP
ORD SWAP Long 904 11.7230 GBP
ORD SWAP Long 6,222 11.6517 GBP
ORD CFD Long 10,000 11.6390 GBP
ORD CFD Long 25,000 11.6240 GBP
ORD CFD Long 120,000 11.6702 GBP
ORD CFD Long 258,303 11.6500 GBP
ORD SWAP Short 1,808 11.6729 GBP
ORD CFD Short 2,695 11.7615 GBP
ORD SWAP Short 3,793 11.6442 GBP
ORD CFD Short 11,738 11.7253 GBP
ORD CFD Short 25,000 11.3446 GBP
ORD CFD Short 25,000 11.5566 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: 7 Mar 2013
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 the person whose positions/dealings   BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:  
Name of offeror/offeree in relation to whose XSTRATA PLC
relevant securities this from relates:  

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 8 Mar 2013
ORD Put Options Written -600,000 8.2000 American 8 Mar 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


Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


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