Regulatory Story
Go to market news section View chart   Print
BARCLAYS PLC  -  XTA   

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

Released 11:36 12-Dec-2012

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: 11 December 2012
(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: 2,953,987 0.10% 1,011,920 0.03%
           
(2) Derivatives (other than
options): 440,092 0.01% 23,291,215 0.78%
           
(3) Options and agreements to
purchase/sell: 25,745,546 0.86% 3,350,416 0.11%
           
(4) TOTAL:
29,139,625 0.97% 27,653,551 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 1,650 10.4300 GBP
ORD Purchase 1,754 10.4020 GBP
ORD Purchase 1,800 10.3897 GBP
ORD Purchase 3,600 10.3961 GBP
ORD Purchase 16,133 10.4111 GBP
ORD Purchase 23,515 10.4141 GBP
ORD Purchase 27,877 10.4130 GBP
ORD Purchase 53,371 10.3950 GBP
ORD Purchase 53,474 10.4101 GBP
ORD Purchase 193,415 10.4000 GBP
ORD Sale 16 10.4200 GBP
ORD Sale 89 10.3675 GBP
ORD Sale 94 10.4275 GBP
ORD Sale 500 10.4000 GBP
ORD Sale 777 10.4118 GBP
ORD Sale 864 10.4250 GBP
ORD Sale 1,496 10.3724 GBP
ORD Sale 1,710 10.4133 GBP
ORD Sale 1,800 10.3897 GBP
ORD Sale 2,180 10.4014 GBP
ORD Sale 2,739 10.3950 GBP
ORD Sale 3,140 15.6000 CHF
ORD Sale 5,018 10.4086 GBP
ORD Sale 6,000 15.6500 CHF
ORD Sale 6,057 10.3992 GBP
ORD Sale 6,625 10.4040 GBP
ORD Sale 9,013 10.4038 GBP
ORD Sale 19,000 10.3902 GBP
ORD Sale 20,922 10.3904 GBP
ORD Sale 80,601 10.4026 GBP
ORD Sale 196,340 10.4193 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 100 10.3973 GBP
ORD CFD Long 606 10.4121 GBP
ORD SWAP Long 1,710 10.4134 GBP
ORD CFD Long 1,785 10.4163 GBP
ORD CFD Long 9,140 15.6304 CHF
ORD CFD Long 12,417 10.4024 GBP
ORD CFD Long 15,000 10.4241 GBP
ORD SWAP Short 3,600 10.3960 GBP
ORD CFD Short 20,000 10.3809 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:  

12 Dec 2012

Contact name:   Geoff Smith
Telephone number:   020 3555 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 Put Options Purchased 2,570,863 7.9303 European 18 Jun 2013
ORD Put Options Purchased 500,000 8.0000 American 13 Dec 2012
ORD Put Options Purchased 250,000 9.6000 American 13 Dec 2012
ORD Put Options Written -250,000 7.2000 American 13 Dec 2012
ORD Put Options Written -500,000 8.0000 American 13 Dec 2012
ORD Put Options Written -600,000 8.2000 American 13 Dec 2012
ORD Put Options Written -375,000 9.2000 American 13 Dec 2012
ORD Call Options Purchased 500,000 11.0000 American 13 Dec 2012
ORD Call Options Written -1,000,000 12.0000 American 13 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


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