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

Released 10:59 07-Mar-2013

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

LONDON--(BUSINESS WIRE)--

FORM 8.5 (EPT/NON-RI) AMENDMENT

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:  

5 March 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: 12,286,453 0.41% 1,236,096 0.04%
           
(2) Derivatives (other than
options): 753,062 0.03% 31,120,744 1.04%
           
(3) Options and agreements to
purchase/sell: 22,260,583 0.74% 850,000 0.03%
           
(4) TOTAL:
35,300,098 1.18% 33,206,840 1.11%

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 468 11.7150 GBP
ORD Purchase 871 11.3223 GBP
ORD Purchase 1,000 11.4050 GBP
ORD Purchase 2,191 11.1684 GBP
ORD Purchase 7,037 11.3300 GBP
ORD Purchase 10,665 11.5557 GBP
ORD Purchase 11,846 11.3399 GBP
ORD Purchase 12,494 11.7470 GBP
ORD Purchase 14,227 11.4950 GBP
ORD Purchase 18,996 11.3244 GBP
ORD Purchase 20,000 11.7400 GBP
ORD Purchase 23,963 11.7400 GBP
ORD Purchase 30,430 11.5805 GBP
ORD Purchase 40,827 11.6038 GBP
ORD Purchase 62,768 11.3462 GBP
ORD Purchase 84,000 11.7033 GBP
ORD Purchase 121,220 11.4880 GBP
ORD Sale 165 11.7325 GBP
ORD Sale 420 11.5595 GBP
ORD Sale 441 11.2000 GBP
ORD Sale 871 11.3223 GBP
ORD Sale 1,340 11.2778 GBP
ORD Sale 2,446 11.3044 GBP
ORD Sale 4,432 11.5947 GBP
ORD Sale 6,156 11.3538 GBP
ORD Sale 7,037 11.3300 GBP
ORD Sale 11,846 11.3399 GBP
ORD Sale 13,367 11.7073 GBP
ORD Sale 13,508 11.7087 GBP
ORD Sale 18,996 11.3244 GBP
ORD Sale 19,190 11.5590 GBP
ORD Sale 20,484 11.7092 GBP
ORD Sale 21,601 11.2139 GBP
ORD Sale 32,732 11.7391 GBP
ORD Sale 33,775 11.3196 GBP
ORD Sale 42,394 11.6507 GBP
ORD Sale 53,054 11.6087 GBP
ORD Sale 60,000 11.3829 GBP
ORD Sale 61,229 11.3460 GBP
ORD Sale 63,996 11.5360 GBP
ORD Sale 63,996 11.8350 GBP
ORD Sale 66,545 11.3030 GBP
ORD Sale 119,640 11.5531 GBP
ORD Sale 125,000 11.5914 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 4,527 11.7234 GBP
ORD CFD Long 18,045 11.3006 GBP
ORD SWAP Long 18,900 11.6256 GBP
ORD CFD Long 30,000 11.7389 GBP
ORD CFD Long 20,225 11.2566 GBP
ORD SWAP Long 66,545 11.3030 GBP
ORD CFD Short 1,539 11.3525 GBP
ORD SWAP Short 22,600 11.7400 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:   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.

143221.01

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 7 Mar 2013
ORD Put Options Written -600,000 8.2000 American 7 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


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