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BARCLAYS PLC  -  XTA   

Form 8.5 (EPT/NON-RI) XSTRATA PLC

Released 12:48 01-May-2013

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: 30 April 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: 12,852,584 0.42% 842,032 0.03%
           
(2) Derivatives (other than
options): 636,535 0.02% 31,860,379 1.05%
           
(3) Options and agreements to
purchase/sell: 22,260,583 0.73% 850,000 0.03%
           
(4) TOTAL:
35,749,702 1.18% 33,552,411 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 62 9.6130 GBP
ORD Purchase 299 14.2500 CHF
ORD Purchase 592 9.8000 GBP
ORD Purchase 852 9.7354 GBP
ORD Purchase 1,027 14.0000 CHF
ORD Purchase 1,046 9.7147 GBP
ORD Purchase 1,734 9.6914 GBP
ORD Purchase 1,879 9.7282 GBP
ORD Purchase 2,215 14.1500 CHF
ORD Purchase 2,340 9.8061 GBP
ORD Purchase 2,959 13.9500 CHF
ORD Purchase 8,600 13.9000 CHF
ORD Purchase 8,800 14.1000 CHF
ORD Purchase 10,196 9.7883 GBP
ORD Purchase 10,600 9.6724 GBP
ORD Purchase 16,490 9.7012 GBP
ORD Purchase 18,418 9.6306 GBP
ORD Purchase 27,398 9.6350 GBP
ORD Purchase 27,565 9.7619 GBP
ORD Purchase 30,435 9.7525 GBP
ORD Purchase 43,317 9.6879 GBP
ORD Purchase 110,360 9.7670 GBP
ORD Purchase 204,477 9.7310 GBP
ORD Purchase 459,120 9.7064 GBP
ORD Purchase 890,502 9.7649 GBP
ORD Sale 716 9.6771 GBP
ORD Sale 1,269 9.7637 GBP
ORD Sale 2,137 9.6353 GBP
ORD Sale 3,602 9.6549 GBP
ORD Sale 6,852 9.6350 GBP
ORD Sale 6,966 9.6747 GBP
ORD Sale 7,143 9.7944 GBP
ORD Sale 7,804 9.7037 GBP
ORD Sale 11,564 9.6362 GBP
ORD Sale 15,404 9.7439 GBP
ORD Sale 21,559 9.7610 GBP
ORD Sale 22,353 9.7538 GBP
ORD Sale 23,331 9.6454 GBP
ORD Sale 24,364 9.7627 GBP
ORD Sale 28,553 9.7335 GBP
ORD Sale 30,480 9.7917 GBP
ORD Sale 89,653 9.7422 GBP
ORD Sale 210,655 9.7332 GBP
ORD Sale 223,586 9.7336 GBP
ORD Sale 333,857 9.7227 GBP
ORD Sale 502,554 9.7347 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 3,863 9.7819 GBP
ORD SWAP Long 10,026 9.9059 GBP
ORD CFD Long 11,214 9.9016 GBP
ORD SWAP Long 13,057 9.7885 GBP
ORD SWAP Long 27,355 9.7363 GBP
ORD SWAP Long 52,272 9.7138 GBP
ORD SWAP Short 5,100 9.7669 GBP
ORD CFD Short 6,600 9.6350 GBP
ORD CFD Short 7,585 9.7555 GBP
ORD CFD Short 16,897 9.7734 GBP
ORD CFD Short 23,900 14.0137 CHF
ORD SWAP Short 36,720 9.7888 GBP
ORD CFD Short 46,245 9.6492 GBP
ORD SWAP Short 58,733 9.6384 GBP
ORD SWAP Short 73,640 9.7561 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:  

1 May 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.

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 11.8862 European 24 Sep 2013
ORD Put Options Written -250,000 7.2000 American 2 May 2013
ORD Put Options Written -600,000 8.2000 American 2 May 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