Glencore International Plc : Form 8.5 (REPLACEMENT-Glencore International plc)

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AMENDMENT

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:	BNP Paribas
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Glencore International plc
(c) Name of the party to the offer with which exempt principal trader is connected:	Glencore International plc
(d) Date position held/dealing undertaken:	23 January 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

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:	USD 0.01 ordinary shares
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	1,915,765	0.03	0.00	0.00
(2) Derivatives (other than options):	1,473,175	0.02	6,772,690	0.10
(3)Options and agreements to purchase/sell:	105,000	0.00	10,000	0.00
TOTAL:	3,493,940	0.05	6,782,690	0.10

Class of relevant security:	XS0475310396 5% Guaranteed Convertible Bonds due December 2014
	Interests		Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	23,000	0.00	0.00	0.00
(2) Derivatives (other than options):	5,100,000	0.22	16,000,000	0.70
(3) Options and agreements to purchase/sell:	0.00	0.00	0.00	0.00
TOTAL:	5,123,000	0.22	16,000,000	0.70

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:	n/a
Details, including nature of the rights concerned and relevant percentages:	n/a

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 security	Purchase/sale	Number of securities	Price per unit
USD 0.01 ordinary shares	Purchase	651	3.8785
USD 0.01 ordinary shares	Purchase	300	3.8780
USD 0.01 ordinary shares	Purchase	5,622	3.8775
USD 0.01 ordinary shares	Purchase	527	3.8770
USD 0.01 ordinary shares	Purchase	300	3.8765
USD 0.01 ordinary shares	Purchase	7,733	3.8755
USD 0.01 ordinary shares	Purchase	1,291	3.8750
USD 0.01 ordinary shares	Purchase	2,605	3.8745
USD 0.01 ordinary shares	Purchase	198	3.8730
USD 0.01 ordinary shares	Purchase	1,760	3.8720
USD 0.01 ordinary shares	Purchase	678	3.8700
USD 0.01 ordinary shares	Purchase	6,100	3.8685
USD 0.01 ordinary shares	Purchase	5,665	3.8655
USD 0.01 ordinary shares	Purchase	1,305	3.8650
USD 0.01 ordinary shares	Purchase	2,860	3.8585
USD 0.01 ordinary shares	Purchase	2,194	3.8565
USD 0.01 ordinary shares	Purchase	142,877	3.8555
USD 0.01 ordinary shares	Purchase	2,945	3.8550
USD 0.01 ordinary shares	Purchase	1,299	3.8545
USD 0.01 ordinary shares	Purchase	4,847	3.8540
USD 0.01 ordinary shares	Purchase	1,330	3.8535
USD 0.01 ordinary shares	Purchase	3,636	3.8530
USD 0.01 ordinary shares	Purchase	540	3.8525
USD 0.01 ordinary shares	Purchase	1,324	3.8520
USD 0.01 ordinary shares	Purchase	1,232	3.8515
USD 0.01 ordinary shares	Purchase	3,572	3.8510
USD 0.01 ordinary shares	Purchase	325	3.8505
USD 0.01 ordinary shares	Purchase	723	3.8500
USD 0.01 ordinary shares	Purchase	2,458	3.8490
USD 0.01 ordinary shares	Purchase	3,317	3.8485
USD 0.01 ordinary shares	Purchase	3,941	3.8475
USD 0.01 ordinary shares	Purchase	1,569	3.8465
USD 0.01 ordinary shares	Purchase	382	3.8460
USD 0.01 ordinary shares	Purchase	3,287	3.8425
USD 0.01 ordinary shares	Purchase	2,297	3.8385
USD 0.01 ordinary shares	Purchase	12,957	3.8380
USD 0.01 ordinary shares	Purchase	2,698	3.8375
USD 0.01 ordinary shares	Purchase	151	3.8370
USD 0.01 ordinary shares	Purchase	5,000	3.8365
USD 0.01 ordinary shares	Purchase	8,044	3.8360
USD 0.01 ordinary shares	Purchase	675	3.8345
USD 0.01 ordinary shares	Purchase	1,873	3.8340
USD 0.01 ordinary shares	Purchase	4,934	3.8330
USD 0.01 ordinary shares	Purchase	3,724	3.8325
	Total:	261,746
USD 0.01 ordinary shares	Sale	4	3.8865
USD 0.01 ordinary shares	Sale	5	3.8845
USD 0.01 ordinary shares	Sale	13	3.8800
USD 0.01 ordinary shares	Sale	13	3.8795
USD 0.01 ordinary shares	Sale	66	3.8790
USD 0.01 ordinary shares	Sale	70	3.8765
USD 0.01 ordinary shares	Sale	19	3.8735
USD 0.01 ordinary shares	Sale	10	3.8720
USD 0.01 ordinary shares	Sale	103	3.8700
USD 0.01 ordinary shares	Sale	4,887	3.8695
USD 0.01 ordinary shares	Sale	704	3.8690
USD 0.01 ordinary shares	Sale	271	3.8685
USD 0.01 ordinary shares	Sale	499,000	3.8671
USD 0.01 ordinary shares	Sale	6,015	3.8670
USD 0.01 ordinary shares	Sale	2,497	3.8665
USD 0.01 ordinary shares	Sale	707	3.8660
USD 0.01 ordinary shares	Sale	828	3.8655
USD 0.01 ordinary shares	Sale	9,201	3.8650
USD 0.01 ordinary shares	Sale	4,017	3.8645
USD 0.01 ordinary shares	Sale	7,245	3.8635
USD 0.01 ordinary shares	Sale	3,636	3.8625
USD 0.01 ordinary shares	Sale	3,458	3.8615
USD 0.01 ordinary shares	Sale	4	3.8600
USD 0.01 ordinary shares	Sale	5,000	3.8595
USD 0.01 ordinary shares	Sale	1,396	3.8590
USD 0.01 ordinary shares	Sale	8,379	3.8585
USD 0.01 ordinary shares	Sale	641	3.8580
USD 0.01 ordinary shares	Sale	5,083	3.8570
USD 0.01 ordinary shares	Sale	3,400	3.8565
USD 0.01 ordinary shares	Sale	2,082	3.8555
USD 0.01 ordinary shares	Sale	213,500	3.8552
USD 0.01 ordinary shares	Sale	9,997	3.8550
USD 0.01 ordinary shares	Sale	5,482	3.8545
USD 0.01 ordinary shares	Sale	2,841	3.8540
USD 0.01 ordinary shares	Sale	5,303	3.8535
USD 0.01 ordinary shares	Sale	80,000	3.8533
USD 0.01 ordinary shares	Sale	1,136	3.8530
USD 0.01 ordinary shares	Sale	1,873	3.8525
USD 0.01 ordinary shares	Sale	6,162	3.8520
USD 0.01 ordinary shares	Sale	7,768	3.8515
USD 0.01 ordinary shares	Sale	600	3.8510
USD 0.01 ordinary shares	Sale	8,891	3.8505
USD 0.01 ordinary shares	Sale	12,571	3.8500
USD 0.01 ordinary shares	Sale	11,312	3.8495
USD 0.01 ordinary shares	Sale	10,936	3.8490
USD 0.01 ordinary shares	Sale	13,746	3.8485
USD 0.01 ordinary shares	Sale	2,244	3.8480
USD 0.01 ordinary shares	Sale	3,855	3.8460
USD 0.01 ordinary shares	Sale	698	3.8390
USD 0.01 ordinary shares	Sale	65,418	3.8380
USD 0.01 ordinary shares	Sale	1,206	3.8365
USD 0.01 ordinary shares	Sale	4,763	3.8355
	Total:	1,039,056

(b)        Derivatives transactions (other than options)

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
USD 0.01 ordinary shares	CFD	Opening a long position	499,000	3.87

(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
None

(ii)        Exercising

Class of relevant security	Product description e.g. call option	Number of securities	Exercise price per unit
None

(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)
None

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:	24 January 2013
Contact name:	Melanie Rayson / Gemma Stuart
Telephone number:	0207 595 6908 / 0207 595 5219

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 [e-mail]. 

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on [phone].

The Code can be viewed on the Panel's website atwww.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 person whose open positions are being disclosed:	BNP Paribas
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:	Glencore International plc

2.         OPTIONS AND DERIVATIVES

Class of relevant security	Product description e.g. call option	Written or purchased	Number of securities to which option or derivative relates	Exercise price per unit	Type e.g. American, European etc.	Expiry date
USD 0.01 ordinary shares	Call	Sell	10,000	2.80	E	15/03/2012
USD 0.01 ordinary shares	Put	Sell	35,000	3.00	E	15/03/2012
USD 0.01 ordinary shares	Call	Buy	10,000	2.80	E	15/03/2012
USD 0.01 ordinary shares	Put	Buy	15,000	3.60	E	15/02/2013
USD 0.01 ordinary shares	Call	Buy	30,000	3.80	E	15/02/2013
USD 0.01 ordinary shares	Call	Buy	15,000	3.90	E	15/02/2013

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 [phone].

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

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