Glencore International Plc : Form 8.5 (REPLACEMENT-Glencore Internaional 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:	18 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:	2,852,718	0.04	0.00	0.00
(2) Derivatives (other than options):	974,175	0.01	6,814,281	0.10
(3)Options and agreements to purchase/sell:	105,000	0.00	10,000	0.00
TOTAL:	3,931,893	0.06	6,824,281	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	1,605	3.8295
USD 0.01 ordinary shares	Purchase	449	3.8285
USD 0.01 ordinary shares	Purchase	3,059	3.8275
USD 0.01 ordinary shares	Purchase	59	3.8251
USD 0.01 ordinary shares	Purchase	9,337	3.8250
USD 0.01 ordinary shares	Purchase	1,147	3.8220
USD 0.01 ordinary shares	Purchase	2,948	3.8215
USD 0.01 ordinary shares	Purchase	826	3.8210
USD 0.01 ordinary shares	Purchase	2,685	3.8200
USD 0.01 ordinary shares	Purchase	691	3.8185
USD 0.01 ordinary shares	Purchase	130	3.8175
USD 0.01 ordinary shares	Purchase	631	3.8170
USD 0.01 ordinary shares	Purchase	983	3.8155
USD 0.01 ordinary shares	Purchase	330	3.8140
USD 0.01 ordinary shares	Purchase	2,505	3.8115
USD 0.01 ordinary shares	Purchase	2,060	3.8060
USD 0.01 ordinary shares	Purchase	5,574	3.8015
USD 0.01 ordinary shares	Purchase	335	3.8010
USD 0.01 ordinary shares	Purchase	1,140	3.8005
USD 0.01 ordinary shares	Purchase	11,264	3.8000
USD 0.01 ordinary shares	Purchase	84	3.7995
USD 0.01 ordinary shares	Purchase	1,900	3.7990
USD 0.01 ordinary shares	Purchase	72,726	3.7985
USD 0.01 ordinary shares	Purchase	5,000	3.7980
USD 0.01 ordinary shares	Purchase	58	3.7970
USD 0.01 ordinary shares	Purchase	1,347	3.7950
USD 0.01 ordinary shares	Purchase	3,282	3.7910
USD 0.01 ordinary shares	Purchase	780	3.7835
USD 0.01 ordinary shares	Purchase	1,896	3.7830
USD 0.01 ordinary shares	Purchase	3,435	3.7820
USD 0.01 ordinary shares	Purchase	5,000	3.7790
USD 0.01 ordinary shares	Purchase	315	3.7775
USD 0.01 ordinary shares	Purchase	9	3.7635
USD 0.01 ordinary shares	Purchase	41	3.7620
USD 0.01 ordinary shares	Purchase	55	3.7595
USD 0.01 ordinary shares	Purchase	61	3.7580
USD 0.01 ordinary shares	Purchase	368	3.7575
USD 0.01 ordinary shares	Purchase	3,629	3.7555
	Total:	147,744
USD 0.01 ordinary shares	Sale	824	3.8300
USD 0.01 ordinary shares	Sale	945	3.8295
USD 0.01 ordinary shares	Sale	270	3.8280
USD 0.01 ordinary shares	Sale	410	3.8275
USD 0.01 ordinary shares	Sale	2,882	3.8270
USD 0.01 ordinary shares	Sale	469	3.8250
USD 0.01 ordinary shares	Sale	2,482	3.8245
USD 0.01 ordinary shares	Sale	8,303	3.8240
USD 0.01 ordinary shares	Sale	1,348	3.8235
USD 0.01 ordinary shares	Sale	15,424	3.8230
USD 0.01 ordinary shares	Sale	78	3.8226
USD 0.01 ordinary shares	Sale	19,454	3.8225
USD 0.01 ordinary shares	Sale	10,366	3.8220
USD 0.01 ordinary shares	Sale	5,814	3.8215
USD 0.01 ordinary shares	Sale	8,436	3.8210
USD 0.01 ordinary shares	Sale	20,086	3.8205
USD 0.01 ordinary shares	Sale	5,608	3.8195
USD 0.01 ordinary shares	Sale	644	3.8185
USD 0.01 ordinary shares	Sale	1,370	3.8180
USD 0.01 ordinary shares	Sale	10,000	3.8175
USD 0.01 ordinary shares	Sale	2,134	3.8170
USD 0.01 ordinary shares	Sale	1,464	3.8165
USD 0.01 ordinary shares	Sale	6,409	3.8160
USD 0.01 ordinary shares	Sale	22	3.8159
USD 0.01 ordinary shares	Sale	21,213	3.8155
USD 0.01 ordinary shares	Sale	5,626	3.8145
USD 0.01 ordinary shares	Sale	254	3.8120
USD 0.01 ordinary shares	Sale	4,341	3.8080
USD 0.01 ordinary shares	Sale	1,467	3.8075
USD 0.01 ordinary shares	Sale	209,000	3.8066
USD 0.01 ordinary shares	Sale	1,047	3.8065
USD 0.01 ordinary shares	Sale	5,000	3.8060
USD 0.01 ordinary shares	Sale	106	3.8045
USD 0.01 ordinary shares	Sale	2,477	3.8040
USD 0.01 ordinary shares	Sale	535	3.8035
USD 0.01 ordinary shares	Sale	979	3.8030
USD 0.01 ordinary shares	Sale	5,273	3.8025
USD 0.01 ordinary shares	Sale	3,339	3.8020
USD 0.01 ordinary shares	Sale	3,337	3.8015
USD 0.01 ordinary shares	Sale	951	3.8010
USD 0.01 ordinary shares	Sale	7,997	3.8005
USD 0.01 ordinary shares	Sale	1,820	3.8000
USD 0.01 ordinary shares	Sale	2,140	3.7990
USD 0.01 ordinary shares	Sale	58,981	3.7985
USD 0.01 ordinary shares	Sale	24	3.7983
USD 0.01 ordinary shares	Sale	5,000	3.7980
USD 0.01 ordinary shares	Sale	652	3.7920
USD 0.01 ordinary shares	Sale	750	3.7905
USD 0.01 ordinary shares	Sale	9,187	3.7900
USD 0.01 ordinary shares	Sale	47,375	3.7759
USD 0.01 ordinary shares	Sale	660	3.7575
	Total:	524,773

(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
None

(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:	23 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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