Form 8.3 - Replacement Glencore International PLC (1670C)

TIDMGLEN

RNS Number : 1670C

BlackRock Group

26 April 2012

FORM 8.3

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the "Code")

4. (c) Supplemental Form 8 (Open Positions) attached

   1.         KEY INFORMATION 
 
 (a) Identity of the person whose positions/dealings are being disclosed:                   BlackRock, Inc. 
-----------------------------------------------------------------------------------------  --------------------------- 
 (b) Owner or controller of interests and short positions disclosed, if different from      N/A 
 1(a): 
 The naming of nominee or vehicle companies is insufficient 
-----------------------------------------------------------------------------------------  --------------------------- 
 (c) Name of offeror/offeree in relation to whose relevant securities this form relates:    Glencore International PLC 
  Use a separate form for each offeror/offeree 
-----------------------------------------------------------------------------------------  --------------------------- 
 (d) If an exempt fund manager connected with an offeror/offeree, state this and specify 
 identity 
 of offeror/offeree: 
-----------------------------------------------------------------------------------------  --------------------------- 
 (e) Date position held/dealing undertaken:                                                  25(th) April 2012 
-----------------------------------------------------------------------------------------  --------------------------- 
 (f) Has the discloser previously disclosed, or are they today disclosing, under the Code   Yes, Xstrata PLC 
 in 
 respect of any other party to this offer? 
-----------------------------------------------------------------------------------------  --------------------------- 
 
   2.         POSITIONS OF THE PERSON MAKING THE DISCLOSURE 

(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 
---------------------------------------  --------------------------------------- 
                                              Interests         Short positions 
---------------------------------------  -------------------  ------------------ 
                                            Number       %      Number       % 
---------------------------------------  ------------  -----  ----------  ------ 
 (1) Relevant securities owned 
  and/or controlled:                      112,912,730   1.63 
---------------------------------------  ------------  -----  ----------  ------ 
 (2) Derivatives (other than options):     2,900,019    0.05    459,325    0.01 
---------------------------------------  ------------  -----  ----------  ------ 
 (3) Options and agreements to 
  purchase/sell:                                                74,300     0.00 
---------------------------------------  ------------  -----  ----------  ------ 
     TOTAL:                               115,812,749   1.67    533,625    0.01 
---------------------------------------  ------------  -----  ----------  ------ 
 
 
 Class of relevant security:                    5% guaranteed convertible 
                                                  bonds due December 2014 
---------------------------------------  --------------------------------------- 
                                              Interests         Short positions 
---------------------------------------  -------------------  ------------------ 
                                            Number       %        Number      % 
---------------------------------------  ------------  -----  -------------  --- 
 (1) Relevant securities owned 
  and/or controlled:                      86,476,021    3.76 
---------------------------------------  ------------  -----  -------------  --- 
 (2) Derivatives (other than options): 
---------------------------------------  ------------  -----  -------------  --- 
 (3) Options and agreements to 
  purchase/sell: 
---------------------------------------  ------------  -----  -------------  --- 
            TOTAL:                        86,476,021    3.76 
---------------------------------------  ------------  -----  -------------  --- 
 

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).

(a) 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(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

   3.         DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE 
   (a)        Purchases and sales 
 
 Class of relevant security   Purchase/sale   Number of securities   Price per unit 
---------------------------  --------------  ---------------------  --------------- 
 USD 0.01 ordinary            Sale            9,334                  GBP 4.21 
---------------------------  --------------  ---------------------  --------------- 
 USD 0.01 ordinary            Sale            1,682                  GBP 4.29 
---------------------------  --------------  ---------------------  --------------- 
 
    (b)       Derivatives transactions (other than options) 
 
 Class of relevant   Product        Nature of dealing                Number          Price per 
  security            description    e.g. opening/closing             of reference    unit 
                      e.g. CFD       a long/short                     securities 
                                     position, increasing/reducing 
                                     a long/short 
                                     position 
------------------  -------------  -------------------------------  --------------  ---------- 
 USD 0.01 ordinary   CFD            Increasing Long                  565,000         GBP 4.29 
------------------  -------------  -------------------------------  --------------  ---------- 
 USD 0.01 ordinary   CFD            Reducing Long                    26,309          GBP 4.20 
------------------  -------------  -------------------------------  --------------  ---------- 
 USD 0.01 ordinary   CFD            Reducing Long                    34,187          GBP 4.29 
------------------  -------------  -------------------------------  --------------  ---------- 
 USD 0.01 ordinary   CFD            Reducing Long                    121,115         GBP 4.23 
------------------  -------------  -------------------------------  --------------  ---------- 
 USD 0.01 ordinary   CFD            Reducing Long                    686,115         GBP 4.29 
------------------  -------------  -------------------------------  --------------  ---------- 
 

Please also note; there was a Reducing long CFD transfer of 761 & a Reducing Short CFD transfer of 9,512.

   (c)        Options transactions in respect of existing securities 
   (i)         Writing, selling, purchasing or varying 
 
   Class of       Product        Writing,      Number of       Exercise          Type       Expiry date   Option money 
   relevant     description    purchasing,     securities      price per         e.g.                        paid/ 
   security      e.g. call       selling,       to which         unit         American,                   received per 
                   option      varying etc.      option                        European                       unit 
                                                relates                          etc. 
-------------  -------------  -------------  -------------  --------------  -------------  ------------  ------------- 
 
 
   (ii)        Exercising 
 
 Class of relevant security   Product description   Number of securities   Exercise price per unit 
                                e.g. call option 
---------------------------  --------------------  ---------------------  ------------------------ 
 
 
   (d)        Other dealings (including subscribing for new securities) 
 
 Class of relevant security         Nature of dealing          Details   Price per unit (if applicable) 
                               e.g. subscription, conversion 
---------------------------  -------------------------------  --------  ------------------------------- 
 
 

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(c), 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 person 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 person 
  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:    26 April 2012 
---------------------  -------------- 
 Contact name:          Euan Peachey 
---------------------  -------------- 
 Telephone number:      020 7743 3917 
---------------------  -------------- 
 

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 [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 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 person whose open positions are being disclosed:                                    BlackRock, Inc. 
-----------------------------------------------------------------------------------------  --------------------------- 
 Name of offeror/offeree in relation to whose relevant securities the disclosure relates:   Glencore International PLC 
-----------------------------------------------------------------------------------------  --------------------------- 
 
   2.         OPTIONS AND DERIVATIVES 
 
    Class of          Product         Written or        Number of      Exercise price         Type         Expiry date 
    relevant        description        purchased      securities to       per unit       e.g. American, 
    security         e.g. call                         which option                       European etc. 
                       option                         or derivative 
                                                         relates 
----------------  ---------------  ----------------  ---------------  ----------------  ----------------  ------------ 
 USD 0.01          Call Option      Written           41,300           GBP 4.0627        European          02/05/2012 
 ordinary 
----------------  ---------------  ----------------  ---------------  ----------------  ----------------  ------------ 
 USD 0.01          Call Option      Written           33,000           GBP 4.0541        European          15/05/2012 
 ordinary 
----------------  ---------------  ----------------  ---------------  ----------------  ----------------  ------------ 
 
   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 at www.thetakeoverpanel.org.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

RETLLFEVSSIRFIF