t
| Date | 22 Jan 2026 |
| Time | 16:45:29 |
| Category | Holding(s) in company |
| ID | 0306Q |
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
|
(a) Name of exempt principal trader: |
J.P. Morgan Securities Plc |
|
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
Glencore plc |
|
(c) Name of the party to the offer with which exempt principal trader is connected: |
Corporate Broker to Rio Tinto plc and Rio Tinto Limited |
|
(d) Date dealing undertaken: |
19 January 2026 |
|
(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state "N/A" |
Yes, Rio Tinto plc and Rio Tinto Limited |
2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER
Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
|
Class of relevant security |
Purchases/ sales
|
Total number of securities |
Highest price per unit paid/received |
Lowest price per unit paid/received |
|
Ordinary NPV |
Purchase |
650 |
107.6900 ZAR |
107.6900 ZAR |
|
|
8,867,519 |
4.8220 GBP |
4.7695 GBP |
|
|
|
1,330 |
5.5252 EUR |
5.5252 EUR |
|
Sale |
|
|
|
|
|
|
4,100,689 |
4.8255 GBP |
4.7695 GBP |
|
|
|
1,330 |
5.5360 EUR |
5.5250 EUR |
(b) Cash-settled derivative transactions
|
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 |
|
Ordinary NPV
|
Equity Swap |
Decrease Long |
107,397 |
4.7997 GBP |
|
|
|
3,907 |
4.8030 GBP |
|
|
|
|
6,748 |
4.8061 GBP |
|
|
|
|
995 |
4.8090 GBP |
|
|
|
|
6,236 |
4.8093 GBP |
|
|
|
|
393,418 |
4.8105 GBP |
|
|
|
|
32,670 |
4.8112 GBP |
|
|
|
|
2,352,000 |
4.8120 GBP |
|
|
|
|
457,515 |
4.8124 GBP |
|
|
|
|
675 |
4.8151 GBP |
|
|
|
|
20,115 |
4.8156 GBP |
|
|
|
|
77,743 |
4.8166 GBP |
|
|
|
|
758 |
4.8181 GBP |
|
|
|
|
33,298 |
105.6496 ZAR |
|
|
|
|
36,165 |
105.7678 ZAR |
|
|
|
|
282 |
105.9021 ZAR |
|
|
|
|
6,293 |
105.9275 ZAR |
|
|
|
|
1,880 |
105.9412 ZAR |
|
|
|
|
2,505 |
105.9917 ZAR |
|
|
|
|
137 |
106.0149 ZAR |
|
|
|
|
|
||
|
|
|
6,746 |
4.8008 GBP |
|
|
|
|
1,421 |
4.8046 GBP |
|
|
|
|
19,069 |
4.8048 GBP |
|
|
|
|
157,000 |
4.8092 GBP |
|
|
|
|
4,777 |
4.8095 GBP |
|
|
|
|
2,165 |
4.8102 GBP |
|
|
|
|
95 |
4.8103 GBP |
|
|
|
|
510 |
4.8110 GBP |
|
|
|
|
58,320 |
4.8111 GBP |
|
|
|
|
465 |
4.8132 GBP |
|
|
|
|
2,257 |
4.8156 GBP |
|
|
|
|
4,423 |
4.8182 GBP |
|
|
|
|
10,121 |
105.1914 ZAR |
|
|
|
|
1,657 |
105.9000 ZAR |
|
|
|
|
6,293 |
105.9275 ZAR |
|
|
|
|
1,880 |
105.9412 ZAR |
|
|
|
|
6,794 |
105.9522 ZAR |
|
|
|
|
12,301 |
105.9600 ZAR |
|
|
|
|
2,505 |
105.9916 ZAR |
|
|
|
|
5,574 |
105.9958 ZAR |
|
|
|
|
86 |
106.0000 ZAR |
|
|
|
|
51 |
106.0400 ZAR |
|
|
|
|
|
||
|
|
|
3,102 |
4.8075 GBP |
|
|
|
|
21,107 |
4.8085 GBP |
|
|
|
|
1,412 |
4.8097 GBP |
|
|
|
|
2,049 |
4.8098 GBP |
|
|
|
|
155,458 |
4.8099 GBP |
|
|
|
|
249,839 |
4.8105 GBP |
|
|
|
|
14,457 |
4.8112 GBP |
|
|
|
|
684 |
4.8134 GBP |
|
|
|
|
4,469 |
4.8166 GBP |
|
|
|
|
593 |
105.7067 ZAR |
|
|
|
|
3,905 |
105.8631 ZAR |
|
|
|
|
7,002 |
105.8890 ZAR |
|
|
|
|
24,897 |
105.9235 ZAR |
|
|
|
|
1,288 |
105.9664 ZAR |
|
|
|
|
8,401 |
105.9800 ZAR |
|
|
|
|
|
||
|
|
|
222,572 |
4.8083 GBP |
|
|
|
|
41,067 |
4.8085 GBP |
|
|
|
|
8,588 |
4.8093 GBP |
|
|
|
|
2,020 |
4.8105 GBP |
|
|
|
|
19,574 |
4.8107 GBP |
|
|
|
|
389 |
4.8110 GBP |
|
|
|
|
13,491 |
4.8113 GBP |
|
|
|
|
17,285 |
4.8149 GBP |
|
|
|
|
11,880 |
4.8171 GBP |
|
|
|
|
94,116 |
4.8201 GBP |
|
|
|
|
593 |
105.7279 ZAR |
|
|
|
|
3,905 |
105.8631 ZAR |
|
|
|
|
7,002 |
105.8890 ZAR |
|
|
|
|
790 |
105.9450 ZAR |
|
|
|
|
495 |
106.0000 ZAR |
|
|
|
|
3 |
106.0433 ZAR |
|
|
|
|
|
||
|
|
|
6,085 |
105.9000 ZAR |
|
|
|
|
14,906 |
105.9461 ZAR |
|
|
|
|
790 |
105.9794 ZAR |
|
|
|
|
|
||
|
|
|
17,190 |
105.9056 ZAR |
|
|
|
|
1,214 |
105.9244 ZAR |
|
|
|
|
3,482 |
105.9529 ZAR |
|
|
|
|
790 |
105.9794 ZAR |
|
|
|
|
8,401 |
105.9800 ZAR |
|
|
OTC Accumulator |
Increase Long
|
3,011
1,899.8300
2,852.1520
|
106.0000 ZAR
2.530 GBP
2.530 GBP |
(c) Stock-settled derivative transactions (including options)
(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) Exercise
|
Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
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) |
|
|
|
|
|
3. 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: Irrevocable commitments and letters of intent should not be included. 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
|
Date of disclosure: |
22 January 2026 |
Contact name: |
Hetvi Shah |
Telephone number: |
44 2034 936359 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
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.