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| Date | 23 Jan 2026 |
| Time | 11:46:38 |
| Category | Holding(s) in company |
| ID | 1935Q |
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: |
J.P. Morgan Equities South Africa Proprietary Limited |
|
(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 position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure |
22 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 the offer? If it is a cash offer or possible cash offer, state "N/A" |
Yes, Rio Tinto plc and Rio Tinto Limited |
2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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.
(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:
|
Ordinary NPV |
|||
|
|
Interests |
Short positions |
||
|
Number |
% |
Number |
% |
|
|
(1) Relevant securities owned and/or controlled: |
4,236,798 |
0.04 |
2,369,729 |
0.02 |
|
(2) Cash-settled derivatives:
|
1,359,131 |
0.01 |
3,914,185 |
0.03 |
|
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: |
0 |
0.00 |
0 |
0.00 |
|
TOTAL: |
5,595,929 |
0.05 |
6,283,914 |
0.05 |
All interests and all short positions should be disclosed.
Details of any open stock-settled derivative positions (including traded options), 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 employee options)
|
Class of relevant security in relation to which subscription right exists: |
|
|
Details, including nature of the rights concerned and relevant percentages: |
|
3. DEALINGS (IF ANY) 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 3(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 |
201,812 |
110.0500 ZAR |
106.5900 ZAR |
Sale |
|
|
|
(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 |
750 |
106.7500 ZAR |
|
|
|
800 |
106.7600 ZAR |
|
|
|
|
2,445 |
106.9854 ZAR |
|
|
|
|
4,010 |
106.9966 ZAR |
|
|
|
|
870 |
106.9969 ZAR |
|
|
|
|
2,672 |
107.0061 ZAR |
|
|
|
|
822 |
107.0107 ZAR |
|
|
|
|
34,383 |
107.7448 ZAR |
|
|
|
|
1,000 |
108.0200 ZAR |
|
|
|
|
491 |
108.1853 ZAR |
|
|
|
|
760 |
108.2300 ZAR |
|
|
|
|
10,844 |
108.2508 ZAR |
|
|
|
|
|
||
|
|
|
3,082 |
107.2121 ZAR |
|
|
|
|
|
||
|
|
|
164 |
106.9400 ZAR |
|
|
|
|
295 |
107.0000 ZAR |
|
|
|
|
1,147 |
109.9900 ZAR |
|
|
|
|
|
||
|
|
|
8,711 |
107.0147 ZAR |
|
|
|
|
19,018 |
107.4337 ZAR |
|
|
|
|
|
||
|
|
|
1,416 |
106.8812 ZAR |
|
|
|
|
2,141 |
106.9000 ZAR |
|
|
|
|
967 |
106.9579 ZAR |
|
|
|
|
6,769 |
107.0063 ZAR |
|
|
|
|
829 |
108.0064 ZAR |
|
|
|
|
17,793 |
108.2430 ZAR |
|
|
|
|
2,258 |
109.9200 ZAR |
|
|
|
|
|
||
|
|
|
6,169 |
106.7564 ZAR |
|
|
|
|
1,163 |
106.7600 ZAR |
|
|
|
|
8,963 |
106.9770 ZAR |
|
|
|
|
7,468 |
108.0494 ZAR |
|
|
|
|
10,960 |
108.1815 ZAR |
|
|
|
|
2,308 |
109.2349 ZAR |
(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) |
|
|
|
|
|
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: 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
|
(c) Attachments
|
Is a Supplemental Form 8 (Open Positions) attached? |
NO |
Date of disclosure: |
23 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 disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.