Glencore PLC — Major Shareholding Notification 2013

May 7, 2013

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1490E

Glencore Xstrata PLC

07 May 2013

For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				GLENCORE XSTRATA PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached					No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments					No
An event changing the breakdown of voting rights					No
Other (please specify):					No
3. Full name of person(s) subject to the notification obligation: iii		Qatar Holding LLC Qatar Investment Authority (as parent undertaking only)
4. Full name of shareholder(s) (if different from 3.):iv		Qatar Holding LLC
5. Date of the transaction and date on which the threshold is crossed or reached: v		02 May 2013
6. Date on which issuer notified:		07 May 2013
7. Threshold(s) that is/are crossed or reached: vi, vii

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction					Resulting situation after the triggering transaction
Number of Shares			Number of Voting Rights		Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct			Indirect
USD 0.01 Ordinary Shares JE00B4T3BW64	N/A			N/A		1,080,779,642		1,080,779,642		1,080,779,642	8.149%			N/A
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii		Exercise/ Conversion Period xiv				Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
N/A			N/A		N/A				N/A				N/A
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii		Exercise/ Conversion period xviii		Number of voting rights instrument refers to				% of voting rights xix, xx
Options on ordinary shares		N/A		Dates starting 28 May 2012 and ending 04 June 2013		N/A		6,147,849 (after delta adjustment)				Nominal			Delta
See section 13.			0.046%
Total (A+B+C)
Number of voting rights							Percentage of voting rights
1,080,779,642							8.195%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Qatar Holding LLC is the beneficial holder of the specified shares and voting rights in Glencore Xstrata PLC. Qatar Holding LLC is established as a limited liability company in the Qatar Financial Centre and is licensed by the QFC Authority under License No. 00004.  Qatar Holding LLC is wholly-owned by Qatar Investment Authority ("QIA") and makes this notification on behalf of itself and QIA.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	As a result of the completion of the all share merger between Xstrata PLC ("Xstrata") and Glencore International PLC ("Glencore"), Qatar Holding LLC received 1,080,779,642 shares in the merged company Glencore Xstrata PLC in exchange for its holding of 354,353,981 shares in Xstrata. On a nominal basis the voting rights underlying the options on ordinary shares total 17,079,941. The voting rights underlying the options on ordinary shares have been re-calculated on a delta-adjusted basis, as permitted by the Financial Conduct Authority's (the "FCA") Disclosure and Transparency Rules (the "DTRs"). As required under the FCA DTRs, this notification has been prepared using the total voting rights figure of 13,263,405,466 as set out in the public announcement made by Glencore Xstrata PLC dated 02 May 2013.
14. Contact name:	Mr. Ahmad Al-Sayed, Managing Director & CEO of Qatar Holding LLC
15. Contact telephone number:	+974.4499.5806

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLNKODNNBKDNPK