GLENCORE XSTRATA PLC - GLN - Notification of major interest in shares

GLN - Notification of major interest in shares

Glencore Xstrata plc
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
HKSE Share Code: 805HK
ISIN: JE00B4T3BW64

1 May 2014

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]: 28 April 2014
6. Date on which issuer notified: 30 April 2014
7. Threshold(s) that is/are crossed or reached [vi, vii]: Holding is above 9%
8. Notified details:

A: Voting rights attached to shares [viii, ix]
Class/type of shares                 Situation previous                    Resulting situation after the triggering transaction:
if possible using the ISIN CODE      to the triggering transaction:
                                     Number of        Number of            Number           Number of voting               % of voting rights [x]
                                     Shares           Voting Rights        of shares        rights
                                                                           Direct           Direct [xi]    Indirect [xii]   Direct      Indirect
USD 0.01 Ordinary Shares             N/A              N/A                  1,154,700,474    1,154,700,474  1,154,700,474    8.696%      N/A
JE00B4T3BW64

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial      Expiration            Exercise/                   Number of voting                     % of voting
instrument             date [xiii]           Conversion Period [xiv]     rights that may be                   rights
                                                                         acquired if the instrument is
                                                                         exercised/ converted.
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      Exercise price     Expiration date [xvii]     Exercise/                      Number of voting rights      % of voting rights
instrument                                                           Conversion period [xviii]      instrument refers to         [xix, xx]
Options on             N/A                Dates starting             N/A                            43,880,330                   Nominal          Delta
ordinary shares                           09 Oct 2012                                               (after delta adjustment)     See section 13   0.330%  
                                          and ending
                                          12 Feb 2013

Total (A+B+C)
Number of voting rights                   Percentage of voting rights
1,198,580,804                             9.027%

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:
On a nominal basis the voting rights underlying the options on ordinary shares total 124,279,214. 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 13,278,405,466 as set out in the public announcement made by Glencore Xstrata plc.

14. Contact name:
Mr. Ahmad Al-Sayed, Managing Director & CEO of Qatar Holding LLC

15. Contact telephone number:
+974.4499.5806

SPONSOR
Absa Bank Limited (acting through its Corporate and Investment Banking Division)
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