REG-BARCLAYS PLC Form 8.5 (EPT/NON-RI) - SCHNEIDER ELECTRIC SA - Amendment

Thu Aug 15, 2013 10:38am EDT

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Form 8.5 (EPT/NON-RI) - SCHNEIDER ELECTRIC SA - Amendment

FORM 8.5 (EPT/NON-RI) AMENDMENT

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:  

BARCLAYS CAPITAL SECURITIES LTD

 

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

 

SCHNEIDER ELECTRIC SA

(c) Name of the party to the offer with which exempt principal trader is connected:

 

Advisor to Offeree

(d) Date position held/dealing undertaken:  

13 August 2013

(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?

 

YES: INVENSYS PLC

 

2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(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:       ORD            
Interests Short Positions
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,225,479 0.22% 901,001 0.16%
           
(2) Derivatives (other than
options): 1,725,017 0.31% 1,461,713 0.26%
           
(3) Options and agreements to
purchase/sell: 1,329,900 0.24% 1,740,000 0.31%
           
(4) TOTAL:
4,280,396 0.76% 4,102,714 0.73%

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).

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

3. DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a) Purchases and sales

Class of relevant   Purchase/sale   Number of   Price per unit
security   securities  
ORD Purchase 36 60.8900 EUR
ORD Purchase 75 61.1200 EUR
ORD Purchase 100 61.0400 EUR
ORD Purchase 471 60.9294 EUR
ORD Purchase 649 60.8078 EUR
ORD Purchase 767 60.9392 EUR
ORD Purchase 978 61.0571 EUR
ORD Purchase 1,075 61.1379 EUR
ORD Purchase 1,314 61.1651 EUR
ORD Purchase 1,820 61.0638 EUR
ORD Purchase 2,845 61.1481 EUR
ORD Purchase 3,149 61.2191 EUR
ORD Purchase 3,975 61.0000 EUR
ORD Purchase 5,564 61.3573 EUR
ORD Purchase 6,195 60.9751 EUR
ORD Purchase 10,494 61.0060 EUR
ORD Purchase 14,161 61.0767 EUR
ORD Purchase 14,400 61.0918 EUR
ORD Purchase 100,000 60.8680 EUR
ORD Sale 100 61.0400 EUR
ORD Sale 227 60.8198 EUR
ORD Sale 256 61.1147 EUR
ORD Sale 284 60.8366 EUR
ORD Sale 380 61.0500 EUR
ORD Sale 409 60.9425 EUR
ORD Sale 422 60.8013 EUR
ORD Sale 553 60.9445 EUR
ORD Sale 620 61.1052 EUR
ORD Sale 723 61.0000 EUR
ORD Sale 772 61.1515 EUR
ORD Sale 803 60.8590 EUR
ORD Sale 820 61.2846 EUR
ORD Sale 2,111 61.1432 EUR
ORD Sale 2,550 16.1774 USD
ORD Sale 2,550 60.9852 EUR
ORD Sale 3,007 61.0908 EUR
ORD Sale 3,175 60.8374 EUR
ORD Sale 3,339 61.0468 EUR
ORD Sale 4,627 61.0760 EUR
ORD Sale 6,519 60.8924 EUR
ORD Sale 11,253 61.0230 EUR
ORD Sale 22,461 60.8536 EUR
ORD Sale 40,945 60.8733 EUR
ORD Sale 54,704 60.9430 EUR
ORD Sale 54,886 61.2000 EUR
ORD (traded as ADR) Purchase 182 16.2630 USD
ORD (traded as ADR) Purchase 425 16.1774 USD
ORD (traded as ADR) Purchase 1,678 16.2470 USD
ORD (traded as ADR) Purchase 1,678 16.2900 USD
ORD (traded as ADR) Sale 182 16.2630 USD
ORD (traded as ADR) Sale 2,550 16.1774 USD
ORD (traded as ADR) Sale 3,356 16.2900 USD

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD SWAP Long 11 60.9645 EUR
ORD SWAP Long 2,228 61.1320 EUR
ORD SWAP Long 4,100 61.0000 EUR
ORD SWAP Long 5,096 60.9215 EUR
ORD CFD Long 15,769 61.0210 EUR
ORD SWAP Short 471 60.9294 EUR
ORD CFD Short 2,185 61.7239 EUR
ORD CFD Long 425 16.1774 USD
ORD SWAP Short 3,149 61.2191 EUR
ORD SWAP Short 4,086 61.0987 EUR
ORD SWAP Short 4,100 61.0000 EUR
ORD CFD Short 10,494 61.0060 EUR
ORD SWAP Short 12,372 61.0362 EUR

(c) Options transactions in respect of existing securities

(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) Exercising

Class of relevant security   Product description

e.g. call option

  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)

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(b), 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 exempt principal trader 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 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?  

YES

 

Date of disclosure:  

15 Aug 2013

Contact name:

Rajesh Muthanna

Telephone number:

020 3555 4634

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 monitoring@disclosure.org.uk. 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.

143221.01

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:  

BARCLAYS CAPITAL SECURITIES LTD

Name of offeror/offeree in relation to whose relevant securities the disclosure relates:

SCHNEIDER ELECTRIC SA

2. OPTIONS AND DERIVATIVES

Class   Product   Writing,   Number   Exercise   Type   Expiry
of description purchasing, of price date
relevant selling, securities per unit
security varying etc to which
option
      relates      
ORD Futures Purchased 140,000 1.3340   20 Dec 2013
ORD Futures Selling -90,000 1.5200   20 Dec 2013
ORD Put Options Written -300,000 57.7500 European 18 Dec 2015
ORD Call Options Written -250,000 57.7500 European 18 Dec 2015
ORD Put Options Purchased 150,000 38.0000 American 20 Jun 2014
ORD Put Options Purchased 25,000 42.0000 American 20 Dec 2013
ORD Put Options Purchased 25,000 43.0000 American 20 Dec 2013
ORD Put Options Purchased 125,000 44.0000 American 20 Dec 2013
ORD Put Options Purchased 200,000 48.0000 American 20 Dec 2013
ORD Put Options Purchased 100,000 50.0000 American 20 Dec 2013
ORD Put Options Purchased 100,000 56.0000 American 20 Dec 2013
ORD Put Options Purchased 15,000 58.0000 American 16 Aug 2013
ORD Put Options Written -200,000 42.0000 American 20 Dec 2013
ORD Put Options Written -200,000 48.0000 American 20 Dec 2013
ORD Put Options Written -100,000 50.0000 American 20 Dec 2013
ORD Put Options Written -100,000 50.0000 American 19 Dec 2014
ORD Put Options Written -100,000 52.0000 American 20 Dec 2013
ORD Put Options Written -50,000 60.0000 American 20 Sep 2013
ORD Call Options Purchased 50,000 52.0000 American 20 Dec 2013
ORD Call Options Purchased 149,900 58.0000 American 16 Aug 2013
ORD Call Options Purchased 150,000 60.0000 American 20 Sep 2013
ORD Call Options Purchased 100,000 64.0000 American 20 Dec 2013
ORD Call Options Written -50,000 48.0000 American 20 Dec 2013
ORD Call Options Written -100,000 50.0000 American 20 Dec 2013
ORD Call Options Written -200,000 58.0000 American 16 Aug 2013

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 +44 (0)20 7638 0129.

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

BARCLAYS PLC

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