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

Fri Aug 23, 2013 7:07am EDT

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

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:   BARCLAYS CAPITAL SECURITIES LTD
(b) Name of offeror/offeree in relation to whose

SCHNEIDER ELECTRIC SA

  relevant securities this form relates:  
(c) Name of the party to the offer with which exempt Advisor to Offeree
  principal trader is connected  
(d) Date position held/dealing undertaken: 22 August 2013
(e) Has the EPT previously disclosed, or is it YES:
today disclosing, under the Code in respect INVENSYS PLC
  of any other party to this offer?  

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: 1,346,574 0.24% 888,584 0.16%
           
(2) Derivatives (other than
options): 1,711,804 0.31% 1,459,285 0.26%
           
(3) Options and agreements to
purchase/sell: 1,165,000 0.21% 1,540,000 0.27%
           
(4) TOTAL:
4,223,378 0.75% 3,887,869 0.69%

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 233 59.9800 EUR
ORD Purchase 459 60.1352 EUR
ORD Purchase 525 60.2300 EUR
ORD Purchase 1,182 59.9787 EUR
ORD Purchase 1,388 59.9054 EUR
ORD Purchase 1,752 60.1358 EUR
ORD Purchase 2,663 60.0892 EUR
ORD Purchase 2,869 60.1112 EUR
ORD Purchase 12,667 60.0225 EUR
ORD Purchase 15,184 60.0937 EUR
ORD Purchase 15,424 60.1543 EUR
ORD Purchase 16,820 60.1900 EUR
ORD Purchase 86,748 60.1476 EUR
ORD (traded as ADR) Purchase 11 16.0300 USD
ORD (traded as ADR) Purchase 25 16.0000 USD
ORD (traded as ADR) Purchase 106 15.9458 USD
ORD (traded as ADR) Sale 11 16.0300 USD
ORD (traded as ADR) Sale 25 16.0000 USD
ORD (traded as ADR) Sale 106 15.9458 USD
ORD Sale 50 59.9400 EUR
ORD Sale 91 59.9994 EUR
ORD Sale 139 59.9935 EUR
ORD Sale 143 60.0738 EUR
ORD Sale 173 60.0515 EUR
ORD Sale 531 15.9458 USD
ORD Sale 774 60.0438 EUR
ORD Sale 855 60.0106 EUR
ORD Sale 1,115 60.1678 EUR
ORD Sale 1,486 60.0785 EUR
ORD Sale 2,020 60.1413 EUR
ORD Sale 2,164 60.1275 EUR
ORD Sale 3,435 60.0533 EUR
ORD Sale 4,125 60.1900 EUR
ORD Sale 4,551 60.0402 EUR
ORD Sale 6,803 60.1361 EUR
ORD Sale 11,359 60.0246 EUR
ORD Sale 11,845 60.0743 EUR
ORD Sale 14,629 60.0535 EUR
ORD Sale 21,087 60.1011 EUR

(b) Derivatives transactions (other than options)

Class of   Product   Nature of dealing   Number of   Price per
relevant description reference unit
security     securities  
ORD CFD Long 91 59.9994 EUR
ORD SWAP Long 241 59.8909 EUR
ORD SWAP Long 1,115 60.1678 EUR
ORD SWAP Long 1,259 60.1988 EUR
ORD SWAP Long 4,551 60.0402 EUR
ORD SWAP Long 7,880 60.1238 EUR
ORD CFD Short 169 60.3790 EUR
ORD CFD Short 380 60.0135 EUR
ORD SWAP Short 1,261 60.0281 EUR
ORD SWAP Short 5,613 60.1311 EUR
ORD CFD Short 15,424 60.1543 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:  

23 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.

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 the person whose positions/dealings   BARCLAYS CAPITAL SECURITIES LTD
are being disclosed:  
Name of offeror/offeree in relation to whose SCHNEIDER ELECTRIC SA
relevant securities this from relates:  

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 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 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

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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