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

Thu Oct 17, 2013 6:40am 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: 16 October 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: 1,621,072 0.29% 1,352,608 0.24%
           
(2) Derivatives (other than
options): 2,160,773 0.39% 1,366,839 0.24%
           
(3) Options and agreements to
purchase/sell: 1,115,000 0.20% 1,690,000 0.30%
           
TOTAL:
4,896,845 0.87% 4,409,447 0.79%

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 25 61.4160 EUR
ORD Purchase 25 61.4790 EUR
ORD Purchase 33 61.3090 EUR
ORD Purchase 33 61.3190 EUR
ORD Purchase 33 61.3600 EUR
ORD Purchase 34 61.1250 EUR
ORD Purchase 40 61.6400 EUR
ORD Purchase 48 61.6100 EUR
ORD Purchase 56 61.2950 EUR
ORD Purchase 56 61.3290 EUR
ORD Purchase 56 61.3450 EUR
ORD Purchase 58 61.5300 EUR
ORD Purchase 65 61.4700 EUR
ORD Purchase 72 61.5850 EUR
ORD Purchase 78 61.2700 EUR
ORD (traded as ADR) Purchase 80 16.6300 USD
ORD Purchase 98 61.4770 EUR
ORD Purchase 98 61.4800 EUR
ORD Purchase 106 61.2600 EUR
ORD Purchase 112 61.1340 EUR
ORD Purchase 114 61.1300 EUR
ORD Purchase 115 61.5900 EUR
ORD Purchase 134 61.1240 EUR
ORD Purchase 144 61.3200 EUR
ORD Purchase 144 61.5650 EUR
ORD Purchase 155 61.1350 EUR
ORD Purchase 159 61.2640 EUR
ORD Purchase 159 61.3050 EUR
ORD Purchase 170 61.2000 EUR
ORD Purchase 174 61.1600 EUR
ORD Purchase 190 61.2900 EUR
ORD Purchase 200 61.3250 EUR
ORD Purchase 216 61.5100 EUR
ORD Purchase 218 61.5700 EUR
ORD Purchase 254 61.3400 EUR
ORD Purchase 255 61.1400 EUR
ORD Purchase 264 61.4100 EUR
ORD Purchase 265 61.1900 EUR
ORD Purchase 284 61.1700 EUR
ORD Purchase 288 61.5500 EUR
ORD Purchase 300 61.2400 EUR
ORD Purchase 300 61.5400 EUR
ORD Purchase 313 61.3100 EUR
ORD Purchase 337 61.4150 EUR
ORD Purchase 363 61.4597 EUR
ORD Purchase 374 61.5282 EUR
ORD Purchase 396 61.6700 EUR
ORD Purchase 400 61.3500 EUR
ORD Purchase 516 61.5200 EUR
ORD Purchase 530 61.1200 EUR
ORD Purchase 568 61.1450 EUR
ORD Purchase 672 61.1800 EUR
ORD Purchase 706 61.3000 EUR
ORD Purchase 731 61.5600 EUR
ORD Purchase 773 61.3918 EUR
ORD Purchase 1,459 61.1500 EUR
ORD Purchase 1,793 61.4200 EUR
ORD Purchase 2,078 61.5800 EUR
ORD Purchase 2,225 61.5962 EUR
ORD Purchase 2,227 61.5114 EUR
ORD Purchase 3,102 61.4325 EUR
ORD Purchase 4,861 61.4915 EUR
ORD Purchase 5,943 61.4487 EUR
ORD Purchase 7,163 61.5499 EUR
ORD Purchase 8,142 61.4522 EUR
ORD Purchase 8,405 61.5823 EUR
ORD Purchase 10,323 61.4634 EUR
ORD Purchase 16,611 61.2213 EUR
ORD Purchase 22,884 61.5167 EUR
ORD Purchase 24,308 61.4697 EUR
ORD Purchase 32,311 61.4288 EUR
ORD Purchase 42,464 62.1000 EUR
ORD Purchase 262,866 61.4307 EUR
ORD Sale 25 61.4160 EUR
ORD Sale 25 61.4790 EUR
ORD Sale 33 61.3090 EUR
ORD Sale 33 61.3190 EUR
ORD Sale 33 61.3600 EUR
ORD Sale 34 61.1250 EUR
ORD Sale 40 61.6400 EUR
ORD Sale 48 61.6100 EUR
ORD Sale 50 61.4150 EUR
ORD Sale 56 61.2950 EUR
ORD Sale 56 61.3290 EUR
ORD Sale 56 61.3450 EUR
ORD Sale 58 61.5300 EUR
ORD Sale 65 61.4700 EUR
ORD Sale 72 61.5850 EUR
ORD Sale 78 61.2700 EUR
ORD (traded as ADR) Sale 80 16.6300 USD
ORD Sale 98 61.4770 EUR
ORD Sale 98 61.4800 EUR
ORD Sale 106 61.2600 EUR
ORD Sale 112 61.1340 EUR
ORD Sale 114 61.1300 EUR
ORD Sale 115 61.5900 EUR
ORD Sale 134 61.1240 EUR
ORD Sale 144 61.3200 EUR
ORD Sale 150 61.2448 EUR
ORD Sale 155 61.1350 EUR
ORD Sale 159 61.2640 EUR
ORD Sale 159 61.3050 EUR
ORD Sale 170 61.2000 EUR
ORD Sale 174 61.1600 EUR
ORD Sale 179 61.5650 EUR
ORD Sale 190 61.2900 EUR
ORD Sale 200 61.3250 EUR
ORD Sale 216 61.5100 EUR
ORD Sale 218 61.5700 EUR
ORD Sale 254 61.3400 EUR
ORD Sale 255 61.1400 EUR
ORD Sale 265 61.1900 EUR
ORD Sale 284 61.1700 EUR
ORD Sale 288 61.5500 EUR
ORD Sale 296 62.2400 EUR
ORD Sale 300 61.2400 EUR
ORD Sale 300 61.5400 EUR
ORD Sale 313 61.3100 EUR
ORD Sale 396 61.6700 EUR
ORD Sale 400 16.6300 USD
ORD Sale 400 61.3500 EUR
ORD Sale 404 61.5477 EUR
ORD Sale 458 61.4499 EUR
ORD Sale 516 61.5200 EUR
ORD Sale 530 61.1200 EUR
ORD Sale 550 61.4776 EUR
ORD Sale 568 61.1450 EUR
ORD Sale 672 61.1800 EUR
ORD Sale 706 61.3000 EUR
ORD Sale 747 61.5600 EUR
ORD Sale 985 62.0596 EUR
ORD Sale 1,459 61.1500 EUR
ORD Sale 1,793 61.4200 EUR
ORD Sale 1,955 61.2210 EUR
ORD Sale 2,078 61.5800 EUR
ORD Sale 2,418 61.4552 EUR
ORD Sale 2,737 61.6756 EUR
ORD Sale 2,916 61.6186 EUR
ORD Sale 2,950 61.4185 EUR
ORD Sale 3,887 61.3091 EUR
ORD Sale 5,311 61.5648 EUR
ORD Sale 5,374 61.3007 EUR
ORD Sale 5,875 61.4100 EUR
ORD Sale 8,607 61.5788 EUR
ORD Sale 12,851 61.6331 EUR
ORD Sale 13,429 61.3242 EUR
ORD Sale 14,435 61.6124 EUR
ORD Sale 17,482 61.5458 EUR
ORD Sale 19,825 61.5478 EUR
ORD Sale 29,733 61.4088 EUR
ORD Sale 200,000 61.4274 EUR

(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 192 62.0729 EUR
ORD SWAP Long 400 61.5907 EUR
ORD SWAP Long 1,895 61.5218 EUR
ORD SWAP Long 2,418 61.4552 EUR
ORD SWAP Long 6,763 61.5594 EUR
ORD SWAP Long 11,791 61.7231 EUR
ORD SWAP Long 12,298 61.5788 EUR
ORD CFD Short 8 62.0275 EUR
ORD SWAP Short 150 61.5372 EUR
ORD SWAP Short 4,762 61.4150 EUR
ORD SWAP Short 5,725 61.4106 EUR
ORD SWAP Short 7,837 61.4472 EUR
ORD SWAP Short 12,310 61.4465 EUR
ORD SWAP Short 29,454 61.4637 EUR
ORD CFD Short 15,220 61.4380 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: 17 Oct 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 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 Call Options Purchased 50,000 52.0000 American 20 Dec 2013
ORD Call Options Purchased 100,000 64.0000 American 20 Dec 2013
ORD Call Options Purchased 100,000 68.0000 American 20 Jun 2014
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 -100,000 60.0000 American 18 Oct 2013
ORD Call Options Written -100,000 68.0000 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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