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

Thu Oct 17, 2013 6:43am 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

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: 15 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)

    Interests   Short Positions
    Number   (%) Number   (%)
(1) Relevant securities owned
and/or controlled: 1,557,019 0.28% 1,392,542 0.25%
           
(2) Derivatives (other than
options): 2,158,731 0.39% 1,324,696 0.24%
           
(3) Options and agreements to
purchase/sell: 1,115,000 0.20% 1,690,000 0.30%
           
(4) TOTAL:
4,830,750 8.87% 4,407,238 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 (traded as ADR) Purchase 1 16.7600 USD
ORD Purchase 6 61.9800 EUR
ORD (traded as ADR) Purchase 8 16.8200 USD
ORD Purchase 26 62.5300 EUR
ORD Purchase 32 62.4650 EUR
ORD Purchase 35 62.3700 EUR
ORD Purchase 39 62.5000 EUR
ORD Purchase 55 62.5200 EUR
ORD Purchase 55 62.5800 EUR
ORD Purchase 80 62.2100 EUR
ORD Purchase 96 62.4500 EUR
ORD Purchase 98 61.9700 EUR
ORD Purchase 111 62.2591 EUR
ORD Purchase 131 62.5513 EUR
ORD Purchase 140 62.5600 EUR
ORD Purchase 144 62.2700 EUR
ORD Purchase 148 62.3600 EUR
ORD Purchase 183 62.3900 EUR
ORD Purchase 183 62.5100 EUR
ORD Purchase 190 62.3500 EUR
ORD Purchase 211 62.2436 EUR
ORD Purchase 349 62.5219 EUR
ORD Purchase 350 62.1800 EUR
ORD Purchase 399 62.3252 EUR
ORD (traded as ADR) Purchase 400 16.7700 USD
ORD Purchase 500 61.9636 EUR
ORD Purchase 518 62.3880 EUR
ORD Purchase 576 62.4196 EUR
ORD Purchase 699 62.3957 EUR
ORD Purchase 882 62.4506 EUR
ORD Purchase 1,693 62.3036 EUR
ORD Purchase 2,000 16.7700 USD
ORD Purchase 2,639 62.0202 EUR
ORD Purchase 2,688 62.2844 EUR
ORD Purchase 3,847 62.3649 EUR
ORD Purchase 5,856 62.3800 EUR
ORD Purchase 10,706 62.3300 EUR
ORD Purchase 11,022 62.3075 EUR
ORD Purchase 15,829 62.3764 EUR
ORD Purchase 27,571 62.3541 EUR
ORD (traded as ADR) Sale 1 16.7600 USD
ORD (traded as ADR) Sale 8 16.8200 USD
ORD Sale 26 62.5300 EUR
ORD Sale 32 62.4650 EUR
ORD Sale 35 62.3700 EUR
ORD Sale 38 62.4700 EUR
ORD Sale 39 62.5000 EUR
ORD Sale 42 16.8200 USD
ORD Sale 55 62.5200 EUR
ORD Sale 55 62.5800 EUR
ORD Sale 80 62.2100 EUR
ORD Sale 96 62.4500 EUR
ORD Sale 128 62.4538 EUR
ORD Sale 140 62.5600 EUR
ORD Sale 144 62.2700 EUR
ORD Sale 148 62.3600 EUR
ORD Sale 183 62.5100 EUR
ORD Sale 196 61.9700 EUR
ORD Sale 197 62.1308 EUR
ORD Sale 269 62.3500 EUR
ORD (traded as ADR) Sale 400 16.7700 USD
ORD Sale 556 62.3437 EUR
ORD Sale 716 62.3214 EUR
ORD Sale 768 62.3800 EUR
ORD Sale 866 62.4248 EUR
ORD Sale 922 62.3790 EUR
ORD Sale 1,089 62.3593 EUR
ORD Sale 1,160 62.4496 EUR
ORD Sale 1,970 62.3917 EUR
ORD Sale 3,116 62.3855 EUR
ORD Sale 3,340 62.3747 EUR
ORD Sale 3,697 62.5243 EUR
ORD Sale 5,515 62.3352 EUR
ORD Sale 9,476 62.3509 EUR
ORD Sale 11,241 62.3142 EUR
ORD Sale 16,092 62.3760 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 38 62.0394 EUR
ORD SWAP Long 374 62.2906 EUR
ORD CFD Long 399 62.3580 EUR
ORD CFD Long 922 62.3790 EUR
ORD SWAP Long 4,417 62.3833 EUR
ORD CFD Short 18 62.3083 EUR
ORD SWAP Short 78 62.3906 EUR
ORD CFD Long 8 16.8200 USD
ORD CFD Short 400 16.7700 USD
ORD CFD Short 2,639 62.0202 EUR
ORD SWAP Short 3,868 62.3617 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.

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