REG-BARCLAYS PLC FORM 8.5 (EPT/NON-RI) Schneider Electric SA

Mon Dec 23, 2013 7:15am EST

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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: 20 December 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: 2,032,487 0.36% 1,437,247 0.26%
           
(2) Derivatives (other than
options): 1,859,527 0.34% 571,133 0.10%
           
(3) Options and agreements to
purchase/sell: 682,000 0.12% 869,000 0.16%
           
(4) TOTAL:
4,574,014 0.82% 2,877,380 0.51%

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 6 61.5410 EUR
ORD Purchase 16 61.5000 EUR
ORD Purchase 23 61.3300 EUR
ORD Purchase 23 61.4000 EUR
ORD Purchase 44 61.1640 EUR
ORD Purchase 44 61.2700 EUR
ORD Purchase 44 61.4750 EUR
ORD Purchase 44 61.5200 EUR
ORD Purchase 44 61.5550 EUR
ORD Purchase 44 61.5600 EUR
ORD Purchase 44 61.6010 EUR
ORD Purchase 49 61.5450 EUR
ORD Purchase 51 61.7900 EUR
ORD Purchase 58 61.6200 EUR
ORD Purchase 58 61.6400 EUR
ORD Purchase 70 61.5500 EUR
ORD Purchase 75 62.0550 EUR
ORD Purchase 75 62.0850 EUR
ORD Purchase 110 61.4700 EUR
ORD Purchase 112 62.1100 EUR
ORD Purchase 122 62.0650 EUR
ORD Purchase 127 61.5900 EUR
ORD Purchase 150 61.1147 EUR
ORD Purchase 189 61.3477 EUR
ORD Purchase 221 61.3100 EUR
ORD Purchase 232 62.1400 EUR
ORD Purchase 249 61.6000 EUR
ORD Purchase 252 62.0800 EUR
ORD Purchase 262 62.0600 EUR
ORD Purchase 361 62.0700 EUR
ORD Purchase 367 61.5300 EUR
ORD Purchase 447 61.5400 EUR
ORD Purchase 457 61.5838 EUR
ORD Purchase 500 61.2200 EUR
ORD Purchase 505 62.0500 EUR
ORD Purchase 511 61.4900 EUR
ORD Purchase 539 62.1800 EUR
ORD Purchase 616 61.5700 EUR
ORD Purchase 790 61.5505 EUR
ORD Purchase 900 61.5671 EUR
ORD Purchase 960 16.8800 USD
ORD Purchase 1,046 61.5760 EUR
ORD Purchase 1,081 61.6100 EUR
ORD Purchase 2,518 61.8632 EUR
ORD Purchase 3,550 62.0682 EUR
ORD Purchase 3,846 61.6511 EUR
ORD Purchase 4,372 61.7057 EUR
ORD Purchase 5,000 61.7800 EUR
ORD Purchase 5,000 62.0334 EUR
ORD Purchase 7,917 62.0286 EUR
ORD Purchase 18,359 61.6422 EUR
ORD Purchase 19,152 61.6555 EUR
ORD Purchase 27,620 62.0000 EUR
ORD Purchase 42,115 62.0100 EUR
ORD Purchase 50,000 48.0000 EUR
ORD Purchase 66,313 61.7715 EUR
ORD Purchase 100,000 52.0000 EUR
ORD Purchase 202,037 62.0076 EUR
ORD Purchase 1,166 62.0100 EUR
ORD (traded as ADR) Purchase 5 16.9400 USD
ORD (traded as ADR) Purchase 27 16.9572 USD
ORD (traded as ADR) Purchase 192 16.8800 USD
ORD (traded as ADR) Purchase 201 16.9399 USD
ORD (traded as ADR) Purchase 581 16.8120 USD
ORD (traded as ADR) Sale 11 16.9800 USD
ORD (traded as ADR) Sale 20 16.9400 USD
ORD (traded as ADR) Sale 192 16.8800 USD
ORD (traded as ADR) Sale 201 16.9399 USD
ORD Sale 6 61.5410 EUR
ORD Sale 11 61.2100 EUR
ORD Sale 16 61.5000 EUR
ORD Sale 23 61.3300 EUR
ORD Sale 23 61.4000 EUR
ORD Sale 44 61.1640 EUR
ORD Sale 44 61.2700 EUR
ORD Sale 44 61.4750 EUR
ORD Sale 44 61.5200 EUR
ORD Sale 44 61.5550 EUR
ORD Sale 44 61.5600 EUR
ORD Sale 44 61.6010 EUR
ORD Sale 49 61.5450 EUR
ORD Sale 51 61.7900 EUR
ORD Sale 58 61.6200 EUR
ORD Sale 58 61.6400 EUR
ORD Sale 70 61.5500 EUR
ORD Sale 75 62.0550 EUR
ORD Sale 75 62.0850 EUR
ORD Sale 110 61.4700 EUR
ORD Sale 112 62.1100 EUR
ORD Sale 122 62.0650 EUR
ORD Sale 127 61.5900 EUR
ORD Sale 150 61.1147 EUR
ORD Sale 184 61.6450 EUR
ORD Sale 221 61.3100 EUR
ORD Sale 232 62.1400 EUR
ORD Sale 249 61.6000 EUR
ORD Sale 252 62.0800 EUR
ORD Sale 262 62.0600 EUR
ORD Sale 312 61.7475 EUR
ORD Sale 361 62.0700 EUR
ORD Sale 367 61.5300 EUR
ORD Sale 447 61.5400 EUR
ORD Sale 505 62.0500 EUR
ORD Sale 511 61.4900 EUR
ORD Sale 514 61.7105 EUR
ORD Sale 616 61.5700 EUR
ORD Sale 829 61.8602 EUR
ORD Sale 994 61.9682 EUR
ORD Sale 1,007 16.9399 USD
ORD Sale 1,011 62.1800 EUR
ORD Sale 1,081 61.6100 EUR
ORD Sale 1,160 61.5990 EUR
ORD Sale 1,540 62.1102 EUR
ORD Sale 1,612 61.8933 EUR
ORD Sale 1,746 61.6897 EUR
ORD Sale 2,386 61.6258 EUR
ORD Sale 2,553 62.0668 EUR
ORD Sale 3,530 62.0117 EUR
ORD Sale 3,682 61.8229 EUR
ORD Sale 9,526 61.5654 EUR
ORD Sale 15,690 61.5611 EUR
ORD Sale 22,569 61.5100 EUR
ORD Sale 27,666 62.0100 EUR
ORD Sale 32,500 61.7327 EUR
ORD Sale 36,965 61.7685 EUR
ORD Sale 50,000 52.0000 EUR
ORD Sale 55,120 62.0000 EUR
ORD Sale 75,000 60.0000 EUR
ORD Sale 100,000 48.0000 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 208 61.6907 EUR
ORD CFD Long 1,412 62.0125 EUR
ORD SWAP Long 3,322 62.0317 EUR
ORD CFD Long 5,325 62.1186 EUR
ORD CFD Long 12,020 61.3675 EUR
ORD SWAP Short 3 48.7000 EUR
ORD CFD Short 7 62.0157 EUR
ORD SWAP Short 15 50.0000 EUR
ORD CFD Short 26 62.0150 EUR
ORD CFD Short 33 62.0151 EUR
ORD CFD Short 56 62.0153 EUR
ORD CFD Short 276 61.7880 EUR
ORD SWAP Short 457 61.5838 EUR
ORD SWAP Short 611 61.3391 EUR
ORD CFD Short 1,046 61.5760 EUR
ORD CFD Short 201,028 62.0152 EUR

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class   Product   Writing,   Number   Exercise   Type   Expiry   Option
of description purchasing, of price date money
relevant selling, securities per unit paid/
security varying etc to which received
option per unit
      relates        
ORD Call Options Purchasing 50,000 48 EUR American 20 Dec 2013 TRANSFER
ORD Call Options Purchasing 75,000 60 EUR American 20 Dec 2013 TRANSFER
ORD Call Options Purchasing 55,000 62 EUR American 20 Dec 2013 TRANSFER
ORD Call Options Purchasing 50,000 64 EUR American 20 Dec 2013 TRANSFER
ORD Call Options Selling 50,000 52 EUR American 20 Dec 2013 TRANSFER
ORD Call Options Selling 55,000 64 EUR American 20 Dec 2013 TRANSFER
ORD Put Options Purchasing 200,000 42 EUR American 20 Dec 2013 TRANSFER
ORD Put Options Purchasing 50,000 48 EUR American 20 Dec 2013 TRANSFER
ORD Put Options Purchasing 100,000 52 EUR American 20 Dec 2013 TRANSFER
ORD Put Options Selling 125,000 44 EUR American 20 Dec 2013 TRANSFER
ORD Put Options Selling 200,000 48 EUR American 20 Dec 2013 TRANSFER
ORD Put Options Selling 100,000 56 EUR American 20 Dec 2013 TRANSFER

(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 Dec 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 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 100,000 48.0000 American 19 Dec 2014
ORD Put Options Written -100,000 50.0000 American 19 Dec 2014
ORD Put Options Written -50,000 52.0000 American 19 Dec 2014
ORD Call Options Purchased 63,700 60.0000 American 21 Feb 2014
ORD Call Options Purchased 75,000 60.0000 American 19 Dec 2014
ORD Call Options Purchased 50,000 64.0000 American 19 Dec 2014
ORD Call Options Purchased 43,300 68.0000 American 17 Jan 2014
ORD Call Options Purchased 100,000 68.0000 American 20 Jun 2014
ORD Call Options Purchased 100,000 80.0000 American 19 Dec 2014
ORD Call Options Written -119,000 60.0000 American 21 Feb 2014
ORD Call Options Written -50,000 64.0000 American 19 Dec 2014

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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