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

Mon Jan 13, 2014 5:58am EST

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

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: 9 January 2014
(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: 1,722,034 0.31% 1,556,972 0.28%
           
(2) Derivatives (other than
options): 1,612,130 0.29% 317,873 0.06%
           
(3) Options and agreements to
purchase/sell: 682,000 0.12% 869,000 0.15%
           
TOTAL:
4,016,164 0.72% 2,743,845 0.49%

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 8 61.7200 EUR
ORD Purchase 22 61.6320 EUR
ORD Purchase 22 61.6840 EUR
ORD Purchase 27 61.7510 EUR
ORD Purchase 37 61.6550 EUR
ORD Purchase 45 61.9080 EUR
ORD Purchase 49 61.8100 EUR
ORD Purchase 49 61.8150 EUR
ORD Purchase 49 61.8550 EUR
ORD Purchase 51 61.7050 EUR
ORD Purchase 57 61.6350 EUR
ORD Purchase 57 61.6860 EUR
ORD Purchase 60 61.7700 EUR
ORD Purchase 76 61.7890 EUR
ORD Purchase 78 61.7750 EUR
ORD Purchase 83 61.7400 EUR
ORD Purchase 84 61.7800 EUR
ORD Purchase 102 61.7010 EUR
ORD Purchase 112 61.6660 EUR
ORD Purchase 115 61.7455 EUR
ORD Purchase 117 61.9500 EUR
ORD Purchase 126 61.6960 EUR
ORD Purchase 126 61.7150 EUR
ORD Purchase 137 61.6400 EUR
ORD Purchase 151 61.7160 EUR
ORD Purchase 203 61.7250 EUR
ORD Purchase 234 61.6810 EUR
ORD Purchase 248 61.6650 EUR
ORD Purchase 248 61.6700 EUR
ORD Purchase 249 61.8090 EUR
ORD Purchase 283 61.7300 EUR
ORD Purchase 295 61.7747 EUR
ORD Purchase 297 61.8329 EUR
ORD Purchase 300 61.6510 EUR
ORD Purchase 311 61.7600 EUR
ORD Purchase 322 61.6540 EUR
ORD Purchase 350 61.6850 EUR
ORD Purchase 352 61.9300 EUR
ORD Purchase 357 61.9600 EUR
ORD Purchase 400 61.6420 EUR
ORD Purchase 412 61.9100 EUR
ORD Purchase 452 61.6950 EUR
ORD Purchase 471 61.6920 EUR
ORD Purchase 473 61.6800 EUR
ORD Purchase 514 61.6520 EUR
ORD Purchase 529 61.7500 EUR
ORD (traded as ADR) Purchase 570 16.8349 USD
ORD Purchase 577 61.6910 EUR
ORD Purchase 685 61.4187 EUR
ORD (traded as ADR) Purchase 972 16.7600 USD
ORD Purchase 1,035 61.7360 EUR
ORD Purchase 1,532 61.9678 EUR
ORD Purchase 1,656 61.6600 EUR
ORD Purchase 2,588 61.7100 EUR
ORD Purchase 2,807 61.6900 EUR
ORD Purchase 2,915 61.7793 EUR
ORD Purchase 3,002 61.7955 EUR
ORD Purchase 3,473 61.7007 EUR
ORD Purchase 5,861 61.7676 EUR
ORD Purchase 7,086 61.7824 EUR
ORD Purchase 9,018 61.7425 EUR
ORD Purchase 9,101 61.7000 EUR
ORD Purchase 9,429 61.7730 EUR
ORD Purchase 11,560 61.7009 EUR
ORD Purchase 16,943 61.7853 EUR
ORD Purchase 53,576 61.7607 EUR
ORD Sale 8 61.7200 EUR
ORD Sale 22 61.6320 EUR
ORD Sale 22 61.6840 EUR
ORD Sale 27 61.7510 EUR
ORD Sale 31 61.7562 EUR
ORD Sale 37 61.6550 EUR
ORD Sale 45 61.9080 EUR
ORD Sale 49 61.8100 EUR
ORD Sale 49 61.8150 EUR
ORD Sale 49 61.8550 EUR
ORD Sale 51 61.7050 EUR
ORD Sale 57 61.6350 EUR
ORD Sale 57 61.6860 EUR
ORD Sale 60 61.7700 EUR
ORD Sale 76 61.7890 EUR
ORD Sale 78 61.7750 EUR
ORD Sale 83 61.7400 EUR
ORD Sale 84 61.7800 EUR
ORD Sale 102 61.7010 EUR
ORD Sale 112 61.6660 EUR
ORD Sale 117 61.9500 EUR
ORD Sale 126 61.6960 EUR
ORD Sale 126 61.7150 EUR
ORD Sale 127 61.9574 EUR
ORD Sale 137 61.6400 EUR
ORD Sale 151 61.7160 EUR
ORD Sale 164 61.9560 EUR
ORD Sale 203 61.7250 EUR
ORD Sale 234 61.6810 EUR
ORD Sale 248 61.6650 EUR
ORD Sale 248 61.6700 EUR
ORD Sale 249 61.8090 EUR
ORD Sale 300 61.6510 EUR
ORD Sale 311 61.7600 EUR
ORD Sale 322 61.6540 EUR
ORD Sale 350 61.6850 EUR
ORD Sale 352 61.9300 EUR
ORD Sale 357 61.9600 EUR
ORD Sale 364 61.7482 EUR
ORD Sale 395 61.7654 EUR
ORD Sale 400 61.6420 EUR
ORD Sale 412 61.9100 EUR
ORD Sale 414 61.9581 EUR
ORD Sale 429 61.8230 EUR
ORD Sale 452 61.6950 EUR
ORD Sale 471 61.6920 EUR
ORD Sale 473 61.6800 EUR
ORD Sale 514 61.6520 EUR
ORD Sale 529 61.7500 EUR
ORD (traded as ADR) Sale 570 16.8349 USD
ORD Sale 577 61.6910 EUR
ORD Sale 733 61.7100 EUR
ORD Sale 760 61.9279 EUR
ORD Sale 895 61.7380 EUR
ORD (traded as ADR) Sale 972 16.7600 USD
ORD Sale 1,225 61.9045 EUR
ORD Sale 1,492 61.7579 EUR
ORD Sale 1,506 61.6983 EUR
ORD Sale 1,516 61.7479 EUR
ORD Sale 1,656 61.6600 EUR
ORD Sale 2,132 61.8705 EUR
ORD Sale 2,626 61.7100 EUR
ORD Sale 2,693 61.7508 EUR
ORD Sale 2,807 61.6900 EUR
ORD Sale 2,849 16.8349 USD
ORD Sale 3,028 61.7424 EUR
ORD Sale 5,960 61.7144 EUR
ORD Sale 6,998 61.7000 EUR
ORD Sale 7,502 61.7443 EUR
ORD Sale 13,699 61.7169 EUR
ORD Sale 15,130 61.7467 EUR
ORD Sale 17,207 61.6876 EUR
ORD Sale 17,498 61.7556 EUR
ORD Sale 19,122 61.6668 EUR
ORD Sale 21,908 61.7300 EUR
ORD Sale 25,135 61.7665 EUR
ORD Sale 33,566 61.7258 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 20 61.3250 EUR
ORD CFD Long 60 61.3246 EUR
ORD CFD Long 335 61.3248 EUR
ORD SWAP Long 370 61.7907 EUR
ORD CFD Long 1,492 61.7579 EUR
ORD CFD Long 2,000 61.8261 EUR
ORD CFD Long 2,708 61.3247 EUR
ORD SWAP Long 5,091 61.7321 EUR
ORD SWAP Long 5,590 61.7094 EUR
ORD CFD Long 7,348 61.7047 EUR
ORD CFD Long 13,699 61.7169 EUR
ORD SWAP Long 14,856 61.7424 EUR
ORD CFD Long 17,498 61.7556 EUR
ORD SWAP Long 17,560 61.7700 EUR
ORD CFD Long 570 16.8349 USD
ORD SWAP Short 115 61.7455 EUR
ORD SWAP Short 297 61.8329 EUR
ORD SWAP Short 525 61.8353 EUR
ORD CFD Short 685 61.4187 EUR
ORD CFD Short 890 61.7153 EUR
ORD CFD Short 1,532 61.9677 EUR
ORD SWAP Short 4,732 61.7696 EUR
ORD SWAP Short 15,060 61.7793 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: 13 Jan 2014
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.

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