7th Oct 2013 14:07
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
| Name of exempt principal trader: | BARCLAYS CAPITAL SECURITIES LTD | ||
| Name of offeror/offeree in relation to whose | SCHNEIDER ELECTRIC SA | ||
| relevant securities this form relates: | |||
| Name of the party to the offer with which exempt | Advisor to Offeree | ||
| principal trader is connected | |||
| Date position held/dealing undertaken: | 3 October 2013 | ||
| 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: | 1,607,488 | 0.29% | 1,516,142 | 0.27% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 2,262,416 | 0.40% | 1,401,151 | 0.25% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 1,115,000 | 0.20% | 1,690,000 | 0.30% | |||||||
| TOTAL: | |||||||||||
| 4,984,904 | 0.89% | 4,607,293 | 0.82% | ||||||||
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 | 3 | 60.4933 EUR | ||||
| ORD | Purchase | 7 | 60.4200 EUR | ||||
| ORD | Purchase | 24 | 61.2910 EUR | ||||
| ORD | Purchase | 25 | 60.5184 EUR | ||||
| ORD | Purchase | 46 | 60.5550 EUR | ||||
| ORD | Purchase | 48 | 60.4100 EUR | ||||
| ORD | Purchase | 53 | 60.7050 EUR | ||||
| ORD | Purchase | 54 | 60.8890 EUR | ||||
| ORD | Purchase | 54 | 61.3000 EUR | ||||
| ORD | Purchase | 56 | 60.4950 EUR | ||||
| ORD | Purchase | 56 | 60.6550 EUR | ||||
| ORD | Purchase | 61 | 61.3100 EUR | ||||
| ORD | Purchase | 72 | 60.7320 EUR | ||||
| ORD | Purchase | 76 | 60.5650 EUR | ||||
| ORD | Purchase | 84 | 60.5179 EUR | ||||
| ORD | Purchase | 94 | 60.5810 EUR | ||||
| ORD | Purchase | 94 | 60.6150 EUR | ||||
| ORD | Purchase | 94 | 60.7450 EUR | ||||
| ORD | Purchase | 100 | 60.7280 EUR | ||||
| ORD | Purchase | 109 | 60.5630 EUR | ||||
| ORD | Purchase | 109 | 60.7780 EUR | ||||
| ORD | Purchase | 109 | 61.3400 EUR | ||||
| ORD | Purchase | 111 | 60.6100 EUR | ||||
| ORD | Purchase | 114 | 60.7430 EUR | ||||
| ORD | Purchase | 119 | 60.7100 EUR | ||||
| ORD | Purchase | 121 | 60.7500 EUR | ||||
| ORD | Purchase | 122 | 60.5230 EUR | ||||
| ORD | Purchase | 127 | 60.5029 EUR | ||||
| ORD | Purchase | 128 | 60.6400 EUR | ||||
| ORD | Purchase | 135 | 61.3120 EUR | ||||
| ORD | Purchase | 139 | 60.6310 EUR | ||||
| ORD | Purchase | 155 | 60.6200 EUR | ||||
| ORD | Purchase | 158 | 60.5180 EUR | ||||
| ORD | Purchase | 174 | 60.7700 EUR | ||||
| ORD | Purchase | 179 | 60.5310 EUR | ||||
| ORD | Purchase | 196 | 60.6950 EUR | ||||
| ORD | Purchase | 200 | 60.4000 EUR | ||||
| ORD | Purchase | 204 | 60.7210 EUR | ||||
| ORD | Purchase | 210 | 60.7400 EUR | ||||
| ORD | Purchase | 211 | 60.5710 EUR | ||||
| ORD | Purchase | 213 | 61.0900 EUR | ||||
| ORD | Purchase | 218 | 60.5330 EUR | ||||
| ORD | Purchase | 228 | 61.0000 EUR | ||||
| ORD | Purchase | 231 | 61.2500 EUR | ||||
| ORD | Purchase | 242 | 60.5130 EUR | ||||
| ORD | Purchase | 263 | 60.7530 EUR | ||||
| ORD | Purchase | 264 | 60.8400 EUR | ||||
| ORD | Purchase | 300 | 60.5500 EUR | ||||
| ORD | Purchase | 300 | 60.9900 EUR | ||||
| ORD | Purchase | 306 | 60.5030 EUR | ||||
| ORD | Purchase | 314 | 61.3600 EUR | ||||
| ORD | Purchase | 327 | 60.5900 EUR | ||||
| ORD | Purchase | 329 | 60.6850 EUR | ||||
| ORD | Purchase | 354 | 60.6300 EUR | ||||
| ORD | Purchase | 355 | 60.5610 EUR | ||||
| ORD | Purchase | 381 | 61.1500 EUR | ||||
| ORD | Purchase | 396 | 60.5800 EUR | ||||
| ORD | Purchase | 407 | 60.5850 EUR | ||||
| ORD | Purchase | 410 | 60.6900 EUR | ||||
| ORD | Purchase | 411 | 60.6266 EUR | ||||
| ORD | Purchase | 437 | 61.4200 EUR | ||||
| ORD | Purchase | 468 | 60.9500 EUR | ||||
| ORD | Purchase | 478 | 60.5910 EUR | ||||
| ORD | Purchase | 480 | 60.4150 EUR | ||||
| ORD | Purchase | 489 | 60.6800 EUR | ||||
| ORD | Purchase | 500 | 60.8500 EUR | ||||
| ORD | Purchase | 526 | 60.5200 EUR | ||||
| ORD | Purchase | 531 | 60.4700 EUR | ||||
| ORD | Purchase | 549 | 60.7000 EUR | ||||
| ORD | Purchase | 563 | 60.4606 EUR | ||||
| ORD | Purchase | 611 | 61.1509 EUR | ||||
| ORD | Purchase | 652 | 60.5400 EUR | ||||
| ORD | Purchase | 700 | 61.4272 EUR | ||||
| ORD | Purchase | 779 | 61.1001 EUR | ||||
| ORD | Purchase | 807 | 60.3728 EUR | ||||
| ORD | Purchase | 808 | 60.9800 EUR | ||||
| ORD | Purchase | 840 | 60.5600 EUR | ||||
| ORD | Purchase | 873 | 60.7200 EUR | ||||
| ORD | Purchase | 981 | 60.5100 EUR | ||||
| ORD | Purchase | 1,000 | 16.4080 USD | ||||
| ORD | Purchase | 1,016 | 60.4800 EUR | ||||
| ORD | Purchase | 1,208 | 60.5300 EUR | ||||
| ORD | Purchase | 1,249 | 60.4895 EUR | ||||
| ORD | Purchase | 1,250 | 60.8964 EUR | ||||
| ORD | Purchase | 1,284 | 60.4900 EUR | ||||
| ORD | Purchase | 1,341 | 60.6600 EUR | ||||
| ORD | Purchase | 1,536 | 60.5700 EUR | ||||
| ORD | Purchase | 1,651 | 60.4721 EUR | ||||
| ORD | Purchase | 1,681 | 60.6454 EUR | ||||
| ORD | Purchase | 3,571 | 61.1594 EUR | ||||
| ORD | Purchase | 3,649 | 60.6000 EUR | ||||
| ORD | Purchase | 4,049 | 60.7718 EUR | ||||
| ORD | Purchase | 5,883 | 60.6776 EUR | ||||
| ORD | Purchase | 6,634 | 60.5975 EUR | ||||
| ORD | Purchase | 7,742 | 60.4600 EUR | ||||
| ORD | Purchase | 8,779 | 60.7352 EUR | ||||
| ORD | Purchase | 9,684 | 60.8985 EUR | ||||
| ORD | Purchase | 10,141 | 61.1599 EUR | ||||
| ORD | Purchase | 10,487 | 60.6543 EUR | ||||
| ORD | Purchase | 11,386 | 60.3721 EUR | ||||
| ORD | Purchase | 16,402 | 60.7389 EUR | ||||
| ORD | Purchase | 17,709 | 60.5000 EUR | ||||
| ORD | Purchase | 32,651 | 60.8074 EUR | ||||
| ORD | Purchase | 42,146 | 60.7823 EUR | ||||
| ORD | Purchase | 58,717 | 60.8240 EUR | ||||
| ORD | Purchase | 505 | 60.4152 EUR | ||||
| ORD (traded as ADR) | Purchase | 20 | 16.4800 USD | ||||
| ORD (traded as ADR) | Purchase | 22 | 16.4100 USD | ||||
| ORD (traded as ADR) | Purchase | 106 | 16.4221 USD | ||||
| ORD (traded as ADR) | Purchase | 133 | 16.4200 USD | ||||
| ORD (traded as ADR) | Purchase | 200 | 16.4080 USD | ||||
| ORD (traded as ADR) | Sale | 4 | 16.4700 USD | ||||
| ORD (traded as ADR) | Sale | 20 | 16.4800 USD | ||||
| ORD (traded as ADR) | Sale | 22 | 16.4100 USD | ||||
| ORD (traded as ADR) | Sale | 168 | 16.9720 USD | ||||
| ORD (traded as ADR) | Sale | 200 | 16.4080 USD | ||||
| ORD (traded as ADR) | Sale | 235 | 16.4200 USD | ||||
| ORD | Sale | 7 | 60.4200 EUR | ||||
| ORD | Sale | 320 | 60.3300 EUR | ||||
| ORD | Sale | 1,847 | 60.4600 EUR | ||||
| ORD | Sale | 4,120 | 60.4021 EUR | ||||
| ORD | Sale | 16 | 60.6300 EUR | ||||
| ORD | Sale | 24 | 61.2910 EUR | ||||
| ORD | Sale | 25 | 61.1800 EUR | ||||
| ORD | Sale | 34 | 61.1400 EUR | ||||
| ORD | Sale | 43 | 61.1300 EUR | ||||
| ORD | Sale | 46 | 60.5550 EUR | ||||
| ORD | Sale | 54 | 61.3000 EUR | ||||
| ORD | Sale | 56 | 60.4950 EUR | ||||
| ORD | Sale | 56 | 60.6550 EUR | ||||
| ORD | Sale | 61 | 61.3100 EUR | ||||
| ORD | Sale | 68 | 61.0800 EUR | ||||
| ORD | Sale | 72 | 60.7320 EUR | ||||
| ORD | Sale | 76 | 60.5650 EUR | ||||
| ORD | Sale | 94 | 60.5810 EUR | ||||
| ORD | Sale | 94 | 60.6150 EUR | ||||
| ORD | Sale | 94 | 60.7450 EUR | ||||
| ORD | Sale | 96 | 60.4100 EUR | ||||
| ORD | Sale | 100 | 16.4800 USD | ||||
| ORD | Sale | 100 | 61.1100 EUR | ||||
| ORD | Sale | 109 | 61.3400 EUR | ||||
| ORD | Sale | 111 | 60.6100 EUR | ||||
| ORD | Sale | 111 | 60.6417 EUR | ||||
| ORD | Sale | 119 | 60.7100 EUR | ||||
| ORD | Sale | 120 | 60.5100 EUR | ||||
| ORD | Sale | 121 | 60.7500 EUR | ||||
| ORD | Sale | 127 | 60.5900 EUR | ||||
| ORD | Sale | 128 | 60.6400 EUR | ||||
| ORD | Sale | 135 | 61.3120 EUR | ||||
| ORD | Sale | 139 | 60.6310 EUR | ||||
| ORD | Sale | 155 | 60.6200 EUR | ||||
| ORD | Sale | 179 | 60.5310 EUR | ||||
| ORD | Sale | 196 | 60.6950 EUR | ||||
| ORD | Sale | 200 | 60.4000 EUR | ||||
| ORD | Sale | 204 | 60.7210 EUR | ||||
| ORD | Sale | 210 | 60.7400 EUR | ||||
| ORD | Sale | 211 | 60.5710 EUR | ||||
| ORD | Sale | 213 | 61.0900 EUR | ||||
| ORD | Sale | 228 | 61.0000 EUR | ||||
| ORD | Sale | 231 | 61.2500 EUR | ||||
| ORD | Sale | 238 | 60.4900 EUR | ||||
| ORD | Sale | 264 | 60.8400 EUR | ||||
| ORD | Sale | 286 | 60.4700 EUR | ||||
| ORD | Sale | 300 | 60.5500 EUR | ||||
| ORD | Sale | 300 | 60.9900 EUR | ||||
| ORD | Sale | 314 | 61.3600 EUR | ||||
| ORD | Sale | 329 | 60.6850 EUR | ||||
| ORD | Sale | 355 | 60.5610 EUR | ||||
| ORD | Sale | 363 | 60.8888 EUR | ||||
| ORD | Sale | 381 | 61.1500 EUR | ||||
| ORD | Sale | 396 | 60.5800 EUR | ||||
| ORD | Sale | 399 | 60.7000 EUR | ||||
| ORD | Sale | 407 | 60.5850 EUR | ||||
| ORD | Sale | 410 | 60.6900 EUR | ||||
| ORD | Sale | 414 | 60.4800 EUR | ||||
| ORD | Sale | 435 | 60.7200 EUR | ||||
| ORD | Sale | 437 | 61.4200 EUR | ||||
| ORD | Sale | 468 | 60.9500 EUR | ||||
| ORD | Sale | 478 | 60.5910 EUR | ||||
| ORD | Sale | 480 | 60.4150 EUR | ||||
| ORD | Sale | 500 | 60.8500 EUR | ||||
| ORD | Sale | 526 | 60.5200 EUR | ||||
| ORD | Sale | 642 | 61.3554 EUR | ||||
| ORD | Sale | 652 | 60.5400 EUR | ||||
| ORD | Sale | 655 | 60.5000 EUR | ||||
| ORD | Sale | 724 | 60.5300 EUR | ||||
| ORD | Sale | 808 | 60.9800 EUR | ||||
| ORD | Sale | 819 | 60.6800 EUR | ||||
| ORD | Sale | 840 | 60.5600 EUR | ||||
| ORD | Sale | 892 | 60.8333 EUR | ||||
| ORD | Sale | 1,250 | 60.8964 EUR | ||||
| ORD | Sale | 1,427 | 60.5700 EUR | ||||
| ORD | Sale | 1,783 | 60.8727 EUR | ||||
| ORD | Sale | 1,915 | 60.5676 EUR | ||||
| ORD | Sale | 2,069 | 60.8117 EUR | ||||
| ORD | Sale | 2,369 | 61.2864 EUR | ||||
| ORD | Sale | 2,872 | 60.6928 EUR | ||||
| ORD | Sale | 3,115 | 60.5571 EUR | ||||
| ORD | Sale | 3,438 | 60.6000 EUR | ||||
| ORD | Sale | 7,156 | 60.6661 EUR | ||||
| ORD | Sale | 15,393 | 60.4426 EUR | ||||
| ORD | Sale | 17,390 | 60.4600 EUR | ||||
| ORD | Sale | 17,752 | 60.6981 EUR | ||||
| ORD | Sale | 38,253 | 60.6600 EUR | ||||
| ORD | Sale | 39,914 | 60.6243 EUR | ||||
| ORD | Sale | 43,504 | 61.0995 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 | 16.4800 USD | |||||
| ORD | CFD | Long | 199 | 60.4447 EUR | |||||
| ORD | SWAP | Long | 281 | 60.4909 EUR | |||||
| ORD | CFD | Long | 618 | 61.6044 EUR | |||||
| ORD | SWAP | Long | 723 | 61.4262 EUR | |||||
| ORD | SWAP | Long | 1,813 | 60.4593 EUR | |||||
| ORD | SWAP | Long | 2,069 | 60.8117 EUR | |||||
| ORD | CFD | Long | 2,369 | 61.2864 EUR | |||||
| ORD | SWAP | Long | 31,500 | 60.4600 EUR | |||||
| ORD | CFD | Short | 200 | 16.4080 USD | |||||
| ORD | SWAP | Short | 723 | 61.5767 EUR | |||||
| ORD | CFD | Short | 1,190 | 60.5227 EUR | |||||
| ORD | SWAP | Short | 3,571 | 61.1594 EUR | |||||
| ORD | SWAP | Short | 8,490 | 60.9753 EUR | |||||
| ORD | CFD | Short | 9,684 | 60.8985 EUR | |||||
| ORD | SWAP | Short | 11,564 | 61.0395 EUR | |||||
| ORD | SWAP | Short | 25,800 | 60.4600 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: | 7 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 [email protected]. 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.
Copyright Business Wire 2013
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