15th Jul 2013 13:01
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 relevant securities this form relates: Use a separate form for each offeror/offeree | INVENSYS PLC | |
| (c) Name of the party to the offer with which exempt principal trader is connected: |
| Advisor to Offeree |
| (d) Date position held/dealing undertaken: | 12 July 2013 | |
| (e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | YES: SCHNEIDER ELECTRIC SA |
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: | 12.5p ordinary | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 2,340,398 | 0.36% | 1,133,900 | 0.17% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 830,446 | 0.13% | 635,120 | 0.10% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | TOTAL: | ||||||||||
| 3,170,844 | 0.48% | 1,769,020 | 0.27% | ||||||||
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
| (a) | Purchases and sales | ||||||
| Class of relevant | Purchase/sale | Number of | Price per unit | ||||
| security | securities | ||||||
| 12.5p ordinary | Purchase | 267 | 5.0502 GBP | ||||
| 12.5p ordinary | Purchase | 594 | 5.0461 GBP | ||||
| 12.5p ordinary | Purchase | 2,150 | 5.0885 GBP | ||||
| 12.5p ordinary | Purchase | 2,232 | 5.1001 GBP | ||||
| 12.5p ordinary | Purchase | 6,233 | 5.0497 GBP | ||||
| 12.5p ordinary | Purchase | 23,374 | 4.9574 GBP | ||||
| 12.5p ordinary | Purchase | 27,564 | 5.0702 GBP | ||||
| 12.5p ordinary | Purchase | 31,386 | 5.0598 GBP | ||||
| 12.5p ordinary | Purchase | 49,507 | 5.0520 GBP | ||||
| 12.5p ordinary | Purchase | 50,000 | 5.0900 GBP | ||||
| 12.5p ordinary | Purchase | 60,000 | 5.0723 GBP | ||||
| 12.5p ordinary | Purchase | 92,931 | 5.0593 GBP | ||||
| 12.5p ordinary | Purchase | 191,355 | 5.0509 GBP | ||||
| 12.5p ordinary | Purchase | 225,612 | 5.0559 GBP | ||||
| 12.5p ordinary | Purchase | 514,176 | 5.0744 GBP | ||||
| 12.5p ordinary | Purchase | 750,000 | 5.0848 GBP | ||||
| 12.5p ordinary | Purchase | 981,188 | 5.0619 GBP | ||||
| 12.5p ordinary | Sale | 636 | 5.1100 GBP | ||||
| 12.5p ordinary | Sale | 1,220 | 5.0937 GBP | ||||
| 12.5p ordinary | Sale | 1,590 | 5.0500 GBP | ||||
| 12.5p ordinary | Sale | 3,405 | 5.0449 GBP | ||||
| 12.5p ordinary | Sale | 3,573 | 5.0596 GBP | ||||
| 12.5p ordinary | Sale | 10,658 | 5.0446 GBP | ||||
| 12.5p ordinary | Sale | 13,146 | 5.1057 GBP | ||||
| 12.5p ordinary | Sale | 21,000 | 5.1007 GBP | ||||
| 12.5p ordinary | Sale | 28,132 | 5.0966 GBP | ||||
| 12.5p ordinary | Sale | 34,455 | 5.0747 GBP | ||||
| 12.5p ordinary | Sale | 44,506 | 5.0638 GBP | ||||
| 12.5p ordinary | Sale | 46,748 | 5.1922 GBP | ||||
| 12.5p ordinary | Sale | 48,223 | 5.0871 GBP | ||||
| 12.5p ordinary | Sale | 52,800 | 5.0950 GBP | ||||
| 12.5p ordinary | Sale | 96,586 | 5.0794 GBP | ||||
| 12.5p ordinary | Sale | 200,000 | 5.1051 GBP | ||||
| 12.5p ordinary | Sale | 330,000 | 5.0800 GBP | ||||
| 12.5p ordinary | Sale | 405,925 | 5.1008 GBP | ||||
| 12.5p ordinary | Sale | 659,122 | 5.0850 GBP |
(b) Derivatives transactions (other than options)
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 12.5p ordinary | CFD | Long | 657 | 5.0893 GBP | |||||
| 12.5p ordinary | SWAP | Long | 1,458 | 5.1158 GBP | |||||
| 12.5p ordinary | SWAP | Long | 3,573 | 5.0596 GBP | |||||
| 12.5p ordinary | SWAP | Long | 4,084 | 5.1025 GBP | |||||
| 12.5p ordinary | SWAP | Long | 9,062 | 5.1072 GBP | |||||
| 12.5p ordinary | CFD | Long | 11,420 | 5.0959 GBP | |||||
| 12.5p ordinary | CFD | Long | 35,460 | 5.1143 GBP | |||||
| 12.5p ordinary | SWAP | Long | 46,748 | 5.1922 GBP | |||||
| 12.5p ordinary | CFD | Long | 51,678 | 5.1093 GBP | |||||
| 12.5p ordinary | CFD | Long | 64,046 | 5.0493 GBP | |||||
| 12.5p ordinary | SWAP | Long | 67,397 | 5.0950 GBP | |||||
| 12.5p ordinary | CFD | Long | 330,000 | 5.0800 GBP | |||||
| 12.5p ordinary | SWAP | Short | 594 | 5.0462 GBP | |||||
| 12.5p ordinary | CFD | Short | 657 | 5.1156 GBP | |||||
| 12.5p ordinary | SWAP | Short | 2,232 | 5.1001 GBP | |||||
| 12.5p ordinary | SWAP | Short | 2,909 | 5.0627 GBP | |||||
| 12.5p ordinary | CFD | Short | 9,790 | 5.0882 GBP | |||||
| 12.5p ordinary | CFD | Short | 16,625 | 5.0623 GBP | |||||
| 12.5p ordinary | SWAP | Short | 23,374 | 4.9574 GBP | |||||
| 12.5p ordinary | SWAP | Short | 225,612 | 5.0559 GBP |
(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? | NO |
| Date of disclosure: | 15 Jul 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.
Copyright Business Wire 2013
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