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

3rd Oct 2013 12:32

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 relevant securities this form relates: Use a separate form for each offeror/offeree		SCHNEIDER ELECTRIC SA
(c) Name of the party to the offer with which exempt principal trader is connected:		Advisor to Offeree
(d) Date position held/dealing undertaken:		1 October 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: INVENSYS PLC

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:		1,512,820		0.27%		1,531,759		0.27%
(2)		Derivatives (other than
		options):		2,356,595		0.42%		1,390,282		0.25%
(3)		Options and agreements to
		purchase/sell:		1,115,000		0.20%		1,690,000		0.30%
(4)		TOTAL:
				4,984,415		0.89%		4,612,041		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		1		64.0400 EUR
ORD		Purchase		16		63.5100 EUR
ORD		Purchase		35		63.7800 EUR
ORD		Purchase		61		63.8660 EUR
ORD		Purchase		85		63.8700 EUR
ORD		Purchase		109		63.8600 EUR
ORD		Purchase		111		63.7910 EUR
ORD		Purchase		112		63.8120 EUR
ORD		Purchase		115		63.7200 EUR
ORD		Purchase		157		64.0000 EUR
ORD		Purchase		180		63.7950 EUR
ORD		Purchase		190		63.8200 EUR
ORD		Purchase		194		63.5000 EUR
ORD		Purchase		248		63.9500 EUR
ORD		Purchase		256		63.8100 EUR
ORD		Purchase		280		62.9500 EUR
ORD		Purchase		290		63.5500 EUR
ORD		Purchase		299		63.9105 EUR
ORD		Purchase		314		64.0100 EUR
ORD		Purchase		350		63.9200 EUR
ORD		Purchase		380		64.0200 EUR
ORD		Purchase		391		63.6500 EUR
ORD		Purchase		400		17.2000 USD
ORD		Purchase		416		64.0600 EUR
ORD		Purchase		431		63.8000 EUR
ORD		Purchase		471		63.2647 EUR
ORD		Purchase		478		63.9700 EUR
ORD		Purchase		520		63.8800 EUR
ORD		Purchase		538		63.8619 EUR
ORD		Purchase		572		63.9900 EUR
ORD		Purchase		640		63.8025 EUR
ORD		Purchase		667		63.7379 EUR
ORD		Purchase		771		63.8400 EUR
ORD		Purchase		908		63.8500 EUR
ORD		Purchase		1,736		63.8489 EUR
ORD		Purchase		2,304		63.8550 EUR
ORD		Purchase		2,945		63.8523 EUR
ORD		Purchase		4,290		64.0500 EUR
ORD		Purchase		7,474		63.8126 EUR
ORD		Purchase		7,500		63.6850 EUR
ORD		Purchase		10,081		63.8143 EUR
ORD		Purchase		17,396		63.7703 EUR
ORD		Purchase		21,585		63.8567 EUR
ORD		Purchase		21,916		63.7915 EUR
ORD		Purchase		33,638		63.7866 EUR
ORD		Purchase		57,929		63.8455 EUR
ORD		Purchase		200		63.9700 EUR
ORD		Purchase		1,600		63.9650 EUR
ORD (traded as ADR)		Purchase		80		17.2000 USD
ORD (traded as ADR)		Sale		8		16.9230 USD
ORD (traded as ADR)		Sale		80		17.2000 USD
ORD		Sale		1,187		64.0500 EUR
ORD		Sale		1		64.0400 EUR
ORD		Sale		16		63.5100 EUR
ORD		Sale		34		62.7850 EUR
ORD		Sale		35		63.7800 EUR
ORD		Sale		61		63.8660 EUR
ORD		Sale		76		62.7700 EUR
ORD		Sale		85		63.8700 EUR
ORD		Sale		109		62.8150 EUR
ORD		Sale		109		63.8600 EUR
ORD		Sale		111		63.7910 EUR
ORD		Sale		112		63.8120 EUR
ORD		Sale		115		63.7200 EUR
ORD		Sale		145		63.7780 EUR
ORD		Sale		157		64.0000 EUR
ORD		Sale		180		63.7950 EUR
ORD		Sale		190		63.8200 EUR
ORD		Sale		194		63.5000 EUR
ORD		Sale		248		63.9500 EUR
ORD		Sale		256		63.8100 EUR
ORD		Sale		290		63.5500 EUR
ORD		Sale		314		64.0100 EUR
ORD		Sale		319		62.8000 EUR
ORD		Sale		350		63.9200 EUR
ORD		Sale		356		63.9610 EUR
ORD		Sale		380		64.0200 EUR
ORD		Sale		391		63.6500 EUR
ORD		Sale		416		64.0600 EUR
ORD		Sale		431		63.8000 EUR
ORD		Sale		478		63.9700 EUR
ORD		Sale		520		63.8800 EUR
ORD		Sale		533		62.8100 EUR
ORD		Sale		572		63.9900 EUR
ORD		Sale		744		62.8300 EUR
ORD		Sale		812		64.0500 EUR
ORD		Sale		835		63.8400 EUR
ORD		Sale		923		62.7800 EUR
ORD		Sale		970		63.8500 EUR
ORD		Sale		1,034		62.7900 EUR
ORD		Sale		1,462		62.8200 EUR
ORD		Sale		1,579		63.8797 EUR
ORD		Sale		2,112		TRANSFER
ORD		Sale		2,344		63.9235 EUR
ORD		Sale		2,467		63.9023 EUR
ORD		Sale		3,200		63.8238 EUR
ORD		Sale		4,140		63.6675 EUR
ORD		Sale		4,288		63.7473 EUR
ORD		Sale		4,362		63.7602 EUR
ORD		Sale		6,942		63.7956 EUR
ORD		Sale		7,470		63.8445 EUR
ORD		Sale		8,429		63.6394 EUR
ORD		Sale		13,407		63.7984 EUR
ORD		Sale		19,285		63.7899 EUR
ORD		Sale		19,393		63.7646 EUR
ORD		Sale		19,604		63.7940 EUR
ORD		Sale		59,910		63.7357 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		80		63.6967 EUR
ORD		SWAP		Long		1,199		63.0947 EUR
ORD		SWAP		Long		1,454		63.5706 EUR
ORD		SWAP		Long		4,362		63.7602 EUR
ORD		SWAP		Long		5,146		63.9357 EUR
ORD		SWAP		Long		6,601		63.7496 EUR
ORD		CFD		Long		19,285		63.7899 EUR
ORD		SWAP		Long		22,776		63.7672 EUR
ORD		CFD		Short		80		17.2000 USD
ORD		SWAP		Short		500		63.5388 EUR
ORD		SWAP		Short		944		63.8961 EUR
ORD		SWAP		Short		2,956		63.7485 EUR
ORD		CFD		Short		38,049		63.7966 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:		3 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 person whose open positions are being disclosed:		BARCLAYS CAPITAL SECURITIES LTD
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		SCHNEIDER ELECTRIC SA

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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