1st Nov 2013 12:06
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: | 30 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: | 1,612,557 | 0.29% | 1,480,303 | 0.26% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 2,251,445 | 0.40% | 1,292,116 | 0.23% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 1,115,000 | 0.20% | 1,590,000 | 0.28% | |||||||
| (4) | TOTAL: | ||||||||||
| 4,979,002 | 0.89% | 4,362,419 | 0.78% |
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 | ||||||
| ORD (traded as ADR) | Purchase | 1 | 16.8600 USD | ||||
| ORD (traded as ADR) | Purchase | 36 | 16.8562 USD | ||||
| ORD | Purchase | 39 | 61.2300 EUR | ||||
| ORD | Purchase | 53 | 61.5550 EUR | ||||
| ORD | Purchase | 53 | 61.5650 EUR | ||||
| ORD | Purchase | 53 | 61.6050 EUR | ||||
| ORD | Purchase | 54 | 61.4150 EUR | ||||
| ORD | Purchase | 93 | 61.4800 EUR | ||||
| ORD | Purchase | 98 | 61.6400 EUR | ||||
| ORD | Purchase | 100 | 61.4510 EUR | ||||
| ORD | Purchase | 101 | 61.6250 EUR | ||||
| ORD | Purchase | 104 | 61.2700 EUR | ||||
| ORD | Purchase | 104 | 61.5967 EUR | ||||
| ORD | Purchase | 106 | 61.5750 EUR | ||||
| ORD | Purchase | 124 | 61.3950 EUR | ||||
| ORD (traded as ADR) | Purchase | 128 | 16.8773 USD | ||||
| ORD | Purchase | 150 | 61.4200 EUR | ||||
| ORD | Purchase | 150 | 61.5160 EUR | ||||
| ORD | Purchase | 150 | 61.5410 EUR | ||||
| ORD | Purchase | 166 | 61.4338 EUR | ||||
| ORD | Purchase | 168 | 61.3100 EUR | ||||
| ORD | Purchase | 206 | 61.4400 EUR | ||||
| ORD | Purchase | 228 | 61.5100 EUR | ||||
| ORD | Purchase | 239 | 61.6500 EUR | ||||
| ORD | Purchase | 245 | 61.2900 EUR | ||||
| ORD | Purchase | 314 | 61.5070 EUR | ||||
| ORD | Purchase | 317 | 61.2379 EUR | ||||
| ORD | Purchase | 334 | 61.4900 EUR | ||||
| ORD | Purchase | 342 | 61.5527 EUR | ||||
| ORD | Purchase | 356 | 61.5300 EUR | ||||
| ORD | Purchase | 377 | 61.4281 EUR | ||||
| ORD | Purchase | 426 | 61.3600 EUR | ||||
| ORD | Purchase | 465 | 61.5610 EUR | ||||
| ORD | Purchase | 510 | 61.5700 EUR | ||||
| ORD (traded as ADR) | Purchase | 512 | 16.8557 USD | ||||
| ORD | Purchase | 546 | 61.6200 EUR | ||||
| ORD | Purchase | 563 | 61.5500 EUR | ||||
| ORD | Purchase | 600 | 61.6210 EUR | ||||
| ORD | Purchase | 643 | 16.8773 USD | ||||
| ORD | Purchase | 673 | 61.3189 EUR | ||||
| ORD | Purchase | 824 | 61.5200 EUR | ||||
| ORD | Purchase | 958 | 61.5000 EUR | ||||
| ORD | Purchase | 976 | 61.5800 EUR | ||||
| ORD | Purchase | 1,044 | 61.3900 EUR | ||||
| ORD | Purchase | 1,054 | 61.4700 EUR | ||||
| ORD | Purchase | 1,088 | 61.6300 EUR | ||||
| ORD | Purchase | 1,096 | 61.5323 EUR | ||||
| ORD | Purchase | 1,145 | 61.2561 EUR | ||||
| ORD | Purchase | 1,160 | 61.3988 EUR | ||||
| ORD | Purchase | 1,343 | 61.4500 EUR | ||||
| ORD | Purchase | 1,650 | 61.5600 EUR | ||||
| ORD | Purchase | 1,715 | 61.4600 EUR | ||||
| ORD | Purchase | 1,752 | 61.4631 EUR | ||||
| ORD | Purchase | 1,934 | 61.4406 EUR | ||||
| ORD | Purchase | 2,031 | 61.5900 EUR | ||||
| ORD | Purchase | 2,143 | 61.5400 EUR | ||||
| ORD | Purchase | 2,666 | 61.4509 EUR | ||||
| ORD | Purchase | 3,178 | 61.6000 EUR | ||||
| ORD | Purchase | 5,000 | 61.3464 EUR | ||||
| ORD | Purchase | 5,679 | 61.6513 EUR | ||||
| ORD | Purchase | 7,141 | 61.5186 EUR | ||||
| ORD | Purchase | 7,400 | 61.5353 EUR | ||||
| ORD | Purchase | 10,986 | 61.4844 EUR | ||||
| ORD | Purchase | 12,538 | 61.5412 EUR | ||||
| ORD | Purchase | 17,765 | 61.5239 EUR | ||||
| ORD | Purchase | 26,006 | 61.5078 EUR | ||||
| ORD | Purchase | 60,069 | 61.4837 EUR | ||||
| ORD (traded as ADR) | Sale | 1 | 16.8600 USD | ||||
| ORD (traded as ADR) | Sale | 3 | 16.8900 USD | ||||
| ORD (traded as ADR) | Sale | 4 | 16.8700 USD | ||||
| ORD (traded as ADR) | Sale | 28 | 16.8500 USD | ||||
| ORD | Sale | 39 | 61.2300 EUR | ||||
| ORD | Sale | 53 | 61.5550 EUR | ||||
| ORD | Sale | 53 | 61.5650 EUR | ||||
| ORD | Sale | 53 | 61.6050 EUR | ||||
| ORD | Sale | 54 | 61.4150 EUR | ||||
| ORD | Sale | 84 | 61.3100 EUR | ||||
| ORD | Sale | 93 | 61.4800 EUR | ||||
| ORD | Sale | 100 | 61.4510 EUR | ||||
| ORD | Sale | 101 | 61.1400 EUR | ||||
| ORD | Sale | 101 | 61.6250 EUR | ||||
| ORD | Sale | 104 | 61.2700 EUR | ||||
| ORD | Sale | 106 | 61.5750 EUR | ||||
| ORD | Sale | 124 | 61.3950 EUR | ||||
| ORD (traded as ADR) | Sale | 128 | 16.8773 USD | ||||
| ORD (traded as ADR) | Sale | 130 | 16.9560 USD | ||||
| ORD | Sale | 142 | 61.6400 EUR | ||||
| ORD | Sale | 144 | 61.4556 EUR | ||||
| ORD | Sale | 150 | 61.4200 EUR | ||||
| ORD | Sale | 150 | 61.5160 EUR | ||||
| ORD | Sale | 150 | 61.5410 EUR | ||||
| ORD | Sale | 206 | 61.4400 EUR | ||||
| ORD | Sale | 226 | 61.2207 EUR | ||||
| ORD | Sale | 228 | 61.5100 EUR | ||||
| ORD | Sale | 239 | 61.6500 EUR | ||||
| ORD | Sale | 243 | 61.5060 EUR | ||||
| ORD | Sale | 245 | 61.2900 EUR | ||||
| ORD | Sale | 317 | 61.2379 EUR | ||||
| ORD | Sale | 334 | 61.4900 EUR | ||||
| ORD | Sale | 356 | 61.5300 EUR | ||||
| ORD | Sale | 426 | 61.3600 EUR | ||||
| ORD | Sale | 465 | 61.5610 EUR | ||||
| ORD | Sale | 471 | 61.2800 EUR | ||||
| ORD | Sale | 510 | 61.5700 EUR | ||||
| ORD (traded as ADR) | Sale | 512 | 16.8557 USD | ||||
| ORD | Sale | 512 | 61.4536 EUR | ||||
| ORD | Sale | 546 | 61.6200 EUR | ||||
| ORD | Sale | 563 | 61.5500 EUR | ||||
| ORD | Sale | 599 | 61.2343 EUR | ||||
| ORD | Sale | 600 | 61.6210 EUR | ||||
| ORD | Sale | 749 | 61.5151 EUR | ||||
| ORD | Sale | 771 | 61.2585 EUR | ||||
| ORD | Sale | 806 | 61.2484 EUR | ||||
| ORD | Sale | 824 | 61.5200 EUR | ||||
| ORD | Sale | 976 | 61.5800 EUR | ||||
| ORD | Sale | 1,044 | 61.3900 EUR | ||||
| ORD | Sale | 1,054 | 61.4700 EUR | ||||
| ORD | Sale | 1,088 | 61.6300 EUR | ||||
| ORD | Sale | 1,116 | 61.5012 EUR | ||||
| ORD | Sale | 1,265 | 61.5000 EUR | ||||
| ORD | Sale | 1,343 | 61.4500 EUR | ||||
| ORD | Sale | 1,493 | 61.3645 EUR | ||||
| ORD | Sale | 1,650 | 61.5600 EUR | ||||
| ORD | Sale | 1,715 | 61.4600 EUR | ||||
| ORD | Sale | 2,031 | 61.5900 EUR | ||||
| ORD | Sale | 2,033 | 61.4497 EUR | ||||
| ORD | Sale | 2,143 | 61.5400 EUR | ||||
| ORD | Sale | 2,560 | 16.8557 USD | ||||
| ORD | Sale | 2,772 | 61.4241 EUR | ||||
| ORD | Sale | 2,781 | 61.6000 EUR | ||||
| ORD | Sale | 3,128 | 61.2695 EUR | ||||
| ORD | Sale | 3,234 | 61.5129 EUR | ||||
| ORD | Sale | 3,415 | 61.4037 EUR | ||||
| ORD | Sale | 3,516 | 61.4253 EUR | ||||
| ORD | Sale | 4,202 | 61.4269 EUR | ||||
| ORD | Sale | 4,714 | 61.3800 EUR | ||||
| ORD | Sale | 4,905 | 61.4448 EUR | ||||
| ORD | Sale | 5,365 | 61.3985 EUR | ||||
| ORD | Sale | 10,869 | 61.3827 EUR | ||||
| ORD | Sale | 28,383 | 61.4808 EUR | ||||
| ORD | Sale | 91,288 | 61.5445 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 | 124 | 61.4619 EUR | |||||
| ORD | SWAP | Long | 226 | 61.2207 EUR | |||||
| ORD | SWAP | Long | 474 | 61.4495 EUR | |||||
| ORD | SWAP | Long | 749 | 61.5151 EUR | |||||
| ORD | SWAP | Long | 762 | 61.2489 EUR | |||||
| ORD | SWAP | Long | 3,415 | 61.4038 EUR | |||||
| ORD | CFD | Long | 5,365 | 61.3985 EUR | |||||
| ORD | CFD | Long | 4,714 | 61.3800 EUR | |||||
| ORD | CFD | Long | 512 | 16.8557 USD | |||||
| ORD | CFD | Short | 129 | 16.8773 USD | |||||
| ORD | CFD | Short | 56 | 61.2880 EUR | |||||
| ORD | SWAP | Short | 314 | 61.5070 EUR | |||||
| ORD | SWAP | Short | 490 | 61.2806 EUR | |||||
| ORD | SWAP | Short | 572 | 61.3511 EUR | |||||
| ORD | SWAP | Short | 1,160 | 61.3988 EUR | |||||
| ORD | SWAP | Short | 1,273 | 61.3238 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: | 1 Nov 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.
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
| 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 | 62.0000 | 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.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.
Copyright Business Wire 2013
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