FORM 8.5 (EPT/NON-RI) Schneider Electric SA - Amendment

20th Sep 2013 11:57

Amendment

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		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:		18 September 2013
(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:		1,227,150		0.22%		967,612		0.17%
(2)	Derivatives (other than
	options):		1,808,944		0.32%		1,257,711		0.22%
(3)	Options and agreements to
	purchase/sell:		1,293,500		0.23%		1,840,000		0.33%
(4)	TOTAL:
			4,329,594		0.77%		4,065,323		0.73%

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		65.0290 EUR
ORD		Purchase		20		65.4500 EUR
ORD		Purchase		20		65.6400 EUR
ORD		Purchase		21		65.9500 EUR
ORD		Purchase		29		65.8100 EUR
ORD		Purchase		45		65.0250 EUR
ORD		Purchase		70		65.6800 EUR
ORD		Purchase		100		17.7000 USD
ORD		Purchase		150		65.8400 EUR
ORD		Purchase		152		66.0350 EUR
ORD		Purchase		158		65.0300 EUR
ORD		Purchase		213		65.0600 EUR
ORD		Purchase		220		66.0500 EUR
ORD		Purchase		266		65.6149 EUR
ORD		Purchase		325		65.6100 EUR
ORD		Purchase		365		65.9800 EUR
ORD		Purchase		393		65.4000 EUR
ORD		Purchase		515		65.9700 EUR
ORD		Purchase		574		65.1503 EUR
ORD		Purchase		585		65.9082 EUR
ORD		Purchase		735		66.0000 EUR
ORD		Purchase		773		65.5100 EUR
ORD		Purchase		1,000		65.7650 EUR
ORD		Purchase		1,140		65.8978 EUR
ORD		Purchase		1,300		65.9600 EUR
ORD		Purchase		2,021		65.5090 EUR
ORD		Purchase		2,572		65.4659 EUR
ORD		Purchase		2,604		65.4912 EUR
ORD		Purchase		4,993		65.9900 EUR
ORD		Purchase		6,143		65.4571 EUR
ORD		Purchase		6,604		65.5177 EUR
ORD		Purchase		23,158		65.5509 EUR
ORD		Purchase		38,933		65.9575 EUR
ORD		Purchase		110		65.1800 EUR
ORD		Purchase		1,000		65.6881 EUR
ORD (traded as ADR)		Purchase		20		17.7000 USD
ORD (traded as ADR)		Purchase		96		17.6000 USD
ORD (traded as ADR)		Purchase		270		17.5181 USD
ORD (traded as ADR)		Sale		20		17.7000 USD
ORD (traded as ADR)		Sale		66		17.6000 USD
ORD (traded as ADR)		Sale		270		17.5181 USD
ORD		Sale		499		65.4400 EUR
ORD		Sale		25		64.8010 EUR
ORD		Sale		42		64.8350 EUR
ORD		Sale		62		65.4580 EUR
ORD		Sale		62		65.4600 EUR
ORD		Sale		63		64.8500 EUR
ORD		Sale		70		65.6800 EUR
ORD		Sale		93		65.4960 EUR
ORD		Sale		130		64.8867 EUR
ORD		Sale		150		65.8400 EUR
ORD		Sale		172		65.9886 EUR
ORD		Sale		213		65.0600 EUR
ORD		Sale		231		65.4100 EUR
ORD		Sale		249		65.0313 EUR
ORD		Sale		273		65.4920 EUR
ORD		Sale		297		64.8400 EUR
ORD		Sale		300		65.4200 EUR
ORD		Sale		300		65.4900 EUR
ORD		Sale		365		65.9800 EUR
ORD		Sale		400		66.0000 EUR
ORD		Sale		415		65.9700 EUR
ORD		Sale		427		64.8387 EUR
ORD		Sale		582		65.9110 EUR
ORD		Sale		700		65.4400 EUR
ORD		Sale		844		65.5000 EUR
ORD		Sale		967		65.6653 EUR
ORD		Sale		1,350		17.5181 USD
ORD		Sale		1,517		65.0079 EUR
ORD		Sale		1,912		65.9002 EUR
ORD		Sale		2,031		65.4700 EUR
ORD		Sale		2,190		65.8295 EUR
ORD		Sale		2,409		65.4704 EUR
ORD		Sale		2,435		65.4500 EUR
ORD		Sale		3,061		65.9702 EUR
ORD		Sale		3,632		65.8119 EUR
ORD		Sale		4,142		65.6624 EUR
ORD		Sale		4,704		65.4828 EUR
ORD		Sale		5,275		65.8106 EUR
ORD		Sale		8,130		64.9130 EUR
ORD		Sale		12,320		65.5951 EUR
ORD		Sale		13,147		65.4647 EUR
ORD		Sale		15,422		65.6072 EUR
ORD		Sale		27,490		65.6849 EUR
ORD		Sale		49,984		65.7464 EUR
ORD		Sale		108,505		65.6589 EUR

(b) Derivatives transactions (other than options)

Class of		Product		Nature of dealing		Number of		Price per
relevant		description				reference		unit
security						securities
ORD		SWAP		Long		36		65.4805 EUR
ORD		SWAP		Long		2,409		65.4704 EUR
ORD		SWAP		Long		3,061		65.9702 EUR
ORD		SWAP		Long		5,077		65.8667 EUR
ORD		SWAP		Long		5,275		65.8106 EUR
ORD		CFD		Long		270		17.5181 USD
ORD		CFD		Short		20		17.7000 USD
ORD		SWAP		Long		8,130		64.9129 EUR
ORD		SWAP		Long		32,109		65.6957 EUR
ORD		CFD		Long		38,144		65.8549 EUR
ORD		CFD		Long		119,832		65.6234 EUR
ORD		SWAP		Short		17		65.9805 EUR
ORD		CFD		Short		249		65.5985 EUR
ORD		SWAP		Short		500		65.6098 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:		20 Sep 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

Put Options

Written

-50,000

60.0000

American

20 Sep 2013

ORD

Call Options

Purchased

50,000

52.0000

American

20 Dec 2013

ORD

Call Options

Purchased

278,500

60.0000

American

20 Sep 2013

ORD

Call Options

Purchased

100,000

64.0000

American

20 Dec 2013

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

20 Sep 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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