22nd Aug 2013 11:44
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: | 20 August 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: | 1,239,865 | 0.22% | 885,563 | 0.16% | ||||||
| (2) | Derivatives (other than | |||||||||
| options): | 1,705,893 | 0.30% | 1,461,070 | 0.26% | ||||||
| (3) | Options and agreements to | |||||||||
| purchase/sell: | 1,165,000 | 0.21% | 1,540,000 | 0.27% | ||||||
| (4) | TOTAL: | |||||||||
| 4,110,758 | 0.73% | 3,886,633 | 0.69% |
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 | 7 | 59.9800 EUR | ||||
| ORD | Purchase | 267 | 59.8476 EUR | ||||
| ORD | Purchase | 342 | 60.2646 EUR | ||||
| ORD | Purchase | 425 | 60.0090 EUR | ||||
| ORD | Purchase | 955 | 59.6543 EUR | ||||
| ORD | Purchase | 1,398 | 59.8545 EUR | ||||
| ORD | Purchase | 1,648 | 59.7195 EUR | ||||
| ORD | Purchase | 2,028 | 59.6530 EUR | ||||
| ORD | Purchase | 2,178 | 59.7697 EUR | ||||
| ORD | Purchase | 2,400 | 59.6627 EUR | ||||
| ORD | Purchase | 2,800 | 59.8362 EUR | ||||
| ORD | Purchase | 5,081 | 59.7751 EUR | ||||
| ORD | Purchase | 5,172 | 60.1000 EUR | ||||
| ORD | Purchase | 6,011 | 59.8104 EUR | ||||
| ORD | Purchase | 7,203 | 59.8135 EUR | ||||
| ORD | Purchase | 14,494 | 59.7858 EUR | ||||
| ORD | Purchase | 29,035 | 59.7971 EUR | ||||
| ORD | Purchase | 45,507 | 60.0219 EUR | ||||
| ORD (traded as ADR) | Purchase | 2 | 16.0800 USD | ||||
| ORD (traded as ADR) | Purchase | 13 | 16.1900 USD | ||||
| ORD (traded as ADR) | Purchase | 28 | 16.1952 USD | ||||
| ORD (traded as ADR) | Purchase | 1,383 | 16.1865 USD | ||||
| ORD (traded as ADR) | Sale | 2 | 16.0800 USD | ||||
| ORD (traded as ADR) | Sale | 13 | 16.1900 USD | ||||
| ORD (traded as ADR) | Sale | 15 | 16.2000 USD | ||||
| ORD (traded as ADR) | Sale | 78 | 16.1510 USD | ||||
| ORD (traded as ADR) | Sale | 1,383 | 16.1865 USD | ||||
| ORD | Sale | 735 | 60.0245 EUR | ||||
| ORD | Sale | 1,000 | 60.3900 EUR | ||||
| ORD | Sale | 6,290 | 59.6648 EUR | ||||
| ORD | Sale | 7 | 59.9800 EUR | ||||
| ORD | Sale | 42 | 59.4000 EUR | ||||
| ORD | Sale | 67 | 60.1000 EUR | ||||
| ORD | Sale | 150 | 59.8398 EUR | ||||
| ORD | Sale | 169 | 60.1400 EUR | ||||
| ORD | Sale | 176 | 60.2300 EUR | ||||
| ORD | Sale | 182 | 60.0200 EUR | ||||
| ORD | Sale | 204 | 60.3101 EUR | ||||
| ORD | Sale | 267 | 59.8476 EUR | ||||
| ORD | Sale | 342 | 60.2645 EUR | ||||
| ORD | Sale | 466 | 59.9007 EUR | ||||
| ORD | Sale | 1,250 | 59.8052 EUR | ||||
| ORD | Sale | 1,251 | 59.7180 EUR | ||||
| ORD | Sale | 1,354 | 59.8506 EUR | ||||
| ORD | Sale | 1,365 | 59.6580 EUR | ||||
| ORD | Sale | 1,912 | 60.0626 EUR | ||||
| ORD | Sale | 5,066 | 59.8907 EUR | ||||
| ORD | Sale | 6,919 | 16.1865 USD | ||||
| ORD | Sale | 7,845 | 59.8299 EUR | ||||
| ORD | Sale | 8,401 | 59.7838 EUR | ||||
| ORD | Sale | 9,470 | 59.8298 EUR | ||||
| ORD | Sale | 21,267 | 59.8784 EUR | ||||
| ORD | Sale | 26,124 | 59.8757 EUR | ||||
| ORD | Sale | 26,922 | 59.7975 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 | 998 | 59.8538 EUR | |||||
| ORD | SWAP | Long | 1,251 | 59.7180 EUR | |||||
| ORD | SWAP | Long | 1,912 | 60.0626 EUR | |||||
| ORD | SWAP | Long | 2,301 | 60.0834 EUR | |||||
| ORD | SWAP | Long | 4,968 | 59.8942 EUR | |||||
| ORD | SWAP | Long | 5,588 | 60.0802 EUR | |||||
| ORD | SWAP | Long | 6,008 | 59.8370 EUR | |||||
| ORD | SWAP | Long | 7,169 | 59.7485 EUR | |||||
| ORD | CFD | Long | 11,576 | 59.8042 EUR | |||||
| ORD | SWAP | Long | 31,164 | 59.8600 EUR | |||||
| ORD | SWAP | Short | 100 | 60.0300 EUR | |||||
| ORD | CFD | Short | 270 | 60.1754 EUR | |||||
| ORD | SWAP | Short | 308 | 59.9831 EUR | |||||
| ORD | SWAP | Short | 425 | 60.0090 EUR | |||||
| ORD | SWAP | Short | 785 | 59.7042 EUR | |||||
| ORD | SWAP | Short | 1,318 | 59.8803 EUR | |||||
| ORD | SWAP | Short | 3,800 | 60.1000 EUR | |||||
| ORD | SWAP | Short | 12,732 | 59.7470 EUR | |||||
| ORD | CFD | Short | 38,728 | 59.8008 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: | 22 Aug 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 | 150,000 | 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 |
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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