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

10th Sep 2013 12:22

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		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:		6 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:		1,339,322		0.24%		769,952		0.14%
(2)		Derivatives (other than
		options):		1,622,204		0.29%		1,381,707		0.25%
(3)		Options and agreements to
		purchase/sell:		1,293,500		0.23%		1,840,000		0.33%
(4)		TOTAL:
				4,255,026		0.76%		3,991,659		0.71%

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		61.4500 EUR
ORD		Purchase		56		60.7700 EUR
ORD		Purchase		90		60.6383 EUR
ORD		Purchase		108		60.7600 EUR
ORD		Purchase		143		60.6091 EUR
ORD		Purchase		271		60.6326 EUR
ORD		Purchase		308		16.0896 USD
ORD		Purchase		641		60.7563 EUR
ORD		Purchase		675		61.1005 EUR
ORD		Purchase		1,071		60.8606 EUR
ORD		Purchase		1,145		60.7762 EUR
ORD		Purchase		3,106		60.9133 EUR
ORD		Purchase		3,107		60.8302 EUR
ORD		Purchase		3,400		60.6341 EUR
ORD		Purchase		5,857		61.6100 EUR
ORD		Purchase		11,723		60.6988 EUR
ORD		Purchase		17,172		60.9222 EUR
ORD		Purchase		25,000		60.6680 EUR
ORD		Purchase		43,582		61.0226 EUR
ORD (traded as ADR)		Purchase		61		16.0896 USD
ORD (traded as ADR)		Purchase		710		16.2041 USD
ORD (traded as ADR)		Purchase		878		16.2200 USD
ORD (traded as ADR)		Sale		61		16.0896 USD
ORD (traded as ADR)		Sale		439		16.2200 USD
ORD (traded as ADR)		Sale		710		16.2041 USD
ORD		Sale		7		61.4500 EUR
ORD		Sale		14		60.6000 EUR
ORD		Sale		125		60.5800 EUR
ORD		Sale		166		61.0800 EUR
ORD		Sale		179		60.7410 EUR
ORD		Sale		430		60.5835 EUR
ORD		Sale		528		61.0106 EUR
ORD		Sale		1,107		60.6808 EUR
ORD		Sale		1,451		61.3106 EUR
ORD		Sale		1,585		60.5990 EUR
ORD		Sale		1,589		61.1286 EUR
ORD		Sale		1,610		61.2727 EUR
ORD		Sale		1,690		60.7330 EUR
ORD		Sale		1,900		60.6301 EUR
ORD		Sale		2,899		61.1536 EUR
ORD		Sale		3,552		16.2041 USD
ORD		Sale		3,874		60.7286 EUR
ORD		Sale		5,584		60.7575 EUR
ORD		Sale		9,599		60.8451 EUR
ORD		Sale		9,670		61.0777 EUR
ORD		Sale		10,375		60.7841 EUR
ORD		Sale		10,537		61.1062 EUR
ORD		Sale		13,953		61.6100 EUR
ORD		Sale		19,668		60.8726 EUR
ORD		Sale		26,420		60.9201 EUR
ORD		Sale		30,937		60.6546 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		61		61.3573 EUR
ORD		CFD		Long		1,610		61.2727 EUR
ORD		SWAP		Long		2,899		61.1536 EUR
ORD		SWAP		Long		3,697		60.8371 EUR
ORD		SWAP		Long		4,400		60.9321 EUR
ORD		CFD		Long		13,077		60.7749 EUR
ORD		SWAP		Long		20,531		61.1074 EUR
ORD		CFD		Long		710		16.2041 USD
ORD		CFD		Short		62		16.0896 USD
ORD		CFD		Short		99		60.8789 EUR
ORD		SWAP		Short		143		60.6090 EUR
ORD		SWAP		Short		641		60.7563 EUR
ORD		SWAP		Short		2,675		60.5826 EUR
ORD		SWAP		Short		3,647		60.6772 EUR
ORD		CFD		Short		6,923		60.7593 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:		10 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.

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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