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

15th Oct 2013 16:02

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:		11 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:		1,497,491		0.27%		1,397,173		0.25%
(2)		Derivatives (other than
		options):		2,153,915		0.38%		1,277,406		0.23%
(3)		Options and agreements to
		purchase/sell:		1,115,000		0.20%		1,690,000		0.30%
(4)		TOTAL:
				4,766,406		0.86%		4,364,579		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

Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
ORD (traded as ADR)		Purchase		2		16.9790 USD
ORD (traded as ADR)		Purchase		5		17.0200 USD
ORD		Purchase		21		62.6440 EUR
ORD		Purchase		25		62.5050 EUR
ORD		Purchase		25		62.7050 EUR
ORD		Purchase		33		62.4500 EUR
ORD		Purchase		36		62.6250 EUR
ORD		Purchase		36		62.6290 EUR
ORD		Purchase		36		62.6350 EUR
ORD		Purchase		39		62.5140 EUR
ORD		Purchase		48		62.4850 EUR
ORD		Purchase		48		62.5950 EUR
ORD		Purchase		48		62.6950 EUR
ORD		Purchase		49		62.6510 EUR
ORD		Purchase		54		62.5750 EUR
ORD		Purchase		54		62.6140 EUR
ORD		Purchase		57		62.8300 EUR
ORD		Purchase		64		62.6500 EUR
ORD		Purchase		72		62.6390 EUR
ORD		Purchase		72		62.7650 EUR
ORD		Purchase		72		62.8410 EUR
ORD		Purchase		73		62.7090 EUR
ORD		Purchase		84		62.7679 EUR
ORD		Purchase		86		62.7500 EUR
ORD		Purchase		91		62.6450 EUR
ORD		Purchase		94		62.5655 EUR
ORD		Purchase		98		62.5250 EUR
ORD		Purchase		98		62.6590 EUR
ORD		Purchase		108		62.6150 EUR
ORD		Purchase		114		62.7210 EUR
ORD		Purchase		123		62.5000 EUR
ORD		Purchase		124		62.7250 EUR
ORD		Purchase		130		62.6000 EUR
ORD		Purchase		136		62.5800 EUR
ORD		Purchase		144		62.5650 EUR
ORD		Purchase		147		62.4800 EUR
ORD		Purchase		150		62.5400 EUR
ORD		Purchase		153		62.6050 EUR
ORD		Purchase		173		62.7150 EUR
ORD		Purchase		173		62.7310 EUR
ORD		Purchase		178		62.7450 EUR
ORD		Purchase		187		62.5510 EUR
ORD		Purchase		190		62.5700 EUR
ORD		Purchase		190		62.6400 EUR
ORD		Purchase		192		62.5290 EUR
ORD		Purchase		192		62.7850 EUR
ORD		Purchase		201		62.5390 EUR
ORD		Purchase		221		62.7000 EUR
ORD		Purchase		227		62.5840 EUR
ORD		Purchase		268		62.7300 EUR
ORD		Purchase		279		62.8600 EUR
ORD		Purchase		286		62.7100 EUR
ORD		Purchase		316		62.6600 EUR
ORD		Purchase		345		62.5500 EUR
ORD		Purchase		357		62.8400 EUR
ORD		Purchase		456		62.6700 EUR
ORD		Purchase		471		62.6300 EUR
ORD		Purchase		478		62.6200 EUR
ORD		Purchase		482		62.5300 EUR
ORD		Purchase		494		62.4900 EUR
ORD		Purchase		526		62.8200 EUR
ORD		Purchase		546		62.5100 EUR
ORD		Purchase		546		62.7200 EUR
ORD		Purchase		603		62.5200 EUR
ORD		Purchase		610		62.8100 EUR
ORD		Purchase		717		62.6357 EUR
ORD		Purchase		752		62.7400 EUR
ORD		Purchase		761		62.5600 EUR
ORD		Purchase		780		62.7400 EUR
ORD		Purchase		883		62.7600 EUR
ORD		Purchase		937		62.7700 EUR
ORD		Purchase		958		62.6900 EUR
ORD		Purchase		1,073		62.5900 EUR
ORD		Purchase		1,085		62.6800 EUR
ORD		Purchase		1,297		62.8000 EUR
ORD		Purchase		1,389		62.7811 EUR
ORD		Purchase		1,411		62.7800 EUR
ORD		Purchase		1,600		62.6982 EUR
ORD		Purchase		2,500		62.6894 EUR
ORD		Purchase		2,703		62.6146 EUR
ORD		Purchase		3,194		62.7900 EUR
ORD		Purchase		3,244		62.7660 EUR
ORD		Purchase		3,792		62.6386 EUR
ORD		Purchase		4,638		62.6575 EUR
ORD		Purchase		4,723		62.6638 EUR
ORD		Purchase		4,745		62.7125 EUR
ORD		Purchase		5,569		62.7383 EUR
ORD		Purchase		11,952		62.6100 EUR
ORD		Purchase		19,612		62.7038 EUR
ORD		Purchase		23,236		62.6486 EUR
ORD		Purchase		41,178		62.7382 EUR
ORD (traded as ADR)		Sale		5		17.0200 USD
ORD		Sale		21		62.6440 EUR
ORD		Sale		25		62.5050 EUR
ORD		Sale		25		62.7050 EUR
ORD		Sale		33		62.4500 EUR
ORD		Sale		33		62.4562 EUR
ORD		Sale		36		62.6250 EUR
ORD		Sale		36		62.6290 EUR
ORD		Sale		36		62.6350 EUR
ORD		Sale		39		62.5140 EUR
ORD		Sale		48		62.4850 EUR
ORD		Sale		48		62.5950 EUR
ORD		Sale		48		62.6950 EUR
ORD		Sale		49		62.6510 EUR
ORD		Sale		54		62.5750 EUR
ORD		Sale		54		62.6140 EUR
ORD		Sale		57		62.8300 EUR
ORD		Sale		64		62.6500 EUR
ORD		Sale		71		62.7500 EUR
ORD		Sale		72		62.6390 EUR
ORD		Sale		72		62.7650 EUR
ORD		Sale		72		62.8410 EUR
ORD		Sale		73		62.7090 EUR
ORD (traded as ADR)		Sale		75		16.9790 USD
ORD		Sale		89		62.6785 EUR
ORD		Sale		91		62.6450 EUR
ORD		Sale		98		62.5250 EUR
ORD		Sale		98		62.6590 EUR
ORD		Sale		105		62.6917 EUR
ORD		Sale		108		62.6150 EUR
ORD		Sale		114		62.7210 EUR
ORD		Sale		123		62.5000 EUR
ORD		Sale		124		62.7250 EUR
ORD		Sale		130		62.6000 EUR
ORD		Sale		136		62.5800 EUR
ORD		Sale		144		62.5650 EUR
ORD		Sale		147		62.4800 EUR
ORD		Sale		150		62.5400 EUR
ORD		Sale		153		62.6050 EUR
ORD		Sale		173		62.7150 EUR
ORD		Sale		173		62.7310 EUR
ORD		Sale		176		62.7591 EUR
ORD		Sale		178		62.7450 EUR
ORD		Sale		187		62.5510 EUR
ORD		Sale		190		62.5700 EUR
ORD		Sale		190		62.6400 EUR
ORD		Sale		192		62.5290 EUR
ORD		Sale		192		62.7850 EUR
ORD		Sale		201		62.5390 EUR
ORD		Sale		211		62.6100 EUR
ORD		Sale		221		62.7000 EUR
ORD		Sale		225		62.6366 EUR
ORD		Sale		227		62.5840 EUR
ORD		Sale		227		62.6669 EUR
ORD		Sale		255		62.6222 EUR
ORD		Sale		268		62.7300 EUR
ORD		Sale		279		62.8600 EUR
ORD		Sale		285		62.5500 EUR
ORD		Sale		285		62.7626 EUR
ORD		Sale		286		62.7100 EUR
ORD		Sale		300		62.7906 EUR
ORD		Sale		357		62.8400 EUR
ORD		Sale		406		62.7128 EUR
ORD		Sale		413		62.8200 EUR
ORD		Sale		456		62.6700 EUR
ORD		Sale		471		62.6300 EUR
ORD		Sale		478		62.6200 EUR
ORD		Sale		482		62.5300 EUR
ORD		Sale		494		62.4900 EUR
ORD		Sale		546		62.7200 EUR
ORD		Sale		603		62.5200 EUR
ORD		Sale		610		62.8100 EUR
ORD		Sale		662		62.5100 EUR
ORD		Sale		752		62.7400 EUR
ORD		Sale		761		62.5600 EUR
ORD		Sale		782		62.5462 EUR
ORD		Sale		849		62.5345 EUR
ORD		Sale		883		62.7600 EUR
ORD		Sale		937		62.6378 EUR
ORD		Sale		937		62.7700 EUR
ORD		Sale		958		62.6900 EUR
ORD		Sale		1,073		62.5900 EUR
ORD		Sale		1,085		62.6800 EUR
ORD		Sale		1,297		62.8000 EUR
ORD		Sale		1,411		62.7800 EUR
ORD		Sale		1,716		62.5955 EUR
ORD		Sale		1,895		62.6259 EUR
ORD		Sale		2,048		62.6547 EUR
ORD		Sale		2,687		62.5715 EUR
ORD		Sale		6,458		62.7900 EUR
ORD		Sale		7,743		62.6418 EUR
ORD		Sale		8,163		62.6540 EUR
ORD		Sale		10,752		62.6688 EUR
ORD		Sale		11,357		62.6322 EUR
ORD		Sale		18,370		62.6600 EUR
ORD		Sale		28,894		62.6485 EUR
ORD		Sale		30,000		62.7666 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		222		62.5788 EUR
ORD		SWAP		Long		300		62.7905 EUR
ORD		CFD		Long		2,381		62.5825 EUR
ORD		CFD		Short		400		62.7481 EUR
ORD		SWAP		Short		487		62.6391 EUR
ORD		SWAP		Short		897		62.7057 EUR
ORD		CFD		Short		2,533		62.6394 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:		15 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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Related Shares:

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