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

28th Nov 2013 12:50

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:		26 November 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:		1,745,074		0.32%		1,514,461		0.27%
(2)		Derivatives (other than
		options):		2,276,465		0.41%		1,385,460		0.25%
(3)		Options and agreements to
		purchase/sell:		1,283,300		0.23%		1,715,000		0.31%
(4)		TOTAL:
				5,304,839		0.96%		4,614,921		0.82%

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		20		61.5680 EUR
ORD		Purchase		23		61.3200 EUR
ORD		Purchase		35		61.5640 EUR
ORD		Purchase		36		61.5280 EUR
ORD (traded as ADR)		Purchase		36		16.6700 USD
ORD		Purchase		43		61.4300 EUR
ORD		Purchase		43		61.5800 EUR
ORD		Purchase		54		61.5040 EUR
ORD		Purchase		54		61.5140 EUR
ORD		Purchase		80		61.4840 EUR
ORD (traded as ADR)		Purchase		86		16.5400 USD
ORD		Purchase		125		61.3443 EUR
ORD (traded as ADR)		Purchase		141		16.6500 USD
ORD (traded as ADR)		Purchase		162		16.6320 USD
ORD		Purchase		188		61.3800 EUR
ORD		Purchase		232		61.4770 EUR
ORD (traded as ADR)		Purchase		240		16.6200 USD
ORD		Purchase		250		61.3874 EUR
ORD (traded as ADR)		Purchase		326		16.6753 USD
ORD		Purchase		356		61.3500 EUR
ORD		Purchase		389		61.5163 EUR
ORD		Purchase		390		61.4112 EUR
ORD		Purchase		400		61.5300 EUR
ORD		Purchase		415		61.3155 EUR
ORD		Purchase		471		61.3815 EUR
ORD		Purchase		472		61.5700 EUR
ORD		Purchase		549		61.4992 EUR
ORD		Purchase		574		61.5200 EUR
ORD		Purchase		600		61.5600 EUR
ORD		Purchase		672		61.5100 EUR
ORD (traded as ADR)		Purchase		688		16.6000 USD
ORD		Purchase		868		61.3964 EUR
ORD		Purchase		981		61.4843 EUR
ORD		Purchase		1,200		16.6200 USD
ORD		Purchase		1,552		61.5566 EUR
ORD (traded as ADR)		Purchase		1,637		16.6919 USD
ORD		Purchase		1,935		61.5500 EUR
ORD		Purchase		2,329		61.5000 EUR
ORD		Purchase		2,706		61.4800 EUR
ORD		Purchase		3,700		61.3723 EUR
ORD		Purchase		4,113		61.5092 EUR
ORD		Purchase		4,516		61.7077 EUR
ORD		Purchase		5,311		61.4781 EUR
ORD		Purchase		5,734		61.4449 EUR
ORD		Purchase		9,621		61.4741 EUR
ORD		Purchase		12,304		61.5206 EUR
ORD		Purchase		12,315		61.3700 EUR
ORD		Purchase		39,095		61.4401 EUR
ORD		Purchase		123,554		61.3725 EUR
ORD		Sale		20		61.5680 EUR
ORD		Sale		23		61.3200 EUR
ORD		Sale		35		61.5640 EUR
ORD		Sale		36		61.5280 EUR
ORD		Sale		43		61.4300 EUR
ORD		Sale		43		61.5800 EUR
ORD (traded as ADR)		Sale		45		16.6553 USD
ORD		Sale		54		61.5040 EUR
ORD		Sale		54		61.5140 EUR
ORD		Sale		80		61.4840 EUR
ORD (traded as ADR)		Sale		86		16.5400 USD
ORD		Sale		105		61.4160 EUR
ORD		Sale		117		61.3500 EUR
ORD (traded as ADR)		Sale		117		16.7200 USD
ORD		Sale		125		61.3443 EUR
ORD		Sale		188		61.3800 EUR
ORD		Sale		197		61.4181 EUR
ORD (traded as ADR)		Sale		199		16.6320 USD
ORD (traded as ADR)		Sale		206		16.6500 USD
ORD (traded as ADR)		Sale		240		16.6200 USD
ORD		Sale		270		61.3500 EUR
ORD		Sale		339		61.5141 EUR
ORD		Sale		374		61.3661 EUR
ORD		Sale		400		61.5300 EUR
ORD		Sale		458		61.3700 EUR
ORD		Sale		472		61.5700 EUR
ORD		Sale		574		61.5200 EUR
ORD		Sale		600		61.5600 EUR
ORD		Sale		626		61.3700 EUR
ORD		Sale		672		61.5100 EUR
ORD (traded as ADR)		Sale		680		16.6000 USD
ORD		Sale		784		61.5314 EUR
ORD		Sale		868		61.3964 EUR
ORD		Sale		1,085		61.5126 EUR
ORD (traded as ADR)		Sale		1,637		16.6919 USD
ORD		Sale		1,853		61.4660 EUR
ORD		Sale		1,935		61.5500 EUR
ORD		Sale		2,006		61.4775 EUR
ORD		Sale		2,406		61.4800 EUR
ORD		Sale		2,687		61.5000 EUR
ORD		Sale		2,821		61.5387 EUR
ORD		Sale		4,599		61.4467 EUR
ORD		Sale		4,650		61.6977 EUR
ORD		Sale		6,225		61.4549 EUR
ORD		Sale		8,188		16.6919 USD
ORD		Sale		8,547		61.5116 EUR
ORD		Sale		9,863		61.4368 EUR
ORD		Sale		26,067		61.4141 EUR
ORD		Sale		150,434		61.3911 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		921		61.4368 EUR
ORD		CFD		Long		1,858		61.5200 EUR
ORD		SWAP		Long		1,998		61.4579 EUR
ORD		SWAP		Long		4,700		61.3700 EUR
ORD		SWAP		Long		4,829		61.4730 EUR
ORD		SWAP		Long		7,736		61.4182 EUR
ORD		CFD		Long		7,971		61.3647 EUR
ORD		CFD		Long		18,927		61.4326 EUR
ORD		CFD		Long		1,638		16.6919 USD
ORD		CFD		Short		240		16.6200 USD
ORD		CFD		Short		1,858		16.6313 USD
ORD		CFD		Short		532		61.7380 EUR
ORD		SWAP		Short		549		61.4992 EUR
ORD		SWAP		Short		981		61.4843 EUR
ORD		SWAP		Short		1,020		61.4662 EUR
ORD		SWAP		Short		4,345		61.5075 EUR
ORD		SWAP		Short		4,700		61.3700 EUR
ORD		CFD		Short		5,311		61.4781 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:		28 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 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

Call Options

Purchased

50,000

52.0000

American

20 Dec 2013

ORD

Call Options

Purchased

75,000

60.0000

American

19 Dec 2014

ORD

Call Options

Purchased

100,000

64.0000

American

20 Dec 2013

ORD

Call Options

Purchased

50,000

64.0000

American

19 Dec 2014

ORD

Call Options

Purchased

43,300

68.0000

American

17 Jan 2014

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

-75,000

60.0000

American

20 Dec 2013

ORD

Call Options

Written

-100,000

62.0000

American

20 Dec 2013

ORD

Call Options

Written

-50,000

64.0000

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

---

Related Shares:

Barclays