6th Nov 2013 11:52
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: | 4 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: | 1,598,849 | 0.29% | 1,474,932 | 0.26% | ||||||
| (2) | Derivatives (other than | |||||||||
| options): | 2,247,940 | 0.40% | 1,283,319 | 0.23% | ||||||
| (3) | Options and agreements to | |||||||||
| purchase/sell: | 1,115,000 | 0.20% | 1,590,000 | 0.28% | ||||||
| (4) | TOTAL: | |||||||||
| 4,961,789 | 0.88% | 4,348,251 | 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 | Purchase | 30 | 62.5410 EUR | ||||
| ORD | Purchase | 30 | 62.7900 EUR | ||||
| ORD | Purchase | 33 | 62.7200 EUR | ||||
| ORD | Purchase | 36 | 62.5400 EUR | ||||
| ORD | Purchase | 43 | 62.5700 EUR | ||||
| ORD | Purchase | 44 | 62.4700 EUR | ||||
| ORD | Purchase | 55 | 62.6500 EUR | ||||
| ORD | Purchase | 55 | 62.6650 EUR | ||||
| ORD | Purchase | 55 | 62.7050 EUR | ||||
| ORD | Purchase | 67 | 62.4650 EUR | ||||
| ORD | Purchase | 74 | 62.5360 EUR | ||||
| ORD | Purchase | 74 | 62.5800 EUR | ||||
| ORD | Purchase | 74 | 62.6000 EUR | ||||
| ORD | Purchase | 83 | 62.8900 EUR | ||||
| ORD (traded as ADR) | Purchase | 96 | 17.0100 USD | ||||
| ORD | Purchase | 98 | 62.5300 EUR | ||||
| ORD | Purchase | 98 | 62.6950 EUR | ||||
| ORD | Purchase | 104 | 62.6750 EUR | ||||
| ORD (traded as ADR) | Purchase | 105 | 16.9800 USD | ||||
| ORD | Purchase | 111 | 62.7400 EUR | ||||
| ORD | Purchase | 118 | 62.5450 EUR | ||||
| ORD | Purchase | 137 | 62.5578 EUR | ||||
| ORD | Purchase | 158 | 62.5600 EUR | ||||
| ORD | Purchase | 172 | 62.8700 EUR | ||||
| ORD | Purchase | 172 | 62.8750 EUR | ||||
| ORD | Purchase | 184 | 62.7700 EUR | ||||
| ORD (traded as ADR) | Purchase | 186 | 16.9634 USD | ||||
| ORD | Purchase | 196 | 62.5767 EUR | ||||
| ORD | Purchase | 213 | 62.7000 EUR | ||||
| ORD | Purchase | 214 | 62.5900 EUR | ||||
| ORD | Purchase | 224 | 62.4800 EUR | ||||
| ORD | Purchase | 232 | 62.6900 EUR | ||||
| ORD | Purchase | 272 | 62.6300 EUR | ||||
| ORD | Purchase | 285 | 62.4900 EUR | ||||
| ORD | Purchase | 300 | 62.8300 EUR | ||||
| ORD | Purchase | 325 | 62.6100 EUR | ||||
| ORD | Purchase | 380 | 62.6800 EUR | ||||
| ORD | Purchase | 390 | 62.8338 EUR | ||||
| ORD | Purchase | 402 | 62.6004 EUR | ||||
| ORD | Purchase | 463 | 62.8038 EUR | ||||
| ORD | Purchase | 563 | 62.6700 EUR | ||||
| ORD | Purchase | 676 | 62.7720 EUR | ||||
| ORD | Purchase | 747 | 62.7606 EUR | ||||
| ORD | Purchase | 797 | 62.6119 EUR | ||||
| ORD | Purchase | 798 | 62.6086 EUR | ||||
| ORD | Purchase | 1,601 | 62.5876 EUR | ||||
| ORD | Purchase | 1,780 | 62.6172 EUR | ||||
| ORD | Purchase | 1,803 | 62.6089 EUR | ||||
| ORD | Purchase | 2,891 | 62.6307 EUR | ||||
| ORD | Purchase | 4,071 | 62.8400 EUR | ||||
| ORD | Purchase | 5,000 | 61.3464 EUR | ||||
| ORD | Purchase | 6,026 | 62.7987 EUR | ||||
| ORD | Purchase | 6,946 | 62.6510 EUR | ||||
| ORD | Purchase | 7,338 | 62.7463 EUR | ||||
| ORD | Purchase | 22,588 | 62.6870 EUR | ||||
| ORD (traded as ADR) | Sale | 21 | 16.9900 USD | ||||
| ORD | Sale | 30 | 62.5410 EUR | ||||
| ORD | Sale | 30 | 62.7900 EUR | ||||
| ORD | Sale | 33 | 62.7200 EUR | ||||
| ORD | Sale | 36 | 62.5400 EUR | ||||
| ORD | Sale | 43 | 62.5700 EUR | ||||
| ORD | Sale | 44 | 62.4700 EUR | ||||
| ORD | Sale | 55 | 62.6650 EUR | ||||
| ORD | Sale | 55 | 62.7050 EUR | ||||
| ORD | Sale | 67 | 62.4650 EUR | ||||
| ORD | Sale | 74 | 62.5360 EUR | ||||
| ORD | Sale | 74 | 62.5800 EUR | ||||
| ORD | Sale | 74 | 62.6000 EUR | ||||
| ORD | Sale | 83 | 62.8900 EUR | ||||
| ORD (traded as ADR) | Sale | 87 | 16.9800 USD | ||||
| ORD (traded as ADR) | Sale | 96 | 17.0100 USD | ||||
| ORD | Sale | 97 | 62.6500 EUR | ||||
| ORD | Sale | 98 | 62.6950 EUR | ||||
| ORD | Sale | 100 | 62.6600 EUR | ||||
| ORD | Sale | 104 | 62.6750 EUR | ||||
| ORD | Sale | 114 | 62.7015 EUR | ||||
| ORD | Sale | 118 | 62.5450 EUR | ||||
| ORD | Sale | 158 | 62.5600 EUR | ||||
| ORD (traded as ADR) | Sale | 165 | 16.9600 USD | ||||
| ORD | Sale | 172 | 62.8700 EUR | ||||
| ORD | Sale | 172 | 62.8750 EUR | ||||
| ORD | Sale | 201 | 62.7700 EUR | ||||
| ORD | Sale | 213 | 62.7000 EUR | ||||
| ORD | Sale | 214 | 62.5900 EUR | ||||
| ORD | Sale | 224 | 62.4800 EUR | ||||
| ORD | Sale | 232 | 62.6900 EUR | ||||
| ORD | Sale | 272 | 62.6300 EUR | ||||
| ORD | Sale | 285 | 62.4900 EUR | ||||
| ORD | Sale | 300 | 62.8300 EUR | ||||
| ORD | Sale | 314 | 62.8184 EUR | ||||
| ORD | Sale | 345 | 62.6483 EUR | ||||
| ORD | Sale | 380 | 62.6800 EUR | ||||
| ORD | Sale | 390 | 62.8338 EUR | ||||
| ORD | Sale | 481 | 17.0100 USD | ||||
| ORD | Sale | 563 | 62.6700 EUR | ||||
| ORD | Sale | 569 | 62.5982 EUR | ||||
| ORD | Sale | 634 | 62.7800 EUR | ||||
| ORD | Sale | 680 | 62.6196 EUR | ||||
| ORD | Sale | 768 | 62.7148 EUR | ||||
| ORD | Sale | 946 | 62.7319 EUR | ||||
| ORD | Sale | 1,115 | 62.8400 EUR | ||||
| ORD | Sale | 1,277 | 62.6100 EUR | ||||
| ORD | Sale | 1,527 | 62.6331 EUR | ||||
| ORD | Sale | 1,923 | 62.6925 EUR | ||||
| ORD | Sale | 1,963 | 62.6234 EUR | ||||
| ORD | Sale | 2,461 | 62.6469 EUR | ||||
| ORD | Sale | 4,698 | 62.6620 EUR | ||||
| ORD | Sale | 6,222 | 62.7948 EUR | ||||
| ORD | Sale | 6,239 | 62.6988 EUR | ||||
| ORD | Sale | 8,161 | 62.7377 EUR | ||||
| ORD | Sale | 16,918 | 62.6251 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 | 434 | 62.8673 EUR | |||||
| ORD | SWAP | Long | 773 | 62.7494 EUR | |||||
| ORD | SWAP | Long | 1,789 | 62.7871 EUR | |||||
| ORD | CFD | Long | 20,999 | 62.6267 EUR | |||||
| ORD | CFD | Short | 14 | 62.8450 EUR | |||||
| ORD | CFD | Short | 34 | 62.8452 EUR | |||||
| ORD | CFD | Long | 96 | 17.0100 USD | |||||
| ORD | SWAP | Short | 117 | 62.5669 EUR | |||||
| ORD | SWAP | Short | 349 | 62.5127 EUR | |||||
| ORD | SWAP | Short | 395 | 62.5303 EUR | |||||
| ORD | SWAP | Short | 402 | 62.6004 EUR | |||||
| ORD | SWAP | Short | 561 | 62.5911 EUR | |||||
| ORD | SWAP | Short | 676 | 62.7720 EUR | |||||
| ORD | SWAP | Short | 1,774 | 62.6400 EUR | |||||
| ORD | CFD | Short | 4,371 | 62.8453 EUR | |||||
| ORD | CFD | Short | 11,419 | 62.6870 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: | 6 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.
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 | 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 | 62.0000 | 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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