25th Sep 2013 11:55
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: | 23 September 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: | 1,504,348 | 0.27% | 1,184,937 | 0.21% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 2,010,178 | 0.36% | 1,356,003 | 0.24% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 1,015,000 | 0.18% | 1,690,000 | 0.30% | |||||||
| (4) | TOTAL: | ||||||||||
| 4,529,526 | 0.81% | 4,230,940 | 0.76% | ||||||||
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 | 64.7400 EUR | ||||
| ORD | Purchase | 33 | 64.7700 EUR | ||||
| ORD | Purchase | 36 | 64.8010 EUR | ||||
| ORD | Purchase | 41 | 64.6500 EUR | ||||
| ORD | Purchase | 42 | 64.5400 EUR | ||||
| ORD | Purchase | 68 | 64.6540 EUR | ||||
| ORD | Purchase | 68 | 64.6550 EUR | ||||
| ORD | Purchase | 68 | 64.7750 EUR | ||||
| ORD | Purchase | 80 | 64.9300 EUR | ||||
| ORD | Purchase | 82 | 64.6950 EUR | ||||
| ORD | Purchase | 100 | 64.9500 EUR | ||||
| ORD | Purchase | 109 | 64.9090 EUR | ||||
| ORD | Purchase | 111 | 64.5900 EUR | ||||
| ORD | Purchase | 133 | 64.8500 EUR | ||||
| ORD | Purchase | 137 | 64.7910 EUR | ||||
| ORD | Purchase | 156 | 65.1600 EUR | ||||
| ORD | Purchase | 156 | 65.2200 EUR | ||||
| ORD | Purchase | 168 | 64.8000 EUR | ||||
| ORD | Purchase | 200 | 17.4400 USD | ||||
| ORD | Purchase | 250 | 65.2900 EUR | ||||
| ORD | Purchase | 250 | 65.3000 EUR | ||||
| ORD | Purchase | 274 | 64.9864 EUR | ||||
| ORD | Purchase | 302 | 64.6800 EUR | ||||
| ORD | Purchase | 305 | 64.9800 EUR | ||||
| ORD | Purchase | 340 | 64.7000 EUR | ||||
| ORD | Purchase | 400 | 64.7200 EUR | ||||
| ORD | Purchase | 403 | 65.1482 EUR | ||||
| ORD | Purchase | 471 | 64.4100 EUR | ||||
| ORD | Purchase | 387 | 64.9900 EUR | ||||
| ORD | Purchase | 574 | 64.9150 EUR | ||||
| ORD | Purchase | 578 | 64.7100 EUR | ||||
| ORD | Purchase | 647 | 64.9600 EUR | ||||
| ORD | Purchase | 746 | 64.6900 EUR | ||||
| ORD | Purchase | 839 | 64.9476 EUR | ||||
| ORD | Purchase | 1,074 | 64.7300 EUR | ||||
| ORD | Purchase | 1,130 | 64.9066 EUR | ||||
| ORD | Purchase | 1,206 | 65.0312 EUR | ||||
| ORD | Purchase | 1,310 | 64.8335 EUR | ||||
| ORD | Purchase | 1,474 | 64.7617 EUR | ||||
| ORD | Purchase | 1,655 | 64.9216 EUR | ||||
| ORD | Purchase | 2,138 | 64.9700 EUR | ||||
| ORD | Purchase | 2,400 | 65.0000 EUR | ||||
| ORD | Purchase | 3,452 | 65.1616 EUR | ||||
| ORD | Purchase | 3,801 | 64.9699 EUR | ||||
| ORD | Purchase | 4,667 | 64.9652 EUR | ||||
| ORD | Purchase | 6,280 | 64.7737 EUR | ||||
| ORD | Purchase | 11,380 | 64.7963 EUR | ||||
| ORD | Purchase | 15,461 | 64.8002 EUR | ||||
| ORD | Purchase | 16,191 | 64.9486 EUR | ||||
| ORD | Purchase | 38,415 | 64.9243 EUR | ||||
| ORD | Purchase | 1,000 | 64.9200 EUR | ||||
| ORD (traded as ADR) | Purchase | 29 | 17.4800 USD | ||||
| ORD (traded as ADR) | Purchase | 40 | 17.4400 USD | ||||
| ORD (traded as ADR) | Purchase | 121 | 17.4585 USD | ||||
| ORD (traded as ADR) | Purchase | 197 | 17.4989 USD | ||||
| ORD (traded as ADR) | Sale | 7 | 17.4700 USD | ||||
| ORD (traded as ADR) | Sale | 29 | 17.4800 USD | ||||
| ORD (traded as ADR) | Sale | 30 | 17.4540 USD | ||||
| ORD (traded as ADR) | Sale | 40 | 17.4400 USD | ||||
| ORD (traded as ADR) | Sale | 83 | 17.4500 USD | ||||
| ORD (traded as ADR) | Sale | 197 | 17.4989 USD | ||||
| ORD | Sale | 1,093 | 64.7461 EUR | ||||
| ORD | Sale | 7 | 64.7400 EUR | ||||
| ORD | Sale | 18 | 65.1700 EUR | ||||
| ORD | Sale | 33 | 64.7700 EUR | ||||
| ORD | Sale | 36 | 64.8010 EUR | ||||
| ORD | Sale | 41 | 64.6500 EUR | ||||
| ORD | Sale | 42 | 64.5400 EUR | ||||
| ORD | Sale | 68 | 64.6540 EUR | ||||
| ORD | Sale | 68 | 64.6550 EUR | ||||
| ORD | Sale | 68 | 64.7750 EUR | ||||
| ORD | Sale | 80 | 64.9300 EUR | ||||
| ORD | Sale | 82 | 64.6950 EUR | ||||
| ORD | Sale | 109 | 64.5900 EUR | ||||
| ORD | Sale | 109 | 64.9090 EUR | ||||
| ORD | Sale | 116 | 64.7500 EUR | ||||
| ORD | Sale | 133 | 64.8500 EUR | ||||
| ORD | Sale | 137 | 64.7910 EUR | ||||
| ORD | Sale | 156 | 65.1600 EUR | ||||
| ORD | Sale | 156 | 65.2200 EUR | ||||
| ORD | Sale | 168 | 64.8000 EUR | ||||
| ORD | Sale | 250 | 65.2900 EUR | ||||
| ORD | Sale | 250 | 65.3000 EUR | ||||
| ORD | Sale | 287 | 64.9900 EUR | ||||
| ORD | Sale | 300 | 64.8045 EUR | ||||
| ORD | Sale | 302 | 64.6800 EUR | ||||
| ORD | Sale | 305 | 64.9800 EUR | ||||
| ORD | Sale | 337 | 65.1482 EUR | ||||
| ORD | Sale | 340 | 64.7000 EUR | ||||
| ORD | Sale | 400 | 64.7200 EUR | ||||
| ORD | Sale | 471 | 64.4100 EUR | ||||
| ORD | Sale | 578 | 64.7100 EUR | ||||
| ORD | Sale | 620 | 65.0127 EUR | ||||
| ORD | Sale | 623 | 64.9600 EUR | ||||
| ORD | Sale | 639 | 64.7178 EUR | ||||
| ORD | Sale | 746 | 64.6900 EUR | ||||
| ORD | Sale | 832 | 65.0097 EUR | ||||
| ORD | Sale | 892 | 64.9891 EUR | ||||
| ORD | Sale | 987 | 17.4989 USD | ||||
| ORD | Sale | 993 | 65.0241 EUR | ||||
| ORD | Sale | 1,062 | 64.9906 EUR | ||||
| ORD | Sale | 1,150 | 64.7977 EUR | ||||
| ORD | Sale | 2,010 | 65.0398 EUR | ||||
| ORD | Sale | 2,138 | 64.9700 EUR | ||||
| ORD | Sale | 2,204 | 64.7862 EUR | ||||
| ORD | Sale | 2,400 | 65.0000 EUR | ||||
| ORD | Sale | 2,424 | 64.9359 EUR | ||||
| ORD | Sale | 3,551 | 64.8413 EUR | ||||
| ORD | Sale | 4,014 | 65.2320 EUR | ||||
| ORD | Sale | 4,247 | 65.1287 EUR | ||||
| ORD | Sale | 4,946 | 64.9819 EUR | ||||
| ORD | Sale | 8,475 | 64.7300 EUR | ||||
| ORD | Sale | 8,643 | 64.8330 EUR | ||||
| ORD | Sale | 13,518 | 64.9110 EUR | ||||
| ORD | Sale | 26,343 | 64.7886 EUR | ||||
| ORD | Sale | 28,837 | 64.9431 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 | 40 | 64.7215 EUR | |||||
| ORD | SWAP | Long | 639 | 64.7178 EUR | |||||
| ORD | SWAP | Long | 1,028 | 64.9428 EUR | |||||
| ORD | SWAP | Long | 2,085 | 64.9956 EUR | |||||
| ORD | SWAP | Long | 2,174 | 65.1832 EUR | |||||
| ORD | CFD | Long | 197 | 17.4989 USD | |||||
| ORD | CFD | Short | 40 | 17.4400 USD | |||||
| ORD | CFD | Long | 4,014 | 65.2320 EUR | |||||
| ORD | CFD | Short | 74 | 64.4483 EUR | |||||
| ORD | SWAP | Short | 264 | 64.9097 EUR | |||||
| ORD | SWAP | Short | 1,017 | 64.9215 EUR | |||||
| ORD | SWAP | Short | 3,452 | 65.1616 EUR | |||||
| ORD | SWAP | Short | 6,601 | 64.7699 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: | 25 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.
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 | 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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