Form 8.5 (EPT/NON-RI) - Schneider Electric SA - AMENDMENT

12th Nov 2013 11:41

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:		8 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:		1,736,826		0.31%		1,541,742		0.28%
(2)		Derivatives (other than
		options):		2,311,275		0.41%		1,380,700		0.25%
(3)		Options and agreements to
		purchase/sell:		1,115,000		0.20%		1,590,000		0.28%
(4)		TOTAL:
				5,163,101		0.92%		4,512,442		0.81%

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		1		16.3900 USD
ORD		Purchase		26		61.2500 EUR
ORD		Purchase		27		61.7310 EUR
ORD		Purchase		28		61.7620 EUR
ORD		Purchase		30		61.7350 EUR
ORD		Purchase		30		61.7360 EUR
ORD		Purchase		30		61.9310 EUR
ORD		Purchase		35		61.6110 EUR
ORD		Purchase		35		61.6210 EUR
ORD		Purchase		35		61.6260 EUR
ORD		Purchase		41		61.0300 EUR
ORD		Purchase		41		61.6560 EUR
ORD		Purchase		46		61.7300 EUR
ORD		Purchase		46		61.7550 EUR
ORD		Purchase		46		61.7750 EUR
ORD		Purchase		46		61.7900 EUR
ORD		Purchase		46		61.8050 EUR
ORD		Purchase		50		61.1400 EUR
ORD		Purchase		54		61.2900 EUR
ORD (traded as ADR)		Purchase		59		16.5000 USD
ORD		Purchase		64		61.6960 EUR
ORD		Purchase		69		61.5150 EUR
ORD		Purchase		69		61.6750 EUR
ORD		Purchase		73		61.8020 EUR
ORD		Purchase		86		61.1204 EUR
ORD		Purchase		98		61.7800 EUR
ORD		Purchase		110		61.5450 EUR
ORD		Purchase		114		61.6460 EUR
ORD		Purchase		138		61.5550 EUR
ORD		Purchase		155		61.5610 EUR
ORD		Purchase		156		61.2200 EUR
ORD (traded as ADR)		Purchase		180		16.5077 USD
ORD		Purchase		183		61.0950 EUR
ORD		Purchase		183		61.5950 EUR
ORD		Purchase		189		61.6810 EUR
ORD		Purchase		192		61.7010 EUR
ORD		Purchase		194		61.6905 EUR
ORD		Purchase		195		61.5710 EUR
ORD		Purchase		196		61.5350 EUR
ORD		Purchase		198		61.6910 EUR
ORD		Purchase		205		61.1500 EUR
ORD		Purchase		205		61.6940 EUR
ORD		Purchase		209		61.5210 EUR
ORD		Purchase		214		61.7910 EUR
ORD		Purchase		217		61.7240 EUR
ORD		Purchase		240		61.5200 EUR
ORD		Purchase		242		61.5460 EUR
ORD		Purchase		266		61.6410 EUR
ORD		Purchase		274		61.7850 EUR
ORD		Purchase		275		61.6610 EUR
ORD		Purchase		279		61.6250 EUR
ORD		Purchase		302		61.2000 EUR
ORD		Purchase		304		61.6710 EUR
ORD		Purchase		317		61.6650 EUR
ORD		Purchase		320		61.6150 EUR
ORD		Purchase		321		61.7700 EUR
ORD		Purchase		344		61.5910 EUR
ORD		Purchase		357		61.6450 EUR
ORD		Purchase		375		61.5300 EUR
ORD		Purchase		407		61.6800 EUR
ORD		Purchase		413		61.5750 EUR
ORD		Purchase		422		61.6050 EUR
ORD		Purchase		444		61.2835 EUR
ORD		Purchase		459		61.6310 EUR
ORD		Purchase		496		61.6700 EUR
ORD		Purchase		508		61.5000 EUR
ORD		Purchase		520		61.1000 EUR
ORD		Purchase		520		61.1800 EUR
ORD		Purchase		523		61.4900 EUR
ORD		Purchase		526		61.5510 EUR
ORD		Purchase		629		61.6010 EUR
ORD		Purchase		633		61.7400 EUR
ORD		Purchase		638		61.5410 EUR
ORD		Purchase		638		61.6900 EUR
ORD		Purchase		669		61.5600 EUR
ORD		Purchase		724		61.6350 EUR
ORD		Purchase		752		61.6400 EUR
ORD		Purchase		761		61.5900 EUR
ORD		Purchase		781		61.5850 EUR
ORD		Purchase		786		61.5700 EUR
ORD		Purchase		811		61.5500 EUR
ORD		Purchase		976		61.5400 EUR
ORD		Purchase		1,031		61.5800 EUR
ORD		Purchase		1,079		61.5650 EUR
ORD		Purchase		1,087		61.6171 EUR
ORD		Purchase		1,119		61.6850 EUR
ORD		Purchase		1,218		61.6787 EUR
ORD		Purchase		1,223		61.7500 EUR
ORD		Purchase		1,238		61.5290 EUR
ORD		Purchase		1,251		61.6000 EUR
ORD		Purchase		1,254		61.6600 EUR
ORD		Purchase		1,255		61.7000 EUR
ORD		Purchase		1,630		61.6100 EUR
ORD		Purchase		1,691		61.6300 EUR
ORD		Purchase		1,853		61.7973 EUR
ORD		Purchase		1,882		61.6500 EUR
ORD		Purchase		2,313		61.6200 EUR
ORD		Purchase		2,421		61.6703 EUR
ORD		Purchase		2,585		61.5983 EUR
ORD		Purchase		2,806		61.6950 EUR
ORD		Purchase		3,791		61.4386 EUR
ORD		Purchase		6,300		61.9800 EUR
ORD		Purchase		7,063		61.5915 EUR
ORD		Purchase		8,192		61.7200 EUR
ORD		Purchase		10,000		61.7101 EUR
ORD		Purchase		11,274		61.8362 EUR
ORD		Purchase		12,470		61.4806 EUR
ORD		Purchase		15,920		61.5664 EUR
ORD		Purchase		22,572		61.1900 EUR
ORD		Purchase		23,752		61.6062 EUR
ORD		Purchase		49,702		61.5363 EUR
ORD		Purchase		53,822		61.5829 EUR
ORD (traded as ADR)		Sale		1		16.3900 USD
ORD		Sale		5		61.6460 EUR
ORD		Sale		26		61.2500 EUR
ORD		Sale		27		61.7310 EUR
ORD		Sale		28		61.7620 EUR
ORD		Sale		30		61.7350 EUR
ORD		Sale		30		61.7360 EUR
ORD		Sale		30		61.9310 EUR
ORD		Sale		35		61.6110 EUR
ORD		Sale		35		61.6210 EUR
ORD		Sale		35		61.6260 EUR
ORD		Sale		41		61.0300 EUR
ORD		Sale		41		61.6560 EUR
ORD		Sale		46		61.7300 EUR
ORD		Sale		46		61.7550 EUR
ORD		Sale		46		61.7750 EUR
ORD		Sale		46		61.7900 EUR
ORD		Sale		46		61.8050 EUR
ORD		Sale		50		61.1400 EUR
ORD		Sale		54		61.2900 EUR
ORD (traded as ADR)		Sale		59		16.5000 USD
ORD		Sale		64		61.6960 EUR
ORD		Sale		69		61.5150 EUR
ORD		Sale		69		61.6750 EUR
ORD		Sale		73		61.8020 EUR
ORD		Sale		85		61.1311 EUR
ORD		Sale		98		61.7800 EUR
ORD		Sale		110		61.5450 EUR
ORD		Sale		138		61.5550 EUR
ORD		Sale		155		61.5610 EUR
ORD		Sale		156		61.2200 EUR
ORD		Sale		170		61.5545 EUR
ORD (traded as ADR)		Sale		180		16.5077 USD
ORD		Sale		183		61.0950 EUR
ORD		Sale		183		61.5950 EUR
ORD		Sale		189		61.6810 EUR
ORD		Sale		192		61.7010 EUR
ORD		Sale		195		61.5710 EUR
ORD		Sale		196		61.5350 EUR
ORD		Sale		198		61.6910 EUR
ORD		Sale		205		61.1500 EUR
ORD		Sale		205		61.6940 EUR
ORD		Sale		209		61.5210 EUR
ORD		Sale		214		61.7910 EUR
ORD		Sale		217		61.3866 EUR
ORD		Sale		217		61.7240 EUR
ORD		Sale		240		61.5200 EUR
ORD		Sale		242		61.5460 EUR
ORD		Sale		246		61.1300 EUR
ORD		Sale		266		61.6410 EUR
ORD		Sale		274		61.7850 EUR
ORD		Sale		275		61.6610 EUR
ORD		Sale		279		61.6250 EUR
ORD		Sale		302		61.2000 EUR
ORD		Sale		304		61.6710 EUR
ORD		Sale		309		61.6822 EUR
ORD		Sale		317		61.6650 EUR
ORD		Sale		320		61.6150 EUR
ORD		Sale		321		61.7200 EUR
ORD		Sale		321		61.7700 EUR
ORD		Sale		344		61.5910 EUR
ORD		Sale		357		61.6450 EUR
ORD		Sale		366		61.4900 EUR
ORD		Sale		375		61.5300 EUR
ORD		Sale		386		61.3300 EUR
ORD		Sale		407		61.6800 EUR
ORD		Sale		413		61.5750 EUR
ORD		Sale		422		61.6050 EUR
ORD		Sale		459		61.6310 EUR
ORD		Sale		494		61.4951 EUR
ORD		Sale		496		61.6700 EUR
ORD		Sale		514		61.9591 EUR
ORD		Sale		520		61.1000 EUR
ORD		Sale		520		61.1800 EUR
ORD		Sale		526		61.5510 EUR
ORD		Sale		629		61.6010 EUR
ORD		Sale		633		61.7400 EUR
ORD		Sale		638		61.5410 EUR
ORD		Sale		638		61.6900 EUR
ORD		Sale		669		61.5600 EUR
ORD		Sale		724		61.6350 EUR
ORD		Sale		752		61.6400 EUR
ORD		Sale		761		61.5900 EUR
ORD		Sale		781		61.5850 EUR
ORD		Sale		786		61.5700 EUR
ORD		Sale		811		61.5500 EUR
ORD		Sale		833		61.9022 EUR
ORD		Sale		900		16.5077 USD
ORD		Sale		1,031		61.5800 EUR
ORD		Sale		1,079		61.5650 EUR
ORD		Sale		1,119		61.6850 EUR
ORD		Sale		1,145		61.6000 EUR
ORD		Sale		1,222		61.5400 EUR
ORD		Sale		1,223		61.7500 EUR
ORD		Sale		1,254		61.6600 EUR
ORD		Sale		1,341		61.7000 EUR
ORD		Sale		1,630		61.6100 EUR
ORD		Sale		1,691		61.6300 EUR
ORD		Sale		1,882		61.6500 EUR
ORD		Sale		1,999		61.3926 EUR
ORD		Sale		2,174		61.3320 EUR
ORD		Sale		2,313		61.6200 EUR
ORD		Sale		2,427		61.3985 EUR
ORD		Sale		4,668		61.5697 EUR
ORD		Sale		6,300		61.9800 EUR
ORD		Sale		7,176		61.9519 EUR
ORD		Sale		7,985		61.6014 EUR
ORD		Sale		8,789		61.4009 EUR
ORD		Sale		15,765		61.5306 EUR
ORD		Sale		15,891		61.4503 EUR
ORD		Sale		27,166		61.7105 EUR
ORD		Sale		29,880		61.4350 EUR
ORD		Sale		87,188		61.6390 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		400		61.1908 EUR
ORD		SWAP		Long		1,269		61.4386 EUR
ORD		CFD		Long		180		16.5077 USD
ORD		CFD		Long		2,427		61.3985 EUR
ORD		CFD		Long		26,284		61.7147 EUR
ORD		CFD		Short		20		61.1945 EUR
ORD		SWAP		Short		1,178		61.2079 EUR
ORD		SWAP		Short		1,580		61.2437 EUR
ORD		SWAP		Short		3,791		61.4386 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:		12 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.

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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