4th Nov 2013 11:28
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: | 31 October 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: | 1,587,979 | 0.29% | 1,444,833 | 0.26% | ||||||
| (2) | Derivatives (other than | |||||||||
| options): | 2,215,893 | 0.40% | 1,281,234 | 0.23% | ||||||
| (3) | Options and agreements to | |||||||||
| purchase/sell: | 1,115,000 | 0.20% | 1,590,000 | 0.28% | ||||||
| (4) | TOTAL: | |||||||||
| 4,918,872 | 0.88% | 4,316,067 | 0.77% |
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 | 1 | 61.8800 EUR | ||||
| ORD (traded as ADR) | Purchase | 3 | 16.7500 USD | ||||
| ORD | Purchase | 8 | 61.7450 EUR | ||||
| ORD | Purchase | 12 | 61.7350 EUR | ||||
| ORD | Purchase | 17 | 61.9100 EUR | ||||
| ORD | Purchase | 21 | 61.0500 EUR | ||||
| ORD | Purchase | 41 | 61.7550 EUR | ||||
| ORD | Purchase | 43 | 61.7710 EUR | ||||
| ORD (traded as ADR) | Purchase | 48 | 16.8500 USD | ||||
| ORD | Purchase | 54 | 61.7880 EUR | ||||
| ORD | Purchase | 57 | 61.6500 EUR | ||||
| ORD | Purchase | 59 | 62.0925 EUR | ||||
| ORD | Purchase | 64 | 61.9150 EUR | ||||
| ORD (traded as ADR) | Purchase | 80 | 16.8000 USD | ||||
| ORD | Purchase | 82 | 61.6550 EUR | ||||
| ORD | Purchase | 98 | 61.7850 EUR | ||||
| ORD | Purchase | 98 | 61.7990 EUR | ||||
| ORD | Purchase | 99 | 61.9700 EUR | ||||
| ORD | Purchase | 100 | 61.9000 EUR | ||||
| ORD | Purchase | 108 | 61.8400 EUR | ||||
| ORD | Purchase | 119 | 61.8500 EUR | ||||
| ORD | Purchase | 129 | 61.7755 EUR | ||||
| ORD | Purchase | 135 | 61.7000 EUR | ||||
| ORD | Purchase | 145 | 61.6850 EUR | ||||
| ORD | Purchase | 146 | 61.6600 EUR | ||||
| ORD | Purchase | 147 | 61.9210 EUR | ||||
| ORD | Purchase | 163 | 61.9200 EUR | ||||
| ORD | Purchase | 168 | 61.7460 EUR | ||||
| ORD | Purchase | 207 | 61.8900 EUR | ||||
| ORD | Purchase | 209 | 61.8210 EUR | ||||
| ORD | Purchase | 238 | 61.8300 EUR | ||||
| ORD | Purchase | 288 | 61.6800 EUR | ||||
| ORD | Purchase | 291 | 61.7950 EUR | ||||
| ORD | Purchase | 313 | 61.7700 EUR | ||||
| ORD | Purchase | 329 | 61.7750 EUR | ||||
| ORD | Purchase | 370 | 61.9143 EUR | ||||
| ORD | Purchase | 377 | 61.4281 EUR | ||||
| ORD | Purchase | 466 | 61.7500 EUR | ||||
| ORD | Purchase | 512 | 61.8200 EUR | ||||
| ORD | Purchase | 581 | 61.8450 EUR | ||||
| ORD | Purchase | 687 | 61.8100 EUR | ||||
| ORD | Purchase | 972 | 61.8600 EUR | ||||
| ORD | Purchase | 1,066 | 61.7800 EUR | ||||
| ORD | Purchase | 1,245 | 61.7400 EUR | ||||
| ORD | Purchase | 1,313 | 61.7600 EUR | ||||
| ORD (traded as ADR) | Purchase | 1,558 | 16.8650 USD | ||||
| ORD | Purchase | 1,946 | 61.7900 EUR | ||||
| ORD | Purchase | 2,536 | 61.8000 EUR | ||||
| ORD | Purchase | 4,025 | 61.7881 EUR | ||||
| ORD | Purchase | 4,100 | 61.7765 EUR | ||||
| ORD | Purchase | 5,412 | 61.8229 EUR | ||||
| ORD | Purchase | 5,569 | 61.7730 EUR | ||||
| ORD | Purchase | 6,000 | 61.8348 EUR | ||||
| ORD | Purchase | 6,262 | 61.7866 EUR | ||||
| ORD | Purchase | 6,841 | 61.8417 EUR | ||||
| ORD | Purchase | 7,175 | 61.8058 EUR | ||||
| ORD | Purchase | 7,370 | 62.0500 EUR | ||||
| ORD | Purchase | 7,782 | 61.8369 EUR | ||||
| ORD | Purchase | 10,000 | 61.8017 EUR | ||||
| ORD | Purchase | 11,520 | 61.7604 EUR | ||||
| ORD | Purchase | 17,717 | 61.8181 EUR | ||||
| ORD | Purchase | 20,575 | 61.7905 EUR | ||||
| ORD | Purchase | 39,711 | 61.8099 EUR | ||||
| ORD | Sale | 1 | 61.8800 EUR | ||||
| ORD | Sale | 8 | 61.7450 EUR | ||||
| ORD | Sale | 12 | 61.7350 EUR | ||||
| ORD | Sale | 41 | 61.7550 EUR | ||||
| ORD | Sale | 43 | 61.7710 EUR | ||||
| ORD (traded as ADR) | Sale | 52 | 16.8431 USD | ||||
| ORD | Sale | 54 | 61.7880 EUR | ||||
| ORD | Sale | 57 | 61.6500 EUR | ||||
| ORD | Sale | 62 | 61.7250 EUR | ||||
| ORD | Sale | 64 | 61.9150 EUR | ||||
| ORD (traded as ADR) | Sale | 80 | 16.8000 USD | ||||
| ORD | Sale | 82 | 61.6550 EUR | ||||
| ORD | Sale | 98 | 61.7850 EUR | ||||
| ORD | Sale | 98 | 61.7990 EUR | ||||
| ORD | Sale | 99 | 61.9700 EUR | ||||
| ORD | Sale | 100 | 61.9000 EUR | ||||
| ORD | Sale | 108 | 61.8400 EUR | ||||
| ORD | Sale | 119 | 61.8500 EUR | ||||
| ORD | Sale | 135 | 61.7000 EUR | ||||
| ORD | Sale | 145 | 61.6850 EUR | ||||
| ORD | Sale | 146 | 61.6600 EUR | ||||
| ORD | Sale | 147 | 61.9210 EUR | ||||
| ORD | Sale | 168 | 61.7460 EUR | ||||
| ORD | Sale | 207 | 61.8900 EUR | ||||
| ORD | Sale | 209 | 61.8210 EUR | ||||
| ORD | Sale | 238 | 61.8300 EUR | ||||
| ORD | Sale | 288 | 61.6800 EUR | ||||
| ORD | Sale | 291 | 61.7950 EUR | ||||
| ORD | Sale | 313 | 61.7700 EUR | ||||
| ORD | Sale | 326 | 61.8472 EUR | ||||
| ORD | Sale | 326 | 61.9200 EUR | ||||
| ORD | Sale | 329 | 61.7750 EUR | ||||
| ORD | Sale | 432 | 61.8849 EUR | ||||
| ORD | Sale | 585 | 61.8200 EUR | ||||
| ORD | Sale | 736 | 61.8100 EUR | ||||
| ORD | Sale | 841 | 61.8572 EUR | ||||
| ORD | Sale | 972 | 61.8600 EUR | ||||
| ORD | Sale | 1,066 | 61.7800 EUR | ||||
| ORD | Sale | 1,149 | 61.7839 EUR | ||||
| ORD | Sale | 1,162 | 61.7200 EUR | ||||
| ORD | Sale | 1,245 | 61.7400 EUR | ||||
| ORD | Sale | 1,313 | 61.7600 EUR | ||||
| ORD | Sale | 1,388 | 61.2560 EUR | ||||
| ORD | Sale | 1,420 | 61.8549 EUR | ||||
| ORD (traded as ADR) | Sale | 1,558 | 16.8650 USD | ||||
| ORD | Sale | 1,686 | 62.0500 EUR | ||||
| ORD | Sale | 1,835 | 61.7611 EUR | ||||
| ORD | Sale | 2,046 | 61.7900 EUR | ||||
| ORD | Sale | 2,085 | 61.7863 EUR | ||||
| ORD | Sale | 2,536 | 61.8000 EUR | ||||
| ORD | Sale | 2,686 | 61.8135 EUR | ||||
| ORD | Sale | 3,165 | 61.8076 EUR | ||||
| ORD | Sale | 5,138 | 61.8130 EUR | ||||
| ORD | Sale | 5,531 | 61.7884 EUR | ||||
| ORD | Sale | 7,793 | 16.8650 USD | ||||
| ORD | Sale | 13,743 | 61.8239 EUR | ||||
| ORD | Sale | 19,283 | 62.0301 EUR | ||||
| ORD | Sale | 19,426 | 61.8999 EUR | ||||
| ORD | Sale | 20,098 | 61.8569 EUR | ||||
| ORD | Sale | 23,034 | 61.7500 EUR | ||||
| ORD | Sale | 23,281 | 61.7752 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 | 906 | 61.7256 EUR | |||||
| ORD | SWAP | Long | 1,394 | 61.8578 EUR | |||||
| ORD | SWAP | Long | 2,110 | 61.8816 EUR | |||||
| ORD | SWAP | Long | 2,351 | 61.9735 EUR | |||||
| ORD | SWAP | Long | 3,928 | 61.7978 EUR | |||||
| ORD | CFD | Long | 16,438 | 62.0447 EUR | |||||
| ORD | CFD | Long | 1,559 | 16.8650 USD | |||||
| ORD | SWAP | Short | 325 | 61.0506 EUR | |||||
| ORD | SWAP | Short | 500 | 61.6885 EUR | |||||
| ORD | CFD | Short | 555 | 61.1184 EUR | |||||
| ORD | SWAP | Short | 875 | 61.7178 EUR | |||||
| ORD | CFD | Short | 6,841 | 61.8417 EUR | |||||
| ORD | SWAP | Short | 7,125 | 61.8068 EUR | |||||
| ORD | SWAP | Short | 10,317 | 61.8184 EUR | |||||
| ORD | SWAP | Short | 25,642 | 61.7883 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: | 4 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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