31st Dec 2013 11:39
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: | 30 December 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: | 1,900,115 | 0.34% | 1,515,290 | 0.27% | |||||||
| (2) | Derivatives (other than | ||||||||||
| options): | 1,561,517 | 0.28% | 425,908 | 0.08% | |||||||
| (3) | Options and agreements to | ||||||||||
| purchase/sell: | 682,000 | 0.12% | 869,000 | 0.15% | |||||||
| (4) | TOTAL: | ||||||||||
| 4,143,632 | 0.74% | 2,810,198 | 0.50% |
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 | 7 | 17.5200 USD | ||||
| ORD | Purchase | 14 | 63.3450 EUR | ||||
| ORD | Purchase | 20 | 63.3700 EUR | ||||
| ORD | Purchase | 22 | 63.3940 EUR | ||||
| ORD | Purchase | 22 | 63.4160 EUR | ||||
| ORD | Purchase | 22 | 63.4300 EUR | ||||
| ORD | Purchase | 29 | 63.4750 EUR | ||||
| ORD (traded as ADR) | Purchase | 40 | 17.5369 USD | ||||
| ORD | Purchase | 44 | 63.3890 EUR | ||||
| ORD | Purchase | 50 | 63.1360 EUR | ||||
| ORD | Purchase | 50 | 63.2260 EUR | ||||
| ORD | Purchase | 50 | 63.2300 EUR | ||||
| ORD | Purchase | 56 | 63.2600 EUR | ||||
| ORD | Purchase | 56 | 63.5700 EUR | ||||
| ORD | Purchase | 58 | 63.3200 EUR | ||||
| ORD | Purchase | 60 | 63.0590 EUR | ||||
| ORD | Purchase | 63 | 63.3682 EUR | ||||
| ORD | Purchase | 98 | 63.4400 EUR | ||||
| ORD | Purchase | 105 | 63.0400 EUR | ||||
| ORD | Purchase | 105 | 63.1450 EUR | ||||
| ORD | Purchase | 125 | 63.4650 EUR | ||||
| ORD | Purchase | 131 | 63.0600 EUR | ||||
| ORD | Purchase | 140 | 63.1500 EUR | ||||
| ORD | Purchase | 143 | 63.2400 EUR | ||||
| ORD | Purchase | 144 | 63.1100 EUR | ||||
| ORD | Purchase | 145 | 63.0660 EUR | ||||
| ORD | Purchase | 157 | 63.0750 EUR | ||||
| ORD | Purchase | 166 | 63.3900 EUR | ||||
| ORD | Purchase | 171 | 63.3050 EUR | ||||
| ORD | Purchase | 174 | 63.2850 EUR | ||||
| ORD | Purchase | 179 | 63.4100 EUR | ||||
| ORD | Purchase | 209 | 63.2800 EUR | ||||
| ORD (traded as ADR) | Purchase | 218 | 17.5449 USD | ||||
| ORD | Purchase | 227 | 63.3610 EUR | ||||
| ORD | Purchase | 255 | 63.2050 EUR | ||||
| ORD | Purchase | 255 | 63.3550 EUR | ||||
| ORD | Purchase | 258 | 63.0500 EUR | ||||
| ORD | Purchase | 258 | 63.5000 EUR | ||||
| ORD | Purchase | 262 | 63.1150 EUR | ||||
| ORD | Purchase | 267 | 63.0550 EUR | ||||
| ORD | Purchase | 269 | 63.0800 EUR | ||||
| ORD | Purchase | 269 | 63.4950 EUR | ||||
| ORD | Purchase | 274 | 63.4800 EUR | ||||
| ORD | Purchase | 275 | 63.4700 EUR | ||||
| ORD | Purchase | 295 | 63.4900 EUR | ||||
| ORD | Purchase | 301 | 63.4069 EUR | ||||
| ORD | Purchase | 311 | 63.4850 EUR | ||||
| ORD | Purchase | 325 | 63.3950 EUR | ||||
| ORD | Purchase | 329 | 63.1050 EUR | ||||
| ORD | Purchase | 329 | 63.2680 EUR | ||||
| ORD | Purchase | 338 | 63.0950 EUR | ||||
| ORD | Purchase | 341 | 63.2950 EUR | ||||
| ORD | Purchase | 342 | 63.1400 EUR | ||||
| ORD | Purchase | 356 | 63.1258 EUR | ||||
| ORD | Purchase | 361 | 63.0850 EUR | ||||
| ORD | Purchase | 384 | 63.1250 EUR | ||||
| ORD | Purchase | 387 | 63.3800 EUR | ||||
| ORD | Purchase | 396 | 63.2100 EUR | ||||
| ORD | Purchase | 404 | 63.1600 EUR | ||||
| ORD | Purchase | 405 | 63.3100 EUR | ||||
| ORD | Purchase | 409 | 63.1350 EUR | ||||
| ORD | Purchase | 416 | 63.4550 EUR | ||||
| ORD | Purchase | 428 | 63.4350 EUR | ||||
| ORD | Purchase | 429 | 63.0900 EUR | ||||
| ORD | Purchase | 445 | 63.2500 EUR | ||||
| ORD | Purchase | 451 | 63.1000 EUR | ||||
| ORD | Purchase | 462 | 63.1550 EUR | ||||
| ORD | Purchase | 466 | 63.3000 EUR | ||||
| ORD | Purchase | 473 | 63.3400 EUR | ||||
| ORD | Purchase | 478 | 63.2900 EUR | ||||
| ORD | Purchase | 478 | 63.3750 EUR | ||||
| ORD | Purchase | 502 | 63.3850 EUR | ||||
| ORD | Purchase | 531 | 63.3300 EUR | ||||
| ORD | Purchase | 545 | 63.3650 EUR | ||||
| ORD | Purchase | 603 | 63.1200 EUR | ||||
| ORD | Purchase | 605 | 63.2084 EUR | ||||
| ORD | Purchase | 631 | 63.2579 EUR | ||||
| ORD | Purchase | 662 | 63.1300 EUR | ||||
| ORD | Purchase | 688 | 63.4200 EUR | ||||
| ORD | Purchase | 795 | 63.3600 EUR | ||||
| ORD | Purchase | 878 | 63.2700 EUR | ||||
| ORD | Purchase | 980 | 63.2553 EUR | ||||
| ORD | Purchase | 992 | 63.4600 EUR | ||||
| ORD | Purchase | 1,124 | 63.4000 EUR | ||||
| ORD | Purchase | 1,422 | 63.3508 EUR | ||||
| ORD | Purchase | 1,500 | 63.2780 EUR | ||||
| ORD | Purchase | 1,878 | 63.2308 EUR | ||||
| ORD | Purchase | 1,937 | 63.2896 EUR | ||||
| ORD | Purchase | 2,136 | 63.2036 EUR | ||||
| ORD | Purchase | 2,170 | 63.0558 EUR | ||||
| ORD (traded as ADR) | Purchase | 3,153 | 17.5120 USD | ||||
| ORD | Purchase | 13,116 | 63.2898 EUR | ||||
| ORD | Purchase | 24,629 | 63.3690 EUR | ||||
| ORD | Purchase | 27,019 | 63.2818 EUR | ||||
| ORD (traded as ADR) | Sale | 2 | 17.4800 USD | ||||
| ORD (traded as ADR) | Sale | 7 | 17.5200 USD | ||||
| ORD | Sale | 14 | 63.3450 EUR | ||||
| ORD | Sale | 20 | 63.3700 EUR | ||||
| ORD | Sale | 22 | 63.3940 EUR | ||||
| ORD | Sale | 22 | 63.4160 EUR | ||||
| ORD | Sale | 22 | 63.4300 EUR | ||||
| ORD | Sale | 29 | 63.3200 EUR | ||||
| ORD | Sale | 29 | 63.4750 EUR | ||||
| ORD (traded as ADR) | Sale | 38 | 17.5400 USD | ||||
| ORD | Sale | 44 | 63.3890 EUR | ||||
| ORD | Sale | 50 | 63.1360 EUR | ||||
| ORD | Sale | 50 | 63.2260 EUR | ||||
| ORD | Sale | 50 | 63.2300 EUR | ||||
| ORD | Sale | 56 | 63.2600 EUR | ||||
| ORD | Sale | 56 | 63.5700 EUR | ||||
| ORD | Sale | 60 | 63.0590 EUR | ||||
| ORD | Sale | 90 | 63.4929 EUR | ||||
| ORD | Sale | 98 | 63.4400 EUR | ||||
| ORD | Sale | 105 | 63.0400 EUR | ||||
| ORD | Sale | 105 | 63.1450 EUR | ||||
| ORD (traded as ADR) | Sale | 109 | 17.5449 USD | ||||
| ORD (traded as ADR) | Sale | 109 | 17.5450 USD | ||||
| ORD | Sale | 125 | 63.4650 EUR | ||||
| ORD | Sale | 131 | 63.0600 EUR | ||||
| ORD | Sale | 140 | 63.1500 EUR | ||||
| ORD | Sale | 143 | 63.2400 EUR | ||||
| ORD | Sale | 144 | 63.1100 EUR | ||||
| ORD | Sale | 145 | 63.0660 EUR | ||||
| ORD | Sale | 149 | 63.4336 EUR | ||||
| ORD | Sale | 157 | 63.0750 EUR | ||||
| ORD | Sale | 166 | 63.3900 EUR | ||||
| ORD | Sale | 171 | 63.3050 EUR | ||||
| ORD | Sale | 174 | 63.2850 EUR | ||||
| ORD | Sale | 179 | 63.4100 EUR | ||||
| ORD | Sale | 209 | 63.2800 EUR | ||||
| ORD | Sale | 227 | 63.3610 EUR | ||||
| ORD | Sale | 255 | 63.2050 EUR | ||||
| ORD | Sale | 255 | 63.3550 EUR | ||||
| ORD | Sale | 258 | 63.5000 EUR | ||||
| ORD | Sale | 262 | 63.1150 EUR | ||||
| ORD | Sale | 267 | 63.0550 EUR | ||||
| ORD | Sale | 269 | 63.0800 EUR | ||||
| ORD | Sale | 269 | 63.4950 EUR | ||||
| ORD | Sale | 274 | 63.4800 EUR | ||||
| ORD | Sale | 275 | 63.4700 EUR | ||||
| ORD | Sale | 295 | 63.4900 EUR | ||||
| ORD | Sale | 311 | 63.4850 EUR | ||||
| ORD | Sale | 314 | 63.2703 EUR | ||||
| ORD | Sale | 325 | 63.3950 EUR | ||||
| ORD | Sale | 329 | 63.1050 EUR | ||||
| ORD | Sale | 329 | 63.2680 EUR | ||||
| ORD | Sale | 338 | 63.0950 EUR | ||||
| ORD | Sale | 341 | 63.2950 EUR | ||||
| ORD | Sale | 341 | 63.3125 EUR | ||||
| ORD | Sale | 342 | 63.1400 EUR | ||||
| ORD | Sale | 361 | 63.0850 EUR | ||||
| ORD | Sale | 384 | 63.1250 EUR | ||||
| ORD | Sale | 387 | 63.3800 EUR | ||||
| ORD | Sale | 396 | 63.2100 EUR | ||||
| ORD | Sale | 404 | 63.1600 EUR | ||||
| ORD | Sale | 405 | 63.3100 EUR | ||||
| ORD | Sale | 409 | 63.1350 EUR | ||||
| ORD | Sale | 416 | 63.4550 EUR | ||||
| ORD | Sale | 428 | 63.4350 EUR | ||||
| ORD | Sale | 445 | 63.2500 EUR | ||||
| ORD | Sale | 451 | 63.1000 EUR | ||||
| ORD | Sale | 462 | 63.1550 EUR | ||||
| ORD | Sale | 466 | 63.3000 EUR | ||||
| ORD | Sale | 469 | 63.0900 EUR | ||||
| ORD | Sale | 469 | 63.1644 EUR | ||||
| ORD | Sale | 473 | 63.3400 EUR | ||||
| ORD | Sale | 478 | 63.2900 EUR | ||||
| ORD | Sale | 478 | 63.3750 EUR | ||||
| ORD | Sale | 502 | 63.3850 EUR | ||||
| ORD | Sale | 514 | 63.0500 EUR | ||||
| ORD | Sale | 531 | 63.3300 EUR | ||||
| ORD | Sale | 535 | 63.2988 EUR | ||||
| ORD | Sale | 545 | 63.3650 EUR | ||||
| ORD | Sale | 603 | 63.1200 EUR | ||||
| ORD | Sale | 622 | 62.9577 EUR | ||||
| ORD | Sale | 662 | 63.1300 EUR | ||||
| ORD | Sale | 688 | 63.4200 EUR | ||||
| ORD | Sale | 713 | 63.4652 EUR | ||||
| ORD | Sale | 795 | 63.3600 EUR | ||||
| ORD | Sale | 878 | 63.2700 EUR | ||||
| ORD | Sale | 992 | 63.4600 EUR | ||||
| ORD | Sale | 995 | 63.1214 EUR | ||||
| ORD | Sale | 1,564 | 63.3197 EUR | ||||
| ORD | Sale | 1,636 | 63.5773 EUR | ||||
| ORD | Sale | 2,860 | 63.7600 EUR | ||||
| ORD | Sale | 2,881 | 63.3787 EUR | ||||
| ORD | Sale | 3,131 | 63.2793 EUR | ||||
| ORD | Sale | 3,137 | 63.3559 EUR | ||||
| ORD (traded as ADR) | Sale | 3,153 | 17.5120 USD | ||||
| ORD | Sale | 8,106 | 63.4000 EUR | ||||
| ORD | Sale | 8,414 | 63.2743 EUR | ||||
| ORD | Sale | 10,000 | 63.4095 EUR | ||||
| ORD | Sale | 15,763 | 17.5120 USD | ||||
| ORD | Sale | 24,065 | 63.4929 EUR | ||||
| ORD | Sale | 30,300 | 63.2987 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 | 208 | 63.3442 EUR | |||||
| ORD | CFD | Long | 479 | 63.3543 EUR | |||||
| ORD | SWAP | Long | 622 | 62.9578 EUR | |||||
| ORD | CFD | Long | 1,636 | 63.5773 EUR | |||||
| ORD | SWAP | Long | 1,688 | 63.3569 EUR | |||||
| ORD | SWAP | Long | 2,881 | 63.3787 EUR | |||||
| ORD | CFD | Long | 3,354 | 63.5391 EUR | |||||
| ORD | CFD | Long | 5,190 | 63.7545 EUR | |||||
| ORD | CFD | Long | 14,695 | 63.3946 EUR | |||||
| ORD | SWAP | Short | 100 | 63.3000 EUR | |||||
| ORD | SWAP | Short | 100 | 63.3200 EUR | |||||
| ORD | SWAP | Short | 301 | 63.4069 EUR | |||||
| ORD | CFD | Short | 919 | 63.3686 EUR | |||||
| ORD | CFD | Short | 1,422 | 63.3508 EUR | |||||
| ORD | CFD | Short | 2,170 | 63.0558 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: | 31 Dec 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 | 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 | 100,000 | 48.0000 | American | 19 Dec 2014 | |||||||
| ORD | Put Options | Written | -100,000 | 50.0000 | American | 19 Dec 2014 | |||||||
| ORD | Put Options | Written | -50,000 | 52.0000 | American | 19 Dec 2014 | |||||||
| ORD | Call Options | Purchased | 63,700 | 60.0000 | American | 21 Feb 2014 | |||||||
| ORD | Call Options | Purchased | 75,000 | 60.0000 | American | 19 Dec 2014 | |||||||
| 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 | Purchased | 100,000 | 80.0000 | American | 19 Dec 2014 | |||||||
| ORD | Call Options | Written | -119,000 | 60.0000 | American | 21 Feb 2014 | |||||||
| ORD | Call Options | Written | -50,000 | 64.0000 | American | 19 Dec 2014 |
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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