FORM 8.5 (EPT/NON-RI) Schneider Electric SA

4th Dec 2013 11:28

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:		3 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:		1,818,190		0.32%		1,609,042		0.29%
(2)	Derivatives (other than
	options):		2,370,036		0.42%		1,423,007		0.25%
(3)	Options and agreements to
	purchase/sell:		1,483,300		0.26%		1,715,000		0.31%
(4)	TOTAL:
			5,670,735		1.01%		4,747,049		0.85%

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		21		61.1700 EUR
ORD		Purchase		27		59.8400 EUR
ORD		Purchase		27		60.1450 EUR
ORD		Purchase		28		60.1860 EUR
ORD		Purchase		30		59.7600 EUR
ORD		Purchase		30		61.4700 EUR
ORD		Purchase		33		60.5100 EUR
ORD		Purchase		34		60.1250 EUR
ORD		Purchase		42		60.0400 EUR
ORD		Purchase		42		60.0910 EUR
ORD		Purchase		42		60.1010 EUR
ORD		Purchase		42		60.1310 EUR
ORD		Purchase		44		60.4500 EUR
ORD		Purchase		46		61.2600 EUR
ORD (traded as ADR)		Purchase		60		16.2433 USD
ORD		Purchase		63		60.4350 EUR
ORD		Purchase		64		60.1960 EUR
ORD		Purchase		65		61.0100 EUR
ORD		Purchase		68		59.8300 EUR
ORD		Purchase		70		60.0950 EUR
ORD		Purchase		70		60.1150 EUR
ORD		Purchase		70		60.1950 EUR
ORD		Purchase		85		60.1200 EUR
ORD		Purchase		102		59.8100 EUR
ORD		Purchase		104		61.4600 EUR
ORD		Purchase		112		60.1850 EUR
ORD		Purchase		140		60.0500 EUR
ORD		Purchase		140		60.1050 EUR
ORD		Purchase		140		60.1350 EUR
ORD (traded as ADR)		Purchase		140		16.1400 USD
ORD		Purchase		150		59.8000 EUR
ORD (traded as ADR)		Purchase		162		16.7420 USD
ORD		Purchase		185		61.4800 EUR
ORD		Purchase		205		60.0600 EUR
ORD		Purchase		210		60.1650 EUR
ORD		Purchase		232		60.2100 EUR
ORD		Purchase		233		60.2210 EUR
ORD		Purchase		238		60.1550 EUR
ORD		Purchase		243		60.4900 EUR
ORD		Purchase		255		60.5000 EUR
ORD		Purchase		260		60.1400 EUR
ORD		Purchase		260		60.6000 EUR
ORD		Purchase		269		61.5000 EUR
ORD		Purchase		279		60.0900 EUR
ORD		Purchase		297		60.1510 EUR
ORD		Purchase		312		60.1300 EUR
ORD		Purchase		324		61.4900 EUR
ORD		Purchase		326		60.4400 EUR
ORD (traded as ADR)		Purchase		354		16.1600 USD
ORD		Purchase		362		60.1000 EUR
ORD		Purchase		399		60.1600 EUR
ORD		Purchase		400		59.8700 EUR
ORD		Purchase		450		60.1116 EUR
ORD		Purchase		498		60.1700 EUR
ORD		Purchase		535		60.1900 EUR
ORD		Purchase		747		60.1800 EUR
ORD		Purchase		828		60.1500 EUR
ORD		Purchase		840		60.2000 EUR
ORD		Purchase		998		60.1100 EUR
ORD		Purchase		2,552		60.1847 EUR
ORD		Purchase		3,323		60.2854 EUR
ORD		Purchase		4,136		59.6500 EUR
ORD		Purchase		5,000		60.8997 EUR
ORD		Purchase		6,926		60.1732 EUR
ORD		Purchase		8,132		60.1408 EUR
ORD		Purchase		8,350		60.1305 EUR
ORD		Purchase		13,130		60.2910 EUR
ORD		Purchase		24,554		60.0986 EUR
ORD		Purchase		24,655		59.6500 EUR
ORD		Purchase		28,206		60.3300 EUR
ORD		Purchase		39,007		60.4285 EUR
ORD		Purchase		70,938		60.2522 EUR
ORD		Sale		21		61.1700 EUR
ORD		Sale		27		59.8400 EUR
ORD		Sale		27		60.1450 EUR
ORD		Sale		28		60.1860 EUR
ORD		Sale		30		59.7600 EUR
ORD		Sale		30		61.4700 EUR
ORD		Sale		34		60.1250 EUR
ORD		Sale		42		60.0400 EUR
ORD		Sale		42		60.0910 EUR
ORD		Sale		42		60.1010 EUR
ORD		Sale		42		60.1310 EUR
ORD		Sale		44		60.4500 EUR
ORD		Sale		46		61.2600 EUR
ORD (traded as ADR)		Sale		60		16.2433 USD
ORD		Sale		63		60.4350 EUR
ORD		Sale		64		60.1960 EUR
ORD		Sale		65		61.0100 EUR
ORD		Sale		66		60.5100 EUR
ORD		Sale		68		59.8300 EUR
ORD		Sale		70		60.0950 EUR
ORD		Sale		70		60.1150 EUR
ORD		Sale		70		60.1950 EUR
ORD		Sale		85		60.1200 EUR
ORD		Sale		102		59.8100 EUR
ORD		Sale		104		61.4600 EUR
ORD		Sale		112		60.1850 EUR
ORD		Sale		140		60.0500 EUR
ORD		Sale		140		60.1050 EUR
ORD		Sale		140		60.1350 EUR
ORD		Sale		140		61.4975 EUR
ORD		Sale		150		59.8000 EUR
ORD		Sale		185		61.4800 EUR
ORD		Sale		202		60.5000 EUR
ORD (traded as ADR)		Sale		204		16.7420 USD
ORD		Sale		205		60.0600 EUR
ORD		Sale		210		60.1650 EUR
ORD		Sale		232		60.2100 EUR
ORD		Sale		233		60.2210 EUR
ORD		Sale		238		60.1550 EUR
ORD		Sale		243		60.4900 EUR
ORD		Sale		260		60.1400 EUR
ORD (traded as ADR)		Sale		267		16.1400 USD
ORD		Sale		279		60.0900 EUR
ORD		Sale		290		60.4802 EUR
ORD		Sale		292		61.4749 EUR
ORD		Sale		297		60.1510 EUR
ORD		Sale		300		16.2433 USD
ORD		Sale		312		60.1300 EUR
ORD		Sale		326		60.4400 EUR
ORD (traded as ADR)		Sale		354		16.1600 USD
ORD		Sale		362		60.1000 EUR
ORD		Sale		377		61.5000 EUR
ORD		Sale		399		60.1600 EUR
ORD		Sale		400		59.8700 EUR
ORD		Sale		420		61.4900 EUR
ORD		Sale		450		60.1116 EUR
ORD		Sale		498		60.1700 EUR
ORD		Sale		520		60.6000 EUR
ORD		Sale		535		60.1900 EUR
ORD		Sale		600		60.1100 EUR
ORD		Sale		657		60.9479 EUR
ORD		Sale		747		60.1800 EUR
ORD		Sale		828		60.1500 EUR
ORD		Sale		840		60.2000 EUR
ORD		Sale		898		60.8210 EUR
ORD		Sale		958		59.8843 EUR
ORD		Sale		998		60.1100 EUR
ORD		Sale		1,000		59.8752 EUR
ORD		Sale		1,065		60.2661 EUR
ORD		Sale		1,320		60.2373 EUR
ORD		Sale		1,593		61.0130 EUR
ORD		Sale		2,012		60.7462 EUR
ORD		Sale		2,500		59.9690 EUR
ORD		Sale		2,821		60.8943 EUR
ORD		Sale		3,053		60.0213 EUR
ORD		Sale		5,411		60.0076 EUR
ORD		Sale		7,969		60.5603 EUR
ORD		Sale		10,037		60.2674 EUR
ORD		Sale		20,008		60.1549 EUR
ORD		Sale		20,897		59.6500 EUR
ORD		Sale		22,183		60.3396 EUR
ORD		Sale		22,392		60.3580 EUR
ORD		Sale		89,003		60.1123 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		636		60.0952 EUR
ORD		SWAP		Long		1,320		60.2373 EUR
ORD		CFD		Long		2,821		60.8943 EUR
ORD		SWAP		Long		3,283		59.9495 EUR
ORD		SWAP		Long		6,369		59.9891 EUR
ORD		SWAP		Long		6,754		60.4140 EUR
ORD		SWAP		Long		13,000		59.6500 EUR
ORD		CFD		Short		3		61.5066 EUR
ORD		CFD		Short		4		61.5050 EUR
ORD		CFD		Short		139		61.5051 EUR
ORD		SWAP		Short		142		59.8635 EUR
ORD		CFD		Short		150		59.8054 EUR
ORD		CFD		Short		200		61.0259 EUR
ORD		SWAP		Short		8,024		60.1225 EUR
ORD		SWAP		Short		10,500		59.6500 EUR
ORD		CFD		Short		11,885		59.6550 EUR
ORD		CFD		Short		12,726		61.5052 EUR
ORD		SWAP		Short		13,616		60.0702 EUR
ORD		SWAP		Short		32,904		60.1067 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 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.

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

48.0000

American

19 Dec 2014

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

75,000

60.0000

American

19 Dec 2014

ORD

Call Options

Purchased

100,000

64.0000

American

20 Dec 2013

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

-50,000

48.0000

American

20 Dec 2013

ORD

Call Options

Written

-100,000

50.0000

American

20 Dec 2013

ORD

Call Options

Written

-75,000

60.0000

American

20 Dec 2013

ORD

Call Options

Written

-100,000

62.0000

American

20 Dec 2013

ORD

Call Options

Written

-50,000

64.0000

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

---

Related Shares:

Barclays