Form 8.5 (EPT/NON-RI) SCHNEIDER ELECTRIC SA

29th Nov 2013 11:50

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:		28 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:		1,779,594		0.32%		1,564,816		0.28%
(2)		Derivatives (other than
		options):		2,326,712		0.41%		1,363,575		0.24%
(3)		Options and agreements to
		purchase/sell:		1,483,300		0.26%		1,515,000		0.27%
(4)		TOTAL:
				5,589,606		1.00%		4,443,391		0.79%

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		12		62.0300 EUR
ORD		Purchase		13		62.0490 EUR
ORD		Purchase		25		61.9200 EUR
ORD		Purchase		27		62.1350 EUR
ORD		Purchase		27		62.2350 EUR
ORD		Purchase		27		62.2600 EUR
ORD		Purchase		27		62.2640 EUR
ORD		Purchase		34		62.1410 EUR
ORD		Purchase		34		62.1510 EUR
ORD		Purchase		40		61.9340 EUR
ORD		Purchase		40		61.9450 EUR
ORD		Purchase		40		62.0380 EUR
ORD		Purchase		40		62.0600 EUR
ORD		Purchase		40		62.3200 EUR
ORD		Purchase		45		62.1690 EUR
ORD		Purchase		45		62.1700 EUR
ORD		Purchase		45		62.2140 EUR
ORD		Purchase		45		62.2590 EUR
ORD		Purchase		45		62.2690 EUR
ORD		Purchase		52		62.0150 EUR
ORD		Purchase		52		62.0550 EUR
ORD		Purchase		53		61.8950 EUR
ORD		Purchase		53		61.9050 EUR
ORD		Purchase		67		61.8700 EUR
ORD		Purchase		67		61.8850 EUR
ORD		Purchase		67		61.9650 EUR
ORD		Purchase		67		62.0350 EUR
ORD		Purchase		67		62.1340 EUR
ORD		Purchase		67		62.1450 EUR
ORD		Purchase		67		62.1480 EUR
ORD		Purchase		67		62.1590 EUR
ORD		Purchase		70		62.0700 EUR
ORD		Purchase		78		62.3040 EUR
ORD		Purchase		79		62.1790 EUR
ORD		Purchase		80		62.1900 EUR
ORD		Purchase		87		62.2800 EUR
ORD		Purchase		105		61.9550 EUR
ORD		Purchase		105		61.9590 EUR
ORD		Purchase		105		62.2000 EUR
ORD		Purchase		107		61.9800 EUR
ORD		Purchase		107		62.2880 EUR
ORD		Purchase		108		61.9400 EUR
ORD		Purchase		112		62.1490 EUR
ORD		Purchase		114		61.9700 EUR
ORD		Purchase		116		62.2300 EUR
ORD		Purchase		122		61.9350 EUR
ORD		Purchase		129		61.9000 EUR
ORD		Purchase		142		62.1300 EUR
ORD		Purchase		145		62.1100 EUR
ORD		Purchase		151		62.0400 EUR
ORD		Purchase		173		62.0100 EUR
ORD		Purchase		184		61.9300 EUR
ORD		Purchase		211		62.0200 EUR
ORD		Purchase		215		61.9900 EUR
ORD		Purchase		240		62.0900 EUR
ORD		Purchase		260		62.1800 EUR
ORD		Purchase		270		62.0419 EUR
ORD		Purchase		288		62.1500 EUR
ORD		Purchase		363		62.2100 EUR
ORD		Purchase		406		62.0000 EUR
ORD		Purchase		417		62.1400 EUR
ORD		Purchase		424		62.1600 EUR
ORD		Purchase		434		62.3000 EUR
ORD		Purchase		462		61.9600 EUR
ORD		Purchase		465		61.9100 EUR
ORD		Purchase		579		62.0240 EUR
ORD		Purchase		753		61.9500 EUR
ORD		Purchase		825		62.1604 EUR
ORD		Purchase		1,182		62.0189 EUR
ORD		Purchase		1,658		62.1456 EUR
ORD		Purchase		1,724		62.2400 EUR
ORD		Purchase		7,036		62.1215 EUR
ORD		Purchase		9,061		62.2120 EUR
ORD		Purchase		10,713		62.1318 EUR
ORD		Purchase		28,252		62.2014 EUR
ORD		Purchase		50,000		62.0233 EUR
ORD		Sale		12		62.0300 EUR
ORD		Sale		13		62.0490 EUR
ORD		Sale		15		62.0700 EUR
ORD		Sale		25		61.9200 EUR
ORD		Sale		27		62.1350 EUR
ORD		Sale		27		62.2350 EUR
ORD		Sale		27		62.2600 EUR
ORD		Sale		27		62.2640 EUR
ORD		Sale		34		62.1410 EUR
ORD		Sale		34		62.1510 EUR
ORD		Sale		40		61.9340 EUR
ORD		Sale		40		61.9450 EUR
ORD		Sale		40		62.0380 EUR
ORD		Sale		40		62.0600 EUR
ORD		Sale		40		62.3200 EUR
ORD		Sale		45		62.1690 EUR
ORD		Sale		45		62.1700 EUR
ORD		Sale		45		62.2140 EUR
ORD		Sale		45		62.2590 EUR
ORD		Sale		45		62.2690 EUR
ORD		Sale		52		62.0150 EUR
ORD		Sale		52		62.0550 EUR
ORD		Sale		53		61.8950 EUR
ORD		Sale		53		61.9050 EUR
ORD		Sale		67		61.8700 EUR
ORD		Sale		67		61.8850 EUR
ORD		Sale		67		61.9650 EUR
ORD		Sale		67		62.0350 EUR
ORD		Sale		67		62.1340 EUR
ORD		Sale		67		62.1450 EUR
ORD		Sale		67		62.1480 EUR
ORD		Sale		67		62.1590 EUR
ORD		Sale		78		62.3040 EUR
ORD		Sale		79		62.1790 EUR
ORD		Sale		80		62.1900 EUR
ORD		Sale		87		62.2800 EUR
ORD		Sale		105		61.9550 EUR
ORD		Sale		105		61.9590 EUR
ORD		Sale		105		62.2000 EUR
ORD		Sale		107		61.9800 EUR
ORD		Sale		107		62.2880 EUR
ORD		Sale		108		61.9400 EUR
ORD		Sale		112		62.1490 EUR
ORD		Sale		114		61.9700 EUR
ORD		Sale		116		62.2300 EUR
ORD		Sale		119		62.0270 EUR
ORD		Sale		122		61.9350 EUR
ORD		Sale		129		61.9000 EUR
ORD		Sale		142		62.1300 EUR
ORD		Sale		145		62.1100 EUR
ORD		Sale		151		62.0400 EUR
ORD		Sale		173		62.0100 EUR
ORD		Sale		184		61.9300 EUR
ORD		Sale		190		62.0172 EUR
ORD		Sale		211		62.0200 EUR
ORD		Sale		215		61.9900 EUR
ORD		Sale		236		62.0544 EUR
ORD		Sale		260		62.1800 EUR
ORD		Sale		288		62.1500 EUR
ORD		Sale		357		61.9674 EUR
ORD		Sale		363		62.2100 EUR
ORD		Sale		406		62.0000 EUR
ORD		Sale		417		62.1400 EUR
ORD		Sale		434		62.3000 EUR
ORD		Sale		462		61.9600 EUR
ORD		Sale		465		61.9100 EUR
ORD		Sale		480		62.0900 EUR
ORD		Sale		702		62.1600 EUR
ORD		Sale		753		61.9500 EUR
ORD		Sale		800		61.9233 EUR
ORD		Sale		1,663		61.9843 EUR
ORD		Sale		1,720		62.0234 EUR
ORD		Sale		1,770		62.1668 EUR
ORD		Sale		1,857		62.2400 EUR
ORD		Sale		1,975		62.0093 EUR
ORD		Sale		2,734		61.9582 EUR
ORD		Sale		3,476		62.0804 EUR
ORD		Sale		3,801		62.0873 EUR
ORD		Sale		6,921		62.2062 EUR
ORD		Sale		7,326		62.0533 EUR
ORD		Sale		21,091		62.0246 EUR
ORD		Sale		42,008		62.0293 EUR
ORD		Sale		49,823		62.1332 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		12		62.2350 EUR
ORD		SWAP		Long		119		62.0270 EUR
ORD		SWAP		Long		300		62.0907 EUR
ORD		CFD		Long		326		62.2346 EUR
ORD		CFD		Long		1,039		62.4346 EUR
ORD		CFD		Long		1,720		62.0233 EUR
ORD		SWAP		Long		7,600		62.2400 EUR
ORD		CFD		Long		17,519		62.2347 EUR
ORD		CFD		Long		38,531		62.0579 EUR
ORD		SWAP		Short		55		62.0700 EUR
ORD		SWAP		Short		1,585		61.9477 EUR
ORD		CFD		Short		7,036		62.1215 EUR
ORD		SWAP		Short		8,400		62.2400 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:		29 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.

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

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

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