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

31st Jul 2013 12:17

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 relevant securities this form relates: Use a separate form for each offeror/offeree		SCHNEIDER ELECTRIC SA
(c) Name of the party to the offer with which exempt principal trader is connected:		Advisor to Offeree
(d) Date position held/dealing undertaken:		30 July 2013
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?		YES: INVENSYS PLC

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:		1,159,378		0.21%		137,248		0.02%
(2)		Derivatives (other than
		options):		1,035,254		0.19%		1,381,943		0.25%
(3)		Options and agreements to
		purchase/sell:		1,279,900		0.23%		1,690,000		0.30%
(4)		TOTAL:
				3,474,532		0.63%		3,209,191		0.57%

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

(a)		Purchases and sales
Class of relevant		Purchase/sale		Number of		Price per unit
security				securities
ORD		Purchase		130		58.6063 EUR
ORD		Purchase		213		58.6421 EUR
ORD		Purchase		251		58.4700 EUR
ORD		Purchase		311		58.4741 EUR
ORD		Purchase		372		58.4437 EUR
ORD		Purchase		487		58.6000 EUR
ORD		Purchase		502		58.6200 EUR
ORD		Purchase		650		58.0100 EUR
ORD		Purchase		1,494		58.5311 EUR
ORD		Purchase		1,785		58.2467 EUR
ORD		Purchase		1,873		58.6300 EUR
ORD		Purchase		2,500		58.5500 EUR
ORD		Purchase		3,442		58.3482 EUR
ORD		Purchase		4,332		58.3125 EUR
ORD		Purchase		4,500		58.2294 EUR
ORD		Purchase		4,967		58.3826 EUR
ORD		Purchase		5,491		58.4935 EUR
ORD		Purchase		5,782		58.4196 EUR
ORD		Purchase		7,138		58.6400 EUR
ORD		Purchase		9,767		58.3190 EUR
ORD		Purchase		9,846		15.2339 USD
ORD		Purchase		26,989		58.4607 EUR
ORD		Purchase		44,028		58.3373 EUR
ORD		Purchase		48,500		58.6020 EUR
ORD		Sale		2		58.4800 EUR
ORD		Sale		11		58.4900 EUR
ORD		Sale		11		58.5100 EUR
ORD		Sale		11		58.5500 EUR
ORD		Sale		138		58.5289 EUR
ORD		Sale		645		58.6400 EUR
ORD		Sale		726		58.6500 EUR
ORD		Sale		913		58.6200 EUR
ORD		Sale		1,004		58.3127 EUR
ORD		Sale		1,027		58.6300 EUR
ORD		Sale		1,344		58.4306 EUR
ORD		Sale		1,394		58.5030 EUR
ORD		Sale		1,700		58.6100 EUR
ORD		Sale		1,789		58.4757 EUR
ORD		Sale		1,928		58.5077 EUR
ORD		Sale		2,040		58.4636 EUR
ORD		Sale		2,239		15.4592 USD
ORD		Sale		2,587		58.4433 EUR
ORD		Sale		2,598		58.1598 EUR
ORD		Sale		2,600		58.5706 EUR
ORD		Sale		2,692		58.5326 EUR
ORD		Sale		2,890		58.1829 EUR
ORD		Sale		3,215		58.4892 EUR
ORD		Sale		3,683		58.5393 EUR
ORD		Sale		4,324		58.5199 EUR
ORD		Sale		6,190		58.5025 EUR
ORD		Sale		9,483		58.4118 EUR
ORD		Sale		12,087		58.0100 EUR
ORD		Sale		25,076		58.4175 EUR
ORD		Sale		25,777		58.5291 EUR
ORD (traded as ADR)		Purchase		31		15.4600 USD
ORD (traded as ADR)		Purchase		107		15.3700 USD
ORD (traded as ADR)		Purchase		373		15.4592 USD
ORD (traded as ADR)		Purchase		9,846		15.2339 USD
ORD (traded as ADR)		Sale		31		15.4600 USD
ORD (traded as ADR)		Sale		63		15.3610 USD
ORD (traded as ADR)		Sale		214		15.3700 USD
ORD (traded as ADR)		Sale		1,641		15.2339 USD
ORD (traded as ADR)		Sale		2,239		15.4592 USD

(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		110		58.5789 EUR
ORD		SWAP		Long		362		58.3912 EUR
ORD		SWAP		Long		511		58.4880 EUR
ORD		SWAP		Long		540		58.6982 EUR
ORD		SWAP		Long		1,000		58.0100 EUR
ORD		SWAP		Long		1,072		58.4510 EUR
ORD		SWAP		Long		1,344		58.4306 EUR
ORD		SWAP		Long		1,633		58.5081 EUR
ORD		SWAP		Long		2,528		58.1530 EUR
ORD		SWAP		Long		2,598		58.1598 EUR
ORD		SWAP		Long		6,812		58.4924 EUR
ORD		CFD		Short		7		58.3771 EUR
ORD		CFD		Short		371		58.4193 EUR
ORD		SWAP		Short		541		58.3246 EUR
ORD		SWAP		Short		1,000		58.0100 EUR
ORD		SWAP		Short		1,297		58.3390 EUR
ORD		SWAP		Short		3,347		58.3947 EUR
ORD		SWAP		Short		6,295		58.3211 EUR
ORD		SWAP		Short		10,657		58.3247 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 July 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 person whose open positions are being disclosed:		BARCLAYS CAPITAL SECURITIES LTD
Name of offeror/offeree in relation to whose relevant securities the disclosure relates:		SCHNEIDER ELECTRIC SA

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

1 Aug 2013

ORD

Put Options

Purchased

25,000

42.0000

American

1 Aug 2013

ORD

Put Options

Purchased

25,000

43.0000

American

1 Aug 2013

ORD

Put Options

Purchased

125,000

44.0000

American

1 Aug 2013

ORD

Put Options

Purchased

200,000

48.0000

American

1 Aug 2013

ORD

Put Options

Purchased

100,000

50.0000

American

1 Aug 2013

ORD

Put Options

Purchased

100,000

56.0000

American

1 Aug 2013

ORD

Put Options

Purchased

15,000

58.0000

American

1 Aug 2013

ORD

Put Options

Written

-200,000

42.0000

American

1 Aug 2013

ORD

Put Options

Written

-200,000

48.0000

American

1 Aug 2013

ORD

Put Options

Written

-100,000

50.0000

American

1 Aug 2013

ORD

Put Options

Written

-100,000

52.0000

American

1 Aug 2013

ORD

Put Options

Written

-50,000

60.0000

American

1 Aug 2013

ORD

Call Options

Purchased

50,000

52.0000

American

1 Aug 2013

ORD

Call Options

Purchased

149,900

58.0000

American

1 Aug 2013

ORD

Call Options

Purchased

100,000

60.0000

American

1 Aug 2013

ORD

Call Options

Purchased

100,000

64.0000

American

1 Aug 2013

ORD

Call Options

Written

-50,000

48.0000

American

1 Aug 2013

ORD

Call Options

Written

-100,000

50.0000

American

1 Aug 2013

ORD

Call Options

Written

-200,000

58.0000

American

1 Aug 2013

ORD

Call Options

Written

-50,000

60.0000

American

1 Aug 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