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

LONDON--()--

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:  

16 DEC 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: 1,683,019 0.30% 1,437,719 0.26%
           
(2) Derivatives (other than
options): 2,211,454 0.39% 1,312,057 0.23%
           
(3) Options and agreements to
purchase/sell: 1,377,000 0.25% 1,589,000 0.28%
           
(4) TOTAL:
5,271,473 0.94% 4,338,776 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 2 60.5750 EUR
ORD (traded as ADR) Purchase 4 16.6600 USD
ORD Purchase 9 60.5920 EUR
ORD (traded as ADR) Purchase 9 16.6300 USD
ORD Purchase 21 60.8120 EUR
ORD Purchase 24 58.5900 EUR
ORD Purchase 27 60.5050 EUR
ORD Purchase 32 60.7060 EUR
ORD Purchase 32 60.7320 EUR
ORD Purchase 32 60.7360 EUR
ORD Purchase 32 60.7610 EUR
ORD Purchase 34 58.5800 EUR
ORD Purchase 34 59.7500 EUR
ORD Purchase 34 59.8100 EUR
ORD Purchase 34 60.4800 EUR
ORD Purchase 36 60.6250 EUR
ORD (traded as ADR) Purchase 36 16.6800 USD
ORD Purchase 37 60.5110 EUR
ORD Purchase 42 60.6010 EUR
ORD Purchase 42 60.6200 EUR
ORD Purchase 42 60.6550 EUR
ORD Purchase 43 60.5910 EUR
ORD Purchase 43 60.6700 EUR
ORD Purchase 43 60.8310 EUR
ORD Purchase 46 60.5950 EUR
ORD Purchase 46 60.5960 EUR
ORD Purchase 46 60.6860 EUR
ORD Purchase 47 60.6950 EUR
ORD Purchase 48 60.9200 EUR
ORD Purchase 52 60.6150 EUR
ORD Purchase 55 60.5360 EUR
ORD Purchase 56 60.3500 EUR
ORD Purchase 57 59.4900 EUR
ORD Purchase 57 59.8050 EUR
ORD Purchase 64 60.4000 EUR
ORD Purchase 67 60.8300 EUR
ORD Purchase 73 60.5510 EUR
ORD Purchase 73 60.5560 EUR
ORD Purchase 73 60.7860 EUR
ORD Purchase 75 60.5550 EUR
ORD Purchase 76 60.5850 EUR
ORD Purchase 78 60.5450 EUR
ORD Purchase 103 60.8350 EUR
ORD Purchase 110 59.3000 EUR
ORD Purchase 110 59.8200 EUR
ORD Purchase 110 60.5390 EUR
ORD Purchase 111 60.7150 EUR
ORD Purchase 114 60.8050 EUR
ORD Purchase 115 60.5800 EUR
ORD Purchase 119 60.6450 EUR
ORD Purchase 121 60.7900 EUR
ORD Purchase 128 60.7850 EUR
ORD Purchase 133 60.6710 EUR
ORD Purchase 135 60.5150 EUR
ORD Purchase 138 60.4950 EUR
ORD Purchase 143 60.6650 EUR
ORD Purchase 146 60.5350 EUR
ORD Purchase 156 60.5300 EUR
ORD Purchase 170 60.5250 EUR
ORD Purchase 201 60.6210 EUR
ORD Purchase 203 60.9110 EUR
ORD Purchase 212 60.7110 EUR
ORD Purchase 216 60.5200 EUR
ORD Purchase 220 59.8300 EUR
ORD Purchase 224 60.5400 EUR
ORD Purchase 225 60.7250 EUR
ORD Purchase 231 60.7350 EUR
ORD Purchase 241 60.6891 EUR
ORD Purchase 245 60.5000 EUR
ORD Purchase 257 60.8000 EUR
ORD Purchase 266 60.8900 EUR
ORD Purchase 268 60.6110 EUR
ORD Purchase 271 60.7730 EUR
ORD Purchase 289 60.6050 EUR
ORD Purchase 295 60.6600 EUR
ORD Purchase 295 60.7200 EUR
ORD Purchase 300 60.6410 EUR
ORD Purchase 330 59.8600 EUR
ORD Purchase 340 60.6810 EUR
ORD Purchase 357 60.6800 EUR
ORD (traded as ADR) Purchase 364 16.6723 USD
ORD Purchase 365 60.6610 EUR
ORD Purchase 385 60.8620 EUR
ORD Purchase 396 60.7510 EUR
ORD Purchase 398 60.5900 EUR
ORD Purchase 400 60.7020 EUR
ORD Purchase 413 60.7050 EUR
ORD Purchase 428 60.7120 EUR
ORD Purchase 430 60.6863 EUR
ORD Purchase 455 60.6500 EUR
ORD Purchase 470 60.7309 EUR
ORD Purchase 473 60.8800 EUR
ORD Purchase 490 59.8700 EUR
ORD Purchase 500 60.5927 EUR
ORD Purchase 500 60.6400 EUR
ORD Purchase 504 60.7800 EUR
ORD Purchase 520 60.5100 EUR
ORD Purchase 555 60.7700 EUR
ORD Purchase 569 60.4300 EUR
ORD Purchase 588 60.7010 EUR
ORD Purchase 600 60.6910 EUR
ORD Purchase 602 59.8500 EUR
ORD Purchase 616 60.7410 EUR
ORD Purchase 716 60.7500 EUR
ORD Purchase 786 60.6000 EUR
ORD Purchase 809 60.6900 EUR
ORD Purchase 899 60.7050 EUR
ORD Purchase 925 60.6100 EUR
ORD Purchase 944 60.7310 EUR
ORD Purchase 1,087 60.5600 EUR
ORD Purchase 1,238 60.7000 EUR
ORD Purchase 1,633 60.7300 EUR
ORD Purchase 1,854 60.7600 EUR
ORD Purchase 2,334 60.7100 EUR
ORD Purchase 2,606 60.4538 EUR
ORD Purchase 2,930 60.7147 EUR
ORD Purchase 2,983 60.7400 EUR
ORD Purchase 3,733 60.6553 EUR
ORD Purchase 3,959 60.6792 EUR
ORD Purchase 5,020 60.2256 EUR
ORD Purchase 5,999 60.6341 EUR
ORD Purchase 6,276 60.4970 EUR
ORD Purchase 9,388 60.5500 EUR
ORD Purchase 14,616 60.7949 EUR
ORD Purchase 25,493 60.6445 EUR
ORD Purchase 26,193 60.8200 EUR
ORD Purchase 53,526 60.5817 EUR
ORD Purchase 95,753 60.6088 EUR
ORD Sale 2 60.5750 EUR
ORD Sale 9 60.5920 EUR
ORD (traded as ADR) Sale 12 16.6387 USD
ORD Sale 21 60.8120 EUR
ORD Sale 27 60.5050 EUR
ORD Sale 32 60.7060 EUR
ORD Sale 32 60.7320 EUR
ORD Sale 32 60.7360 EUR
ORD Sale 32 60.7610 EUR
ORD Sale 34 59.7500 EUR
ORD Sale 34 59.8100 EUR
ORD Sale 34 60.4800 EUR
ORD (traded as ADR) Sale 36 16.6800 USD
ORD Sale 36 60.6250 EUR
ORD Sale 37 60.5110 EUR
ORD Sale 42 60.6010 EUR
ORD Sale 42 60.6200 EUR
ORD Sale 42 60.6550 EUR
ORD Sale 43 60.5910 EUR
ORD Sale 43 60.6700 EUR
ORD Sale 43 60.8310 EUR
ORD Sale 46 60.5950 EUR
ORD Sale 46 60.5960 EUR
ORD Sale 46 60.6860 EUR
ORD Sale 47 60.6950 EUR
ORD Sale 48 60.9200 EUR
ORD Sale 52 60.6150 EUR
ORD Sale 55 60.5360 EUR
ORD Sale 56 60.3500 EUR
ORD Sale 57 59.4900 EUR
ORD Sale 57 59.8050 EUR
ORD Sale 67 60.8300 EUR
ORD Sale 73 60.5510 EUR
ORD Sale 73 60.5560 EUR
ORD Sale 73 60.7860 EUR
ORD Sale 75 60.5550 EUR
ORD Sale 76 60.5850 EUR
ORD Sale 78 60.5450 EUR
ORD Sale 103 60.8350 EUR
ORD Sale 110 59.3000 EUR
ORD Sale 110 59.8200 EUR
ORD Sale 110 60.5390 EUR
ORD Sale 111 60.7150 EUR
ORD Sale 112 60.5400 EUR
ORD Sale 114 60.8050 EUR
ORD Sale 115 60.5800 EUR
ORD Sale 119 60.6450 EUR
ORD Sale 121 60.7900 EUR
ORD Sale 128 60.4000 EUR
ORD Sale 128 60.7850 EUR
ORD Sale 133 60.6710 EUR
ORD Sale 135 60.5150 EUR
ORD Sale 138 60.4950 EUR
ORD Sale 143 60.6650 EUR
ORD Sale 146 60.5350 EUR
ORD Sale 156 60.5300 EUR
ORD Sale 170 60.5250 EUR
ORD Sale 201 60.6210 EUR
ORD Sale 203 60.9110 EUR
ORD Sale 212 60.7110 EUR
ORD Sale 216 60.5200 EUR
ORD Sale 220 59.8300 EUR
ORD Sale 225 60.7250 EUR
ORD Sale 231 60.7350 EUR
ORD Sale 245 60.5000 EUR
ORD Sale 257 60.8000 EUR
ORD Sale 266 60.8900 EUR
ORD Sale 268 60.6110 EUR
ORD Sale 269 60.2055 EUR
ORD Sale 271 60.7730 EUR
ORD Sale 289 60.6050 EUR
ORD Sale 295 60.6600 EUR
ORD Sale 295 60.7200 EUR
ORD Sale 300 60.6410 EUR
ORD Sale 330 59.8600 EUR
ORD Sale 340 60.6810 EUR
ORD Sale 357 60.6800 EUR
ORD (traded as ADR) Sale 364 16.6723 USD
ORD Sale 365 60.6610 EUR
ORD Sale 385 60.8620 EUR
ORD Sale 396 60.7510 EUR
ORD Sale 398 60.5900 EUR
ORD Sale 400 60.7020 EUR
ORD Sale 428 60.7120 EUR
ORD Sale 434 60.2833 EUR
ORD Sale 455 60.6500 EUR
ORD Sale 473 60.8800 EUR
ORD Sale 504 60.7800 EUR
ORD Sale 520 60.5100 EUR
ORD Sale 540 60.5600 EUR
ORD Sale 555 60.7700 EUR
ORD Sale 569 60.4300 EUR
ORD Sale 588 60.4976 EUR
ORD Sale 588 60.7010 EUR
ORD Sale 600 60.6910 EUR
ORD Sale 602 59.8500 EUR
ORD Sale 616 60.7410 EUR
ORD Sale 639 59.7853 EUR
ORD Sale 716 60.7500 EUR
ORD Sale 800 60.6400 EUR
ORD Sale 809 60.6900 EUR
ORD Sale 899 60.7050 EUR
ORD Sale 925 60.6100 EUR
ORD Sale 944 60.7310 EUR
ORD Sale 1,238 60.7000 EUR
ORD Sale 1,286 60.6000 EUR
ORD Sale 1,530 59.8700 EUR
ORD Sale 1,633 60.7300 EUR
ORD Sale 1,819 16.6723 USD
ORD Sale 1,823 60.5681 EUR
ORD Sale 1,854 60.7600 EUR
ORD Sale 1,942 60.8200 EUR
ORD Sale 2,334 60.7100 EUR
ORD Sale 2,393 60.7254 EUR
ORD Sale 2,922 60.7260 EUR
ORD Sale 2,951 59.8434 EUR
ORD Sale 2,968 59.8284 EUR
ORD Sale 2,983 60.7400 EUR
ORD Sale 12,223 60.5066 EUR
ORD Sale 14,525 60.3031 EUR
ORD Sale 21,079 60.3282 EUR
ORD Sale 32,765 60.5372 EUR
ORD Sale 137,788 60.6973 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 830 59.3530 EUR
ORD SWAP Long 1,040 59.8622 EUR
ORD SWAP Long 2,393 60.7254 EUR
ORD SWAP Long 2,922 60.7260 EUR
ORD SWAP Long 11,393 60.5907 EUR
ORD CFD Long 14,525 60.3031 EUR
ORD CFD Short 9 58.5444 EUR
ORD CFD Short 189 58.6012 EUR
ORD SWAP Short 241 60.6891 EUR
ORD CFD Short 800 60.7155 EUR
ORD CFD Short 14,176 60.8251 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:  

17 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 monitoring@disclosure.org.uk. 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 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 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 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 63,700 60.0000 American 21 Feb 2014
ORD Call Options Purchased 75,000 60.0000 American 19 Dec 2014
ORD Call Options Purchased 55,000 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 -119,000 60.0000 American 21 Feb 2014
ORD Call Options Written -55,000 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.

Short Name: BARCLAYS PLC
Category Code: FEO
Sequence Number: 401590
Time of Receipt (offset from UTC): 20131217T112224+0000

Contacts

BARCLAYS PLC

Sharing

Contacts

BARCLAYS PLC