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:  

13 Jan 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)

    Interests       Short Positions    
    Number (%) Number (%)
(1) Relevant securities owned
and/or controlled: 1,749,603 0.31% 1,684,784 0.30%
           
(2) Derivatives (other than
options): 1,729,049 0.31% 319,055 0.06%
           
(3) Options and agreements to
purchase/sell: 682,000 0.12% 869,000 0.15%
           
(4) TOTAL:
4,160,652 0.74% 2,872,839 0.51%

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 22 63.1800 EUR
ORD Purchase 26 62.8750 EUR
ORD Purchase 29 62.9870 EUR
ORD Purchase 31 63.0397 EUR
ORD (traded as ADR) Purchase 38 17.1700 USD
ORD Purchase 40 62.8300 EUR
ORD (traded as ADR) Purchase 43 17.0900 USD
ORD Purchase 44 62.9410 EUR
ORD (traded as ADR) Purchase 45 17.2100 USD
ORD Purchase 49 62.9960 EUR
ORD Purchase 74 62.9110 EUR
ORD Purchase 74 62.9250 EUR
ORD Purchase 74 62.9350 EUR
ORD Purchase 88 62.8900 EUR
ORD Purchase 99 62.9300 EUR
ORD Purchase 132 63.2200 EUR
ORD Purchase 148 62.8850 EUR
ORD Purchase 171 62.8500 EUR
ORD Purchase 172 62.8350 EUR
ORD Purchase 173 62.9850 EUR
ORD Purchase 215 17.0900 USD
ORD Purchase 222 62.9950 EUR
ORD Purchase 223 62.8650 EUR
ORD Purchase 289 63.1898 EUR
ORD Purchase 300 62.8610 EUR
ORD Purchase 300 62.8710 EUR
ORD Purchase 349 63.2500 EUR
ORD Purchase 352 63.0900 EUR
ORD Purchase 379 63.2000 EUR
ORD Purchase 391 63.0250 EUR
ORD Purchase 400 63.0500 EUR
ORD Purchase 481 63.0200 EUR
ORD Purchase 500 63.2800 EUR
ORD Purchase 531 62.9400 EUR
ORD Purchase 543 62.8530 EUR
ORD Purchase 659 63.0400 EUR
ORD Purchase 780 62.9900 EUR
ORD Purchase 1,183 62.9074 EUR
ORD Purchase 1,214 63.0625 EUR
ORD Purchase 1,259 63.0100 EUR
ORD Purchase 1,322 63.2584 EUR
ORD Purchase 1,336 62.9500 EUR
ORD Purchase 1,683 62.9200 EUR
ORD (traded as ADR) Purchase 1,783 17.1905 USD
ORD Purchase 1,794 63.2190 EUR
ORD Purchase 2,522 62.9437 EUR
ORD Purchase 2,887 63.0307 EUR
ORD Purchase 3,055 63.0392 EUR
ORD Purchase 9,056 63.0425 EUR
ORD Purchase 11,284 62.9863 EUR
ORD Purchase 17,510 63.0000 EUR
ORD Purchase 27,201 63.1402 EUR
ORD Purchase 31,479 62.9370 EUR
ORD Purchase 43,293 63.0509 EUR
ORD Sale 22 63.1800 EUR
ORD Sale 26 62.8750 EUR
ORD Sale 29 62.9870 EUR
ORD (traded as ADR) Sale 43 17.0900 USD
ORD Sale 44 62.9410 EUR
ORD Sale 49 62.9960 EUR
ORD Sale 74 62.9110 EUR
ORD Sale 74 62.9250 EUR
ORD Sale 74 62.9350 EUR
ORD (traded as ADR) Sale 82 17.1917 USD
ORD Sale 88 62.8900 EUR
ORD Sale 99 62.9300 EUR
ORD Sale 111 63.0131 EUR
ORD Sale 132 63.2200 EUR
ORD Sale 140 63.1615 EUR
ORD Sale 148 62.8850 EUR
ORD Sale 171 62.8500 EUR
ORD Sale 172 62.8350 EUR
ORD Sale 173 62.9850 EUR
ORD Sale 222 62.9950 EUR
ORD Sale 223 62.8650 EUR
ORD Sale 300 62.8610 EUR
ORD Sale 300 62.8710 EUR
ORD Sale 316 63.0200 EUR
ORD Sale 352 63.0900 EUR
ORD Sale 379 63.2000 EUR
ORD Sale 391 63.0250 EUR
ORD Sale 400 63.0500 EUR
ORD Sale 437 63.0630 EUR
ORD Sale 475 63.1400 EUR
ORD Sale 489 63.2453 EUR
ORD Sale 500 63.2800 EUR
ORD Sale 531 62.9400 EUR
ORD Sale 543 62.8530 EUR
ORD Sale 674 63.0400 EUR
ORD Sale 780 62.9900 EUR
ORD Sale 893 63.2500 EUR
ORD Sale 1,150 63.0275 EUR
ORD Sale 1,259 63.0100 EUR
ORD Sale 1,336 62.9500 EUR
ORD Sale 1,664 63.1209 EUR
ORD Sale 1,683 62.9200 EUR
ORD (traded as ADR) Sale 1,783 17.1905 USD
ORD Sale 2,189 63.0005 EUR
ORD Sale 2,249 63.0089 EUR
ORD Sale 3,203 63.0961 EUR
ORD Sale 4,213 63.1774 EUR
ORD Sale 4,898 63.0934 EUR
ORD Sale 5,739 63.0272 EUR
ORD Sale 6,871 63.0812 EUR
ORD Sale 8,914 17.1905 USD
ORD Sale 9,564 63.0012 EUR
ORD Sale 17,510 63.0000 EUR
ORD Sale 19,129 63.1234 EUR
ORD Sale 23,939 62.9782 EUR
ORD Sale 31,551 63.0715 EUR
ORD Sale 44,761 63.0676 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 400 63.1999 EUR
ORD CFD Long 2,255 63.3388 EUR
ORD SWAP Long 5,133 63.2408 EUR
ORD CFD Long 15,219 63.0400 EUR
ORD CFD Long 17,000 63.0200 EUR
ORD CFD Short 680 17.2296 USD
ORD CFD Short 129 63.1627 EUR
ORD CFD Short 3,055 63.0392 EUR
ORD SWAP Short 4,475 63.0306 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:  

14 Jan 2014

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 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.

Short Name: BARCLAYS PLC
Category Code: FEO
Sequence Number: 404186
Time of Receipt (offset from UTC): 20140114T103146+0000

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