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:  

15 Jan 2014

(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: 1,791,223 0.32% 1,896,203 0.34%
           
(2) Derivatives (other than
options): 1,818,944 0.32% 314,835 0.06%
           
(3) Options and agreements to
purchase/sell: 682,000 0.12% 869,000 0.15%
           
(4) TOTAL:
4,292,167 0.77% 3,080,038 0.55%

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 8 64.2990 EUR
ORD (traded as ADR) Purchase 17 17.4900 USD
ORD Purchase 21 63.5190 EUR
ORD Purchase 21 63.7850 EUR
ORD Purchase 30 63.5000 EUR
ORD Purchase 30 63.5150 EUR
ORD Purchase 39 63.6760 EUR
ORD Purchase 44 63.5100 EUR
ORD Purchase 45 63.5800 EUR
ORD Purchase 51 63.8250 EUR
ORD Purchase 55 63.9800 EUR
ORD Purchase 56 63.5650 EUR
ORD Purchase 56 63.7500 EUR
ORD Purchase 59 64.0600 EUR
ORD Purchase 59 64.1100 EUR
ORD Purchase 59 64.1700 EUR
ORD Purchase 63 63.6120 EUR
ORD Purchase 63 63.6530 EUR
ORD Purchase 63 63.7050 EUR
ORD Purchase 76 63.6780 EUR
ORD Purchase 78 64.2950 EUR
ORD Purchase 79 64.2000 EUR
ORD Purchase 80 63.6040 EUR
ORD Purchase 99 64.1400 EUR
ORD Purchase 99 64.1800 EUR
ORD Purchase 99 64.1900 EUR
ORD Purchase 100 63.5950 EUR
ORD Purchase 102 63.6130 EUR
ORD Purchase 104 64.2440 EUR
ORD Purchase 113 63.7700 EUR
ORD Purchase 121 63.6400 EUR
ORD Purchase 149 63.7650 EUR
ORD Purchase 153 64.1600 EUR
ORD Purchase 158 64.2200 EUR
ORD Purchase 165 63.6800 EUR
ORD Purchase 171 64.2800 EUR
ORD Purchase 182 63.5500 EUR
ORD Purchase 185 63.6450 EUR
ORD Purchase 192 64.1750 EUR
ORD Purchase 193 64.0700 EUR
ORD Purchase 200 64.1300 EUR
ORD Purchase 200 64.2300 EUR
ORD Purchase 226 63.6150 EUR
ORD Purchase 270 63.8526 EUR
ORD Purchase 275 63.5250 EUR
ORD Purchase 286 63.6650 EUR
ORD Purchase 288 63.6550 EUR
ORD Purchase 300 63.6000 EUR
ORD Purchase 325 63.6565 EUR
ORD Purchase 342 63.7800 EUR
ORD Purchase 349 63.6600 EUR
ORD Purchase 380 63.5200 EUR
ORD Purchase 388 63.6300 EUR
ORD Purchase 400 63.6010 EUR
ORD Purchase 405 63.7200 EUR
ORD Purchase 406 63.6900 EUR
ORD Purchase 413 63.8000 EUR
ORD Purchase 442 63.7950 EUR
ORD Purchase 572 63.6100 EUR
ORD Purchase 705 63.7400 EUR
ORD (traded as ADR) Purchase 823 17.3948 USD
ORD Purchase 1,409 64.2400 EUR
ORD Purchase 1,551 63.6200 EUR
ORD Purchase 1,560 63.6500 EUR
ORD (traded as ADR) Purchase 1,845 17.3282 USD
ORD Purchase 2,082 63.7921 EUR
ORD Purchase 2,089 63.9672 EUR
ORD Purchase 2,121 63.7363 EUR
ORD Purchase 2,854 63.8240 EUR
ORD Purchase 3,058 63.6555 EUR
ORD Purchase 5,052 63.9812 EUR
ORD Purchase 6,002 63.7204 EUR
ORD Purchase 9,223 17.3282 USD
ORD Purchase 10,511 63.4147 EUR
ORD Purchase 10,516 64.0029 EUR
ORD Purchase 14,062 63.9125 EUR
ORD Purchase 25,000 63.9338 EUR
ORD Purchase 33,846 63.8755 EUR
ORD Purchase 54,479 63.8200 EUR
ORD Purchase 83,771 63.7159 EUR
ORD Purchase 86,741 64.0400 EUR
ORD Purchase 112,058 63.7647 EUR
ORD Sale 8 64.2990 EUR
ORD (traded as ADR) Sale 17 17.4900 USD
ORD Sale 21 63.5190 EUR
ORD Sale 21 63.7850 EUR
ORD Sale 30 63.5000 EUR
ORD Sale 30 63.5150 EUR
ORD Sale 39 63.6760 EUR
ORD (traded as ADR) Sale 44 17.2820 USD
ORD Sale 44 63.5100 EUR
ORD Sale 45 63.5800 EUR
ORD Sale 51 63.8250 EUR
ORD Sale 55 63.9800 EUR
ORD Sale 56 63.5650 EUR
ORD Sale 56 63.7500 EUR
ORD Sale 59 64.0600 EUR
ORD Sale 59 64.1100 EUR
ORD Sale 59 64.1700 EUR
ORD Sale 63 63.6120 EUR
ORD Sale 63 63.6530 EUR
ORD Sale 63 63.7050 EUR
ORD Sale 76 63.6780 EUR
ORD Sale 78 64.2950 EUR
ORD Sale 79 64.2000 EUR
ORD Sale 80 63.6040 EUR
ORD Sale 99 64.1400 EUR
ORD Sale 99 64.1750 EUR
ORD Sale 99 64.1800 EUR
ORD Sale 99 64.1900 EUR
ORD Sale 100 63.5950 EUR
ORD Sale 102 63.6130 EUR
ORD Sale 104 64.2440 EUR
ORD Sale 113 63.7700 EUR
ORD Sale 121 63.6400 EUR
ORD Sale 149 63.7650 EUR
ORD Sale 150 63.5800 EUR
ORD Sale 153 64.1600 EUR
ORD Sale 158 64.2200 EUR
ORD Sale 165 63.6800 EUR
ORD Sale 171 64.2800 EUR
ORD Sale 185 63.6450 EUR
ORD Sale 193 64.0700 EUR
ORD Sale 200 64.1300 EUR
ORD Sale 200 64.2300 EUR
ORD Sale 226 63.6150 EUR
ORD Sale 275 63.5250 EUR
ORD Sale 286 63.6650 EUR
ORD Sale 288 63.6550 EUR
ORD Sale 300 63.6000 EUR
ORD Sale 300 63.8200 EUR
ORD Sale 342 63.7800 EUR
ORD Sale 349 63.6600 EUR
ORD Sale 364 63.5500 EUR
ORD Sale 380 63.5200 EUR
ORD Sale 388 63.6300 EUR
ORD Sale 400 63.6010 EUR
ORD Sale 405 63.7200 EUR
ORD Sale 406 63.6900 EUR
ORD Sale 413 63.8000 EUR
ORD Sale 442 63.7950 EUR
ORD Sale 572 63.6100 EUR
ORD Sale 607 63.8388 EUR
ORD Sale 705 63.7400 EUR
ORD Sale 764 64.0217 EUR
ORD (traded as ADR) Sale 823 17.3948 USD
ORD Sale 1,040 64.1494 EUR
ORD Sale 1,128 63.9333 EUR
ORD Sale 1,378 63.8482 EUR
ORD Sale 1,398 63.6200 EUR
ORD Sale 1,409 64.2400 EUR
ORD Sale 1,489 63.5494 EUR
ORD Sale 1,546 63.6500 EUR
ORD Sale 1,783 64.1704 EUR
ORD (traded as ADR) Sale 1,845 17.3282 USD
ORD Sale 2,258 63.9354 EUR
ORD Sale 3,315 64.0400 EUR
ORD Sale 3,539 63.9792 EUR
ORD Sale 4,117 17.3948 USD
ORD Sale 5,740 63.6276 EUR
ORD Sale 7,044 63.5864 EUR
ORD Sale 10,783 63.9910 EUR
ORD Sale 14,036 63.7452 EUR
ORD Sale 15,223 63.8271 EUR
ORD Sale 33,516 63.8302 EUR
ORD Sale 50,000 63.6561 EUR
ORD Sale 92,768 63.6873 EUR
ORD Sale 129,828 63.9625 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 198 64.0241 EUR
ORD CFD Long 396 64.0141 EUR
ORD SWAP Long 764 64.0216 EUR
ORD CFD Long 6,000 63.6500 EUR
ORD CFD Short 6,000 17.4133 USD
ORD CFD Short 480 63.8645 EUR
ORD CFD Short 1,602 63.7705 EUR
ORD SWAP Short 3,058 63.6555 EUR
ORD CFD Short 5,351 63.7036 EUR
ORD CFD Short 8,981 64.0454 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:  

16 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: 404629
Time of Receipt (offset from UTC): 20140116T111743+0000

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