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Citigroup Derivs Mkt Form 38.5 - Eaton Corporation

  Citigroup Derivs Mkt - Form 38.5 - Eaton Corporation

RNS Number : 8068R
Citigroup Derivatives Markets Inc
22 November 2012




                                                                             

                                                               FORM 38.5

                             IRISH TAKEOVER PANEL

                                      

         DISCLOSURE UNDER 38.5 OF THE IRISH TAKEOVER PANEL ACT, 1997,
                       TAKEOVER RULES 2007 (AS AMENDED

                                      

                  DEALINGS BY CONNECTED EXEMPT MARKET-MAKERS

                                      

1. KEY INFORMATION



Name of exempt market-maker                      Citigroup Derivatives Markets
                                                 Inc

Company dealt in                                 Eaton Corporation


Class of relevant security to which the dealings US$0.01 common stock
being disclosed relate (Note 1)
Date of dealing                                  21 November 2012





2. DEALINGS (Note 2)



(a) Purchases and sales



Total number of relevant securities       Highest price paid Lowest price paid
acquired                                  (Note 3)           (Note 3)
                    

                    

                    

                                      

Total number of relevant securities       Highest price paid Lowest price paid
disposed                                  (Note 3)           (Note 3)
                    

                   200                       USD 50.7100        USD 50.7100



                                      

(b) Derivatives transactions (other than options transactions)



Product name, Nature of transaction Number of relevant          Price per unit
                                    securities (Note 5)
e.g. CFD      (Note 4)
      



(c) Options transactions in respect of existing relevant securities



(i) Writing, selling, purchasing or varying



                       Number of                                  Option money
 Product    Writing,   securities Exercise Type, e.g.                paid /
name e.g.   selling,    to which   price   American,              received per
  call    purchasing,  the option   (USD    European  Expiry date  unit (USD
 option   varying etc.  relates    unless     etc.                   unless
                        (Note 5)  stated)                         stated (Note
                                                                       3)
   Put     Purchasing     400        39     AMERICAN  22/12/2012      0.05
  Call     Purchasing     100        45     AMERICAN  19/01/2013      6.30
  Call      Selling       200        50     AMERICAN  19/01/2013      2.17







(ii) Exercising



Product name e.g. call      Number of securities Exercise price per unit (Note
option                                           3)
                                                               

                                                               

                                                               



3. OTHER INFORMATION



Agreements, arrangements or understandings relating to options or derivatives

Full  details  of any agreement,  arrangement or understanding  between  the   
person disclosing and any other person relating to the voting  rights 
of any relevant securities   under  any   option  referred  to   on  this   
form  or   relating  to   the   voting  rights or   future   acquisition  or   
disposal  of  any  relevant  securities  to  which  any  derivative referred   
to  on  this  form  is  referenced.  If  none,  this  should  be  stated.


None


Date of disclosure                              22 November 2012


Contact name                                    Nicola Penney


Telephone number                                +44 (0) 2890 409542

                                               
Name of offer / offeror with which connected    Eaton Corporation


Nature of Connection (Note 6)                   Co-Advisor





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


ISEEADFAASXAFFF -0- Nov/22/2012 13:57 GMT