Citigroup Derivs Mkt Form 38.5 - Eaton Corporation

  Citigroup Derivs Mkt - Form 38.5 - Eaton Corporation

RNS Number : 3495S
Citigroup Derivatives Markets Inc
29 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                                  28 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)
                    

                  1,500                      USD 51.7700        USD 51.6699

                    

                                      

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

                  1,900                      USD 51.8201        USD 51.3600



                                      

(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



                                                                  Option money
                       Number of                                     paid /
                       securities Exercise                        received per
 Product    Writing,    to which   price   Type, e.g.              unit (USD
name e.g.   selling,   the option   (USD   American,                 unless
  call    purchasing,   relates    unless   European              stated (Note
 option   varying etc.  (Note 5)  stated)     etc.    Expiry date      3)
  Call     Purchasing     1300       55     AMERICAN  18/01/2014      3.7
  Call      Selling       3200      52.5    AMERICAN  22/12/2012      0.8
  Call     Purchasing     2000       55     AMERICAN  18/01/2014      3.73
  Call      Selling       200        49     AMERICAN  19/01/2013      3.85
  Call      Selling       400       47.5    AMERICAN  19/01/2013      4.86
  Call      Selling       400        49     AMERICAN  19/01/2013      3.66
  Call      Selling       200       47.5    AMERICAN  19/01/2013      4.9
  Call     Purchasing     500        55     AMERICAN  18/01/2014      3.75
  Call     Purchasing     100        60     AMERICAN  18/01/2014      2.2
   Put     Purchasing     100       52.5    AMERICAN  22/12/2012      1.85
   Put     Purchasing     100       52.5    AMERICAN  22/12/2012      1.6
   Put     Purchasing     100       52.5    AMERICAN  22/12/2012      1.6
   Put     Purchasing     100       52.5    AMERICAN  22/12/2012      1.85
   Put     Purchasing     100       52.5    AMERICAN  22/12/2012      1.6
   Put     Purchasing     100        50     AMERICAN  18/01/2014      5.8
   Put     Purchasing     100        47     AMERICAN  18/01/2014      4.75
   Put     Purchasing     100        50     AMERICAN  18/01/2014      5.8
   Put     Purchasing     100        50     AMERICAN  18/01/2014      5.8
   Put     Purchasing     300       52.5    AMERICAN  22/12/2012      2.27
   Put     Purchasing     100        50     AMERICAN  18/01/2014      5.8



(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                              29 November 2012


Contact name                                    Julie McCafferty


Telephone number                                +44 (0) 2890 785167

                                               
Name of offer / offeror with which connected    Eaton Corporation


Nature of Connection (Note 6)                   Co-Advisor





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END


ISEEALFNAEPAFFF -0- Nov/29/2012 14:12 GMT