0NWV: BARCLAYS PLC: Form 8.5 (EPT/NON-RI)- SCHNEIDER ELECTRIC SA

  0NWV: BARCLAYS PLC: Form 8.5 (EPT/NON-RI)- SCHNEIDER ELECTRIC SA

UK Regulatory Announcement

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

                                                         BARCLAYS CAPITAL
(a) Name of exempt principal trader:                    SECURITIES LTD

                                                         
(b) Name of offeror/offeree in relation to whose
relevant securities this form relates:                  SCHNEIDER ELECTRIC SA

Use a separate form for each offeror/offeree
(c) Name of the party to the offer with which exempt    Advisor to Offeree
principal trader is connected:
(d) Date position held/dealing undertaken:              18 July 2013
(e) Has the EPT previously disclosed, or is it today     YES: INVENSYS PLC
disclosing, under the Code in respect of any other     
party to this offer?                                     

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                            ORD                         
security:
                                       Interests           Short Positions
                                     Number      (%)     Number       (%)
(1)               Relevant
                  securities owned
                  and/or controlled:   1,201,205   0.21%   53,912       0.01%
                                                                   
(2)               Derivatives (other
                  than
                  options):            995,828     0.18%   1,407,973    0.25%
                                                                   
(3)               Options and
                  agreements to
                  purchase/sell:       1,140,200   0.20%   1,690,000    0.30%
                                                                   
(4)               TOTAL:
                                       3,337,233   0.60%   3,151,885    0.56%
                                                                   
Class of
relevant                              ADR                            
security:
                                       Interests          Short        
                                                           Positions
                                     Number      (%)     Number       (%)
(1)               Relevant
                  securities owned
                  and/or controlled:   0           0.00%   0            0.00%
                                                                   
(2)               Derivatives (other
                  than
                  options):            5,953       0.00%   0            0.00%
                                                                   
(3)               Options and
                  agreements to
                  purchase/sell:       0           0.00%   0            0.00%
                                                                   
(4)               TOTAL:
                                       5,953       0.00%   0            0.00%

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        106          56.3874 EUR
ORD                   Purchase        117          56.3700 EUR
ORD                   Purchase        168          56.3600 EUR
ORD                   Purchase        169          56.5700 EUR
ORD                   Purchase        171          56.4000 EUR
ORD                   Purchase        173          56.5600 EUR
ORD                   Purchase        200          56.5050 EUR
ORD                   Purchase        243          56.4100 EUR
ORD                   Purchase        251          56.5900 EUR
ORD                   Purchase        263          56.5800 EUR
ORD                   Purchase        278          56.6300 EUR
ORD                   Purchase        284          56.3800 EUR
ORD                   Purchase        285          56.3900 EUR
ORD                   Purchase        411          56.6000 EUR
ORD                   Purchase        538          56.4820 EUR
ORD                   Purchase        574          56.2727 EUR
ORD                   Purchase        632          56.3767 EUR
ORD                   Purchase        810          56.3385 EUR
ORD                   Purchase        823          56.5937 EUR
ORD                   Purchase        1,339        56.4535 EUR
ORD                   Purchase        1,500        56.7900 EUR
ORD                   Purchase        2,306        56.3550 EUR
ORD                   Purchase        2,792        56.4140 EUR
ORD                   Purchase        4,393        56.4212 EUR
ORD                   Purchase        9,217        56.3449 EUR
ORD                   Purchase        26,833       56.4678 EUR
ORD                   Purchase        44,000       56.1000 EUR
ORD                   Sale            58           56.5800 EUR
ORD                   Sale            59           56.5150 EUR
ORD                   Sale            115          56.4000 EUR
ORD                   Sale            174          56.1441 EUR
ORD                   Sale            270          56.7900 EUR
ORD                   Sale            431          56.1800 EUR
ORD                   Sale            475          56.2400 EUR
ORD                   Sale            504          56.2837 EUR
ORD                   Sale            605          56.2581 EUR
ORD                   Sale            765          56.5948 EUR
ORD                   Sale            809          56.0649 EUR
ORD                   Sale            999          56.3264 EUR
ORD                   Sale            1,072        56.7729 EUR
ORD                   Sale            1,954        56.1188 EUR
ORD                   Sale            2,025        56.2000 EUR
ORD                   Sale            2,086        56.1500 EUR
ORD                   Sale            2,128        56.3646 EUR
ORD                   Sale            2,283        56.2099 EUR
ORD                   Sale            2,483        56.1700 EUR
ORD                   Sale            2,700        56.2216 EUR
ORD                   Sale            3,107        56.5849 EUR
ORD                   Sale            3,617        56.6743 EUR
ORD                   Sale            3,777        14.9033 USD
ORD                   Sale            4,760        56.3169 EUR
ORD                   Sale            5,295        56.2434 EUR
ORD                   Sale            6,402        56.2697 EUR
ORD                   Sale            11,424       56.4423 EUR
ORD                   Sale            16,910       56.3622 EUR
ORD                   Sale            47,318       56.3316 EUR
ORD (traded as ADR)   Purchase        3            14.7000 USD
ORD (traded as ADR)   Purchase        34           14.8500 USD
ORD (traded as ADR)   Purchase        580          14.8425 USD
ORD (traded as ADR)   Purchase        629          14.9033 USD
ORD (traded as ADR)   Sale            3            14.7000 USD
ORD (traded as ADR)   Sale            39           14.7400 USD
ORD (traded as ADR)   Sale            539          14.8500 USD
ORD (traded as ADR)   Sale            3,777        14.9033 USD

(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                1,072        56.7729 EUR
ORD        SWAP          Long                1,736        56.1285 EUR
ORD        SWAP          Long                1,954        56.1188 EUR
ORD        SWAP          Long                2,995        56.3818 EUR
ORD        SWAP          Long                3,107        56.5849 EUR
ORD        SWAP          Long                25,553       56.3868 EUR
ORD        CFD           Long                37,772       56.3013 EUR
ORD        CFD           Short               10           56.1470 EUR
ORD        SWAP          Short               100          55.9300 EUR
ORD        SWAP          Short               480          56.4234 EUR
ORD        SWAP          Short               1,500        56.7900 EUR
ORD        SWAP          Short               3,651        56.4043 EUR

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class     Product      Writing,     Number      Exercise  Type      Expiry  Option
of         description   purchasing,   of           price                 date     money
relevant                 selling,      securities   per unit                       paid/
security                 varying etc   to which                                    received
                                       option                                      per unit
                                    relates                                  
ORD        Put Options   Purchasing    100,000      56 EUR     American   20 Dec   4.1700
                                                                          2013     EUR

(ii) Exercising

                     Product
Class of relevant   description         Number of          Exercise price
security                                  securities          per unit
                     e.g. call option

(d) Other dealings (including subscribing for new securities)

                    Nature of dealing
Class of relevant                      Details  Price per unit (if
security            e.g. subscription,             applicable)
                    conversion

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:  19 Jul 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      BARCLAYS CAPITAL SECURITIES
being disclosed:                                  LTD
Name of offeror/offeree in relation to whose      SCHNEIDER ELECTRIC SA
relevant securities the disclosure relates:

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          Written       -250,000     57.7500    European   18 Dec
           Options                                                        2015
ORD        Put Options   Purchased     150,000      38.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Purchased     25,000       42.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Purchased     25,000       43.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Purchased     125,000      44.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Purchased     200,000      48.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Purchased     100,000      50.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Purchased     100,000      56.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Written       -200,000     42.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Written       -200,000     48.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Written       -100,000     50.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Written       -100,000     52.0000    American   20 Jul
                                                                          2013
ORD        Put Options   Written       -50,000      60.0000    American   20 Jul
                                                                          2013
ORD        Call          Purchased     50,000       52.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Purchased     81,900       58.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Purchased     43,300       60.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Purchased     100,000      64.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Written       -50,000      48.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Written       -100,000     50.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Written       -200,000     58.0000    American   20 Jul
           Options                                                        2013
ORD        Call          Written       -50,000      60.0000    American   20 Jul
           Options                                                        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.

Contact:

BARCLAYS PLC
 
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