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

Name of exempt principal trader:                 BARCLAYS CAPITAL SECURITIES
                                                  LTD
Name of offeror/offeree in relation to whose      SCHNEIDER ELECTRIC SA
relevant securities this form relates:            
Name of the party to the offer with which         Advisor to Offeree
exempt
principal trader is connected                     
Date position held/dealing undertaken:            7 October 2013
Has the EPT previously disclosed, or is it        YES:
today disclosing, under the Code in respect       INVENSYS PLC
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:    1,550,289   0.28%   1,440,102   0.26%
                                                                   
(2)               Derivatives (other
                  than
                  options):             2,199,348   0.39%   1,344,600   0.24%
                                                                   
(3)               Options and
                  agreements to
                  purchase/sell:        1,115,000   0.20%   1,690,000   0.30%
                                                                   
                  TOTAL:
                                        4,864,637   0.87%   4,474,702   0.80%

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        11           60.4150 EUR
ORD                   Purchase        18           60.1200 EUR
ORD                   Purchase        24           59.9750 EUR
ORD                   Purchase        24           59.9850 EUR
ORD                   Purchase        24           60.7960 EUR
ORD                   Purchase        27           60.0400 EUR
ORD                   Purchase        39           61.0500 EUR
ORD                   Purchase        40           59.8850 EUR
ORD                   Purchase        40           59.8950 EUR
ORD                   Purchase        41           60.6340 EUR
ORD                   Purchase        43           60.0000 EUR
ORD                   Purchase        43           61.1590 EUR
ORD                   Purchase        44           60.0800 EUR
ORD                   Purchase        46           60.0600 EUR
ORD                   Purchase        52           60.4800 EUR
ORD                   Purchase        56           60.9050 EUR
ORD                   Purchase        57           60.6500 EUR
ORD                   Purchase        59           60.0250 EUR
ORD                   Purchase        68           60.8950 EUR
ORD                   Purchase        68           61.0150 EUR
ORD                   Purchase        90           60.0200 EUR
ORD                   Purchase        94           61.1600 EUR
ORD                   Purchase        98           60.0830 EUR
ORD                   Purchase        98           60.4900 EUR
ORD                   Purchase        98           60.8500 EUR
ORD                   Purchase        98           60.9100 EUR
ORD                   Purchase        98           60.9150 EUR
ORD                   Purchase        98           60.9300 EUR
ORD                   Purchase        98           61.0650 EUR
ORD                   Purchase        99           61.1500 EUR
ORD                   Purchase        102          61.0050 EUR
ORD                   Purchase        104          60.4100 EUR
ORD                   Purchase        115          59.9800 EUR
ORD                   Purchase        120          60.9210 EUR
ORD                   Purchase        124          60.8800 EUR
ORD                   Purchase        137          60.4200 EUR
ORD                   Purchase        138          59.9000 EUR
ORD                   Purchase        138          60.9500 EUR
ORD                   Purchase        140          61.0210 EUR
ORD                   Purchase        145          60.4600 EUR
ORD                   Purchase        160          60.4300 EUR
ORD                   Purchase        163          61.1400 EUR
ORD                   Purchase        174          60.9600 EUR
ORD                   Purchase        179          60.8000 EUR
ORD                   Purchase        180          59.9900 EUR
ORD                   Purchase        197          60.4652 EUR
ORD                   Purchase        200          60.1400 EUR
ORD                   Purchase        222          60.9700 EUR
ORD                   Purchase        288          60.9900 EUR
ORD                   Purchase        293          60.9800 EUR
ORD                   Purchase        299          60.9400 EUR
ORD                   Purchase        302          61.0600 EUR
ORD                   Purchase        328          60.4400 EUR
ORD                   Purchase        341          60.9000 EUR
ORD                   Purchase        343          60.9350 EUR
ORD                   Purchase        354          60.5100 EUR
ORD                   Purchase        364          59.8800 EUR
ORD                   Purchase        419          60.9200 EUR
ORD                   Purchase        444          60.7400 EUR
ORD                   Purchase        492          61.1900 EUR
ORD                   Purchase        500          60.7700 EUR
ORD                   Purchase        683          61.0200 EUR
ORD                   Purchase        801          61.0000 EUR
ORD                   Purchase        1,290        59.9758 EUR
ORD                   Purchase        1,290        60.6269 EUR
ORD                   Purchase        1,300        59.9048 EUR
ORD                   Purchase        1,312        61.1406 EUR
ORD                   Purchase        1,542        60.1739 EUR
ORD                   Purchase        1,576        61.0300 EUR
ORD                   Purchase        1,776        60.7804 EUR
ORD                   Purchase        3,466        60.8452 EUR
ORD                   Purchase        3,680        59.9305 EUR
ORD                   Purchase        3,723        60.6039 EUR
ORD                   Purchase        4,953        60.8694 EUR
ORD                   Purchase        10,230       60.0912 EUR
ORD                   Purchase        22,677       60.5678 EUR
ORD                   Purchase        22,703       60.8600 EUR
ORD                   Purchase        27,692       60.3475 EUR
ORD                   Purchase        31,671       60.6344 EUR
ORD                   Purchase        5            60.6700 EUR
ORD                   Purchase        766          61.0037 EUR
ORD                   Purchase        2,189        60.9450 EUR
ORD (traded as ADR)   Purchase        171          16.6100 USD
ORD (traded as ADR)   Purchase        449          16.5704 USD
ORD (traded as ADR)   Sale            169          16.6100 USD
ORD (traded as ADR)   Sale            449          16.5704 USD
ORD                   Sale            95           60.6700 EUR
ORD                   Sale            603          60.7998 EUR
ORD                   Sale            3,870        60.5577 EUR
ORD                   Sale            11           60.4150 EUR
ORD                   Sale            18           60.1200 EUR
ORD                   Sale            24           59.9750 EUR
ORD                   Sale            24           59.9850 EUR
ORD                   Sale            24           60.7960 EUR
ORD                   Sale            27           60.0400 EUR
ORD                   Sale            39           61.0500 EUR
ORD                   Sale            40           59.8850 EUR
ORD                   Sale            40           59.8950 EUR
ORD                   Sale            41           60.6340 EUR
ORD                   Sale            43           60.0000 EUR
ORD                   Sale            43           61.1590 EUR
ORD                   Sale            44           60.0800 EUR
ORD                   Sale            52           60.4800 EUR
ORD                   Sale            56           60.9050 EUR
ORD                   Sale            57           60.6500 EUR
ORD                   Sale            59           60.0250 EUR
ORD                   Sale            64           61.1600 EUR
ORD                   Sale            68           60.8950 EUR
ORD                   Sale            68           61.0150 EUR
ORD                   Sale            90           60.0200 EUR
ORD                   Sale            98           60.0830 EUR
ORD                   Sale            98           60.4900 EUR
ORD                   Sale            98           60.8500 EUR
ORD                   Sale            98           60.9100 EUR
ORD                   Sale            98           60.9150 EUR
ORD                   Sale            98           60.9300 EUR
ORD                   Sale            98           61.0650 EUR
ORD                   Sale            99           61.1500 EUR
ORD                   Sale            102          61.0050 EUR
ORD                   Sale            104          60.4100 EUR
ORD                   Sale            115          59.9800 EUR
ORD                   Sale            120          60.9210 EUR
ORD                   Sale            124          60.8800 EUR
ORD                   Sale            135          60.8600 EUR
ORD                   Sale            137          60.4200 EUR
ORD                   Sale            138          59.9000 EUR
ORD                   Sale            138          60.9500 EUR
ORD                   Sale            140          61.0210 EUR
ORD                   Sale            145          60.4600 EUR
ORD                   Sale            160          60.4300 EUR
ORD                   Sale            163          61.1400 EUR
ORD                   Sale            174          60.9600 EUR
ORD                   Sale            179          60.8000 EUR
ORD                   Sale            200          60.1400 EUR
ORD                   Sale            222          60.9700 EUR
ORD                   Sale            231          59.9260 EUR
ORD                   Sale            288          60.9900 EUR
ORD                   Sale            293          60.9800 EUR
ORD                   Sale            299          60.9400 EUR
ORD                   Sale            301          60.5334 EUR
ORD                   Sale            302          61.0600 EUR
ORD                   Sale            328          60.4400 EUR
ORD                   Sale            341          60.9000 EUR
ORD                   Sale            343          60.9350 EUR
ORD                   Sale            354          60.5100 EUR
ORD                   Sale            364          59.8800 EUR
ORD                   Sale            419          60.9200 EUR
ORD                   Sale            444          60.7400 EUR
ORD                   Sale            464          60.3725 EUR
ORD                   Sale            492          61.1900 EUR
ORD                   Sale            500          60.7700 EUR
ORD                   Sale            540          60.7138 EUR
ORD                   Sale            655          61.0200 EUR
ORD                   Sale            680          60.3429 EUR
ORD                   Sale            801          61.0000 EUR
ORD                   Sale            914          60.1219 EUR
ORD                   Sale            979          60.6821 EUR
ORD                   Sale            1,290        59.9758 EUR
ORD                   Sale            1,290        60.6269 EUR
ORD                   Sale            1,314        60.7151 EUR
ORD                   Sale            1,450        60.1815 EUR
ORD                   Sale            1,576        61.0300 EUR
ORD                   Sale            1,654        60.1037 EUR
ORD                   Sale            2,123        60.5858 EUR
ORD                   Sale            2,247        16.5704 USD
ORD                   Sale            2,974        60.3445 EUR
ORD                   Sale            3,169        60.3350 EUR
ORD                   Sale            5,433        60.8717 EUR
ORD                   Sale            7,794        60.6519 EUR
ORD                   Sale            13,075       60.3950 EUR
ORD                   Sale            23,767       60.6261 EUR
ORD                   Sale            26,709       60.5758 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                300          60.0410 EUR
ORD        SWAP          Long                914          60.1219 EUR
ORD        SWAP          Long                1,654        60.1037 EUR
ORD        SWAP          Long                5,433        60.8717 EUR
ORD        SWAP          Long                6,299        60.7480 EUR
ORD        SWAP          Long                8,226        60.0866 EUR
ORD        SWAP          Short               100          59.8306 EUR
ORD        CFD           Short               112          60.5351 EUR
ORD        SWAP          Short               1,267        59.9010 EUR
ORD        SWAP          Short               1,850        60.0154 EUR
ORD        SWAP          Short               5,492        59.9361 EUR
ORD        CFD           Short               31,263       60.3502 EUR

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

                         Writing,      Number of               Type                 Option
Class of   Product       purchasing,   securities   Exercise                        money
relevant  description  selling,     to which    price     e.g.       Expiry  paid/
security   e.g. call     varying       option       per unit   American,   date     received
           option        etc.          relates                 European             per unit
                                                               etc.

(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:                                   8 Oct 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 the person whose positions/dealings  BARCLAYS CAPITAL SECURITIES
                                                  LTD
are being disclosed:                              
Name of offeror/offeree in relation to whose      SCHNEIDER ELECTRIC SA
relevant securities this from 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 Jun
                                                                          2014
ORD        Put Options   Purchased     25,000       42.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Purchased     25,000       43.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Purchased     125,000      44.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Purchased     200,000      48.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Purchased     100,000      50.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Purchased     100,000      56.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Written       -200,000     42.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Written       -200,000     48.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Written       -100,000     50.0000    American   20 Dec
                                                                          2013
ORD        Put Options   Written       -100,000     50.0000    American   19 Dec
                                                                          2014
ORD        Put Options   Written       -100,000     52.0000    American   20 Dec
                                                                          2013
ORD        Call          Purchased     50,000       52.0000    American   20 Dec
           Options                                                        2013
ORD        Call          Purchased     100,000      64.0000    American   20 Dec
           Options                                                        2013
ORD        Call          Purchased     100,000      68.0000    American   20 Jun
           Options                                                        2014
ORD        Call          Written       -50,000      48.0000    American   20 Dec
           Options                                                        2013
ORD        Call          Written       -100,000     50.0000    American   20 Dec
           Options                                                        2013
ORD        Call          Written       -100,000     60.0000    American   18 Oct
           Options                                                        2013
ORD        Call          Written       -100,000     68.0000    American   20 Dec
           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