ISYS: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - INVENSYS PLC

  ISYS: BARCLAYS PLC: Form 8.5 (EPT/NON-RI) - INVENSYS PLC

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      INVENSYS PLC
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       SCHNEIDER ELECTRIC SA
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:   21,422,784   3.27%   4,109,828    0.63%
                                                                   
(2)              Derivatives (other
                 than
                 options):            705,862      0.11%   18,343,375   2.80%
                                                                   
(3)              Options and
                 agreements to
                 purchase/sell:       0            0.00%   0            0.00%
                                                                   
                 TOTAL:
                                      22,128,646   3.38%   22,453,203   3.43%

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        238          4.9600 GBP
ORD                 Purchase        300          4.9376 GBP
ORD                 Purchase        448          4.9440 GBP
ORD                 Purchase        1,210        4.9405 GBP
ORD                 Purchase        1,857        4.9500 GBP
ORD                 Purchase        1,914        4.9650 GBP
ORD                 Purchase        2,141        4.9460 GBP
ORD                 Purchase        3,569        4.9579 GBP
ORD                 Purchase        3,928        4.9573 GBP
ORD                 Purchase        4,868        4.9420 GBP
ORD                 Purchase        16,888       4.9430 GBP
ORD                 Purchase        56,582       4.9733 GBP
ORD                 Sale            238          4.9600 GBP
ORD                 Sale            448          4.9440 GBP
ORD                 Sale            476          4.9550 GBP
ORD                 Sale            877          4.9420 GBP
ORD                 Sale            969          4.9500 GBP
ORD                 Sale            1,210        4.9405 GBP
ORD                 Sale            1,914        4.9650 GBP
ORD                 Sale            2,141        4.9460 GBP
ORD                 Sale            2,456        4.9492 GBP
ORD                 Sale            3,032        4.9608 GBP
ORD                 Sale            11,607       4.9442 GBP
ORD                 Sale            14,780       4.9446 GBP
ORD                 Sale            30,670       4.9431 GBP
ORD                 Sale            55,000       4.9750 GBP

(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                400          4.9439 GBP
ORD        SWAP          Long                4,832        4.9590 GBP
ORD        CFD           Long                9,407        4.9412 GBP
ORD        SWAP          Long                21,464       4.9442 GBP
ORD        SWAP          Short               380          4.9460 GBP
ORD        SWAP          Short               600          4.9407 GBP
ORD        CFD           Short               3,248        4.9607 GBP

(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?  NO
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.

Contact:

BARCLAYS PLC