0NWV: BARCLAYS PLC: FORM 8.5 (EPT/NON-RI) Schneider Electric SA - Amendment

  0NWV: BARCLAYS PLC: FORM 8.5 (EPT/NON-RI) Schneider Electric SA - Amendment

UK Regulatory Announcement

LONDON

                                  Amendment

                            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

(a) Name of exempt principal trader:              BARCLAYS CAPITAL SECURITIES
                                                   LTD
(b) Name of offeror/offeree in relation to whose   SCHNEIDER ELECTRIC SA
   relevant securities this form relates:         
(c) Name of the party to the offer with which      Advisor to Offeree
    exempt
   principal trader is connected                  
(d) Date position held/dealing undertaken:         31 October 2013
(e) 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:   1,587,979   0.29%   1,444,833    0.26%
                                                                   
(2)               Derivatives (other
                  than
                  options):            2,215,893   0.40%   1,281,234    0.23%
                                                                   
(3)               Options and
                  agreements to
                  purchase/sell:       1,115,000   0.20%   1,590,000    0.28%
                                                                   
(4)               TOTAL:
                                       4,918,872   0.88%   4,316,067    0.77%

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        1            61.8800 EUR
ORD (traded as ADR)   Purchase        3            16.7500 USD
ORD                   Purchase        8            61.7450 EUR
ORD                   Purchase        12           61.7350 EUR
ORD                   Purchase        17           61.9100 EUR
ORD                   Purchase        21           61.0500 EUR
ORD                   Purchase        41           61.7550 EUR
ORD                   Purchase        43           61.7710 EUR
ORD (traded as ADR)   Purchase        48           16.8500 USD
ORD                   Purchase        54           61.7880 EUR
ORD                   Purchase        57           61.6500 EUR
ORD                   Purchase        59           62.0925 EUR
ORD                   Purchase        64           61.9150 EUR
ORD (traded as ADR)   Purchase        80           16.8000 USD
ORD                   Purchase        82           61.6550 EUR
ORD                   Purchase        98           61.7850 EUR
ORD                   Purchase        98           61.7990 EUR
ORD                   Purchase        99           61.9700 EUR
ORD                   Purchase        100          61.9000 EUR
ORD                   Purchase        108          61.8400 EUR
ORD                   Purchase        119          61.8500 EUR
ORD                   Purchase        129          61.7755 EUR
ORD                   Purchase        135          61.7000 EUR
ORD                   Purchase        145          61.6850 EUR
ORD                   Purchase        146          61.6600 EUR
ORD                   Purchase        147          61.9210 EUR
ORD                   Purchase        163          61.9200 EUR
ORD                   Purchase        168          61.7460 EUR
ORD                   Purchase        207          61.8900 EUR
ORD                   Purchase        209          61.8210 EUR
ORD                   Purchase        238          61.8300 EUR
ORD                   Purchase        288          61.6800 EUR
ORD                   Purchase        291          61.7950 EUR
ORD                   Purchase        313          61.7700 EUR
ORD                   Purchase        329          61.7750 EUR
ORD                   Purchase        370          61.9143 EUR
ORD                   Purchase        377          61.4281 EUR
ORD                   Purchase        466          61.7500 EUR
ORD                   Purchase        512          61.8200 EUR
ORD                   Purchase        581          61.8450 EUR
ORD                   Purchase        687          61.8100 EUR
ORD                   Purchase        972          61.8600 EUR
ORD                   Purchase        1,066        61.7800 EUR
ORD                   Purchase        1,245        61.7400 EUR
ORD                   Purchase        1,313        61.7600 EUR
ORD (traded as ADR)   Purchase        1,558        16.8650 USD
ORD                   Purchase        1,946        61.7900 EUR
ORD                   Purchase        2,536        61.8000 EUR
ORD                   Purchase        4,025        61.7881 EUR
ORD                   Purchase        4,100        61.7765 EUR
ORD                   Purchase        5,412        61.8229 EUR
ORD                   Purchase        5,569        61.7730 EUR
ORD                   Purchase        6,000        61.8348 EUR
ORD                   Purchase        6,262        61.7866 EUR
ORD                   Purchase        6,841        61.8417 EUR
ORD                   Purchase        7,175        61.8058 EUR
ORD                   Purchase        7,370        62.0500 EUR
ORD                   Purchase        7,782        61.8369 EUR
ORD                   Purchase        10,000       61.8017 EUR
ORD                   Purchase        11,520       61.7604 EUR
ORD                   Purchase        17,717       61.8181 EUR
ORD                   Purchase        20,575       61.7905 EUR
ORD                   Purchase        39,711       61.8099 EUR
ORD                   Sale            1            61.8800 EUR
ORD                   Sale            8            61.7450 EUR
ORD                   Sale            12           61.7350 EUR
ORD                   Sale            41           61.7550 EUR
ORD                   Sale            43           61.7710 EUR
ORD (traded as ADR)   Sale            52           16.8431 USD
ORD                   Sale            54           61.7880 EUR
ORD                   Sale            57           61.6500 EUR
ORD                   Sale            62           61.7250 EUR
ORD                   Sale            64           61.9150 EUR
ORD (traded as ADR)   Sale            80           16.8000 USD
ORD                   Sale            82           61.6550 EUR
ORD                   Sale            98           61.7850 EUR
ORD                   Sale            98           61.7990 EUR
ORD                   Sale            99           61.9700 EUR
ORD                   Sale            100          61.9000 EUR
ORD                   Sale            108          61.8400 EUR
ORD                   Sale            119          61.8500 EUR
ORD                   Sale            135          61.7000 EUR
ORD                   Sale            145          61.6850 EUR
ORD                   Sale            146          61.6600 EUR
ORD                   Sale            147          61.9210 EUR
ORD                   Sale            168          61.7460 EUR
ORD                   Sale            207          61.8900 EUR
ORD                   Sale            209          61.8210 EUR
ORD                   Sale            238          61.8300 EUR
ORD                   Sale            288          61.6800 EUR
ORD                   Sale            291          61.7950 EUR
ORD                   Sale            313          61.7700 EUR
ORD                   Sale            326          61.8472 EUR
ORD                   Sale            326          61.9200 EUR
ORD                   Sale            329          61.7750 EUR
ORD                   Sale            432          61.8849 EUR
ORD                   Sale            585          61.8200 EUR
ORD                   Sale            736          61.8100 EUR
ORD                   Sale            841          61.8572 EUR
ORD                   Sale            972          61.8600 EUR
ORD                   Sale            1,066        61.7800 EUR
ORD                   Sale            1,149        61.7839 EUR
ORD                   Sale            1,162        61.7200 EUR
ORD                   Sale            1,245        61.7400 EUR
ORD                   Sale            1,313        61.7600 EUR
ORD                   Sale            1,388        61.2560 EUR
ORD                   Sale            1,420        61.8549 EUR
ORD (traded as ADR)   Sale            1,558        16.8650 USD
ORD                   Sale            1,686        62.0500 EUR
ORD                   Sale            1,835        61.7611 EUR
ORD                   Sale            2,046        61.7900 EUR
ORD                   Sale            2,085        61.7863 EUR
ORD                   Sale            2,536        61.8000 EUR
ORD                   Sale            2,686        61.8135 EUR
ORD                   Sale            3,165        61.8076 EUR
ORD                   Sale            5,138        61.8130 EUR
ORD                   Sale            5,531        61.7884 EUR
ORD                   Sale            7,793        16.8650 USD
ORD                   Sale            13,743       61.8239 EUR
ORD                   Sale            19,283       62.0301 EUR
ORD                   Sale            19,426       61.8999 EUR
ORD                   Sale            20,098       61.8569 EUR
ORD                   Sale            23,034       61.7500 EUR
ORD                   Sale            23,281       61.7752 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                906          61.7256 EUR
ORD        SWAP          Long                1,394        61.8578 EUR
ORD        SWAP          Long                2,110        61.8816 EUR
ORD        SWAP          Long                2,351        61.9735 EUR
ORD        SWAP          Long                3,928        61.7978 EUR
ORD        CFD           Long                16,438       62.0447 EUR
ORD        CFD           Long                1,559        16.8650 USD
ORD        SWAP          Short               325          61.0506 EUR
ORD        SWAP          Short               500          61.6885 EUR
ORD        CFD           Short               555          61.1184 EUR
ORD        SWAP          Short               875          61.7178 EUR
ORD        CFD           Short               6,841        61.8417 EUR
ORD        SWAP          Short               7,125        61.8068 EUR
ORD        SWAP          Short               10,317       61.8184 EUR
ORD        SWAP          Short               25,642       61.7883 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:                                   4 Nov 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                    BARCLAYS CAPITAL SECURITIES
positions/dealings                               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     62.0000    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
 
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