REG - BNP Paribas London Schneider Elec. SE - Form 8.3 - Schneider Electric SE

Schneider Electric SEAnnouncement

14/09/2022 15:15

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RNS Number : 4869Z  BNP Paribas London  14 September 2022

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR

MORE

Rule 8.3 of the Takeover Code (the "Code")

 

 1.  KEY INFORMATION

 

  (a)  Full name of discloser:                                                    BNP Paribas SA

  (b)  Owner or controller of interests and short positions disclosed, if
 different from 1(a):

        The naming of nominee or vehicle companies is insufficient. For a
 trust, the trustee(s), settlor and beneficiaries must be named.
  (c)  Name of offeror/offeree in relation to whose relevant securities this      Schneider Electric SE
 form relates:

        Use a separate form for each offeror/offeree
  (d)  If an exempt fund manager connected with an offeror/offeree, state
 this and specify identity of offeror/offeree:
  (e)  Date position held/dealing undertaken:                                     13/09/2022

        For an opening position disclosure, state the latest practicable
 date prior to the disclosure
  (f)  In addition to the company in 1(c) above, is the discloser making          Yes: AVEVA Group plc; Micro Focus International plc
 disclosures in respect of any other party to the offer?

        If it is a cash offer or possible cash offer, state "N/A"

 

 2.  POSITIONS OF THE PERSON MAKING THE DISCLOSURE

 

 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(c), copy
 table 2(a) or (b) (as appropriate) for each additional class of relevant
 security.

 

 (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 security:  EUR 4 ordinary shares (FR0000121972)

 

      Interests  Short Positions

 

                                                                         Number                          %           Number                         %
   (1) Relevant securities owned and/or controlled:                                 8,224,811               1.47               -8,665,796             -1.55
   (2) Cash-settled derivatives:                                                    3,435,542                .61               -3,052,713              -.55

   (3) Stock-settled derivatives (including options) and agreements to              3,103,844                .56               -1,263,144              -.23
 purchase/sell:
        TOTAL:                                                                     14,764,196               2.64              -12,981,653             -2.32

 

 All interests and all short positions should be disclosed.

 

 Details of any open stock-settled derivative positions (including traded
 options), 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
      employee options)

 

 Class of relevant security in relation to which subscription right exists:
 Details, including nature of the rights concerned and relevant percentages:

 

 3.  DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

 

 Where there have been dealings in more than one class of relevant securities
 of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as
 appropriate) for each additional class of relevant security dealt in.

 

 The currency of all prices and other monetary amounts should be stated.

 

 (a)  Purchases and sales

 

 Class of relevant  Purchase/sale  Number of                               Price per unit

 security                          securities
 FR0000121972       Sale                           -957                                 126.5800 EUR
 FR0000121972       Sale                           -112                                 126.5800 EUR
 FR0000121972       Sale                           -891                                 126.5800 EUR
 FR0000121972       Purchase                        707                                 126.5800 EUR
 FR0000121972       Purchase                      1,338                                 126.5800 EUR
 FR0000121972       Sale                             -2                                 126.5800 EUR
 FR0000121972       Sale                         -3,194                                 126.5800 EUR
 FR0000121972       Purchase                        233                                 126.5800 EUR
 FR0000121972       Purchase                          2                                 126.5800 EUR
 FR0000121972       Sale                       -124,465                                 126.5800 EUR
 FR0000121972       Sale                            -29                                 126.5800 EUR
 FR0000121972       Sale                             -2                                 126.5800 EUR
 FR0000121972       Purchase                        272                                 126.5800 EUR
 FR0000121972       Sale                            -10                                 126.5800 EUR
 FR0000121972       Sale                         -2,125                                 126.5800 EUR
 FR0000121972       Sale                         -1,890                                 126.5800 EUR
 FR0000121972       Purchase                      1,271                                 126.5800 EUR
 FR0000121972       Purchase                         97                                 126.5800 EUR
 FR0000121972       Sale                         -6,777                                 126.5800 EUR
 FR0000121972       Purchase                          2                                 126.5800 EUR
 FR0000121972       Sale                         -2,570                                 126.5800 EUR
 FR0000121972       Sale                         -3,049                                 126.5800 EUR
 FR0000121972       Sale                           -292                                 126.5800 EUR
 FR0000121972       Purchase                     11,640                                 126.5800 EUR
 FR0000121972       Sale                           -127                                 126.5800 EUR
 FR0000121972       Sale                           -244                                 126.5800 EUR
 FR0000121972       Sale                         -1,483                                 126.5800 EUR
 FR0000121972       Sale                        -54,529                                 126.5800 EUR
 FR0000121972       Purchase                        177                                 126.5800 EUR
 FR0000121972       Purchase                         68                                 126.5800 EUR
 FR0000121972       Sale                            -20                                 126.5800 EUR
 FR0000121972       Sale                         -2,399                                 126.5800 EUR
 FR0000121972       Sale                           -589                                 126.5800 EUR
 FR0000121972       Sale                         -1,028                                 126.5800 EUR
 FR0000121972       Sale                           -310                                 126.5800 EUR
 FR0000121972       Sale                           -445                                 126.5800 EUR
 FR0000121972       Purchase                      2,402                                 126.5800 EUR
 FR0000121972       Sale                           -109                                 126.5800 EUR
 FR0000121972       Purchase                          9                                 126.5800 EUR
 FR0000121972       Purchase                        418                                 126.5800 EUR
 FR0000121972       Sale                            -64                                 126.5800 EUR
 FR0000121972       Sale                            -28                                 126.5800 EUR
 FR0000121972       Purchase                        214                                 126.5800 EUR
 FR0000121972       Sale                           -214                                 126.5800 EUR
 FR0000121972       Sale                         -2,651                                 126.5800 EUR
 FR0000121972       Sale                           -990                                 126.5800 EUR
 FR0000121972       Sale                            -68                                 126.5800 EUR
 FR0000121972       Purchase                        130                                 126.5800 EUR
 FR0000121972       Purchase                      3,140                                 126.5800 EUR
 FR0000121972       Purchase                        167                                 126.5800 EUR
 FR0000121972       Purchase                     14,552                                 126.5800 EUR
 FR0000121972       Purchase                      6,064                                 126.5800 EUR
 FR0000121972       Purchase                      1,028                                 126.5800 EUR
 FR0000121972       Purchase                          5                                 126.5800 EUR

 

 (b)  Cash-settled derivative transactions

 

 Class of      Product                  Nature of dealing         Number of                               Price per

 relevant      description              e.g. opening/closing a    references                              unit

 security      e.g. CFD                 long/short position       securities

                                        increasing/reducing a

                                        long/short position
 FR0000121972  Contract for Difference  Increasing Long Position                 2,399                                 126.5800 EUR
 FR0000121972  Contract for Difference  Reducing Long Position                 -11,640                                 128.4478 EUR
 FR0000121972  Contract for Difference  Reducing Long Position                  -6,064                                 127.1611 EUR
 FR0000121972  Contract for Difference  Reducing Short Position                     64                                 128.8100 EUR
 FR0000121972  Contract for Difference  Increasing Long Position                   109                                 127.9812 EUR
 FR0000121972  Contract for Difference  Increasing Long Position                   228                                 129.5646 EUR
 FR0000121972  Equity Linked Note       Reducing Short Position                    250                                 126.5800 EUR
 FR0000121972  Equity Linked Note       Reducing Short Position                    113                                 126.5800 EUR
 FR0000121972  Equity Linked Note       Reducing Short Position                      5                                 126.5800 EUR

 

 (c)  Stock-settled derivative transactions (including options)

 

 (i)  Writing, selling, purchasing or varying

 

 Class         Product          Writing,       Number                    Exercise                               Type       Expiry      Option

 of            description      purchasing,    of                        price                                  e.g.       date        money

 relevant      e.g. call        selling,       securities                per unit                               American               paid/

 security      option           varying etc.   to which                                                         European               received

                                               option                                                           etc.                   per unit

                                               relates
 FR0000121972  Long Put Option  Purchasing              -23,100                       126.5800 EUR              american   16/06/2023

 

 (ii)  Exercise

 

 Class of   Product            Exercising/  Number of    Exercise price

 relevant   description        exercised    securities   per unit

 security   e.g. call option   against

 

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

 

 Class of relevant  Nature of dealing               Details  Price per unit (if

 security           e.g. subscription, conversion            applicable)

 

 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 person
 making the disclosure and any party to the offer or any person acting in
 concert with a party to the offer:

 Irrevocable commitments and letters of intent should not be included.  If
 there are no such agreements, arrangements or understandings, state "none"

 

 (b)  Indemnity and other dealing arrangements

 

 Details of any agreement, arrangement or understanding, formal or informal,
 between the person 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"

 

 (c)  Attachments

 

 Is a supplemental Form 8 (Open Positions) attached?  Yes

 

 

 Date of Disclosure:       14/09/2022

 Contact Name              Compliance Control Room

 Telephone Number:         0207 595 9695

 

 Public disclosures under Rule 8 of the Code must be made to a Regulatory
 Information Service.

 

 The Panel's Market Surveillance Unit is available for consultation in relation
 to the Code's disclosure requirements on +44 (0)20 7638 0129.

 

 *If the discloser is a natural person, a telephone number does not need to be
 included, provided contact information has been provided to the Panel's Market
 Surveillance Unit.

 

 The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
 (http://www.thetakeoverpanel.org.uk)

 

 

 

DETAILS OF OPEN STOCK-SETTLED DERIVATIVE (INCLUDING OPTION) POSITIONS,

AGREEMENTS TO PURCHASE OR SELL ETC.

Note 5(i) on Rule 8 of the Takeover Code (the "Code")

 

 1.  KEY INFORMATION

 

  Full name of person making disclosure:         BNP Paribas SA

  Name of offeror/offeree in relation to whose   Schneider Electric SE

  relevant securities the disclosure relates:

 

 2.  STOCK-SETTLED DERIVATIVES (INCLUDING OPTIONS)

 

 Class of                              Product             Written or  Number of    Exercise   Type        Expiry

 relevant                              description         purchased   securities   price      e.g.        date

 security                              e.g. call                       to which     per unit   American,

                                       option                          option or               European

                                                                       derivative              etc.

                                                                       relates
 EUR 4 ordinary shares (FR0000121972)  Forward             W           -12000       120        american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Forward             P           12000        120        american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Equity Linked Note  -           -2010        126.58     european    16/01/2023
 EUR 4 ordinary shares (FR0000121972)  Equity Linked Note  -           -100         126.58     european    29/01/2024
 EUR 4 ordinary shares (FR0000121972)  Equity Linked Note  -           -100         126.58     european    19/01/2027
 EUR 4 ordinary shares (FR0000121972)  Equity Linked Note  -           -1000        126.58     european    23/12/2024
 EUR 4 ordinary shares (FR0000121972)  Equity Linked Note  -           -150         126.58     european    20/05/2024
 EUR 4 ordinary shares (FR0000121972)  Equity Linked Note  -           -450         126.58     european    30/08/2024
 EUR 4 ordinary shares (FR0000121972)  Exotic Option Call  P           1294502.466  135.9509   european    29/12/2023
 EUR 4 ordinary shares (FR0000121972)  Exotic Option Call  P           214513.728   133.7359   european    28/12/2023
 EUR 4 ordinary shares (FR0000121972)  Exotic Option Call  P           865599.15    143.7392   european    01/03/2024
 EUR 4 ordinary shares (FR0000121972)  Exotic Option Call  P           216228.2035  136.3536   european    11/01/2024
 EUR 4 ordinary shares (FR0000121972)  Exotic Option Call  W           -300659.04   116.0438   european    15/02/2024
 EUR 4 ordinary shares (FR0000121972)  Exotic Option Call  W           -156575.04   134.1205   european    23/03/2023
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -35000       140        american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           1000         126.58     american    16/06/2023
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           2500         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           2000         126.58     american    21/10/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           30000        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -30000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           10800        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -2000        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -63000       126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           5100         126.58     american    17/03/2023
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           5100         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -25000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         P           35000        140        american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -4200        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -7300        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -6000        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -400         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -10000       126.58     american    18/12/2026
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -12500       126.58     american    19/12/2025
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -76000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -7000        126.58     american    20/12/2024
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -50000       126.58     american    19/12/2025
 EUR 4 ordinary shares (FR0000121972)  Call Option         W           -1700        126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -2500        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -18000       126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -21400       126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -38100       126.58     american    16/06/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -55000       105        american    21/06/2024
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -25000       140        american    17/03/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -30000       120        american    16/06/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -7500        126.58     american    16/09/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -20000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -59500       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -15000       126.58     american    17/03/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -26200       126.58     american    17/03/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -2500        126.58     american    16/06/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -200         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -27600       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           8900         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -30000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           1900         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           40000        126.58     american    16/06/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           2600         126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           12500        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           25000        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           55000        105        american    21/06/2024
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -40000       120        american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           30000        120        american    16/06/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           25000        140        american    17/03/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           40000        120        american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -4000        126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           76100        126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           30000        126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           2500         126.58     american    20/12/2024
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -20000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -10000       126.58     american    16/12/2022
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           20000        126.58     american    15/12/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          W           40000        126.58     american    17/03/2023
 EUR 4 ordinary shares (FR0000121972)  Put Option          P           -7500        126.58     american    16/06/2023

 

 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 cash-settled derivatives.

 

 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 disclosure requirements on +44 (0)20 7638 0129.

 

 The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk
 (http://www.thetakeoverpanel.org.uk/)

 

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