REG-Harding Loevner LP Form 8.3 - Schneider Electric SE

Schneider Electric SEAnnouncement

16/09/2022 15:00

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Form 8.3 - Schneider Electric SE

 

FORM 8.3

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:                                                      Harding Loevner LP       
 (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 form   Schneider Electric SE    
 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:                                       15 September 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            NO                       
 disclosures in respect of any other party to the offer?                          
                        
 
                                                                                If YES, specify which:   
 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:                                                                                 
                                                                      Interests          Short positions     
                                                                      Number      %      Number    %         
 (1) Relevant securities owned and/or controlled:                     9,314,205   1.63                       
 
                                                                    
                                      
                                                                                                             
 
                                                                    
                                      
 Ordinary shares:                                                                                            
 
                                                                    
                                      
                                                                      7,941,931                              
 
                                                                    
                                      
 ADRs (multiplied X0.2 for ORD equivalent)                                                                   
 
                                                                    
                                      
                                                                      1,372,274                              
 (2) Cash-settled derivatives:                                                                               
 (3) Stock-settled derivatives (including options) and agreements to                                         
 purchase/sell:                                                                                              
                                                                      9,314,205   1.63                       
 
                                                                    
                                      
 TOTAL:                                                                                                      


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:   None  
 Details, including nature of the rights concerned and relevant percentages:  N/A   


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 security  Purchase/sale  Number of securities  Price per unit  
 ADR                         Sale           124                   24.785 USD      


(b) Cash-settled derivative transactions
 Class of relevant security  Product description  Nature of dealing                                                   Number of reference securities  Price per unit  
                             
                    
                                                                                                                   
                             e.g. CFD             e.g. opening/closing a long/short position, increasing/reducing a                                                   
                                                  
                                                                                                                   
                                                  long/short position                                                                                                 
 N/A                                                                                                                                                                  


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

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


ii. Exercise
 Class of relevant security  Product description  Exercising/ exercised against  Number of securities  Exercise price per unit  
                             
                                                                                                  
                             e.g. call option                                                                                   
 N/A                                                                                                                            


(d) Other dealings (including subscribing for new securities)
 Class of relevant security  Nature of dealing               Details  Price per unit (if applicable)  
                             
                                                                        
                             e.g. subscription, conversion                                            
 N/A                                                                                                  


4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

NONE

(b) Agreements, arrangements or understandings relating to options or
derivatives

NONE

(c) Attachments
 Is a Supplemental Form 8 (Open Positions) attached?  No  

 Date of disclosure:  16 September 2022  
 Contact name:        Robert Simoldoni   
 Telephone number:    +908.947.0142      


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.

The Code can be viewed on the Panel’s website at
www.thetakeoverpanel.org.uk.
(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.thetakeoverpanel.org.uk%2F&esheet=52910421&newsitemid=20220916005325&lan=en-US&anchor=www.thetakeoverpanel.org.uk.&index=1&md5=6ea79a1088a43c736dc5f7fb6081d75b)



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Harding Loevner LP


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