I always find the Modicon manuals can be ambiguous but on further reading
"For each block of 4 channels (channels 0 to 3 and channels 4 to 7), the external
compensation of the module is performed in the TELEFAST ABE-7CPA412
accessory. This device provides a voltage in mV corresponding to:
Voltage = (6.45 mV * T) + 509 mV (where T = temperature in °C).
The overall margin of error when using this device is reduced to 1.2°C in the -5°C to
+60°C temperature range.
It is possible to increase the precision of the compensation by using a 2/3-wires
Pt100 probe directly connected to channels 0 and 4 (only for the BMX ART0814)
on the module or connected to the TELEFAST terminal blocks. Channel 0 is thus
dedicated to the cold junction compensation of channels 1, 2 and 3. channel 4 is
thus dedicated to channels 4 to 7."
and
"NOTE: When the cabinet where the TELEFAST ABE-7CPA412 accessory is
located and powered up, wait at least 45mn to achieve full precision of the CJC
compensation. It is not necessary to wait 45 mn if the compensation is performed by
an external Pt100 probe.
When using the TELEFAST ABE-7CPA412’s cold junction compensation, in order
to make sure you achieve the indicated level of precision, the movement of air
around the TELEFAST ABE-7CPA412 must not exceed 0.1 m/s. Temperature
variations must not exceed 10°C/hour and the TELEFAST ABE-7CPA412 must be
placed at least 100mm away from all heat sources.
The TELEFAST ABE-7CPA412 can be operated from -40°C to +80°C external
temperature."