17th Jul 2019 11:40
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: | Jefferies International Limited |
(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. |
N/A |
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree |
Inmarsat Plc |
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: |
N/A |
(e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure | 16th July 2019 |
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? If it is a cash offer or possible cash offer, state "N/A" |
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:
| Convertible Bond | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 0 | 0 | 0 | 0 |
(2) Cash-settled derivatives:
| 0 | 0 | 0 | 0 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0 | 0 | 0 |
TOTAL: | 0 | 0 | 0 | 0 |
Class of relevant security:
| EUR 0.0005 ordinary | |||
| Interests | Short positions | ||
Number | % | Number | % | |
(1) Relevant securities owned and/or controlled: | 850,514 | 0.18 | 0 | 0 |
(2) Cash-settled derivatives:
| 10,430,000 | 2.24 | 10,780,514 | 2.32 |
(3) Stock-settled derivatives (including options) and agreements to purchase/sell: | 0 | 0 | 0 | 0 |
TOTAL: | 11,280,514 | 2.43 | 10,780,514 | 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 security | Purchase/sale
| Number of securities | Price per unit |
Euro 0.0005 ordinary |
Purchase
Total
Sale
Total |
10,000 6,200,000 5,290 1,995 1,794 5,883 774,070 6,670 15,683 2,934 34,515
7,058,834
3,000 100,000 500,000 267,037 39,957 2,500 7,884 325,124 2,500 52,815 5,000 600,207 12,500 36,157 200,000 10,120 45,680 5,000 95,000 14,183 87,500 200,000 23,672 25,903 500,000 6,764 19,121 35,879 250,000 125,000 9,187 330,240 14,737 2,589 69,252 201,077 100,000 324,611 250,000 3,141 125,000 127,035 70,390 48,365 12,197 28,867 100,000 1,230 12,967 318,111 4,265 36,039 20,306 619,757 862 65,343 718 2,547 15,146 18,330 2,255 25,767
6,558,834
|
558.4000 GBX 559.5419 GBX 560.0156 GBX 560.2000 GBX 560.4000 GBX 560.6000 GBX 560.6748 GBX 560.8274 GBX 560.9769 GBX 561.0000 GBX 561.2580 GBX
558.8000 GBX 558.9000 GBX 558.9600 GBX 559.0000 GBX 559.0126 GBX 559.0800 GBX 559.1877 GBX 559.2000 GBX 559.2200 GBX 559.2246 GBX 559.2500 GBX 559.3000 GBX 559.3100 GBX 559.4000 GBX 559.5600 GBX 559.6000 GBX 559.7000 GBX 559.8000 GBX 559.8100 GBX 559.8680 GBX 559.8700 GBX 559.9300 GBX 559.9978 GBX 560.0000 GBX 560.0300 GBX 560.1000 GBX 560.2000 GBX 560.2091 GBX 560.2200 GBX 560.3500 GBX 560.3735 GBX 560.4000 GBX 560.4300 GBX 560.4549 GBX 560.4889 GBX 560.4949 GBX 560.5000 GBX 560.5387 GBX 560.5400 GBX 560.5410 GBX 560.5787 GBX 560.6000 GBX 560.6011 GBX 560.6043 GBX 560.6063 GBX 560.6688 GBX 560.7000 GBX 560.7320 GBX 560.7436 GBX 560.8000 GBX 560.8161 GBX 560.9564 GBX 560.9703 GBX 561.0000 GBX 561.1005 GBX 561.1012 GBX 561.2000 GBX 561.2637 GBX 561.3041 GBX 561.4000 GBX 561.5029 GBX 561.6000 GBX |
(b) Cash-settled derivative transactions
Class of relevant security | Product description e.g. CFD | Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position | Number of reference securities | Price per unit |
(c) Stock-settled derivative transactions (including options)
(i) Writing, selling, purchasing or varying
Class of relevant security | Product description e.g. call option | Writing, purchasing, selling, varying etc. | Number of securities to which option relates | Exercise price per unit | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit |
(d) Other dealings (including subscribing for new securities)
Class of relevant security | Nature of dealing e.g. subscription, conversion | Details | Price per unit (if 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" |
None |
(b) Agreements, arrangements or understandings relating to options or derivatives
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" |
None |
(c) Attachments
Is a Supplemental Form 8 (Open Positions) attached? | NO |
| Date of disclosure: | 17th July 2019 |
| Contact name: | Zara Watters |
| Telephone number*: | 020 7029 8661 |
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.
Related Shares:
Inmarsat