12th Dec 2016 11:31
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 | SKY PLC | |||
| relevant securities this form relates: | |||||
| (c) | Name of the party to the offer with which exempt | SKY PLC | |||
| principal trader is connected | |||||
| (d) | Date position held/dealing undertaken: | 09 December 2016 | |||
| (e) | In addition to the company in 1(b) above, is the exempt principal | NO: | |||
| trader making disclosures in respect of any other party to the offer? |
2. POSITIONS OF THE EXEMPT PRINCIPAL TRADER
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.
(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: | ORD | ||||||||||
| Interests | Short Positions | ||||||||||
| Number | (%) | Number | (%) | ||||||||
| (1) | Relevant securities owned | ||||||||||
| and/or controlled: | 3,827,850 | 0.22% | 10,535,148 | 0.61% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 9,858,090 | 0.57% | 2,736,786 | 0.16% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 13,685,940 | 0.80% | 13,271,934 | 0.77% | |||||||
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 EXEMPT PRINCIPAL TRADER
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.
The currency of all prices and other monetary amounts should be stated.
(a) Purchases and sales
| Class of relevant | Purchase/sale | Total number of | Highest price per unit | Lowest price per unit | |||||
| security | securities | paid/received | paid/received | ||||||
| 50p ORD | Purchase | 2,794,034 | 10.4709 GBP | 7.9573 GBP | |||||
| 50p ORD | Sale | 2,307,905 | 10.4400 GBP | 7.9675 GBP | |||||
| ADR | Purchase | 8,890 | 50.3951 USD | 44.8013 USD | |||||
| ADR | Sale | 8,890 | 50.3951 USD | 44.8013 USD |
(b) Cash-settled derivative transactions
| Class of | Product | Nature of dealing | Number of | Price per | |||||
| relevant | description | reference | unit | ||||||
| security | securities | ||||||||
| 50p ORD | CFD | Long | 2 | 8.9500 GBP | |||||
| 50p ORD | CFD | Long | 100 | 7.9943 GBP | |||||
| 50p ORD | CFD | Long | 1,000 | 10.4990 GBP | |||||
| 50p ORD | CFD | Long | 1,292 | 9.3520 GBP | |||||
| 50p ORD | SWAP | Long | 1,358 | 10.1198 GBP | |||||
| 50p ORD | CFD | Long | 2,000 | 9.9991 GBP | |||||
| 50p ORD | CFD | Long | 2,000 | 10.3090 GBP | |||||
| 50p ORD | CFD | Long | 2,000 | 10.3790 GBP | |||||
| 50p ORD | CFD | Long | 2,000 | 10.3890 GBP | |||||
| 50p ORD | CFD | Long | 2,000 | 10.4690 GBP | |||||
| 50p ORD | CFD | Long | 3,000 | 9.9891 GBP | |||||
| 50p ORD | CFD | Long | 3,000 | 10.4010 GBP | |||||
| 50p ORD | CFD | Long | 3,200 | 8.3724 GBP | |||||
| 50p ORD | CFD | Long | 5,000 | 10.3590 GBP | |||||
| 50p ORD | CFD | Long | 6,000 | 10.2990 GBP | |||||
| 50p ORD | CFD | Long | 7,000 | 8.1692 GBP | |||||
| 50p ORD | CFD | Long | 10,000 | 10.2890 GBP | |||||
| 50p ORD | CFD | Long | 10,000 | 10.3490 GBP | |||||
| 50p ORD | SWAP | Long | 16,185 | 8.4721 GBP | |||||
| 50p ORD | CFD | Long | 23,785 | 8.9483 GBP | |||||
| 50p ORD | CFD | Long | 25,000 | 10.3200 GBP | |||||
| 50p ORD | SWAP | Long | 29,042 | 8.2616 GBP | |||||
| 50p ORD | SWAP | Long | 33,667 | 8.5018 GBP | |||||
| 50p ORD | CFD | Long | 35,738 | 9.7749 GBP | |||||
| 50p ORD | CFD | Long | 50,000 | 10.1490 GBP | |||||
| 50p ORD | CFD | Long | 50,556 | 8.2393 GBP | |||||
| 50p ORD | SWAP | Long | 75,654 | 8.2024 GBP | |||||
| 50p ORD | SWAP | Long | 125,146 | 8.6971 GBP | |||||
| 50p ORD | CFD | Long | 295,941 | 8.5314 GBP | |||||
| 50p ORD | SWAP | Short | 2 | 10.0350 GBP | |||||
| 50p ORD | SWAP | Short | 5 | 10.2574 GBP | |||||
| 50p ORD | SWAP | Short | 6 | 10.2685 GBP | |||||
| 50p ORD | SWAP | Short | 11 | 10.0866 GBP | |||||
| 50p ORD | SWAP | Short | 11 | 10.2638 GBP | |||||
| 50p ORD | SWAP | Short | 19 | 8.2100 GBP | |||||
| 50p ORD | SWAP | Short | 36 | 10.3510 GBP | |||||
| 50p ORD | SWAP | Short | 38 | 8.3376 GBP | |||||
| 50p ORD | SWAP | Short | 43 | 8.2410 GBP | |||||
| 50p ORD | SWAP | Short | 45 | 10.3714 GBP | |||||
| 50p ORD | SWAP | Short | 49 | 8.3170 GBP | |||||
| 50p ORD | SWAP | Short | 50 | 8.2318 GBP | |||||
| 50p ORD | SWAP | Short | 58 | 10.2156 GBP | |||||
| 50p ORD | SWAP | Short | 82 | 10.2520 GBP | |||||
| 50p ORD | SWAP | Short | 88 | 10.2161 GBP | |||||
| 50p ORD | SWAP | Short | 109 | 10.2668 GBP | |||||
| 50p ORD | SWAP | Short | 112 | 8.2337 GBP | |||||
| 50p ORD | SWAP | Short | 114 | 10.1477 GBP | |||||
| 50p ORD | SWAP | Short | 114 | 10.2511 GBP | |||||
| 50p ORD | SWAP | Short | 120 | 8.2574 GBP | |||||
| 50p ORD | SWAP | Short | 125 | 10.2438 GBP | |||||
| 50p ORD | SWAP | Short | 136 | 10.2241 GBP | |||||
| 50p ORD | SWAP | Short | 138 | 8.2875 GBP | |||||
| 50p ORD | SWAP | Short | 258 | 8.2396 GBP | |||||
| 50p ORD | SWAP | Short | 277 | 8.2536 GBP | |||||
| 50p ORD | SWAP | Short | 291 | 7.9573 GBP | |||||
| 50p ORD | SWAP | Short | 371 | 8.2465 GBP | |||||
| 50p ORD | SWAP | Short | 538 | 10.2276 GBP | |||||
| 50p ORD | SWAP | Short | 550 | 8.4036 GBP | |||||
| 50p ORD | SWAP | Short | 788 | 10.1935 GBP | |||||
| 50p ORD | SWAP | Short | 912 | 8.8467 GBP | |||||
| 50p ORD | SWAP | Short | 937 | 8.6255 GBP | |||||
| 50p ORD | CFD | Short | 1,039 | 10.0009 GBP | |||||
| 50p ORD | SWAP | Short | 1,119 | 10.2340 GBP | |||||
| 50p ORD | SWAP | Short | 1,275 | 10.2117 GBP | |||||
| 50p ORD | SWAP | Short | 1,741 | 10.2300 GBP | |||||
| 50p ORD | SWAP | Short | 1,755 | 10.2454 GBP | |||||
| 50p ORD | SWAP | Short | 1,779 | 10.0585 GBP | |||||
| 50p ORD | SWAP | Short | 2,127 | 8.2633 GBP | |||||
| 50p ORD | CFD | Short | 2,360 | 10.1409 GBP | |||||
| 50p ORD | SWAP | Short | 3,135 | 10.3700 GBP | |||||
| 50p ORD | SWAP | Short | 4,705 | 8.4950 GBP | |||||
| 50p ORD | CFD | Short | 5,000 | 8.0657 GBP | |||||
| 50p ORD | CFD | Short | 5,000 | 8.1464 GBP | |||||
| 50p ORD | SWAP | Short | 6,478 | 8.4674 GBP | |||||
| 50p ORD | SWAP | Short | 7,100 | 9.8918 GBP | |||||
| 50p ORD | CFD | Short | 9,413 | 10.1209 GBP | |||||
| 50p ORD | SWAP | Short | 9,802 | 8.9957 GBP | |||||
| 50p ORD | CFD | Short | 10,000 | 8.0407 GBP | |||||
| 50p ORD | CFD | Short | 10,000 | 8.0907 GBP | |||||
| 50p ORD | SWAP | Short | 10,964 | 8.2149 GBP | |||||
| 50p ORD | CFD | Short | 11,000 | 8.0957 GBP | |||||
| 50p ORD | SWAP | Short | 11,180 | 9.5273 GBP | |||||
| 50p ORD | SWAP | Short | 11,373 | 10.0132 GBP | |||||
| 50p ORD | CFD | Short | 11,834 | 10.2040 GBP | |||||
| 50p ORD | SWAP | Short | 14,697 | 9.8136 GBP | |||||
| 50p ORD | CFD | Short | 15,000 | 8.0846 GBP | |||||
| 50p ORD | SWAP | Short | 15,268 | 10.2342 GBP | |||||
| 50p ORD | SWAP | Short | 15,402 | 9.8961 GBP | |||||
| 50p ORD | CFD | Short | 22,690 | 9.4985 GBP | |||||
| 50p ORD | CFD | Short | 25,000 | 8.0631 GBP | |||||
| 50p ORD | CFD | Short | 25,000 | 8.0893 GBP | |||||
| 50p ORD | SWAP | Short | 33,097 | 10.4709 GBP | |||||
| 50p ORD | SWAP | Short | 43,015 | 10.3701 GBP | |||||
| 50p ORD | CFD | Short | 50,000 | 8.0214 GBP | |||||
| 50p ORD | SWAP | Short | 50,083 | 10.3981 GBP | |||||
| 50p ORD | SWAP | Short | 68,815 | 10.4007 GBP | |||||
| 50p ORD | SWAP | Short | 71,059 | 10.3206 GBP | |||||
| 50p ORD | SWAP | Short | 94,527 | 8.1844 GBP | |||||
| 50p ORD | SWAP | Short | 112,899 | 10.1549 GBP | |||||
| 50p ORD | CFD | Short | 498,644 | 10.0020 GBP |
(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 exempt principal trader 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 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? | NO | ||
| Date of disclosure: | 12 Dec 2016 | ||
| Contact name: | Hemika Mistry | ||
| Telephone number: | 020 7116 3891 |
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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161212005513/en/
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