22nd Dec 2016 15:31
FORM 8.5 (EPT/NON-RI) - AMENDMENT TO SECTION 2 (a) & 3 (b)
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: | 12 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: | 9,001,057 | 0.22% | 7,016,477 | 0.41% | |||||||
| (2) | Cash-settled derivatives: | ||||||||||
| 3,274,120 | 0.19% | 2,581,956 | 0.15% | ||||||||
| (3) | Stock-settled derivatives (including options) | ||||||||||
| and agreements to purchase/sell: | 0 | 0.00% | 0 | 0.00% | |||||||
| (4) | |||||||||||
| TOTAL: | 12,275,177 | 0.41% | 9,598,433 | 0.56% |
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 | 8,856,217 | 10.0079 GBP | 9.72 GBP | |||||
| 50p ORD | Sale | 2,492,687 | 10.0050 GBP | 9.72 GBP |
(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 | 100 | 9.9491 GBP | |||||
| 50p ORD | CFD | Long | 1,189 | 9.9701 GBP | |||||
| 50p ORD | CFD | Long | 1,647 | 9.8342 GBP | |||||
| 50p ORD | SWAP | Long | 1,704 | 9.8450 GBP | |||||
| 50p ORD | SWAP | Long | 1,840 | 9.8807 GBP | |||||
| 50p ORD | CFD | Long | 4,000 | 9.8391 GBP | |||||
| 50p ORD | CFD | Long | 13,000 | 9.7541 GBP | |||||
| 50p ORD | SWAP | Long | 18,242 | 9.9013 GBP | |||||
| 50p ORD | CFD | Long | 20,033 | 9.9194 GBP | |||||
| 50p ORD | SWAP | Long | 20,780 | 9.7200 GBP | |||||
| 50p ORD | CFD | Long | 32,540 | 9.8857 GBP | |||||
| 50p ORD | SWAP | Long | 53,535 | 9.9171 GBP | |||||
| 50p ORD | CFD | Long | 57,500 | 9.8995 GBP | |||||
| 50p ORD | CFD | Long | 74,131 | 9.8708 GBP | |||||
| 50p ORD | SWAP | Short | 1 | 9.8469 GBP | |||||
| 50p ORD | SWAP | Short | 2 | 9.8492 GBP | |||||
| 50p ORD | SWAP | Short | 2 | 9.9546 GBP | |||||
| 50p ORD | SWAP | Short | 4 | 9.8788 GBP | |||||
| 50p ORD | SWAP | Short | 6 | 9.8909 GBP | |||||
| 50p ORD | SWAP | Short | 7 | 9.8636 GBP | |||||
| 50p ORD | SWAP | Short | 8 | 9.9004 GBP | |||||
| 50p ORD | SWAP | Short | 8 | 9.9081 GBP | |||||
| 50p ORD | SWAP | Short | 10 | 9.8441 GBP | |||||
| 50p ORD | SWAP | Short | 11 | 9.9109 GBP | |||||
| 50p ORD | SWAP | Short | 12 | 9.8256 GBP | |||||
| 50p ORD | SWAP | Short | 16 | 9.8891 GBP | |||||
| 50p ORD | SWAP | Short | 26 | 9.8979 GBP | |||||
| 50p ORD | SWAP | Short | 26 | 9.9595 GBP | |||||
| 50p ORD | SWAP | Short | 68 | 9.9284 GBP | |||||
| 50p ORD | SWAP | Short | 71 | 9.8556 GBP | |||||
| 50p ORD | SWAP | Short | 133 | 9.9225 GBP | |||||
| 50p ORD | SWAP | Short | 249 | 9.8987 GBP | |||||
| 50p ORD | SWAP | Short | 339 | 9.9235 GBP | |||||
| 50p ORD | SWAP | Short | 647 | 9.8939 GBP | |||||
| 50p ORD | SWAP | Short | 1,037 | 9.9403 GBP | |||||
| 50p ORD | SWAP | Short | 1,057 | 9.9609 GBP | |||||
| 50p ORD | CFD | Short | 1,491 | 9.8045 GBP | |||||
| 50p ORD | SWAP | Short | 1,946 | 9.9195 GBP | |||||
| 50p ORD | SWAP | Short | 2,061 | 9.9218 GBP | |||||
| 50p ORD | SWAP | Short | 2,329 | 9.9214 GBP | |||||
| 50p ORD | SWAP | Short | 3,534 | 9.9374 GBP | |||||
| 50p ORD | SWAP | Short | 3,899 | 9.9596 GBP | |||||
| 50p ORD | SWAP | Short | 4,124 | 9.8908 GBP | |||||
| 50p ORD | SWAP | Short | 4,522 | 9.8193 GBP | |||||
| 50p ORD | SWAP | Short | 4,532 | 9.8932 GBP | |||||
| 50p ORD | SWAP | Short | 5,694 | 9.9006 GBP | |||||
| 50p ORD | SWAP | Short | 7,532 | 9.9035 GBP | |||||
| 50p ORD | CFD | Short | 7,829 | 9.9932 GBP | |||||
| 50p ORD | SWAP | Short | 7,844 | 9.8546 GBP | |||||
| 50p ORD | SWAP | Short | 12,399 | 9.8366 GBP | |||||
| 50p ORD | CFD | Short | 16,635 | 9.9805 GBP | |||||
| 50p ORD | SWAP | Short | 17,504 | 9.9575 GBP | |||||
| 50p ORD | SWAP | Short | 23,251 | 9.8924 GBP | |||||
| 50p ORD | SWAP | Short | 24,738 | 9.9101 GBP | |||||
| 50p ORD | CFD | Short | 25,532 | 9.9740 GBP | |||||
| 50p ORD | CFD | Short | 26,488 | 10.0079 GBP | |||||
| 50p ORD | SWAP | Short | 26,566 | 9.8609 GBP | |||||
| 50p ORD | SWAP | Short | 28,183 | 9.7200 GBP | |||||
| 50p ORD | SWAP | Short | 32,064 | 9.9569 GBP | |||||
| 50p ORD | SWAP | Short | 34,427 | 9.8598 GBP | |||||
| 50p ORD | CFD | Short | 36,160 | 9.9256 GBP | |||||
| 50p ORD | CFD | Short | 38,227 | 9.9653 GBP | |||||
| 50p ORD | CFD | Short | 40,428 | 9.9752 GBP | |||||
| 50p ORD | SWAP | Short | 40,428 | 9.9752 GBP | |||||
| 50p ORD | CFD | Short | 42,191 | 9.9630 GBP | |||||
| 50p ORD | SWAP | Short | 42,191 | 9.9630 GBP | |||||
| 50p ORD | CFD | Short | 43,128 | 9.8644 GBP | |||||
| 50p ORD | CFD | Short | 43,288 | 9.7908 GBP | |||||
| 50p ORD | SWAP | Short | 43,751 | 9.9157 GBP | |||||
| 50p ORD | SWAP | Short | 47,479 | 9.9223 GBP | |||||
| 50p ORD | SWAP | Short | 48,470 | 9.9263 GBP | |||||
| 50p ORD | SWAP | Short | 54,356 | 9.9489 GBP | |||||
| 50p ORD | SWAP | Short | 69,262 | 9.9477 GBP | |||||
| 50p ORD | CFD | Short | 88,145 | 9.9889 GBP | |||||
| 50p ORD | SWAP | Short | 94,253 | 9.9299 GBP | |||||
| 50p ORD | SWAP Expires 14/12/2017 | Short | 100,000 | 9.8604 GBP | |||||
| 50p ORD | CFD | Short | 106,375 | 9.9651 GBP | |||||
| 50p ORD | SWAP | Short | 112,903 | 9.8641 GBP | |||||
| 50p ORD | CFD | Short | 159,020 | 9.9334 GBP | |||||
| 50p ORD | SWAP | Short | 170,227 | 9.8964 GBP | |||||
| 50p ORD | CFD | Short | 199,755 | 9.9635 GBP | |||||
| 50p ORD | CFD | Short | 226,332 | 9.9729 GBP | |||||
| 50p ORD | CFD | Short | 228,886 | 9.9533 GBP | |||||
| 50p ORD | SWAP | Short | 245,131 | 9.9040 GBP | |||||
| 50p ORD | CFD | Short | 284,372 | 9.9076 GBP | |||||
| 50p ORD | CFD | Short | 359,964 | 9.9098 GBP | |||||
| 50p ORD | CFD | Short | 474,523 | 9.9570 GBP | |||||
| 50p ORD | SWAP | Short | 500,000 | 9.8898 GBP | |||||
| 50p ORD | SWAP | Short | 500,000 | 9.8957 GBP | |||||
| 50p ORD | CFD | Short | 511,626 | 9.9658 GBP | |||||
| 50p ORD | CFD | Short | 570,799 | 9.9213 GBP | |||||
| 50p ORD | SWAP | Short | 1,000,000 | 9.9226 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: | 20 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/20161222005470/en/
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