15th Dec 2016 16:37
Amendment - due to the amendment of Equity and Derivatives transactions, the disclosure made on 13 December for dealings on 09 December has been updated. Section 2(a) and 2(b) have been updated.
FORM 8.5 (EPT/RI)
PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the "Code")
1. KEY INFORMATION
(a) Name of exempt principal trader: | (GS) GOLDMAN SACHS INTERNATIONAL |
(b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | SKY PLC |
(c) Name of the party to the offer with which exempt principal trader is connected: | TWENTY-FIRST CENTURY FOX, INC |
(d) Date dealing undertaken: | 09 December 2016 |
(e) In addition to the company in 1(b) above, is the exempt principal trader 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. DEALINGS 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 2(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 | Purchases/ sales
| Total number of securities | Highest price per unit paid/received | Lowest price per unit paid/received |
50p ordinary | Purchases | 9,299,919 | 15.7134 GBP | 7.9100 GBP |
50p ordinary | Sales | 3,340,494 | 10.4900 GBP | 7.9100 GBP |
(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 |
50p ordinary | CFD | Increasing a long position | 195,060 | 8.0345 GBP |
50p ordinary | CFD | Increasing a long position | 4,940 | 8.0345 GBP |
50p ordinary | CFD | Reducing a long position | 2,044 | 8.1541 GBP |
50p ordinary | CFD | Reducing a short position | 15,459 | 8.1798 GBP |
50p ordinary | CFD | Reducing a short position | 8,967 | 8.2309 GBP |
50p ordinary | CFD | Opening a long position | 20,635 | 8.2317 GBP |
50p ordinary | CFD | Opening a short position | 100,000 | 8.2334 GBP |
50p ordinary | CFD | Opening a long position | 5,047 | 8.2363 GBP |
50p ordinary | CFD | Reducing a short position | 62,600 | 8.2669 GBP |
50p ordinary | CFD | Reducing a long position | 10,000 | 8.2691 GBP |
50p ordinary | CFD | Reducing a short position | 276 | 8.3225 GBP |
50p ordinary | CFD | Opening a long position | 1,916 | 8.3225 GBP |
50p ordinary | CFD | Increasing a short position | 19 | 8.3324 GBP |
50p ordinary | CFD | Reducing a short position | 1,033 | 8.4180 GBP |
50p ordinary | CFD | Reducing a short position | 138,207 | 8.5444 GBP |
50p ordinary | CFD | Increasing a long position | 31,007 | 8.6191 GBP |
50p ordinary | CFD | Increasing a long position | 12,758 | 8.8126 GBP |
50p ordinary | CFD | Reducing a short position | 56,500 | 9.4199 GBP |
50p ordinary | CFD | Opening a long position | 25,734 | 9.4371 GBP |
50p ordinary | CFD | Reducing a short position | 1,916 | 9.4371 GBP |
50p ordinary | CFD | Opening a long position | 5,405 | 9.9950 GBP |
50p ordinary | CFD | Opening a long position | 54,295 | 9.9950 GBP |
50p ordinary | CFD | Opening a long position | 504 | 9.9950 GBP |
50p ordinary | CFD | Opening a long position | 1,545 | 9.9950 GBP |
50p ordinary | CFD | Opening a long position | 2,014 | 9.9950 GBP |
50p ordinary | CFD | Opening a long position | 5,033 | 9.9950 GBP |
50p ordinary | CFD | Reducing a short position | 27,038 | 9.9980 GBP |
50p ordinary | CFD | Reducing a long position | 20,635 | 10.0000 GBP |
50p ordinary | CFD | Reducing a long position | 4,000 | 10.0000 GBP |
50p ordinary | CFD | Opening a short position | 120,064 | 10.0000 GBP |
50p ordinary | CFD | Opening a short position | 8,967 | 10.0000 GBP |
50p ordinary | CFD | Opening a short position | 13,936 | 10.0000 GBP |
50p ordinary | CFD | Reducing a long position | 5,047 | 10.0000 GBP |
50p ordinary | CFD | Reducing a short position | 193,120 | 10.0000 GBP |
50p ordinary | CFD | Reducing a short position | 34,229 | 10.0008 GBP |
50p ordinary | CFD | Opening a short position | 20,000 | 10.0039 GBP |
50p ordinary | CFD | Reducing a long position | 250,000 | 10.0040 GBP |
50p ordinary | CFD | Reducing a long position | 250,000 | 10.0040 GBP |
50p ordinary | CFD | Reducing a long position | 1,200,000 | 10.0060 GBP |
50p ordinary | CFD | Reducing a long position | 1,200,000 | 10.0060 GBP |
50p ordinary | CFD | Reducing a long position | 250,000 | 10.0126 GBP |
50p ordinary | CFD | Reducing a long position | 250,000 | 10.0126 GBP |
50p ordinary | CFD | Reducing a long position | 255,957 | 10.0188 GBP |
50p ordinary | CFD | Opening a short position | 51,074 | 10.0459 GBP |
50p ordinary | CFD | Opening a short position | 133,442 | 10.0459 GBP |
50p ordinary | CFD | Opening a short position | 10,982 | 10.0459 GBP |
50p ordinary | CFD | Opening a short position | 158,360 | 10.0459 GBP |
50p ordinary | CFD | Increasing a short position | 53,200 | 10.0459 GBP |
50p ordinary | CFD | Opening a short position | 40,741 | 10.0459 GBP |
50p ordinary | CFD | Reducing a short position | 11,518 | 10.1165 GBP |
50p ordinary | CFD | Opening a short position | 1,686,000 | 10.1560 GBP |
50p ordinary | CFD | Reducing a long position | 155,715 | 10.1596 GBP |
50p ordinary | CFD | Reducing a long position | 4,600 | 10.1907 GBP |
50p ordinary | CFD | Reducing a long position | 88,754 | 10.2068 GBP |
50p ordinary | CFD | Increasing a short position | 14,954 | 10.2459 GBP |
50p ordinary | CFD | Increasing a short position | 50,700 | 10.2661 GBP |
50p ordinary | CFD | Reducing a long position | 243,945 | 10.3057 GBP |
50p ordinary | CFD | Reducing a long position | 243,945 | 10.3057 GBP |
50p ordinary | CFD | Reducing a long position | 6,055 | 10.3057 GBP |
50p ordinary | CFD | Reducing a long position | 6,055 | 10.3057 GBP |
50p ordinary | CFD | Reducing a long position | 418,413 | 10.3472 GBP |
50p ordinary | CFD | Opening a short position | 44,203 | 10.3472 GBP |
50p ordinary | CFD | Reducing a long position | 243,945 | 10.3535 GBP |
50p ordinary | CFD | Reducing a long position | 6,055 | 10.3535 GBP |
50p ordinary | CFD | Reducing a long position | 22,253 | 10.3768 GBP |
50p ordinary | CFD | Reducing a long position | 243,945 | 10.3853 GBP |
50p ordinary | CFD | Reducing a long position | 243,945 | 10.3853 GBP |
50p ordinary | CFD | Reducing a long position | 6,055 | 10.3853 GBP |
50p ordinary | CFD | Reducing a long position | 6,055 | 10.3853 GBP |
50p ordinary | CFD | Reducing a long position | 750,000 | 10.3856 GBP |
50p ordinary | CFD | Reducing a short position | 100,000 | 10.3897 GBP |
50p ordinary | CFD | Reducing a long position | 243,946 | 10.3897 GBP |
50p ordinary | CFD | Reducing a long position | 243,946 | 10.3897 GBP |
50p ordinary | CFD | Reducing a long position | 6,054 | 10.3897 GBP |
50p ordinary | CFD | Reducing a long position | 6,054 | 10.3897 GBP |
50p ordinary | CFD | Reducing a short position | 3,624 | 10.3948 GBP |
50p ordinary | CFD | Reducing a short position | 17,316 | 10.3948 GBP |
50p ordinary | CFD | Reducing a long position | 16,500 | 10.3951 GBP |
50p ordinary | CFD | Reducing a long position | 10,000 | 10.4031 GBP |
50p ordinary | SWAP | Opening a short position | 141,192 | 10.0429 GBP |
50p ordinary | SWAP | Opening a short position | 13,108 | 10.0459 GBP |
50p ordinary | SWAP | Opening a short position | 102,857 | 10.0459 GBP |
50p ordinary | SWAP | Opening a short position | 1,890 | 10.0459 GBP |
50p ordinary | SWAP | Reducing a long position | 79 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 106 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 28 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 454 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 172 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 653 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 3,555 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 124 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 464 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 961 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 101 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 211 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 194 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 69 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 16 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 2,403 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 14,007 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 1,739 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 862 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 113 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 342 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 55 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 11,097 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 497 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 82 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 3,363 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 24 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 111 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 1,336 | 10.1536 GBP |
50p ordinary | SWAP | Reducing a long position | 555 | 10.2137 GBP |
50p ordinary | SWAP | Reducing a long position | 446 | 10.2137 GBP |
50p ordinary | SWAP | Reducing a long position | 2,317 | 10.2137 GBP |
50p ordinary | SWAP | Reducing a long position | 263 | 10.2137 GBP |
50p ordinary | SWAP | Reducing a long position | 1,673 | 10.2137 GBP |
50p ordinary | SWAP | Reducing a long position | 507 | 10.2137 GBP |
50p ordinary | SWAP | Reducing a long position | 215 | 10.2137 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) |
|
3. 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
|
| Date of disclosure: | 15 December 2016 |
| Contact name: | Joanna Foley and Kashif Rafiq |
| Telephone number: | +44(20) 7051 9996 / +44(20) 7051 0547 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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.
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