23rd Jul 2018 10:46
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: | 20 July 2018 |
(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 | 1,877,657275,000 | 15.0800 GBP19.7092 USD | 15.0050 GBP19.7092 USD |
50p ordinary | Sales | 1,050,639 | 15.0875 GBP | 15.0050 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 | Opening a short position | 100,000 | 15.0150 GBP |
50p ordinary | CFD | Reducing a short position | 18,814 | 15.0324 GBP |
50p ordinary | CFD | Reducing a short position | 124,686 | 15.0324 GBP |
50p ordinary | CFD | Increasing a short position | 8,000 | 15.0355 GBP |
50p ordinary | CFD | Reducing a short position | 86 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 1,235 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 2,543 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 6,814 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 2,394 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 5,596 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 38,572 | 15.0424 GBP |
50p ordinary | CFD | Reducing a short position | 5,755 | 15.0424 GBP |
50p ordinary | CFD | Reducing a long position | 6 | 15.0471 GBP |
50p ordinary | CFD | Increasing a short position | 39,659 | 15.0500 GBP |
50p ordinary | CFD | Reducing a long position | 1,277 | 15.0500 GBP |
50p ordinary | CFD | Reducing a long position | 23 | 15.0501 GBP |
50p ordinary | CFD | Reducing a long position | 31 | 15.0527 GBP |
50p ordinary | CFD | Reducing a long position | 164 | 15.0546 GBP |
50p ordinary | CFD | Reducing a long position | 247 | 15.0549 GBP |
50p ordinary | CFD | Reducing a long position | 1,072 | 15.0550 GBP |
50p ordinary | CFD | Reducing a long position | 1 | 15.0558 GBP |
50p ordinary | CFD | Opening a short position | 3,200 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 6,800 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 39,800 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 29,100 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 2,500 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 47,800 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 5,000 | 15.0575 GBP |
50p ordinary | CFD | Opening a short position | 9,300 | 15.0575 GBP |
50p ordinary | CFD | Reducing a long position | 7 | 15.0593 GBP |
50p ordinary | CFD | Reducing a long position | 12 | 15.0594 GBP |
50p ordinary | CFD | Reducing a long position | 57 | 15.0596 GBP |
50p ordinary | CFD | Reducing a long position | 184 | 15.0598 GBP |
50p ordinary | CFD | Reducing a long position | 75 | 15.0600 GBP |
50p ordinary | CFD | Reducing a long position | 183 | 15.0607 GBP |
50p ordinary | CFD | Reducing a long position | 27 | 15.0609 GBP |
50p ordinary | CFD | Reducing a long position | 41 | 15.0609 GBP |
50p ordinary | CFD | Reducing a long position | 42 | 15.0611 GBP |
50p ordinary | CFD | Reducing a long position | 4 | 15.0615 GBP |
50p ordinary | CFD | Reducing a long position | 1 | 15.0615 GBP |
50p ordinary | CFD | Reducing a long position | 13 | 15.0615 GBP |
50p ordinary | CFD | Reducing a long position | 2 | 15.0615 GBP |
50p ordinary | CFD | Reducing a long position | 25 | 15.0617 GBP |
50p ordinary | CFD | Reducing a long position | 10 | 15.0622 GBP |
50p ordinary | CFD | Reducing a long position | 16 | 15.0626 GBP |
50p ordinary | CFD | Reducing a long position | 471 | 15.0632 GBP |
50p ordinary | CFD | Reducing a long position | 104 | 15.0632 GBP |
50p ordinary | CFD | Reducing a long position | 68 | 15.0632 GBP |
50p ordinary | CFD | Reducing a long position | 10 | 15.0633 GBP |
50p ordinary | CFD | Increasing a short position | 185,000 | 15.0640 GBP |
50p ordinary | CFD | Reducing a long position | 3 | 15.0651 GBP |
50p ordinary | CFD | Reducing a long position | 3 | 15.0665 GBP |
50p ordinary | CFD | Reducing a long position | 2 | 15.0680 GBP |
50p ordinary | CFD | Reducing a long position | 1 | 15.0680 GBP |
50p ordinary | CFD | Reducing a long position | 10 | 15.0680 GBP |
50p ordinary | CFD | Reducing a long position | 1 | 15.0680 GBP |
50p ordinary | CFD | Reducing a long position | 34 | 15.0692 GBP |
50p ordinary | CFD | Reducing a long position | 3 | 15.0692 GBP |
50p ordinary | CFD | Reducing a long position | 151 | 15.0692 GBP |
50p ordinary | CFD | Reducing a long position | 22 | 15.0692 GBP |
50p ordinary | CFD | Opening a short position | 6,041 | 15.0700 GBP |
50p ordinary | CFD | Opening a short position | 200,000 | 15.0705 GBP |
50p ordinary | CFD | Reducing a long position | 4 | 15.0726 GBP |
50p ordinary | CFD | Opening a short position | 32,000 | 15.0748 GBP |
50p ordinary | CFD | Opening a short position | 550,000 | 15.0751 GBP |
50p ordinary | CFD | Opening a short position | 150,000 | 15.0770 GBP |
50p ordinary | CFD | Reducing a long position | 2 | 15.0806 GBP |
50p ordinary | CFD | Opening a short position | 275,000 | 19.7092 USD |
50p ordinary | SWAP | Opening a long position | 250,000 | 15.0586 GBP |
50p ordinary | SWAP | Opening a short position | 50,000 | 15.0600 GBP |
50p ordinary | SWAP | Opening a long position | 225,000 | 15.0607 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: | 23 July 2018 |
| Contact name: | Kashif Rafiq and Papa Lette |
| Telephone number: | +44(20) 7051 0547 / +44(20) 7774 7442 |
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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