14th Sep 2017 14:23
AMENDMENT Section (2a & 2b)
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: | Morgan Stanley & Co. International plc |
(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: | 12 SEPTEMBER 2017 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes |
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 | 5,850,605 | 9.5750 GBP | 9.0350 GBP |
50p ordinary | SALES | 6,644,227 | 9.5700 GBP | 9.0250 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 | LONG | 16,231 | 9.1312 GBP |
50p ordinary | CFD | LONG | 11,580 | 9.1312 GBP |
50p ordinary | CFD | LONG | 7,720 | 9.1562 GBP |
50p ordinary | CFD | LONG | 10,821 | 9.1562 GBP |
50p ordinary | CFD | LONG | 32,458 | 9.1862 GBP |
50p ordinary | CFD | LONG | 23,159 | 9.1862 GBP |
50p ordinary | CFD | LONG | 79 | 9.2204 GBP |
50p ordinary | CFD | LONG | 110 | 9.2204 GBP |
50p ordinary | CFD | LONG | 8,644 | 9.2610 GBP |
50p ordinary | CFD | LONG | 15,871 | 9.2610 GBP |
50p ordinary | CFD | LONG | 6,177 | 9.2610 GBP |
50p ordinary | CFD | LONG | 2,563 | 9.2610 GBP |
50p ordinary | CFD | LONG | 264 | 9.2610 GBP |
50p ordinary | CFD | LONG | 1,760 | 9.2650 GBP |
50p ordinary | CFD | LONG | 602 | 9.2700 GBP |
50p ordinary | CFD | LONG | 638 | 9.2700 GBP |
50p ordinary | CFD | LONG | 3,000 | 9.2700 GBP |
50p ordinary | CFD | LONG | 5,494 | 9.2858 GBP |
50p ordinary | CFD | LONG | 3,000 | 9.2900 GBP |
50p ordinary | CFD | LONG | 30,000 | 9.2920 GBP |
50p ordinary | CFD | LONG | 1,000 | 9.2950 GBP |
50p ordinary | CFD | LONG | 505,213 | 9.2999 GBP |
50p ordinary | CFD | LONG | 1,000 | 9.3200 GBP |
50p ordinary | CFD | LONG | 100,000 | 9.3265 GBP |
50p ordinary | CFD | LONG | 113,865 | 9.3374 GBP |
50p ordinary | CFD | LONG | 103,661 | 9.3466 GBP |
50p ordinary | CFD | LONG | 550,000 | 9.3556 GBP |
50p ordinary | CFD | LONG | 59,120 | 9.3653 GBP |
50p ordinary | CFD | LONG | 412,636 | 9.3656 GBP |
50p ordinary | CFD | LONG | 3,231 | 9.3700 GBP |
50p ordinary | CFD | LONG | 2,645 | 9.3700 GBP |
50p ordinary | CFD | LONG | 9,234 | 9.3700 GBP |
50p ordinary | CFD | LONG | 11,286 | 9.3700 GBP |
50p ordinary | CFD | LONG | 7,495 | 9.3700 GBP |
50p ordinary | CFD | LONG | 22,505 | 9.3700 GBP |
50p ordinary | CFD | LONG | 1,500 | 9.3700 GBP |
50p ordinary | CFD | LONG | 70,818 | 9.3808 GBP |
50p ordinary | CFD | LONG | 23,807 | 9.3883 GBP |
50p ordinary | CFD | LONG | 7,131 | 9.4227 GBP |
50p ordinary | CFD | LONG | 41,762 | 9.4535 GBP |
50p ordinary | CFD | LONG | 1,550 | 9.4547 GBP |
50p ordinary | CFD | LONG | 1,931 | 9.4676 GBP |
50p ordinary | CFD | LONG | 125,000 | 9.4850 GBP |
50p ordinary | CFD | LONG | 3,000 | 9.4857 GBP |
50p ordinary | CFD | LONG | 3,000 | 9.4925 GBP |
50p ordinary | CFD | LONG | 12,000 | 9.5002 GBP |
50p ordinary | CFD | LONG | 8,901 | 9.5054 GBP |
50p ordinary | CFD | LONG | 9 | 9.5100 GBP |
50p ordinary | CFD | LONG | 259 | 9.5162 GBP |
50p ordinary | CFD | LONG | 2,520 | 9.5165 GBP |
50p ordinary | CFD | LONG | 6,073 | 9.5165 GBP |
50p ordinary | CFD | LONG | 8,499 | 9.5165 GBP |
50p ordinary | CFD | LONG | 15,604 | 9.5165 GBP |
50p ordinary | CFD | LONG | 12,000 | 9.5311 GBP |
50p ordinary | CFD | SHORT | 901 | 9.0350 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.0850 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.0900 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.1000 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.1000 GBP |
50p ordinary | CFD | SHORT | 7,749 | 9.1000 GBP |
50p ordinary | CFD | SHORT | 22,251 | 9.1000 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.1200 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.1350 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.1414 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.1500 GBP |
50p ordinary | CFD | SHORT | 1,241 | 9.1602 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2000 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.2000 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2000 GBP |
50p ordinary | CFD | SHORT | 1,431 | 9.2050 GBP |
50p ordinary | CFD | SHORT | 30,000 | 9.2067 GBP |
50p ordinary | CFD | SHORT | 150,000 | 9.2114 GBP |
50p ordinary | CFD | SHORT | 4,246 | 9.2265 GBP |
50p ordinary | CFD | SHORT | 40,839 | 9.2265 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.2500 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2550 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2550 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.2600 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2600 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.2650 GBP |
50p ordinary | CFD | SHORT | 80,000 | 9.2792 GBP |
50p ordinary | CFD | SHORT | 505,213 | 9.2824 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2838 GBP |
50p ordinary | CFD | SHORT | 150,000 | 9.2842 GBP |
50p ordinary | CFD | SHORT | 1,000 | 9.2850 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.2938 GBP |
50p ordinary | CFD | SHORT | 187,185 | 9.2963 GBP |
50p ordinary | CFD | SHORT | 5,936 | 9.3156 GBP |
50p ordinary | CFD | SHORT | 412,496 | 9.3290 GBP |
50p ordinary | CFD | SHORT | 57,551 | 9.3438 GBP |
50p ordinary | CFD | SHORT | 62,527 | 9.3470 GBP |
50p ordinary | CFD | SHORT | 23,807 | 9.3604 GBP |
50p ordinary | CFD | SHORT | 2,430 | 9.3644 GBP |
50p ordinary | CFD | SHORT | 1,109 | 9.3700 GBP |
50p ordinary | CFD | SHORT | 7,894 | 9.3704 GBP |
50p ordinary | CFD | SHORT | 691 | 9.3750 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.3824 GBP |
50p ordinary | CFD | SHORT | 1,552 | 9.4042 GBP |
50p ordinary | CFD | SHORT | 12,000 | 9.4100 GBP |
50p ordinary | CFD | SHORT | 41,762 | 9.4419 GBP |
50p ordinary | CFD | SHORT | 14 | 9.5550 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 |
N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 14 SEPTEMBER 2017 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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 dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Related Shares:
Sky