20th Dec 2017 14:15
AMENDMENT Section 2(a & b)
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: | 14 DECEMBER 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 | 5,411,767 | 10.2200 GBP | 9.8200 GBP |
50p ordinary | SALES | 6,231,923 | 10.2000 GBP | 9.8050 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 | 20,000 | 9.8412 GBP |
50p ordinary | CFD | LONG | 40,000 | 9.8798 GBP |
50p ordinary | CFD | LONG | 30,000 | 9.8959 GBP |
50p ordinary | CFD | LONG | 96,705 | 9.9000 GBP |
50p ordinary | CFD | LONG | 135,192 | 9.9001 GBP |
50p ordinary | CFD | LONG | 8,085 | 9.9060 GBP |
50p ordinary | CFD | LONG | 5,643 | 9.9077 GBP |
50p ordinary | CFD | LONG | 80 | 9.9081 GBP |
50p ordinary | CFD | LONG | 75,000 | 9.9112 GBP |
50p ordinary | CFD | LONG | 4,040 | 9.9137 GBP |
50p ordinary | CFD | LONG | 2,898 | 9.9194 GBP |
50p ordinary | CFD | LONG | 75,015 | 9.9207 GBP |
50p ordinary | CFD | LONG | 82,458 | 9.9253 GBP |
50p ordinary | CFD | LONG | 1,371 | 9.9316 GBP |
50p ordinary | CFD | LONG | 45,000 | 9.9338 GBP |
50p ordinary | CFD | LONG | 35,802 | 9.9440 GBP |
50p ordinary | CFD | LONG | 20,000 | 9.9450 GBP |
50p ordinary | CFD | LONG | 30,366 | 9.9452 GBP |
50p ordinary | CFD | LONG | 49,850 | 9.9452 GBP |
50p ordinary | CFD | LONG | 5,404 | 9.9490 GBP |
50p ordinary | CFD | LONG | 17,382 | 9.9490 GBP |
50p ordinary | CFD | LONG | 47 | 9.9549 GBP |
50p ordinary | CFD | LONG | 10 | 9.9650 GBP |
50p ordinary | CFD | LONG | 3,000 | 9.9800 GBP |
50p ordinary | CFD | LONG | 63,195 | 9.9909 GBP |
50p ordinary | CFD | LONG | 36,805 | 9.9909 GBP |
50p ordinary | CFD | LONG | 6,129 | 10.0224 GBP |
50p ordinary | CFD | LONG | 274,428 | 10.0432 GBP |
50p ordinary | CFD | LONG | 8,640 | 10.0781 GBP |
50p ordinary | CFD | LONG | 171 | 10.0957 GBP |
50p ordinary | CFD | LONG | 970 | 10.1055 GBP |
50p ordinary | CFD | LONG | 13,066 | 10.1055 GBP |
50p ordinary | CFD | LONG | 3,617 | 10.1055 GBP |
50p ordinary | CFD | LONG | 10,918 | 10.1055 GBP |
50p ordinary | CFD | LONG | 33,814 | 10.1055 GBP |
50p ordinary | CFD | LONG | 327 | 10.1347 GBP |
50p ordinary | CFD | LONG | 4,404 | 10.1347 GBP |
50p ordinary | CFD | LONG | 11,398 | 10.1347 GBP |
50p ordinary | CFD | LONG | 3,680 | 10.1347 GBP |
50p ordinary | CFD | LONG | 1,220 | 10.1347 GBP |
50p ordinary | CFD | LONG | 371,000 | 10.1498 GBP |
50p ordinary | CFD | LONG | 12,000 | 10.1500 GBP |
50p ordinary | CFD | LONG | 12,000 | 10.1500 GBP |
50p ordinary | CFD | LONG | 4,012 | 10.1523 GBP |
50p ordinary | CFD | LONG | 500 | 10.1600 GBP |
50p ordinary | CFD | LONG | 436 | 10.1618 GBP |
50p ordinary | CFD | LONG | 15,198 | 10.1618 GBP |
50p ordinary | CFD | LONG | 4,907 | 10.1618 GBP |
50p ordinary | CFD | LONG | 1,626 | 10.1618 GBP |
50p ordinary | CFD | LONG | 5,872 | 10.1618 GBP |
50p ordinary | CFD | LONG | 2,500 | 10.2000 GBP |
50p ordinary | CFD | SHORT | 61,652 | 9.8598 GBP |
50p ordinary | CFD | SHORT | 29,182 | 9.9000 GBP |
50p ordinary | CFD | SHORT | 29,183 | 9.9000 GBP |
50p ordinary | CFD | SHORT | 3,150 | 9.9089 GBP |
50p ordinary | CFD | SHORT | 49,850 | 9.9100 GBP |
50p ordinary | CFD | SHORT | 30,366 | 9.9100 GBP |
50p ordinary | CFD | SHORT | 4,040 | 9.9153 GBP |
50p ordinary | CFD | SHORT | 83,080 | 9.9199 GBP |
50p ordinary | CFD | SHORT | 3,000 | 9.9450 GBP |
50p ordinary | CFD | SHORT | 29,022 | 9.9457 GBP |
50p ordinary | CFD | SHORT | 1,060 | 9.9457 GBP |
50p ordinary | CFD | SHORT | 10,246 | 9.9700 GBP |
50p ordinary | CFD | SHORT | 19,754 | 9.9700 GBP |
50p ordinary | CFD | SHORT | 18 | 10.0047 GBP |
50p ordinary | CFD | SHORT | 274,428 | 10.0691 GBP |
50p ordinary | CFD | SHORT | 136 | 10.0713 GBP |
50p ordinary | CFD | SHORT | 11,200 | 10.0779 GBP |
50p ordinary | CFD | SHORT | 3,000 | 10.0800 GBP |
50p ordinary | CFD | SHORT | 75,015 | 10.0862 GBP |
50p ordinary | CFD | SHORT | 300,000 | 10.0873 GBP |
50p ordinary | CFD | SHORT | 3,000 | 10.0900 GBP |
50p ordinary | CFD | SHORT | 3,000 | 10.0900 GBP |
50p ordinary | CFD | SHORT | 161,000 | 10.0985 GBP |
50p ordinary | CFD | SHORT | 12,000 | 10.1000 GBP |
50p ordinary | CFD | SHORT | 20 | 10.1000 GBP |
50p ordinary | CFD | SHORT | 2,500 | 10.1000 GBP |
50p ordinary | CFD | SHORT | 3,000 | 10.1100 GBP |
50p ordinary | CFD | SHORT | 75,000 | 10.1426 GBP |
50p ordinary | CFD | SHORT | 17,308 | 10.1600 GBP |
50p ordinary | CFD | SHORT | 7,692 | 10.1600 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: | 20 DECEMBER 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