16th Dec 2016 14:34
AMENDMENT (Section 2a)
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: | 13 DECEMBER 2016 |
(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 |
ADR | PURCHASES | 7,390 | 50.1558 USD | 50.1558 USD |
ADR | SALES | 7,390 | 50.1558 USD | 50.1558 USD |
50p ordinary | PURCHASES | 4,760,901 | 9.9050 GBP | 9.7400 GBP |
50p ordinary | SALES | 3,441,511 | 9.9850 GBP | 9.7400 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 | 6 | 9.7650 GBP |
50p ordinary | CFD | LONG | 1 | 9.7650 GBP |
50p ordinary | CFD | LONG | 4,410 | 9.8018 GBP |
50p ordinary | CFD | LONG | 47,961 | 9.8018 GBP |
50p ordinary | CFD | LONG | 8,120 | 9.8175 GBP |
50p ordinary | CFD | LONG | 7,495 | 9.8175 GBP |
50p ordinary | CFD | LONG | 190 | 9.8191 GBP |
50p ordinary | CFD | LONG | 205 | 9.8191 GBP |
50p ordinary | CFD | LONG | 1,466 | 9.8203 GBP |
50p ordinary | CFD | LONG | 1,354 | 9.8203 GBP |
50p ordinary | CFD | LONG | 10,031 | 9.8227 GBP |
50p ordinary | CFD | LONG | 2,580 | 9.8273 GBP |
50p ordinary | CFD | LONG | 2,794 | 9.8273 GBP |
50p ordinary | CFD | LONG | 415 | 9.8292 GBP |
50p ordinary | CFD | LONG | 381 | 9.8292 GBP |
50p ordinary | CFD | LONG | 19 | 9.8300 GBP |
50p ordinary | CFD | LONG | 70,566 | 9.8303 GBP |
50p ordinary | CFD | LONG | 22,250 | 9.8326 GBP |
50p ordinary | CFD | LONG | 30,866 | 9.8485 GBP |
50p ordinary | CFD | LONG | 373,778 | 9.8527 GBP |
50p ordinary | CFD | LONG | 15,810 | 9.8549 GBP |
50p ordinary | CFD | LONG | 19,165 | 9.8565 GBP |
50p ordinary | CFD | LONG | 4,028 | 9.8597 GBP |
50p ordinary | CFD | LONG | 49,873 | 9.8597 GBP |
50p ordinary | CFD | LONG | 51,326 | 9.8600 GBP |
50p ordinary | CFD | LONG | 321 | 9.8611 GBP |
50p ordinary | CFD | LONG | 176,135 | 9.8629 GBP |
50p ordinary | CFD | LONG | 136,612 | 9.8629 GBP |
50p ordinary | CFD | LONG | 90,020 | 9.8629 GBP |
50p ordinary | CFD | LONG | 16,589 | 9.8686 GBP |
50p ordinary | CFD | LONG | 73,714 | 9.8686 GBP |
50p ordinary | CFD | LONG | 2,641 | 9.8686 GBP |
50p ordinary | CFD | LONG | 603 | 9.8709 GBP |
50p ordinary | CFD | LONG | 5,534 | 9.8715 GBP |
50p ordinary | CFD | LONG | 9,732 | 9.8716 GBP |
50p ordinary | CFD | LONG | 60,100 | 9.8716 GBP |
50p ordinary | CFD | LONG | 5,859 | 9.8753 GBP |
50p ordinary | CFD | LONG | 220,000 | 9.8768 GBP |
50p ordinary | CFD | LONG | 5,000 | 9.8775 GBP |
50p ordinary | CFD | LONG | 58,980 | 9.8794 GBP |
50p ordinary | CFD | LONG | 36 | 9.8800 GBP |
50p ordinary | CFD | LONG | 178,742 | 9.8805 GBP |
50p ordinary | CFD | LONG | 1,182 | 9.8877 GBP |
50p ordinary | CFD | LONG | 89,194 | 9.8877 GBP |
50p ordinary | CFD | LONG | 233 | 9.8911 GBP |
50p ordinary | CFD | LONG | 1 | 9.9000 GBP |
50p ordinary | CFD | LONG | 12,355 | 9.9850 GBP |
50p ordinary | CFD | LONG | 11,503 | 9.9850 GBP |
50p ordinary | CFD | LONG | 7,208 | 9.9850 GBP |
50p ordinary | CFD | LONG | 4,603 | 9.9850 GBP |
50p ordinary | CFD | LONG | 3,707 | 9.9850 GBP |
50p ordinary | CFD | LONG | 2,351 | 9.9850 GBP |
50p ordinary | CFD | SHORT | 7 | 9.7650 GBP |
50p ordinary | CFD | SHORT | 13,431 | 9.7798 GBP |
50p ordinary | CFD | SHORT | 20,000 | 9.7798 GBP |
50p ordinary | CFD | SHORT | 6,569 | 9.7798 GBP |
50p ordinary | CFD | SHORT | 10,062 | 9.7800 GBP |
50p ordinary | CFD | SHORT | 24,800 | 9.7846 GBP |
50p ordinary | CFD | SHORT | 20,779 | 9.7919 GBP |
50p ordinary | CFD | SHORT | 75,200 | 9.7994 GBP |
50p ordinary | CFD | SHORT | 40,000 | 9.8046 GBP |
50p ordinary | CFD | SHORT | 83,116 | 9.8150 GBP |
50p ordinary | CFD | SHORT | 9,031 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 17,668 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 1,346 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 3,149 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 1,878 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 24,436 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 10,045 | 9.8200 GBP |
50p ordinary | CFD | SHORT | 219 | 9.8291 GBP |
50p ordinary | CFD | SHORT | 95,426 | 9.8361 GBP |
50p ordinary | CFD | SHORT | 19 | 9.8400 GBP |
50p ordinary | CFD | SHORT | 10,942 | 9.8508 GBP |
50p ordinary | CFD | SHORT | 154,767 | 9.8511 GBP |
50p ordinary | CFD | SHORT | 16,924 | 9.8523 GBP |
50p ordinary | CFD | SHORT | 374,174 | 9.8553 GBP |
50p ordinary | CFD | SHORT | 31,988 | 9.8597 GBP |
50p ordinary | CFD | SHORT | 60,253 | 9.8618 GBP |
50p ordinary | CFD | SHORT | 25,340 | 9.8633 GBP |
50p ordinary | CFD | SHORT | 10 | 9.8650 GBP |
50p ordinary | CFD | SHORT | 42 | 9.8650 GBP |
50p ordinary | CFD | SHORT | 12,910 | 9.8698 GBP |
50p ordinary | CFD | SHORT | 63,556 | 9.8719 GBP |
50p ordinary | CFD | SHORT | 3,467 | 9.8721 GBP |
50p ordinary | CFD | SHORT | 603 | 9.8721 GBP |
50p ordinary | CFD | SHORT | 11,829 | 9.8721 GBP |
50p ordinary | CFD | SHORT | 274,484 | 9.8721 GBP |
50p ordinary | CFD | SHORT | 12,132 | 9.8721 GBP |
50p ordinary | CFD | SHORT | 5,438 | 9.8723 GBP |
50p ordinary | CFD | SHORT | 33,164 | 9.8783 GBP |
50p ordinary | CFD | SHORT | 1,225 | 9.8800 GBP |
50p ordinary | CFD | SHORT | 1,497 | 9.8800 GBP |
50p ordinary | CFD | SHORT | 3 | 9.8834 GBP |
50p ordinary | CFD | SHORT | 35,043 | 9.8834 GBP |
50p ordinary | CFD | SHORT | 5,000 | 9.8850 GBP |
50p ordinary | CFD | SHORT | 15,000 | 9.8892 GBP |
50p ordinary | CFD | SHORT | 966 | 9.8898 GBP |
50p ordinary | CFD | SHORT | 59,480 | 9.8898 GBP |
50p ordinary | CFD | SHORT | 905,554 | 9.8909 GBP |
50p ordinary | CFD | SHORT | 94,446 | 9.8909 GBP |
50p ordinary | CFD | SHORT | 220,000 | 9.8910 GBP |
50p ordinary | CFD | SHORT | 99,132 | 9.8950 GBP |
50p ordinary | CFD | SHORT | 1,611 | 9.8950 GBP |
50p ordinary | CFD | SHORT | 17,805 | 9.8356 GBP |
50p ordinary | CFD | SHORT | 3,641 | 9.8564 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 |
50p ordinary | CALL | SALE | 91,002 | 891.3100 | E | 13/12/2016 | 0.9668 GBP |
50p ordinary | CALL | SALE | 142,496 | 891.3100 | E | 13/12/2016 | 0.9668 GBP |
(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: | 16 DECEMBER 2016 |
| 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