30th Jun 2017 09:24
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: | 29 JUNE 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 | 7,446,950 | 9.9800 GBP | 9.5350 GBP |
50p ordinary | SALES | 5,777,692 | 9.9800 GBP | 9.5300 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 | 208,753 | 9.6317 GBP |
50p ordinary | CFD | LONG | 34,867 | 9.7553 GBP |
50p ordinary | CFD | LONG | 35,133 | 9.7553 GBP |
50p ordinary | CFD | LONG | 500,000 | 9.7703 GBP |
50p ordinary | CFD | LONG | 6,894 | 9.7775 GBP |
50p ordinary | CFD | LONG | 5,724 | 9.7778 GBP |
50p ordinary | CFD | LONG | 156,899 | 9.7778 GBP |
50p ordinary | CFD | LONG | 927 | 9.7792 GBP |
50p ordinary | CFD | LONG | 252 | 9.7792 GBP |
50p ordinary | CFD | LONG | 6,170 | 9.7792 GBP |
50p ordinary | CFD | LONG | 1,676 | 9.7792 GBP |
50p ordinary | CFD | LONG | 313 | 9.7792 GBP |
50p ordinary | CFD | LONG | 15,000 | 9.7800 GBP |
50p ordinary | CFD | LONG | 100,000 | 9.7802 GBP |
50p ordinary | CFD | LONG | 15,626 | 9.7889 GBP |
50p ordinary | CFD | LONG | 4,500 | 9.7946 GBP |
50p ordinary | CFD | LONG | 100,000 | 9.8194 GBP |
50p ordinary | CFD | LONG | 13,959 | 9.8337 GBP |
50p ordinary | CFD | LONG | 608,556 | 9.8354 GBP |
50p ordinary | CFD | LONG | 55,214 | 9.8377 GBP |
50p ordinary | CFD | LONG | 1,430 | 9.8401 GBP |
50p ordinary | CFD | LONG | 11,622 | 9.8401 GBP |
50p ordinary | CFD | LONG | 95,529 | 9.8409 GBP |
50p ordinary | CFD | LONG | 3,766 | 9.8418 GBP |
50p ordinary | CFD | LONG | 11,769 | 9.8418 GBP |
50p ordinary | CFD | LONG | 1,988 | 9.8418 GBP |
50p ordinary | CFD | LONG | 6,423 | 9.8418 GBP |
50p ordinary | CFD | LONG | 268 | 9.8419 GBP |
50p ordinary | CFD | LONG | 4,221 | 9.8440 GBP |
50p ordinary | CFD | LONG | 26,620 | 9.8440 GBP |
50p ordinary | CFD | LONG | 490,309 | 9.8588 GBP |
50p ordinary | CFD | LONG | 27,395 | 9.8594 GBP |
50p ordinary | CFD | LONG | 112,341 | 9.8795 GBP |
50p ordinary | CFD | LONG | 58 | 9.8863 GBP |
50p ordinary | CFD | LONG | 1,654 | 9.8900 GBP |
50p ordinary | CFD | LONG | 200,000 | 9.8907 GBP |
50p ordinary | CFD | LONG | 20,000 | 9.8919 GBP |
50p ordinary | CFD | LONG | 20,000 | 9.9009 GBP |
50p ordinary | CFD | LONG | 10,000 | 9.9050 GBP |
50p ordinary | CFD | LONG | 2,758 | 9.9081 GBP |
50p ordinary | CFD | LONG | 1,328 | 9.9176 GBP |
50p ordinary | CFD | SHORT | 7,500 | 9.5550 GBP |
50p ordinary | CFD | SHORT | 195,000 | 9.5945 GBP |
50p ordinary | CFD | SHORT | 273 | 9.6000 GBP |
50p ordinary | CFD | SHORT | 5,721 | 9.6400 GBP |
50p ordinary | CFD | SHORT | 14,279 | 9.6498 GBP |
50p ordinary | CFD | SHORT | 26,489 | 9.6554 GBP |
50p ordinary | CFD | SHORT | 149,041 | 9.7755 GBP |
50p ordinary | CFD | SHORT | 14,977 | 9.7915 GBP |
50p ordinary | CFD | SHORT | 7,833 | 9.7938 GBP |
50p ordinary | CFD | SHORT | 608,556 | 9.8015 GBP |
50p ordinary | CFD | SHORT | 20,326 | 9.8104 GBP |
50p ordinary | CFD | SHORT | 4,500 | 9.8144 GBP |
50p ordinary | CFD | SHORT | 122,481 | 9.8318 GBP |
50p ordinary | CFD | SHORT | 19,972 | 9.8411 GBP |
50p ordinary | CFD | SHORT | 65,191 | 9.8529 GBP |
50p ordinary | CFD | SHORT | 393,581 | 9.8529 GBP |
50p ordinary | CFD | SHORT | 41,063 | 9.8543 GBP |
50p ordinary | CFD | SHORT | 147,867 | 9.8543 GBP |
50p ordinary | CFD | SHORT | 40,000 | 9.8592 GBP |
50p ordinary | CFD | SHORT | 876 | 9.8626 GBP |
50p ordinary | CFD | SHORT | 23,206 | 9.8634 GBP |
50p ordinary | CFD | SHORT | 161 | 9.8650 GBP |
50p ordinary | CFD | SHORT | 9,555 | 9.8662 GBP |
50p ordinary | CFD | SHORT | 100,000 | 9.8698 GBP |
50p ordinary | CFD | SHORT | 39,000 | 9.8747 GBP |
50p ordinary | CFD | SHORT | 3,632 | 9.8758 GBP |
50p ordinary | CFD | SHORT | 1,370 | 9.8775 GBP |
50p ordinary | CFD | SHORT | 134 | 9.8797 GBP |
50p ordinary | CFD | SHORT | 19,995 | 9.8797 GBP |
50p ordinary | CFD | SHORT | 9,351 | 9.8800 GBP |
50p ordinary | CFD | SHORT | 24,210 | 9.8800 GBP |
50p ordinary | CFD | SHORT | 11,429 | 9.8800 GBP |
50p ordinary | CFD | SHORT | 29,590 | 9.8800 GBP |
50p ordinary | CFD | SHORT | 200,000 | 9.8811 GBP |
50p ordinary | CFD | SHORT | 1,889 | 9.8847 GBP |
50p ordinary | CFD | SHORT | 100,000 | 9.8850 GBP |
50p ordinary | CFD | SHORT | 438 | 9.8868 GBP |
50p ordinary | CFD | SHORT | 20,000 | 9.8874 GBP |
50p ordinary | CFD | SHORT | 2,500 | 9.8941 GBP |
50p ordinary | CFD | SHORT | 13,577 | 9.8948 GBP |
50p ordinary | CFD | SHORT | 77,300 | 9.8986 GBP |
50p ordinary | CFD | SHORT | 7,500 | 9.9000 GBP |
50p ordinary | CFD | SHORT | 1,056 | 9.9042 GBP |
50p ordinary | CFD | SHORT | 1,676 | 9.9042 GBP |
50p ordinary | CFD | SHORT | 252 | 9.9042 GBP |
50p ordinary | CFD | SHORT | 172 | 9.9042 GBP |
50p ordinary | CFD | SHORT | 25,000 | 9.9146 GBP |
50p ordinary | CFD | SHORT | 25,000 | 9.9146 GBP |
50p ordinary | CFD | SHORT | 40,000 | 9.9278 GBP |
50p ordinary | CFD | SHORT | 27,155 | 9.9475 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: | 30 JUNE 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