14th Mar 2018 18:14
AMENDMENT
INCREASED EQUITY SALES BY 469,876 TO 762,805
ADDED EQUITY SWAP PURCHASES OF 469,876
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: | J.P. Morgan Securities 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 March 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 this 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 (GBP) | Lowest price per unit paid/received (GBP) |
Ordinary Shares | Purchases
Sales | 6,422,893
762,805 | 13.3800
13.3453 | 13.2650
13.2613 |
(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 |
Ordinary Shares | Equity Swaps | Long
Short | 118,168 674 63,240 89 59,085 1,185 112 59,116 29,510 1,369 187,704 67 5,269 2,347 20,050 57 80 9,839 433 5,646 14,737 58,725 620 269
462 60 185 3,859 1,551 989 2,131 3,000 17,588 2,049 335,000 80,182 83,468 13,543 250,000 250,000 1,672 96 1,120 433 246 163 1,002 150,000 801 26 8 5,000,000 3 139,756 | 13.2613 GBP 13.2620 GBP 13.2644 GBP 13.2649 GBP 13.2746 GBP 13.2778 GBP 13.2799 GBP 13.2800 GBP 13.2801 GBP 13.2889 GBP 13.2897 GBP 13.2905 GBP 13.2914 GBP 13.2936 GBP 13.2949 GBP 13.3049 GBP 13.3096 GBP 13.3320 GBP 13.3324 GBP 13.3331 GBP 13.3367 GBP 13.3375 GBP 13.3392 GBP 13.3399 GBP
13.2660 GBP 13.2695 GBP 13.2806 GBP 13.2858 GBP 13.2902 GBP 13.2907 GBP 13.2926 GBP 13.2933 GBP 13.2940 GBP 13.2979 GBP 13.3058 GBP 13.3082 GBP 13.3103 GBP 13.3106 GBP 13.3193 GBP 13.3201 GBP 13.3205 GBP 13.3227 GBP 13.3304 GBP 13.3307 GBP 13.3310 GBP 13.3354 GBP 13.3375 GBP 13.3405 GBP 13.3408 GBP 13.3523 GBP 13.3538 GBP 13.3800 GBP 13.3805 GBP 18.4816 USD |
(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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
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(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) (GBP) |
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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
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| Date of disclosure: | 14 March 2018 |
| Contact name: | Alwyn Basch |
| Telephone number: | 020 7742 7407 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. 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