5th Jul 2017 18:06
AMENDMENT
INCREASED EQUITY PURCHASES BY 8,954,043 TO 11,326,984
INCREASED EQUITY SALES BY 326,023 TO 1,519,900
ADDED EQUITY SWAP PURCHASES OF 326,023
ADDED EQUITY SWAP SALES OF 8,954,043
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: | 29 June 2017 |
(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
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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 | 11,326,984
1,519,900 | 9.9800
9.9650 | 9.5876
9.5450 |
(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
| 180,112 132,480 34,751 50,000 37,300 5,949 48,013 794 262,916 25,807
33 30 7 163 367 234,792 378 66 100,000 100,000 490 133 934 90 207,230 28 1,753 80 1,250,000 32 59,789 155 1,250,000 779,780 950,000 5,725,000 | 9.6464 GBP 9.6863 GBP 9.7354 GBP 9.8252 GBP 9.8419 GBP 9.8621 GBP 9.8637 GBP 9.8793 GBP 12.8472 USD 12.9313 USD
9.7895 GBP 9.7903 GBP 9.7947 GBP 9.7982 GBP 9.8161 GBP 9.8394 GBP 9.8427 GBP 9.8450 GBP 9.8490 GBP 9.8498 GBP 9.8518 GBP 9.8686 GBP 9.8687 GBP 9.8728 GBP 9.8758 GBP 9.8778 GBP 9.8797 GBP 9.8807 GBP 9.8819 GBP 9.8855 GBP 9.8876 GBP 9.8915 GBP 9.8994 GBP 9.9006 GBP 9.9099 GBP 9.9338 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 (GBP) | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit (GBP) |
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(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
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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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(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
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(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: | 05 July 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 7272 |
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