5th Oct 2017 15:50
AMENDMENT
INCREASED EQUITY PURCHASES BY 35,083 TO 2,583,570
ADDED EQUITY SWAP PURCHASES OF 2,000,000
ADDED EQUITY SWAP SALES OF 35,083
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: | 02 October 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
|
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 | 2,583,570
2,311,804 | 9.2150
9.2200 | 9.1355
9.1650 |
(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 | 112,642 315 27,503 382 5,971 947 1,396 9,587 24,121 14,198 57,616 26 11 6 565 16 4 42 2 2,000,000 88,506
486 112,642 683 262 3,247 207 79 421 39,502 40,083 1,250 3,166 217 30,627 5,443 80,165 20,041 2,361 11,111 41 35,042 2,482 3,458 192,208 20,041 | 9.1500 GBP 9.1643 GBP 9.1654 GBP 9.1700 GBP 9.1722 GBP 9.1725 GBP 9.1732 GBP 9.1781 GBP 9.1790 GBP 9.1791 GBP 9.1835 GBP 9.1841 GBP 9.1899 GBP 9.1909 GBP 9.1981 GBP 9.1991 GBP 9.2015 GBP 9.2055 GBP 9.2091 GBP 9.2100 GBP 12.1765 USD
9.1355 GBP 9.1500 GBP 9.1688 GBP 9.1701 GBP 9.1704 GBP 9.1706 GBP 9.1707 GBP 9.1728 GBP 9.1743 GBP 9.1779 GBP 9.1793 GBP 9.1820 GBP 9.1826 GBP 9.1853 GBP 9.1895 GBP 9.1900 GBP 9.1920 GBP 9.1923 GBP 9.1926 GBP 9.1930 GBP 9.1931 GBP 9.1959 GBP 9.1970 GBP 9.2086 GBP 9.2100 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) |
Ordinary Shares
|
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
(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) |
|
(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
|
| Date of disclosure: | 05 October 2017 |
| Contact name: | Evangelos Galiatsatos |
| Telephone number: | 020 7742 6148 |
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