25th Sep 2018 15:45
AMENDMENT
DECREASED EQUITY SALES BY 190,535 TO 1,346,648
ADDED EQUITY SWAP PURCHASES OF 694,354
ADDED EQUITY SWAP SALES OF 123,100
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: | 14 September 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 | 857,950
1,346,648 | 15.8095
15.8000 | 15.6550
15.4773 |
(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
| 531,368 195 951 1,389 1,139 264 169,898 7,083 7,069 10,419 257 525 8,496 4,864 3,514 15,209 21,403 1,612 496 760 1,646 628 600 8,900 90,535 14 6 168,237 169,898
236 491 491 2,191 701 499 6,480 9,190 50,042 17,361 10,638 10,523 26,885 12,946 73,058 | 15.6929 GBP 15.6945 GBP 15.7045 GBP 15.7077 GBP 15.7091 GBP 15.7099 GBP 15.7152 GBP 15.7191 GBP 15.7198 GBP 15.7209 GBP 15.7222 GBP 15.7262 GBP 15.7473 GBP 15.7525 GBP 15.7538 GBP 15.7542 GBP 15.7559 GBP 15.7607 GBP 15.7645 GBP 15.7663 GBP 15.7694 GBP 15.7720 GBP 15.7724 GBP 15.7842 GBP 15.7873 GBP 15.7938 GBP 15.7950 GBP 20.5469 USD 20.5477 USD
15.6828 GBP 15.6852 GBP 15.6853 GBP 15.6947 GBP 15.7054 GBP 15.7105 GBP 15.7109 GBP 15.7219 GBP 15.7268 GBP 15.7837 GBP 15.7948 GBP 15.7950 GBP 15.7951 GBP 15.7957 GBP 15.8021 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) |
(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) |
|
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
|
| Date of disclosure: | 25 September 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