7th Mar 2018 17:21
AMENDMENT
INCREASED EQUITY PURCHASES BY 325,806 TO 4,492,100
INCREASED EQUITY SALES BY 625,295 TO 1,820,624
ADDED EQUITY SWAP PURCHASES OF 493
ADDED EQUITY SWAP SALES OF 325,806
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: | 05 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 | 4,492,100
1,820,624 | 13.7500
13.7500 | 13.5500
13.5490 |
(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 (GBP) |
Ordinary Shares | Equity Swaps | Long
Short | 7,064 9,693 403 9 35 1,084 7 2,093 64,576 10 377 60 294 1,956 241 23 32 6,131 198 141,162 57,929 240 35,242 493 7,051 154 195,848 3 38,609 41,908 5,538 10,054 8,365 124 660 19 4 175 80 1,372 78 807 2 5 9,860 4,556 300 3 10,000
44 13,611 39,472 10,234 50,000 200,000 3,231 31,024 2,783 23,320 4,333 12,980 6,360 231,990 6,526 30,854 285 3,300,000 11,463 16,558 | 13.5490 13.5494 13.5706 13.5999 13.6014 13.6015 13.6044 13.6059 13.6062 13.6088 13.6089 13.6096 13.6098 13.6111 13.6114 13.6118 13.6164 13.6201 13.6209 13.6408 13.6420 13.6429 13.6577 13.6594 13.6649 13.6703 13.6750 13.6755 13.6756 13.6764 13.6825 13.6881 13.6914 13.6961 13.6965 13.6971 13.7010 13.7016 13.7046 13.7063 13.7090 13.7096 13.7160 13.7196 13.7197 13.7214 13.7224 13.7245 13.7264
13.5504 13.5510 13.5911 13.6060 13.6509 13.6543 13.6575 13.6696 13.6715 13.6730 13.6813 13.6820 13.6906 13.6991 13.7009 13.7071 13.7101 13.7200 13.7357 13.7365 |
(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: | 07 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