12th Mar 2018 14:27
AMENDMENT
INCREASED EQUITY PURCHASES BY 196,794 TO 809,108
INCREASED EQUITY SALES BY 108,357 TO 628,139
ADDED EQUITY SWAP PURCHASES OF 6,060,516
ADDED EQUITY SWAP SALES OF 6,148,953
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: | 06 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 | 809,108
628,139 | 13.6300
13.6382 | 13.4250
13.4244 |
(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 | 686 55 38,683 32 36 657 100,000 7,700 200 13,092 8,448 19,926 839 44,787 2,780 5,952,159 6,387 382 2 440 44 88 3,082 9,854 626 873 36
12,771 1,974 19,004 11,406 1,287 6,692 200,000 9,736 3,649 39,472 32,570 18,161 13,189 5,952,159 150 896 5,086 131 157,322 | 13.4220 GBP 13.4240 GBP 13.4244 GBP 13.4539 GBP 13.4549 GBP 13.4606 GBP 13.4906 GBP 13.4909 GBP 13.4946 GBP 13.4985 GBP 13.5142 GBP 13.5152 GBP 13.5279 GBP 13.5314 GBP 13.5490 GBP 13.5500 GBP 13.5710 GBP 13.5966 GBP 13.5986 GBP 13.6137 GBP 13.6169 GBP 13.6174 GBP 13.6186 GBP 13.6203 GBP 13.6221 GBP 13.6296 GBP 13.6382 GBP
13.4299 GBP 13.4337 GBP 13.4451 GBP 13.4661 GBP 13.4717 GBP 13.4816 GBP 13.4832 GBP 13.4839 GBP 13.4862 GBP 13.5027 GBP 13.5108 GBP 13.5325 GBP 13.5398 GBP 13.5500 GBP 13.5526 GBP 13.5599 GBP 13.5842 GBP 13.6226 GBP 18.6880 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) |
|
(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: | 12 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