11th Jul 2018 16:09
AMENDMENT
INCREASED EQUITY PURCHASES BY 402,216 TO 1,125,068
INCREASED EQUITY SALES BY 175,629 TO 973,347
ADDED EQUITY SWAP PURCHASES OF 20,029
ADDED EQUITY SWAP SALES OF 433,156
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 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 | 1,125,068
973,347 | 14.6950
14.6800 | 14.4631
14.4550 |
(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 | 14,531 1,692 1,127 5,763 13,037 4,822 20,270 1,753 10,337 892 2,350 13,375 8,361 5,597 22,071 5,498
594 1,622 352 457 1,282 658 1,236 513 492 817 1,238 405 8,736 410 773 480 537 2,455 806 629 61,880 5,015 2,382 400,000 13,190 695 281 174 305 929 484 209 10,337 592 39 1,907 792 6,346 32,410 50,444 18 15,666 1,278 15,500 7,866 1,892 3,717 804 464 370 | 14.5342 14.5535 14.5573 14.5599 14.5658 14.5711 14.5780 14.5871 14.5875 14.5909 14.5932 14.6143 14.6150 14.6251 14.6343 19.3280
14.4630 14.4631 14.5304 14.5338 14.5354 14.5358 14.5410 14.5415 14.5470 14.5493 14.5518 14.5519 14.5538 14.5573 14.5574 14.5576 14.5577 14.5591 14.5592 14.5613 14.5618 14.5625 14.5641 14.5668 14.5689 14.5719 14.5721 14.5748 14.5767 14.5768 14.5781 14.5835 14.5875 14.5890 14.5915 14.6018 14.6074 14.6140 14.6150 14.6157 14.6161 14.6166 14.6223 14.6296 14.6362 14.6382 14.6408 14.6492 14.6523 14.6815 |
(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) |
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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: | 11 July 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