16th Jul 2018 15:27
AMENDMENT
INCREASED EQUITY PURCHASES BY 16,096 TO 626,373
ADDED EQUITY SWAP SALES OF 16,096
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: | 09 July 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 | 626,373
620,275 | 14.6857
14.6871 | 14.5750
14.5600 |
(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 | 184,872 5,105 2,337 2,275 2,744 250 6,681 16,762 17,599 3,690 48 3,697 19,093 211 137,050
455 154 33 55 433 90 26 544 3,319 16,096 3,770 1,867 387 3,294 29,777 718 1,999 970 393 1,405 10,436 2,989 2,483 8,064 20,141 357 405 85 272,829 572 4,330 | 14.6423 GBP 14.6433 GBP 14.6516 GBP 14.6530 GBP 14.6545 GBP 14.6562 GBP 14.6569 GBP 14.6597 GBP 14.6646 GBP 14.6720 GBP 14.6839 GBP 14.6843 GBP 14.6850 GBP 14.6871 GBP 19.3815 USD
14.5851 GBP 14.5982 GBP 14.6000 GBP 14.6011 GBP 14.6176 GBP 14.6204 GBP 14.6253 GBP 14.6273 GBP 14.6404 GBP 14.6419 GBP 14.6461 GBP 14.6480 GBP 14.6490 GBP 14.6519 GBP 14.6520 GBP 14.6528 GBP 14.6551 GBP 14.6555 GBP 14.6561 GBP 14.6601 GBP 14.6608 GBP 14.6629 GBP 14.6631 GBP 14.6641 GBP 14.6643 GBP 14.6651 GBP 14.6716 GBP 14.6718 GBP 14.6751 GBP 14.6850 GBP 14.6857 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) |
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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
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(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
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| Date of disclosure: | 16 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