20th Dec 2016 16:38
AMENDMENT
INCREASED EQUITY PURCHASES BY 606,378 TO 11,627,561
INCREASED EQUITY SALES BY 42,750 TO 7,465,175
ADDED EQUITY SWAP PURCHASES OF 25,482
ADDED EQUITY SWAP SALES OF 7,250
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: | 12 December 2016 |
(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 | 11,627,561
7,465,175 | 10.0200
10.0200 | 9.7200
9.7200 |
(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
| 156,225 312 7,227 650,000 287,000 1,250 850,000 21,647 322 34,168 3,629 106,189 43,192 5,674 38,376 972 4,536 3,690 141,850 25,482
1,907 150,000 328 50,000 12,209 17,461 145,697 100,000 250,000 100,000 198 810 14,500 27,415 100,000 57 109,288 77 659 2,400 343 3 100,000 12,248 1,375 417,859 12,626 28 63,059 140,036 60,692 685 100,000 110,000 4,181 47 76,729 5,222 100,747 217,967 106,538 16 824 8,081 250,000 152,908 250,000 357 232,033 68,302 500,000 8,571 55 12 3,261 109,550 36,195 1,908 43 267 950 11,614 159,572 2,765 2,042 30,000 4,866 15,000 12,235 76,398 1,343,983 475,913 | 9.7577 GBP 9.8330 GBP 9.8390 GBP 9.8452 GBP 9.8852 GBP 9.8943 GBP 9.9001 GBP 9.9060 GBP 9.9097 GBP 9.9110 GBP 9.9218 GBP 9.9329 GBP 9.9371 GBP 9.9381 GBP 9.9405 GBP 9.9430 GBP 9.9440 GBP 9.9483 GBP 9.9540 GBP 9.9850 GBP
9.7207 GBP 9.7251 GBP 9.7353 GBP 9.7598 GBP 9.7673 GBP 9.7685 GBP 9.7732 GBP 9.7923 GBP 9.8037 GBP 9.8098 GBP 9.8479 GBP 9.8494 GBP 9.8536 GBP 9.8549 GBP 9.8565 GBP 9.8571 GBP 9.8599 GBP 9.8862 GBP 9.8872 GBP 9.8880 GBP 9.8893 GBP 9.8903 GBP 9.8924 GBP 9.8936 GBP 9.8941 GBP 9.8966 GBP 9.9006 GBP 9.9045 GBP 9.9076 GBP 9.9099 GBP 9.9102 GBP 9.9169 GBP 9.9177 GBP 9.9183 GBP 9.9195 GBP 9.9206 GBP 9.9213 GBP 9.9214 GBP 9.9223 GBP 9.9236 GBP 9.9264 GBP 9.9289 GBP 9.9370 GBP 9.9376 GBP 9.9436 GBP 9.9478 GBP 9.9543 GBP 9.9544 GBP 9.9546 GBP 9.9570 GBP 9.9575 GBP 9.9594 GBP 9.9604 GBP 9.9625 GBP 9.9631 GBP 9.9658 GBP 9.9662 GBP 9.9663 GBP 9.9689 GBP 9.9690 GBP 9.9724 GBP 9.9740 GBP 9.9805 GBP 9.9856 GBP 9.9953 GBP 9.9976 GBP 9.9986 GBP 10.0002 GBP 10.0007 GBP 10.0053 GBP 12.4982 USD 12.5749 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) |
Ordinary Shares |
(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) |
|
(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: | 20 December 2016 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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