30th May 2018 16:30
AMENDMENT
INCREASED EQUITY PURCHASES BY 37,152 TO 715,681
ADDED EQUITY SWAP SALES OF 37,152
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: | 23 May 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
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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 | 715,681
481,294 | 13.7000
13.7000 | 13.4284
13.3850 |
(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 | 693 629 3,731 250,000 50,843 6,512 200 653 15,481 52,697 809 15,000 121 369 194 73 18,579 29 296 350 675 171 46 162 130
250,000 41,084 1,601 811 321 425 49,003 200 7,152 294 3,469 73 105 38 597 224 1,225 2,511 444 932 11,594 23,025 7,168 153 1,182 27,013 9,724 15,025 2,505 3,253 6,943 6,083 6,280 22,295 48,223 15,000 6,478 6,692 682 20,033 903 273 15,000 18,579 2,389 681 3,372 80 | 13.4490 13.5554 13.5729 13.5864 13.6055 13.6068 13.6114 13.6240 13.6244 13.6250 13.6499 13.6559 13.6749 13.6761 13.6768 13.6799 13.6800 13.6816 13.6841 13.6845 13.6849 13.6895 13.6911 13.6928 13.6944
13.4284 13.4789 13.4840 13.5102 13.5214 13.5463 13.5588 13.5654 13.5656 13.5775 13.5832 13.5858 13.5863 13.5870 13.5922 13.5956 13.6047 13.6068 13.6073 13.6091 13.6116 13.6124 13.6130 13.6158 13.6171 13.6173 13.6182 13.6195 13.6203 13.6209 13.6237 13.6251 13.6285 13.6298 13.6361 13.6454 13.6457 13.6609 13.6629 13.6654 13.6724 13.6779 13.6780 13.6800 13.6801 13.6808 13.6822 13.6904 |
(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) |
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(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
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| Date of disclosure: | 30 May 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