6th Mar 2018 14:05
AMENDMENT
DECREASED EQUITY PURCHASES BY 93,424 TO 13,104,590
INCREASED EQUITY SALES BY 3,412,902 TO 14,360,253
ADDED EQUITY SWAP PURCHASES OF 3,412,902
ADDED EQUITY SWAP SALES OF 237,511
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: | 27 February 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 | 13,104,590
14,360,253 | 13.5250
13.4900 | 12.8500
12.8500 |
(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
| 40,000 300,000 32,680 451 49 2,560 2,772 37,378 20,486 8,641 230 387,539 51,691 100,000 106,491 5,747 148,000 50,012 38,325 2,062 2,600,000 25,869 4,368 22,899 372,954 272,672 500,000
16,278 766 3,092 23,610 9,680 5,125 1,170 2,077 37,944 1,350,000 6,654 1,129 4,589 602 36,626 920 31 233 1,830 53,677 2,768 9,728 72,972 22,734 501 779 2,801 78 4,453 187 25,000 90,656 362,210 9,445 7,298 91,960 2,805 100,000 38,498 2,103 136 23,350 30,382 5,095 87 2,075 2,203 2,519 50,000 1,725 479 123,498 18,822 429 57,100 18,625 9,429 8,396 2,062 3,401 250,000 2,040 473 230 50,000 4,716 95,481 31,021 35,000 20,000 400,000 16 568,509 | 13.0340 GBP 13.0494 GBP 13.0689 GBP 13.0724 GBP 13.0725 GBP 13.1290 GBP 13.1537 GBP 13.2163 GBP 13.2201 GBP 13.2207 GBP 13.2510 GBP 13.2531 GBP 13.2568 GBP 13.2570 GBP 13.2655 GBP 13.2699 GBP 13.2731 GBP 13.2895 GBP 13.3147 GBP 13.3250 GBP 13.3291 GBP 13.3349 GBP 13.3725 GBP 13.4030 GBP 13.4303 GBP 18.5519 USD 18.5743 USD
12.9694 GBP 13.0204 GBP 13.0314 GBP 13.0395 GBP 13.0596 GBP 13.0658 GBP 13.0684 GBP 13.0890 GBP 13.0996 GBP 13.1242 GBP 13.1477 GBP 13.1489 GBP 13.1522 GBP 13.1871 GBP 13.1952 GBP 13.2027 GBP 13.2089 GBP 13.2152 GBP 13.2188 GBP 13.2198 GBP 13.2262 GBP 13.2263 GBP 13.2286 GBP 13.2329 GBP 13.2333 GBP 13.2375 GBP 13.2393 GBP 13.2510 GBP 13.2580 GBP 13.2615 GBP 13.2632 GBP 13.2645 GBP 13.2649 GBP 13.2671 GBP 13.2699 GBP 13.2720 GBP 13.2796 GBP 13.2829 GBP 13.2849 GBP 13.2889 GBP 13.2897 GBP 13.2899 GBP 13.2924 GBP 13.2972 GBP 13.3007 GBP 13.3010 GBP 13.3046 GBP 13.3049 GBP 13.3105 GBP 13.3125 GBP 13.3126 GBP 13.3151 GBP 13.3156 GBP 13.3160 GBP 13.3163 GBP 13.3180 GBP 13.3194 GBP 13.3219 GBP 13.3250 GBP 13.3267 GBP 13.3408 GBP 13.3567 GBP 13.3586 GBP 13.3639 GBP 13.3676 GBP 13.3728 GBP 13.3729 GBP 13.3867 GBP 13.4226 GBP 13.4339 GBP 13.4391 GBP 13.4436 GBP 13.4525 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) |
|
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: | 06 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