27th Jun 2018 16:57
AMENDMENT
INCREASED EQUITY SALES BY 168,919 TO 2,170,025
ADDED EQUITY SWAP PURCHASES OF 168,919
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: | 13 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 | 6,681,907
2,170,025 | 13.6050
13.4865 | 13.3100
13.3150 |
(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 | 17 22,755 70,419 55,838 2,955 1,407 1,875 80,312 23,986 14,323 275,000 649 55,968 171,901 2,846 32,540 168,919
43,245 15,412 28,038 179 24,897 8,012 444 1,537 71,363 30,023 94,315 190 10,144 9,913 22,362 23,840 8,980 128 11,426 740 222 660 284 2,548 5,810 2,178 9,566 6,795 41,420 2,734 55,871 16 28,010 50,000 996 485 20,192 55,510 50,000 120 4,126,852 71,000 32,540 23,771 41,000 55,846 | 13.3490 13.3494 13.3500 13.3641 13.3670 13.3680 13.3735 13.3749 13.3774 13.3781 13.3806 13.3864 13.3870 13.3952 13.4199 13.4375 13.4865
13.3509 13.3687 13.3701 13.3713 13.3717 13.3718 13.3721 13.3743 13.3756 13.3757 13.3759 13.3795 13.3810 13.3812 13.3832 13.3855 13.3856 13.3892 13.3895 13.3916 13.3923 13.3924 13.3933 13.3940 13.3946 13.3949 13.3966 13.3968 13.4006 13.4011 13.4027 13.4029 13.4038 13.4067 13.4069 13.4085 13.4095 13.4106 13.4117 13.4127 13.4200 13.4327 13.4375 13.4388 13.4508 13.4552 |
(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: | 27 June 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