5th Jul 2018 14:47
AMENDMENT
DECREASED EQUITY PURCHASES BY 138,771 TO 3,457,437
INCREASED EQUITY SALES BY 67,473 TO 4,056,819
ADDED EQUITY SWAP PURCHASES OF 67,473
REMOVED EQUITY SWAP SALES OF 138,771
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: | 21 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 | 3,457,437
4,056,819 | 14.0500
14.0500 | 13.8950
13.9200 |
(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 | 36 288 3,186 6,591 624,155 67,473 19,500 4,816 97,372 1,466 16,516 10,097 5,316 35,801 350 14,517 50,000 100,000 50,000 104,535
1,949 520 14,895 4,580 681 12,497 36,801 4,246 11,855 9,263 6,223 6,604 1,510 1,062 3,265 1,862 4,417 2,765 1,892 8,603 1,064 7,052 16,106 705 5,372 8,245 3,394 12,264 1,722 2,805 5,003 6,833 9 2,903 7,958 1,878 288 3,565 957 3,991 328 676 61,229 538 30,991 5,760 45,067 83,859 28,563 61,178 190 1,517 2,848 3,214 68,452 8,783 7 | 13.8449 13.9236 13.9582 13.9610 13.9622 13.9654 13.9660 13.9677 13.9761 13.9794 13.9858 13.9895 13.9901 13.9902 13.9960 14.0494 18.4755 18.4848 18.5152 18.5251
13.9305 13.9333 13.9370 13.9371 13.9379 13.9380 13.9516 13.9631 13.9661 13.9709 13.9715 13.9753 13.9803 13.9816 13.9820 13.9824 13.9825 13.9833 13.9843 13.9845 13.9851 13.9855 13.9857 13.9858 13.9863 13.9868 13.9873 13.9882 13.9889 13.9896 13.9898 13.9902 13.9914 13.9918 13.9921 13.9928 13.9945 13.9947 13.9950 13.9958 13.9994 14.0004 14.0009 14.0014 14.0052 14.0130 14.0143 14.0148 14.0151 14.0189 14.0277 14.0315 14.0330 14.0339 14.0500 14.0501 14.0511 |
(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: | 05 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