6th Mar 2018 14:07
AMENDMENT
INCREASED EQUITY PURCHASES BY 74,824 TO 4,680,659
INCREASED EQUITY SALES BY 846,847 TO 5,439,278
ADDED EQUITY SWAP PURCHASES OF 1,389,755
ADDED EQUITY SWAP SALES OF 74,824
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: | 01 March 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 | 4,680,659
5,439,278 | 13.7206
13.7200 | 13.4549
13.4567 |
(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 | 524 281 248 26,650 2,130 21 44,638 286 7,729 4,973 4,687 25 107,160 191 398 56,116 509 22,852 816,031 18,139 13,795 14,093 601 550,000 50 1,188 819 399 789 3,059 65,141 66,537 4,202 575 71 210 146 1,400 7,027 7,501 20,784 7 1,190 83,178 40 24,770 149,936
524 29,891 281 97,229 248 937 1,013 347 877 1,964 20,077 74,824 32,937 86,463 6,652 3,734 40,000 40,142 71,446 10,332 6,332 200,000 20,000 1,415 75,000 622 287,552 20,000 50,000 20,000 2,246 88,823 40,100 533 | 13.4500 GBP 13.4550 GBP 13.4650 GBP 13.4862 GBP 13.4997 GBP 13.5000 GBP 13.5295 GBP 13.5411 GBP 13.5431 GBP 13.5505 GBP 13.5522 GBP 13.5546 GBP 13.5566 GBP 13.5603 GBP 13.5607 GBP 13.5652 GBP 13.5666 GBP 13.5670 GBP 13.5679 GBP 13.5687 GBP 13.5693 GBP 13.5694 GBP 13.5701 GBP 13.5734 GBP 13.5844 GBP 13.5855 GBP 13.5858 GBP 13.5861 GBP 13.5885 GBP 13.5906 GBP 13.5941 GBP 13.5943 GBP 13.5948 GBP 13.6074 GBP 13.6145 GBP 13.6159 GBP 13.6164 GBP 13.6219 GBP 13.6227 GBP 13.6228 GBP 13.6299 GBP 13.6326 GBP 13.6424 GBP 13.7118 GBP 13.7190 GBP 13.7197 GBP 18.7115 USD
13.4500 GBP 13.4537 GBP 13.4550 GBP 13.4566 GBP 13.4650 GBP 13.4854 GBP 13.4933 GBP 13.4934 GBP 13.4935 GBP 13.4983 GBP 13.4987 GBP 13.5002 GBP 13.5125 GBP 13.5178 GBP 13.5256 GBP 13.5394 GBP 13.5432 GBP 13.5497 GBP 13.5507 GBP 13.5575 GBP 13.5618 GBP 13.6130 GBP 13.6233 GBP 13.6276 GBP 13.6282 GBP 13.6289 GBP 13.6297 GBP 13.6317 GBP 13.6375 GBP 13.6393 GBP 13.6755 GBP 13.7206 GBP 13.7210 GBP 13.7231 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