23rd May 2018 16:15
AMENDMENT
INCREASED EQUITY PURCHASES BY 66,436 TO 2,029,920
INCREASED EQUITY SALES BY 631 TO 664,961
ADDED EQUITY SWAP PURCHASES OF 631
ADDED EQUITY SWAP SALES OF 66,436
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: | 16 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
|
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 | 2,029,920
664,961 | 13.7050
13.7050 | 13.5350
13.5400 |
(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 | 524 31 13 166 979 487 40 2,951 6,008 1,565 1,733 16 13 1,251 24 11 557 4,769 348 1,334 2,206 3,487 15 245 21,682 7,399 91 631 9,013 29 35,492 61,878 263 609 5,558 42,043 258 153 503 299 130 368 216 188 476 41 4 160,000 250,000
401 10,395 196 62,711 360 401 17,347 66,436 1,826 2,610 1,262 883 1,792,000 | 13.5404 13.5686 13.5855 13.5861 13.5884 13.5893 13.5907 13.5916 13.5970 13.5991 13.5992 13.6004 13.6033 13.6035 13.6036 13.6039 13.6042 13.6068 13.6140 13.6159 13.6183 13.6189 13.6190 13.6192 13.6194 13.6205 13.6213 13.6215 13.6255 13.6259 13.6265 13.6276 13.6282 13.6287 13.6288 13.6290 13.6322 13.6323 13.6324 13.6325 13.6337 13.6338 13.6340 13.6341 13.6362 13.6364 13.6536 13.6804 13.6954
13.5965 13.6130 13.6265 13.6300 13.6382 13.6384 13.6419 13.6524 13.6660 13.6680 13.6692 13.6776 13.7050 |
(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: | 23 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