20th Dec 2016 16:55
AMENDMENT
INCREASED EQUITY PURCHASES BY 3,798,500 TO 5,429,755
INCREASED EQUITY SALES BY 7,640 TO 1,824,891
ADDED EQUITY SWAP PURCHASES OF 7,640
ADDED EQUITY SWAP SALES OF 6,231,827
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: | 15 December 2016 |
(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 | 5,429,755
1,824,891 | 9.8882
9.8800 | 9.6895
9.7025 |
(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
| 4,728 2,012 593 59 92,178 2,292 3,243 26,414 2,727 38,622 2,089 41,632 186,946 21,225 31,413 32,671 85 1,037 278 96 596 325 196 26,017 6,058 1,582
109 36 12,058 20,000 76,395 10,000 25,000 280 7,640 56,000 35,622 56 250 27 36 9,084 13,823 27 17,326 43 6,440 17,176 12 585,798 12,645 6,188 129,693 73,802 209,440 11,760 125 33,050 26,017 9 736 1,708 5 979 604 4,207,054 500,000 500,000 | 9.7667 GBP 9.7791 GBP 9.7843 GBP 9.7851 GBP 9.7881 GBP 9.7889 GBP 9.7893 GBP 9.7913 GBP 9.7917 GBP 9.7933 GBP 9.7934 GBP 9.7959 GBP 9.7986 GBP 9.8024 GBP 9.8030 GBP 9.8042 GBP 9.8061 GBP 9.8097 GBP 9.8125 GBP 9.8190 GBP 9.8193 GBP 9.8197 GBP 9.8211 GBP 9.8450 GBP 9.8551 GBP 9.8600 GBP
9.6846 GBP 9.6893 GBP 9.6894 GBP 9.6947 GBP 9.6957 GBP 9.7599 GBP 9.7665 GBP 9.7670 GBP 9.7746 GBP 9.7753 GBP 9.7828 GBP 9.7946 GBP 9.7963 GBP 9.8010 GBP 9.8077 GBP 9.8091 GBP 9.8132 GBP 9.8144 GBP 9.8148 GBP 9.8160 GBP 9.8196 GBP 9.8198 GBP 9.8211 GBP 9.8305 GBP 9.8310 GBP 9.8321 GBP 9.8409 GBP 9.8411 GBP 9.8414 GBP 9.8441 GBP 9.8442 GBP 9.8449 GBP 9.8450 GBP 9.8474 GBP 9.8478 GBP 9.8495 GBP 9.8560 GBP 9.8802 GBP 9.8882 GBP 12.1787 USD 12.2285 USD 12.2477 USD |
(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) |
Ordinary Shares |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Exercising/ exercised against | Number of securities | Exercise price per unit (GBP) |
Ordinary Shares |
(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) |
|
(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: | 20 December 2016 |
| Contact name: | Tung Le |
| Telephone number: | 020 7742 7272 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. 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