2nd Mar 2018 11:26
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 | 4,605,835
4,592,431 | 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 (GBP) |
Ordinary Shares | Equity Swaps | Long
Short | 524 281 248 26,650 44,638 286 7,729 4,973 4,687 25 107,160 191 398 56,116 509 22,852 18,139 13,795 14,093 601 50 1,188 819 399 3,059 65,141 66,537 4,202 575 71 210 146 1,400 7,027 7,501 149,936 7 1,190 83,178 40 24,770
524 29,891 281 97,229 248 937 1,013 347 877 1,964 20,077 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 13.4550 13.4650 13.4862 13.5295 13.5411 13.5431 13.5505 13.5522 13.5546 13.5566 13.5603 13.5607 13.5652 13.5666 13.5670 13.5687 13.5693 13.5694 13.5701 13.5844 13.5855 13.5858 13.5861 13.5906 13.5941 13.5943 13.5948 13.6074 13.6145 13.6159 13.6164 13.6219 13.6227 13.6228 13.6232 13.6326 13.6424 13.7118 13.7190 13.7197
13.4500 13.4537 13.4550 13.4566 13.4650 13.4854 13.4933 13.4934 13.4935 13.4983 13.4987 13.5125 13.5178 13.5256 13.5394 13.5432 13.5497 13.5507 13.5575 13.5618 13.6130 13.6233 13.6276 13.6282 13.6289 13.6297 13.6317 13.6375 13.6393 13.6755 13.7206 13.7210 13.7231 |
(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) |
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(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
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(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
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| Date of disclosure: | 02 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