26th Apr 2018 11:04
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: | 25 April 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 | 2,037,417
2,591,193 | 13.7050
13.6800 | 13.0500
13.0500 |
(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 | 905 84,594 960 1,467 4,686 7,461 1,892 170,150 19,767 2,749 100,000 91,736 250,000 66,879 156,050 426 318 12,854 309 266,000
2,986 1,007 2,368 4,721 2,900 4,043 192 618 485 967 592 819 125 94 56 759 3,383 787 1,570 8,497 16,990 976 10,534 27,634 773 1,546 960 252 1,349 15,191 213 1,359 2,497 369 3,270 517 1,327 2,655 1,650 212 250 219 704 2,345 10,655 3,234 447 379 1,847 3,689 2,277 3,375 5,483 22,366 87,827 250,000 108,872 9,589 50,000 | 13.1590 13.2476 13.2781 13.3536 13.3908 13.5272 13.5299 13.5307 13.5347 13.5388 13.5460 13.5489 13.5548 13.5696 13.5718 13.5818 13.5890 13.5899 13.6040 13.6305
13.1173 13.1565 13.1667 13.1668 13.1677 13.1703 13.1756 13.1767 13.1834 13.1848 13.1855 13.1894 13.2003 13.2400 13.3059 13.3270 13.3302 13.3418 13.3419 13.3421 13.3426 13.3439 13.3441 13.3453 13.3460 13.3462 13.3466 13.3469 13.3479 13.3495 13.3508 13.3598 13.3613 13.3668 13.3752 13.3852 13.3881 13.3884 13.3893 13.3911 13.3916 13.3972 13.3976 13.3986 13.4027 13.4138 13.4163 13.4174 13.4301 13.4303 13.4306 13.4512 13.4735 13.4889 13.5302 13.5569 13.5900 13.5906 13.6642 |
(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
|
(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: | 26 April 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