4th Jul 2018 11:15
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: | 03 July 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
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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 | 770,921
477,798 | 14.6500
14.6500 | 14.5433
14.5400 |
(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 | 824 19,996 26,077 26,060 1,164 1,034 653 320 4,532 200 5,030 10,185 4,790 21,180 100,000 2,061 5,431 29,014 8,454 195 2,237 1,421 4,321 5,814
155 31,678 251 9,445 12,365 869 936 502 178 629 263 499 332 3,857 76 454 3,176 2,505 2,542 1,669 1,011 853 1,451 1,235 29,259 1,254 3,153 275 8,937 1,892 1,596 6,348 2,314 8,234 5,862 2,965 275,000 685 48,482 11,945 46,469 61,441 34,400 12,411 8 19,961 2,163 | 14.5576 14.5606 14.5640 14.5650 14.5672 14.5692 14.5721 14.5730 14.5738 14.5754 14.5761 14.5800 14.5814 14.5820 14.5831 14.5884 14.5890 14.5893 14.5899 14.5900 14.5979 14.6001 14.6157 14.6488
14.5565 14.5583 14.5590 14.5618 14.5619 14.5620 14.5624 14.5641 14.5643 14.5644 14.5649 14.5650 14.5658 14.5671 14.5672 14.5681 14.5683 14.5689 14.5691 14.5696 14.5708 14.5709 14.5713 14.5728 14.5736 14.5744 14.5750 14.5756 14.5758 14.5767 14.5768 14.5774 14.5783 14.5791 14.5795 14.5804 14.5818 14.5833 14.5875 14.5877 14.5878 14.5879 14.5881 14.5900 14.5911 14.5912 14.6140 |
(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: | 04 July 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