13th Dec 2016 10:17
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: | Morgan Stanley & Co. International 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: | 12 DECEMBER 2016 |
(e) Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer? | Yes |
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 | Lowest price per unit paid/received |
50p ordinary | PURCHASES | 14,901,738 | 10.3402 GBP | 9.7200 GBP |
50p ordinary | SALES | 7,246,703 | 10.0300 GBP | 8.3212 GBP |
(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 |
50p ordinary | CFD | LONG | 30,000,000 | 0.7500 GBP |
50p ordinary | CFD | LONG | 25,000,000 | 1.2000 GBP |
50p ordinary | CFD | LONG | 52,113 | 8.3212 GBP |
50p ordinary | CFD | LONG | 34,653 | 9.7194 GBP |
50p ordinary | CFD | LONG | 15,650 | 9.7200 GBP |
50p ordinary | CFD | LONG | 12,806 | 9.7200 GBP |
50p ordinary | CFD | LONG | 16,702 | 9.7856 GBP |
50p ordinary | CFD | LONG | 3 | 9.7856 GBP |
50p ordinary | CFD | LONG | 9,400 | 9.7917 GBP |
50p ordinary | CFD | LONG | 568 | 9.8195 GBP |
50p ordinary | CFD | LONG | 647 | 9.8195 GBP |
50p ordinary | CFD | LONG | 599 | 9.8200 GBP |
50p ordinary | CFD | LONG | 2,426 | 9.8222 GBP |
50p ordinary | CFD | LONG | 95,000 | 9.8412 GBP |
50p ordinary | CFD | LONG | 4,000 | 9.8571 GBP |
50p ordinary | CFD | LONG | 5,286 | 9.8646 GBP |
50p ordinary | CFD | LONG | 25,339 | 9.8705 GBP |
50p ordinary | CFD | LONG | 40,583 | 9.8770 GBP |
50p ordinary | CFD | LONG | 3,960 | 9.8774 GBP |
50p ordinary | CFD | LONG | 25,153 | 9.8774 GBP |
50p ordinary | CFD | LONG | 614 | 9.8852 GBP |
50p ordinary | CFD | LONG | 11,456 | 9.8888 GBP |
50p ordinary | CFD | LONG | 45,103 | 9.8902 GBP |
50p ordinary | CFD | LONG | 200,420 | 9.8902 GBP |
50p ordinary | CFD | LONG | 7,898 | 9.8902 GBP |
50p ordinary | CFD | LONG | 57,174 | 9.8950 GBP |
50p ordinary | CFD | LONG | 73,715 | 9.8950 GBP |
50p ordinary | CFD | LONG | 37,675 | 9.8950 GBP |
50p ordinary | CFD | LONG | 19 | 9.9000 GBP |
50p ordinary | CFD | LONG | 33 | 9.9000 GBP |
50p ordinary | CFD | LONG | 753 | 9.9050 GBP |
50p ordinary | CFD | LONG | 680,181 | 9.9088 GBP |
50p ordinary | CFD | LONG | 185,016 | 9.9120 GBP |
50p ordinary | CFD | LONG | 68,183 | 9.9141 GBP |
50p ordinary | CFD | LONG | 27,845 | 9.9141 GBP |
50p ordinary | CFD | LONG | 76,156 | 9.9204 GBP |
50p ordinary | CFD | LONG | 43,315 | 9.9244 GBP |
50p ordinary | CFD | LONG | 31,121 | 9.9265 GBP |
50p ordinary | CFD | LONG | 258,662 | 9.9291 GBP |
50p ordinary | CFD | LONG | 23,459 | 9.9394 GBP |
50p ordinary | CFD | LONG | 126,072 | 9.9415 GBP |
50p ordinary | CFD | LONG | 11,071 | 9.9539 GBP |
50p ordinary | CFD | LONG | 4,577 | 9.9580 GBP |
50p ordinary | CFD | LONG | 888 | 9.9580 GBP |
50p ordinary | CFD | LONG | 4,608 | 9.9600 GBP |
50p ordinary | CFD | LONG | 10,402 | 9.9613 GBP |
50p ordinary | CFD | LONG | 18,000 | 9.9636 GBP |
50p ordinary | CFD | LONG | 2,990 | 9.9642 GBP |
50p ordinary | CFD | LONG | 2,692 | 9.9652 GBP |
50p ordinary | CFD | LONG | 56,995 | 9.9713 GBP |
50p ordinary | CFD | LONG | 18,341 | 9.9720 GBP |
50p ordinary | CFD | LONG | 7,844 | 9.9750 GBP |
50p ordinary | CFD | SHORT | 6 | 9.7200 GBP |
50p ordinary | CFD | SHORT | 1 | 9.7200 GBP |
50p ordinary | CFD | SHORT | 1,891 | 9.7200 GBP |
50p ordinary | CFD | SHORT | 8,377 | 9.7200 GBP |
50p ordinary | CFD | SHORT | 12,260 | 9.7200 GBP |
50p ordinary | CFD | SHORT | 12,150 | 9.7500 GBP |
50p ordinary | CFD | SHORT | 1,032 | 9.7716 GBP |
50p ordinary | CFD | SHORT | 24,815 | 9.7768 GBP |
50p ordinary | CFD | SHORT | 89,194 | 9.7850 GBP |
50p ordinary | CFD | SHORT | 1,182 | 9.7850 GBP |
50p ordinary | CFD | SHORT | 4,000 | 9.8237 GBP |
50p ordinary | CFD | SHORT | 94,894 | 9.8543 GBP |
50p ordinary | CFD | SHORT | 130,328 | 9.8543 GBP |
50p ordinary | CFD | SHORT | 58,473 | 9.8653 GBP |
50p ordinary | CFD | SHORT | 76,272 | 9.8812 GBP |
50p ordinary | CFD | SHORT | 64,251 | 9.8812 GBP |
50p ordinary | CFD | SHORT | 3,196 | 9.8812 GBP |
50p ordinary | CFD | SHORT | 6,315 | 9.8847 GBP |
50p ordinary | CFD | SHORT | 146,546 | 9.8847 GBP |
50p ordinary | CFD | SHORT | 6,478 | 9.8847 GBP |
50p ordinary | CFD | SHORT | 323 | 9.8847 GBP |
50p ordinary | CFD | SHORT | 1,851 | 9.8847 GBP |
50p ordinary | CFD | SHORT | 1,200,000 | 9.8853 GBP |
50p ordinary | CFD | SHORT | 67,136 | 9.8900 GBP |
50p ordinary | CFD | SHORT | 14,664 | 9.8900 GBP |
50p ordinary | CFD | SHORT | 30,000 | 9.9009 GBP |
50p ordinary | CFD | SHORT | 60,000 | 9.9034 GBP |
50p ordinary | CFD | SHORT | 75,733 | 9.9052 GBP |
50p ordinary | CFD | SHORT | 566,909 | 9.9052 GBP |
50p ordinary | CFD | SHORT | 25,946 | 9.9076 GBP |
50p ordinary | CFD | SHORT | 72,282 | 9.9159 GBP |
50p ordinary | CFD | SHORT | 91,101 | 9.9169 GBP |
50p ordinary | CFD | SHORT | 219,177 | 9.9279 GBP |
50p ordinary | CFD | SHORT | 185,016 | 9.9314 GBP |
50p ordinary | CFD | SHORT | 92,689 | 9.9384 GBP |
50p ordinary | CFD | SHORT | 62,300 | 9.9417 GBP |
50p ordinary | CFD | SHORT | 92,202 | 9.9450 GBP |
50p ordinary | CFD | SHORT | 36,197 | 9.9470 GBP |
50p ordinary | CFD | SHORT | 12,894 | 9.9533 GBP |
50p ordinary | CFD | SHORT | 5,722 | 9.9568 GBP |
50p ordinary | CFD | SHORT | 34,823 | 9.9593 GBP |
50p ordinary | CFD | SHORT | 9,421 | 9.9606 GBP |
50p ordinary | CFD | SHORT | 845,000 | 9.9629 GBP |
50p ordinary | CFD | SHORT | 455,000 | 9.9629 GBP |
50p ordinary | CFD | SHORT | 542 | 9.9630 GBP |
50p ordinary | CFD | SHORT | 33,530 | 9.9632 GBP |
50p ordinary | CFD | SHORT | 8,268 | 9.9634 GBP |
50p ordinary | CFD | SHORT | 5,448 | 9.9634 GBP |
50p ordinary | CFD | SHORT | 10,661 | 9.9634 GBP |
50p ordinary | CFD | SHORT | 7,127 | 9.9643 GBP |
50p ordinary | CFD | SHORT | 3,643 | 9.9643 GBP |
50p ordinary | CFD | SHORT | 5,528 | 9.9643 GBP |
50p ordinary | CFD | SHORT | 10,000 | 9.9650 GBP |
50p ordinary | CFD | SHORT | 72,056 | 9.9653 GBP |
50p ordinary | CFD | SHORT | 133,817 | 9.9653 GBP |
50p ordinary | CFD | SHORT | 38,723 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 13,046 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 1,681 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 1,002 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 4,823 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 719 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 5,362 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 9,432 | 9.9654 GBP |
50p ordinary | CFD | SHORT | 105,347 | 9.9658 GBP |
50p ordinary | CFD | SHORT | 8,296 | 9.9685 GBP |
50p ordinary | CFD | SHORT | 5,466 | 9.9685 GBP |
50p ordinary | CFD | SHORT | 10,695 | 9.9685 GBP |
50p ordinary | CFD | SHORT | 444 | 9.9716 GBP |
50p ordinary | CFD | SHORT | 16,837 | 9.9722 GBP |
50p ordinary | CFD | SHORT | 35,000 | 9.9728 GBP |
50p ordinary | CFD | SHORT | 88,048 | 9.9729 GBP |
50p ordinary | CFD | SHORT | 750,000 | 9.9747 GBP |
50p ordinary | CFD | SHORT | 3,626 | 9.9748 GBP |
50p ordinary | CFD | SHORT | 68,961 | 9.9748 GBP |
50p ordinary | CFD | SHORT | 71,711 | 9.9748 GBP |
50p ordinary | CFD | SHORT | 50,000 | 9.9765 GBP |
50p ordinary | CFD | SHORT | 591,264 | 9.9808 GBP |
50p ordinary | CFD | SHORT | 78,444 | 9.9824 GBP |
50p ordinary | CFD | SHORT | 145,683 | 9.9824 GBP |
50p ordinary | CFD | SHORT | 50,000 | 9.9833 GBP |
50p ordinary | CFD | SHORT | 15,013 | 9.9885 GBP |
50p ordinary | CFD | SHORT | 9,893 | 9.9885 GBP |
50p ordinary | CFD | SHORT | 19,357 | 9.9885 GBP |
50p ordinary | CFD | SHORT | 34,292 | 9.9889 GBP |
50p ordinary | CFD | SHORT | 357,500 | 9.9899 GBP |
50p ordinary | CFD | SHORT | 192,500 | 9.9899 GBP |
50p ordinary | CFD | SHORT | 99 | 9.9922 GBP |
50p ordinary | CFD | SHORT | 1,556 | 9.9922 GBP |
50p ordinary | CFD | SHORT | 1,664 | 9.9922 GBP |
50p ordinary | CFD | SHORT | 3,045 | 9.9932 GBP |
50p ordinary | CFD | SHORT | 500,000 | 10.3402 GBP |
50p ordinary | CFD | LONG | 4,838 | 9.8931 GBP |
50p ordinary | CFD | LONG | 989 | 9.9495 GBP |
(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 | Type e.g. American, European etc. | Expiry date | Option money paid/ received per unit |
50p ordinary | CALL | SALE | 12,000 | 900.0000 | A | 20/01/2017 | 0.7500 GBP |
50p ordinary | CALL | SALE | 9,000 | 900.0000 | A | 20/01/2017 | 0.7500 GBP |
50p ordinary | CALL | SALE | 9,000 | 900.0000 | A | 20/01/2017 | 0.7500 GBP |
50p ordinary | CALL | SALE | 25,000 | 880.0000 | A | 20/01/2017 | 1.2000 GBP |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
N/A | N/A | N/A | N/A |
(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) |
N/A | N/A | N/A | N/A |
The currency of all prices and other monetary amounts should be stated.
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.
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: 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: | 13 DECEMBER 2016 |
| Contact name: | Craig Horsley |
| Telephone number: | +44(141) 245 7736 |
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