20th Dec 2016 14:38
AMENDMENT (Section 2a and 2b)
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: | 16 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 | 2,889,894 | 9.9350 GBP | 8.6000 GBP |
50p ordinary | SALES | 3,091,107 | 9.9350 GBP | 8.6000 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 (Call Option) | LONG | 15,000,000 | 0.9500 GBP |
50p ordinary | CFD | LONG | 2,000 | 9.8500 GBP |
50p ordinary | CFD | LONG | 792 | 9.8564 GBP |
50p ordinary | CFD | LONG | 3,081 | 9.8564 GBP |
50p ordinary | CFD | LONG | 8,208 | 9.8588 GBP |
50p ordinary | CFD | LONG | 9,318 | 9.8588 GBP |
50p ordinary | CFD | LONG | 8,919 | 9.8612 GBP |
50p ordinary | CFD | LONG | 899 | 9.8712 GBP |
50p ordinary | CFD | LONG | 899 | 9.8712 GBP |
50p ordinary | CFD | LONG | 836 | 9.8712 GBP |
50p ordinary | CFD | LONG | 353 | 9.8781 GBP |
50p ordinary | CFD | LONG | 35,008 | 9.8816 GBP |
50p ordinary | CFD | LONG | 27,424 | 9.8842 GBP |
50p ordinary | CFD | LONG | 44,825 | 9.8896 GBP |
50p ordinary | CFD | LONG | 13,250 | 9.8897 GBP |
50p ordinary | CFD | LONG | 85,041 | 9.8920 GBP |
50p ordinary | CFD | LONG | 20,190 | 9.8967 GBP |
50p ordinary | CFD | LONG | 6,604 | 9.9018 GBP |
50p ordinary | CFD | LONG | 40,365 | 9.9093 GBP |
50p ordinary | CFD | LONG | 111,897 | 9.9093 GBP |
50p ordinary | CFD | LONG | 11,569 | 9.9100 GBP |
50p ordinary | CFD | LONG | 14,139 | 9.9100 GBP |
50p ordinary | CFD | LONG | 3 | 9.9400 GBP |
50p ordinary | CFD | SHORT | 50,000 | 9.0000 GBP |
50p ordinary | CFD | SHORT | 14,598 | 9.6956 GBP |
50p ordinary | CFD | SHORT | 9,450 | 9.6956 GBP |
50p ordinary | CFD | SHORT | 63,779 | 9.6956 GBP |
50p ordinary | CFD | SHORT | 7,627 | 9.6956 GBP |
50p ordinary | CFD | SHORT | 23,697 | 9.6956 GBP |
50p ordinary | CFD | SHORT | 4,838 | 9.6956 GBP |
50p ordinary | CFD | SHORT | 14,264 | 9.7614 GBP |
50p ordinary | CFD | SHORT | 10,736 | 9.7614 GBP |
50p ordinary | CFD | SHORT | 4,150 | 9.8173 GBP |
50p ordinary | CFD | SHORT | 59,730 | 9.8554 GBP |
50p ordinary | CFD | SHORT | 45,976 | 9.8580 GBP |
50p ordinary | CFD | SHORT | 74,905 | 9.8697 GBP |
50p ordinary | CFD | SHORT | 1,138 | 9.8698 GBP |
50p ordinary | CFD | SHORT | 356 | 9.8774 GBP |
50p ordinary | CFD | SHORT | 3,142 | 9.8774 GBP |
50p ordinary | CFD | SHORT | 3,080 | 9.8778 GBP |
50p ordinary | CFD | SHORT | 10,095 | 9.8810 GBP |
50p ordinary | CFD | SHORT | 10,873 | 9.8835 GBP |
50p ordinary | CFD | SHORT | 36,101 | 9.8877 GBP |
50p ordinary | CFD | SHORT | 1,246 | 9.8886 GBP |
50p ordinary | CFD | SHORT | 31,946 | 9.8886 GBP |
50p ordinary | CFD | SHORT | 51,729 | 9.8976 GBP |
50p ordinary | CFD | SHORT | 71,128 | 9.8976 GBP |
50p ordinary | CFD | SHORT | 26,755 | 9.9017 GBP |
50p ordinary | CFD | SHORT | 79,518 | 9.9045 GBP |
50p ordinary | CFD | SHORT | 5,011 | 9.9060 GBP |
50p ordinary | CFD | SHORT | 746 | 9.9060 GBP |
50p ordinary | CFD | SHORT | 22,269 | 9.9060 GBP |
50p ordinary | CFD | SHORT | 41,846 | 9.9093 GBP |
50p ordinary | CFD | SHORT | 2,500 | 9.9100 GBP |
50p ordinary | CFD | SHORT | 3,700 | 9.9100 GBP |
50p ordinary | CFD | SHORT | 12,883 | 9.9321 GBP |
50p ordinary | CFD | SHORT | 17,117 | 9.9321 GBP |
50p ordinary | CFD | SHORT | 3 | 9.9400 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 | 15,000 | 9.00 | A | 20/01/2017 | 0.9500 GBP |
(ii) Exercise
Class of relevant security | Product description e.g. call option | Number of securities | Exercise price per unit |
50p ordinary | CALL | 980,000 | 9.40 GBP |
50p ordinary | PUT | 21,000 | 7.80 GBP |
50p ordinary | PUT | 79,000 | 7.40 GBP |
(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: | 20 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