4th Apr 2018 10:46
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: | 3 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 | 2,588,163
2,389,665 | 13.2506
13.2550 | 13.0300
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 | 2,231 267 146 795 4,569 1,336 32 420 988 512 1,555 19,099 834 553 1,001 7,161 920 546 7,212 6,141 27,098 71 51,358 11,514 31 91,098 144 13,821 1,409 3,196 5,485 2,442 5,572 3,057 190 9,575 1,290 5,331 564 2,096 2,215 44 1,254 21,679 3,470 6,089 2,000 1,409 2,604 1,471 1,850 14,481 33,420 1,172 56,415 31,509 36,109 15,365 5,927
2,366 35,551 1,571 43,745 278,793 96,034 20,056 646 18,985 84,900 817 2,723 65,610 5,885 1,262 197 43,944 6,653 | 13.0583 13.0746 13.0806 13.0954 13.1048 13.1069 13.1107 13.1123 13.1133 13.1138 13.1139 13.1144 13.1146 13.1148 13.1189 13.1224 13.1249 13.1271 13.1394 13.1429 13.1520 13.1748 13.1913 13.1942 13.1990 13.2030 13.2132 13.2142 13.2161 13.2164 13.2176 13.2177 13.2180 13.2182 13.2186 13.2190 13.2194 13.2196 13.2199 13.2201 13.2208 13.2211 13.2214 13.2215 13.2234 13.2239 13.2256 13.2267 13.2270 13.2274 13.2284 13.2313 13.2314 13.2319 13.2324 13.2330 13.2376 13.2415 13.2499
13.0301 13.1435 13.1566 13.1730 13.1970 13.1992 13.2024 13.2047 13.2201 13.2232 13.2288 13.2368 13.2387 13.2405 13.2414 13.2477 13.2506 13.2599 |
(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: | 4 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