27th Jun 2018 10:40
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: | 26 June 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 | 1,246,764
2,711,899 | 14.4650
14.4700 | 14.2000
14.1848 |
(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 | 3,071 1,300 18,982 2,146 9,277 214,073 2,846 67,568 175 184 278,973 39,303 1,315 214,073 214,073 19,297 2,777 250,000 12,400 250,000 214,071
4 1 58 63 55 31 178 7 117 13,158 36 143 397 265 3,071 894 73 978 771 289 96 496 1,795 18 227 429 622 1,450 3,576 2,054 5,463 33,609 14,428 6,096 7,293 1,530 813 3,054 6,391 2,963 36,667 19,454 71,989 4,870 24,896 1,173 3,228 2,098 107 196 5,546 5,197 4,733 14,051 1,383 135 251 19,486 725 1,364 2,777 51 423 4,629 2,457 | 14.2775 14.3074 14.3108 14.3289 14.3334 14.3405 14.3416 14.3433 14.3639 14.3650 14.3692 14.3818 14.4017 14.4122 14.4181 14.4225 14.4275 14.4299 14.4356 14.4399 14.4437
14.1764 14.2128 14.2218 14.2251 14.2278 14.2296 14.2319 14.2338 14.2404 14.2413 14.2459 14.2462 14.2515 14.2630 14.2775 14.2817 14.2832 14.2838 14.2955 14.3041 14.3046 14.3047 14.3053 14.3164 14.3422 14.3426 14.3464 14.3496 14.3572 14.3575 14.3648 14.3650 14.3657 14.3669 14.3700 14.3711 14.3715 14.3717 14.3782 14.3816 14.3923 14.3924 14.3941 14.3942 14.3959 14.3984 14.4036 14.4055 14.4074 14.4078 14.4123 14.4141 14.4179 14.4183 14.4208 14.4210 14.4218 14.4225 14.4243 14.4246 14.4275 14.4389 14.4407 14.4485 14.4486 |
(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: | 27 June 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